What are Guys Seeing?

[flea beetle]

Ya our prices in the SE are way lower than what many of you are seeing. $1000 per acre is pretty common with some higher and some lower. I buy the comparable land sales for the RM at least once a year and I find the actual price is sometimes quite a bit different than coffee shop talk. Closer to me the land investors have came, bought and after 10-15 years now have sold out to local guys. Its to pretty well all what I would call family farms. I do think that some guys are going to be gone soon as they look to be hurting but that being said there has always been people who said that there was no way the land could be paid for. There is guys out there that are able to live with a huge amount of debt. Some will make it, some will be gone. I am amazed how much iron is moving since harvest, after the crappy year a lot of us had.

Flip to defer payment for another year?

[AlbertaFarmer5]

While looking at prices of what is for sale in Central AB, I happened upon this gem of a property in Three Hills area:



Doesn't that look like fun to farm around those obstacles? Price is only $480,000 per quarter though...

I do expect a share of the commission if my sales pitch helps find a buyer...

[GDR]

While looking at prices of what is for sale in Central AB, I happened upon this gem of a property in Three Hills area:

[ATTACH]5398[/ATTACH]

Doesn't that look like fun to farm around those obstacles? Price is only $480,000 per quarter though...

I do expect a share of the commission if my sales pitch helps find a buyer...

Lots and lots of quarters around Three Hills have sold in the 1 million dollar range the last five years so that is sort of half price to "good" land.

Have a bare quarter next to me that came up this winter listed at 1.5million. Likely 20acres too wet to farm. Doubt they will get anywhere close to that, but then I've said that before and been proven wrong.

I think this fall has shown that none of us need anymore land to farm around here but would be interesting to put an add in the paper offering tenders on rental land, would bet there would be lots of interest.

[MBgrower]

Lots and lots of quarters around Three Hills have sold in the 1 million dollar range the last five years so that is sort of half price to "good" land.

Have a bare quarter next to me that came up this winter listed at 1.5million. Likely 20acres too wet to farm. Doubt they will get anywhere close to that, but then I've said that before and been proven wrong.

I think this fall has shown that none of us need anymore land to farm around here but would be interesting to put an add in the paper offering tenders on rental land, would bet there would be lots of interest.

youd have to give that land away in the red river valley. most fields around here are true 150-160 acres with no obstructions or stones.

[Guest]

Alberta has always had more liberal land development rules. That's why you see Calgary and Edmonton ringed with acreages and not Regina and Saskatoon. Albertas land values make more sense when you figure those numbers in. The #2 corrodor has an effect too. Plus population.

But a quarter section 20 miles from regina barred from subdivision other than a 10ac farmyard and on dirt road, no utilities, just you and the drifting snow, $625k? I mean WTF.

Buy it for christ sakes. Theyre not makin anymore
Thats what the head muther ****er at FCC told us in 81 just before the SHTF

[helmsdale]

Buy it for christ sakes. Theyre not makin anymore
Thats what the head muther ****er at FCC told us in 81 just before the SHTF

Hell... they're so damned confident that there's nowhere to go but up, that they don't require crop insurance as a condition to get a loan anymore!

[AlbertaFarmer5]

Lots and lots of quarters around Three Hills have sold in the 1 million dollar range the last five years so that is sort of half price to "good" land.

Have a bare quarter next to me that came up this winter listed at 1.5million. Likely 20acres too wet to farm. Doubt they will get anywhere close to that, but then I've said that before and been proven wrong.

I think this fall has shown that none of us need anymore land to farm around here but would be interesting to put an add in the paper offering tenders on rental land, would bet there would be lots of interest.

That is what I've heard, and that is why it caught my attention when it was listed so um, cheap? And I zoomed in to take a look at why. I'm far from a BTO, but my equipment wouldn't fit into some of those necks. I can't imagine how a big efficient farmer would do it.

[GALAXIE500]

Merry Christmas to all here on Agriville. Here is hoping that 2020 is better than 2019.

Here is my input on land prices in my area:

Here where we farm ( nw of RM #111) I have seen land go from $57,000 +- a 1/4 to now about $350,000 per 1/4 since 2002. So about 6x your original investment, if you were in on the game in 2002. Before that in about 1988-89 some in the same area ( 5 miles from our farm )some 1/4s sold for about 25-30,000 per 1/4.
I have seen in that time frame , some really shitty crops and some damn good ones, and average crops in between. I know one thing , if you are making land payments on $300,000 + land , you better have some good luck with the weather gods , because down here the wind and dry weather patterns can be a real equalizer. In my are this year there wasn't a 30 bpa crop of ANYTHING ! Too much heat at the wrong time for too long will do that boys.

In the last few years we have had a Hutt colony start up a new one , and when they first moved in they bought 54 +- 1/4s for about $ 275-300,000 per 1/4 so you know who has drove up prices . Not bad if you are old and want to get out of here , but hell for anybody that's my age (50 or younger )! I got a neighbor who now is chirping the line "we need to stick together" , and for the last 30 years I have watched the " buy everything or rent everything " mentality , and it is like a burr under my saddle blanket. The Hutts make him nervous and the new colony is one mile from his yard.

Too bad dude, Guess you should have spent the extra money to buy your neighbor out , and keep them out of this area, however , they would have plunked down somewhere else , and been a multi-generational eyesore for someone else. Unfortunately , they are dictating the market , like in other areas I am sure. It is not fun looking at their new operation .

[jazz]

Its not even the land that's the issue. Even a little overpriced, I am a believer.

But my concern is the health of this industry. If I saw a report or something saying Canadian Ag is going to be the place to be in the future because it will do this this and this for the world, I would change my tune. I see only one politician spouting that off and that's Moe but with no tangible plan to make it happen. Just wishful thinking.

I point more to the support for this industry and how low it scores on the radar and that it might be the next target on the SJW hit list.

[burnt]

Its not even the land that's the issue. Even a little overpriced, I am a believer.

But my concern is the health of this industry. If I saw a report or something saying Canadian Ag is going to be the place to be in the future because it will do this this and this for the world, I would change my tune. I see only one politician spouting that off and that's Moe but with no tangible plan to make it happen. Just wishful thinking.

I point more to the support for this industry and how low it scores on the radar and that it might be the next target on the SJW hit list.

It already is their target. They take their shots with a belly full of the cheapest, safest, most plentiful food in the world - bar none - the ultimate irony.

Or hypocrisy, whichever.