Just heard of a 800 acre lease a friend of mine got in on in Fitzpatrick. $30 per acre and they felt lucky to get it for that. The previous leassors (?) had been paying $45.
$8 bucks an acre is a pipe dream anywhere within 100 miles of Mobile, Pensacola, Mtgy, Bham etc or the Black Belt. Sure there are Unicorns and some people lease from some old lady their family has known for 3 generations. Average in those area's I described starts at $10 and goes up for a decent place.
Robert I had the opportunity to get in on this lease and would have done so if my plate wasn't full with what I already have. I can only handle so much and don't have time to properly hunt what I have. The offer in that area was very tempting and I still do not like the fact I had to decline.
