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Cattle Boards
Grasses, Pastures & Hay
What would you do?
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<blockquote data-quote="K-SHIRES" data-source="post: 199168" data-attributes="member: 3624"><p>given your description of situation, Would cash rent on an annual only basis to farmer for corn or grain production. Hay production would require you to enter a longer commitment because 3-4 years needed for farmer to recoup investment.(i,e, ALfalfa )</p><p> This allows you more flexibility if your plans change. Also, if you are not satisfied with farmer's practices or whatever, you can move on to someone you get along with better. Hard to switch if you sign a 5 year lease.</p><p> You want to keep it in production to get use-value taxation credits in WI. Investing in grain machinery for only 80 acres very, very poor choice. There's a reason old combines are "cheap". They are the most expensive bargain you could ever find. Leave grain farming to grain farmers who spread their costs over many acres. As it is, they are so darn good at it they have overproduced to the point they have just about worked themselves out of a job. Do I sound opinionated? LOL.</p></blockquote><p></p>
[QUOTE="K-SHIRES, post: 199168, member: 3624"] given your description of situation, Would cash rent on an annual only basis to farmer for corn or grain production. Hay production would require you to enter a longer commitment because 3-4 years needed for farmer to recoup investment.(i,e, ALfalfa ) This allows you more flexibility if your plans change. Also, if you are not satisfied with farmer's practices or whatever, you can move on to someone you get along with better. Hard to switch if you sign a 5 year lease. You want to keep it in production to get use-value taxation credits in WI. Investing in grain machinery for only 80 acres very, very poor choice. There's a reason old combines are "cheap". They are the most expensive bargain you could ever find. Leave grain farming to grain farmers who spread their costs over many acres. As it is, they are so darn good at it they have overproduced to the point they have just about worked themselves out of a job. Do I sound opinionated? LOL. [/QUOTE]
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What would you do?
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