BryanM
Gold Member
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!
Leasing some property
- Thread starter BryanM
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zionview
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$55/acre in this area, depending on how close to the university the land is. Land closer is up to $200/acre.
RobJ
Elite Member
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.
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.
CornbeltKid
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you're lucky, it topped $500/acre here
Robert_in_NY
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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.
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.
AKfish
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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
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
Super Member
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.
there are plenty of people around hear looking for you to cut there hay on shairs... mostly small plots 3-10 acers.
EddieWalker
Epic Contributor
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
Eddie
jwcinpk
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The market is crazy right now. A drought here pushed me out of leasing 35 acres I had been leasing for $1000 a year + expenses. Someone offered them $1500. I believe that in a couple years when hay prices have time to level out some and the gov decides corn is too high you'll see these prices retreat.
AKfish
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I subscribe to a very good Agricultural newspaper that covers essentially the northwest 1/3 of the nation - The Capital Press.
Comes out weekly. Great read - everything from vineyards to feedlots from Calif. to Montana.
Looks like intense market pressures both from overseas markets as well as domestic markets for grains and feedstuffs and hay.
Appears that the cattle producers are struggling with high commodity prices to finish their beef to slaughter weight and are shifting more of their feed costs towards hay (less feedlot time) and trimming their herd numbers, too.
And, a significant number of hay and alfalfa acres have been shifted to corn and wheat production in the last 18 months and that has driven the cost of hay, etc. to new levels, too.
That said, I'd be surprised to see things settle (corn, wheat, hay, land rent and price) a great deal lower; although as oil declines those commodities should track somewhat downward as well.
AKfish
Comes out weekly. Great read - everything from vineyards to feedlots from Calif. to Montana.
Looks like intense market pressures both from overseas markets as well as domestic markets for grains and feedstuffs and hay.
Appears that the cattle producers are struggling with high commodity prices to finish their beef to slaughter weight and are shifting more of their feed costs towards hay (less feedlot time) and trimming their herd numbers, too.
And, a significant number of hay and alfalfa acres have been shifted to corn and wheat production in the last 18 months and that has driven the cost of hay, etc. to new levels, too.
That said, I'd be surprised to see things settle (corn, wheat, hay, land rent and price) a great deal lower; although as oil declines those commodities should track somewhat downward as well.
AKfish
