| 12/24/2010 8:44:28 AM |
Just out of curosity |
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amitool8
Oklahoma City, OK
age: 49
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I hope this isn't too bold but....
What does land lease for in your area? Grass land & crop land, is it leased at a different price per acre like most do here?
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| 12/24/2010 9:02:32 AM |
Just out of curosity |
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camperpaul
Zion, IL
age: 68 online now!
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I get 40% of the crop FOB the local elevator.
 
Merry Christmas
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| 12/24/2010 10:45:44 AM |
Just out of curosity |
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amitool8
Oklahoma City, OK
age: 49
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Does that include grass land or is it all crop?
I know a lot of land owners in this area also rent on a crop share basis. Not sure of what percentage though.
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| 12/24/2010 3:29:56 PM |
Just out of curosity |
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boughtback
Rock Rapids, IA
age: 52 online now!
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Cash rent is about $400.00 an acre. Share rent is 50\50 plus $25.00 an acre. Land is selling for $11900.00 to 14900.00 an acre. 
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| 12/24/2010 9:58:49 PM |
Just out of curosity |
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camperpaul
Zion, IL
age: 68 online now!
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Quote from amitool8:
Does that include grass land or is it all crop? I know a lot of land owners in this area also rent on a crop share basis. Not sure of what percentage though.
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All crop land...
With this year's yield, it figures out to over $500 per acre at yesterdays closing price on CBOT.
I actually have corn in storage at the elevator and I will sell it when it hits my target price.
I don't yet know my target price but I will know in about 4 weeks.
Merry Christmas
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| 12/25/2010 11:12:51 AM |
Just out of curosity |
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amitool8
Oklahoma City, OK
age: 49
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Wheat is the crop of choice around here, and last I heard the prices per bushel was not very high. I'm thinking that it's about every 5 or 7 years that the wheat usually has a very high yeild. It has always been too scary for me to do a crop share, between the droughts, floods, hail and whatever else could happen. Might be something I need to check into though.
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| 12/25/2010 6:21:52 PM |
Just out of curosity |
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coppermare
Grady, AL
age: 51
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Cash rent is about $400.00 an acre. Share rent is 50\50 plus $25.00 an acre. Land is selling for $11900.00 to 14900.00 an acre.
 Land sells for that??
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| 12/25/2010 7:16:09 PM |
Just out of curosity |
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amitool8
Oklahoma City, OK
age: 49
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I think it really depends on how many acres are purchased. The smaller the acreage the larger the price tag. I used to work for a home builder and lots that were barely big enough to put a house on depending on the addition were anywhere between 35K and 75K.
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| 12/25/2010 11:01:11 PM |
Just out of curosity |
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stargazzer
Creighton, NE
age: 62
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It vary's a lot but 60-40 is still a good standard for fair minded folks on farm land.
But a lot of peaple want all they can get and often do.
They also get new renters nearly every year also.
The 60-40 folks seem to stay together for years.
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| 12/26/2010 5:30:21 PM |
Just out of curosity |
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camperpaul
Zion, IL
age: 68 online now!
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Quote from stargazzer:
The 60-40 folks seem to stay together for years.
Yup - second generation...
Home is wherever I park my RV.
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Life is the journey, not the destination.
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