Posted by kyplowboy on May 14, 2012 at 18:51:38 from (98.93.2.93):
In Reply to: Cash Rent Contracts posted by Christos on May 14, 2012 at 12:48:49:
If it's based only on the yield then sounds like your are renting it out on the shares and not cash renting.
"Here" most all share renting is done with the land owner getting 1/3 of the crop (sold at harvest or stored at owner's expense) with the land owner not out any inputs. There are still a few folks who rent on the halves with the land owner pay'n for half the seed, fert, and chemicals with tennant provide'n the other half.
There are some real drawn out and complicated cash rent deals around here where the land owner gets a "bonus" if the yield and prices get high enough.
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