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Date: Fri, Dec 08, 2006, 10:54 AM PST
URBANA - Caution seems warranted in increasing cash rents for 2007, said a University of Illinois Extension farm financial management specialist.
"Leases that allow rents to adjust or cash leases with short lease periods are appropriate in times of price uncertainty," said Gary Schnitkey. "Moreover, long-run increases in commodity prices do not automatically translate into farmers having long-run higher returns or risk reductions."<br><br><a href='http://www.aces.uiuc.edu/news/stories/news3839.html' target='_blank'>http://www.aces.uiuc.edu/news/stories/news3839.html</a><br><br>
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