jack707
Veteran Member
I rented a field to a local farmer in town I don't know how many acres it is but we agreed on 10 at 25.00 a acres. I should found out first before I rented it now my question is, is the rent by month or year?.
land is it by moth or year
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RobertBrown
Veteran Member
sond good to me. ten is mor then 25
I tink
I tink
smstonypoint
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Is it cropland? Pasture?
What county are you in?
The USDA reports average cash rents by county for cropland and pasture at USDA/NASS QuickStats Ad-hoc Query Tool. There is considerable variability within and across counties, but the Wisconsin 2014 averages were $135/acre/year for cropland and $34/acre/year for pasture.
Steve
Edit -- In my experience, the standard practice is to quote cash land rents in $/acre/year.
What county are you in?
The USDA reports average cash rents by county for cropland and pasture at USDA/NASS QuickStats Ad-hoc Query Tool. There is considerable variability within and across counties, but the Wisconsin 2014 averages were $135/acre/year for cropland and $34/acre/year for pasture.
Steve
Edit -- In my experience, the standard practice is to quote cash land rents in $/acre/year.
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OP
jack707
Veteran Member
Thanks
MossRoad
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When we rented ours out, it was by the acre per year.
