see this happening on alot of farms /estates that are being run on a CFA locally, the owners aren't proactive on the ground and office meetings with the contractor and agent is as much as they seem to get involved with.
Rent Review
- Thread starter Yorkshire lad
- Start date
betweenthelines
Member
- Location
- southwest
If the LL sold his land and put the money in the Bank, he'd be getting well below 0.5% interest with no Capital growth. Read on the Dairy thread that a LL wants 10% return when he puts up buildings-feck knows where else he'd be getting that rate of interest these days!
If LL's or agents think there's money to be made in farming, why aren't there more Share farming agreements about?
- Location
- YO42
One farmers definition of heavy land varies to another
Some claim to have heavy soils but grow beet and maize
- Location
- Lincolnshire
Yup. Female friend of mine was having a go on a tractor drilling "heavy" bit of farm.
Looked like Filey beach.
But you can make heavy land look extra heavy by wrong timing or bad farming.
If you join the Tenant farmers association , they do keep a record of comparable rents etc.
Not much decent OSR around to gamble on selling it forward
On my first rent review after taking on my main farm , I said to the factor that he could have a rent increase or a better farm he chose the latter . Since then I have kept my side of the bargain ,improving and investing in the farm and he has kept to his with minimal agreed rent increases. When I retire they will get back a farm that will be easy to let at probably a much higher rent than I am paying and I am getting a farm that is easier to work and more productive.. This was a farm that had basically been sucked dry before I took it on . The estate is managed in house and that I think is the critical difference,the long term good of the estate is their primary driver not the short term gain of your common or garden land agent.
Because there will be another eager bidder if the current one drops out.
True, but 10 years later will the bids for rent not reflect a diminished asset? Maybe not!
As said earlier because land agents tell them to
- Location
- East meath/dublin
The dont see it that way !! The just take the view that the are looking for the market rents and a lot of them are a long way removed from the realities of farming .
The blame probably splits 50 / 50 between farmers for bidding such silly money and agents for encouraging unrealistic expectations.
The current AHA rents are at a level that a farmer gets a decent return on his labour and can rear a family and save for his retirement . In exchange the landlords asset is well looked after and grows in value . A fair arrangement protected by law
Those on FBTs are on far shakier ground and have the worst of both worlds with high rents and lack of security .
The change to elms from BPS will further muddy the waters and unfortunately i think that fbt tenants will be the poorer after it
Sometimes i think that real farmers would prosper if ALL subs both production and enviromental went in the bin and profit depended on skill and know how
Both my grandfather and father were serious renters for grain back in the day and done very well . The never cared whether the got ground for more than one year as there was never any shortage of fresh lets
The worked and minded land where the owners were reasonable and rents fair and mined out ground where the rents were high and then threw it .
The arrival of direct payments has suited the landowner and i fear elms will be the same .
The Seeker
Member
- Location
- YO42
Farming heavy land has become more difficult recently
Rape is now to precarious to grow Late drilling to counter BG is not good in a wet time
We’ve had to many wet autumns recently .
.Last year was the first time in my life I’ve not combined any wheat and I also cut for 2 neighbours
Wheat is £200 but I nor my neighbours have any This years
winter crops have been sat in wet cold soils for to long to produce decent yield
I ask the agent what risk factor he allowed in his calculations. He didn’t answer
When I was a kid this land was grass and the break crop was a couple of years wheat then back to grass for 3/4 years The answer is probably increase our CSS AB15 But I do need straw and grain to feed livestock
Rape is now to precarious to grow Late drilling to counter BG is not good in a wet time
We’ve had to many wet autumns recently .
.Last year was the first time in my life I’ve not combined any wheat and I also cut for 2 neighbours
Wheat is £200 but I nor my neighbours have any This years
winter crops have been sat in wet cold soils for to long to produce decent yield
I ask the agent what risk factor he allowed in his calculations. He didn’t answer
When I was a kid this land was grass and the break crop was a couple of years wheat then back to grass for 3/4 years The answer is probably increase our CSS AB15 But I do need straw and grain to feed livestock
Jo28
Member
- Location
- East Yorks
no! just like last year once feb finished the tap was turned off. Just one decent shower would do. cant seem to get out of the cycle. rain oct to feb then dry march to july
- Location
- Essex
Ask him how much of next year's wheat he wants at £190.
Hope he didn't bite....
£120 top if you want anything for yourself.
Probably won't get it though, can't reason with a busy fool suffering intumescence over some fresh dirt.
- Location
- Montgomeryshire
We recently had a look round one of the farms mentioned here, where the tenant has chosen to walk (9 yrs into a 21 yr FBT) after the landlord was seeking another increase. At the time it was let, the talk was that it was @£170/ac, for 200ac of steep rundown pp rising to 1200’.
It has now been relet to a neighbour, at a reduced rent (sub £100/ac) for several years, in leu of getting it back into reasonable order. The new tenant told me he’d spent £40k on fencing materials so far, and a hell of a lot on lime!
The Landlord would have been far better off taking less for it in the first place, leaving the original tenant enough to ‘farm’ it properly, and not have the costs of reletting it so soon, or having presumably wiped out the capital of the tenant.
A very short sighted view by the landlord/his agent IMO.