Land rents?

[lohner]

Also I'm interested to hear what peoples rent is as expressed in dollars per bushel of wheat..
I'm at around $.90.

[BennyHin]

For all of you "younger" farmers out there experiencing these "higher" commodity prices, and bullish sentiment.

If you think you are on easy street and you think you are going to be rolling in dough, you might want to talk to the older generation, who will know very well that any increase in commodity prices is quickly capitalized into input costs (variable and fixed). Your rents and land values go up, your fertili"s"er (that "S" was for TOM4CWB) goes up, your seed, chem, rail, elevation etc.)

So be carefull before buying that 9860 JD, and that $68,00 dually Diesel Silverado 4x4 just to pick up the mail in town.

[SASKFARMER3]

Just on the verge of renting an extra 1000 acres will produce 40 canola 45 wheat or 90 oats rent is 23.51 an acre.
Its a simple game the one who spends the least has the most fun!

[lohner]

Sounds to me like Farmers in Sask. have all the fun.

[SASKFARMER3]

Change of plan this morning on rent purchased half of the land instead!
Purchase price $183.33 an acre, they will farm the remaining for one more year.

[IAMTHEMOLE]

Hopefully with some sustained good prices you will have a chance for a capital gain in your lifetime on that land. I totally agree with ownership versus renting because you will always have the owned land, but will the trend finally change out there and land values turn around. At 183/ acre I doubt the fella who sold it has much of a capital gain.
Its like prepaying 8 years of rent if the value of the land does not go higher.

[wedino]

I find it hard to believe that land valued at that price can command rent of $23/ac.

[SASKFARMER3]

If you know me I look for deals and when I find one I move in. Farming is a business. Rent is also higher in our area because most choose to rent over ownership, can be a big farmer renting but owning it all takes a little more planning.

[lohner]

40 bush. canola ground for $183/ac??!!!!!!!! This "Alberta advantage" is bullspit!!!!!!!!
Your complaint department should be out of work. Good for You.

[cowman]

I am often amazed at how low prices are in Saskatchewan? A few farmers from this area are moving to Saskatchewan to take advantage of cheap land that they can expand on...it is impossible here.
I am also amazed at the cheap prices for hay in Saskatchewan? I would think the cow herd should be growing by leaps and bounds but apparently that is not the case...stats say the Sask. herd actually shrunk last year.
I would think Saskatchewan could still be a place a young man could go if he wanted to farm?
I live about three miles from the Calgary-Edmonton corrider and land prices are so out of line with what can be produced it is ridiculous! But in a way it is the best of both worlds? Very close to a large urban center with all the goodies, yet still fairly rural, but getting more city "escapees" every year! Lots of oil and gas activity.

[SASKFARMER3]

One big mistake foreigners and Albertans make when they buy in Saskatchewan is land fever. You sell 5 in Alberta and move out here and buy 20 but you bring all your equipment for five. The season is different for seeding every year. Spring may not start one year till 15 of may the next its April 20th. It may rain from the may long weekend till July 1st. It can freeze as we learnt lately the 1st week of August. It can snow the last week of September and then take all of October to leave and you have a day or two to harvest the whole farm. I guess what I am saying its tough to grow a crop here but with Large equipment and when the sun shines make hay one can carve out a good return. It is different. Then their is the Saskatchewan Government that will Screw you any way they can. One year their in CASIP etc. the next their not. Sask Crop insurance look at and you will see is the worst coverage of all the provinces. And then theirs attitude that if your doing good you must be screwing some one to get their.
But with all this it is a hell of a deal. Fresh water lakes to camp at or fish, More Golf courses than any where in the country, Skidoo trails to make any die hard wet. And finally peaceful. SO COME ON OVER!

[cowman]

Saskfarmer:About five years ago a group from Churchbridge put on a seminar at Red Deer Alberta called "The Last Great Cattle Frontier"? The idea was to entice Alberta cattle producers to the area(east central Sask.)?
Anyway it was a very good presentation, and though I had no desire to move I did decide to go out and have a look. I found the area very favorable to cattle production,lots of brush,potholes, rolling hills, very much like central Alberta. The people were totally friendly.
The one thing that kind of was a turnoff was the lack of infrastructure for selling calves? Practically no feedlots, auction marts, packing houses?
Yorkton was a fairly impressive small city with all the amenities, however I was amazed by how many of the business buildings were "Saskatchewan Government" and also amazed how they seemed to roll up the sidewalks at 5PM!
On the way home we went through the Queapelle valley and through Regina? I found the valley very beautiful and Regina a very clean and prosperous city! I actually really enjoyed that trip.

[SASKFARMER3]

Yorkton has changed and it has just about every thing a major city has to offer. People are freindly etc. But yes Packing plants etc and no feedlots are a problem. On the Oil seed side three huge crushing plants within 60 miles of yorkton in less than a year.

[IAMTHEMOLE]

What I can't figure Saskfarmer is with all this rain and snow you guys are getting all the time why aren't your average yields higher. Is it because there is a lack of large of modern equipment out there. Or are there huge dry areas as well . I don't care when the moisture comes in dryland country just as long as you get it. Bring on the rain, sleet , snow.

[SASKFARMER3]

This is public forum trust me the yields we achieve are higher and every single neighbor is into direct seeding and GPS and now mapping with on the go Fert placement. Air drills started in this area. FROST IS A KILLER