Why Arent ND and Montana Farmers Liquidating to Land Companies!

[SASKFARMER3]

Just back from ND and found something
funny. USA farmers in the northern
states are farming not quiting. They are
selling to neighbors or long term
renters. They are putting in set aside
if older its $47.50 an acre for 10
years.
Their doing what farmers do, Farm. Not
this BS thats going on in canada with
Land sales to Off shore money!
Winter wheat looks fricking awsome all
way down to S dakota. Ammonia is going
on up till Friday and some early wheat
was seeded just south of Minot.
Now the SE part of sask still looks
fricking wet and got some moisture.
Minot valley was really wet as it poured
a few times.
Basically on our farm in Saskatchewan
seeding will not start till earliest
30th. Weather is snowy cold shit right
till next monday.

[SASKFARMER3]

Oh yea take a drive to the valley part of
Minot around the fair grounds. Wow water
damage from last years flood wow. Old
church on fair grounds has water stains
past window ledge.
Bismarck south the dandilions were already
out. Warm south!

[SASKFARMER3]

How is the constant posts by you and others different than this:

I am sure many US and hawian citizens are getting tired of Canadian or other countries buying recreation and investment properties in their back yard.

Seems like every couple days you post another comment about your visit to another non canadian state or country.

Its not just you doing the same.

The real estate agents are partly to blame and convincing sellers of the opportunity. Many farmers are too cheap when it comes to buying out a neighbors as in Sask, we tend to have way too much jealousy for those that appear successful.

[bgmb]

Yeah sask I just don't get it either why are those
greedy neighbors selling out to investors and
outsiders for more than you will pay. and why
won't they let you cherry pick a few quarters first
wtf eh.

[SASKFARMER3]

Point blank both sales beside me.
1st no one knew he was selling till it
was a done deal with pike, No one had
chance.
2nd he had a realestate company and
guess what no splitting quarters off all
or nothing.
So again I ask why in ND are farmers not
getting out yet in Canada 56 Year olds
are leaving?
Hawaii and Florida and Phoenix have
always had canadians living their. Sorry
Dad was their for 22 years and my wifes
grand father was their in 60s. They need
Canadians. But do you really need a land
company owning all of Saskatchewan?
Really can you say WORKER!!!!!!!!!!

[freewheat]

MAybe in North Dakota this is sort of the case, but elsewhere, like in Iowa, illinois, etc.., where farming DOES not have a hope in hell of paying for land, farmers, especially young guys, can not afford to buy up land. Doctors, lawyers, and holding firms are buying it and renting it out at rates that would make your head spin, like 400 bucks an acre.

It is still "foreign" investors, who think land is a great place to park money. It is however, driving out young guys.

[Klause]

In your first post, you said that they are selling to
other farmers and long term renters.

How is selling to long term renters, any different than
selling to Assinaboia Capital Management, which rents
out long term?


I'm confused.

[highwayman]

Spoke to an individual from Fargo ND who stated he had just purchased non-irrigated farmland for 4500/acre in that area. Probabley price keeping investment companies out of that picture I suspect. Time to pay up or shut up if you desire more farmland.

[Burbert]

Comedians are TRYING ta get away from
Saskframer, BUTT he's everywhere,
getting the best deals. Bean the
greatest/best/most wonderful, framer fer
years now. He'll haunt ya in yer
vacation spots and in yer retirement,
cousin he got a better deal than yous
too. Framin and managin, vacationin,
neighbours couldn't live without, er
survive fer that matter. What a pile of
bull.... Now best sniveler and whinner
on the site 2!!!!!

[bgmb]

Sask, If you want to buy land you have
to be the highest bidder, pretty simple,
you aren't paying top dollar so they
aren't comning to you they are going to
the guy that is

[ALLFARMER]

Very true bgmg

Sask you didn't want the hassle of buying the
whole works and selling off the pieces. You heart
wasn't in it. If you would have taken your time
selling off the pieces you likely would have been
surprised at the coin you sold it for.

When land touching yours comes up for sale you
do everything you can to get it....everything ...you
can't expect to just pay the going rate.

I damn near had 9 in a block here but ended up
with 7. Can't tell you how many times I kicked
myself for buying a new holiday trailer and taking
my family on a vacation when I new the sale was
comming up...gotta keep the wife happy too!

[ALLFARMER]

O and ya it still hurts, but I know I put in 98% of
every dollar I could get my hands on.

You are right opportunities come around again.

Cheers

[farmaholic]

Someone recently mentioned "cultivating the relationship with neighbours" in order to get on their good side in the event their land ever came for sale.

When you've been competing with them all your life buying the land around you, the neighbour may not sell to you in spite. Heaven forbid you do better than your neighbour!!!

If you've been given a chance, step up to the plate and start swinging, take your best shot. If it sells for more than you want to pay, quit complaining because the stuff you own has just increased in value as well. I never look at increasing land values(located beside mine) as a negative.

These are interesting times.

[T.N.T.]

I agree with everyone about this Saskfarmer3,if you wanted that land you should have bought it!!You have no one to blame but yourself,for loosing this chunk of land!!What do you think just because you are the big wheel in your community,that everyone is going to coming running to you everytime they have land for sale?I guess you are just getting a ego check from some of the people in your community.

[uneducatedbum]

I support what farmaholic said about
relationships with neighbors. I believe
that the farms of the next generation
will understand how to market themselves
in the community.

A good example, is that we have a
neighbor that retired and had 2000 acres
up for grabs. The 20000 acre local big
wheel walked in to his house had coffee
and pulled out his cheque book and said
"how much?"

Neighbor told him "you are big enough
I've made other arrangements"

Not saying arrogance is the best sales
technique but it illustrates the point
that we are going to need to build long
term business plans that include how we
plan on continuing to grow our land
base.

Most of the time it will come down to
price but doing the right things in
advance might give you an inside track
on the deal or might work with you
because let's face it, how do we buy
crop inputs and sell grain?