The travel will eat up any additional profit you THINK you will make. Also do you not think there are farmers around that ground that is fifty miles away??? IF they are not renting it for the amount asked that should tell you that the conditions are different there. Fifty miles could be an entirely different soil type and crop needs/yields.
I do not see any profit in rented ground for the next few years. I would shore up what you have and be ready to step in when some of the local ground comes up for rent in a few years. It will more than likely take a change of tenants but these cash rents will have to come down as grain prices fall. So just be ready when they do would be better than traveling fifty miles to land that is a BIG question mark.
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