Today’s blog post contains maps developed by Dr. Justin Benavidez, our District Economist here in Amarillo.  Dr. Benavidez has been an outstanding addition to our AgriLife faculty and has even taught me–a lawyer–about economics, so you know he’s got to be good!  Dr. Benavidez has a blog, and you can subscribe to receive his posts as emails to you.  Click here to learn more.   If you’re curious what average cash rent rates are in your area, we’ve got the info for you! USDA NASS Cash Rent Survey… Read More →

The facts underlying the Austin Court of Appeals decision in Marek v. Lehrer are an agricultural real estate deal gone terribly wrong.  This case is a great example of why it is so important to have every agreement  put into writing and timely signed by the parties. Factual Background R.L. Lehrer, a cattle rancher in San Saba County decided to sell 257 acres of his property and to lease the property back to continue grazing his cattle.  He planned to use the proceeds from the property sale and from… Read More →

For agricultural lease agreements, there are normally three types of arrangements utilized: cash leases, crop share leases, and flex/hybrid leases.  There is no right or wrong option to select here so long as the parties can agree on the structure and the details that go along with that selection and understand the potential implications.  It is advisable to visit with an accountant and an attorney before making this type of decision as it can impact a landowner with regard to who will receive government program payments, what self… Read More →

Earlier this year, my friend and Texas A&M University alum, Cari Rincker, invited me to join her on her new show, Ag Law Today.  Cari and I had a video interview about one of my favorite topics, grazing leases. From why leases should be put in writing to what key terms landowners to consider, I enjoyed the chance to chat with Cari about these important considerations for landowners and livestock producers. To listen to the episode, click here.