Farm Lease Program Commencing 2010 in the Northern Region
Minimum bid and terms of the lease
Location:		White Lake			In-kind Worksheets with crops and activities for 1st year of leases
Lease number: WHL01		1 of 1
Habitat Patch ID	Acres	Weighted rental value per acre	Minimum bid		In-kind Contributions - Planting
102	5.9				Planting (including field prep. & fertilizer), Herbiciding, etc.
103	6.4				Value	Crop	Cost per acre	Acres
105	4.8				$740.00	field corn	$370.00	2
*107	10.0					soybean	$210.00
						sorghum	$300.00
						rye	$180.00
					$200.00	legumes and forage greens	$200.00	1
						warm season grasses	$500.00
					In-kind Contributions - Other Services
					Mowing, disking, plowing, etc.
					Value	Activity	Cost per acre	Acres
					$150.00	mowing	$50.00	3
						disking	$35.00
						herbicide	$100.00
						plowing	$75.00
Sub-total	27.2	$52.00	$1,412.23		$1,090.00	= Total for all in-kind commitments
Discount			20%
Adjusted minimum bid			$1,130.00
In-kind contributions (planting, etc.) - not negotiable			$940.00
In-kind contributions (mowing, etc.) - not negotiable			$150.00
acres to mow per year =		3
Value of in-kind commitments			$1,090.00
Minimum Annual Payment			$40.00
C:\Data Files\Wildlife Management Areas\Habitat Management Plans\Farm Program for 2010\FARM LEASE PROGRAM FOR 2010 STATEWIDE.XLS
*These fields require a 50' field border. The acreage listed has been adjusted to reduce the field size for this buffer.