Posted by Dave from MN on August 27, 2010 at 05:32:55 from (96.24.108.250):
In Reply to: Mega farmers posted by flying belgian on August 26, 2010 at 21:28:24:
Here it is alot of over bidding the land worth, and then wrapping it up for years with a confusing contract, and enrolling in as many conservation programs as possible to actually have alot less out of pocket rent. Frustrating for me as a growing farmer. I have went to paying 50% rent the previous fall, and the balance by April 1st. A few people have come to me and asked. What I see alot of is older farmers that do nothing but coplain, put down, and curse some big operators, but then will rent to them whe they retire, or they are giving that "offer". Then all of a sudden that big farmer is their new best friend, the best farmer, yada yada yada. Kinda sickening. I am gonna have to go after some lnd from some of these BIG guys this fall as I need to increase some acreage to increase my enterprise units. This is mostly dry land that they arent paying jack for and have the owners believing they are doing them a favor. I am however locking in most of what I have now with some lengthy contracts and market bonus"s as I am sure I will be making a couple BIG guys mad. You know, it is gonna really hurt there bottem line that I am after 40-80 acre"s of land they whine they are in the red in every year, out of the 3000+ they now farm. They would do it to me in an instint so I am only worryinh about the BIG guys feelings that I am good aquantances with.
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