Fair return

[furrowtickler]

Why is it such a fukin sin for a farmer to get lucky once in 20 years to get a good crop and a good price at reasonable rents ?
If times are that good , go back and farm it yourself and take that 100% of the risk back and pray you don't get flooded out , hail out , frosted out , driughtef out , get no bugs or have to spend a fortune on crop disease . *** some landlords and the entire Ag industry needs to wake the *** up to the down side that faces the actual farmers on a day to day basis . And no insurance is going to cover all that , or even part of it .

[furrowtickler]

75% of the landlords are renting out their land now for a reason , because they could not even make when they could .... sorry that's a fact

[fjlip]

How about too old to keep farming, but rather not sell.

[farmaholic]

How about too old to keep farming, but rather not sell.

.....and now to talk out of the other side of my mouth. These types I have more respect for and feel because they "were in the trenches" their whole life and for some it is their only source of retirement income I feel they definitely deserve a fair return. As you said I guess the land could always be sold but if you don't want to.... Now I'm less sympathetic towards "absentee landlords who inherited their property but didn't chose farming as a career. Open season on "investors"!!!!.....you can choose to make it worth their while or not!

[WiltonRanch]

It didn't seem that long ago people couldn't rent out land for more than taxes. Things come full circle. Rents starting to come up here. Wasn't long ago nobody wanted this hilly, rocky, sloughy clay. Now landlords hear what Billy is getting across the way on the good ground and figures they're entitled to more. Okay fine but now when the only thing half this poorer ground can produce profit at higher rent is canola you know the result. When club root strikes too ****ing bad. Nobody wants it except for pasture then.

[furrowtickler]

You bring up a very good point Wilton
It's the same thing NE of here in highly variable soils .
Some landlords want $70-75 for sand .
The smart guys are just walking away.
That light land in that area has been burnt out since mid July . Yields are all below 10-15 bus on all that light land .

[SASKFARMER3]

Its Rather easy. The new guy on a farm by us has a lovely 22 bus pea crop. times 8 and his rent is 60 top 75 an acre. How long till his bank says NO.

I think a lot of No is coming this winter.

And no its not the Game of thrones WINTER IS COMING

[ajl]

Fair rent is what the market will bear. What is not fair is the fact that land speculators got enriched through government money printing of the last decade. Stop the printing press and rate will return to the 5.5 to 6% range. 4000 per acre dirt turns into 1000 per acre dirt. Then 4000*0.03=120 and 1000*0.06=60. Yes there has been 4000 per cultivated acre land in the Edmonton region. I think there will be lots of hoarders looking for 4000 this winter but that day has passed.

[farmaholic]

Back quite afew years when land was being rented in the $25-30/ac range, the owner of land right beside us always wanted that little bit extra....well she got her $32.50/ac but never got paid for two years out of the terms....she was going to take it back after the first default but was convinced by the tennant to let him have it another year to give him a chance to get paid up. Then he never paid again! Moral of the story...that last five or ten dollars per acre may not be worth it! Pick someone reputable and financially solid.

[foragefarmer]

Furrow


Why blame landlords for high rents and make the claim 75% of them couldn't make it as a farmer. Have you ever heard of supply and demand or do you need it spelled out to you?