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Black Hawk Co IA | Have a flex rent farm that uses local cash price and actual yield to determine rent, with a base floor amount. Landlord and I were talking and topic of the next round of government payments came up. He made the comment that the government payments will “keep cash prices” down, effecting what he gets for rent while actually increasing my total revenue on the farm.
I don’t think he is looking for a cut of the program payments, but it is an interesting observation. | |
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Flex Rent vs Govt Payments
