Posted 5/2/2021 12:39 (#8983267 - in reply to #8983116) Subject: RE: From young renter post from below
I have seen a base rent of X$ per acre [ for example $200 per acre with half in spring before planting half in fall before or after harvest ] then another payment based on yield or price or combination of those two factors if there are good numbers. One of the leases I saw used an average price of the grain at a local elevator on a certain day of the month for so many months prior to the harvest month [ say Feb thru Sept ] then multiply the bushel production to get a gross revenue per acre. If this works to the plus side of what possibly started out with a crop insurance number the Landlord shares in profits. Some what like the Landlord shares in a percentage on a cropshare arrangement Many Possibilities !!!