In this form a landowner is leasing land to another for the pasturing and grazing of cattle.
Travis Texas Lease of Land for Pasturing and Grazing of Cattle
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State:
Multi-State
County:
Travis
Control #:
US-00977BG
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Word;
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How to fill out Lease Of Land For Pasturing And Grazing Of Cattle?
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FAQ
Pasture rent rates in the Coastal Bend increased the most over the past two years. Cost per acre in that region was up $1.20. South Texas pasture rent rates declined the most in the state, falling from $5.80 per acre in 2017 to $5.40 per acre in 2019. The statewide average is up 20 cents to $6.80 per acre.
Pasture rent rates in the Coastal Bend increased the most over the past two years. Cost per acre in that region was up $1.20. South Texas pasture rent rates declined the most in the state, falling from $5.80 per acre in 2017 to $5.40 per acre in 2019. The statewide average is up 20 cents to $6.80 per acre.
For Texas, the average lease rates for 2020 are: Irrigated cropland: $95.00 (up $3.00 from 2019) Non-irrigated cropland: $30.00 (No change) Pastureland: $7.00 (up $0.20 from 2019)
Pasture rent may range from 1.5 to 2.0 percent of market value. For example, pasture with a sale value of $3,600 per acre will rent from $54to $72per acre ($3,600 x 1.5% to 2.0% = $54to $72). Information File C2-09, Iowa Farmland Rental Rates (USDA) has information on current values.
The lowest reported rates were in Sutton County at $5.60/acre and Kendall County at $7.60/acre. The statewide average was reported at $30.00/acre and remained unchanged from 2020. Dr. Greg Kaase pulled together the following table showing the average cash lease rates for 2020 and 2021 for each of Texas' regions.
For Texas, the average lease rates for 2020 are: Irrigated cropland: $95.00 (up $3.00 from 2019) Non-irrigated cropland: $30.00 (No change) Pastureland: $7.00 (up $0.20 from 2019)
The average rental for a sheep and beef farm ranged between $30-$35 per stock unit. But for land suitable for dairy support purposes, rental could be between $40-$50 per stock unit.
Cash rent for pasture is unchanged at $12.50 per acre. In Alabama, cash rent for cropland averaged $61.50 per acre, an increase of $3.50 from last year. Cash rent for cropland in Florida decreased $8.00 to $115 per acre. Georgia cash rent for cropland fell $4 in 2018 to $116 per acre.
Leasing land to another person for grazing can benefit both the landowner and the lessee. It allows an additional source of income for the landowner and permits the lessee to run livestock on land without incurring the long-term debt associated with purchasing property.