Fair market value rent

[ado089]

$80 plus or 1/3 up here in the NW. It's just money, can't take it with you.

[SASKFARMER3]

No 130000 if that's the assessment on all 5 you should get 60 to 85.
But I would get references as some BTOs are smoke and mirrors.
We have one guy gets the land lords all the time, just saying.

[blackpowder]

1. No such thing as "fair".
2. "market value" says it all.
3. Most important for me would be longevity and honesty. All about relationships.
You must not live there if you have to ask.

[sumdumguy]

It's fine to hunt for top dollar, but how many pay up on time. Failure to do so should have a penalty clause with teeth built into the contract.

[sumdumguy]

It's fine to hunt for top dollar, but how many pay up on time. Failure to do so should have a penalty clause with teeth built into the contract.

[tweety]

Get paid on May 1, ask for 80 - 100$ an acre. Some idiot will always pay no matter what you ask.

Money up front. Or rent to another. Farmers will kill themselves to rent more, you may as well profit from it.

[Guest]

sure don't agree with you on that one tweety , 80-100 , I don't think is sustainable very long . I would go with a young farmer full of piss and vinegar in it for the long haul . and charge him 60 . I still get some satisfaction out of watching a young guy go . and he will treat your land like his own , and pay you for many years to come . just my opinion ,

[magnum]

According to Merle Good land rent is 18 to 22% of Gross Revenue
https://www.youtube.com/watch?v=4UDzKtWDwOw

[Guest]

$50- $60/ac real common in the NE. still some $45 /ac stuff kicking around . some new stuff higher than $60 . it's a lot of money if you're paying it every year . sad thing is you hafta rent the sloughs for the same money ., and the shit that's to wet to farm . already some high rollers forfeited on their rent . I would take something in the middle if it was me and to some young guy , not the bto paying top dollar who will tell you how much he WILL pay when the shit hits the fan real quick here

[hobbyfrmr]

Case IH, you have a point. What happened here is, generally speaking there is the "big" 7 or 8 farmers in 2 rms. this was a natural demographic shift because so many farmers were retiring or getting out of farming. Some had the courage to expand while others (thankfully, me) were like a deer in the headlights.
What happens is all the community social discussions are about the progressive large farms, while the small and mid size farms fall out of the limelight. They are basically forgotten/not considered by retirees.
This creates the ability for the large farms to renegotiate because there are fewer options to consider. Its pretty fascinating watching agri business play out. Presentation/posturing, new clean vehicles and machinery. Organized management, Teams of employees with a team leader and field supervisor. Websites, facebook, youtube. There is a lot of effort and management skills being applied to ag these days. When these titans wrap things up, there is going to be a big transfer of land to non-farming interests.