Agricultural Economics Department
Date of this Version
9-23-2024
Document Type
Article
Citation
Cite this work:
McClure, G. “Determining a Fair Rent for Farm Buildings.” CAP Series 24-0903, Center for Agricultural Profitability, University of Nebraska-Lincoln, Sept. 23, 2024. DOI: 10.32873/unl.dc.cap047.
Abstract
Establishing a fair rent for farm buildings and storage facilities involves multiple factors. There isn’t a universal formula, as conditions vary depending on building type, usage, and local market conditions. However, a comprehensive evaluation of both fixed and variable costs, as well as cash and non-cash expenses, is essential.