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$640k and gone?

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    #11
    This numbers are just nuts! Those areas must produce 120 bushel canola year in year out.

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      #12
      Originally posted by Sheepwheat View Post
      This numbers are just nuts! Those areas must produce 120 bushel canola year in year out.
      Thats the dream at least, reality is something quite different.

      This area has been good for canola over the last decade, 55-60 is pretty doable, but we are also on the edge of the dry belt and that could turn to 40 pretty fast like last yr did.

      Unless canola is going to be $18 forever.

      This might be a consequence of people trying to park money on hard assets while rates are low and inflation still brewing.

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        #13
        $ 🔥 🥔 House in Toronto just sold for $650k over asking. Report that Vancouver real estate is up 20% in the last month. If real-estate transactions take a month to clear, by the time the vendor gets funds they are out 20% and the buyer is up 20% in equity. Only possible in a world of funny money. How can you sell in such an environment while protecting yourself against the inflation risk?
        Last edited by biglentil; Mar 14, 2021, 13:03.

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          #14
          Might have to up my anti.

          Ah hell No. lets get stupid also I'm open to any one who wants to sell in our area this BTO is ready to add some acre.

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            #15
            Originally posted by SASKFARMER3 View Post
            Might have to up my anti.

            Ah hell No. lets get stupid also I'm open to any one who wants to sell in our area this BTO is ready to add some acre.
            Take a pill

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              #16
              Originally posted by caseih View Post
              Take a pill
              I second that. Sit tight for another decade and it will probably be a million a quarter. if our cash is worth anything after that time is a whole other issue.

              Fortified farm family compounds might become the next big thing once we tip into a dystopia.

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                #17
                Might have to build a wall?

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                  #18
                  On our land base we have some land closer to Saskatoon along highway 7. About 10km out of Saskatoon, its a bit of a hike from our main land base. But it would blow your mind some of the offers we are getting for the land close to Saskatoon. Do I dump these 6-1/4’s or do I hang onto them and let my kids benefit from a potential large sale when I’am long gone. Not sure what to do.

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                    #19
                    Gotta be careful setting a price these days otherwise you might be sitting at the lake fishing all summer in your new camper and not giving a dam what the price of canola is !

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                      #20
                      Originally posted by jazz View Post
                      Fortified farm family compounds might become the next big thing once we tip into a dystopia.
                      I've had thoughts of doing that for years with a handful of like minded families. Could be lots of advantages. But then I think that either turns me into a cult or a Hutterite colony.

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