Posted by Progress?? on April 10, 2014 at 04:33:25 from (184.16.226.194):
In Reply to: BTO question posted by Kyle in Ky on April 09, 2014 at 19:56:34:
I figure that you can't put a value on having the farm run by the family. I guess if your brother is getting too old or hopefully you guys get along but if not then its one thing. But personally I'd figure in $10,000+ value in pride of having the farm continue to be farmed by family. One thing I always tell guys around here is that these guys offer this high rent because they think they can make more than $400. So if true then this profit should stay in the family. Also no matter how big of field equipment they have they can't trim tree rows or fix tile lines or care for the ground any faster than the old days so someone's farm could get neglected. If so its not going to be their own ground. And yes, at that high of rent they may feel that they don't need to add plow down fertilizer because you "owe" them since they paid so much. I've seen it here. If your Brother gets out then eventually sells his equipment there's no going back...
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