TRACTOR PARTS Allis Chalmers Case & David Brown Farmall & International Ferguson Ford & New Holland John Deere Massey Ferguson Massey Harris Minneapolis Moline Oliver & Cockshutt Kubota / Yanmar

TRACTOR MANUALS

Allis Chalmers	Case	Farmall IH	Ford 8N,9N,2N	Ford
Ferguson	John Deere	Massey Ferguson	Minn. Moline	Oliver

Tractor Talk Discussion Forum

farm land lease prices?

Welcome Guest, Log in or Register

Author

gun guru

05-08-2008 09:28:55

Report to Moderator

I have a buddy at work that owns 25 tillable acres and a farmer is renting it every year for $300 per year in Lapeer county Mich. This farmer plants soy, corn, winter wheat. Question....? Is my buddy getting ripped off? I think he is....What is the going rate for leasing this land? This farmer has been doing the $300/year for 3 years now.

[Log in to Reply] [No Email]

HobbyFarmer71

05-08-2008 18:32:24

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

I have 45 acres tillable that I lease out for 1/3 of the crops, which are corn and soybeans rotated.

[Log in to Reply] [No Email]

HobbyFarmer71

05-08-2008 18:40:53

Report to Moderator

Re: farm land lease prices? in reply to HobbyFarmer71, 05-08-2008 18:32:24

I need to add, this land is in the Linwood area of Bay County, in MI.

[Log in to Reply] [No Email]

05-08-2008 17:51:50

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

Is that 300 per year for 25 acres or 300 per acre? Around central IL, 300.00 plus per acre is not uncommon. He needs to go to local ASCS office, ask there, they know what land rents for in your area.
JIm

[Log in to Reply] [No Email]

Steven f/AZ

05-08-2008 15:37:48

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

I think the highest we pay in SW ND is around $35 per acre, some of it is around $25 per acre. Can't make a living with wheat with much higher rents than that... although the big farmers are paying up to $50 per acre just so they can get bigger.

[Log in to Reply] [No Email]

Spook

05-08-2008 14:31:52

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

I have a friend of mine that gets $10 dollars a acre for his 30 acres. He tried to get more, but there aren't that many farmers left in this area. Little competition.

[Log in to Reply] [No Email]

James22

05-08-2008 21:38:43

Report to Moderator

Re: farm land lease prices? in reply to Spook, 05-08-2008 14:31:52

Unless the 30 acres was located in Death Valley without any irrigation prospects or somewhere with a similar climate, I would let it lay fallow rather than accept $10/acre. In this situation I would investigate a share cropping arrangement.

[Log in to Reply] [No Email]

Rick Kr

05-08-2008 12:21:19

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

I am getting $70 acre for 20 acres. this is connected to other land so it is easy to farm.

Most rates around Genesee County I have heard are from $45-75. I do my lease year to year.

A friend gets $30/acre in Sanilac County right where it touches NE Lapeer county. He thinks that is low, but the farmer keeps an eye on his buildings, favors etc. Works out for both of them.

I get jealous of these people saying they are getting $150-$300 acre. Is anyone in Michigan getting these kind of rates??

Rick

[Log in to Reply] [No Email]

shawnspeed3

05-08-2008 11:35:27

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

I lease ground in lapeer Co. ..... My farmer pays 45.00 an ac., and don't push him on price too hard cause he is just starting out.....other neighbors are leasing at 50-75 an ac. depending on crop. I haven't heard or seen any 100+ $ an ac. leases in our county, the yeild per ac. is just not there.....12 seems a little lite. Shawn

[Log in to Reply] [No Email]

garytomaszewski

05-08-2008 10:24:39

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

That's $12/acre !! What are the taxes? He can put it in CRP for more than that. Of course if he asks for more from his "renter" he will be a no good S*B. Rent it from him/get land lease power of attorney call USDA office sign up for one of their programs, collect check and let it lay fallow.

[Log in to Reply] [No Email]

dddl

05-08-2008 09:45:39

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

Just go to your farm service agent and ask him. He should know what the rent is going for in your area

[Log in to Reply] [No Email]

Nebraska Cowman

05-08-2008 09:41:46

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

That sounds cheap but whether he is being "ripped off" I don't know. Depends some on the condition of the land, accessibility, drainage, stuff like that. It may be all it's worth.

[Log in to Reply] [No Email]

John (C-IL)

05-08-2008 09:37:19

Report to Moderator

Re: farm land lease prices? in reply to gun guru, 05-08-2008 09:28:55

reasonable rents in our area run from $150 to $200 per acre. The real high buck guys are going $300 to $340 per acre.

The only down side is that a 25 acre piece is not very efficient to farm size wise, but unless there are fertility, topography or soil type problems I'd say rents should start at $100 an go up from there given current crop and input prices.

[Log in to Reply] [No Email]

John B. NE Ind.

05-08-2008 18:01:12

Report to Moderator

Re: farm land lease prices? in reply to John (C-IL), 05-08-2008 09:37:19

Land behind me rents for $100.00 per acre. Thats been the price for the last couple of years. I'm sure that will go up next year. Some rent for a 60-40 split or 70-30 depending on who pays for what. Farmer gets the larger amount. $160-PA. is the most I've ever heard of around here. Farm program [Set aside] averages about $80.00 PA.

[Log in to Reply] [No Email]

James22

05-08-2008 21:56:27

Report to Moderator

Re: farm land lease prices? in reply to John B. NE Ind., 05-08-2008 18:01:12

I assume "set aside" means CRP. If true, than $80/acre is pretty low. The first year I received a base pay of $183/acre and have been told it will be increased for this second year. It is a fifteen year agreement, with a first year signing incentive and maintainance incentive in addition to the base pay. FSA also payed for 80% of the prairie grass seed cost and all of the establishment costs. Pheasants Forever also contributed to the seed cost. This isn't quite the crop rental rate, but close enough to warrent some inclusion. If $80 was all they would pay, I'd farm it.

[Log in to Reply] [No Email]

[Options] [Printer Friendly] [Posting Help] [Return to Forum] [Log in to Reply]

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home | Forums

Copyright © 1997-2023 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy