Prawn Farmer
Member
What is the most common farm ground cash rent agreement when there is a double crop involved?
Say there was a 2014 soybean crop followed by drilling winter wheat which will again be followed by a 2015 soybean crop in June. If it is farmed on shares, there would be landowner income for 2 crops in 2015. If a straight $$ per acre rent just one income to the land owner. So would cash rent be due twice on the ground 2015? The most common cash rent here is April-Novemeber.
Adding a couple more twist to this:
(1) the winter wheat crop prevents woodland access to logging by the land owner as skidders would rut up the ground.
(2)The ground was soil tested (NPK) with good results, except for Ph, and the renter will be spreading 1.5 tons of lime on the ground/acre at no cost to the landowner in exchange for 3 year first refusal of farming rights.
Say there was a 2014 soybean crop followed by drilling winter wheat which will again be followed by a 2015 soybean crop in June. If it is farmed on shares, there would be landowner income for 2 crops in 2015. If a straight $$ per acre rent just one income to the land owner. So would cash rent be due twice on the ground 2015? The most common cash rent here is April-Novemeber.
Adding a couple more twist to this:
(1) the winter wheat crop prevents woodland access to logging by the land owner as skidders would rut up the ground.
(2)The ground was soil tested (NPK) with good results, except for Ph, and the renter will be spreading 1.5 tons of lime on the ground/acre at no cost to the landowner in exchange for 3 year first refusal of farming rights.
