I farm in two adjoining counties and it really varies as to which one you are in. In one county with more farmers and livestock its a 50/50 split with the land owner furnishing fertilizer and lime. In the other where there are more landowners than farmers its at least 1/3-2/3 with the 1/3 to the landowner (and he furnishes lime and fert). In a lot of cases its an even better deal than that. Unfertilized ground normally the guy cutting it gets it all to mow it. A few people even let you have the hay and pay you to do it (if less than 10 acres I charge 150 to move my equipment there).
As to buying the share, thats usually at or slightly better than fair market value. I do some custom work in the county where I live and have a guy do 60 acres of mine on a 50-50 split in the other with him buying my half of the 2-5th cuttings.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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