Land Prices...

[wcfarmer]

There was a 1/4 in the beechy area that just traded for 1000/ac. Assesment in the 60000 range. Thought it seemed pretty steep at the time but now i am wondering if it was the right price. The story is that the renter said no and another neighbor swooped in and said yes. I thought the renter was doing the right thing but maybe he made a mistake. Time will tell but it seems all to expensive for this old fart.

[Hopperbin]

Klaus I would suggest putting a land wanted to rent or buy in the Humboldt Journal, put in there that you intend to move here and possibly that you are not a large investor. Most of what I can find for you I would not consider buying or renting myself so why dump the shit on you. Be very careful of buying on assesment or class F or what ever never heard of that. Assessment does not neccessarily mean anything here.

[hobbyfrmr]

Riders has a point. Maybe I am too much on the fence/greener grass. If you intend to farm, buy the land. Invest in youself. This might mean a track hoe for $30,00 and enough work to pay for it in 2 years. Or a vac truck, or starting a business that may very well generate better money than grain farming. If you are determined to buy land then buy it and farm. I have been at this game for 20 years and I still do not have the confidence to say "yeah, its going to work and in the long term there is success in farming."
I do know 3 farmers in my area raising young children living in shitty little farm houses with $750,000 worth of equipment in the yard to do the right job on their 6000acre farm. When canola was $8.00 and wheat $4.00 he mentioned that he was pleased with the performance of his $180,000 combine, but could not pay for his kids' swimming lessons fees. Re reading my post, I can see this is not really providing much direction, just make sure you place good thought into your actions, then proceed.