Land changing hands ...

[AlbertaFarmer5]

There better be a successor in some cases if you have to wait too long to exercise plan B.

Some of us are out of time for plan B....depending on how much time you will need to fully execute and complete the alternative.

And therein lies the problem. There have been two major bottoms, or buying opportunities in Farmland in western Canada since the beginning of time. Entire careers have come and gone between those opportunities. How many producers were teenagers during one opportunity, and close to retirement during the next? I'm in my early 40's, If had taken the advice to wait for the crash to buy, I'd still be landless, while inflation eroded my purchasing power, and likely not at an age when I would be motivated to go deep into debt to buy land when the opportunity finally arises.


Saskatchewan prices do show a couple more bumps than locally:

[farmaholic]

Re: land prices....

I've been wrong... wrong... wrong..., since 08.

As far as Investors....leave them sit. Unless you like working for someone else or "paying" for their investment. Some land beside us was bought by an investor...I thought the locals were competing with "cash"...nope, there's a mortgage registered on a couple of quarters out of the seven they bought...assuming(unless I search every title) that that mortgage is against every quarter...thats $161,700 against every quarter....that the tenant is paying off.

The tenants are "established" farmers.

Everyone thinks the land is/was too much, myself included, but will rent it for too much from the investor when if they let him hang out to dry could have owned it themselves instead of being tenants!

Although, at these levels it is cheaper to rent than buy!

[farmaholic]

50 bu Canola / acre x 12.00 = 600 hun an acre !

If your a follower on twitter you get 12.50 !

Lots of room to pay the 120 / acre rent !

Smell the roses !

Then the bouquet is big enough to buy the dirt...before you're in it!

[Oliver88]

I got slammed by a few on here a few years back by calling this out ... but the truth is ... it was going to happen . The alarming thing is , after several decent years . But shit happens I guess .

What is causing the sale of land? (Retirements or shaky finances of farms)

What multiple x 2017 assessment is land selling for?

[quadtrac]

Where are all the deals on land??
There are lots of people that would like to know, myself included.
Sure no deals or cheap land around our part of the world.

[jazz]

50 bu Canola / acre x 12.00 = 600 hun an acre !

Except there are a lot less 50 bu crops around this year and the price is in the 10s right now.

But next year country, its could be 100 bu at $14. You can make up any scenario to justify a land purchase. They might find oil too.

[SASKFARMER3]

I won’t say the years our family bought

[SWFarmer]

Who bought the 5700 acres at Rosetown that was listed for 22.4 million ???

This is what is on ISC for one of the quarters. That farm has a lethbridge address.

[SWFarmer]

Thanks SWFARMER !

No problem! It seems all the expensive farms for sale in Saskatchewan are being bought up by Albertans now.

[Oliver88]

No problem! It seems all the expensive farms for sale in Saskatchewan are being bought up by Albertans now.

Clubroot to follow. 🙈

[hobbyfrmr]

Clubroot to follow. 🙈

You can spray for that.
If it happens on rented land who cares? Dont ask don’t tell. If your the only guy farming in the area for miles and miles, who is going notice? Only a fool would voluntarily disclose clubroot on their farm. More than ever I see 3 canola crops in a row. These are sharp operators, they only do that on rented land.

[Ache4Acres]

I’m like farma. Been wrong on land prices for a decade now.

But what goes up must come down

[SASKFARMER3]

History repeats and it will again. We purchased nothing on this run up higher in prices. Had a chance to add 8 at one time and make a 30 quarter block and didn't. Guess what don't miss the land.

[furrowtickler]

No problem! It seems all the expensive farms for sale in Saskatchewan are being bought up by Albertans now.

Here it’s mostly still local and a mix of size farms buying . But the majority is be snapped up by a few.
South west of Battleford is being pushed by a Hutterite colony that set up shop from Southern Alberta .
Interesting times.
Land rarely changed hands for years around here , lately it’s been like a hot potato lol . Some changes and flips are happening faster than the RM office can keep up to .... they said it has never been this active .
Wiseguy ... go spend $25 on Sask Securities web site if you need to know so bad lol .

[bucket]

Here it’s mostly still local and a mix of size farms buying . But the majority is be snapped up by a few.
South west of Battleford is being pushed by a Hutterite colony that set up shop from Southern Alberta .
Interesting times.
Land rarely changed hands for years around here , lately it’s been like a hot potato lol . Some changes and flips are happening faster than the RM office can keep up to .... they said it has never been this active .
Wiseguy ... go spend $25 on Sask Securities web site if you need to know so bad lol .

The only ****ing thing I want held under the cloak of privacy is what I paid for my land and its public info....try getting info from a government about taxpayer dollars spent on guy's irrigation farms....that a privacy issue.....but releasing my land costs in a private land deal are not???????

what the ****.