Some one Explain the Pike management Land shares!

[farmaholic]

Sask: would it be fair to say these guys are still in their infant stage
AND working with other peoples money. If they are collecting money from ag programs, I agree with dave, their margins will deteriorate to the point they will never collect, just ask some guys that have had consecutive wrecks. When the investors are no longer seeing the "promised" return and want to pull their money out, the farms will fold like a cheap tent.

[dave4441]

I think Farmaholic answered your question. This thing is really just starting. I have seen interest from several international buyers and some don't just want return on investment. Some want a place to park cash. Some feel too much cash in their bank increase kidnapping risk in their own country. That is one reason. What about the affect on rich people of additional arab spring type movements in other countries? May happen if food costs escalate. People have all sorts of reasons to move cash into Canada due to our stability and i think the more you doubt this thing the more you are going to be shocked at what happens over the next 10 years (but we may be broke before we are shocked, lol). CAn you imagine 2 billion people in India with a land mass not much larger then Sask? I dont think we have any comprehension of that situation. It is coming. I struggle with these land values as it has totally disconnected from productive value, dont get me wrong. I was in China and seen the fear in government officials about food security. Their projections are grim. They told us they see the need for 2 million MT of field peas long term. 2 million? Where will that come from? Currently we sell them .5 million MT.

[LWeber]

Dave:

India land mass - 3,287,590 sq km

Saskatchewan land mass - 591,670 sq km (exc water mass)

They are going to grow 90 MMT of wheat this year and they suck at agronomics... so far.

[dave4441]

I am surprised at that. Thought i would not even be twice as large as Sask. You are correct though.

Bottom line is people are looking for food security and a number of the drive in land purchases is due to foriegn cash. Fronted by a landed immigrant from numerous countries.

[SASKFARMER3]

Dave I agree with what is coming. Now china it
might be a war and were done anyway. But the
whole thing is this way of farming doesn't pencil
out. I'll make it on the 10000 acres trust me. But
also would have liked to see the guy shop it
around first then liquidated.

[lakenheath]

Dave, you can about justify any business move or
reason for what is going on. You can say India
and China need food security and Sask land is a
perfect investment to source food security. U can
say we yearn for a capitalist system yet are
hypocritical in saying we want socialist land
ownership laws. Those are all interesting and
valid points, but open your eyes a bit. This our
country, our province, our land. These are our
rural communities being affected. Rural
Saskatchewan has a unique culture of
community, spirit and a rich cultural heritage.
Some want to keep this alive and see future
generations carry this on.

I believe in capitalist type govnt systems and
business cultures, but when when it comes to
food security and land ownership I believe we can
look outside the box a bit.

I believe only Saskatchewan farmers should own
farmland (just as it is in PEI). This farce that there
isn't enough capital in our province to do a
generational exchange of land is a complete
farce. Most land will be passed down to next
generation and not necessarily sold. Banks will st
up to provide the balance required.

We DO NOT need the Gary Pikes of this world
buying land through outside investors. A 5,000
acre farm south of Lafleche just sold out to Broad
Acres. Same story as SF3, nobody had any idea
these people were looking to sell. Now Broad
Acres is going to pull into that community with 6
drills, seed and leave. This hurts the local
community and adds zero value.

A farm that build piece by piece over 100 years is
gone. Everyone around is shocked. But according
to Dave and Arrogant Larry, this is business and it
is all good.

I hope the local farmers lobby the RM to charge
this foreign owner hundreds of thousands of
dollars to use those RM roads to haul grain and
transport machinery. Foreign ownership
transportation fees we will call them.

I say lobby your MLA for change. Demand
changes in land ownership rules. Open their eyes
to what is happening. I am going to be meeting
with Yogi in the near future and voicing my
concerns.

[LWeber]

When or where did I say this was good business?

I liked you better when you worshipped the CWB. Now that's arrogant.

[lakenheath]

When and where did I ever worship the CWB?

[lakenheath]

Larry,

Are you opposed to foreign land ownership
masked as Canadian investment firms and farms
such as Broad Acres, or are you all for these
things happening?

[tstep]

We have this old turd from Ireland thats buying land in the western part of Sask. This not right as all he is doing is screwing it up for the younger guys/gals. I think we have to stop this foreign ownership..