What are Guys Seeing?

[dalek]

From two lawyer’s mouths: China ,via Chinese citizens with Canadian residency, is buying farmland. Thousands of acres.

Canada provides satellite farms.

That is my understanding.

Chinese realtor here is working on behalf of a bunch of them, she tells me the Chinese government bank will provide them with 25% for the down payment interest free with no repayment for 20 years, buyer has to finance the rest locally

[jazz]

Canada provides satellite farms.

So foreign owned state run farms right here among us. Little bit of communism right out our back door.

Maybe that's happening, but some pretty European names on the land sales history too.

Little bird told me the most stretched are MTOs leveraging out trying to get a couple kids into the operation. Tapping all the dads equity to do so.

I guess its my size that is warping my perception of this business. I am the small c*ck on the block. Maybe things look better at 5000+ ac.

[macdon02]

https://www.cbc.ca/amp/1.5401425?__twitter_impression=true

Looks like Ottawa is handing China the keys. Expect more "investment" as the Communist party uses its iron fist in Hong Kong chasing the entrepreneurs out. Can't really blame them, if your looking to get out, ask a ridiculous amount in USD. Get creative they are over the barrel and have to get out. A serious devaluing of CAD will stop the farmland purchases.

[Crestliner]

Saskatchewan and CANADA better wake the phuck up if China is doing this in our back yard. I mean really HOW STUPID ARE WE??? To allow these bastard people to own the most valuable asset of our Country?

People who are COMMUNIST DICTATORS! Who have NO RESPECT FOR OUR COUNTRY VALUES AND FREEDOMS, OR Human Rights?? and we are letting them buy our farmland?

The Chinese watch how our “ball less” Government Leaders handle canola....now they play is the fools we are on our land. WE ARE SUCH A SLEEPY LAZY TRUSTING BUNCH OF PEOPLE. IDIOTS!

Doing business with China is DONE! They have ripped of the West Technology and goods for years and filled our landfills with cheap 𝗪𝗮𝗹𝗺𝗮𝗿𝘁 crap and failed bearings for years.....all with the lie that they would Westernize their civilization. The West has been totally USED by the CHINESE.....

No!! They are building death camps now to exterminate undesirable parts of population, taking our citizens prisoners, and are trying to exert World Domination. You can’t even starve them out, because they don’t care if their people die of starvation.

And we LET THEM OUT BID US ON OUR OWN LAND!!!!!! Wake Up!! And be prepared to exert a stronger will on them for our land than they have on us to take us over.

Not to be an alarmist, but this may be the fight of our lifetime if we keep letting them rip us off.

[jazz]

Not to be an alarmist, but this may be the fight of our lifetime if we keep letting them rip us off.

Afraid this is one we wont win either. There are too many old guys looking for the exit and no support from our govt to get younger people in. I am sure the Chinese treasury can weather the ups and downs better than I can.

[Horse]

I am slowly existing farming due to my age and also no one to pass the farm to. I haven’t upgraded any machinery for a few years now. I for one will not have an auction sale and will run my existing equipment into the ground. There will be no sales commissions or recaptured capital cost. By the time I exit the equipment can be dragged into the bush. My equipment is obsolete in the eyes of anyone over 2500ac anyways.

Yea Im doing the same,I guess that is why I have trouble understanding the constant complaining on here.\
Kind of seems like the dog chasing his tail,but if thats your gig go for it, There was a time when I was average to above but I had no desire to buy more,I perfer fishing or hunting,or a walk in the woods(which I have 300 acres) so everyone got bigger except me but I am still living what I would call the good life.
No mortage,machinery payments,operating loan, Peace of mind for me .I hope to stay until death moves me but only time will tell how that plays out, We have 2 kids and I rather expect when its theres it will be sold, But cant rule from the grave so live with it.

[ajl]

I am an STO but will be buying land in a year or two as well. Need to grow and there is simply no opportunity any where else so have to grow the farm. Millennials will farm for free because saying your a farmer is more socially acceptable than saying you are unemployed. Just spend a little time on indeed.com for motivation. If a job is decent, they already know who is going to fill it and are just going through the motions with the advertising. If you have unique skills and good connection, your experience may be better than mine but I don't have either.

[15444]

Afraid this is one we wont win either. There are too many old guys looking for the exit and no support from our govt to get younger people in. I am sure the Chinese treasury can weather the ups and downs better than I can.

Nope not going to win that one. However, it should be on all the farm groups main radar because I will guarantee you the Commie Chinks aren't going to be paying any checkoff. No reason to have checkoff if your production is already dedicated to the biggest market in the world.

What would be really scary is if those people started getting a majority presence on the farm boards and started diverting checkoff funds into slush funds dedicated to Commie farmers.

[Partners]

We have enough larger farms in the area..they will never buy each other out..so..us smaller..slightly older farmers have it made because we are on all their radar maps.lol..
Greed is to our advantage.
Price will never go down on our land as they will fall over themselves to get it.haha..

[fjlip]

The ones buying and with the most $$ near here are from South Africa. One needs 40,000 acres, only half way there! Might need to get his number, paying $100/ acre cash rents too!