Luke Stronach

And the reason you want that as an investor is if the price of pecans or almonds goes up, you want to be able to participate in that.

Well, exactly.

And you have to watch out for that.

From the farmer's perspective, and he certainly has a perspective,

if he has a lot of real confidence in himself, he's going to want to pay you a cash rent.

He's not going to want to share very much with you.

Well, you're really not going to find rent per acre with, with pecans.

You're going to see revenue sharing agreements almost all of the time.

But if you, if you want to break it down to a, to a good year, I mean, to a really good year, if you want to look at it that way,

You could somehow break it out by acreage and sometimes see that $400, $450 an acre, if you want to look at it that way.

Right now in the Midwest, you see a lot of farmers that are paying rent of... And look, corn is not my swim lane.

I'm completely out of it.

It's not part of my thesis.

So don't hold me to this to the dollar, but you'll see a lot of farmers...

down in Louisiana with rice up in the Midwest with corn paying, you know, 200, 250 an acre rent.

Right.

So just basically in return, what you're what you're looking for, OK, is you're looking for some sort of a combination in the appreciation of the value of the land.

OK.

And then that annual yield, which you're getting off of the rent.

OK.