Will Prices For Wheat & Barley Go Up on Aug 1st?

[ASRG]

Green valley: It is NEVER net! It is always based on gross. This was established a long time ago at the Surface Rights Board. If some landman is telling you net.....he is lying to you. They even teach gross return in the land agent courses!

[GreenValley]

Will see, I will find out for myself.

[GreenValley]

ASRG, just called Farmer Advocate and ur
statement is true. Yes land man while
ago lied to me. Looking forward as more
Annual Compensation Review coming and
will use gross based instead of net
based. Wow maybe break 350/ac barrier, I
think it may. Thanks again.

[GreenValley]

ASRG, just called Farmer Advocate and ur
statement is true. Yes land man while
ago lied to me. Looking forward as more
Annual Compensation Review coming and
will use gross based instead of net
based. Wow maybe break 350/ac barrier, I
think it may. Thanks again.

[ASRG]

Green valley: How can you tell if a landman is lying to you......his lips are moving!
Now that isn't completely true...but remember this: The land man isn't working for you. His job is to get the cheapest deal possible....in fact if he isn't bringing home the bacon...he's gone!
I have taken the land agent course and it is unbelievable what is taught there. A very biased view about landowners and how to deal with them (screw them).
Your best bet when dealing with a land agent is to know your yields and prices. You can back this up with reciepts/crop insurance measurements/ local commodity prices/ and most IMPORTANT....talking to your neighbors!
As I said earlier: the "pattern" east of Red Deer for adverse affect is $2200. This is the oil companies number that they are trying to establish....it is a low ball figure....some farmers have got more. Because the companies want to protect their "pattern" low price often extra money for adverse affect and loss of use can be negotiated as a "land consideration" or a "special consideration"! I've seen dozens of these little sweetheart deals.....just make sure you get it in an addendum for future reviews!
Incidently, I'm helping a friend today do an annual rental review (3 acre CBM site). The company is offering the "pattern" for this area of $2200 adverse and $450/ac loss of use. We have already told them that won't work......asking $3000 adverse and $550/ac loss of use....Probably settle for $2800 adverse $525/ac loss of use....if not off to the SRB!
I think you said adverse affect for your area was $1900...ask the landman how come so much cheaper than east of Red Deer....or for that matter at Warburg, Buck Lake, etc. (which is also $2200)?
It might be worth your while to contact the Warburg-Pembina Surface rights Group? A couple of examples from their spring 2010 newsletter:

*3.51 acre surface site in hay at Rocky Rapids. Rent was $1900 increased to $4300.
*3.56 acre wellsite, busshland, Buck Creek rent was $2200 increased to $3650.

Karl Zajes is the president and assists land owner members negotiate deals. Lifetime membership is $50.
Believe me Karl knows his stuff...and he always wins at the SRB!
If you want his contact info email me at: albertasurfacerights@gmail.com