Cropland lease rates.
I had to laugh....rates for one year in the teens,
Then 30 to 40 an acre.
They have this idea of "equal equity"....they caculate
How much the land is worth vs the value of equipment.
That theory comes up with some interesting possibly.
If you have a farmer with older, used equipment,
He should pay more, than the fellow with brand
The theory never made sense to me, but then
Again, I never had new equipment...but should
The landlord pay for your equipment.
Interesting...the true rates were just about
Double the theory rates
Who Allows this third party into the process?
It’s between you , the land owner and legal council.
Ignore that drivel. Fairness differs by field and circumstance.
I have never heard of anyone basing their lease on a university survey or theory. It’s a business decision.
One day a lease is agreed to, and one day the lease is terminated. One should prepare for both days and spend his days seeing that the agreement works for both parties. Then be willing to terminate when it doesn’t.
Long term 2010 cut leases were great in 2010 thru 2016 - THEN reality sets in 2018 - 2019 - - -
EXPERT - a person who has a comprehensive and authoritative knowledge of or skill in a particular area - - -
Will Rodgers quote - Trickle Up Economics - The money was appropriated at the top , in hopes it would trickle down to the needy - Mr. Hoover didn't know money trickled up . Give it to the folks on the bottom and the folks at the top will have it before nightfall, anyhow . But at least it passed through the poor fellows hands .
Know day comparison = expert = consolidation + minimum wage + food assistance = BIG BLUE BOX shop center = food assistance ain't going away - - -