Here in SWMO and in SEKS share rent has been 1/3rds-2/3rds since the beginning of mankind.The farm owner pays 1/3rd of the fertilizer and chemical.50-50 rent does not fly in this area.
If the corn makes 120 bu an acre at $4.00 per bushel the land owner should make about $90 per acre clear after paying his share of the fertilizer,chemical,and crop insurance.
If you cash rent it out,you will get $70 per acre at best.At least 2-3 out of 10 years will be poor here due to bad weather.That tends to hold rents down.I've only grown 2 decent soybean crops in the past 10 years.In 2007 the wheat made 18 bpa because of a freeze,disease,and too much rain.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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