Rent

[mbdog]

Wakopa....I hear you..

[freewheat]

30 bucks per...

[Braveheart]

Rent is driven by supply and demand here. That's it. There are aggressive farmers wanting more acres and there are limited acres available. Higher rent values ration the land to those needing or willing to risk high rental rates.

ROI is a distant second.

[Hopperbin]

And then the auction sale.

[farmaholic]

Knock yourself out then. Free market.

[BTO_farmalll]

Wakopaie,

Yes We Know That Yous Sold yer Wheat Last Year fer $8.00, But Now We are in Reality Talkin 2015!!!!!! No Money in Wheat!!!!!!!!!!

[MBgrower]

Agree with braveheart, ROI isnt a factor. Usually younger guys spending dad's & grandpas hard earned equity.

[Braveheart]

Our rent run ups here started a few years ago when AgriStability margin calculations encouraged expansion. Now that teat has dried up, but demand for land is still higher than supply.

[vvalk]

Wakopa. Totally agree with your numbers but a tenant shouldn't make the same amount of money as a landlord when your talking good yields. Tenants take too much risk to be on equal footing during good crops

[BTO_farmalll]

Farm4Inputs,

Better Get Used To It Folks!!!!!!!! They Say The Trend is yer Friend, And The Trend Has Bin Sayin LandLords Have Bin Making The Same er Better Than Yous Since 07/08 Time Frame, And Has Only Gotten Worse!!!!!!!!! Like I Said!!!!!!!

Farm4Inputs,

If Yer Lucky!!!!!!!!!!