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re: need some figures from farmers
Posted on 3/31/13 at 5:46 pm to oldcharlie8
Posted on 3/31/13 at 5:46 pm to oldcharlie8
quote:
i inherited 200 acres of rice/soybean land and i would like a ballpark figure of how much money i should make on rice if i collect 25% of yield from the farmer that will farm my land.
just an estimate please.
If all I had was 200 acres, I wouldn't do a percentage because of market volatility.
But if that's what you want to do, take the yield history on the place, multiply it by whatever the September or November 2013 price, multiply by whatever percentage you think you want. That will give you an idea.
1
Posted on 3/31/13 at 6:17 pm to prostyleoffensetime
I've got a guy planting 150 acres in soybeans for me this year. I'm paying him a management fee up front and giving him a percentage of the profit..lower due to the guaranteed mgmt fee I'm providing.
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