
06/27/07, 04:45 PM
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Retired farmer-rancher
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Join Date: Apr 2007
Location: north-central Kansas
Posts: 2,897
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I have two different parcels of crop ground leased out. One is cash rent, renter plants what he wants and all expenses are his, also all crop income is his, including any gvt payments. I do specify that I keep all hunting rights. The other acerage is rented out on crop share, (40%-60%) the renter does all the work and I pay 40% of expenses such as fertilizer, and herbicides, He provides seed and equipment costs. I get 40% of any crops raised and 40% of any gvt payments. Some years the cost share is best, some the cash rent. Depends on how good a crop year it was.
Pasture here is usually cash,,based on either number of cattle or so much an acre. Pasture rent varies according to what is guaranteed, i.e. water , salt, head count, fences, length of season. you get the idea.
I'm sure all these figures and particulars will vary from one part of the country to another. What is common in Kansas may look a lot different in NC or Wisconsin or Arizona. Your local ag agent or extension agent should have information more specific to your area.
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* I'm supposed to respect my elders, but its getting harder and harder for me to find one. .*-
Last edited by ksfarmer; 06/27/07 at 04:52 PM.
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