Anyone know anything about this?

[farmaholic]

http://www.gdtgroup.net/

[SASKFARMER3]

Ill check around this week but it sounds like the dip shit who was paying way to much south of regina is now selling.

[SASKFARMER3]

Yes. 62.53% (2,455 votes)


No. 33.8% (1,327 votes)


I'm not sure. 3.67% (144 votes)


Total Votes: 3,926

So the Dippers and Liberanos could only muster up support for some 1300 votes.
Its a joke poll like the CWB joke plebiscite like the friends of the CWB like the Farmers Union. It goes on and on and on.
Farmers were asking for change since I was a little boy and all the CWB ever did was give us lip service now finally it looks like we will see that change HAllelujah I'm having a wonderful day.

[bucket]

You gotta admit, its good for the sellers that get the big money. But it does play into those that say the small farms are disappearing.

Wonder if can be split up. Lots of guys who accumulated land one quarter at a time won't split it up.

Thats why corporate investment farms are doing so well. The smaller guy can't buy just one or two quarters.

They bigger they are the harder they fall.

[farmaholic]

Saskfarmer: I tried to buy a quarter of land near me assessed at 57900(clay loam, a high quarter with good drainage against a deep creek, 150 cultivated acres. As a starting point I offered him 90K. A few days later the seller received a written offer(with deadline) for about 145K, about 2.5 times assessment, from someone else. That is about 1000 dollars per cultivated acre, needless to say I never made any counter offers, but told the seller to contact me if the deal doesn't go through. I personally think there is room for a (price)correction, and it is down. I could have made it "work" even at 2.5 times but there were about 4 things that helped me make the desicion not to pursue it any further. Who knows, I may get another chance at it again later!!

[ALLFARMER]

What's the four reasons? I can't imagine any
openland around here selling for under 1000 an
acre. Bush land averages 80k. Land in Alberta is
a one shot deal, one chance a lifetime, often land
just sells and you hear about it after it's sold.
You don't even get a chance. 210,000 more
people in the world every day ...that is demand.
Over the last 9 years here my land has averaged
14% that's a long way from a land value
reduction.

[farmaholic]

Allfarmer:
1: I will be working alone soon(aging father)
2: Son doesn't seem interested
3: I am comfortable(only 2500 acres)
4: Not real comfortable with the price.

Some land here in the early 80's was selling for 80-90K. About 3 years later same dirt was worth about 50k, it took til just a short while ago it was back to that early 80's price(and now better). I don't know if I have that much time.

I fully understand your position and reasoning, you are right but everyone's circumstances are different.

[DogPatch]

That offer for $145000 is likely a family member or a buddy trying to blow smoke up your butt and to make you blink. You made a wise decision to not fall for it......I am a betting person that he will not sell it.

[freewheat]

Some places land is based on actual agricultural capacity, not based on city slicker speculators. When you are rural enough, few want land badly enough to pay 1000 an acre. Farming until this year at least here, sure wouldn't pencil it.

[blackpowder]

For once I envy farmers in Sask.
50 bu. wht land here for $2-2200.
All farmer purchases. Too expensive for land corps.
I hope its $3000 when I retire or forced out. If it falls much bank will call for more security.

[westsider]

same thing around here blackpowder. Its local farmers that have added the last $200- $400 /acre on the land not investors.

You KNOW land prices are too high when the suits back down because these corporations are making a business decision not an emotional one.

The sad thing is, these corps will be around long after we are.

[farmaholic]

When you do the math on the land on the website in the original post and include the machinery, it becomes alot of money. It won't be the average guy looking to purchase this. You have to wonder what the original purchaser's motives were.

[poorboy]

Never know, any land in southern Sask may be a steal when the CWB is gone. No reason to assume that the grain will not go south to the river system and southern ports next crop year.

So instead of the most expensive freight on the prairies, perhaps Sask will be much more competitive than say Alberta which will still have to rail to the west coast.

Interesting times ahead and we need to start thinking how the new changes will affect us.

[husker]

Latest rumor sold last week to a BC outfit representing asian interests

[$short]

Isnt there foreign ownership laws that limit the amount of land non-canadian people can own.....