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Baldwin City, KS | I'm just looking for some different views on this subject. I farm in an area where the corn does usually around 100-110 and the beans do 35-40 in decent years. We usually have some pretty good dirt for KS if we get the rain. When I'm figuring what a piece of ground is worth for cash rent, I usually calculate what the landlord's share would have been if it were farmed on shares and adjust it to compensate for me having all of the risk. Is there another good way to figure cash rent? I just came up with this one. I've heard everything from 1$ per average bu. of corn that it will raise, to the usual local bid that never really got penciled out. I am well aware of the numerous factors that should influence a cash bid from soil type and fertility to you name it. How do you guys figure? | |
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How do you calculate a fair cash rent?
