Boone & Crockett - 2/20/2024 08:53
coup - 2/20/2024 07:22
Burdick - 2/19/2024 16:10
This is what I meant what if you don’t even get the cash rent back let alone the cost of inputs I think it is coming. There is $600 rent in central Illinois and a lot of of $500 plus
$5-$600 rent is a better deal when you figure 5% int on owned ground that would sell for $15-$20,000 acre. @ current prices profitability is being subsidized by the land owner.
Yup. As crazy as that sounds to a prospective tenant, it’s absolutely the way it is with cash actually being worth something again. Completely changes the way things should/need be looked at.
IL Crop Breakevens
