I'm looking for more land to rent and finally got a
bite. I went and looked at the land, crunched some
numbers, and figured out what I could pay based on
this years market and break even, figured that would
be a good thing to figure out then go from there.
What is bad, is you don't really know what the land is
capable of producing, don't have a crystal ball that
tells me next year crop or fertilizer priced, etc. So,
my question here is.... has anyone explored any
other rent options? Flexible rent interested me.
Share cropping maybe? What have you guys done
that works out for both parties?
bite. I went and looked at the land, crunched some
numbers, and figured out what I could pay based on
this years market and break even, figured that would
be a good thing to figure out then go from there.
What is bad, is you don't really know what the land is
capable of producing, don't have a crystal ball that
tells me next year crop or fertilizer priced, etc. So,
my question here is.... has anyone explored any
other rent options? Flexible rent interested me.
Share cropping maybe? What have you guys done
that works out for both parties?