Posted by Nick M on November 06, 2016 at 10:42:48 from (70.210.64.143):
I rented a 50 acre farm this spring. Old bachelor died and left it to his niece, who's son knows me, and here we are. Didn't get it until the end of may. Knew it was on the wetter side, but the rent was on the cheap side so we went with it.
It is wet. Didn't have much trouble getting soybeans in this spring, but getting them off is a different story. There's some old tile out there. We've already repaired some, but there's other areas not working and instead of spending days paying someone to chase tile that probably isn't worth chasing, I'm thinking install new. We are a small farm. 160 acres. Don't have a lot of money to throw around.
The land owner seems willing to work with me. To what extent, I'm not sure. They also say they have zero interest in selling. I know of some instances where a long term lease is signed at a reduced rate and the farmer pays for the tile or other times the owner pays for it and the rent goes up. Any creative ways any of you have pulled this off? Would like to grid the whole thing out. Maybe do 10 acres every couple of years.
I'm being told around 600-800/acre for a whole grid job. Haven't had anyone quote it yet though. The property does have drainage ditches bordering two sides of it. How much value per rented acre would this be worth? Hard to put a dollar amount on the future. Beans look really good. I do believe this will be highly productive round when drained correctly. Looking for opinions. Thanks for reading my ramble. Central lower Michigan
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