Leasing farm equipment, rather than buying it, may be appropriate when the equipment is only needed for a short period of time or if the value of the equipment will be low after the intended use or if the farmer is limited by income or funds. The following terms are what should be included in the lease for lease of …
Lawline Presentation on the Veterinary Feed Directive
I gave a presentation a few weeks ago on the Veterinary Feed Directive via Lawline. You can listen to the video below; however, if you would like to get a copy of my presentation materials (and get CLE credits for you lawyers!) then please register with Lawline here. I break this presentation into 2 parts: (1) I review the background …
Overview of Farm Leases
For farmers purchasing land is not always an option or the best option for their purpose. In those cases, leasing land may be a better option. For leasing land, there are multiple options: 1. Cash-Rent Leases: A cash rent lease is where the tenant usually pays a fixed dollar amount in rent and it may be modified based on crop …
Farm Machinery Purchase Agreements
Buying farm machinery is a long term purchase and there are multiple ways to go about obtaining the equipment: 1. Outright Sale: An outright sale occurs when the ownership is transferred to the buyer and the seller is paid in full at one time. 2. Installment Sale: The buyer obtains immediate possession and use of machinery, but seller obtains payment …
Upcoming Lawline Presentation on Veterinary Feed Directive
[slideshare id=67083532&doc=overviewoftheveterinaryfeeddirective-161012174759] This presentation was created for the upcoming Lawline.com presentation titled “Lawyer’s Guide to the Veterinary Feed Directive.” The Lawline presentation will be on November 3, 2016 at 3:30pm ET. It is a more expanded presentation from the one that I gave a few weeks ago in Oklahoma City, OK at the American Agriculture Law Association (“AALA”) Annual Meeting. …
Upcoming Veterinary Feed Directive Presentation at Lawline
Happy Columbus Day! I’m back from Oklahoma from the American Agriculture Law Association (“AALA”) Annual Educational Symposium. Hopefully you followed along with my tweets from the conference with a #AALA16 hashtag. If you missed my presentation on the Veterinary Feed Directive (“VFD”) last week in Oklahoma then I have good news for you. I will be giving a webinar on …
Livestock Leases
Leasing livestock, rather than buying it, can be a better option for many farmers depending on the situation. Leases are available for different types of livestock and the agreement should include the following clauses: 1. Description of Animals: The lease should include how many of the livestock are being leased and descriptions of the animals, including any special identifying features. …
Lawline Presentation: Overview of Common Agriculture Contacts
<iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/aYx8HfACKKg” frameborder=”0″ allowfullscreen></iframe> Here is the video of the presentation that I gave to Lawline this past summer on an Overview of Common Agriculture Contracts. You can download the slides and the presentation materials that go along with this presentation and get Continuing Legal Education (“CLE”) credits (for you lawyers out there) via Lawline here. This …
Overview of Agriculture Production Contracts
An agriculture production contract is an agreement where a producer agrees to raise a commodity in a manner established by the contractor and to deliver the commodity to the contractor while the contractor agrees to pay the producer in return. A commodity can include livestock, raw milk, and crops. Livestock may include beef cattle, dairy cattle, sheep, and swine, while …
Livestock Purchase Agreements
Purchasing livestock can be a complicated process, particularly when it comes to the agreement. Before signing a purchase agreement for livestock, whether commercial or seedstock, there are certain terms that should be included. For commercial livestock purchase agreements, the following terms should be part of agreement: Description of Animals: The type of animal to be purchased and description of the …
Overview of Grazing Leases
A grazing lease is an agreement in which a landowner allows a tenant to graze livestock on the landowner’s property. For parties involved in these types of agreements, it is important to specify terms of the lease, which address the landowner and the grazer’s rights and responsibilities. Any type of contract should have basic terms in the contract, including identification …
Happy 7th Birthday to Rincker Law!
Rincker Law, PLLC is 7 years old! With each anniversary of my law practice, I like to reflect on the previous year. Ruth has been my right hand girl for a few years now but Ravi Cattry joined the team a year ago. It’s been great having these two ladies a part of the firm’s growth over the years. …