Posted by G.Fields on December 11, 2011 at 07:58:45 from (173.190.14.134):
My one and only land rent experience is $per acre. The guy i met with last night wants to do it on 1/3's. I pulled some dirt for a soil sample and told him i would be touch. Well this morning i started doing a little math. on my little 10acre patch of corn i grossed $5514.41, my costs were $2673.07 If his 1/3 comes out of the gross that leaves me $1021.59, or if his 1/3 comes out of my net that leaves me $1903.70. In my opinion neither is that hot of a deal. Am i missing something, does the land lord pay a 1/3 of the fert? or did I just get spoiled with $40 per acre cash rent. How does the 1/3 deal work in other areas. Just so you know this is 100bu ground in SE Ky. Thanks in advance.
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