Going rate in our area is $50 per acre. Most farmers used to not want to cash lease because they had to front the cash no matter what. If they go on the shares they have less reward, but less risk. Lately though I think most would be open to cash lease. They can say what they want but they have made some serious money in the post covid years. The subsidies have been over the top. I had one farmer tell me "we used to deal with tens of thousands from the government, now it's like hundreds of thousands. It's crazy"
When you combine covid subsidies with drought incentives our local farmers have done really well.
When you combine covid subsidies with drought incentives our local farmers have done really well.
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