Land rents?

[dwillms]

Cash rent south of Saskatoon is 20-30 dollars per acre.

[furrowtickler]

ado, I am in NW sask as well, only the cutknife - paynton areas that I know of are in the $40 /ac range. Even that is too high for the average production-prices in these areas. North Battleford area ranges from $20-38/ac.
We rent good dirt for $15 10% crop, works very well for both landlord and us,jmo.

[lohner]

I pay 45-50 because thats the market.
I would prefer to pay a % of gross by far. My numbers tell me on avg. I would not want to more than %22.

[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.