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How to determine fair cash rent for cropland
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modirt View Drop Down
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Joined: 18 Jul 2018
Location: Missouri
Points: 9177 		Post Options Post Options   Thanks (0) Thanks(0)   Quote modirt Quote  Post ReplyReply Direct Link To This Post Topic: How to determine fair cash rent for cropland
    Posted: 13 hours 25 minutes ago at 11:57am
How does this sound.........three year average yield from crop insurance x three year average price from crop insurance (revenue plan basis), then 30% of whatever that number is? 

Or........what other methods are used? 
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plummerscarin View Drop Down
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Joined: 22 Jun 2015
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Points: 4138 		Post Options Post Options   Thanks (0) Thanks(0)   Quote plummerscarin Quote  Post ReplyReply Direct Link To This Post Posted: 13 hours 21 minutes ago at 12:01pm
If you search it, your ag extension office may have a site that posts averages in your area.
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Tbone95 View Drop Down
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Joined: 31 Aug 2012
Location: Michigan
Points: 12374 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Tbone95 Quote  Post ReplyReply Direct Link To This Post Posted: 12 hours 59 minutes ago at 12:23pm
Well, around here those numbers would end up being high rent. J/s.

What crops and rotation? 2 years of corn and one of beans is different than the other way around. Either way it sounds high for my area.

Edited by Tbone95 - 12 hours 57 minutes ago at 12:25pm
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dr p View Drop Down
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Joined: 24 Feb 2019
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Points: 1511 		Post Options Post Options   Thanks (0) Thanks(0)   Quote dr p Quote  Post ReplyReply Direct Link To This Post Posted: 6 hours 27 minutes ago at 6:55pm
That is a tough one. So many variables go into a lease but i like 25% as a start.
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AllisFreak MN View Drop Down
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Points: 1606 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisFreak MN Quote  Post ReplyReply Direct Link To This Post Posted: 5 hours 33 minutes ago at 7:49pm
Ask around the neighborhood to see what others are charging / paying?
'49 A-C WD, '51 A-C WD, '63 A-C D17 Series III, 1968 A-C One-Seventy, '82 A-C 6060, '75 A-C 7040, A-C #3 sickle mower, 2 A-C 701 wagons, '78 Gleaner M2
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