28 Our Advertisers Appreciate Your Business Better Farming | January 2025 RENTING YOUR FARMLAND Renting out your land to a farming tenant can have many benefits; however, being aware of the potential risks and making informed decisions about land management is essential. What are the benefits? Jaycee Adrian, farm management extension specialist and agriculture program specialist with the Government of Saskatchewan, says one of the most compelling reasons for renting out farmland is the potential for generating extra income. “It is a guaranteed source of income, without having to farm the land yourself. This is a great option for farmers to still be involved in the industry, even though they may not be farming the land themselves.” Darren Bond, farm management specialist with the Government of Manitoba says, “for farmers, the ability to receive an annual payment for land rent with an appreciating asset makes retaining ownership in the farmland an attractive scenario.” KNOW THE RISKS & THE POTENTIAL BENEFITS RENTING OUT YOUR LAND BY MARY LOGGAN Enjoy Today Photography photo
RkJQdWJsaXNoZXIy NTc0MDI3