Posted 1/10/2019 06:02 (#7233963 - in reply to #7233780) Subject: RE: High dollar rent
In NE Iowa it likely could be a farm with history of livestock and often times the P&K are very high so can grow corn with only N. But if it takes 200-220 bu/acre to break even it likely isn't worth wearing out the equipment. But I don't doubt that the landlord has others willing to pay it. Every wants to be able to say they farm more acres. There are guys paying $350 per acre rent in my neighborhood for 45-60 CSR land. But it is always dairy farmers that have more cows than acres that are paying it. They have "excess" manure so little to no fertilizer needed. They usually plant it to corn every year and take it as silage. If they do combine any they bales every stalk they can for bedding.