Posted by Kyle in Ky on April 10, 2014 at 09:52:53 from (199.209.255.227):
In Reply to: BTO question posted by Kyle in Ky on April 09, 2014 at 19:56:34:
Afternoon! I used the term BTO because I'm too lazy to type out all the letters. Whether you farm 5000 or 25000 acres, your a BTO in my view since you farm way more than I could ~ No offense to anyone intended!
There are some big operations and family run operations in the area 5-10k acres and bigger, that are doing just fine. Speaking with some of them on overall rental prices, appears the average for the area and soil type is in the low to mid 200 range. Few to very few in the northern counties with better soils are getting 285-310 per acre. None admitted to paying or would pay those kind of prices. This is why I'm skeptical.
My share portions, as with my brothers are extremely low since the farming brother assumes all the risks, equipment expenses, etc. I do and would help more if I could and was a little closer. The terms agreed to and documentated should remain with the farming brother. Don't get me wrong, money is nice but it is not worth the hassle it creates! As a tale I've heard many times goes, "money is the root of all evil".
Time and patience will tell! I appreciate all your views and thanks for the time you took to respond. Much appreciated!
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