What is farm ground selling for an acre? At 1000$ an acre near our Kansas farm not many would turn that down.Solar farm was just built near me . It started as 1200 acres and I believe it’s just over 2000 now . I’m in Mid Michigan and the farm was built on very good farmland . It’s a large spread out farm as many landowners would not lease . I do know that they are paying $1000 per acre per year for a 20 year lease .
With no moneys in an escrow to decommission the solar farm when it’s time many landowners said no .
As it decays there are emissions regardless.Ok. Regardless, fuel is used, and part of the stuff goes out the chimney.
As it decays there are emissions regardless.Ok. Regardless, fuel is used, and part of the stuff goes out the chimney.
In Northeast Ohio good farm ground is bringing $12k an acre...and sometimes more! (and those prices were a couple years ago...may be a lot more now...even though milk prices (to the farmer) are in the crapper)What is farm ground selling for an acre?
No increase , $1000 acre for 20 years .Does that $1000/acre per year rise with inflation? Inflation is knocking on the door of 10% right now, if not in 20 years that lease is essentially free.
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