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The future of mega farms.

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    #31
    Originally posted by shtferbrains View Post

    "Your assets simply have to be more productive than having your money stolen."

    "So you buy *ANYTHING* that the government can’t steal. And boom, positive nominal ROI."


    ?
    "
    That is the impetus behind all of the Chinese real estate purchases in Canada.
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      #32
      Did Monnette have to sell off a few large parcels to keep rolling this spring ? Heard that a few days ago but have no idea
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        #33
        Large farms owe more than anyone can possibly imagine.
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          #34
          Originally posted by Grain Farmer View Post
          Large farms owe more than anyone can possibly imagine.
          Million dollar pieces of equipment is very common these days. Many have always have the comment "he never pay for it" but times goes on and the expensive equipment gets traded up after a few years and it seems once you have the never line of machinery its easier to stay on. It seems a huge jump if you were fixing old stuff that was worth nothing with a huge difference to new or late model.

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            #35
            Originally posted by furrowtickler View Post
            Did Monnette have to sell off a few large parcels to keep rolling this spring ? Heard that a few days ago but have no idea
            They dumped 2 X9 unused ; headers unused, 2 sprayers, 2 large tractors , 2 MFWD tractors and a large square baler at Saskatoon

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