land rent

Around hear in south central Minnesota land rent is $275-$325 and good land is still selling for around $7,500 acre

Rent here down to $240. and less IF you are lucky!---I hear of $400. BUT have no proof! Land in are running around $8,000 to $15,200. tops,---Offered ours for $14,500 with 2 turbines, and,----and, we still own the farm,--- so not sure land is really selling that well!!! thanks; ac fleet

60 to 350
Alfalfa ground is cheap this year
Some guys have dropped corn and bean ground 10 to 15 %

With the variability in crop yield and worse crop prices, I believe that without renegotiating cash rents after harvest the better arrangement is 50/50 crop share. I rent my farm out that way. I pay half the seed, fertilizer, and chemical costs, all the land taxes and utilities and my tenant supplies all the equipment, buys the inputs, does all the work, and delivers the corn to the elevator 4 miles away which splits it between us. I have to do the merchandising for my share and pay those bills. In great crop price years my return has been greater than I'd have dared ask for cash rent and in poor price years, my tenant and I are still making a little money.

I generally sell at least half of my anticipated crop with contracts for harvest delivery. In 2015 I sold 61% at an average price of $3.80 a bushel (corn) and held the rest until March paying storage and sold for about $3.50. In 2016, I sold 76% for an average of $3.745 and sold the rest the day after harvest for $3.07. So far there has been only one day where the cash price was higher than $3.07 enough to cover storage, plus an added percent drying and shrink. I have sold 14% of my anticipated 2017 crop for $3.56. I really want to average at least $3.80. Most expect futures prices to peak in June.

Gerald J.

Here in southern Illinois we do a 1/3 and 2/3. Our ground is respected by our renter and we both share in the risks and profits. Ryan

50/50 and no machinery payments/ repairs/ labor? I guess I'm on the wrong side of the game. Rent is going down here and I finally ended my last 3 year contract over $200. I have calculated and calculated but I still can't figure out how someone can pay $300-$400 cash rent with corn at $3.50?? Even at 300bpa average I couldn't make that work.

What's the rent worth for hay ground

  I just rented mine out.  dryland farm SE of lincoln NE.   I rented for 65%/35% and the only input i have is crop insurance.  If he can't make it; i will try 2/3-1/3 next.

Huge variance in our area, the vast majority is cash rent. Small 5 acre patches owned by citiots who cant afford to build or the taxes will take about anything to get somebody who is willing to farm around the driveway, yard barn and junk they have deposited on their "farm"  My renter has been offered several places for free just to keep the weeds knocked down.  From there it goes up well over $300  for well drained bottom ground in larger chunks.
I have had same cash rent tenant for over 25 years and am at $150 per acre. I have very good ground but it is in several smaller size fields or it would be $100 higher.

As an aside a local boy who made it big outside of farming blew onto the farming scene a few years ago with a wad of cash and raised the rent bar around the area considerably, very close to double (search Movers and Shuckers) As you might guess he was/is  a no good SOB at the local diners. He didnt have enough cash to support his poor farming and other spending habits and the farming operation went belly up last fall.  Funny thing is a lawyer who owned a pretty big chunk of acres in the valley was one of his land lords, rumored to be 1300 acres of crop land. And by the time the frenzy was over for the acres the good ole boy club had run the rent up to more than what the former "no good SOB" was paying,  I have heard anywhere from $300 to $340 per acre, now there is a new "no good SOB" in the valley.

I suppose it is partially because I am on the land owner side of it but my hackles go up when I read about greedy land owners being the blame for cast rents tha dont make financial sense.  I do know that owners get what the operators are willing to pay and not one red cent more and if operators are willing to rent on terms that allow the owner to farm out the lease each year to the highest bidder whos fault is that? I say if nobody bids that process will end. Personally I know of more operators who are screwing older or absent land owners out of $$$ than the other way around,,, That isnt going to get me a most popular person award on here but it is non the less factual.

Farm in Southern Illinois and is also 1/3 - 2/3 split/share. Seems to work out OK for us both. Only had two farmers operate on our farm since dad retired in 1985. Our current farmer is a BTO and I'm always amazed when they till, plant and spray the whole farm in 2 days.

ya' you thank there doing you right' you clean it up' do them right' so they can give it to someone else' user's is what it's called.

165 to 375 around here...I don't have any 165 or 375....200 is probably the average and at that we still can't make money

Lonn what's DNR

Oh. Simular stuff going on around here to. Just different names

Central to Western Maryland
Hay ground is 40 dollars
Rough crop ground 50 to 70

Good ground crop 70 to 100 maybe more under the right condition

We have limestone! And lots of it. We have roads like old forge because the steel companies had alot of farms in our area years ago. We also have many quarries. No till is the best thing that ever happened lol