Is Monette Farms like Bernie Madoff?

[SASKFARMER]

Look to Manitoba for another farm bought.

[mcfarms]

That price seems high for that. No way they can make money at that price.

In between Calgary and Airdrie that's not a farming play.

[blackpowder]

That price seems high for that. No way they can make money at that price.

U need to separate the price of land from the idea of that piece alone making money raising crops.
Has never been a standalone equation.

[WiltonRanch]

Yeah that’s an investment.

[Crestliner]

The price they paid for land here was very high that no normal farm could ever make it work , but they keep buying and expanding.
just seems limitless

Farming is very slow money and payback with the occasional un-expected windfall....everyone on this site can agree on that!

Usually what doesn't make sense.....doesn't make sense and we will read about the unwind in the paper.

In the meantime.....best of luck.

[bucket]

Farming is a marathon. If you run a sprint it's like the horse that shits fast, it don't shit for long.

[sumdumguy]

Interesting comparison Bucket. Laughing emoji !

[BTO780]

Was seeing 9 quarters of pasture got rented for $8500/quarter. That was closing bid.

[rumrocks]

What’s the going rate for yearlings and cow calf pairs per day?

[WiltonRanch]

$8500 a quarter rent for 20 pairs if it’s half decent is like $425 per pair. Figure breeding, feed, yardage, vet, and death loss you’re pushing a couple grand break even on fall calves. Not to forget if you paid $3000 for breds you got to work that in. Wow! Just a year ago we couldn’t make the cow thing work.