Originally posted by goalieguy847
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Crop Share vs Cash Rent
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Originally posted by poorboy View PostAny decent farm should be able to work out a crop share on 6 quarters. The reason they want cash rent is because it is cheaper for them.
Might be time for a new renter.
Or pay to get it custom farmed
The problem with share crop is that it’s too expensive for the farmer
Our expenses went up 35-100% on everything!
Your taxes might of went up 5-10%
Yet your income as share crop income has doubled or tripledLast edited by Guest; Sep 15, 2022, 06:54.
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Originally posted by blackpowder View PostU haven't lived as a sharecropper until you use his 20 bpa 1200 bushel bins and scrambled to find seperate homes or better, bag it at your full expense for the rest. For someone who hasn't spent one dime in decades.
One guy I almost put a 10,000 b pile on his lawn. I literally had no where else.
Go get your own one ton and Scoop a Second.
Stay current or stay home.
Calling someone a sharecropper is an insult.
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A young lad down the road I talked too just picked up 3 1/4 "s from a 80 year old. He had not received any rent money the last 3 years and was just looking to get enough to cover his living expense.
There is likely a reason some of the old boys have to park in the field during harvest. But if you park behind the new service truck and other shinny trucks at the end of the field nobody will see you anyway.
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My landlords, who rent their land to an STO, receive rent in advance of the season. My advice to the OP would be to do something similar as in find a smaller op that can accommodate your needs. The BTO has stated that your land is not that important to them so they can be spared the hassle. I will grant that watching X9's harvest your crop is much cooler than the older machine that I use. Got some good crop this year so planning an upgrade but will not be to an X9. To the 80 year old that did not get rent for a few years, maybe it is time to sell? 5% on a GIC beats that.Last edited by ajl; Sep 15, 2022, 08:28.
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The best crop share / cash rent deal we did was fair for both . 1/2 the going cash rent on similar land and 10% crop share.
They get a guaranteed amount to cover tax’s and more, while we did not give up way to much in excessive crop share so we could still cover expenses on our side with less risk
But very few want to be bothered with thinking differently
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furrow.
And after several years, how did it compare to cash??
Fair to both usually means close to going rate cash.
U have a rare landowner.
That arrangement here, would be $160 + . Again right on top cash.
Long term deals redone every so often are at max $110.
You're going to need that $50Last edited by blackpowder; Sep 15, 2022, 08:34.
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Originally posted by blackpowder View Postfurrow.
And after several years, how did it compare to cash??
Fair to both usually means close to going rate cash.
U have a rare landowner.
That arrangement here, would be $160 + . Again right on top cash.
Long term deals redone every so often are at max $110.
You're going to need that $50
Now it mostly cash , some crop share left .
Yup on good years close to cash , but risk is less
We have not had many good years heat lately
This year decent yes .
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