Farm Equipment - Crop land cash rent

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Crop land cash rent

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Topic: Crop land cash rent

Posted By: JoeO(CMO)
Subject: Crop land cash rent
Date Posted: 14 Feb 2011 at 6:49pm

Is there a formula for figuring a fair cash rent on good terraced gently rolling crop land located on good road?

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Replies:

Posted By: Brian Jasper co. Ia
Date Posted: 14 Feb 2011 at 6:51pm

You might try Farm Bureau's web site. I checked once for my area. If I remember correctly they claim that their rates are an average for any given area.

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"Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian." Henry Ford

Posted By: John (C-IL)
Date Posted: 14 Feb 2011 at 8:55pm

Well, you can take the 5 year average yield times the market price you are using and divide by 3. i.e. one third of gross revenue.

The other way is to take 5% of land value.