I hope my question is close enough to tractor"s to keep me out of trouble. Because of my age I am considering leasing about 35 acres of hay land that is Bermuda grass sod. What is the most common way to lease, By the acre or By the bales produced. I am in north east Arkansas anyone have any suggestion what would be A fair price either way.
 
I'm probably not far from you, most of the time I rented by the acre. I have seen it rented by the bale but there is so much variance in bale size and density that I wouldn't rent like that. I've also rented on the shares if the land owner needed some hay.
 
I am in Ohio but unless you needed hay for yourself then shares but if you do not need hay then cash by the acre. And at least a part up front. Nonrefundable. That way you would be covered if renter skipped out. Especially if somebody you do not know real well.
 
Sold some standing hay by the bale one year. The farmer assured me he would be making 45 pound bales. Son and I went to the field one afternoon and decided to see how heavy the bales were. I could barly pick up one as could my 18 year old son.
The year before we had 3500 bales and the hay buyer got only 2200 on a better year. We never sold anything to him after that. Set a price for it standing!
 

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