By Lauren Shepherd, AP Business Writer. NEW YORK â Brinker International (EAT), owner of the Chili's Grill & Bar chain, said Monday that it will sell a majority stake in its Romano's Macaroni Grill to a private equity firm. Under the agreement, Brinker will sell most of its stake to Mac Acquisition â a unit of Golden Gate Capital â for $131.5 million in cash.
Farms between 1000 and 4000 acres have non-land costs between $186 per acre and $200 per acre (see Table 1). These farms have roughly 70% of their acres cash rented, with average cash rents ranging from $206 per acre up to $242 per acre.
Cash rent is $290 per acre, roughly the average cash rent level in 2014 and 2015 in central Illinois. The five highest costs are cash rent ($290 per acre), fertilizer ($148 per acre), seed ($124 per acre), machinery depreciation ($69 per acre), and pesticides ($60 per acre).