Redland....

[farmaholic]

Directed at SF3, is there any truth than Redland is folding their tent?

[SASKFARMER3]

Yes but not folding like one thinks! Sold to Ontario teachers pension fund for big dollars
Good for them! Way to go! Rent for three, give it ip it back for half price!

[farmaholic]

Whose to say they'll get it back after the 3 year lease? But does it really matter? This is where emotions didn't override business....Smart.

[SASKFARMER3]

Yes a very smart decision! Very smart! Take the pay day!

[farmaholic]

Especially if there is no one to pass the baton to in the relay race....

[fjlip]

Even If there is, take payday!

[Hopperbin]

Sellers have done that in the past and it sorta backfired Some of the time. Offer high rent for three years to get a better selling price. At least klause rents for ten years. Any clause in that one klause? Haha I am funny. I laugh at my own joke. But what is the details of this one? Any numbers?

[SASKFARMER3]

My best guess is 70 x 342857 = 24 mill and then 1 for yard.
Rent back for 3 who cares what it is you have their money.

[Oliver88]

How can $2000 per acre be justified in eastern Saskatchewan?

Sounds like the Ontario pension plan is late getting into agriculture.

[blackpowder]

Perhaps the same way $4000 / acre can be justified in Eastern Alberta?