Rent

[Phil P]

I'd offer a 'Brexit clause' which is in March 2021 you have a rent review. Sub is guaranteed till 2022 at-least

We’ll probably put that in our tender, we’ve done something similar on a 40 acre block we’ve got on a 3 year FBT this year with a brexit clause for a review at the end of 2020.
To be honest though we’ve got it on a very good rate.

 

[glasshouse]

Its really just a game of musical chairs.
Every time the music stops a farm gets let to a neighbour, so everyone else is left chasing less and less land at bonkers rent.
Its been like this for centuries, only interrupted by attlees govt of 1947

 

[Mostly this wik]

We farmers are a funny bunch the less they pay us, the more we take on so the harder we work, and the more we produce so the less they pay us, who else works harder for less pay.

 

[glasshouse]

We farmers are a funny bunch the less they pay us, the more we take on so the harder we work, and the more we produce so the less they pay us, who else works harder for less pay.

Its only like that in the uk, other countries have it better organised where land is not allocated by the highest rent offer:

 

[Frodo]

Its only like that in the uk, other countries have it better organised where land is not allocated by the highest rent offer:

Any examples? Only other method I have seen is former communist farms which didn't seem too successful.

 

[glasshouse]

Any examples? Only other method I have seen is former communist farms which didn't seem too successful.

France is a prime example
So is germany
Most of europe in fact is owner occupied or on very long leases so the opportunity to outbid your neighbour doesnt often arise.
Greater co operation also makes relentless expansion unnecessary.
Nz has perpetual leases too, so does Australia.
You buy those leases with a capital sum and the rent remains unaltered.

 

[MF 168]

Its only like that in the uk, other countries have it better organised where land is not allocated by the highest rent offer:

I don't know about that. Here in Ireland the land leasing game is been driven by dairy farmers and is very much to the highest bidder. 300 euro an acre is the norm atm and up to 400 euro in cases. There's no money in that kind of rent price per acre for a tillage man like myself. I'm not to sure if the dairy men have anything from that either. Plenty of 5, 10 and up to 15 year leases been signed though. It'll be interesting to see who's to blame when the price of milk collapses which it will at some point.

 

[horizontal]

I'd offer a 'Brexit clause' which is in March 2021 you have a rent review. Sub is guaranteed till 2022 at-least

I would tread carefully. I think the politicians are quite smart with their wording - support is what I’ve read, not subsidy. So they could reallocate away from direct subsidy and use the budget elsewhere in the industry.

 

[glasshouse]

I don't know about that. Here in Ireland the land leasing game is been driven by dairy farmers and is very much to the highest bidder. 300 euro an acre is the norm atm and up to 400 euro in cases. There's no money in that kind of rent price per acre for a tillage man like myself. I'm not to sure if the dairy men have anything from that either. Plenty of 5, 10 and up to 15 year leases been signed though. It'll be interesting to see who's to blame when the price of milk collapses which it will at some point.

Your system has its faults, but ar least everybody owns their yard and house
At least your govt is sorting the short lease problem

 

[FarmerBruce]

Got a letter from our land agent on Friday about some land that had come up for rent on a 5 year FBT, roughy 230 aces of arable in 3 blocks.
It’s all within 5 -10 mins from our front door, but it’s out to tender and have no idea what Sort of price to go in at.
I know you can’t make cereals pay at more than £100 an acre though
I also know a couple of the spud growers in the area will put stupid offers in even though they can’t give them away at the moment!
Time to sharpen the pencil and crunch some numbers

If you weren't somewhere near the £300/ac round here you wouldn't get a sniff!!!! [emoji15][emoji85]

 

[Phil P]

If you weren't somewhere near the £300/ac round here you wouldn't get a sniff!!!! [emoji15][emoji85]

There’s a few spud men round here that would offer that kind of money possibly more, but you can’t put spuds on it every year.
I won’t be offering £300 an acre, not even £200