How much is land to rent??

[Sparky270]

There's an ex Lancashire family in Magnac that apparently bought 700 ha of straw near Chauvigny. Christ they didn't half move some straw though. Only just finished. Some folk have a fair appetite for work

Whys your friend upsetting the local Cuma again ? Lols

 

[Wheatland]

The OP has told us that off last years wheat harvest he has baled 100 x 6 string bales which is pretty crap by anyone's standards. Perhaps the land isn't very productive for whatever reason (drought/low fertility/poorly farmed) and so is worth little or no rent beyond the current offer. It's far too easy to say any land is worth x or y but an acre of wheat that has produced so little straw (and presumably grain too) is not necessarily worth much to rent.

 

[Flat 10]

There are other things beyond money but it does sound like the OP is getting a raw deal BUT BPS + getting the straw back baled (a minimum number of bales pre-agreed) and IF the land is being well farmed (hedges cut, PK being maintained, weeds controlled etc) its not the worst deal in the short term. If you want it reseeded the out going tenant could plough it for you as part of his 'rent'. Might not be the best thing to have a 2yrs £150/acre land rapist in.

 

[czechmate]

Whys your friend upsetting the local Cuma again ? Lols

 

[chipchap]

Why don't you just ask the guy who has been renting it if he thinks what he has been paying is fair, and ask him to put an offer on the table.
I can guarantee that if you get a land agent involved you will get more rent, but it may not be the best deal for you. There is more to owning land than milking it for every drop of income in the short term.

 

[Formatted]

Going to do something unpopular and suggest you get in touch with a land agent. I think you're being taken advantage of and I imagine your paperwork is not where it should be. It will cost you a bit (but no an enormous amount) but in reality putting the land out to tender is the best way to ensure you are getting a good deal and protecting your asset.

Don't use one of the agencies, I recommend http://www.mooreallen.co.uk/

 

[David.]

The OP has told us that off last years wheat harvest he has baled 100 x 6 string bales which is pretty crap by anyone's standards. Perhaps the land isn't very productive for whatever reason (drought/low fertility/poorly farmed) and so is worth little or no rent beyond the current offer. It's far too easy to say any land is worth x or y but an acre of wheat that has produced so little straw (and presumably grain too) is not necessarily worth much to rent.

If it is not very fertile stony dirt, on the top of the Cotswolds, I'd not want to pay any better than existing tenant, if I was expected to farm it properly and build some fertility.
But then, there will be busy fools aplenty, looking to "spread their overheads" who will outbid all-comers.
2.25t/ac wheat or sp.barley ground by sound of OP, go figure.

 

[unlacedgecko]

If it is not very fertile stony dirt, on the top of the Cotswolds, I'd not want to pay any better than existing tenant, if I was expected to farm it properly and build some fertility.
But then, there will be busy fools aplenty, looking to "spread their overheads" who will outbid all-comers.
2.25t/ac wheat or sp.barley ground by sound of OP, go figure.

Sounds nice and free draining, perfect for wintering stock!

 

[David.]

Sounds nice and free draining, perfect for wintering stock!

Yes, st.turnips and sp.barley, lowish fixed rent, some nice straw, and some headage perhaps.

 

[unlacedgecko]

Yes, st.turnips and sp.barley, lowish fixed rent, some nice straw, and some headage perhaps.

And build some soil fertility at the same time. It's just win win win for the landowner. If only he knew someone who wanted to winter stock...

 

[David.]

If only indeed....

 

[Henarar]

get more by grassing it out and letting the grasskeep even if the land is not so good

 

[horizontal]

I'd do a three year contract farming agreement and require it to be undersown with grass in year 3.
If contractor carts and store grain then pay him say £115/ac, throw the BPS in the pot and split the proceeds 50:50 after agreed costs (variables, finance etc). You'd have to fund the growing crop but no chance of inadvertently creating a tenancy or losing farmer status on this land.

 

[Flat 10]

There is more to owning land than milking it for every drop of income in the short term.

I couldn't agree more.

 

[wellingtonfarmer]

I'd do a three year contract farming agreement and require it to be undersown with grass in year 3.
If contractor carts and store grain then pay him say £115/ac, throw the BPS in the pot and split the proceeds 50:50 after agreed costs (variables, finance etc). You'd have to fund the growing crop but no chance of inadvertently creating a tenancy or losing farmer status on this land.

Without changing track to much, I have always wondered how contract farming agreements work, how do you work out profit? Do you have to weigh all crops in ?