Posted by LAA on January 15, 2015 at 23:04:43 from (5.108.17.30):
In Reply to: Pasture rent rates?? posted by Casey in ky on January 15, 2015 at 18:59:04:
Depends on who is going to keep up the fences, pay for the fertilizer and lime, etc. in my area many people with small or marginal pasture tracts are happy to get enough rent to pay their property tax and avoid having to bush hog. Calculating actual value from a business point of view is a good bit different, If the pasture will furnish all the feed needed by 5 pairs for say 7 months per year and the renter provides the fertilizer it would be worth a minimum of $1100 per year, if it is practical for someone to manage a small acreage.
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