Think about renting farm out

[poorboy]

Pars made a good comment earlier about renting the farms out for next year in the areas with too much moisture.

For those of you who did not seed this year or have not been able to seed for a couple of years there may be an opportunity to rent your farm out for next year. Perhaps pocketing a good cash rent paid out front would be better than not being able to plant a crop next year.

I would think that if you advertise heavily and perhaps group together with enough neighbors to offer a large enough acreage base that someone will come in and rent it. For a farm with a good crop and price this year they may be willing to take on the risk of renting land.

For those of you that are scared it will be too wet to seed next year, perhaps a good $ from cash rent in your pocket would be the smart move. It might take a few months to get it rented out, so assemble an adequate amount of acreage, advertise it heavily outside of the area, and ask a fairly high amount of rent (this can be lowered in 2-3 months if there are no bites), and be patient.

I am not interested in renting any land, but have heard some rumblings from high risk takers that they would be tempted to rent 5-10000 acres in the high risk/high yield areas to try their luck. Most of these operators would probably even rent for 1-2 years. Problem is they don't know who to rent from or how to get the acres in a block. This is where it is important that those who want to rent it out start advertising.

Not an option for all, but for those who are stressing out on not being able to seed next year, perhaps sure $ in your pocket will help you out.

[bucket]

And then what - have them walk away without paying or leaving it in worse shape.

People are not stupid, especially people with money.

Anyone that has read the news knows it could be difficult next year as well.

[furrowtickler]

rent out to who??

[parsley]

No, people are not stupid, especially once they walk their farm and view it with fresh eyes. Think Japan for a moment:

(recapping

Key statistics:

**Japan’s population is over 127 million.
**Japan is New Zealand’s number two beef market by value, at $188 million (FOB).
**Imported beef is 60% of the beef market in Japan.
**80% of New Zealand beef exports to Japan are frozen product

http://www.beeflambnz.com/main.cfm?id=31&nid=280

Poor boy can smell his grass with all that moisture. Just close your eyes and visulaize fat cows. LOL (For Iceland? Or Saudi Arabia? Or Hong Kong:

Poorboy cows in pasture owned by Japanese = Marketing Plan.
or

Poorboy his own frozen cow steaks = Marketing Plan.

or how's about

Poorboy land rental = Japan

Pars

[parsley]

From Wiki:

"Some of the biggest Wagyû herds outside of Japan are farmed in New Zealand, both in feedlot and pastoral environments"

Wagyû are Japanese cattle. Pars

[parsley]

We shipped breeding stock to Japan year after year and they are excellent to do business with. Tough, but excellent.

Re-view their status on the economic page I posted yesterday.

They are credit worthy. Pars

[freewheat]

If they can get in a crop, so could I. If they can't, why would they pay me, along with the cost of keeping it in condition?

I know you are trying to lend some advice, and it is appreciated don't get me wrong, but I think the risk is too high. Water is running, water is everywhere. Water where it has NEVER been seen after a 6 foot snowfall melted away. In September. I am in a no drainage allowed zone. Save a cabin owner, wreck hundreds of farmers livelihoods.

Nobody would be stupid enough to try. Sorry, but that is the truth.

You can't fathom how wet it is. I live here, and I didn't even know until I actually drove a tractor on the land for the first time this year a week ago. It is bad. VERY,VERY bad.

[bucket]

Hey, why not sell out to the credit worthy countries and become an employee?

Just like IPSCO, potash .....

Like all good ceo's that take the money and run.

Then we can all talk like david sutherland about the benefits of foreign ownership.

[parsley]

Land ownership transfer to foreigners is an option, isn't it. Not my first choice, but definitely an option.

Renting out is also an option. I know Snowbirds who rent, rent out, and own property in Arizona. All three.

Pars

[bucket]

And in the history of their farming career - did they witness what most of the posters have in the last decade?

I am old enough to remember when my dad made his money. Just starting to realize how he kept it. Unfortunately, I am a little slow on the learning curve.

Years like this **** up the best laid plans and even bankers believe me now.

[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!