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  1. #1
    New Member
    Join Date
    Apr 2009
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    14
    Location
    Fayetteville AR
    Tractor
    JD 6403

    Default Hay Lease

    I own about 400 acres and we have always had cattle but now we are wanting to lease the land to have someone else hay it. We don't have time to take care of it and dont want cattle. Im curious as to what the ongoing pricing maybe? Are they per acre? per bale? how much? Any help would be good.
    Thanks
    Kyle

  2. #2
    Gold Member
    Join Date
    Nov 2009
    Posts
    264
    Location
    Freeland, MD
    Tractor
    706 IH, 1066 IH, and 301A JD

    Default Re: Hay Lease

    I am located in Maryland, and I rent my ground on a little different basis. I pay my landlords a percentage of what I can sell the hay for. I provide all the equipment, labor, and materials to grow, harvest, and market the hay, and then pay the land lord 15% of what I sell it for. Seems to work out relatively fairly, figure 45 cents on every 3.00 bale. From a producer's point of view, this lets the landlord partake in good markets, but isolates me from high fixed rents in bad markets. Also we never argue over how many acres. I simply pay on how many I sell, and the higher the price the more the landlord gets. This idea does not force the producer to sell at the cheapest time of year just to pay the rent, but to get the higher rents the landlord has to wait for his money until the hay sells at the higher price times of the year. If a landlord wants a fixed rent either per acre or per bale I have to give much lower rates than if the landlord is willing to share some risk for the higher rents. In good years the percentage has gone as high as 120 an acre, a number I would never pay on a fixed basis. The highest I will pay around here for fixed rent is 60 an acre. Just one farmer's way of doing this that works well for me and my landlords.

  3. #3
    Veteran Member D7E's Avatar
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    May 2006
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    2,185
    Location
    manitoba
    Tractor
    Many

    Default Re: Hay Lease

    Before we made our own hay we did it several ways, Renting out the land per acre, Being payed per lb for the hay and the one that seemed to suit everyone best was a guy made the hay but left us 50% of the bales on the field and we stacked and sold our half our selves. particularly liked the last method as we got the hay baled in more valuable medium squares that would otherwise mean having a $45'000 baler and without the hastle of chasing farmers continously for money.
    We do it ourselves now as often guys could'nt manage the acreage and hay sometimes got spoiled.

  4. #4
    Gold Member
    Join Date
    Aug 2006
    Posts
    488
    Location
    TX

    Default Re: Hay Lease

    Typical down here is "half" and most, if not all, are variations of what Barry and Kyle wrote.

  5. #5
    Gold Member bill in ny's Avatar
    Join Date
    Feb 2008
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    287
    Location
    south central new york
    Tractor
    kubota m8540hdc12 jd 2305 jd 4005 jd 5055e

    Default Re: Hay Lease

    the land we lease for hay, we pay the owner $.30 a bale.

  6. #6
    Bronze Member Kessler Farms's Avatar
    Join Date
    Feb 2008
    Posts
    90
    Location
    Thurlow, KY
    Tractor
    1998 NH 7610S w/ BushHog 2846QT loader, 2007 JD 5403 w/ 185 Koyker loader, 1971 JD 1020, 1943 International Farmall Super A

    Default Re: Hay Lease

    Three of the farms I lease, I pay $20 per acre per year. The other farm I cut on shares... I get 3/4 of the hay to cut(1/4), rake(1/4), and roll(1/4) it.
    Family farming since 1792...

    1998 NH 7610S w/ BushHog 2846QT loader
    2007 JD 5403 2WD
    2008 JD 5403 MFWD w/ Koyker 185 loader
    2007 JD 5203 2WD
    1971 JD 1020 restored and still farming
    1943 International Farm-All Super A restored
    2007 JD Gator 620i XUV

  7. #7
    Elite Member Duffster's Avatar
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    Mar 2009
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    4,372
    Location
    Wisconsin

    Default Re: Hay Lease

    Wow you guys rent hay ground cheap.

    We rented out most of our third crop only last year for $90/acre.

    A full year would be in the $300 range.
    "If everyone is thinking alike, someone isn't thinking." George Patton

  8. #8
    Veteran Member D7E's Avatar
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    May 2006
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    2,185
    Location
    manitoba
    Tractor
    Many

    Default Re: Hay Lease

    Highest we could ever get for anual rent was $50 for new alfalfa/timothy leys, Another reason to hay it ourselves.
    We were going to break 200 acres back to grain but the way grain prices are i think we'l keep doing a bit of hay as "Something else" for a while.

  9. #9

    Default Re: Hay Lease

    We paid 25 an acre for just 2nd crop alfalfa.

  10. #10
    Super Member AKfish's Avatar
    Join Date
    Oct 2004
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    5,239
    Location
    Kasilof, Alaska
    Tractor
    JD 5075M; JD 110 TLB; JD 4720; Ford 9N; JD X300R

    Default Re: Hay Lease

    Quote Originally Posted by Duffster View Post
    Wow you guys rent hay ground cheap.

    We rented out most of our third crop only last year for $90/acre.

    A full year would be in the $300 range.
    So, 3 cutting's is the norm...? This is alfalfa ground? What is the term length of the rental agreement - 1yr, 3yr, 5yr?

    AKfish
    "Most people want to live on top of the mountain, but all the happiness and growth occurs while you're climbing it."

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