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Land rents?

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  • ado089
    Senior Member
    • Aug 2004
    • 1754

    #11
    Where I am in NW Sask you don't touch land for less than $42/ac, most is even in that $50-55/ac range. If you guys get your way with the CWB ,according to your numbers,and if that 23bu of barley rule stays true you should expect your rent to go up!
    Cheers

    Comment

    • snappy
      Senior Member
      • Aug 2004
      • 1754

      #12
      ado089,where abouts NW Sask?? That sounds pretty high??

      Comment

      • dwillms
        Junior Member
        • Jul 1999
        • 12

        #13
        Cash rent south of Saskatoon is 20-30 dollars per acre.

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 21895

          #14
          ado, I am in NW sask as well, only the cutknife - paynton areas that I know of are in the $40 /ac range. Even that is too high for the average production-prices in these areas. North Battleford area ranges from $20-38/ac.
          We rent good dirt for $15 10% crop, works very well for both landlord and us,jmo.

          Comment

          • lohner
            Member
            • Mar 1999
            • 66

            #15
            I pay 45-50 because thats the market.
            I would prefer to pay a % of gross by far. My numbers tell me on avg. I would not want to more than %22.

            Comment

            • lohner
              Member
              • Mar 1999
              • 66

              #16
              Also I'm interested to hear what peoples rent is as expressed in dollars per bushel of wheat..
              I'm at around $.90.

              Comment

              • BennyHin
                Senior Member
                • Dec 2006
                • 259

                #17
                For all of you "younger" farmers out there experiencing these "higher" commodity prices, and bullish sentiment.

                If you think you are on easy street and you think you are going to be rolling in dough, you might want to talk to the older generation, who will know very well that any increase in commodity prices is quickly capitalized into input costs (variable and fixed). Your rents and land values go up, your fertili"s"er (that "S" was for TOM4CWB) goes up, your seed, chem, rail, elevation etc.)

                So be carefull before buying that 9860 JD, and that $68,00 dually Diesel Silverado 4x4 just to pick up the mail in town.

                Comment

                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485

                  #18
                  Just on the verge of renting an extra 1000 acres will produce 40 canola 45 wheat or 90 oats rent is 23.51 an acre.
                  Its a simple game the one who spends the least has the most fun!

                  Comment

                  • lohner
                    Member
                    • Mar 1999
                    • 66

                    #19
                    Sounds to me like Farmers in Sask. have all the fun.

                    Comment

                    • SASKFARMER3
                      Senior Member
                      • Feb 2006
                      • 14485

                      #20
                      Change of plan this morning on rent purchased half of the land instead!
                      Purchase price $183.33 an acre, they will farm the remaining for one more year.

                      Comment

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