Farm Land Rental $?

[allen84]

Anyone out there lease their farm land? What would some very undesirable farm land go for per acre, yearly?

[NorthMan]

I have 35 acres that was soy bean this year, got about $1,000 for it, not much but it helps. keep in mind this is long standing tilled acreage, stuff that needs clearing or isn't easy to work will go for less.

[allen84]

Anyone else? Northman, so about $28 per acre right? That's pretty close to what I was offered, just wanted to make sure it wasn't a lowball offer. Most of my property wouldn't be suitable for any kind of row crop and is mostly wooded. The man seemed fine with that. He is looking for a place for his "piney woods cattle".

I have a few things that might happen... Looks like the farm might make me a little money in 2016!

[Basil]

Pasture/hay land in Kentucky goes at $50 per acre around me. crop land goes at up to $300/acre. there's a formula, it's a percentage of the purchase price per year.