Help with 100 Acres

jbooth · Nov 3, 2010

Duffster said:
Ya it is $300 locally.

Boy, I would jump all over that $300 an acre.

Duffster · Nov 3, 2010

jbooth said:
How do rent costs and tenant/land owner splits go in your area?

I don't think there are many deals beside just cash rent but it would seem that 1/2's would be about right.

Duffster · Nov 3, 2010

smstonypoint said:
What are the average corn and soybean yields in your neck of the woods?

Steve

200+ and ~65. Of course this depends on the amount of inputs.

texasjohn · Nov 3, 2010

Wow, what a thread.

Superb comments, advise and information. I agree with almost everything said so far.

My only question would be.... is the property fenced? If so, you could plant grass, lease it out to someone with cows. Turn in about 30-40 cows and flash graze it down, then let it grow again for couple of months, depending on growing conditions, then graze it down again.

Around here, there are quite a few people who would have portable pens, trailers, etc. and be willing to move cows in, graze an area down, then pull them out.

TripleR · Nov 3, 2010

We have people standing in line to rent our land. We cash rent while my mother does the percentage. Cash rent can get close to $200 from what I hear, no one really likes to advertise what they get/pay for fear of competition I guess.

River Hill · Nov 4, 2010

jbooth said:
Been following this thread and wanted to be involved but have some questions.

1. How many and what kind of dogs need 100 acres to run on?

2. Can you just use the perimeter for the dogs to run?

100 acres of beans at 25 bushel to the acre and at present $11.50 a bushel will net around $9000.00 for just your landowner 1/3 share. Don't believe you would have trouble with a tenant not taking care of that possible investment/profit possibilty. This year we had beans that made 52 bushels to the acre which would have raised your $9000 to $18000. At this money, you can afford taller dogs that can run in the beans. I have no idea what land sells for in MD., but am guessing its high. Possibly cash flow is not an issue with you.
I also had trail hounds and bird dogs until the last few years. 100 acres would have been good for them to run on but once they were turned loose, the trailhounds picked which 100 acres they were going to run on. Bird dogs were easier to manage.

My wife and I bought 130 acres a few years ago and she recently inherited about 500 more. I have been around farms and farm equipment all my life and would not even consider making the investment in time and money to take care of it myself.

Yes need the whole 100 acres for the dogs to run. I will be doing a great deal of retriever training on the property with many retrieves over 400 plus yards.

Well the deal fell through on the land today, but I have learned a great deal. When I do find the right property again, I have a much better game plan and idea of what I am getting into.