Oct 8th or Jan 8th????

[JDGreen]

Yes it will correct itself and my leases as well are all a flex type with a cash/cropshare combo.. Most leases in this ara however are still written at 1/3 2/3 with the landlord sharing some fert and chem costs and in some cases not sharing any costs.. Its ridiculous to say the least...

[haveapulse]

It has always been thus in our area:
you pay more than the land is really worth to rent or to buy, especially on prime land. In the real world, the prize generally goes to the highest bidder, (and thus far most farms have been getting bigger and it is hard to get bigger without outbidding or at the very least matching the highest bidder).

Seems to me the folk that really took advantage of the situation was not your neighbours outbidding you for land.

And, I expect given farmer demographics in 10 years in some areas a renter, a real live farmer to rent the land will come at a premium to landlords. However if the business remains profitable, the trend towards larger farms will excelerate. We should all hope for the latter.

We have snow here this morning. The green leaves are falling from the trees. This year weather will be a great equalizer.

[may-be]

IMHO I am glad we have farmers of all sizes. I get to by good used equipment and always have a sale for mine. I am also glad we have very good demand for land. What if I could not farm next year for health reasons?
One year I was talking to a farmer from ireland and asked him if he thought farming was better here? He said no contest. Said he could by land here and pay it off in his lifetime.

[furrowtickler]

In our area no matter who you are you will not pay for land in a lifetime at $1000 /ac, mother nature will send you home packin! But hey, fun for those who are selling right now.

[parsley]

"a real live farmer to rent the land will come at a premium to landlords"

That's for sure. Easier to be part of FT73 working group, or run as an MP, depending upon whether you like a long or short flight.

This area has a lot of young farmers, though. Does yours? pars

[may-be]

FT. Don't Know how productive your land is so I cannot agree or disagree.
I envy you parsley for haveing many young farmers in your area. Hope some of my neighbours kids come home after thier done spreading thier wings. Myself and a few other farmers here did not start till we were 24.

[seabass]

Try paying for $1900 acre land in a lifetime! Two sales this past year brought out the greed in all the locals. Like you say now every landlord in the area expects that. Ship might hit the fan this year. Poorer prices an lower yields with bring things back to reality. I hope!

[parsley]

I've been a landlord for over twenty years. Out of family dealing. Open workable contracts. No quarreling. No problems. Pars