Farm Lease Program Commencing 2010 in the Southern Region          
  Minimum bid and terms of the lease          
                   
  Location:   Logan Pond     In-kind Worksheets with crops and activities for 1st year of leases
  Lease number: LOG01 1 of 1            
  Habitat Patch ID Acres Weighted rental value per acre Minimum bid          
  1 8.4       In-kind Contributions - Planting
            Planting (including field prep. & fertilizer), Herbiciding, etc.
            Value  Crop Cost per acre Acres
              field corn $370.00  
              soybean $210.00  
              sorghum $300.00  
              rye $180.00  
              legumes and forage greens $200.00  
              warm season grasses $500.00  
                   
            In-kind Contributions - Other Services
            Mowing, disking, plowing, etc.
            Value Activity Cost per acre Acres
              mowing $50.00 0
              disking    
              herbicide    
              plowing    
  Sub-total 8.4 $52.92 $443.52   $0.00  = Total for all in-kind commitments
  Discount 20%          
  Adjusted minimum bid $355.00          
  In-kind contributions (planting, etc.) - not negotiable $0.00          
  In-kind contributions (mowing, etc.) - not negotiable $0.00          
       acres to mow per year =   0            
  Value of in-kind commitments $0.00          
  Minimum Annual Payment $355.00        
                   
  C:\Data Files\Wildlife Management Areas\Habitat Management Plans\Farm Program for 2010\FARM LEASE PROGRAM FOR 2010 STATEWIDE.XLS