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What would you do?
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<blockquote data-quote="TheLazyM" data-source="post: 199254" data-attributes="member: 3117"><p>Your right. i was'nt saying you had a bad idea, cause for some its a darn good idea. mitchwi seems to have a plan of using the land for their selfs soon in the future. i think 5-10 years down the line is really not that long. so it is my personaul believe that renting for 5- 10 years will be more than a pain in the butt than it would be of help. say 100 an acre thats still only $8000 a year over 10 years sure that would be $80000 and that would make a good starting point but at what price? i know if i was talking to mitchwi, about rent from them and they where talking only 5- 10 years i'd probally walk away. i dont know that i could resolve the money i put into the land in 5- 10 years.</p><p> i dont about in yall's area but row cropping is pretty good money. the guys around here cut about 100 bu an acre of corn. 65 bu of beans and 80 bu of wheat. yea some are more, thats the smallest numbers i've heard in awhile. this last harvest they where cutting 165-235 bu of corn an acre.</p><p> if you where to say 80 acres x 100bu x $1.95 = $15600 just off of corn. beans at around $5.00 a bu and wheat $3.50 it wont take long to get your money back and seems to make more sence{to me} to just go ahead and start farming it sence i was going to anyway.</p><p> i bet if someone where to run the numbers on hay they could show a pretty good penny off that 80 acres as well.</p></blockquote><p></p>
[QUOTE="TheLazyM, post: 199254, member: 3117"] Your right. i was'nt saying you had a bad idea, cause for some its a darn good idea. mitchwi seems to have a plan of using the land for their selfs soon in the future. i think 5-10 years down the line is really not that long. so it is my personaul believe that renting for 5- 10 years will be more than a pain in the butt than it would be of help. say 100 an acre thats still only $8000 a year over 10 years sure that would be $80000 and that would make a good starting point but at what price? i know if i was talking to mitchwi, about rent from them and they where talking only 5- 10 years i'd probally walk away. i dont know that i could resolve the money i put into the land in 5- 10 years. i dont about in yall's area but row cropping is pretty good money. the guys around here cut about 100 bu an acre of corn. 65 bu of beans and 80 bu of wheat. yea some are more, thats the smallest numbers i've heard in awhile. this last harvest they where cutting 165-235 bu of corn an acre. if you where to say 80 acres x 100bu x $1.95 = $15600 just off of corn. beans at around $5.00 a bu and wheat $3.50 it wont take long to get your money back and seems to make more sence{to me} to just go ahead and start farming it sence i was going to anyway. i bet if someone where to run the numbers on hay they could show a pretty good penny off that 80 acres as well. [/QUOTE]
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