$75 to $125. An acre rent, explain how you make a profit in Saskatchewan!

[fjlip]

SeaBass 1/4 share no expenses other than good bins,some hoppers and aerated to store all production, is common in our area. How does that sound?
I too would love to see the math on any of the above rents.
Even more on several new combines, tractors and sprayers every year.
All of the economy is well oiled by expanding farms risking all for....?
You are right Freewheat, every publication highlights huge farms. Lets all get into that and borrow, spend, risk and stress out with no life.
People need to get priorities figured out,life is short, enjoy, not just work.

[tstep]

It is reported that 8 quarters has rented in our area for 70--30 crop share with no inputs. Hows that for a good deal for the landlord..

[Hired-help]

Lewvan 2012 will pay your kids child tax refunds.
Maybe the guy paying 27 mil for it should be
questioned..$110 acre is what umm maybe 5
points? What's the interest bill Einstein?

[ASRG]

23 years with the same tenant. I get 1/3 of the crop,pay 1/3 of fertilizer and spray. He markets everything, makes all the decisions on what he grows and inputs. He pays all crop insurance and gets any payout. I supply the bins and will give him a hand if he needs it.
It has worked well for both of us.....he farms it like he owns it.

[seabass]

Sounds good as long as you are paying it and not me. I work hard enuf not to give away 130 to 150 an acre. 75 in a bad scenario for no risk.

[dluther]

GRRR if you find a banker or f.c.c. to go with your plan good for you but just remember they don't loose if things go bad.Cattlemen thouhgt $1400 was a normal price for cows or bred hfrs in 2002. B.S.E. CHANGED THAT and the bankers never lost.It's called RISK AND HOPE.

[grrrr]

I was being sarcastic.

[SASKFARMER3]

It's a conversation that's going on in every small
town across sask.
But that's farming someone always thinks they got
it figured out. Since the sixties I can list every one
in our area that thought their was never a poor
year. All have left the industry.
Oh we'll that's why they call it life lessons..

[Rareearth]

What is the ave size of a sask farm today?

There are many intangibles that go into the
decision to expand a farm, not just the traditional
dollars per acre or 1/3 -2/3 crop share models. It
seems obvious in the USA anyway that the price
of land or rent is being driven by profitability or
cash income. Like land in the resource rich areas
of sask and Alberta have been.

Wish I knew what the future brings with monetary
easing, inflation or deflation. Only time will tell.

I don't think that holding farmers back is a wise
move, let them be competitive globally, level
playing field, grow the crops and infrastructure to
support each regions natural competitive
advantages. I wish I knew what they all were, and
for which commodities. Unfortunately we have to
survive with commodities. Everything is a cycle.

Should our regions be dominated by hogs, dairy,
wheat, lentils, canola or soybeans, etc ? Now I'm
off topic, but it really is about competitive
advantages big or small, and what the future
vision is inside and outside your production
region. Could bring schools, rm's, hospitals,
doctors etc. trying to be positive about the
realities.

Another point, I'm not involved with medical
situation in sask, but inflation is driven by supply
and demand and in our booming economy no
doctors want to buy in or stay in, what's that say?

Yet I believe we live in one of the worlds safest,
most secure, high standards of living places in the
world. Should have started a new thread

[SASKFARMER3]

Rare earth I'm not saying stop or stagnate
expansion. Just as a long long running family farm
we ave seen this over and over and over.
Paying 125 an acre in Saskatchewan is insane.
I'm on 99000 and less land assessment and I still
think it doesn't work.

[Rareearth]

I do agree with your thoughts and comments.
Everything is a cycle, not sure if they will survive
the current cycle or how long this will continue.

I don't like it either, and you bring forward many
questions as to what's driving this, sustainability
for sure.

If it is so called "smart money" trying to part cash
into " safe assets" it doesn't really matter how
price of land correlates to the price of gold, stock
markets, etc. they must believe inflation will
destroy most asset groups and land is cheap
compared to gold, applies to the institutional
investors maybe some farmers , colonies . Could
it be money from the home land?

Cottons the guy, seems to understand the "what
ifs" economically with inflation. Or is it Errol and
his deflationary views. Probably both are right,
just a matter of time and who is more right.

[malta]

I don't care what people pay for rent. What I do care about is government bailing them out when they start to go south. We have been through this cycle before where some farmers pay what ever it takes to buy or rent land. Things go bad and they are headed for bankruptcy so our spineless politicians step in to "save" the family farm. I can guarantee that when the prices turn down in a couple years we will see a new round of subsidies and debt writedowns (especially by FCC) to bail out those who put greed ahead of common sense.