Land dealings

[Goodtime]

Sorry if this was discussed somewhere else already but did a big farm with some pretty primo Swan Valley land that starts with an N now have a big ownership change to a farmer/investment group/not sure what you call them that starts with an M?

[SASKFARMER]

Your good with the alphabet

[Goodtime]

I cant imagine what that sold for.

[Ab7]

Nykolishan to monnette?

[BTO780]

Nykolishan to monnette?

And he shoots and scores.

[Oliver88]

I cant imagine what that sold for.

What RM# is this?

[Goodtime]

What RM# is this?

Some of the land is around Kamsack but I am not sure how far it stretches out.

[furrowtickler]

So this just happened recently?

[FarmJunkie]

Ya after they bought the 20 plus thousand in The Pas they decided they needed another 30 plus thousand. Must have been a good year around Swift and Phoenix

[furrowtickler]

Interesting, with the rest of western Canadian farmers being told there is a shortage of nearly all inputs , even some being told they will not get what they already paid for several months ago , where will inputs come from for that much recently acquired land ? Unless they just bought the inputs from The previous owners if they had everything per bought .

[shtferbrains]

The Pas is a bit of a different situation.

Can't see much chance of local renters.

If they plan farming if from far away like they are doing north of Prince Albert it will be an adventure.

It's a tabletop flat delta. Can sit for some fair long time after a big rain.

Great opportunity with exceptional production possibilities but time can waste away there.

[jazz]

Rumor is M got into the cattle business in BC, running 8000 head somewhere.

[jazz]

Ya after they bought the 20 plus thousand in The Pas they decided they needed another 30 plus thousand. Must have been a good year around Swift and Phoenix

Not a chance they are making money on that land south of swift in the past few yrs. You can find other farmers who post from the area and all they grew was kochia and grasshoppers.

And the good stuff they farm beside me, took off lentils in the sample grade category and durum for feed.

Now on a year like this, still good money, but on any other year that would be a loser. This operation is playing the standard expand every year, hide the true financials game and using bank and investor money to do it. They havent stood still for any 3 yr period ever so nobody knows whats in the books. Couple other operators like that near me. They have to buy something every year to keep it going, thats why you have land bases 500 or 1000 miles apart and their risk of getting it all done on time and in the money gets exponentially harder.

[shtferbrains]

Might be that the richest man in the world has not run profitable buisnesses but people keep investing money because they like what he is selling.
The investors have done well with it resulting in more investors......




More than one way to get to the high life?

[Marusko]

There's some serious money behind Monette. any rumours as to who? they've expanded into montana and arizona too.

The Pas is an interesting area. shtferbrains that explains all the dikes around there. farming a floodplain comes with its challenges.