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So...there you have it...Ag ministers promise no immediate help
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I'm not sure what the numbers would be in sk but in Alberta a recent study put the ROI for investments in irrigation by the province at about 1 to 3. That is for every dollar invested by the province they saw a revenue return of 3. I'd say that's a pretty strong rate of return, full disclosure there's a few pivots on this place and I'd say long term ROI is around 5 to 7 percent but here's other intangibles such as feed stability for the livestock, as well as the ability to maintain security of supply with end users which allows stable relationship and long term contracts hedging risk also development of other crops and economic possibilities outside traditional haul and dump markets. We aren't in the highest heat unit areas but have everything from grazing corn to ornamental plants being grown in a 10 mile radius none of which would happen with the ability to irrigate it can have a pretty huge impact in this area.
As land prices have increased here the economics on irrigation have made more sense as you need to try and do ask much as poss to generate revenue from the land I'd say based on sales this last year there's somewhere between a 40 to 50 perent premium for irrigated with a system on it over dryland. The district here fully subscribed and is charging around 750 dollars an acre for permanent rights if they ever get some bought back from people and there's a lineup for them.Last edited by mcfarms; Jul 23, 2019, 06:28.
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How many spin off dollars has the AB economy seen since irrigation came in.
Jobs?
Yes, cheaper to do then.
No, one set of ratepayers shouldnt pay for it, it benefits all.
No, the govt shouldn't buy the processing.
Question.
Is there more to the story when comparing AB to Sask on irrigation??
Why do we have feedlot alley and all that processing and specialty stuff?
Has to be more than Sask politics.
Heat units?, transportation? Economics?
Why hasn't Outlook changed in decades?
Maybe let the Chinese do it next century?
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