Money for grazing
We have about 2-3 acres of field that a local University wants to use for grazing sheep (20-30 of 'em). It would be from May-Sept, as the sheep are housed through the Winter. We let them do it for free last year, to see if it was something we liked. We are close to the U. so the transportation cost is lower, and they can have students come out to check. We live on 7 acres now.
Things to consider:
1. My wife works there.
2. We are not trying to make money, just want to cover costs.
3. Fencing needs to be fixed/fixed. The sheep got out 6 times last season. As much as it brings back memories of my childhood, chasing sheep now seems to be a chore!
4. We have a yard hydrant out by the field they use to fill the water buckets (our well being used).
The big question:
What should it be worth to them? They want to know if they put up fences (lots of cost and labor) they get to graze for a while (years). We are just trying to figure out what is fair. I figure a GOOD fence all the way around for 5 years of grazing?
Some ideas would help!!!