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Re: How about free?
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Posted by paul on August 14, 2003 at 07:49:56 from (209.23.145.17):
In Reply to: How about free? posted by Indydirtfarmer on August 14, 2003 at 04:42:55:
Ok, what am I missing? You can rent it for corn/soybeans for $4000 a year, or you can rent it for hay for $1000 a year. Why is the hay deal a bad one? Sounds like a bargin to get the land for $25 a year, vs $100 a year. Yes, there are more start-up costs with hay, but that is pretty cheap rent. You say your startup would be $1200, so even the first year you are getting the land for 1/2 of a corn/bean rate..... Around here renting an alfalfa field costs more than a corn field, not less, so conditions must be different where you are? I guess I would want a 3 year lease with the buyouts as mentioned, that should be pretty easy to implement under your senerio. --->Paul
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