Posted by JD Seller on April 09, 2018 at 20:58:28 from (208.126.189.95):
In Reply to: Re: Land rent posted by oldtanker on April 09, 2018 at 20:37:06:
oldtanker the other side of the coin is if your not taking any risk then why should you get more rent if the crop price doubled in value????? Share crop arrangements where the most common form of renting land until about 30 years ago. This dated back to the middle ages when the Lord/King got a percentage of the crop.
When I started farming in the mid 1970s the common split was 25% to the land owner for corn/wheat and 1/3 to the landowner for soybeans.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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