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| I'm looking to purchase irrigated land in Oklahoma or Texas panhandle. I've looked at a number of tracts already. I've heard a wide range of cash rent rates from different people for the same soil and water. What would be the most common cash rent for 320 acres of average soil with two 1/4 mile pivots and 600gpm total from two wells? 750gpm from 2 wells? Also what is most common crop share under these same conditions and what is the landowner responsible for? | |
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