One Earth Farms

[parsley]

He lives in Saskatoon.

[stubblejumper]

He also owns an oil company which gave him the $ to buy land. I wonder how many family members sold land and used their capital gains deduction.

[parsley]

Don bought land when no one else was buying. He paid for his purchases. He didn't leave any bills. Thus, retiring farmers benefitted from Don's oil company profits. He hired and paid accountants. And hired employees. And paid them.


Farming would be more attractive if 5,000 guys like him chose agricultural ventures.

Parsley

[cottonpicken]

I should have worded it like a question,but i really thought i heard or read it because i remember doing a double take.

[gustgd]

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A farmer friend of mine recently commented to me that, “we might as well write the small capitalized farm enterprises off, and stop designing programs to try to keep them going”. The simple economics of his contention are correct. The amount that they normally get from any support program is not enough to keep them economically viable. But, in the real world these farms do not disappear: rather, they are stable units that survive because of one or other of: off-farm income, the desire to live the farm life style, or a willingness to accept a lower standard of living, or all three.

However, in the minds of the public; which means the urban voting public, the emotional pull of the “family farm” provides the questionable base for my friend’s support programs to go unchallenged. The ten thousand acre family farm certainly does not attract this broad support, and may even be derided in some circles as being something less than admirable. The same attitude leads to support for such worthy initiatives as farmer’s markets and, consuming only products from within one hundred miles. While the small units survive the medium sized ones disappear.
On-the-other-hand, in all the countries where industrialized agriculture is leading the way: Canada, the U.S., Russia, Brazil and etc. farm size is expanding only limited by management issues and capitalization. The output whether measured as; per worker, or dollar invested or acre is way above the former medium units. We are being warned that food production has to double by 2050 which means that productivity has to increase on the existing industrialized units but certainly on those, still underdeveloped, world wide.

1.2 Re: Comments: Re: the Politics of Farm Size. “ The ‘family farm” regardless of its configuration, (size, ownership), is still the most efficient organization in the long run for cereals and oilseed production. Operational decisions are made on the spot, on the fly; which means when timing is critical things get done. The giant corporate farm simply cannot replicate that management flexibility. Cash flow is another issue. The family farm can tighten its belt in the lean years, live off depreciation and survive on very little net income, provided it can cover its interest payments. Salaried and wage employees will not wait two years for their pay.”…Allen Hingston

[SASKFARMER3]

Parz you forgot one thing.Yes he never stuck any one with a bad check and was one heck of a farm operator because land was cheap their. But guess what FROST Drought in rain belt and FROST. and his accountant told him to quit while he was ahead.
Their is no government support out their for farmers its all smoke and mirrors. Ask the hog and cattle guys now how things are going. Before it was just us dumb grain farmers who complained that we had to go head to head against the USA.
Any way this new super farm will find out that its mother nature that controls things and when she dishes you three crappy years in a row the farm will be done.
But I for one wish them all the luck in the world. Hey go for it.

[furrowtickler]

Sprott may have two advantages, one -deep pockets, two - deep pockets from the natives who can do a rain dance.
I just think unless this is irrigated land he will not see a profitable rate of return and be out within 5 years, when the rest of the financial markets turn around and he can make real money again. And no this land will not be worth $5000/ac when he is done, unless it all boarders Calgary city limits.

[parsley]

Actually SK, profitable farming would have been a supplementary bonus, but it was not the object of the exercise, nor was poor profit the reason for ending the exercise. pars

[SASKFARMER3]

What was his game plan it sure wasn't making any money from the farm. Yes the main thing was owning the mineral rights on as many of the quarters as he could. But after couple of years of crop failures the accountant said quit its time. Am i wrong or not.

[SASKFARMER3]

Saskfarmer3, you have to the most pesimistic person on this site I have ever followed. If you are this negative with everything you do, there is a very good chance your business will struggle.

If farming for you is that bad, get out! Like every other business in this world, some do not make a reasonable return for their efforts. On the flip side, many operations have been managed well from day one and combined with luck at the right times are very successful.

Leave those who want to be in this business alone and support them, don't criticize them.

The world is only going to end in your mind, not everyone else's

[cottonpicken]

Saskfarmer vs saskfarmer who will win?LOL



Furrow my grandaddy never thought he would see land over 300.Of course hes 93 and his mind is narrowing.

Yours must almost be shut.

[SASKFARMER3]

Ding
Round one.
Well 99 lets rumble.

Read comparing why don bought the land for the real reason.

The deal with the natives is good for two people the accountant and the money man the natives will get the shaft.

Thats it, I wish them luch hell I hope they succeed but i am betting they will last a few and then go by the way.

Whats your prediction. MR Positive and give examples that show any one who invested huge sums of capital over years with lots of labour and a account in the mix.

The answer is simple none.

Have fun

Good luck Earth Farm.

HA HA HA HA HA

[parsley]

Ask him directly. I find the owner can always give you the more thorough, accurate answer. Pars