Farming on rental ground is an uncertain proposition. It's an area in which you, as a farm leader, have much less control than you are accustomed to. Planning for the future can be difficult if a large percentage of your farmed land is rental property. It's difficult, yes; but it can be done.
A great way to counter some of that uncertainty is to be proactive about your landlord relationships. Building a strong relationship can go a long way toward helping in the day-to-day, but in particular when it comes to any negotiations that come up along the way.
In this week's Finance First post, Water Street CEO Darren Frye helps us strengthen the bonds we have with our landlords by bringing leadership to the relationship, maintaining transparency, and setting the stage for future discussions. Read the full story at FarmFutures.com.