What would you do?

Yes, via land owners

I would wanna see check before I believed it
Some landowners like to make headlines that they are getting the most

[jazz]

Canola was like $9 bucks just a decade ago wasnt it.

Anyway, the answer to the question what would you do is going to be answered in the next while. If Trudeau gets in again and our premiers wont fight, there will be a lot of land up for rent I imagine.

[shtferbrains]

In 86 canola was 6 bucks in spring 3.80 delivered to crusher in September. Would that be like 19 bucks in spring and 12 bucks in fall in 23 ? Can't happen again ? FUN TIMES !

In those $6 to $8 canola years most wouldn't gross $200k on 1000ac across the whole farm.

Generic glyfos and direct seeding was a quantum leap.

[BTO780]

The saying is they aren’t making anymore land.
Also, our land is pretty cheap compared to the rest of North America.
It does seem like such a high value, but if a good operator wants to take it for that he’s more than welcome.
It would actually be nice for three yrs not to pay attention to grain markets and fert prices.

[SASKFARMER]

Our area is at $150 or close to it one bigger guy has quit and will be renting his out. Just found out another has packed it in and will sell equipment in spring and renting his land out.

No movement for years finally have bidders and she is moving on up.

We have a chance at big crops most years the west side doesn’t

[Old Cowzilla]

In 86 canola was 6 bucks in spring 3.80 delivered to crusher in September. Would that be like 19 bucks in spring and 12 bucks in fall in 23 ? Can't happen again ? FUN TIMES !

[zeefarmer]

Any proof this actually happened?

Yes, via land owners

[makar]

I rent my marginal land for 50. yes prices up, so is inputs and other factors cut into profits. I rent to neighbors I like, the profit to them is high risk in my area. I could get more but like my guys.

[quadtrac]

Good luck to all
Not long ago canola was $10 and wheat $5
Inputs , parts and machinery doubled or more since .
$200 / ac in an area that has seen 3 years drought and sitting with zero subsoil moisture… something is incredibly out of touch

6 bus / ac lentils and 10 bus canola don’t even scratch inputs let alone rent .
Something else at play , $200 rent is suicidal

Ummmmm, those yields dont work with zero $ rent.

[blackpowder]

Agree to a point A5.
Ever increasing capital gains make generational transfers difficult.
I suppose a properly functioning system walks the line between property devaluation on one hand, if you can't buy it, and too high a value, if you can't sell it.
I have wondered where that line is and have see both sides.