Land Rent is the insanity coming to an end?

[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.