Several things need to be considered when deciding what value to place on standing forage. Forage prices reflect current inventories, demand, expected current season production and associated yield risk, and quality characteristics.
Cover crops were planted on almost 750,000 acres in Nebraska in 2017, the last year of the USDA Ag Census. A recent Cornhusker Economics reports cover crop acreage by county as well as how to consider their short-term costs and potential long-term benefits when negotiating crop land leases.
Where there is significant flood damage to pastures, hayland, or alfalfa, should the rental rate be adjusted for 2019? This article provides guidance on adjusting rental rates, depending on individual circumstances.