2021 Ag what's the answer to success?

[vvalk]

It’s just math. Land rent is what $70-$100 let’s say on average. Take interest rates. Quoted 1.95 fixed 5 yes and 2.5 fixed 10years. If you want you can trade interests rates every 30 days and get rates down around 1.5-1.7%. So over 25 years paying it off that’s much less per acre. Just need to cash flow the principal. And many farms especially colonies will spend 50 years paying it off.

[SASKFARMER]

wheat and Canola don't cover it.


Land at Regina is up and up and another friend sold out just over Christmas. Gone.

[Sheepwheat]

land is $6000 around here, go closer to Carman and Winkler, and its much higher.

Mind blowing. What crop is that amazing to make it pay? Why on earth would one farm if you can get a million a quarter.

I don’t get?

[MBgrower]

There's a guy on Twitter from Mb that is bragging about paying $8800/ac

land is $6000 around here, go closer to Carman and Winkler, and its much higher.

[zeefarmer]

So land is approaching $6000/acre?

There's a guy on Twitter from Mb that is bragging about paying $8800/ac

[sumdumguy]

The land means work, who’s gonna do it?

[Herc]

Now where have I heard something similar to this.............?

I love your comments Wiseguy👍

Theres a decal on the front of your lincoln welder. Long live rock and roll, Aussie style...

[woodland]

Their sights are on us

Their sights are on you

When it comes to land

They want it all

The furs The diamonds

The paintings on the wall !

Now where have I heard something similar to this.............?

I love your comments Wiseguy👍

[Quadtrack]

Yep been thinking the same SF3 on the growth trajectory of several of the new mega farms. No question outside money flowing in. Some out of province. Some out of country. One north of us the dad had a couple thousand acres 15 years back now the kid is 50000.
Can’t see how it continues. There has been some decent years but it’s still a low margin business with little room for error. Some of the ‘big’ farm employees smash more shit on a weekend than I have in a lifetime. How that is made up for in efficiency or scale is not very apparent
I still think there is a correction gonna happen. Some of these BTO will be lucky to leave with a Yukon full of personal effects to their name. Maybe I’m wrong but it just don’t add up.
Who, and who from what country, ends up owning the land, is an interesting question.

[AlbertaFarmer5]

Read in the USA about land lost in 1910 and Biden will give land back to the people who lost it. Trudeau in the great reset will get some for sure.

Is it large land farms.

Do you have a link?