Mar 9, 2023 | 09:32
1
What's the going rates for pasture rents these days?. Since we got out of cattle we have rented out our pasture lands, we provide bundles of posts as requested for fence repair but do no fixing ourselves. I know the fence upkeep has value, but what's others paying for something like this? We haven't raised renting in a long long time and want to be reasonable.
Mar 9, 2023 | 13:44
2
What is far more important is to get the right tenant that knows when to stop having their animals graze it. Do you have one of them? I find that factor can go a long way to accepting a steady, marginal income off marginal, one use land.
What is far more important is to get the right tenant that knows when to stop having their animals graze it. Do you have one of them? I find that factor can go a long way to accepting a steady, marginal income off marginal, one use land.
Otherwise, it can feed nature's herd.
Yes been that way for the 20 years and I can work up most of it and grow an "0k" crop if its managed right.
I am looking for what others are paying. Got 2 other cow herds right beside the land too.
Yes been that way for the 20 years and I can work up most of it and grow an "0k" crop if its managed right.
I am looking for what others are paying. Got 2 other cow herds right beside the land too.
I believe you have the right answer, as it is not one use land that you have. Even though mine is equivalent topsoil, heavy clay like the level(ish) cultivatable land on the flat, the slopes are beyond steep. Ergo, animal use.
So, would you be happy with oil field rental formula increases over a three year term. They amount to 16.6%.
I guess I would never know what is tolerable, if I never asked the people that love their livestock that chew on my property. People do come and go even at $25/acre.
Mar 19, 2023 | 10:26
5
One point of view.
If you can make a $100 / acre profit from a crop (after all expenses, including opportunity costs). That is what I would expect as rent. If the land is not suited to a crop, then a benchmark of Animal Units per acre would be developed (based on local values and knowledge of the land / history).
Maintenance of the fence is to the benefit of the renter. You don't need a fence to produce a crop. All maintenance costs for the fence would be paid by the renter.
There are a lot of details required for use and care of the land, those should be included in the lease contract. That would be a business focused decision.
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Originally Posted by checking
