Hey, I am looking for some info on what everyone is getting for rent on your farm ground. I have around 200 acres that we have cash rented out for several years and we are thinking about raising the price. The ground lays pretty flat with a little slope in a few spots. we are getting $75 per acre and thinking about going up to $90. I just don't want to over price it but on the other hand would like to get all that it is worth. Thanks for any info...
JNRBRONC
Well-Known Member
I think you are a little low. I was getting $90/acre for HEL about 5-6 years ago. I googled and found this: Rental avgs This is the average of all crop ground. I think if you poke around at the ISU site, they have it broken down by region.
150 Class
Well-Known Member
bjkpharmd
New Member
Lots of ground coming out of contracts end in 2007 in SE Iowa. I'd be interested in hearing from anyone just getting back in what they did for a new contract. I do not want to do CP25 on all of it because I want to be able to foodplot. I'm getting $70 now, I'd be happy with that for another 15 years. Lots of hay sitting in fencerows so I wonder about the economics once the amount of land for rent skyrockets.
treerat
Active Member
For a 50 acre field near Lansing, I am getting $110 per acre. It is pretty hilly and I am looking at enrolling some of the steep edges along the timber in the CP33 program. I just put in CRP buffer strips at $100 per acre so hopefully I will get that for the timber-edge strips. Taking some of these acres out of tillable should improve the average yield and make the rent a better value to the farmer and improve the wildlife habitat.
horkeymike
Member
140-170 IS PRETTY COMMON HERE IN NW IA, BUT THAT IS GOOD GROUND!!!
dbltree
Super Moderator
[ QUOTE ]
Pharmer - what is CP25? My CRP contract expires in 2007 too. I would be satisfied re-enrolling, but not if I can't put in food plots.
[/ QUOTE ]
CP-25 is Rare and Declining Habitat (Tall Grass Prairies/Oak Savannas) Seeding or planting will be best suited for wildlife in the area. Plant species selections will be based upon Ecological Site Description data.
CP2 - Establishment of permanent native grasses and legumes. Mixed stand (minimum of 5 species) of at least 3 native grasses and at least 1 shrub, forb, or legume species best suited for wildlife in the area.
CP12 - Wildlife food plot. 3/
Wildlife food plots are small non-cost-shared plantings in a larger area. Wildlife food plots will never be the predominant cover.
3/ CP12 acreage is not included in the weighted average point score. For example, a 50-acre offer with 45 acres planted to CP25 and 5 acres planted to a wildlife food plot would calculate a weighted average using only the 45 acres of the CP25 planting. This calcuates as follows: 45 acres x 50 points (CP 25 EBI score) = 2,250 points. 2,250 points / 45 acres = 50 points.
As far as I can see one can still plant a foodplot, you just aren't given any points for the foodplot it self. Both CP2 and CP25 are worth 50 points on the EBI index. Most every one I believe will have to sign up using one of these two practices.
Pharmer...I'm assuming that you want to put more into foodlplots then the 10% allowed...so you don't want to put all of your acreage back into CRP?
Pharmer - what is CP25? My CRP contract expires in 2007 too. I would be satisfied re-enrolling, but not if I can't put in food plots.
[/ QUOTE ]
CP-25 is Rare and Declining Habitat (Tall Grass Prairies/Oak Savannas) Seeding or planting will be best suited for wildlife in the area. Plant species selections will be based upon Ecological Site Description data.
CP2 - Establishment of permanent native grasses and legumes. Mixed stand (minimum of 5 species) of at least 3 native grasses and at least 1 shrub, forb, or legume species best suited for wildlife in the area.
CP12 - Wildlife food plot. 3/
Wildlife food plots are small non-cost-shared plantings in a larger area. Wildlife food plots will never be the predominant cover.
3/ CP12 acreage is not included in the weighted average point score. For example, a 50-acre offer with 45 acres planted to CP25 and 5 acres planted to a wildlife food plot would calculate a weighted average using only the 45 acres of the CP25 planting. This calcuates as follows: 45 acres x 50 points (CP 25 EBI score) = 2,250 points. 2,250 points / 45 acres = 50 points.
As far as I can see one can still plant a foodplot, you just aren't given any points for the foodplot it self. Both CP2 and CP25 are worth 50 points on the EBI index. Most every one I believe will have to sign up using one of these two practices.
Pharmer...I'm assuming that you want to put more into foodlplots then the 10% allowed...so you don't want to put all of your acreage back into CRP?