Low rental rates on farm able ground!

Brian806 · May 21, 2015

What areas of the United states that have low rates for farm ground to
rent! I know they won't be the best places to farm but where are the
areas under say 50 dollars a acer?

Tim(nj) · May 21, 2015

You can get ground here in NJ for under $50 but it isn't well suited for row crops, mainly grass hay.

Straw Boss · May 21, 2015

Brian, I don't know if there is any one area in particular. Meaning all areas have some low rent somewhere mixed in amongst the higher rents. Just depends if you want rocks, sand, clay, marsh, someones weed patch, small fields, hard to get to fields, highly erodible, or just plain ol shlt ground. If its low rent, then its low rent for a reason. In my area, 50 dollars won't rent you un-farmable pasture ground. NESD.

Bruce from Can. · May 21, 2015

Mojave dessert ?

Kerry50 · May 21, 2015

Farm by me just rented, $35 an acre for open pasture ground.

Owen Aaland · May 21, 2015

$50 an acre won't cover the taxes on little bit of farm land I have to rent out.

David G · May 21, 2015

Ground generally rents in proportion to the potential income on it.

What is your intention for the ground?

ohiojim · May 21, 2015

around here they're paying 60 an acre for hunting rights

NY 986 · May 21, 2015

Around here it would be pretty poor ground for field crops. The competition is very fierce and there are too many people that will overpay for marginal land as they have the money from other sources to "play" farmer. It is going to take some tough times to bring things back to equilibrium where somebody can make money and not have to farm 10 or 20 thousand acres. The hobby farmers, investor farmers, and tax write off farmers need to be thinned out. Even then the Mennonites will greatly overpay for land. I do not know if it is possible to roll back the clock to a generation ago here in the East where ability and hard work was enough to make a living. Coming up by the boot straps is nearly impossible now. If you lack finances then you need investors and when it gets to that point is it worth it? Can you hope to get to a point where the investors can be bought out or will you always be a glorified hired hand who gets to make some management decisions?

GordoSD · May 21, 2015

For what use?

TGIN · May 22, 2015

I have gotten free grass hay , 5-10 acre fields that the big guys don't want and the owner just wants to keep their Ag status for taxes. Had several at one time, don't do many any more, tired of running up and down the road. Had a guy call yesterday with about 8 acres for free. S east Indiana, there is a lot of ground around here the big guys can't get their equipment into and can be had for a good price.

Fordfarmer · May 22, 2015

N/W WI. I'm paying $40/ acre, range locally is $20-$75. I turned down an old sod-bound field for almost nothing, because of what it would have taken to make it productive, and because I have enough to do. My cousin pocked up 22 acres for $20/acre. Decent ground, if you can overlook the big wethole in the middle of it. Odd shaped field, too.

MarkB_MI · May 22, 2015

50 bucks an acre is a typical rent for dryland in the western High Plains. That's actually pretty cheap when you consider the going purchase price for such land is over $1500/acre. So why isn't everyone flocking out west to snatch it up?

First, most of the rental ground is locked up in long-term leases by Big Time Operators, who are quick to snatch up what comes on the market. The land you would be able to rent would likely be neglected ground that will need a lot of fertilizer before it will produce decent crops. Then you have the high cost of entry: You're going to need over a thousand acres to make a decent living, so you'll need to purchase fairly big equipment to get started. Now the kicker: It will be a year and a half before you get your first crop; dryland out there needs to be rested ("summer fallowed") every other or every third year. So that means your real cost per crop year is $100/acre on a two-year rotation or $75/acre on a three-year rotation.

David G · May 22, 2015

What BPA corn yields do you get on it?

jon f mn · May 22, 2015

There is some for that price around me. Not good land tho. Any decent land is getting closer to $100 an acre. As some of the others have said 5-20 acre fields are sometimes available just to keep the brush out, but most haven't seen any fertilizer in 30 years.

Fordfarmer · May 22, 2015

Some push 200, but 125-150 is more realistic.

Frank 41 · May 23, 2015

Here in central IL, you will have to move the decimal point to right one more click to keep up with the BTOs.

T in NE · May 24, 2015

All summer fallow does is grow weeds. Then you till it to get rid of the weeds and the wind blows your dirt and fertilizer into your no-tilling neighbor's fields, making things even easier for him.

Low rental rates on farm able ground!

Brian806

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Tim(nj)

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Straw Boss

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Bruce from Can.

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Kerry50

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Owen Aaland

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David G

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ohiojim

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NY 986

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GordoSD

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TGIN

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Fordfarmer

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MarkB_MI

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David G

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jon f mn

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Fordfarmer

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Frank 41

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T in NE

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