Weird question here but the land I hunt exclusively has beans and corn planted by someone other then the landowner. The landowner has given me permission to go about the land as it is mine. I want to ask the farmer who farms the land to leave up about 2 acres of beans and 2 acres of corn. To anyone who has knowledge of how much they would make off an acre of beans and an acre of corn, about how much should I offer? I don't want to offend anyone I would like to pay him for his work and what he would receive if he harvested 2 acres of each.
http://markets.businessinsider.com/commodities/corn-price http://markets.businessinsider.com/commodities/soybeans-price This is what they are going for as of today for prices.
Keep in mind that he will then have to come back at some point and work that ground separately. So, in addition to lost revenue, they will have to make a special trip to come mow down the stalks and work up the ground. Most guys are not going to be interested in doing that. For that reason alone, you may have to offer far more than what little profit they are out. Corn and bean prices are very low right now and input costs are high. There is little profit to be made per acre on the crops themselves. A lot just depends on how badly the farmer wants to mess with it. Money may not be the deciding factor.
I agree with Fletch. You have the market values today. There's no way to apply that to your specific hunting area though because there's no way to know what the farmers yields will be there. He will have to give you a dollar amount he's willing to take to do you a favor and you'll have to decide if that's fair enough for you to be okay with it is basically what it boils down to. If it were me, I'd say $500 per acre this year. My beans are going to go somewhere north of 50 bushel per acre (I think and hope) and corn around me (I planted no corn this year) is averaging around 180 bpa. Apply those prices posted minus a discount for local sale and a little extra to account for the hassle and you're basically at that 500 price range. Can't really account for him not handling the grain because it's just as easy to cut and haul it while he's there than not.
Our farmer has agreed to leave some beans in for us and simply charge whatever market price is at the time he cuts times the avg bushels per acre he gets off that farm. As Covey said most farms average around 50 bushels/acre x $10/bushel (give or take) and you're looking at $500 per acre.
