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<blockquote data-quote="toquark" data-source="post: 7455644" data-attributes="member: 72428"><p>We have both owned and rented ground, also I look after a bit of rented ground in my day job. All of the rented land is on 364 day leases. This does <u>nothing</u> for the land in question other than slowly deplete it over time.</p><p></p><p>Traditionally, renting farms was the way new entrants got into the industry. Historically land values reflected productive capacity so it wasn't impossible or that unusual for a tenant farmer to eventually farm their way into an owned unit. Today however land values are completely divorced from production, significantly reducing the ability of new farmers to secure thier own land.</p><p></p><p>This coupled with the right to buy fears held by many large landowners, has massively reduced the amount of rentable acres offered each year and has had a very detrimental impact on the industry. It only serves to further the disparity between industrial farmers (who in many cases are there only by virtue of an enterprising ancestor) and the rest of us.</p><p></p><p>[USER=6404]@Pringles[/USER] is correct in stating you'd have to be clinically insane to let land on a longer term basis for fear of ending up with a tenant intent on robbing you of your own farm!</p></blockquote><p></p>
[QUOTE="toquark, post: 7455644, member: 72428"] We have both owned and rented ground, also I look after a bit of rented ground in my day job. All of the rented land is on 364 day leases. This does [U]nothing[/U] for the land in question other than slowly deplete it over time. Traditionally, renting farms was the way new entrants got into the industry. Historically land values reflected productive capacity so it wasn't impossible or that unusual for a tenant farmer to eventually farm their way into an owned unit. Today however land values are completely divorced from production, significantly reducing the ability of new farmers to secure thier own land. This coupled with the right to buy fears held by many large landowners, has massively reduced the amount of rentable acres offered each year and has had a very detrimental impact on the industry. It only serves to further the disparity between industrial farmers (who in many cases are there only by virtue of an enterprising ancestor) and the rest of us. [USER=6404]@Pringles[/USER] is correct in stating you'd have to be clinically insane to let land on a longer term basis for fear of ending up with a tenant intent on robbing you of your own farm! [/QUOTE]
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