Wow Loren. How nice of you. He can't get a crop in so kick him when he's down by taking the land away.
Your you're so very generous by forgiving the second half rent too. He's already paid for fertilizer last fall, paid half the rent, paid for insurance premiums and paid for spray and application costs. Maybe paid for soil tests too? In fact, the only cost he hasn't incurred yet was the corn seed and harvest fuel. But it sounds like that money will be spent on the fuel and seed to go yet for a radish cover crop AND he won't have a cash crop to put in the bin to pay for fixed overhead costs. His machinery payments, land costs, living expenses etc. still have to be paid. Maybe HE plans on planting winter wheat. And even if he was, he still won't have any income until next year other than the insurance check and that won't hardly cover the inputs, not the fixed costs.
Maybe the right thing to do would be to forgive the second half rent AND give him a second chance next year but I'll bet he'll man up and pay it anyway. A deal is a deal right?
You traded your interest and control for a guaranteed cash rent check so why not just let the guy do as he sees fit and hold up your end of the bargain by staying out of it.
If you want to second guess his decisions then you need to farm it yourself and just hire him to custom plant, spray and harvest on your say so and then you have the right to do all the worrying.
On a side note, I don't know what being a BTO or STO has anything to do with it. Right or wrong is right or wrong regardless if it's 16 acres or 1600 acres.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
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
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.