Posted by greenmachineman on June 29, 2012 at 07:42:22 from (24.213.133.121):
To make a long story short I have some land that a local dairy farmer is renting, and with an old handshake agreement he made with my grandfather lets just say he is getting a bargain. Plus he using more land now than he originally started with, and doesn't pay a cent more. I need to come up with an agreement that is fair to both of us, (not that it matters but with the size of his farm and milking around 3000 cows he can afford to pay what it is worth) and anyone who lives in the central new york area can agree property and school tax is outrageous, and that is what the money will be going towards. Is there a certain dollar amount per acre that is the standard for farm land rent? How do I figure that out? Call a government office? Any help would be greatly appreciated, and thanks in advance.
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