Re: How about free?

Posted by paul on August 14, 2003 at 07:49:56 from (209.23.145.17):

In Reply to: How about free? posted by Indydirtfarmer on August 14, 2003 at 04:42:55:

Ok, what am I missing? You can rent it for
corn/soybeans for $4000 a year, or you can
rent it for hay for $1000 a year. Why is the hay
deal a bad one? Sounds like a bargin to get
the land for $25 a year, vs $100 a year.

Yes, there are more start-up costs with hay,
but that is pretty cheap rent. You say your
startup would be $1200, so even the first year
you are getting the land for 1/2 of a corn/bean
rate..... Around here renting an alfalfa field
costs more than a corn field, not less, so
conditions must be different where you are?

I guess I would want a 3 year lease with the
buyouts as mentioned, that should be pretty
easy to implement under your senerio.

--->Paul

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