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    #11
    Pasture is 120K / quarter.
    Not sure of the economics of that once all costs to maintain the herd are in. Then factor in a dry year

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      #12
      Originally posted by rumrocks View Post
      Where do you think these $400000.00 investments will be in 20 years?

      !) 3 - 5 Quarters of pasture land with water.

      2) 1 Quarter of good cultivated farm land.

      3) House in a city.

      Everything is cyclical, grain and city real estate probably peaked, cattle maybe still has some upside but 20 years is a long time, long enough for things to crash and burn and start it's way up again.
      In my area not sure you could find 1 pasture quarter for that price. If the enviros have their way the only thing on that pasture in 20 years will be deer and moose. Cultivated land was that price maybe 5 years ago, closer to $700000 now. Will farming be all big corps with robots doing the work in 20 years? I will bet on the house in the city because at $700000 a quarter doesn't come close to working and will be that much worse at a $million!

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        #13
        Consider the high possibility that Canada turns into a socialist whackdoo state. That would likely eventually lead to a tax on beef or something. That will kill the ranching sector and you will get your burgers from Australia.

        So a farmer with pasture with either abandon it or break it and start growing crops again. Imagine the carbon release from millions of newly broke land. Carbon tax would have to rise again.

        The feed sector will be dead so its human consumption crops. That might sound good for a grain farmer but a bunch more landlocked supply here in Canada will make it harder for us. Commodities would be heading down I imagine especially with Russia, China and Argentina ramping up.

        Like I said before, we could be the oil patch 5 yrs from now.

        Socialism is creeping everywhere even the US. Only guy in the path of the globalists is Trump. If he gets taken out, we are done.

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          #14
          In Europe, the socialist state has put so many regulations on ag that many farmers lent their land for green projects (solar, wind, biomass) collect a check from that and then run a little land for their own sustenance. Europe cant export anything with those kids of costs added on.

          Europes only export is BMW and Benz and Volvo cars. WTF else to they produce. Ever see anything made in Britain or France. And they even have massive sea access. How can Canadian landlocked ag survive that model.

          Only way is to join the states.

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            #15
            Overall, I think it was the influx of lots of new money that pushed Sask's land prices to where they are now in the last 10 year span. Definitely not demand from people looking for a place to live. I can't see rural populations ever recovering to pre-exodus levels.....other than in the 50 km "halo" around the cities.

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              #16
              A local realtor told me that investors are exiting this asset class because the returns haven't met their expectations. These guys were apparently hoping for $150/ac rents and the land doubling every yr.

              So its just aging farmers and BTO in there now. Maybe some land around urban populations might have some longer term value. If I had land 100 miles from any major center that has tripled in price I would be worried.

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                #17
                Jazz, Where would you put sask to get ocean access ?? Park it betreew oregon and calafornia,or mabey oregon washington,mabey slide in on the south side of BC ??

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                  #18
                  Originally posted by Horse View Post
                  Jazz, Where would you put sask to get ocean access ?? Park it betreew oregon and calafornia,or mabey oregon washington,mabey slide in on the south side of BC ??
                  Rail through ND to the Mississippi, barge to gulf. Second rail to deep port at Churchill.

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                    #19
                    Those options are all there without (JOING THE USofA)

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                      #20
                      Originally posted by jazz View Post
                      A local realtor told me that investors are exiting this asset class because the returns haven't met their expectations. These guys were apparently hoping for $150/ac rents and the land doubling every yr.
                      Really?!?! How niave of me to think it could go on forever.

                      What approach are real estate agents going to use to sell it now? Back to " they're not making anymore".

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