Is Monette Farms like Bernie Madoff?

[ajl]

Canuckistan is full of 'dual citizens' so the money can be coming from 'canadians'. However, we have not had an extended period of deflation like the 1980's to see how committed this investment is. Most don't expect the current round of deflation to last very long as the gubmint is broke. However, if it goes a bit longer there will be some involuntary restructuring going on soon. A business can only lose money for so long but there is a fair bit of equity that can be burned through this time.

[flea beetle]

That article is a little bit different than this article title from the producer from 2015…

not sure how to link it. You will just have to google the title. Or someone can provide the link.

Foreign ownership of Sask. farmland increasing ‘rapidly’


?

[BighatPete]

Did anyone read this article on international money from Western Producer

[url]https://www.producer.com/news/speculation-about-farmland-ownership-is-running-hot/[/url]

[blackpowder]

Consolidation is not new.
??????Neither are various price points unfortunately.

[agstar77]

This could be on a whole new level. If you bypass the dealers , where are they going to get profits to keep operating? Service, parts etc. Or the price of purchases for smaller operators like SF3. Apparently sales went through dealers, so Deere took the hit to gain market share. What does that say about the equipment mark up?

[blackpowder]

Are you suggesting volume discounts are a new thing?

[agstar77]

Screw the independent farms. You are subsidizing Monette .

[BighatPete]

Yes, somebody dig up details, this fast an increase is impossible.

That was the point of me making this post, I figured someone may have heard rumors or knew something. It seems like the consensus is on speculation of foreign money. These things have a way of bubbling up, but finding out will likely take many years and possible government inquiry at some point

[TSIPP]

Anyway picking roots and rocks was a very labour intensive process, at least the Oliver 88 had a bucket we could toss the rocks and roots into, in 86 dad bought a new degelman stone picker, pulled it with the 560 international , a cab and radio I would have killed for but it was all open air with the dirt and bugs, picking stones was my job for a few years until it was all put back to grass.

[TSIPP]

Pushing bush or breaking sod, is there a difference? Not really.

I wasn’t really talking about time or money, it’s coffee row, worried about the environment or nature or something.