Posted by paul on January 14, 2011 at 20:11:10 from (66.44.132.120):
In Reply to: farm ground rent posted by hd6gtom on January 14, 2011 at 17:06:47:
It so depends on the actual land, what soil test it has, well tiled, good access, nice open rectangles, no tree shade, and so forth.
Here in southern MN, I hear of $175, and I hear of $305, and I hear real silly rumors of near $400. And I know a few that are at $145. But those highs and lows are kinda different, not something to compare to.
I believe average last year for my county was just in a flier I looked through, $182. I'm sure $200 will be average next year, it certainly is not going down....
This is 175-200 bu corn land, and sells for $4500-6700 an acre at recient land sales.
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