Renting Hay Ground on Shares ?

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Stocker Steve

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The grain gurus think prices have bottomed and we are on an upward trend. Who knows...

Meanwhile back at the farm - - some land owners are tired of showing a loss on Sch F and are running out of cash. So, they are looking for renters. What would you propose for shares on hay ground that yields 1 to 2 tons per acre w/o fertilizer?
 

kilroy60

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Land owner will spray and fertilize the land and the renter has to cut and roll. Renter pays land owner $11.00 per roll per cutting.
 

dcarp

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I'm leasing some hay fields here in SE TX. I pay $20 per acre for a year lease. I pay for weed spray, fertilizer and I do all the haying work. I keep 100% of what hay I produce. Amount may vary but that's a typical lease in this area. Most land owners that are not into cattle or crops just want a lease to keep the ag tax exemption. Taxes on 7 acres without ag exemption are higher than 100 acres with ag exemption.
 

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