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Nevada, Iowa | There are a lot of factors to consider and many ways to handle it. The first thing that came to my mind was a continuation of the thread above. Ask yourself this question: If you had signed a lease with this guy for 3 years @ 400+ an acre cash rent and inputs were record high and grain prices were sub cost of production levels, would he be willing to renegotiate the remaining two years of the lease at a rate low enough to let you make a profit? Then ask yourself if you would have to suggest a lower rent or would he have initiated the talk out of concern for you. Just a thought................... | |
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