If your renter isn't too worried about I wouldn't cut the rent until he requests it. He might be fully covered by insurance. If he cuts his input costs enough he might still get the same profit or even more than a full crop would have produced.
If trees fit your desired use of your land, plant them where you want. Trees might reduce the yield of nearby crops, so compensate your rented for that. A general guild line is that tree roots extend a little beyond the drip line of the branches. Maybe reduce the rent or the measured acres by 50 percent to 100 percent of the height of the trees X the length of the tree lines?
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