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| I rented a farm this spring that is indexed to CBOT. We set a starting date of April 1 with a starting price of Dec futures on that day. I think it was 2.50. Next April 1, 2007 we will look at Dec futures and index the rent accordingly. If prices go up 10%, my rent goes up 10%. We did this on a 5 year contract determined April 1 each year. Does that make it a April fool contract??
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Variable cash rent
