At what price would you sell out!

[farmaholic]

Going out on a limb here... wanna bet its non-Ag money at work again? Hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahahahahahahahahahahah, sorry for that!!

[SASKFARMER3]

It is investment money coming from TO.

[greybeard]

Recent chart in The Economist put Canadian farmland values at 10% f USA on a per acre basis. Suggested it was the cheapest place in the world to produce wheat.
Much lower than SA and next lowest was the Aussies.

[Hopperbin]

I would like to see these numbers. And Sask3 I have been dealing with should I sell for a while now. I like to farm that has been my life. As in your case were similar just that thinking your farm is worth much more have no idea what age your at. Don't think we should sell as let these dinks that want to make 1 percent go hard.

[greybeard]

http://www.economist.com/node/21560884

Recent sale in Iowa $21900/acre
Rents @ $700 acre.

[Hopperbin]

That rent works out to just over 3 percent profit, and not sure about american land taxes but is what it is.
Have to talk to FBC about these peoples taxes on property etc but whats my chances they know anything?

[hedgehog]

the govt in canada, nz, and oz made a great mistake in not retaining the freehold of farmland, and could then have stopped over large farms and foreign ownership.

[hedgehog]

connemara farms in australia had 50,000 acres repossessed and all equipment auctioned last week. a chinese company has bought the land.

[SASKFARMER3]

Funny thing after sitting on the Cat all
day yesterday, you realize that you are
the third and fourth generations on this
land. Yea selling would make one a very
nice retirement. But again I believe in
the family farm. These type of
operations last and last. Like one
earlier post in this thread. Find a old
RM map and see who still is their from
the beginning and how is that farm doing
today.
Also if one decided not to farm the land
and rent it out at 87.50 half way
between 75 and 100. on the farm would
generate a income very nice for the rest
of ones life.
Oh well back on the cat, the land I am
working on needs a little help.

[HappyFarmer]

Well said Saskfarmer.
Its the family farms that keep our communitys going. Just selling is the easy way out, but working towards the futures for yourself and your family is something IMO that you can't put a price on.