Your question is worded so as to to be taken many different ways, not sure what your question is?
If someone rents land for cash, it is his crop, his year, to raise his crop. The landowner only gets the rent, has nothing to do with the crop.
If the person renting the land goes belly up in the middle of the season, it's still his crop, and would go through the bankrupty proceedings. The landowner would still only get the cash rent agreed to, not the crop. This is why most cash rents get paid up front, before planting. If the land owner didn't get paid, then he gets to get in line with the rest of those whom are owed.
This gets very messy with a long term lease. If there is a 3 year lease on the land, and you are a 1/2 year into it when the renter goes bust, that entire lease becomes part of the bankruptsy process, and can be sold off by the courts as a valid asset. Who knows who will be running the mand the next 2 years.....
There should be more info showing up if you search for the Stamp Farms mess - someone in the running for Farmer of the Year filed for bankruptsy this November in the Michigan/ Illinois area. The thousands of acres he rented are now in a bit of a quandry.....
This is no different than when the farmer sells grain on a contract. If the elevator you contract to goes belly up, you _still_ need to deliver your grain to the elevator, even tho you won't get paid for it. You already agreed to the sale.... Likewise, with a land lease, the land owner agreed to it, and if something goes wrong, you are still tied to your sode of the bargin.
If your question was along an entireely different line, please re-ask it, with more explination.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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