Re: How much per acre can....

Posted by James22 on August 06, 2007 at 20:25:42 from (207.179.221.32):

In Reply to: Re: How much per acre can.... posted by georgeky on August 06, 2007 at 11:40:59:

George
I deserved to be slammed for that somewhat aggressive reply and respect that you had a good opening and didn't press the initative. I've just heard a lot of belly aching about high rents from farmers (not my tenant) that appear to live pretty extravagantly. I don't begrudge anyone making a decent living and honestly will buy more expensive USA products when possible rather than Eastern imports. The rallying motto should be to support the American worker as well as the American soldiers.
No doubt some rents are very high; eg, over 1500 acres near Springfield, Ill was rented out at over $300/acre for the next couple of years. But the farmer probably made future sales to cover his costs and no doubt it is some of the most productive land in the world. On-the-other-hand, I can remember not long ago receiving a mere pittance for the 200 acre family farm. The poor farm economy in the late 70's/early 80's decimated the local farming ranks, and the few remaing conspired to keep rents low and would not compete. In the late 90's we were offered $25/acre cash for ground which would consistantly produce 145 bu/acre and often over 160 bu/acre corn. Share rent wasn't any better, they charged $30/acre for combining your share and $.12 mile for hauling. Dad was unable to continue farming, and I was over 400 miles away. Even today this unbridled "highyway robbery" continues unchecked. This "sour" relationship does not abide here. I consider the tenant a friend, which is tough to manage in a markedly finanical relationship. The overriding goal is for all to equally prosper, and "we" have been pretty successful. The rent was established last September and he made a good profit last year and will do so again this year. I expect next year to share in this good fortune, providing current prices continue.

Replies:

• Re: How much per acre can.... georgeky 21:01:51 08/06/07 (2)
  • Re: How much per acre can.... James22 07:56:22 08/07/07 (1)
    • Re: How much per acre can.... georgeky 01:22:32 08/08/07 (0)

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