Value of farm land

[farmaholic]

Wrong thread...sorry.

[blackpowder]

Freewheat, you're full of shit. The only summation that makes sense is that your area has been hard hit for successive years. And for that regard your land is worth what it sells for.
Productive value? Nice dream. I sounded like that 20years ago. 10young guys in 8 miles? Your microcosm is either in a time warp or on the edge of the boreal forest.

[freewheat]

No, I just am in an area where these mostly German farmers were smart over the years, and very few went broke and so therefore there are many young guys around to farm. Their parents have done well, and so farms are relatively smaller and tighter spaced than in many areas.

In 1979, land was worth 100 g a quarter. then it nose dived. The next time it was worth 100 g a quarter, was in 2013.

I do not get why you are so angry at me, blackpowder????

I dunno, I bought land in 2009 for around 600 an acre, and it is paying its way nicely, just how I like it to. If it doesn't, why would I buy it?

I fail to understand your comment, I guess.

We are in what once was one of the top ten highest yielding rms in the province. Lately, not so much.

[freewheat]

The number of farmers here also shows that historically, this has been a very productive area.

[freewheat]

Upon further reflection, I recognized I missed some guys. I need to revise my young guys within 8 miles to 13 under forty years, after looking more closely at the map.

[Partners]

OK lesm..

You heard the values, are you going to buy alot of dirt or what?

For us who are older, plan to retire in 10 yrs or less depending on health..Hope land prices stay high or even go higher..

[newguy]

Sask land prices have risen not just because of grain prices. It is hugely because of increased population and a booming economy. For land to crash we will have to do a 180 on our population growth. The closer your land is to population the more value. Think the closest past to look at is Alberta for what may happen in Sask now.

[freewheat]

Yeah, I agree newguy. More too it than just commodities. Also agree with urban/population pressure. We are in about as non urban an area as you can get here, so there is none of that effect.

I do not think it will crash, I think there may be some correction, especially if there is say a dry spell, etc.

[newguy]

Think the last 3 years was the correction. Look for a level off which will allow farmers to catch up to the new prices.

[tstep]

If all these ****in land investment companies and foreign pieces of shit were not allowed to buy land it would help out the young guys that are trying to buy and farm land. The bidding would be within the area and the guys that know the land would have a chance at it. I would suggest the all farmers should NOT rent land from an investment company or any people owning land from out of the country

[Partners]

tstep

That will never happen in this area..
The Big guys want to farm the whole RM..

[Klause]

tstep.... I am farming as much as I do because Investment companies will buy land and lease it to us young guys.

Know what my problem is?

Local yahoos paying $2400 an acre

It isn't the investor types. It's locals. so quit using that excuse.