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Farm land rental for next year

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    #11
    I would take some of that land for $50.00 an acre some way less. I can make some money at that for all hard work. But at 100.00 acre or just less its a money loser. Let the pension fund find out what farming is really like.

    I believe guys have to adjust rent this year. next year looks tighter yet and if the fert and seed and chem don't drop plus fuel its going to get tighter yet.

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      #12
      Klaus if you could PM me his name and number I will contact him. I would prefer to rent to a young farmer.

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        #13
        Originally posted by farmaholic View Post
        Step up to the plate and swing for the fence Jake!
        A guy here had to "inform" me how many acres they were farming and they have more debt now than ever. My neighbor thinks he would be WAY better off farming less and doing a better job. In fact the neighbor said better management would make him more money on fewer acres than farming more acres.

        I should have asked the guy if he'd like to compare balance sheets, net worth statements and profit/loss statements......but nahhhh, let him think what he wants.
        Me rent land?? Ummmm.... no thanks.

        Only way I'd consider renting ANY land is if it was land touching what we own and we felt that was the only chance we'd have at buying it someday.

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          #14
          Wont be any change in rates here.

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            #15
            Originally posted by FarmerSmuck View Post
            Klaus if you could PM me his name and number I will contact him. I would prefer to rent to a young farmer.
            Done!

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              #16
              70 yr old very good farmer retiring here. Good land, very clean, surrounded by the biggest and the best farmers in 3 RM's. RB land lease auction, its going to be a clash of the titans on this property. If the canola and lentil crops come off in good shape I predict $100/acre possibly more. Its going to be worth watching.

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                #17
                "Watching"..... won't you be participating hobby?

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                  #18
                  Not that property! That is waaay to valuable for me to run over. High rent and three years selling transition grain into the conventional market wiuld be the death of me!
                  I have been lucky, people approach me to farm their less desireable farms. Lower assesment, bushes and smaller fields. So far everyone is satisfied with the rent. It has been a decade of learning but so far I am still kicking around.

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                    #19
                    Crap, if we could grow lentils here, god knows where the rent would be. $100 now.

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                      #20
                      There are lentil crops on good land that won't gross 100 bucks an acre this year.

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