Posted 12/27/2008 10:45 (#548134) Subject: center pivot irrigation rent
Odd pocket,Illinois
Renting a new farm for 09 that has center pivot irrigation and I'm trying to figure out a fair rent for the irrigation system.Farm is about 160 acres with 100 acres under irrigation.Landowner wants to do a crop share rent of 2/3's and 1/3.The system is 3 years old and the pump is electric.Landowner owen's pivot,pump and well.Any ideas are appreciated.THANKS