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west Tennessee | 420 acre tract today........ sealed bids.....bottomland...... NON Irrigated...
drainage is fair at best
Ph is good
fertility is low to moderate
700 lb fsa direct payment cotton yield.
about a 40 dollar per acre direct payment
Previously was the highest rent in the State at 187.00 per acre
six year lease
high bidder today paid $ 227 . 00 cash in advance
the bidder intends to raise corn
I know its not high as compared to corn land in the corn belt, but this is in a county with a 110 bushel average yield.. this farm could average 150 bpa......
just my rent update, curious as to your thoughts........... Dave
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Rents Going up and up and up...........
