Think about renting farm out

[parsley]

The point is, there are many options.

Opportunities. I am very guilty of seeing farm land as offerring limitless possibilities.

And bucket, I am also terribly guilty of viewing farmers as a skilled, focused group, with a lot of decency built in. That kind of combination is viewed as very valuable when business looks for partners.

For entreprenurship.

I see such potential.

I'm just a bit dull in the head seeing half full while most see half empty, but there you have it. Besides, I have to check my mole traps. I've trapped moles 58 in the yard. You may not view trappers as exciting, but I am tenacious. Pars

[SASKFARMER3]

Only problem pars is that we live in Canada where you only get one chance to get a crop in ground one chance for time to spray one chance for summer rain and one chance for nice run in harvest. So I guess western Canada is a one chance a year area. Now Brazil and other areas you have a few. So big boys will play if global warming continues and the far northern fringe areas win out.

[parsley]

90 days of good growing is not enticing, I agree.

Now, compare the production gleaned from those 90 days to at least two possible crops a yr on, say, the African continent.

It's the farmers, not the weather. The social climate, not the the weather climate.

Self-made/earned advantage trumps. Pars

[riders2010]

ah ha ha ha aha aha ha ha ahahahahah, Yep we cannot even walk on some land and someone is gonna rent it????? for what mud wrestling???? Holy crap is this coming from Ritz's office? maybe sask99's accountant. But hey here's another scam rent it to some one with a 160 buck margin when it is too wet to seed, all you want in rent is what about 120 bucks an acre and the renter can keep the 40 bucks. You know i bet there are some gonna scam it that way maybe different numbers but still scam it.

[freewheat]

Saskfarmer99's accountant. HAR HAR HAR. Good One!

[poorboy]

I was only offering a possible suggestion for those who are in the unfortunate situation of not seeding this year or previous years and are worried about not being able to seed in 2011.

In your immediate area all the neighbors are in the same situation, nothing seeded, no crop and no cash reserves. Land prices will not be supported by local area farmers and land rents will not be high from locals either. I do think that there will be people who WILL RENT YOUR FARM and pay you cash up front and take on the risk of getting a crop in 2011.

I think that there are lots of big risk takers who have deep pockets and will try to grow a crop in 2011 on these wetter fields. Most of them are probably from out of your local affected area and could absorb a loss if the risk/reward ratio is good enough. If wheat goes to $8, canola $12, peas $8,etc. there is incentive for the risk takers to try renting wet fields.

The advantage to some of you may be the sure cash rent(possibly with a bonus if the gross income exceeds amount x), vs the risk of not seeding a crop in 2011.

Some of the potential renters could also be thinking of buying land in the area. It is very easy to say NOBOBY WILL RENT THIS LAND, but until you get a block of 5-20,000 acres assembled and ADVERTISE it heavily outside of the affected wet area, how will you know if it could be rented.

A lot of opinions on here that it will be too wet in 2011 for much of a crop, so I was just trying to throw out ideas for those that losing hope.

Pars, I am not thinking of big international players to rent this land. They are more of a long term thing. I think there are some of local farms/feedlot owners who will jump at the chance to rent more ground if grain prices are good. A lot of these operations already own farms in multiple locations and have a lot of machinery and labor at their disposal.

[grassfarmer]

From Bloomberg:
"Michael Burry, the former hedge-fund manager who predicted the housing market’s plunge, said he is investing in farmable land, small technology companies and gold as he hunts original ideas and braces for a weaker dollar.

“I believe that agriculture land -- productive agricultural land with water on site -- will be very valuable in the future,”

He doesn't say how much water he wants on site ;o)

[riders2010]

Was just wondering are some of those people maybe wanting to expand their marijuanna operations? Because that would be the only people besides the agristability scammers stupid enough to rent land that cannot be seeded!
And ARE YOU STONED RIGHT NOW? COME ON BE HONEST you have to be! Maybe so organic mushrooms!!!

[riders2010]

sorry grassfarmer the above is to poorboy

[poorboy]

riders2010,

I am not sure that anyone will rent land in the wet areas, but I think that there is a good possibility, and the only way to know is to advertise. It is a long ways to spring planting and someone may be willing to rent wet farmland and take the risk of getting a good crop with high prices.

I am only throwing it out as a suggestion. In reading this forum all spring it is apparant that this wet weather is taking its toll on people involved both emotionally and financally. I was only offering the idea as a possibility that perhaps had not been thought of.