Largest Farm Auction in Saskatchewan

[SASKFARMER3]

ARe you just stupid out side investment comming in out of the 83 quarters locals bought most of them.
One Cowboy with oil money bought a few.
But letting the Americans in to buy our land and then go work for them your missing something. Subsidised to the ying yang and nothing available to canadians its good to let these people in to buy out hard working canadians and give it to them at bargin prices and then go work for them.
Your out to lunch.

[SASKFARMER3]

Yes all this is fine but don't think farmers in Saskatchewan are not good manages as compared with Manitoba or Alberta. Actually their probably better at handling disasters. We had a frost in 2004 that spring the NDP changed crop insurance and came out with 56 dollar coverage for almost 10 dollar cost made the city guy happy then it froze and their grade factors were way out to lunch durum it was 70 % so if you grew 40 feed or 5 durum they said it was 28 and you received nothing from insurance but then sold it for $1.40 a bushel
They took Grip away from us as soon as they were elected, property taxes on farm land are mostly for schools in the city, they don't tell you if their covering CASIP to 70 % till a year later.
It just goes on and on so when a new Canadian or Albertan moves here and a disaster hits he learns really fast and no one likes to admit they made a mistake.

[jensend]

not talking about americans. am hearing about alberta money coming into more sectors of the economy than just agriculture. don't get into the delusion that agriculture alone can power sask. it hasn't worked for the last sixty years has it? not out to lunch. moved here from alberta and am able to observe from the perspective of an outsider. grain farming has lots bigger problems than land taxes or the loss of the crow. you've nailed it down in other posts about chem and fert pricing and the concentration of ownership in grain handling. albertans move here to grain farm not realizing that the problems of farming in alberta aren't just land prices but the whole grain farming economy is screwed with concentration of ownership AND profits. just took us a couple of years to realize that even in a bse cattle economy we were better off with cattle than a normal grain economy. heard the other day that the biodiesel works if canola is priced at $5.50. what's second prize???

[SASKFARMER3]

If Alberta oil money moves in to the province other sectors excellent, grain farming is in dire straits because of years of abuse and us stupid grain farmers let the market and companies do it to us hopping that one day we would get some help like the Americans etc.
Most people who move here get a big shock.
Yes we had cattle on high assessed land back in the 70 80 and early 90 but converted it back to grain now a feed lot system we are looking at. our marginal land is minimal in our area. Agriculture has big problems just look at the BSE the feds told farmers for years that it would work it self out and sent money to Cargil etc. and the primary producer got squat (By doing taxes see lots of returns) But the year before the BSE hit the smart feedlots that we dealt with for years on feed barley were telling us we don't want your barely were bringing in cheap USA corn by the car loads so keep your grain oh yea we will buy it at 1/2 price.
And the Americans in turn Nailed the Canadian cattle man a year later.
Ha!

[carebear300]

IBin the time to apply pressure is when Harper is in a minority situation because supposedly every vote matters. We won't have much clout if he gets into a majority position the for sure he will ignore agriculture. One sure way to silence my rantings start treating agriculture with the importance that it deserves. And IBIN you must have grown up in Sask. as a socialist because they act exactly the same way when I criticize the NDP provincial government!!!!!!

[jensend]

i get a kick out of the guys whose parents voted ndp for years with the prairie giant telling them that the wealth of sask was only for sask and nobody else should be allowed to do business here. turns out they were wrong and everybody's crying for help. if you haven't figured out you're on your own and will have to do business that way i guess things will play themselves out. sounds harsh but this is part of sask joining the rest of the country. the feds have always left western can agriculture out to dry and over the last twenty years allowed the american multinationals to take over. they'd like some help for the farmers too because it would reduce some of their receivables but not too much help because the market control is what they really like. a morally corrupt provincial govt. just puts salt in the wound.

[rosco]

The story here is that Glen Price(Sunterra Farms) bought aobut 34 quarters at the sale. I'm guessing that he will be doing something cattle related with the land.

[jensend]

word on friday was that they want to run yearlings on grass but the next logical step is a feedlot application which i expect to see in the next year or two. with 30 plus quarters they should have a reasonable site for environmental and water factors. this is a good thing.

[WoolyBear]

Stockholm isn't very far from Neudorf. Sunterra is an upscale marketer of their beef, (and other meats) in the Calgary and Edmonton markets. Graze raised and natural beef is the IN thing so this would be a perfect marriage with Natural Beef in Neudorf

[cakadu]

Sunterra also has a very lucrative market for hogs in Japan and have had for many years. They know what they want and know what they need to do in order to get the customers and the markets. Sending beef to Japan, given their longstanding relationship with them over pork, is the next step I would imagine.

[cowman]

So is Price going to move out there? I frankly doubt it? So how is he any different than an American buyer? Isn't he in reality just another "foreign owner"? But then he will pay his taxes, give some local employment and move some grain land out of production, so it is probably a good thing?
And if an American bought the land and rented it out he too would have paid his taxes, created some opportunity for some of the locals, so maybe that would have been helpful too?
Seems to me this was a win-win situation? The guy farming this land now has gotten rid of something he didn't want, the guy buying got what he wanted? Everybody came out ahead.

[cowman]

And you can be sure that Sunterra will be a good community citizen regardless of who lives on the property.