What would it take to pull the trigger.

[jazz]

Farmland is a very unique asset. Not everyone can own it, outsiders restricted, protection of home quarter from bankruptcy for anyone that lives on it including your extended family that dont farm and banks love to lend against it. Its probably their favorite asset to hold.

Like Buffet said, if he was given the choice of all the gold in the world or all the farmland in the US he would take the land.

[blackpowder]

I hear the question as:
How much over current market would I sell.
From a business standpoint, 1.5x replacement or less depending.
So if replacement is $5000/ seeded.
Take it from there.
Anytime you get paid over replacement, pocket the difference and do the flip.
Of course, equitable replacement.

[Partners]

The kids will love money..help them in there chosen professions.
Don't stick them with land they will never farm..
What to do after quiting?
Full time grand parents..travel..
Or if so inclined we both have 3 job offers the day were done already..

[Bowerpower]

Never sell. Hope kids take over one day and if not rent it

[Braveheart]

Never sell. Hope kids take over one day and if not rent it

Trouble is, down the road a couple generations and rhe value is diluted by multiple heirs, distanced from the farm, eyeballing cash, etc.

[Herc]

3x assessed and I’d be gone. Can have the wife too....

[bucket]

Trouble is, down the road a couple generations and rhe value is diluted by multiple heirs, distanced from the farm, eyeballing cash, etc.

Doesn't even take generations....it can be the ones that left the farm and now want a piece of the action since values have gone up....they did nothing to keep the farm viable when shit hit the fan....but figure they are owed something...

[bucket]

Ask Bill Boyd .... fleeced Sask tax payers few a few million then just sold out to the Hutterites for big 💰

Ralph is pissed at all farmers now think we are all multi millionaires that can cash out at any moment and wants to crush us all financially now .
Don’t think so ?? Ask him

Interesting ...Ralph spent his whole life on the taxpayers dime....

[farming101]

3X assessment! I wouldn't have handled that much paper since I threw out the old Western Producers I'd been hoarding!

[farmaholic]

Multiplier aside, look at the different values being talked about. There must be some consistently very very productive land in some areas.....😉