Posted by ray_woods on April 12, 2012 at 13:31:39 from (69.37.86.228):
In Reply to: Garden Rent posted by Frankmn on April 12, 2012 at 11:32:09:
I was just reading a business plan summary for lettuce the rent for the year per acre was $1300 year or $110 a month. The average farm size was 1200 acres. The tenant thanks to the climate is able to get at least two planting per acre.
If your tenants are using it for 6 months then you disk it I'd cover the fuel cost + a nominal acre per month. The lettuce yield in the business plan I was reading was 350-450 cartons per acre. 24 heads per carton. If your tenants are hobby farmers their yield is probably a lot lower and maturing with every other local farmers crop. Go with makes you feel comfortable. $25-$50 per acre per month in the field. If the tenants crops bring in wildlife that improves hunting I'd knock a few dollars off the monthly rent.
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