More chatter on Stamp Farms etc.

[ajl]

Land rents did fall in the 80`s when
people were renting from the bank.

[bluefargo]

I can't seem to get this Stamp character out of my mind. I watched the Top Farmer promo several times.

Maybe they have a different arrangement in the US for irrigation but what this guy was doing just seemed crazy to me. He was sticking pivots up right and left in an area where irrigation would seem iffy at best. My experience (limited I admit) is that irrigation needs to be thought out well. Seems to work good where there is a feedlot industry nearby or some higher value crops to be grown. But simply "turning 130 bu land into 200 bu land" may or may not cut it in the short run.

Spending big bucks on the car spot didn't seem well thought out either.

Ofcourse running around out bidding his neighbours on all the rented land could have contributed to his downfall. Won't make him the most popular guy arouind either.

His wife appeared completely overwelmed by the "growth". Maybe she should have been more involved in running the place. She might have injected a little restraint.

[farmaholic]

Hope this "High Roller" can maintain his
lifestyle and house He's allowed to keep
while flipping hamburgers at Mc.Donalds.
But aren't these the types that get hired
by the land investment companies to
"manage" their holdings?

[SASKFARMER3]

This is the shit that is happening all over. BIG BIG BIG fast fast fast use other peoples money. Run over every neighbour out their. Promise the world,
Finally WIn Canadas outstanding farmer of the year and then Call in Richie Brothers.
THis is happening Around Regina, 3000 a acre or 125 acre rent!
Hm that kind of farm will last!

[SASKFARMER3]

When the World is insane sit back and watch then take them out when they fall.
Simply get your ducks in a row, get cash ready to go, clean up your operation, wait, patients is virtue, then buy the idiot out!
I got my sites on 10 quarters I need after the pyramid scheeme ends.

[gustgd]

BINGO WD-9
Just like farm profitability is tied to land rents so is
the price of inputs.

Every-one of us started in a commodity business.
We knew it when we started. If a farm gets larger
in most ashes I would say its because they stick
with what they know. The vast majority of acres in
Canada are still farmed by family farms.

Yet if we as an industry think that western Canada
is so special that successful models from around
the world can't be adopted here we are
delusional.

While short term plateaus may have been
reached, I hope land prices stay strong. That
would mean there's still profit in primary Ag.
Without profit there will be no young farmers
coming back to the country. With optimism it's the
smart kids that come back to the farm. With profit
it's the bankers and guys with industry experience
that come back.

[SASKFARMER3]

Gust What happened to land values in the Drought years. How many so called experts were wiped out.
In our area the frosts of 2002 and 2004 took out a lot of experts.
Slow and steady wins the race every time.
BS is BS!

[SASKFARMER3]

READ HISTORY!
Farming is no different.
CAnola prices for seed like WD said would drop if one spring all us guys said ps on you guys and were growing oats flax peas wheat durum etc.
THey would bend over and give you the seed!

[furrowtickler]

When the most expensive seed- Invigour stops
selling out before Dec then all canola seed should
start to soften. This may happen this year for the
first time in over a decade. Farmers continued to
pay Bayer a thief's ransom 8 months ahead of
when they needed it . Charge what the market will
bear. The rest of the seed companies simply
followed suit.

[SASKFARMER3]

Furrow I agree Bayer is not as they once were. Once they get hit in the wallets a new scheeme for priceing will come.
Price of the priciple ingrediant in Liberty is scarce so have to have a price increase. BUt we will drop the seed cost.