Source: Texas Ag Law Blog | May 6, 2019
Have you ever wondered what the going rate is in your area for custom farm work like hauling hay or harvesting wheat? The Texas A&M AgriLife Extension Ag Economics Unit has a helpful publication, The 2018 Texas Agricultural Custom Rates Report, which is now available.
This report is based on survey responses gathered from farmers, ranchers, and other landowners across Texas. The report divides Texas into four quadrants and then provides survey results for each. The type of work included in the survey ranges from tractor rental to application of fertilizer and chemicals to harvesting to hay hauling, farm and ranch improvements to cattle hauling.
If you’re curious what common rates are in your area, check out the report by clicking here. (PDF download)
The Texas Ag Law Blog at agrilife.org/texasaglaw by Tiffany Dowell Lashmet, assistant professor and Extension specialist in agricultural Law with Texas A&M AgriLife Extension, is an outreach project of the Texas Agrilife Extension Service with the goal of keeping producers and landowners up to date on various legal issues impacting Texas agriculture. Topics include water law, oil and gas law, leasing, property rights, right to farm statutes, and dealing with animal rights activists.
Also check out her Ag Law in the Field podcasts!
Ranchers Leasing Workshops
Be sure to get signed up for a Ranchers Leasing Workshop event in your area! Learn more and get registered by clicking here.
May 22, 2019: Perryton
August 28: Victoria
Sept. 13: Fort Worth
Oct. 11: College Station
The workshops are a half-day seminar where participants will be able to ask questions, interact with attorneys and economists. This unique program will focus specifically on grazing, hunting, & livestock leases, including:
- Legal necessity for having leases in writing
- Economic considerations in setting lease rates
- Key terms to include in lease arrangements
- Landowner liability considerations for landowners and tenants
All participants receive their own copy of the Ranchers’ Agricultural Leasing Handbook, which contains checklists and sample lease language.
Program Objectives:
- Explore the potential economic and strategic benefits of incorporating leases into operation.
- Understand the importance of reducing agreements to written instrument.
- Gain basic knowledge of contract law and common lease terminology.
- Develop strategies to evaluate, negotiate, & draft agricultural lease agreements.
- Learn basics of landowner liability law and limited liability statutes.
Registration fee includes lunch. Click here for more info…