I am looking at leasing some farmland to raise alfalfa, I have not net looked at the property yet, I am going to go drive by it tomorrow; it is about 26 miles from our farm. With my conversation with the guy he is wanting enough money to pay the taxes, and half the day. It has about 143 tillable acres with a total of 153 that is irrigated, and a total of 227 acres. From what I understand from the previous guys that have farmed it they could get about four ton per acre. It has not been farm for a few years, and would need to be broke up and reseeded.
What should I be looking out for?
Leasing farmland
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