Farming help and opinions needed

**Boxerdaddy** · 12-20-2011, 04:47 PM

Hey thanks guys for the comments. And ya like i said I don't own the land...just curious as to how it would work.

Originally Posted by bringmagicback

every farmer who rents lands worse nightmare, the family member of the landlords want to take over the land! ahhhhhhhh!

Just kidden op, good luck.

Lol ya thats not what I would want anyway. In this hypothetical I would let the renter do what he's done for years and not interfere with that at all. But would like to learn a little about it. Would be fun to take a few year hiatus back to rural Iowa but not likely.

Is a 50/50 sharecropping beneficial for the tenant as well? Make less on the sale but in for less at the beginning? (no rent) Is it just a pain in the butt for the renter? How does that shakeout in the end on most years? (Make more or less money than straight renting)

Anywho thanks for the great answers.

**Tre4ISU** · 12-20-2011, 04:50 PM

Originally Posted by Boxerdaddy

Hey thanks guys for the comments. And ya like i said I don't own the land...just curious as to how it would work.

Lol ya thats not what I would want anyway. In this hypothetical I would let the renter do what he's done for years and not interfere with that at all. But would like to learn a little about it. Would be fun to take a few year hiatus back to rural Iowa but not likely.

Is a 50/50 sharecropping beneficial for the tenant as well? Make less on the sale but in for less at the beginning? (no rent) Is it just a pain in the butt for the renter? How does that shakeout in the end on most years? (Make more or less money than straight renting)

Anywho thanks for the great answers.

Less risk, less input, less reward.

**ISUAgronomist** · 12-20-2011, 04:53 PM

Originally Posted by Tre4ISU

Less risk, less input, less reward.

This. Crop share (50/50) worked well for our family because my uncle and my mom made it work.

With the cash renting situation my mom makes more money, has less risk, but loses some tax advantages. Overall, renting is better for her due to stability.

For my uncle, we don't charge him a high rent price so that offsets him taking on the entire risk himself. He has the potential to make even more money than before.

**Boxerdaddy** · 12-20-2011, 05:18 PM

So in my above scenario....what could each party expect to net in a year? (150 acres splitting all "costs") Land in cedar county averages 179 bushels /acre. That's about all I know. What would reasonable "costs" be an acre to split? Would it be wise to figure half corn and half beans in rotation to give you a good "any year" estimate?

I think the best thing I have going for me is that I realize I know absolutely nothing about this!

And thanks again guys I really appreciate the info!

**kingcy** · 12-20-2011, 05:55 PM

Here is my two cents.

Just because you buy a farm doesnt mean that is the last dollar you need to spend on that farm. It takes money over time to keep a farm up and nice. Any time you have a farm agreement with a farmer have a contract on it, dont do a handshake verbal contract. As a a farmer I have a hard time cleaning up the mess left by others. Yes over time I will work at it to make the farm better but its not something I get excited about doing when there are other things I need to take care of, that happen on my watch.

Someone mentioned coustom farming, there are a lot of bad coustom farming jobs out there. When a guy does do coustom work guess whos stuff gets done last and maybe in not so great conditions. You also have to know a bit about farming to make this work right. The costs to plant a crop isnt cheap either and you also have to maket the grain. You also have to keep things looking nice if you want them to look nice.

We have some 50/50 agreements they work well for the most part. But keep in mind the farmer is going to farm it his way and there will always be bills to pay and grain to market. Ours are 50/50 inputs and grain we provide the labor for the crop. We also keep new trees cut and everything mowed up.

Renting it out is a good way to go you get a check twice a year and you can go look at the crop at anytime and dont have to worry about crop inputs or selling grain. You also can brag about your land and how much rent you are getting. Again the farmer should keep new trees cut and everything mowed up looking nice. Flex lease is also a way to go that is a way to get paid more if the yields and market does good and you dont have any crop input costs.

**kingcy** · 12-20-2011, 06:00 PM

Originally Posted by Boxerdaddy

So in my above scenario....what could each party expect to net in a year? (150 acres splitting all "costs") Land in cedar county averages 179 bushels /acre. That's about all I know. What would reasonable "costs" be an acre to split? Would it be wise to figure half corn and half beans in rotation to give you a good "any year" estimate?

I think the best thing I have going for me is that I realize I know absolutely nothing about this!

And thanks again guys I really appreciate the info!

It depends on the price and the yield and what input costs are. There is a lot to go into how much you are going to make. If you have 25000 Bu of corn and the market moves $1.00 thats a lot of money. If the price of fert doubles your input costs could go up $50 to $80 an acre. It is a big risk.

