Land Rent is the insanity coming to an end?

[SASKFARMER3]

If he is a good neighbor and pays on time and doesn't jack you around trying to change stuff every time crop prices change and your not ready to sell it to him renew the lease reflecting today's prices compared to 2008, oh wait they were higher back then. So keep rent same.

[hedgehog]

i fail to see why the rent should rise.
fert is skyrocketing, so is fuel.
machinery is up up up. so is labour.
where is the extra rent to come from?

[Hopperbin]

Sask. he is actually working on 04 prices.

[rockpile]

Okay, here is the deal. Hopper, I feel for you. I have
a good friend who had the same thing happen to
him. Well over a year ago. It's still a shit show, even
though she got an exceptional settlement. But the
relatives and lawyer got involved and it seems like
they're out to destroy this guy. And she started the
whole thing! I hope you have family and a network
of friends to pull you through these times.
On the rent. They treat the land like it was their
own. They were awesome neighbours there to help
me whenever I needed it, like when I caught
pneumonia and couldn't finish harvest. I haven't
considered the tax angle, which I pay, but maybe I
should give it some thought. The bottom line is that
I'm willing to offer the same terms and conditions
that have been in place for the past 8 years. I have
other sources of income and have more of a tax
issue than income, so why be greedy, right? I firmly
believe that relationships are much rewarding than
$'s. Btw, there are others including Hutts willing to
pay way more, but I only take what I need. And
guess what - I'm happy!!!

[highwayman]

Very comendable rockpile. Hats off to you for seeing the value in a trusted renter. Have a landlord myself that thinks in the same terms as yourself.

[freewheat]

I never thought I'd say this, but I wish I
had more ROCKPILES around.

[Hopperbin]

Me tooooo Rock Piles are awesome

[ASRG]

In my area (central Alberta) most of the rental agreements are cash or based on 20 bu/acre of feed barley.
I am one of the few who still have a share deal with my renter and we both feel it works for us (over 20 years now). The deal is I get 1/3 of the crop(whatever it is) and I pay 1/3 of spray and fertilizer. He makes all decisions for inputs, crop, and marketing. I provide and maintain steel grainbins and occasionally put in some time helping out (not paid and not part of the deal).
Generally speaking it works out to that $80/acre average over the crop rotation (3 yr barley/CPS wheat 1 year canola).
I might do better on a cash rent(high production area)....but this works for me.

[wedino]

I'm signing with a new guy, 35% of crop proceeds after cash inputs & fuel. Tenant supplies labor & equipment. We look after taxes. Hard to get any more than $20 cash rent in this area.

[parsley]

Wedino is farming?

[wedino]

Pars, Landlord side of this deal.

[blackpowder]

Hats off to Rockpile for seeing the value in long-term deals with good people. I have some deals that are the same. They don't want to be bothered with anything and they trust me. In return I get reasonable rents in high margin years, and they get their cash no matter how poor the crop.
I dislike % deals in my area. I feel I need all the profit increase in high margin years to offset the greater number of low or negative years. 'Let a good hand run'.
Also it seemed no matter how I worked the % deal the landlord recieved a gaurenteed minimum = to a lower range cash amount in negative years anyway.
In my area that equated to a gaurenteed minimum of $40 in the worst year, to a highend of at least $150 in the best year.
Neither do I have to bin seperate (they have little or none).
20 bushels of feed bly is also a tempting agreement.