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  #1  
Old 06/27/07, 10:49 AM
Living the dream.
 
Join Date: Oct 2005
Location: Morganton, NC
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What are land lease rates/terms in your area?

Just courious about what types of arrangements are out there...please give as much detail as possible about land use, water use, chemical use, fencing arrangment, rainfall, profitability, ect..

Thank you.
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  #2  
Old 06/27/07, 10:56 AM
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Location: Near Traverse City Michigan
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the leasing Im familiar with is leasing ground to plant to crops. I have paid $25 per acre
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  #3  
Old 06/27/07, 02:10 PM
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Join Date: Sep 2004
Location: East-Central Ontario
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Rents vary from 0-$50/acre with averages of about 120 bushel corn, 40 bushel beans, 60 bushel winter wheat. Shortest is year to year, longest is 20 years with 17 left to go. Small fields get the lower rents, 50+ acre fields are worth more. None of our fields need fencing, there isn't much around here about water etc. but some are starting to have trouble with landlords that don't want any hunting done at all. With the amount of bear damage here we're having to write into the leases that we WILL have access to bait and hunt bears.
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  #4  
Old 06/27/07, 02:49 PM
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Join Date: Dec 2004
Location: WI
Posts: 1,245
I rent out 30 acres. No fences or water. Renter can grow any legal crop he chooses.

Charge $65/acre on a year to year agreement.

Profit is up to the renter.
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  #5  
Old 06/27/07, 03:04 PM
 
Join Date: May 2003
Location: Western WA
Posts: 2,285
We lease out 105 acres to a neighboring rancher. He runs cattle on it on and off. He pays us per cow/calf unit. He takes care of the fences and hauls in water as there is no well yet and only seasonal ponds. We don't make much money but the land is in ag. so the taxes are low.
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  #6  
Old 06/27/07, 04:45 PM
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Join Date: Apr 2007
Location: north-central Kansas
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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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Last edited by ksfarmer; 06/27/07 at 04:52 PM.
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  #7  
Old 06/27/07, 06:51 PM
 
Join Date: Jun 2006
Location: Kentucky
Posts: 2,341
There are tax advantages to crop share agreements, but cash up front is standard around here. Crop ground rents for anywhere from $85-125/acre. Virtually all expressly retain exclusive hunting rights with many renting those out as well up to $20/acre.
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  #8  
Old 06/27/07, 06:59 PM
Border Ruffian
 
Join Date: Nov 2003
Location: MN
Posts: 444
Cash rent here is between $150-$200 for crop land, one-year contract is still the norm, although some renters are asking for 2 and 3 year contracts. As said above, on cash rent, renter gets the government payments. Historically, grass seed costs shared 50-50. Contracts will also specify number of cuttings of hay one can take and whether one can take off corn stalks. I'm renting an 80 where I can't cut hay after September 1, can't take off any corn stalks, no corn-on-corn, and have to maintain the existing contours, strips and waterways. I have the right of first refusal if I want to rent it again next year.

Pasture ground here is between $50-$80/acre. Contracts will typically specify stocking rates, how long one can pasture, etc. Land-owner maintains fence unless otherwise specified.
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