Ado is right, spending money smarter is what seperates succesfull farms from those who simply exsist by expanding. Producing more bushels/ac and generating more net revenue is less stressfull than chasing more acres and trying to burn more hrs that are not there, while exhasting your resources.
In some cases/years land expantion is the right thing to do. But every farmer in western Canada is in a unique position on buying or renting dirt. To me once you get to an efficient size for your management/climate/machine load/labour requirements it pays 3-1 to put more money into the dirt you have than to reorginize and expand - JMO. Being a farmer and in the ag retail side for 15 years you see this time and time again, guys that have their ship together and know their limits are by for the most efficient - and they could be 2000 - 4000 - 6000 - 8000ac - and about (2) 10,000 guys. There are some that can't manage 2000ac and there are some who could easily manage 2000ac more. I am sure it is the same everywhere.
Back to the original post, absolutely - try to max out yeilds before expanding acres when land prices are at all time highs. No better time in history to try than now. Push ado, I think he will give some good down to earth agronomic advice on how to do it.
VValk - have you tried McRae Holdings in Cardston/Stettler?
In some cases/years land expantion is the right thing to do. But every farmer in western Canada is in a unique position on buying or renting dirt. To me once you get to an efficient size for your management/climate/machine load/labour requirements it pays 3-1 to put more money into the dirt you have than to reorginize and expand - JMO. Being a farmer and in the ag retail side for 15 years you see this time and time again, guys that have their ship together and know their limits are by for the most efficient - and they could be 2000 - 4000 - 6000 - 8000ac - and about (2) 10,000 guys. There are some that can't manage 2000ac and there are some who could easily manage 2000ac more. I am sure it is the same everywhere.
Back to the original post, absolutely - try to max out yeilds before expanding acres when land prices are at all time highs. No better time in history to try than now. Push ado, I think he will give some good down to earth agronomic advice on how to do it.
VValk - have you tried McRae Holdings in Cardston/Stettler?
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