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Re: OT - Land rent
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Posted by Mike (WA) on January 05, 2005 at 08:11:33 from (209.213.153.73):
In Reply to: OT - Land rent posted by EAJ on January 04, 2005 at 16:15:23:
Probably a good rule of thumb is to shoot for the landowner getting 1/3 of the gross cash value of the crop- most of the wheatland in eastern Washington is on 1/3 crop share, and has been for decades. Wheat yields can vary widely depending on weather, and with crop share, landowner (usually absentee widows in New York or some such) and farmer share the risk. The elevators even keep track of each landlord's share- you put a little sign with the name of the landlord on your truck, and they chalk it up to the right account for you.
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