2016 Cash Rents in Maryland and Delaware
USDA’s National Agricultural Statistic Service (NASS) updated data on cash rent paid by farmers in 2016. NASS collects this data from 240,000 farms across the United States annually through the Cash Rent Survey - data used by other agencies throughout USDA. The survey results give us an idea of what other tenants in the area may be paying per acre for farmland.
Crop Insurance For Maryland Field Crops And Livestock
Image by Edwin Remsberg
Multi-peril crop insurance is a valuable risk management tool which allows you to insure against losses on your farm due to adverse weather conditions, price fluctuations, and unavoidable pests and diseases. It shifts unavoidable production risks to an insurance company for the payment of a fixed amount of premium per acre.
Understanding Agricultural Liability: Premise’s Liability
You face many risks in your farming operation, including weather, crop prices, and environmental issues beyond your control. If you own or lease farmland, you also may encounter the liability risks associated with individuals coming on to your land, whether invited or not.