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 Oct. 31, 2022 Source: CashRent news release (Morton, Ill.) -- CashRent, a data-centric farmland marketplace and land management system, announces another record breaking cash rental agreement has been facilitated through their site. A parcel located in Fulton County, Ill. brought a high of $490 per acre at auction close October 20, 2022, an increase of 63% of the previous landowners contract. "Our platform has allowed farmers to grow their operations to continue to meet the food production demands of the American people," states Chris Baumann, co-founder of CashRent.com. "Landowners have trusted us to find high-quality tenant farmers who will uphold the integrity of their land and that's exactly what we do." With consistent, revolving inventory of tillable and hunting leases available year-round, CashRent.com is quickly becoming an industry leader in land lease opportunities. "More often than not lease agreements are made in a silo between landowner and farmer or hunter without opening bids to other potential tenants," said Brad Belser, co-founder of CashRent.com. "CashRent.com has allowed for transparency with the leasing process with more farmers having access to ground they may not have been aware of and creating a free market economy where a price is not dictated by one individual but rather the demand in the area." The CashRent platform has quickly become the most trusted platform for American landowners to find new, quality tenants with the average landowner receiving a 40% premium to their previous cash rental rate. About CashRent CashRent is a fast-growing, data centric land acquisition platform committed to transparency and modernization of the land leasing and land sales industry. To learn more, visit www.CashRent.com Tweet |
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