Originally posted by wiseguy
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2021 Ag what's the answer to success?
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My point in all this isn't it funny how quietly under some Farmers foreign money is coming in and buying up land.
Name one big bank that any of you deal with that will lend you 20 50 or 100 plus million with the stroke of a pen after three to 10 years in business at a bigger size.
Throw in an insane federal gov with all its help everyone except Canadians. Don't you think Skippy will divide farms up? Money for everything or cause.
Oh, yea and the Feds won't pay you what your land is worth either. It will be expropriated or repatriated back.
2020 was weird but if weird is the new normal what the hell will 2021 and beyond bring us.
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Yep been thinking the same SF3 on the growth trajectory of several of the new mega farms. No question outside money flowing in. Some out of province. Some out of country. One north of us the dad had a couple thousand acres 15 years back now the kid is 50000.
Can’t see how it continues. There has been some decent years but it’s still a low margin business with little room for error. Some of the ‘big’ farm employees smash more shit on a weekend than I have in a lifetime. How that is made up for in efficiency or scale is not very apparent
I still think there is a correction gonna happen. Some of these BTO will be lucky to leave with a Yukon full of personal effects to their name. Maybe I’m wrong but it just don’t add up.
Who, and who from what country, ends up owning the land, is an interesting question.
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Originally posted by wiseguyTheir sights are on us
Their sights are on you
When it comes to land
They want it all
The furs The diamonds
The paintings on the wall !
I love your comments WiseguyðŸ‘
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