Here in SWMO and in SEKS share rent has been 1/3rds-2/3rds since the beginning of mankind.The farm owner pays 1/3rd of the fertilizer and chemical.50-50 rent does not fly in this area.
If the corn makes 120 bu an acre at $4.00 per bushel the land owner should make about $90 per acre clear after paying his share of the fertilizer,chemical,and crop insurance.
If you cash rent it out,you will get $70 per acre at best.At least 2-3 out of 10 years will be poor here due to bad weather.That tends to hold rents down.I've only grown 2 decent soybean crops in the past 10 years.In 2007 the wheat made 18 bpa because of a freeze,disease,and too much rain.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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