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Ne Nebraska | I've thought long and hard for a fair way to have a flex lease work and be fair to all. Never done this or seen it done but would like others opinions.
To figure the cash rent you take the aph x spring insurance price. Then take that x 30%. If fall price is higher it will be paid as a bonus. If lower rent is based on spring price only. Could use an Olympic average over last five years possibly too instead of aph maybe.
Example this year:
200bu aph x $4.62 = $924
$924 x 30% = $277 rent.
If you were a landowner would this seem fair to you?
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Flex lease
