For the same area, irrigated cropland with good water shows stable rental rates from $150 to $250 per acre. The same type of data is available for all seven regions. ... Within the cow-calf budget spreadsheet is a line item for "Pasture Cost," which is the lease cost. For a cow-calf operator in District 1, the 2018 budget includes a. According to South Dakota law, ( SDC 1939, § 38.0401) landlords are allowed rights, including the right to collect rent in a timely manner and the right to deduct for costs from damages that exceed normal wear and tear. Tenants also obtain rights such as the right to a habitable dwelling and the right to due process for eviction proceedings. Download PDF (207.14 Kb) Rate this Document. No rating yet. A sample Pasture Lease Agreement offers guidelines for a ranch owner and cattle owner to enter into a mutual arrangement. Such leasing is one of the most prominent aspects of the agriculture in America. However, always remember to prepare a fair contract for both parties. Pasture rental rates were also surveyed. Pasture lease rates are considerably lower than crop land, because livestock generate a much lower return per acre. Average pasture rental rates were reported from five counties in the Panhandle. The average rates ranged from $18.50/acre to $37.00/acre, with an average of $26.10/acre.