Does anyone care to disclose what they receive for renting their farm land. I'm working on a new contract for renting land I have, for farming, and was curious as to what people are getting.

$30/ac here but that won't help you in OH.

Around this area believe the landowners are getting about $250/acre per season for silage corn. They'll charge more for produce crops. This is in western NC.

Boy, $30 aint much. Right now I have been offered $209 a acre, plus hunting rights(deer, squirrel and mushroom hunting), on land, about 25 acres, the farmer owns, right across the road from my house.

Hill ground? Terraced? Size of field?

73, flatter than flat acres, in Northern Ohio.

around here there's lots of ways to rent. some guys do it on shares. splitting cost of production, money for crop, subsidies and or insurance. some guys do a flat rate cash rent, some work on a percentage of crop price only. pasture is usually rented on a flat per head basis with grazing months part of the agreement. hay ground is usually done with the landowner getting a percentage of bales with no expense other than property taxes. sometimes they split fertilizer costs

I get $15 an acre for pasture with a gentleman's agreement on how many cow/calf pairs he can have on it. He also, takes care of spraying musthistle (sp?). On the farmland which is dryland I get $40 dollars an acre. But this is totally different soil and growing capacity than Ohio.

Here in SE Nebraska where there is water for irrigation there was some land cash rented for $525 an acre. That was the extreme top. The kid that paid that much had to give up a bunch of the high dollar rent a couple years back. I would say that most irrigated fairly good ground around here probably goes for around $300 an acre .... some maybe for $250..... some maybe for $325- $350. Dryland ground that's good ground probably goes for $125 up to $180.... + or - some. Hilly and rocky dryland I would think may bring $80...... to $125. All depends on the land lord willing to work with the renter or how greedy the renter wants to be an get about every acre he can. The county extension agents around here have some guides and worksheets with land rent values to try to help the bankers and landowners and renters figure out what might be fair to all. Seems like the days of a handshake and a Gentlemans agreement are getting to be a thing of the past more and more......Kinda sad.

Is that per month?

$50 / acre...adding in hunting and the price skyrockets.

$175.00 to $250.00 per acre for crop fields here in southeast PA.

man i'm shocked at the prices they pay around the country.

As you can see by the responses above it is very dependent on where you live. Here in western Kansas 30-50/ac on dry land & 80-150 on irrigated. Things change as you go east and the rainfall increases. 60 miles east of me they get 4” more rain per year then we do so cash rent is higher. You can look up local cash rent rates online, and get a good idea of what’s fair. I only cash rent 15 acres out of the 3000 I rent. Cash rent is a guarantee no matter what happens to the markets or the weather. I like crop shares 2/3 for me & 1/3 for you personally. It keeps me on my toes as a producer to treat the land like it was mine, because when harvest rolls around your rent is depending on how good I’m farming your ground, but it can kick us both in the butt if it doesn’t rain and prices are low.

Around me in western PA it's $20-$30. I heard there was a guy paying $100 and stealing ground from everyone else but he couldn't make enough profit to continue to pay that and the old renters were so mad at the owners they will not rent off them anymore. I don't see how you could profit much at $250.

$400 an acre for alfalfa, potato ground can fetch $600

Friend told me he got $950 per acre for solar cells. Pays better than working the land. Eastern NC.

Charles that's becoming more popular in our area. I believe it's a long term lease though, 20-25 years. Biltmore has a big one going there off I40 at the French Broad bridge.

I work with a guy that's from western NY. He owns around a hundred tillable acres. $500/acre for ethanol corn. He claims land owners are cutting woods down and dozing into corn fields a lot.

Man, Id love to know the CSR rating on your ground, give me a better idea of its rental value.

You said flatter than flat, does it have drainage issues or is it pattern tiled?

Have you considered a “flex lease” with your tenant, that you set a base amount and depending on price/yield you receive a percentage of gross income per acre.

Nick is right. Need more info. Not all soil is created equal, thus won't produce the same.

In the end, it's like selling land. It's only worth what someone is willing to pay.

I have to go get my granddaughter and get her to school at 9:00. after that I'll supply what information I can. I'm not a farmer, so I don't know some of the stuff farmers know.

