Is Monette Farms like Bernie Madoff?

[SASKFARMER]

Look to Manitoba for another farm bought.

[mcfarms]

That price seems high for that. No way they can make money at that price.

In between Calgary and Airdrie that's not a farming play.

[blackpowder]

That price seems high for that. No way they can make money at that price.

U need to separate the price of land from the idea of that piece alone making money raising crops.
Has never been a standalone equation.

[WiltonRanch]

Yeah that’s an investment.

[Crestliner]

The price they paid for land here was very high that no normal farm could ever make it work , but they keep buying and expanding.
just seems limitless

Farming is very slow money and payback with the occasional un-expected windfall....everyone on this site can agree on that!

Usually what doesn't make sense.....doesn't make sense and we will read about the unwind in the paper.

In the meantime.....best of luck.

[bucket]

Farming is a marathon. If you run a sprint it's like the horse that shits fast, it don't shit for long.

[sumdumguy]

Interesting comparison Bucket. Laughing emoji !

[BTO780]

Was seeing 9 quarters of pasture got rented for $8500/quarter. That was closing bid.

[rumrocks]

What’s the going rate for yearlings and cow calf pairs per day?

[WiltonRanch]

$8500 a quarter rent for 20 pairs if it’s half decent is like $425 per pair. Figure breeding, feed, yardage, vet, and death loss you’re pushing a couple grand break even on fall calves. Not to forget if you paid $3000 for breds you got to work that in. Wow! Just a year ago we couldn’t make the cow thing work.

[zeefarmer]

Was seeing 9 quarters of pasture got rented for $8500/quarter. That was closing bid.

You're referring to the pasture that rented east of Assiniboia?

[Old Cowzilla]

And there lies the problem guys think your nuts asking $50/acre for pasture yet sombody will give you $80 to grow a poor crop of canola What are Co-op style pastures charging for pairs now? ( if you can still get into one )

[bucket]

And there lies the problem guys think your nuts asking $50/acre for pasture yet sombody will give you $80 to grow a poor crop of canola What are Co-op style pastures charging for pairs now? ( if you can still get into one )

Makes a guy wonder why the pastures are not getting ripped up for cropping? What stops them from doing that? Big $$$$ in cropping, why grow cattle???

[AlbertaFarmer5]

https://www.producer.com/news/monette-farms-clears-trees-in-man-locals-frustrated/

I find this Western producer story concerning.
The locals somehow believe they should be able to dictate what their neighbors do on their own land?

And the media thinks that landowners removing their own trees is newsworthy enough to send reporters all the way to the scene?

While I sympathize with the local cattle producers tried to compete with that, it sounds like their plan was to leave it in Bush which last I checked doesn't feed very many cows. This looks a lot like the free market at work, someone is willing to spend the money to improve the productivity of the land, therefore it is worth more to them.
Either that or else global warming doesn't occur on schedule, and it all reverts back to pasture land, in which case the locals can buy it back after someone else spent all the money improving it.

Is this what the future holds? Farmers need to consult all potential stakeholders before making any improvements to our own land?

[furrowtickler]

What I find interesting is that to sell any canola to Richardsons or a few others , one must sign a declaration stating that you are not to remove bush and or drain wetlands as per an agreement to sell to European markets.
well all the larger farms as pushing bush constantly and their trucks still roll in and out of those elevators.