Q&A

DEAR NEW FARM:

I own 22 acres and have someone that is farming it for hay; seeding, cutting, maintaining, etc. My question: how do I come up with what to charge? I have been reading and some charge per acre, some charge per bale, some charge land tax at the end of the year. What is the best way, for both parties, to go about what to charge?
Sincerely,

Robin

 

DEAR ROBIN:

This is something that is particular to your individual situation with your farmer. For comparative information you may want to chat around the New Farm User Forums, but in the end it’s something that you both have to decide together. This response from our farm manager, Jeff Moyer, to another reader might offer some guidance: How do I work out a land lease agreement? Best of luck.

NF

 

 

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