Crop Share vs Cash Rent

[jazz]

I think it is time to be careful.

Imagine a scenario where the trading blocks break apart. Because thats clearly a possibility. Canadas grain sales partners are also Russias. There are 20 countries joining the BRICS movement.

Imagine a scenario whereby Russia is the main commodity supplier into populated ME and SE Asian consumer markets which total 4B people.

We could have a lot of our products stuck on shore one day.

[shtferbrains]

You give Russia's ability to produce high volumes and quality unquestioned endorsement.

What is your assessment of his military experience?

[jazz]

You give Russia's ability to produce high volumes and quality unquestioned endorsement.

What is your assessment of his military experience?

I don’t endorse anything but the sands are shifting beneath all our feet. That’s clear as day. 20 countries joining brics representing 5B people. You don’t ignore that.

How would Canada respond if Europe became our major grain importer instead of china and the ME was exclusively supplied by the FSU We can’t export eastward like we can over the pacific.

Things are changing.

[ColevilleH2S]

...How would Canada respond if Europe became our major grain importer...

Things are changing.

Will there be much market left for Canadian production after Ukraine changes it's rail gauge from Russian to EU standard?

[red rider]

Rent out it ALL out or one more year ?

We are actually thinking of renting some out and keep farming with close by home land. Due more to our age than world circumstances. We always have had local young people in mind for some of our land parcels. At one time , we would have been large farmers for the area. Actually still are. While we were in process of trying to figure out a price to rent some of our farther away stuff , one of our landlords came to us and said they feel their land is woth X. It was more then we were thinking of asking for comparitable land. So we dropped it. It is closer in proximity to home than some of our owned land. If they can get what they are asking, we will probably rent some out. But all our inputs are bought in July too. and most are delivered
Our get up and go, has got up and went. Trying to figure out tax implications now.
Although our getting old and arthritic situation is a different can of worms than most people are thinking about.

[fjlip]

RR good answer, we did similar, never been big, but still able to play, time will tell. Common question to me, how long you farming? I say one year/day at a time. We both have No loose ends, wills, incorporated, retirement funds, taxes all planned. Sons can play "farmer" if they wish.

Advise everyone to plan, time flies... Turd drooling to waste your legacy!

Others in 20 mile radius quit/rent or sell with ONE phone call.

[zeefarmer]

Only one quarter, but there was a land sale in SW Sask at $4750/ac...

[AlbertaFarmer5]

Only one quarter, but there was a land sale in SW Sask at $4750/ac...

Southwest saskatchewan, as in the heart of the Palliser triangle? The area that has just endured back-to-back droughts?

I'm beginning to suspect either myself or else Errol doesn't understand the definition of deflation.

[zeefarmer]

We're in the Garden of Eden within the Palliser Triangle and had average crops in our little area. Others 20+ miles away weren't so fortunate. I had thought it would go around $4000/ac, not close to $5000

[furrowtickler]

We are actually thinking of renting some out and keep farming with close by home land. Due more to our age than world circumstances. We always have had local young people in mind for some of our land parcels. At one time , we would have been large farmers for the area. Actually still are. While we were in process of trying to figure out a price to rent some of our farther away stuff , one of our landlords came to us and said they feel their land is woth X. It was more then we were thinking of asking for comparitable land. So we dropped it. It is closer in proximity to home than some of our owned land. If they can get what they are asking, we will probably rent some out. But all our inputs are bought in July too. and most are delivered
Our get up and go, has got up and went. Trying to figure out tax implications now.
Although our getting old and arthritic situation is a different can of worms than most people are thinking about.

Much the same situation here