Indiana-Cash Rents Drop 12% Since 201404/17/2017
Net crop returns have dropped significantly since 2013. Budgeted earnings per acre for a corn/soybean rotation in Indiana were $120 in 2013. Since then budgeted losses per acre have ranged from $45 to $107 (Dobbins et al., 2017). What effect has this significant drop in net crop returns had on cash rent? This article examines the relationship between cash rent and net return to land for Indiana, and attempts to answer this question.