I would be suspect of that guys numbers. You can't pay 500 a acre to grow corn at the prices we have had for the last several years. Most land here in my area of WNY is renting between 125 and 250 per acre. It very much depends on location. If it is very close to a big farm that needs more land it will be much more than land that is a little farther away. I do know that the canning factory in the area has been contracting good carrot growing land for 700-1000 per acre.

Your friend is absolutely right in his report of woods being knocked down. Its ben rampant in this area for about 3 years now. I know of one farm with a contract to clear about 1000 acres.

We on here cant tell you. The land owners around you with equivalent land types, can.

Sully, ask neighbors. Like most questions posed on the ethernet, inundation ensues. You can google ave. rents for each state in the union. As an Ohio farmer I'd be all over it for $115 and pushing a pencil at $200+. I will add and ask you not to be greedy. Leave a lil room for the farmer.

exactly

The land I have is in, what is called, the C.A.U.V. Program. Which is Current Agriculture Use Value.
It is taxed at a lower rate because it is being use for agriculture. Land values are based on soil type which can vary on a single piece of ground. In my case of 77 acres, I can have several different soil types. I don't know what types of soil I have. Land values are also based on what crop yields the land has produced and I don't know what the yields have been, on the land I have.

This is all public record at the auditors office so there are no secrets here. My taxes were $412.oo in 2008. In 2009 the taxes went to $967.00. There was a meeting telling us that yields were up, so taxes went up, more than doubling. In 2012 the taxes went up to $2185. Once again because of increased yields and because of increased yield the land value was increasing. In 2015 the taxes went up to $4912.oo. Again because of increased yields and increased land values.

So, in a 7 year period my taxes went up more than 1000%. I signed a 6 year lease after the first increase, having no idea that the taxes were going to keep doubling every three years. I really took a beating on the income that was being generated, because of the taxes I was paying.

The whole thing is tiled so drainage is not a problem. I talked to the person who owns 160 acres right next to me and she is getting $150 an acre. I have gotten a pretty good increase in rent but the taxes have also increased tremendously.

This is the first new lease since taxes went so high so I am trying to do the best I can to recoup what has been a dismal income stream from the land.

Nothing like getting permission to use, and paying rent on, something you "own".

There is a lot of things to consider when talking about rental rates. I understand how taxes have increased but commodity prices are not what they where a few years ago. In my area rents on agricultural land can be as little as 100 dollars per acre up to 350 dollars per acre. Fertilizer prices and chemical prices have not got much cheaper compared to grain prices. Location and accessibility can in fact play a big part in rental rates.

Can you take the land out of CAUV now and get your taxes back down if the farming stops?That is unreal the way the taxes are going up.Are you looking at another 6 year contract?

Around here cash rent farm ground has going for $200 to $300 per acre with $200 to $245 being the most popular. I rent mine on a 50/50 basis. The farmer pays half of the expenses & I pay half. At harvest the grain is sold the same way. I own the ground, pay the taxes, etc. & the farmer furnishes the labor, fuel, & equipment.

The USDA NASS does this survey nationwide every year or so. Contact your county extension office as they will have this info on a county basis. The numbers are typically a bit below the average currently being paid but it is a good starting base point to go from.
Around here, soil type, location, field size are key factors. Your soil types are entered into a county soil system and there will be a yield potential based on the characteristics that your soil types have. Tiled land goes for more also. If your acres are in the farm program adds value also. You can also put it out for bid to see what the farmers are willing to pay.

Bryce

Oh boy, Ohio rent paying farmer here. It's not that complicated everybody. Sully, your neighbor has the answer where you need to be around.

I own 44 acres and I let my neighbor farm it for free. The only compensation I get Is he mows my field s off at the end of summer.

If you trust your farmer you should ask him what he is willing to pay to make both parties profit if weather permits

First thing to remember you are in the land renting business not farming if you are cash renting your land , then get as much info from neighbors as possible and start high and work down from there. Easy peasy. Next thing to know is we all struggle every year we set contracts . We rent on a March to Nov contract each year .

No I had not. That sounds like something that would be fair to the farmer and myself.

I just signed a three contract for $209.oo an acre. In the contract I get hunting, trapping, mushroom hunting, and just general being able to wander around the property whenever I want, right across the road from me, rights. I'll be able to take the grand kids over to the woods and go for walks with them. It will be enjoyable to take the kids out and let them discover things in the woods.

Sounds like a pretty good deal.