Shared farming is where the landowner collaborates with a farm contractor in a shared farming agreement.
The landowner has the land and supplies the materials (i.e. the seed, fertiliser and spray chemicals). The contractor supplies the knowledge, experience and equipment, along with the time and commitment to run the farm on a day-to-day basis.
When the harvest is complete, the crops are sold and all the costs are paid.
The landowner receives a financial return for the land. The contractor receives a contractor’s charge. Any profits for the year are divided between the two at an agreed percentage split.