Pasture rental

The pasture (about 30 - 40 acres) is now just carrying 7 horses and not making much.

My thoughts are to improve the pasture and rent out for cow pasture.

With a lot of cattle in the immediate area, my thoughts are to hopefully rent out to a neighbor in a sort of rotation scheme with the renters own pasture. My plan is allow the pasture to be eaten down, then remove the cows, clip, fertilize, allow for regrowth, then start all over!

My question regards how much and how to charge. How is that figured and what options are there?
I was thinking so much a head per week or so much per head per day. The how much as me puzzled.

I thought about trying to determine how much average gain per day per head, then see how much that gain would sell for live weight, then maybe charge 1/2 that amount. Is that reasonable? Boy, I sure welcome any thoughts, plans, ideas, etc etc.

Thanks

Your way is a better way, so much per animal per day or month. Then you can match the grass to the number of animals, and everyone comes out ok. I think it's around 20 cents a day here in the USA - just a ball-park figure, depends who maintains fence, supplies water, etc,

--->Paul