This Hancock County, IL farm with an average PI of 122 is available for lease. The 10 year average crop insurance proven yields are 235 for corn and 67 for beans.
There are 60,000+ bushel of modern grain storage with dryers, aeration fans and power sweeps that are available for the 2024 harvest and every lease year thereafter. There are rock lots around the bins. Electricity at every bin site and building site.
There is very wide driveway access to bin sites, building site, and farm. There is a gravel road on the east of the farm, black top on the north end.
Renting the tillable ground along with the grain bins is encouraged but the bins are not binding to tillable acres and may be rented separately. The grain bins will rent for 16 cents a bushel. Pay half up front and half when bins are emptied. Tenant will also pay any overage of average monthly electric bill for bins.
The landowner will maintain any conservation structures (risers, basins, etc.) as well as maintain all road ditches and field edges (mowing and spraying). Lime is being applied by VRT by Helena this week, December 19. Any low PHs will be addressed.Owner will also be having Helena apply P and K with a straight spread across entire field as soon as field surface will allow. This should bring all grids to acceptable or better levels plus give new tenant a good start for the first year of production .Lime, P, & K product and application will be around $115.00 per acre paid by owner.
Landowner will require a bank letter of solvency for any tenant to be considered for the lease and will also require annual yield data from the awarded operator.
The property is available for lease for 3 year(s) starting from January 1st, 2024.
