|
|
Joined: Jan 2003
Posts: 5,202
Campfire Tracker
|
Campfire Tracker
Joined: Jan 2003
Posts: 5,202 |
I lease part of mine for cash.
The farmer covers all expenses and gets all the crop profits/losses.
I get enough money to pay property taxes on all my property, including the portions not leased out.
If he wants to break the lease, he has to leave the property in the same condition it was when he started, which means all the ditches are mowed and all the fields mowed or disked and ready to plant
One shot, one kill........ It saves a lot of ammo!
|
|
|
|
|
Joined: May 2016
Posts: 60,115
Campfire Kahuna
|
|
Campfire Kahuna
Joined: May 2016
Posts: 60,115 |
There are some folks around that custom farm.
Not a bad way to do things. I have a neighbor who does custom hay work. He'll cut it, rake it, and bale it. He used to not charge all that much, and said he just did it to help out neighbors and to help defray the cost of his equipment. Then he started going up on his prices, and now he makes some pretty good money doing custom hay work. We used to get 10 bucks a bale and 12 dollars an acre.
I am MAGA.
|
|
|
|
|
Joined: Feb 2006
Posts: 43,813
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Feb 2006
Posts: 43,813 |
We lease a grand total of about 12 acres of crop land. Little field that is right next to us....
Landowner gets 1/3 of the crop, we get 2/3. Been that way for decades and it's pretty standard around here.
2017 I gave him a 30 pack of Busch light.
2019 I gave him a check for $621.
Usually it comes out to about $30-40 acre which is high for this area. Most cash leases are in the $25-30/acre range for dry land.
|
|
|
|
|
Joined: Jan 2018
Posts: 2,387
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2018
Posts: 2,387 |
Irrigated ground in our area rents between 400 and 1200 per acre. Spud ground is at the high end at 900 to 1200 per acre. Very few land owners in our area rent on a split basis.
In training to be an obedient master to my two labs
Shooting, fishing and hunting
|
|
|
|
|
Joined: Aug 2004
Posts: 69,552
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Aug 2004
Posts: 69,552 |
I lease 300+ acres to a friend of mine for grazing for $4k a year. (Mainly because that place is closer to him than me, and I don't want to drive 50 miles to check cows.) Maybe I ought to call him up and ask for 20% of his calf crop? Reckon he'd hang up on me?  Damn... That even cover taxes on the land? Yes. Agriculture taxes on that place are about $600 a year.
Molɔ̀ːn Labé Skýla!
|
|
|
|
|
Joined: Aug 2017
Posts: 1,120
Campfire Regular
|
|
Campfire Regular
Joined: Aug 2017
Posts: 1,120 |
1/3 to me, 2/3 to the farmer. Everything is split that way.
The cow is where you are, the bull is where you want to be.
No one gets something for nothing unless someone else got nothing for something.
|
|
|
|
|
Joined: Feb 2009
Posts: 11,908
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Feb 2009
Posts: 11,908 |
Been out hunting and have no phone signal.
Here it runs 75-25%,75 for the farmer and 25 for owner.
The owner pays 25% of the seed,fertilizer and weed killer cost.
The owner has the water well expenses from the top of the ground to bottom the renter has from there to the system.
System repairs come from the owner of same.
On a good year around here owner of 265 acres with maybe 230 under water makes about 30,000 off the cotton.
Other crops might make more or less.
|
|
|
|
|
Joined: Mar 2006
Posts: 1,561
Campfire Regular
|
|
Campfire Regular
Joined: Mar 2006
Posts: 1,561 |
I was getting $200/acre on my land in Ohio last year before selling it. That's about the going rate in Ohio where corn and soybeans are rotated. The amount probably depends on the crops grown and location.
|
|
|
|
|
Joined: Sep 2002
Posts: 2,960
Campfire Regular
|
|
Campfire Regular
Joined: Sep 2002
Posts: 2,960 |
Just rented 74 acres at $115 an acre in MO. Had been renting on 50/50 with each paying half the costs.
|
|
|
|
|
Joined: Apr 2009
Posts: 3,246
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2009
Posts: 3,246 |
Probably a.dumb question, but what is custom farming? I've never heard the term before.
Molɔ̀ːn Labé
Grandpa:the road to hell is paved with good intentions.
Dad:son you have 2 choices for supper eat or don't eat.
|
|
|
|
|
Joined: Nov 2016
Posts: 879
Campfire Regular
|
|
Campfire Regular
Joined: Nov 2016
Posts: 879 |
Cash rent here is from $200 to $300 an acre. It gets pretty competitive....
|
|
|
|
|
Joined: Nov 2015
Posts: 19,190
Campfire Ranger
|
|
Campfire Ranger
Joined: Nov 2015
Posts: 19,190 |
Probably a.dumb question, but what is custom farming? I've never heard the term before. I'll explain it this way........you own a farm, and you pay me so much an acre to farm it for you. You pay all the expenses, you get all the income, and you are paying me to do the work for you.
|
|
|
|
|
Joined: Aug 2004
Posts: 69,552
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Aug 2004
Posts: 69,552 |
Probably a.dumb question, but what is custom farming? I've never heard the term before. I'll explain it this way........you own a farm, and you pay me so much an acre to farm it for you. You pay all the expenses, you get all the income, and you are paying me to do the work for you. Yep. and plant and harvest what you want grown as well.
Molɔ̀ːn Labé Skýla!
|
|
|
|
|
Joined: Apr 2009
Posts: 3,246
Campfire Tracker
|
|
Campfire Tracker
Joined: Apr 2009
Posts: 3,246 |
Probably a.dumb question, but what is custom farming? I've never heard the term before. I'll explain it this way........you own a farm, and you pay me so much an acre to farm it for you. You pay all the expenses, you get all the income, and you are paying me to do the work for you. Thanks, I had not heard that term before today. Makes sense after you explained it.
Molɔ̀ːn Labé
Grandpa:the road to hell is paved with good intentions.
Dad:son you have 2 choices for supper eat or don't eat.
|
|
|
|
|
Joined: Jan 2004
Posts: 10,291
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jan 2004
Posts: 10,291 |
Probably a.dumb question, but what is custom farming? I've never heard the term before. I'll explain it this way........you own a farm, and you pay me so much an acre to farm it for you. You pay all the expenses, you get all the income, and you are paying me to do the work for you. Thanks, I had not heard that term before today. Makes sense after you explained it. You probably already had this figured out but James will be using his own machinery also.
Black Cows Matter!
|
|
|
|
Forums81
Topics1,190,221
Posts18,447,504
Members73,899
| |
Most Online11,491
Jul 7th, 2023
|
|
|
|
