Posted by VADAVE on February 25, 2008 at 15:40:24 from (70.177.166.71):
In Reply to: Cash crop rent posted by seia on February 25, 2008 at 12:47:15:
I wonder how many farmers answered that question? Or is just farm owners? 5% of value is BS with land in the $6000+ range that comes to about $300/ac not considering the lay of the ground or the yield potential. In Virginia the rent is about $65/ac or less. There have been a few that paid $100/ac--you'll notice I said paid. Cause they an't farmin' no more. I know more then one that are paying between $10 and $30/ac just because their "good boys" and "I knew you when..".
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