Fair market value rent

[lesm]

Plan to rent out 800 acres of approximately $100,000/quarter assessed farm land in Saskatchewan. What is it worth per cultivated acre? Would consider cash, crop share or any combination. Any ideas?

[SASKFARMER3]

North or south East central or west. Assessment means shit all.

[Guest]

$50- $60/ac real common in the NE. still some $45 /ac stuff kicking around . some new stuff higher than $60 . it's a lot of money if you're paying it every year . sad thing is you hafta rent the sloughs for the same money ., and the shit that's to wet to farm . already some high rollers forfeited on their rent . I would take something in the middle if it was me and to some young guy , not the bto paying top dollar who will tell you how much he WILL pay when the shit hits the fan real quick here

[lesm]

North east. Anybody doing % of gross with a min and a max?

[lesm]

SF3 Never seen a shitty quarter assessed at $130,000.

[Goodtime]

I have...Chinese investors payed that for shit land in our area.

[Koldkanuck]

$60-$80 per acre NE SK , Kamsack area. Some 20% of gross bushels. Still a few 1/3, 2/3 were as the landlord pays 1/3 of the fertilizer and chemicals and gets 1/3 of the gross bushels.

[Daylate]

Wow! Guess nobody in our area is getting into the swingin dick contest. Most land rents for $40/ac.

[fjlip]

Up to $85 cash or some 25% of gross, NO inputs. Lots less than that but depends on # of aggressive young guns.
One plus 100000 assessed quarter sold for $360000.

[oldjim]

Stick an ad on kijiji and in the Producer. If it's like around here you'll get all kinds and variations of rent offers. Sort through them and get references.

[ado089]

$80 plus or 1/3 up here in the NW. It's just money, can't take it with you.

[SASKFARMER3]

No 130000 if that's the assessment on all 5 you should get 60 to 85.
But I would get references as some BTOs are smoke and mirrors.
We have one guy gets the land lords all the time, just saying.

[blackpowder]

1. No such thing as "fair".
2. "market value" says it all.
3. Most important for me would be longevity and honesty. All about relationships.
You must not live there if you have to ask.

[sumdumguy]

It's fine to hunt for top dollar, but how many pay up on time. Failure to do so should have a penalty clause with teeth built into the contract.

[sumdumguy]

It's fine to hunt for top dollar, but how many pay up on time. Failure to do so should have a penalty clause with teeth built into the contract.