Leasing some property

[BryanM]

I live in northwest ohio and am looking at leasing some farm ground for haying purposes. What do most people get cost wise to rent a field per acre? the fields I think are average fields. any input would help!

 

[zionview]

$55/acre in this area, depending on how close to the university the land is. Land closer is up to $200/acre.

 

[RobJ]

It all depends. At the weekend place some guys have some gigs planted and get half and half. A guy comes and cuts and bales it. They get half to sell and the baler gets the other half for free. The landowners pays for the seed, fertilizer, etc. This year they may not break even.

But the guy next to me is fixing up some old family property. He would let someone take all the hay for free just to upkeep the field (he has no tractor, cows, etc). He just wants a pretty field to look at.

 

[Grrrr]

Don't bother if you have to pay for it.

You will spend more than it will make you.

Just my opinion

 

[CornbeltKid]

$55/acre in this area, depending on how close to the university the land is. Land closer is up to $200/acre.

you're lucky, it topped $500/acre here

 

[Robert_in_NY]

Where I am I get land offered to me for haying all the time. If I wanted I could easily be haying 1000 acres a year off of land that doesn't cost me a dime. Most people around here are happy just to have someone maintain their land for them and with fuel prices like they are now it cost them a lot more to mow their fields so there are people begging for people to hay their land just to save themselves some money. Location doesn't matter here either.

However, good corn ground and such will bring in some income for the property owners. I do not rent ground but the last corn ground that I knew was rented went for $60/acre.

 

[Grrrr]

Where I am I get land offered to me for haying all the time. If I wanted I could easily be haying 1000 acres a year off of land that doesn't cost me a dime. Most people around here are happy just to have someone maintain their land for them and with fuel prices like they are now it cost them a lot more to mow their fields so there are people begging for people to hay their land just to save themselves some money. Location doesn't matter here either.

I think it is time for me to emigrate.

Maybe one day.

 

[AKfish]

It's been many years since I was close to leasing deals on farm ground. But, in those days, it was typically a 70-30 split between the landowner and the leasee.

All costs associated with production - seed, fertilizer, fuel, equipment expenses, etc. was the responsibility of the leasee.

All "capital costs" associated with production - fences and gates (repair or removal), drainage systems (repair or installation), taxes, buildings, etc. was the responsibility of the landowner.

Maybe that's changed... Of course, all things are negotiable and the landowner would typically make a deal on having the leasee perform "capital" related work on the rented ground for an increased share of the crop, etc.

AKfish

 

[schmism]

round these parts, tillable ground goes from $100 an acre up to about $350 if you have large plots (200+ acers all in one chunk)

there are plenty of people around hear looking for you to cut there hay on shairs... mostly small plots 3-10 acers.

 

[EddieWalker]

The local free classifieds newpaper always has hay fields that the owner will let you have for free if you will cut it. From what I'm told, it costs too much for them to bother with it, and they just want it cut.

Eddie