Good luck Steve, does he want to keep this arrangement for 5 years time when canola could be 5.00 again? I would try to bump up his cash rent (or pay him in grain? Contract 15 bu/ac @ 15$=$225 gross. Let him pay for 1/2 the fert/chem/seed should net him around $75/ac. Good money for him and reasonable for you? (or 10 bu/ac depending on area etc.)
I much prefer cash rent (even when it was too wet to seed this year my landlords still got paid and I didnt have to listen about how if I had pulled out the plow last fall instead of this no-till everything would have been fine)
I much prefer cash rent (even when it was too wet to seed this year my landlords still got paid and I didnt have to listen about how if I had pulled out the plow last fall instead of this no-till everything would have been fine)
Comment