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How to determine fair cash rent for cropland
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modirt View Drop Down
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Joined: 18 Jul 2018
Location: Missouri
Points: 9176 		Post Options Post Options   Thanks (0) Thanks(0)   Quote modirt Quote  Post ReplyReply Direct Link To This Post Topic: How to determine fair cash rent for cropland
    Posted: 1 hour 19 minutes ago at 11:57am
How does this sound.........three year average yield from crop insurance x three year average price from crop insurance (revenue plan basis), then 30% of whatever that number is? 

Or........what other methods are used? 
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plummerscarin View Drop Down
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Joined: 22 Jun 2015
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Points: 4137 		Post Options Post Options   Thanks (0) Thanks(0)   Quote plummerscarin Quote  Post ReplyReply Direct Link To This Post Posted: 1 hour 15 minutes ago at 12:01pm
If you search it, your ag extension office may have a site that posts averages in your area.
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Tbone95 View Drop Down
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Points: 12372 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Tbone95 Quote  Post ReplyReply Direct Link To This Post Posted: 53 minutes ago at 12:23pm
Well, around here those numbers would end up being high rent. J/s.

What crops and rotation? 2 years of corn and one of beans is different than the other way around. Either way it sounds high for my area.

Edited by Tbone95 - 51 minutes ago at 12:25pm
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