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Floyd County, Iowa | SamT - 2/4/2017 12:43
pwrcat - 2/4/2017 12:30
what is normally included on this share rent? Are seed or harvest costs normally shared?
The farmer going broke!
Disagree. Would like to find landlords that would go back to 50/50. Made more that way than cash rent.
To the OP- Landlord supplies the land, and half of the fertilizer (product only), seed, chemicals (product only).
Tenant supplies all labor, equipment, fuel, and any other costs to prepare seedbed, plant, fertilize, control weeds, raise the crop, harvest the crop, and deliver the landlord's half to market or storage facility determined in the lease.
Each party gets half of the crop, and supplies his own insurance (crop and otherwise).
Gov't payments as per lease negotiations, as well as any other negotiated terms (fence, tile, mowing ditches, etc).
Here, lime is prorated- tenant pays for his half of it, and if lease is terminated before the prorate period, landlord reimburses tenant for unused portion. | |
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50/50 crop share?
