Low and behold , guess what politician is on their board.
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Get a load of this...quoted from their site:
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The margin of safety appears to be a substantial 5% per year of additional return (excluding rental cashflows) in Saskatchewan. Recent data also appears to support the idea that the Saskatchewan margin of safety returns may be growing. In the first half of 2011, when Alberta farmland increased a respectable 4%, Saskatchewan farmland increased 12%. Not surprising given that Alberta farmland trades for approximately $1,400/acre on average while Saskatchewan farmland trades for approximately $550/acre on average."
Shite, I'm a gonna sell my land and head for Saskquatchean and buy land...my gawd I could get two farms to lose money on for the same price as one in Helberta.
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That's not as sarcastic as it sounds. With our cost-of-production in the Red River Valley of Manitoba, we are a whisker away from losing money. If you don't gross about $400/acre, you are on the edge. ($200/acre just rent and fertilizer now!)
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