Farmland rental rate workshops could help determine your largest input cost

As harvest is wrapping up for some producers, the University of Minnesota Extension hosts its annual farmland rental workshops across the state. Extension notes that farmland rental rates are the largest input costs a farmer has. Learning more about what could help you reach a fair rental agreement could make a significant difference to your bottom line in the coming year. But it's also helpful to the landowner to know just how profitable the farmland is for the producer. Extension educator Nathan Hulinsky, who teaches these free workshops, described the many factors at play in helping to reach that rental value. Those include what's expected to be very strong yields for much of Minnesota for corn and soybeans. Crop prices saw improvements in late summer, but have also dropped thanks to USDA expecting a very large crop coming in. "Incomes in 2026 are probably going to be as strong as 2025, and definitely higher than we saw in 2024. The biggest thing is diesel prices