New to me, but %80/20 crop share rent?

I can not see that being worth doing on the farmer's standpoint.

When I was growing up in the 60s, crop share around here was 1/3, 2/3. Its since gone mostly to cash rent. Land here isn’t as productive as your area, but the bottom land is pretty good.

I'd love to be able to make 20% on money in the bank...

The standard rate here has usually been 75-25, with the farmer paying all input costs. About the only thing the landowner was responsible for was to keep the land limed, and even then I've seen that cost split. I once rented a farm on the 2/3-1/3 shares, with the landowner paying a third of the seed, fertilizer, and chemicals. 80-20 is new to me. Most of the land here is cash rented, and prices have come down some over the past few years. I'm somewhat lucky in that the neighbor that rents mine is still paying me the top dollar of a few years ago, but I also let him grow tobacco on the land and don't ask for extra. Most tobacco farmers who lease land have to pay at least double the corn and soybean rent price because tobacco is a crop that pulls a lot of nutrients out of the ground.

I was getting $200/acre on my land in Ohio last year before selling it.

Friends with land in Virginia get under $100/acre... low as $70 maybe IIRC.

Went 50/50 on hay once... it was a bad decision.

% crop rent is not something very common where I have owned land.

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?

Like Ole, I grew up in Ks on a farm and rent was 2/3 for farmer and 1/3 for the land owner. In some cases the land owner would pay 1/3 of fertilizer cost as it was in their best interest to do so, for improved yields. And if they didn’t pay their 1/3 some farmers would take enough harvest grain to cover the 1/3 fertilizer cost anyway.

That would be a pretty rent.


80% for the farmer would be pretty good.


66 and 75 percent are pretty common here. Just depends on the terms.

Which way Jim, I'm talking 80 to the land owner, 20 for the farmer.

Oh, my.


That aint gonna fly very well.

No way to make money at that rate!

I think somebody has it backward unless the landowner pays all expenses. I had land I let go at 2/3 and 1/3 for the fact there was no profit in it. If I was gonna go broke I wasn’t gonna work at it. Ed k

That's ridiculous........surely it's the other way around, or else the landowner is furnishing everything, except the labor.

You would do better than that custom farming the place.

Many moons ago, I knew a landowner who thought the farmer that was working his place was making too much money, so he decided he'd furnish everything, hire the farmer to do the work, and get all the money off the crop for himself. The farmer said that he liked the arrangement, because he made more money doing that then he did by working the place.

50/50 here in MD.

There are some folks around that custom farm.


Not a bad way to do things.

Damn... That even cover taxes on the land?

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.

I get $100 an acre
He pays me around the first of the year...makes for a great Christmas.

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

We used to get 10 bucks a bale and 12 dollars an acre.

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.

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.

Yes.

Agriculture taxes on that place are about $600 a year.

1/3 to me, 2/3 to the farmer. Everything is split that way.

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.

That's about the going rate in Ohio where corn and soybeans are rotated. The amount probably depends on the crops grown and location.

Just rented 74 acres at $115 an acre in MO. Had been renting on 50/50 with each paying half the costs.

Probably a.dumb question, but what is custom farming? I've never heard the term before.

Cash rent here is from $200 to $300 an acre. It gets pretty competitive....

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.

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.