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Land rental, how much?
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Posted by Tom in Mich on March 09, 2007 at 06:24:19 from (194.201.26.54):
I custom cut hay as a side job/hobby. We feed our 3 horses and my daughters 2 and sell the rest. Altogether we cut about 50 acres including our own. For the past few years I have been giving the neighbors whom own the land we cut on about 33% to 40% of the going value of the hay picked up off the field. Is this too much? Would I do better leasing the land? What is the average going rate of doing so? I would only use the land for hay, no crops. Tom
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