Ritche Bros, Farm dispersal sale..... interesting?

[farmaholic]

Part of Ritche Bros. July 9 auction is a complete dispersal for Zou Farming Corp.

Is it the same people as in these stories?:

https:/heglobeandmail.com/report-on-business/seed-capital-how-immigrants-are-reshaping-saskatchewans-farmland/article4610589//www.t

https://www.theglobeandmail.com/report-on-business/in-pictures-enchanted-with-the-prairies-chinese-entrepreneur-invests-in-sask-farmland/article4610609/

Farming can be a tough gig in Canada. Its easier to just own the land and rent it out. Less risk.

Get in line to rent the land if they kept it. I think most people know where I come in on this issue.

[AlbertaFarmer5]

Part of Ritche Bros. July 9 auction is a complete dispersal for Zou Farming Corp.

Is it the same people as in these stories?:

https:/heglobeandmail.com/report-on-business/seed-capital-how-immigrants-are-reshaping-saskatchewans-farmland/article4610589//www.t

https://www.theglobeandmail.com/report-on-business/in-pictures-enchanted-with-the-prairies-chinese-entrepreneur-invests-in-sask-farmland/article4610609/

Farming can be a tough gig in Canada. Its easier to just own the land and rent it out. Less risk.

Get in line to rent the land if they kept it. I think most people know where I come in on this issue.

Darn, I was just thinking of asking if anyone knew their status. I like an underdog story, and was rooting for them to succeed.

How about the other farmer in the CBC story, with the horsey wife?

What about the biggest organic farmer who was all over the news for a while, still going?

[farmaholic]

This has nothing to do with schadenfreude, I'm on record as saying I don't care who("investor") buys land as long as they want to farm it. But when that investor only becomes a landlord my attitude towards the situation changes.

[hobbyfrmr]

Any farmers I talk with claim that there is very little profit in farming. The end game is a slow build of equity through land ownership. A marathon career, not a sprinting carrer.
I am curious about the large organic farm as well. It has been awhile so I dont remember exactly what the global news clip portrayed. It was a very nice farm setup and I think the farmer said he built that organic farm from nothing. If this was true then I think they are still going.

[newguy]

zou farms bought a bunch of land and worked with local farmer to learn the ropes.Farmed about half the land he bought on his own for a few years.He did as good as anyone in the area.Decided easier to live on Vancouver Island and collect rent.But the CBCstorywas a Cornach Chinese farmer not Zou.The other farmer is doing very well.Was able to buy some land because of renting.His Dad retired and he bought some of his and rents the rest.Does a lot of custom work.

[AlbertaFarmer5]

This has nothing to do with schadenfreude, I'm on record as saying I don't care who("investor") buys land as long as they want to farm it. But when that investor only becomes a landlord my attitude towards the situation changes.

I agree, that is why I Like this guy and this story at least as presented by the media. I'd love to see more people destroy the Prevailing narrative that You have to be a multi generation member of the privileged old white boys club to do this for a living.
As you say, What do you do with the land now that they are not farming it will speak volumes

[farmaholic]

Although I don't know anyone's situation but if they had the resources to buy a bunch of land......

Farming isn't for the faint of heart or anyone who knows better!

Maybe they didn't like the RISK! ...... of actively farming it?

[AlbertaFarmer5]

Sounds like I have the wrong farmers, from the wrong media story. Either way, I want them to succeed at actually farming it. Would put a lot of naysayers in their place.

[shortbox]

Any farmers I talk with claim that there is very little profit in farming. The end game is a slow build of equity through land ownership. A marathon career, not a sprinting carrer.
I am curious about the large organic farm as well. It has been awhile so I dont remember exactly what the global news clip portrayed. It was a very nice farm setup and I think the farmer said he built that organic farm from nothing. If this was true then I think they are still going.

I believe the one you are talking about was backed by Andjelic

[Blaithin]

I agree, that is why I Like this guy and this story at least as presented by the media. I'd love to see more people destroy the Prevailing narrative that You have to be a multi generation member of the privileged old white boys club to do this for a living.
As you say, What do you do with the land now that they are not farming it will speak volumes

There’s lots of people out there trying to destroy that narrative.

Alas it’s a narrative for a reason. It’s bloody hard to get into farming from scratch! Even if you’re an old white boy who’s decided to change your path late in life. The capital needed is the biggest factor of course, but it’s also hard to crack into the small communities.

It’s funny, the farmers around me aren’t too gung ho to rent out coulees for people for their cattle. Can’t really blame them, in lots of cases it would require a heavy investment in fencing. Had a city guy move out a couple years ago, I can rent from him and the only cost is giving him beef from the freezer.

So the generational farmers complain about big corps and Hutterites buying up land as they sell out and how nobody young wants to farm these days, but it’s the city folk coming out to acreages that have given the best in for me, personally.

It’s been my experience that established farmers like to talk the talk about helping new farmers get going. Few actually ever walk the walk. Makes it even more exceptional to find new farms succeeding despite this.