RB auction

[Partners]

In the back of there New catalog ,, who is the 20,000 acre farm for sale?
Any idea why? Health?..Can't be money cuz there large farms make Mega dollars..

[BreadWinner]

Partners there are allot more unsuccesssfull smaller farms than larger ones. Just saying!!!

[ajl]

There is a 10000 ac farm for sale in S AB around here. farmrealestate.com We will get to see how rich the colonies really are. Farm land has now started its long decent, I think the sellers are too late.

[BreadWinner]

Aji, i think your dreaming. Pockets are allot deeper than you think and land values are going to keep going up.

[Partners]

That is why I am wondering why a Big farm would quit..
We hear some of these Mega Farms are alot deeper in debt that most think..There is a reason why some of them change color every yr..or don't own a combine..or Viterra owns there bins..The truth does leak out ...After all, there grain is just as "worthless" as ours..

[farmaholic]

My saying is, knock yourself out. To each his own. I'm satisfied where I'm at at this stage of my life. I have nothing against the heavy hitters, if they have the drive, ambition and like the challenge go for it.

[blackpowder]

3D?
Death, Divorce, Debt.

[Richard5]

Partners at farm like you talk about that flips colors and the complete line must be filthy stinking flush with cash.

No sound business man would do such a thing unless they were doing it with cash.

Besides it makes no sense for income tax, makes no sense for managing costs because if you do the whole line every year, no matter what the lease debt is, it's still the highest cost since its new.

Prob have 10 mill in the bank at all times. Would love to see the tax structure as its not a good thing to have excess cash in your farm Corp as I understand it

[SASKFARMER3]

Wondering why Big Farms would quit.
Its real easy,
$20 to 25 million pay taxes and live and golf and ski and surf.
Farming the worst occupation in the world where every one else gets a piece and you do all the work.
Wake up, The big guys see a way better life after the farm.

[stonepicker]

So, that must mean that farming is profitable?

[SASKFARMER3]

It is if you buy all your land at under 50000 and then sell it for 400000. Real estate not farming makes money. Farming is a shitty occupation.

[cottonpicken]

I would add and take all the risk.