Low commodity prices have landowners searching for alternative incomes, according to Farmers National Company. The company says this is especially true as farmers head into harvest of the 2018 crops with current prices impacted by trade issues. In some states, landowners have also been facing increased costs due to rising property tax bills.
For owners who have the right type of property, the company says they can increase their farm income through a managed hunting lease. The land normally needs some timber, some cropland, water sources such as a stream or pond on the property or nearby, and access. With the right combination of attributes, the landowner can lease their property to a hunter for the year and receive a payment.
Farmers National Company has help available to landowners and farmers with the Hunting Lease Network. The network, the company says, can help landowners improve their income and help handle leasing and insurance.
Source: National Association of Farm Broadcasting News Service.