land rent

[malta]

Burbert, I am so thankful not to live in your world. I would get very depressed always seeing the glass half empty and assuming the sky would fall. Just for your information the glass is always full. Half water, half air. The elimination of the mono[poly is unlikely to effect land prices. With freedom, wheat prices will increase, farmers will make more on their existing land and won't have to expand to make a good living.

[Klause]

Are you looking to retire, HB?


I'd offer $50... $55... would maybe go to $60 with the
storage...

[dubsy]

Burpfart please enlighten me on how the cwb's desmise is going to affect land prices?? You might be right it might raise land prices but I have a feeling thats not what you had in mind..

[Wheatking]

Avg gross per/acre is approx $300-325/acre at today's prices. Avg prices it would be probably be closer to 250-300/acre. Your avg costs to put the crop in the ground I am guessing are close to $200/acre not including land rent. I would assume you would want at least a 25% to 33% ROI. So that would be between $50-$66/acre for yourself. Rent should be between $40-$50.

You take all the risk with both price and production, I would think that would be a fair rent for both parties. But by those calculations most people would be paying way to much.

I wouldn't be surprised if most people haven't figured out what they should be paying for rent, they only know what the neighbour is paying so they will pay one dollar more. And i guarantee most investment companies buying land have no clue about the productive capacity of the land.

[grrrr]

35 canola
50 wheat
50 peas
People think that is the new normal and they base their numbers on it. True, in the Humboldt area, 3 of the last 4 years, those numbers were obtained, but can we expect those yields to continue? Not likely when you factor in a return to normal conditions. (early frost, too dry etc.) Some will pay the big bucks and get away with it. Fine. These are the ones that push the business of farming. But when tough times come, some of these same people are the first to be squeezed.

[northernfarmer]

Hey Hopperbin - if you are seriously considering renting out I would like to talk to you. How can I get in touch?

[Wheatking]

With the slight possibility of renting out land it really brings out the trolls. At least its not someone phoning the day of the funeral.

[northernfarmer]

Trolls? How is having an interest in renting land paramount to being a troll?

[Wheatking]

The guy never even said he wanted to rent out his land, just asking on prices. If you want to rent the land you must know who he is, not to hard to figure out from his previous posts. Why not ask him personally you land troll.

Maybe we could have an auction on agriville.

[northernfarmer]

Wow, I didn't know someone with the maturity level of pre-k could type on a computer. Does your mommy spell check for you?
I have better things to do with my life than cut down others on websites. Funny how some never seem to grow up...

[Hopperbin]

True is not for rent today. Just really interesting what is the offer as from accross the country. 60 dollars per acre is a breaking point use of all bins and grain dryer and bin fans klaus I hate you , kidding. My land may be up for rent very soon as I don't have young ones taking over so why bust my ass really. I am not that old really. Makes me wonder who is Wheat King?

[northernfarmer]

Sounds good. Wouldn't mind sitting down for a coffee anyways, to chat. I will even buy.
Your call.