Need some help with land rental, Regina region.

[STR1]

Have an acquaintance in the Regina area I believe is getting seriously, purposefully, and royally HOSED by their tenant on the quarter they own. They are getting a shade more than 30 bucks an acre. So my question is what should they be getting? It is Regina Clay, not Heavy clay.

I don’t understand how the tenant is screwing them?
They own the land;
if it’s a cash rent deal............they could just simply, either up the rent or take away the land and put it out there to see what market will pay.
If it’s a crop share deal and they think the tenant is a thief, they should end the relationship anyways.
$30 in the Regina region seems lite.
What type of rental agreement do they have?

[Sheepwheat]

I don’t understand how the tenant is screwing them?
They own the land;
if it’s a cash rent deal............they could just simply, either up the rent or take away the land and put it out there to see what market will pay.
If it’s a crop share deal and they think the tenant is a thief, they should end the relationship anyways.
$30 in the Regina region seems lite.
What type of rental agreement do they have?

It is not them that know they are being hosed by whom they think is a friend. It is I. I am trying to help them see this, but not getting very far. I don’t think there is any arrangement whatsoever. It is just a sad situation all round.

[Oliver88]

What does land cost to buy in that region?

[Sheepwheat]

What does land cost to buy in that region?

Tens of thousands an acre.

[GDR]

It is not them that know they are being hosed by whom they think is a friend. It is I. I am trying to help them see this, but not getting very far. I don’t think there is any arrangement whatsoever. It is just a sad situation all round.

Perhaps if it's a friend of theirs money isnt as important to the deal as it is to you. Might be best to worry about the problems in your backyard instead and besides aren't you usually complaining how your neighbors gave run the cost of land beyond a profitable level.

[STR1]

It is not them that know they are being hosed by whom they think is a friend. It is I. I am trying to help them see this, but not getting very far. I don’t think there is any arrangement whatsoever. It is just a sad situation all round.

Yes that is a sad situation!! I hate people being taken advantage of on either side of a deal.

[Zephyr]

There is a theory that that little stretch of land that cuts between mj and Regina and runs SE can support every crop that can be grown on the continent. Easily has the most diverse crop mix right now. Lentils peas canola flax durum wheat chicks. The only place in sk with enough moisture and gdd to support corn and soya. You could potentially have a 5 or six crop rotation in there someday.

You really are clueless.


That area doesnt have any potential to grow coarse grains profitably.


You need to take a drive to the RRV or the grainbelt of texas.

[MBgrower]

is that 30/acre on all acres, or farmable acres? still sound way low, taxes probably 15/acre.

[Sheepwheat]

Perhaps if it's a friend of theirs money isnt as important to the deal as it is to you. Might be best to worry about the problems in your backyard instead and besides aren't you usually complaining how your neighbors gave run the cost of land beyond a profitable level.

I understand yer take given the limited info I have given. I have limited it for obvious reasons, and not to make it a long winded post. All I was looking for is rental rates. Yes money is important to them. But more important would be to break a relationship that is one sided. This isn’t the first time these senior folk have been had by greedy crooks. By a long shot... just trying to help them out is all.

[jazz]

You really are clueless.


That area doesnt have any potential to grow coarse grains profitably.


You need to take a drive to the RRV or the grainbelt of texas.

Really. Lentils popular in the RRV? How about canola in Texas?

Guys are getting the same wheat yields as the northern areas and taking them off 2 grades better. Maybe you should take a drive.