2010 Land Rent

[Hopperbin]

My options sell 2009 crop and pay off all my debts not having to sell any machinery.
Rent the land base out for 130,000 dollars per year. Maybe keep farming 4 quarters to keep farm status and corporation active. I am only 45 years old, why do I struggle with this? This all said there was a lot of money to be made in the last few years.

[SASKFARMER3]

But the highest payers in our area are ususally have to be chased to pay. Phone calls etc. Any one combining took grain as payment. Hm how is the Moosejaw high payers doing. with no market for their Durum.

[silverback]

Come on you guys, you are still playing little league over there. Come over to the Calgary/Airdrie/Crossfield area where some people think $70 plus is easy money. Some are rumored at $80 plus.

Now also remember that this is dryland, not irrigation, that will yield similar to what you guys are quoting out of Sask. and Man. (Wet years it does do well)

[checking]

I didn't say it right for you.

"The turkey is the largest cost factor." No!, the headache they threw in at the end is the largest cost factor, then the hidden taxes. Taxes that, in effect, the second Sam at my table has picked up for me by providing the lost leader on the turkey to get me into his store. It's likely provided on the study that once there, I'll purchase some road hazard insurance in the form of a tire in order to make it to the Thanksgiving dinner on time.

I think these organization have cooked and stuffed their averages to make the hidden tax number look worse than it needs to be. I'm selfish. I always look at the bottom line.

[silverback]

Do it hopper. Like you said, why deal with all the stress of the past difficult crop season.

Heck, some people are going crazy. Driving around I see so many bin rings filled to the top right on the front lawn...

[Fransisco]

"I didn't say it right for you."

Well then you're two for two, cause I still don't have much of an idea what you're getting at.

"Taxes that, in effect, the second Sam at my table has picked up for me by providing the lost leader on the turkey to get me into his store. It's likely provided on the study that once there, I'll purchase some road hazard insurance in the form of a tire in order to make it to the Thanksgiving dinner on time" ????

[SASKFARMER3]

But guys its a business and if I can grow as much as the Idiot that's paying 80 an acre or 50 on 32 Dollar ground then they wounder why I have all the toys. HM doesn't take a brain surgeon to figure out that their over paying for the land.
Canola say 55 an acre x 9 = 495
Calgary Genius 80 - 495 = 415
Sask 32 - 495 = 463
Diff 48 on 10000 acres = $480,000.00 Hm but he is farming expensive dirt that he will never ever own. Here with the extra profit you buy the damn dirt some day and its yours not some speculator.

[mbratrud]

We are looking at going to a % of Gross Sales across the farm. Anyone try this? Anything to look out for. Our Yearend is July 31st So this should work well. We would take the gross sales of the farm devide by our acres and pay 15% - 18% (depending on land quality)of that number to the land lord on his/her acres. Any Unsold grain at July 31st would be brought to market on paper. This should diversify the risk for both sides.

[checking]

Told you, it was only moot.

Three for three then.

Would you agree that the average shopper shops at Wal Mart? And that this study is based on averages.

"All told, for a Thanksgiving feast
for a family of ten, the government takes a bite of 40.91 percent." Why didn't those two organizations stop there? That is the story they are trying to get out. Why muddy it with $ signs that can be questioned?

[Fransisco]

So because they didn't look for the best price on turkey's you're saying their tax figures might be wrong.

I agree that the point is moot because as I said before, it doesn't matter if one spends $5, $50, or $150 on a thanksgiving meal the tax rate would still be 40%. For every $100 spent on food $40 goes to government.

BTW- I wouldn't consider a $7 bottle of wine as a "premium" product.