Posted by JD Seller on March 23, 2014 at 12:15:13 from (208.126.196.144):
In Reply to: More on Cash Rents posted by Eldon (WA) on March 23, 2014 at 10:07:47:
Eldon: It would seem your brother is being fair to you. If the ground will only grow 100 BPA in a good year it is not the type of ground that we are writing about that is getting the $300-500 an acre rents. The high rent ground around here had a rolling ten year average of over 180 BPA. In a real good year I have seen 250-275 BPA averages on some of it. On some real good spots some 300 BPA.
Also the fertilizer required to grow these good crops is less than many have to use for 50 BPA less in yields.
I have friends in Southern Ohio. They have a 150 BPA average and use more P and K then we do to get that lower yield. Their rents are in the $75-125 range.
So your not comparing apples to apples.
Also your correct in that the high rent guys are in trouble with the lower prices.
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