sure....... on those years where the landlord get 25% of gross and its $90, then they start bad mouthing you all over the countryside when 25% becomes 1/2 of 90 or less if you've had drought, or the commodity price goes down. Hate renting because of greedy landlords...
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I realize were all venting. But what is the solution, if
we hate making landlords rich and land prices are
too high, do we just let somebody else roll in and
take over, knowing we may never see it again. I
dontlike the overpriced land myself but if we want
tobuild our equity for the future or next generation,
land is probably the most sustainable way to do it.
And i understand that buying land now might mean
temporarily decreasi.g equity with a correction
down in land prices. But if you want to go to that
next step in 15 yrs or so, i say if its good land and
fits in then find a way to buy it cause you probably
wont regret it down the road when your throwing
your chips in for one reason or another.
Just an opinion from a guy that has no skin in your
business just mine, lol, good luck with the decisions
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I realize were all venting. But what is the solution, if
we hate making landlords rich and land prices are
too high, do we just let somebody else roll in and
take over, knowing we may never see it again. I
dontlike the overpriced land myself but if we want
tobuild our equity for the future or next generation,
land is probably the most sustainable way to do it.
And i understand that buying land now might mean
temporarily decreasi.g equity with a correction
down in land prices. But if you want to go to that
next step in 15 yrs or so, i say if its good land and
fits in then find a way to buy it cause you probably
wont regret it down the road when your throwing
your chips in for one reason or another.
Just an opinion from a guy that has no skin in your
business just mine, lol, good luck with the decisions
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What is fair? There are two sides to evy deal....the buyer and the seller. Both want the best deal possible. No one forces you to buy or rent land.....no one forces you to sell or rent out your land?
No different than when you sell your product? Take the price offered or don't...it is always your choice!
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Except I'd say Greenpeace aren't aligned with the
other bad guys here. Credit where credit is due.
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Blackpowder I apreacite your openess . All I was trying to do is point out $90 /100 Price dosent realy matter as I dont think anyone would ask that when bly is $3 but when canola is $15 and the yield is 50 bu Just who is greedy?
ASRG good political answer. When bly was under #3 My brotherinlaw rented his land just east of Red Deer for from 55/65 per acre and thats what people were offering and he just accepted what was offred and no one but him made money but when one renter left 2 more were lined up to rent.
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Horse: I'm just east of Red Deer and have rented my grain land on a crop share deal for over 20 years.....so definitely saw those low barley prices. I get one third of the crop/pay one third of fertilizer and spray.
A lot of guys around here rent for 20 bu/bly/acre (no matter what is grown).
I sold my barley last week at $5.25/ 29 bu. Still have to pay my 1/3 fertilizer/spray. Probably in the neighborhood of $40.
Last year canola.......much better!
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