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BA Deere
Honored Advisor

Rents coming down?

I was helping a buddy in his field and a fancy-schmancy car drove out, at lunch I asked him if that was his crop ins man.  He said it was a guy from a farm management agency that he rents a farm from.  I guess he didn`t terminate the lease nor did he receive a letter by Sept 1, so he assumed the lease would carry over 1 more year as is.  Well, the farm management guy cut his rent, a goodly amount too.  And I thought what he was paying was pretty reasonable before.  That`s pretty good, to have the rent cut like that right out of the blue. Do these farm managers know something?  Is the "canary" in farm country looking a little peaked?

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Honored Advisor

Re: Rents coming down?

Sounds like 100% of something beats nothing....
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