About Us: Precision Farming and Land Leasing Practices

Precision farming practices may influence precision farmers' preferences for alternative forms of land lease and may influence the relationships negotiated between landlord and tenant. This paper discusses attributes of cash and share leases, the two primary lease types employed in Ohio, discuss principles of lease design to mitigate perverse economic incentives, suggest implications of precision farming for the choice of lease type. Evidence is presented from the 1999 Precision Farming Survey and the 2001 Precision Farming Case Studies that may shed light on how precision farmers are controlling land through lease.

Publication type: 
Policy brief
Date published: 
Monday, October 1, 2001