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    #25
    Trouble is you still like it too much , i can tell , lol

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      #26
      Click image for larger version

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      SASK FARMLAND PRICES - I have to think that combined with the lower commodity prices from world overproduction and the rising cost of iron and inputs...this has to retrace....but then again...trillions of dollars of easy money around the world needs to land somewhere...just ask someone in Vancouver.

      Maybe it is all going into Bitcoin now???

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        #27
        A4A......if you had to "guess", where do you think it will land or even plateau? I think we can all agree the bar has been raised.

        Anyone seeing a chink in the armour yet? Flat to lower prices, slowing land sales, lower rents?

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          #28
          Haven’t seen the chink yet farma...at least not locally. Prices here as strong as ever. Rents still high.

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            #29
            I still think we are going to see a bit of a "reflection" of that last parabolic line in that chart A4A. How much, I don't know. ...and unfortunately, maybe not before I have some bought!!!!

            We'll see...."time" will tell and doesn't lie.

            ......bucket....or do you cash out before the reversal starts or you begin to see the reflection?

            Hypothetically....

            If you had the chance to try and "catch a falling knife"(buy some land beside you in a declining market) would you try and grab it...and risk getting cut? Or would you wait for it to show signs of it "landing"....then just "pick it up", but risk someone else trying to catch it or pick it up before you try.

            I am willing to pay a premium to buy that missing piece of the puzzle or make the block bigger.
            Last edited by farmaholic; Nov 12, 2017, 08:04.

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              #30
              Sure looks enticing to my dad. Selling his little bit would bring a really nice sum. Renting it out would bring almost the same income with ZERO stress or risk. I'm on the other end of the age spectrum, trying to get in, and I'm about ready to say screw it. Cash rent is ~$100/ac, land sold the past month is $3500/ac. This is jdgreen territory, not the Red River or central Alberta. No investors here.

              The only way I can see myself getting in and staying alive financially is to do custom work.

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                #31
                Originally posted by zeefarmer View Post
                Sure looks enticing to my dad. Selling his little bit would bring a really nice sum. Renting it out would bring almost the same income with ZERO stress or risk. I'm on the other end of the age spectrum, trying to get in, and I'm about ready to say screw it. Cash rent is ~$100/ac, land sold the past month is $3500/ac. This is jdgreen territory, not the Red River or central Alberta. No investors here.

                The only way I can see myself getting in and staying alive financially is to do custom work.
                Zeefarmer...what part of the country are you in? Those numbers sound too familiar...

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                  #32
                  Originally posted by zeefarmer View Post
                  Sure looks enticing to my dad. Selling his little bit would bring a really nice sum. Renting it out would bring almost the same income with ZERO stress or risk. I'm on the other end of the age spectrum, trying to get in, and I'm about ready to say screw it. Cash rent is ~$100/ac, land sold the past month is $3500/ac. This is jdgreen territory, not the Red River or central Alberta. No investors here.

                  The only way I can see myself getting in and staying alive financially is to do custom work.
                  What does that say about the economics of farming? Subsidize it with off farm income, earn extra income doing custom work, subsidize with paid for land or get a silver platter farm handed to you. Land prices reset once early in my farming career, about 20%, and it feels like we're at that point again.

                  How many other industries have to subsidize their core business because it isn't financially viable? Stupid!

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                    #33
                    A4A, SW Sask.

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                      #34
                      Maybe what the Primary Producer level needs is a lot less passion and maybe decisions made on economics and not emotion! I wonder what Ag would look like if that happened.

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                        #35
                        Originally posted by zeefarmer View Post
                        A4A, SW Sask.
                        Wow Zee sorry to hear that for a guy just wanting to start out. The SW has seen probably the most wild price increases in the past decade.

                        Maybe there will be a chance to get in during the next 5 years

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                          #36
                          Tick tock tick tock tick tock.....waiting, as our next generation of independent farmers wait for their window of opportunity to open. Some might say **** it and do something else. What age do we expect our future prospects to be before they get their chance?

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