Posted by Bob Bancroft on December 21, 2021 at 09:52:02 from (71.115.184.117):
In Reply to: What's typical posted by flying belgian on December 21, 2021 at 09:02:42:
I've never had a lot of faith in projections, as things we don't foresee change. But, it's good to have some idea of what to expect. My little look into next year, as a cash cropper, is not cheery. As one who rents farmland from a couple of neighbors, an increase in rent right now would not be welcome news. I think an in person conversation with your renter would be best.
Here in NY, for tax and other reasons, the standard is a five year written agreement. I have two years left on an agreement with a neighbor who just passed away. Everything passed to his son in a trust. A solar panel company is throwing around $1200/acre lease offers. I've heard another is $1400. All too good to be true. It will be interesting.
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