Posted by wildman from mo on February 25, 2008 at 17:24:44 from (199.117.161.62):
In Reply to: Cash crop rent posted by seia on February 25, 2008 at 12:47:15:
Not knowing the 5 year production ave. it's hard to judge but it sounds low.I pay $100 per acre on 26 acre's of fairly productive river bottom. Most of the 390 that I rent 1/3 landlord 2/3 for the operator an they pay the fertilizer for their share.This is the only fair way to do so no one get's shorted.Big crop big 1/3 small crop small 1/3 no crop no pay.The ground hog's around here will cut your throat to get an extra acre.Sounds like 75 way to cheap.I would pick the best farmer in my area rent to him on shares.Today's corn price is 5.31 in st.louis so 200.00 is probaly to low. $ Don't mean much if they don't take care of the land.Tell mom to check with her neighbor's see what other's are paying. Good luck
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