Posted 1/5/2019 13:13 (#7222172 - in reply to #7219753) Subject: RE: cash rent with a little extra
NW IL, Mercer County
I would say that maybe a 2/3-1/3 arrangement should satisfy that. My Dad and I do that. We use the average of the fall/spring crop insurance prices minus local basis. Multiply that by actual production. You will have to decide whether to give them 1/3 of the bushels to do what they want with or use the above formula to pay them rent.