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Re: Part Time Contract Farming - any suggestions?
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Posted by david on February 21, 2003 at 11:03:54 from (205.204.242.23):
In Reply to: Part Time Contract Farming - any suggestions? posted by ShepFL on February 19, 2003 at 09:56:32:
Lots of options, I have been both a landlord and tenant (at the same time) and a custom operator. Really depends on your local market. In this area: cash rent: tobacco and vegies $300/acre, landlord furnishes lime, P, K to soil test. Rentor furnishes everything else. Livestock $10/ month/per cow/cow-calf pr; horses $35/month and up. Crop share: mostly tobacco and hay. Tobacco (and some vegies) landlord land, barn , sticks, quota, fertilzer, 1/2 chemicals and seed/plants. Tenant machinery, fuel, labor. Hay 50/50 improved grass or alfalfa, landlord furnishes only fertilizer and establishes crop; some tenants getting 60% or 70% esp if unfertilzed. Landlord may sell share to tentant at fixed price (I do this on 160 acres of alfalfa with a local dairy farmer). Custom work: I charge $40.00/ hr for me and a tractor, 4 hr minimum, inc 1 way travel time. Equipment is extra (low is $5.00/hr for a hay rake, high is $60.00/hr for batwing). Baling is by the bale and I furnish twine and fuel but minimum charge is 4 hrs at $85.00/hr. I found it is more profitable for me to have someone raise my tobacco on the halves, get my local dairy neighbor to do the big chunk of alfalfa on the halves and buy my half ($100/ton on a hay moisture basis 18%, that way he can make hayledge if he wants and I still get baled hay price). That lets me focus on custom work and other hay (timothy) production.
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