Land Sale 15 Miles south of Yard $256,000 a quarter.

[burnt]

Redleaf, if we see a repeat of the '80's, as you gave as an alternative scenario, there will be blood.

There is still deep resentment in these parts over those who were bailed out of their irresponsibility by the Farm Debt Review Board. A few learned their lesson and pulled their horns in but many took it as an opportunity to leverage their new-found "equity" and go out and expand.

So they were basically using our own tax dollars to compete against us.

Yes there are many who find that more than a little abrasive when those same guys come into the coffee shop talking about their latest exploit.

[burnt]

What was this land worth 5 years ago?

[furrowtickler]

wmoebis, you are dead wrong! The wheels are falling off some as we speak. Time will tell.

[Hopperbin]

I believe your wrong also, and that crap they got coming out of them 40,000 bushel bins most likely is not fit for human consumption. And flip that farmer from Quill is kicked out of most other dealerships, I believe not even allowed in the door. His investor is backing his machinery purchases. And his workers he had last fall drove over the swing auger 6 times.

[furrowtickler]

I will still stand by this - Stay with what you can manage efficiently 90% of the time. Most of the time you are better off by a long shot to put an extra $5/ac into what you have rather than paying more for what you might get or may loose.

[fjlip]

Yes Hopper, I've heard all those stories from employees at the dealerships. What a shame to have that reputation. We have others that are NOT desired customers closer to home also. The scale of the farm seems to proportionally swell the head.

[furrowtickler]

There is a clown at Cutknife that sounds the same, nobody localy will touch him - except Cargil. Has to buy all Iron 200 miles out or more b/c he has screwed absolutly everyone. But hey he his a BTO and runs a shit show.

[SASKFARMER3]

Boys the point I am trying to make is these land companies are inflating land value. Then hoping a stupid farmer will pay them an overpriced amount to farm their dirt. Is this not a return to 1930's. Because back then when the shit hit the fan these guys couldn't find a renter simply how do you get blood out of a stone. They couldn't farm plus had financial problems of their own. Land sat for years then taken back for back taxes and then resold to farmers in district. Or in 1980s when the Germans were buying property in Canada. Is their any that are still owned by these groups, No all back to locals.

[hobbyfrmr]

Its fascinating, around here the "Google" farmers, best of breed and too big to fail, have taken over what was regared as big farms, 2500 acres plus. One guy bought out "farmer of the year" from about 8 years back. IN 2 RM's there are 3 google farms and 3 4000 acre farms and about 4 stragglers 1000 acres or less. The 2 biggest are decent enough people to talk with, 3rd is a little more rough around the edges. I cant decide if its a good thing or bad thing. Anybody who wants out, gets paid well for rent and usually a job to go along with it. It seems to be working. I dont like the trend, maybe because I will miss out on the good rent money and could be working elsewhere. I

[furrowtickler]

Those big guys are not too big to fail, it is happenning as we speak. Anyone want to rent 50 1/4's - now at seeding time - at full blown retail fert and seed with big rent? I say let that invester sit on that dirt for a year, no one should rent an acre from that investment group, or offer them $15 max. This is the perfect oppertunity to just say no. Plus why the hell would you want to take on more land May 12th? Add 150-200 bucks/ac on top of what your already got lined up?