Less Competition

[WiltonRanch]

You have to hand it to Monnette’s pulling off the mega farm this long in this part of the world. Remember the one brother when he was still at case on combine to customer thing in Winnipeg. Likeable kind of guy but never would’ve thought he’d go all in like that. I’ve come to the conclusion and seen it around my area with oil guys too that it takes a special kind of person to take on these big risks and maintain them when they come to fruition. Props to Monnettes for figuring out how to keep it going.

[jazz]

The majority of Monettes holding are in Swift Current and Montana. What happened there last yr., or even the last 4 yrs. If you look hard, you can find vids of these guys taking off 10 bu durum crops with millions of dollars of iron.

But they seeded lentils next to me...fed a lot of pigs after it got 4 inches of rain and they still hadnt moved into the RM yet.

If these guys got a standstill audit you would be shocked.

These guys are nuts with these lease roll overs.

[binthere]

45000 acres added for 2023 near north battleford. Full steam ahead.

[WiltonRanch]

45000 acres added for 2023 near north battleford. Full steam ahead.

Who’d they swallow up?

[Taiga]

What do you think it would cost to seed 100,000ac? $15M probably for seed/fuel/fert alone? Plus wages and equipment

[WiltonRanch]

What do you think it would cost to seed 100,000ac? $15M probably for seed/fuel/fert alone? Plus wages and equipment

More I bet like $20+

[jazz]

45000 acres added for 2023 near north battleford. Full steam ahead.

Diversifying, I like it

[jazz]

What do you think it would cost to seed 100,000ac? $15M probably for seed/fuel/fert alone? Plus wages and equipment

Except they have close to 200k acres now.

Its just an ownership gambit. Western land are the last asset out there. Look at Bill gates. They just want to own it, they could care less if it ever pays for itself. Use fake fiat to buy real things.

We should be taking note. Next time rates are in the 2% range should be loading the coffers.

And holding land inside a corp is a new twist. Much easier to pay higher interest rates.

[Freightshaker]

But did he buyout raptor enterprises? Coffee shop says long term lease.

[AlbertaFarmer5]

And holding land inside a corp is a new twist. Much easier to pay higher interest rates.

Can you explain that please? Interest is it write off either way, in or out of the corporation.

[oldjim]

https://monettefarms.orderpromos.com/

[furrowtickler]

Except they have close to 200k acres now.

Its just an ownership gambit. Western land are the last asset out there. Look at Bill gates. They just want to own it, they could care less if it ever pays for itself. Use fake fiat to buy real things.

We should be taking note. Next time rates are in the 2% range should be loading the coffers.

And holding land inside a corp is a new twist. Much easier to pay higher interest rates.

he be close to 280,000 or more now
Heard 25 year lease , bought the home yard of Raptor Enterprises .
They have known each other since University

[furrowtickler]

But did he buyout raptor enterprises? Coffee shop says long term lease.

Sounds like long term lease

[Taiga]

Bought a BC cattle ranch operation for $68M last fall.

[WiltonRanch]

Bought a BC cattle ranch operation for $68M last fall.

Heard a winery in BC as well. Cattle ranch in bc hmmm that’s like getting the clap and trying to give it to someone. Know guys who sold out and bought ranches in different parts of bc one being the Gang even. Can’t get rid of them and wish they never did. Only thing is wait till you find another sucker.