Can you really afford to rent land? Ten questions you should be asking before you commit
With leasing prices rising and plenty of other costs involved, there are many factors to consider before you sign a contract
‘Farmers need the land to maintain their farming enterprise, but is this land leaving any money at the end of the day?’ Photo: Getty
The cost of leasing land has rocketed over the past five years. Dairy expansion and nitrate derogation rules are the main reasons. It is policy changes that have the biggest influence on the cost of leased land here.
Each year a lot of the leasing occurs before the closing of the BISS application in May. I’ve had a number of conservations with clients recently who are renewing leases.
