$500 cash rents?

[kraft-t]

Do you really think there are many iowa farms that qualify for $500 cash rents and what percentage would fall in that category? 1%  5%  10%  & more?

I would be surprised if any acres in the 50577 zip code would meet that objective and i suspect there are quite a few farms that fall in the 80 CSR or nearly that.

[Shaggy98]

I'll rent every acre I own for $350 cash rent, but that is for today and today only, tomorrow it is back to regular price.  Kind of my own little Xmas special. 

[SideHill3X]

In Lancaster County, Pennsylvania a 40 year tennant lost ground because they would not match a $600+/acre bid. I know of a $627 at another location.

[Shaggy98]

Ok, $345 but that is my last offer and I mean it.

[kyu2852570]

Let's say it rains and a guy raises 200 bu corn and gets a chance at $7 on a 50/50 rent the landlord is gonna be close if not possibly over $500/acre net before any taxes. All ifs but u can end up giving your landlord $500 plus in an environment like that. Around here where land is selling at $13k per acre the landlords that aren't getting much rent are the ones that are selling

[Hobbyfarmer]

I live south of Hwy 92 here in Ioway and was offered $300 cash up front two years ago to keep my machinery parked and I know I would be afraid to to only want $400+ right now.

I would bet there is some kamikaze BTO that would snap it up. Maybe even some one in the local area. The real problem right now would be "why would I want to take a cut in income and do that"?

[rayjenkins]

hearing that one or two outfits out of Minnesota have blown into SC Iowa this fall with $400+ rent offers and have lined up over 5,000 acres...should make life interesting in the neighborhood...

[rswfarms]

Well, you can make alot more money than $500/acre if you Custom Farm your land. As much as $200+/acre more than a $500/acre cash rent lease. 220bu*$6= $1,320/acre in corn sales.- $575 in costs=$745

[Hobbyfarmer]

[rswfarms]

You seem to have a large disliking of my posts Hobbyfarmer. Why is that? My labor, equipment, and fuel ran $150/acre in the wages I pay my Custom Guys. I am giving them a $10/acre raise in 2013 to $160/acre because they do an excellent job at farming for me. So I will pay them over $250,000 in 2013.