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NE KS | I bought a farm from an older gentleman in late Feb. a half dozen years ago. I understood that he had verbal agreement with a nieghbor for 50/50 crop share (110 farmable acers). I turned into the landlord and got 50% of the crop. I was a begining farmer, and had loans on the farm. It would have been nice to have 100%, but I never thought they were even close to being a S.O.B. The next crop year I farmed it myself and everyone was freinds. In my opinion the farm would have brought the same money either way. I think if I were you I would farm it on shares with the new owner. Who knows could turn into a long term deal. Or just buy it. | |
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