land rent

[JDGreen]

furrowtickler is correct. Shared risk cash/crop share works dandy. We have succesfully done this with a couple of landlords. Happy us and happy them. They have done very well over the last 3 years. Do the math on the coconuts giving away a 1/3 share of 40 bushel green lentil crops at 18.00/bushel. $237/acre with no expenses. Rent er out I say.

[Burbert]

Super Comedian framers, BS is at a premium
right now. Land prices will drop like a
stone once the cwb ceases to exist, ifn
that happens. Then the corporate
marketeers will move in and scoop it all
up. Evil, butt the free market reins.
Law of the jungle, get big er git outta
the way!!!!!!!!!!! Butt we all know what
dogs do ta big wheels don't we??????

[malta]

Burbert, I am so thankful not to live in your world. I would get very depressed always seeing the glass half empty and assuming the sky would fall. Just for your information the glass is always full. Half water, half air. The elimination of the mono[poly is unlikely to effect land prices. With freedom, wheat prices will increase, farmers will make more on their existing land and won't have to expand to make a good living.

[Klause]

Are you looking to retire, HB?


I'd offer $50... $55... would maybe go to $60 with the
storage...

[dubsy]

Burpfart please enlighten me on how the cwb's desmise is going to affect land prices?? You might be right it might raise land prices but I have a feeling thats not what you had in mind..

[Wheatking]

Avg gross per/acre is approx $300-325/acre at today's prices. Avg prices it would be probably be closer to 250-300/acre. Your avg costs to put the crop in the ground I am guessing are close to $200/acre not including land rent. I would assume you would want at least a 25% to 33% ROI. So that would be between $50-$66/acre for yourself. Rent should be between $40-$50.

You take all the risk with both price and production, I would think that would be a fair rent for both parties. But by those calculations most people would be paying way to much.

I wouldn't be surprised if most people haven't figured out what they should be paying for rent, they only know what the neighbour is paying so they will pay one dollar more. And i guarantee most investment companies buying land have no clue about the productive capacity of the land.

[grrrr]

35 canola
50 wheat
50 peas
People think that is the new normal and they base their numbers on it. True, in the Humboldt area, 3 of the last 4 years, those numbers were obtained, but can we expect those yields to continue? Not likely when you factor in a return to normal conditions. (early frost, too dry etc.) Some will pay the big bucks and get away with it. Fine. These are the ones that push the business of farming. But when tough times come, some of these same people are the first to be squeezed.

[northernfarmer]

Hey Hopperbin - if you are seriously considering renting out I would like to talk to you. How can I get in touch?

[Wheatking]

With the slight possibility of renting out land it really brings out the trolls. At least its not someone phoning the day of the funeral.

[northernfarmer]

Trolls? How is having an interest in renting land paramount to being a troll?