commodity prices vs land prices

[wilb]

Is farming really as bad as everyone on here says it is (or do y'all read the Western Depressor before you come to your computers?) If things are really so bad, when will we see an adjustment in land prices? Where I farm, there is no more land listed than any other year, and everyone is still asking more than last year's record prices?
1. is it different where you farm?
2. is the CAIS program keeping farmers going long enough to keep that land off the market?
3. is the off-farm income or investment money keeping land prices up?

[countryguy]

Where I come from farmers are just plain idiots.Everyone just wants to be bigger than the guy down the road.It's going to be interesting to see how long this can continue.

[seedsman]

In this area, not much land is listed either. It seems that every year, about 1 or 2 parcels of land sell to buyer with foreign sources of capital and that maintains the price for everyone else. Not too much else has sold in the last few years

[dfarms11]

the answer to your question is answer #3

There is NO doubt in my mind on that!

[cowman]

In my area(central Alberta)land prices continue to rise, sometimes quite dramatically? The influx of European farmers has started to dry up as they realize cheap land(by their standards) does not mitigate the poor profit potential of Canadian agriculture.
The land that is trading is either being bought by old established farm families with petro bucks filling their pockets or by oil wealthy urbanites! The urbanite bought land is either rented out or becomes a recreational playground for the wealthy.
Recently rough land along the Red Deer river is being bought up at very high prices by speculators from Calgary.

[cowman]

In our area it's the same thing any dirt that comes up is grabbed imediatley. Every farm is different whether your farming owned land or rented land, but when does it become a living your trying to succeed or a pissing match with your neighbor??

[WoolyBear]

Or could it be reason #4........ The banks and farm Credits are leasing the land back to the farmer rather than "flooding" the market with all the land that MIGHT otherwise be on the market, driving down the prices. It wouldn't look good on their books if the value of all their loans out there is suddenly devalued by 10 to 20%

[JD4ME]

it's either econimics of scale for the farmer or the realization that land has been a should continue to be a fairly stable long term investment for the speculator. Will there be a correction in Alberta? If the the long and short term economic outlooks are correct not in the short term.
This is more pronounced the closer you go to the urban centers with the effect being very ripple effect like, the closer to the center the larger the ripple etc.