Will Canadian Farmland Be Going Public?

[Hopperbin]

Its most likely our accountants luring these firms in, don't kid yourself they know your books better than you do.

[Hopperbin]

I just don't think we should underestimate large investors. One thing if they are still interested then that can also be a good thing. Although I would like to see them scramble to get out. The British guy said they bought back for cheaper, the investors don't always make money and I don't think they can operate as efficiently as us.

[SASKFARMER3]

I think you hit the nail on the head
their. Yes it seems we have spys in our
companys.
Fun topic just tough call what to do. I
do think if some one came and offered
say. $20,000,000.00 for my farm
Buildings, Land , Mineral rights
(results of Drilling rigs test holes)
might just decide to take a break for a
few years. Maybe play up north on a
section or two.
What you say Big boys lets make a deal.
Ill take 20% of your money.

[SASKFARMER3]

I do agree on the fact I feel were more
efficent. One earth is running training
this winter for farm labour. Yea I do
remember that was tried before, Good thing
govt pay for this.

[Hopperbin]

Yep training is a good thing. When you got 6 quadtracks on 6 drills and they all get stuck and one folded into transport.

[freewheat]

I just want to bring up that to some of us who have lost a small fortune due to weather the past 5 or 7 years, land as an investment is shaky. That is where i am coming from. Whether it is early frost, flooding, or drought, the weather will dictate farmland prices over the long term.

Wow, some of your land prices have gone up a lot! But here they are stagnant from incessant weather. My point is, believe it or not, it could happen anywhere. Throw in 5 pathetic years, and the investment is not only shot, its ability to provide an income is shot. What happens when it gets dry again?

I just don't see what these companies are seeing. I don't think it will last.

[hedgehog]

some companies have a hunch that grain is still cheap, and is going to get a LOT dearer.
800 C/BU is not really that expensive for spring wheat when it was nearly that in late 70,s. when gas was nothing and labour v cheap.
In 1973 wheat went from £30/ton to £100 in 12 months, when £2,000/yr was a good wage.
All due to a russian drought.
If a ton of wheat went to half a months average salary, like in 73, the sh*t would hit the fan!

[Hopperbin]

I wish I never would have thrown them old books out.

[Burbert]

Our neighbours are the worst, landgrubbers
in our area. Dob eat dog world out there.
Only sell ta the highest bidder. Fthe
neighbours. Comedian framing has changed.
We have a cracker running Gag now. What
ya expect. Its angribusiness, bucks, big
bucks is the only ting that counts. Money
talks and bullsh-t walks eh!!!!!!

[malta]

Seen these kind of things before. Fund managers will pay themselves about $250,000 per year to "manage' the fund. Guaranteed to be a staff of at least 20 to manage the $100m. tough work collecting the rent from the farmer once per year. Instead of the hoped for return of 4% per year the investors will get about 1%. When the crunch comes in a couple of years and the investors lose 30-50% of their money, there will be calls for an investigation because the government didn't protect the city folks from themselves. Yep, gonna be fun.