Farm Lease Program Commencing 2010 in the Northern Region
Minimum bid and terms of the lease
Location:		Pequest WMA			In-kind Worksheets with crops and activities for 1st year of leases
Lease number: PEQ01		1 of 1
Habitat Patch ID	Acres	Weighted rental value per acre	Minimum bid		In-kind Contributions - Planting
202	5.13				Planting (including field prep. & fertilizer), Herbiciding, etc.
*204	8.86				Value	Crop	Cost per acre	Acres
207	3.47					field corn	$370.00
208	2.43					soybean	$210.00
209	4.55				$3,000.00	sorghum	$300.00	10
210	6.90					rye	$180.00
212	4.80				$1,800.00	legumes and forage greens	$200.00	9
*301	11.38				$1,500.00	warm season grasses	$500.00	3
302	4.18
*304	13.48				In-kind Contributions - Other Services
401	6.58				Mowing, disking, plowing, etc.
*402	18.07				Value	Activity	Cost per acre	Acres
403	2.35				$550.00	mowing	$50.00	11
405	9.13					disking	$35.00
*406	9.94					herbicide	$100.00
415	8.36					plowing	$75.00
416	6.26
417	9.50				$6,850.00	= Total for all in-kind commitments
418	6.91
423	5.19
*501	12.44
505	7.17
507	7.82
Sub-total	174.9	$49.55	$8,666.52
Discount			20%
Adjusted minimum bid			$6,933.00
In-kind contributions (planting, etc.) - not negotiable			$6,300.00
In-kind contributions (mowing, etc.) - not negotiable			$550.00
acres to mow per year =		11
Value of in-kind commitments			$6,850.00
Minimum Annual Payment			$83.00
*These fields require a 50' field border. The acreage listed has been adjusted to reduce the field size for this buffer.
					C:\Data Files\Wildlife Management Areas\Habitat Management Plans\Farm Program for 2010\FARM LEASE PROGRAM FOR 2010 STATEWIDE.XLS