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SeMN | We rent from a couple that are lifetime farmers , that just retired. After 3 years of paying a fair rent on their property, the owner, ( who is very good with numbers) road with me in the cab last fall. He said he couldn’t see how we could make a profit, with high fertilizer prices , and low grain prices. We were averaging 235 bpa then , during harvest. He asked if it would be ok to lower our rent by 25.00 per acre ! I didn’t have to think very long on that . We do have a few owners on flex-leases that have only received the guaranteed minimum that last 2 years, that are ok with that so far. I know some will say that landowners should collect the highest possible rent for their area, that farmers will pay . But if you want the property well taken care of, and fertility maintained, it’s a lot easier for the farmer if there is some profit involved. | |
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I wish I had more landlords like this !
