Pasture Lease Info
Are you looking for the 'going rate' for a pasture lease? The answer is not so simple.
How are lease rates determined?
- Forage availability and quality.
- Services included (irrigation, fence repair, etc).
- Stocking rate.
- Lease period.
Key parts of a written lease:
- Names and contact info for both parties.
- Legal description of the land.
- Stocking rate, type of livestock, and allowed dates.
- Lease period and payment terms.
- Responsibility of each party (fencing, water, maintenance, etc).
- Insurance and liability details.
- How and when rent is paid.
- Add more and specialize information if necessary!
Common ways to structure a lease:
- Price per acre.
- Price per animal unit (AUM).
- Per head /per pair.
- Share of gain.
Resources
- MSU Pasture Lease Calculator
- Grazing Leases Montguide
- Animal Unit Month (AUM) Lease Rates Montguide
- Beef Cattle Share Leases Montguide
- Montana Grazing Lease Rates
- Sample Leases from AgLease101
- Lake County Extension Agent - Clare Corley
- Click here to visit the State page of resources