Illinois Family Farms

[hedgehog]

looks like investors are buying up all the sask farmland, soon i fear you will all be tenants working for some d*** in a suit, the reason your ancestors left europe in the first place.

[furrowtickler]

yuup, hedgy hit the nail on the head

[SASKFARMER3]

It's been a tough week. Met the new Chinese guy.
Seems to think he will have no problem
expanding in our area. He will be growing non
traditional crops. Shipping to china. He said he
was fcc and banks looking for money to build
infastructre to get them their. Also for his
equipment. I wished him good luck. He takes over
nov 15. One got paid in full. Rest have a deposit
no titles have changed hands. Each a small
deposit. Remax let us know we would be
purchased if we wanted to quit. Just have a funny
feeling something doesn't seem right.

[grassfarmer]

So name the "old country" where land prices have
halved in 8 years SF3 - sounds like just more BS to
me.

[SASKFARMER3]

Yea I bs grass farmer yea I really do !
England the guys farm just sold for half it was 8
years ago, seems banks aren't in the borrowing
their. Yes they sold at the top market before
moving here.
Investment houses and insurance companies
purchase at the hay day. Their not doing good so
liquidating, farmers can't get money so land
drops.

[grassfarmer]

Absolute garbage SK3. English farmland values have
risen 193 per cent in the past ten years, to an average
of £6,050 per acre. That's around $9600/acre in CDN
funds - yeah, they are just giving land away over
there, total collapse, banks won't lend money.

[hedgehog]

priced in $can it may have halved, not in printed pounds

[SASKFARMER3]

Well grass our neigbours lived their for
50 years before selling and moving to
canada so yes your correct and they are
wrong!!!!!!!!

[grassfarmer]

That's getting closer Hedgehog, was $2.20 to the
pound when I moved here in 2000 - it's @$1.60 now
so in straight dollar terms that's a 27% difference due
to the CDN appreciation. Means our Cdn funds buy a
little more but doesn't make a big inroads into the
nearly 200% INCREASE in UK land values.

[SASKFARMER3]

Well thats what your country man said yesterday.

[gregpet]

So you decide to repeat it on an internet forum and defend as the truth even when you don't know the facts?

[sumdumguy]

Whats the difference? Land must be cheap here
for these guys to leave everyone and everything
behind.

Its all OK , cause they'll have to be tough to
survive here, just like their forfathers.

[Hopperbin]

Saskfarmer I am just on a major break down at the moment. Is your neighbour stupid? He has not planted the crop yet but is now going to pay top rent to a chinese buyer? Something does not add up.

[SASKFARMER3]

No next year he might rent it back. 2012 he
doesn't get any money till November. $150,000.
Now rest later. Also GRASs the english neighbor I
was talking to yesterday said his farm in England
just sold again for almost half what he got at the
boom.

[SASKFARMER3]

No next year he might rent it back. 2012 he
doesn't get any money till November. $150,000.
Now rest later. Also GRASs the english neighbor I
was talking to yesterday said his farm in England
just sold again for almost half what he got at the
boom.