The Rice Rental Arrangement Net Return Evaluation Model is a spreadsheet-based decision tool developed to assist Louisiana rice producers in evaluating the impacts of alternative crop land rental arrangements on projected net returns above specified rice production costs from the perspective of both the rice producer and the land owner. This decision aid model includes the Price Loss Coverage (PLC) Program option of the Agricultural Act of 2018 (2018 Farm Bill). The PLC Program is expected to be the farm income support option selected by a majority of rice producers and landowners in the state. With the major changes which have been implemented in the 2018 Farm Bill, crop land rental arrangements would be expected to adjust to reflect this change in rice income expectation. This purpose of this decision aid is to assist rice producers and landowners in evaluating alternative rice rental arrangements and to estimate the impact on expected net returns above specified rice production expenses for both the tenant rice producer and the land owner.
The LSU AgCenter and the LSU College of Agriculture