**CyCrazy** · 12-20-2011, 06:16 PM

My 1/3 cent. RR bentgrass was shot down which sucks. Please people Roundup ready bent is fine.

**Tre4ISU** · 12-20-2011, 06:17 PM

Originally Posted by CyCrazy

My 1/3 cent. RR bentgrass was shot down which sucks. Please people Roundup ready bent is fine.

I bet you would like that wouldn't you?

**Boxerdaddy** · 12-20-2011, 06:25 PM

Originally Posted by kingcy

It depends on the price and the yield and what input costs are. There is a lot to go into how much you are going to make. If you have 25000 Bu of corn and the market moves $1.00 thats a lot of money. If the price of fert doubles your input costs could go up $50 to $80 an acre. It is a big risk.

Oh of course I figured it's highly variable. I didn't know if there was a number that farmers used to estimate their cost per acre per year. Say one for corn..one for beans...etc.

**Tre4ISU** · 12-20-2011, 06:26 PM

Originally Posted by Boxerdaddy

Oh of course I figured it's highly variable. I didn't know if there was a number that farmers used to estimate their cost per acre per year. Say one for corn..one for beans...etc.

Thats the great thing about farming. You never really have a handle on anything until it is bought or sold.

**cychhosis** · 12-20-2011, 06:32 PM

Originally Posted by Incyte

At 50% down you'll need somewhere near $600K I'm guessing to buy. Unless you buy on installment of course.

Farm Credit Services told me yesterday, they won't go over $5K/acre... in other words if you buy $8500/acre ground you would need to have $3500 down payment. This was a loan officer talking to a high school class.

**cowboycurtis** · 12-20-2011, 07:27 PM

Originally Posted by rebecacy

Glyphosate resistance does not mean a super-weed. There are a whole set of biochemical pathways that can be desrupted to kill a weed. You are an agronimist, you know this...... let's not over react and start calling people names. Sheeesh.

I hate to get this thread going in the wrong direction again but this has to be the one of the craziest things i have ever read. Do you not know that waterhemp has developed resistance to 5 different herbicide families? Waterhemp has already developed resistance to the genes that Dow and Monsanto are developing now for insertion into corn and beans. Roundup, Callisto, 24D, Dicamba, and Pursuit will not kill waterhemp now. Your Monsanto blinders are so think its almost laughable. You probably believe that rootworms havent developed a resistance to Yieldgard RW either.

**WeedCyntist** · 12-20-2011, 07:33 PM

Originally Posted by rebecacy

Mis-use is the problem, not RR alone. Let's put the blame were it belongs. Please. And when glyphosate resistance occurs, there is a whole litany of other products that will take care of the issue.

Just to add my two cents on this debate, I have growing in the greenhouse waterhemp (from different populations) that are resistant to glyphosate, hppd (Callisto, Laudis, Impact, etc), PPO (Cobra, Reflex, etc), and of course ALS (Pursuit). Several populations have multiple resistances. There is a population by Mt. Pleasant, IA that is glyphosate, HPPD, triazine, and ALS resistant. Up the road in Washington, IA there is PPO resistance. Waterhemp pollen can travel (conservatively 3+ miles a year) time is not on our side and there will be waterhemp resistant to a lot of the post emergence chemistries that we have. It is not wide spread but mismanagement will bring this problem to a head sooner than later.

Waterhemp populations that are glyphosate resistant have exploded this year. I have sampled over 186 populations from around the state from problem fields and will test them for resistance to each of these chemistries.

Get out the cultivator.

**ISUAgronomist** · 12-20-2011, 07:35 PM

Originally Posted by WeedCyntist

Get out the cultivator.

Cold, hard steel

**rebecacy** · 12-20-2011, 07:42 PM

Originally Posted by cowboycurtis

I hate to get this thread going in the wrong direction again but this has to be the one of the craziest things i have ever read. Do you not know that waterhemp has developed resistance to 5 different herbicide families? Waterhemp has already developed resistance to the genes that Dow and Monsanto are developing now for insertion into corn and beans. Roundup, Callisto, 24D, Dicamba, and Pursuit will not kill waterhemp now. Your Monsanto blinders are so think its almost laughable. You probably believe that rootworms havent developed a resistance to Yieldgard RW either.

Resistance is evolution at work. It is to be expected. Good problem to have. Technology will continue to stay a step ahead. The sky is not falling. A little bit of knowledge is a dangerous thing. Go Cyclones.