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Is Monette Farms like Bernie Madoff?

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  • WiltonRanch
    replied
    Yeah that’s an investment.

    Leave a comment:


  • blackpowder
    replied
    Originally posted by BighatPete View Post

    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.

    Leave a comment:


  • mcfarms
    replied
    Originally posted by BighatPete View Post

    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.

    Leave a comment:


  • SASKFARMER
    replied
    Look to Manitoba for another farm bought.

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  • furrowtickler
    replied
    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

    Leave a comment:


  • BighatPete
    replied
    Originally posted by mcfarms View Post
    Was told this morning they were successful in getting soderglen ranches Airdrie operation.
    5000 acres supposedly in the 80m. Range
    That price seems high for that. No way they can make money at that price.

    Leave a comment:


  • mcfarms
    replied
    Was told this morning they were successful in getting soderglen ranches Airdrie operation.
    5000 acres supposedly in the 80m. Range

    Leave a comment:


  • LEP
    replied
    A couple years ago someone posted a screen shot of a title from some of the Monette Farms land south of Swift Current.

    Be interesting to see a title search of some of their more recent acquisitions.

    Leave a comment:


  • AlbertaFarmer5
    replied
    There's a quarter very close to me that sold to a dairy Farmer from BC a few years ago. They're putting up hay here in Western Alberta to truck home. Most of the quarter is muskeg. Not sure if they knew what a muskeg is.

    Leave a comment:


  • Taiga
    replied
    Armstrong/Enderby where this is isn’t near that high, but Fraser Valley is insane for sure.

    Leave a comment:

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