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Cow Leasing

May 8th, 2015

Leasing cows can be a useful option in some situations.  Particularly now it may fit young producers wanting to expand Cow_Leasingwithout taking on a large debt load associated with high priced breeding stock. It may also be attractive to some wishing to start stepping out and retiring without totally leaving the industry.

Livestock leases need to be based on good business practices and should involve a written agreement between parties which is a legal document that defines the terms (responsibilities and obligations).  The agreement can address a number of items, but should be kept clear and concise with review by a lawyer.

For ideas and help in determining a fair lease and detailing considerations to include in an agreement, there are several good sources of information.  Online at agriculture.gov.sk.ca/cow-calf_lease_agreements is a Saskatchewan publication on cow leasing including a sample agreement.  The University of Nebraska extension service also has posted online cow leasing information focusing on determining what’s equitable (beef.unl.edu/cattleproduction/cowcalfshareorlease).

Filed under: Livestock Update
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