Farmland Ownership Surveys

[binthere]

if im not mistaken australia has and is facing the same dilema. the need to impose new rules governing foriegn ownership were made for the reasons perfecho raises. maybe mallee farmer could clarify.

[biglentil]

My great grandparents left the ole country 100 so odd years ago to this harsh world with the dream of owning farm land. They were ****ing starving to death there and lived in ****in tents here -40 . The foreigners that want to turn our future generations into serfs once again can go pack sand. Anyone that wants us to be a sell out province should rot in .......

[SASKFARMER3]

Just saying are you really a Canadian if your here two weeks a year. F$$k some of you are blind. One long drought in the area assinaboia land was in and let's see how long they find a renter.
Own a farm vs a renter. Rather simple owner is better.

[riders2010]

If anyone thinks the chineese don't have a plan think again. They cannot produce their food at home so this is plan b. all these other countries have a plan except our idiots that are bought off. Imo

[newguy]

It is refreshing to finally see young people interested in farming again.Pretty much lost a whole generation of farmers already.With an open market and a bunch of dirt available many have again chose farming as a career.The ones that want to turn back the clock are the ones that just want to increase their personal wealth.So should governments help farmers with 5 or 10 or 20 million in land buy more by eliminating competition?

[fjlip]

There is NO land to buy now for anyone thinking of starting. The highest bidders have been the 5-20,000 acre farms. They get all the land that comes to rent or sale. How do you get in? Hopeless in our area. Many retired are laborers if not serfs. Less risk I guess, own nothing owe nothing. Farming is only HUGE business it's glory days are gone, same with rural communities.

[biglentil]

Yep most 20k acre guys could give a shit about the land they have no really ties to it. They are just waiting to sell out to a big multinational so they can live out there perverted cocaine induced fantasy. So our next generation can pay rent like peasant serfs. This time round there is no free world they can escape to.

[tstep]

All I'm going to say is. The ones that feel that the all mighty buck is all your after and you don't give a shit about future generations that want to own and farm this land. You can go to hell!! Keep this land and province together. If foreigners want to come and live and farm this land and support our communities all the power to them. But **** off investors!!!!!!

[RTK]

Farmland is best controlled by the farmer. No way will I sell out to some investment firm or Chinese. My land will be sold/given to some deserving young farmer at a price that I feel will allow him to succeed. I got some breaks along the way and I intend to pass it on... All I want is a thanks and I get to sit back and think to myself that I had a part in ensuring my farm continues on. I hope the person I give a break to does the same but I I will be long gone so I will never know if they just cash in...

[farmaholic]

Nice thought on paying it forward RTK.
There are guys around here who won't sell or rent to the BTOs.

How many of you own the house you live in? Kind of the same scenario. Pay rent your whole life and have nothing at the end.

Business wise it.is still likely cheaper to rent than buy. I am not saying there is no place for renting but I prefer the security of owning what I am farming.

I know guys who bought machinery to farm rented land that probably made up half their acreage only to have it taken away because someone show up
with a dollar an acre(sarcasm) more.

I also know of landlords who will take less rent from good stable local Producers than the flighty BTO or average Joe who will grab land at any cost.

[fjlip]

Yup, just what a retirement planner said, either you cash it in our your children will. Nobody gave me a "break", had to pay the highest price even from relatives, which at that time could not pay for it self either. Got it paid off, so will next gen OVERPAY and make it. However to your own children, make any deal or even give it to them now, they will get it all eventually and live very well.

[farmaholic]

Here's another land ownership twist. The old active farmer decides to quit and has no kids who want to farm. But the "family" decides to keep the land in the family and his kids inherit it, and their kids inherit it, and so on. You can hardly say the subsequent generations don't have a right to own the land. Some nonfarmer family land could already be nearly 2 generations away from active farming.

So what set of rules do you develop and who do you deny Sask land ownership?

Like bucket might say, why isn't it considered a strategic resource?

What are the rules in other countries? Is it wise to lose control of something so valuable.

Sad part is, if it was lucrative, we wouldn't have to open ownership up to investment companies and foreigners and pension funds bscause there would.be enough demand with in our provincial boundries or Canadian borders

[Ache4Acres]

The low interest rate environment is fuelling this as well. CPP and others are happy with only a 3% rate of return on their farmland purchases because they know it is a safe investment that cant go to zero and any other investment barely does any better. As has been said farming is about asset appreciation, not yearly profits.

It doesn't help that every second investment show or billionaire is out there touting up farmland as the best investment!

[farmaholic]

When I bought land years ago, I would have never dreamt in my wildest dreams I would have realized the appreciation in the land I have seen. That being said it I thought it was imperative to make money along the way, to pay for the land, buy machinery, live, and feather the nest of retirement. Pretty high expectations? The appreciation has been a "bonus"!

[perfecho]

Wheatking...that is true today, but you and I have no idea what the future holds....if they need it, they will take it.....