In Reply to: Re: Cash rent posted by Jack - Iowa on July 29, 2021 at 07:35:54:
If CRP needs maintenance, it becomes less lucrative.
I have a contract on 183 acres expiring in 2022.
I have an annual grass called Ventenata. It costs me around $20/acre to spray with a premergent herbicide. Not a lot of acres, but. I also have Multiflora Rose, an invasive shrub, also tough to kill. 32 years ago we had some Canada Thistles and Field Bindweed to spray.
My father put it in CRP about 32 years ago. 3 10 year contracts and a 3 year extension.
I'm not sure about Russian Olive, but I think with CRP, the income less the maintenance costs makes getting cash rent look better.