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Illinois | Not all landowners are after the biggest profit they can squeeze out of their tenant. Most here are very good to the farmer. Notice he used average numbers. Beating the average on actual gross dollars by marketing well and producing well can still earn a good profit for the farmer. This type of lease also forces farmers to manage their input dollars well.
Flex leases are very common here. Typically the multiplier is a .33 to .35 instead of .38. I have heard as high as .4 but that includes some lime, p and k with it. | |
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How do you work a flex rent?
