2024 Saskatchewan Farmland Study

[furrowtickler]

Week before in the producer front page said """prairie farmland still a bargain"""

This is what is wrong with reporters, they can not correlate what they write.

Sean Pratt and Robert Arnason should have coffee once in a while.?????

Must mean prairie farmland will become an even better bargain.

A Bargin ??????
Wow there are a lot of dense people out there who have no clue

you need cash flow to make land payments, and net farm income has been dropping , especially on the grain side .
and this idea that there is lots of old money is not remotely the case

[wheatking16]

A Bargin ??????
Wow there are a lot of dense people out there who have no clue

you need cash flow to make land payments, and net farm income has been dropping , especially on the grain side .
and this idea that there is lots of old money is not remotely the case

Maybe it is, maybe it isn't a bargain, but consider the source of the quote.

An investor talking his book to attract capital to increase demand and prices of his investment.

[TSIPP]

WP had an article lately saying farm land will likely drop 50% in the future.

[wheatking16]

WP had an article lately saying farm land will likely drop 50% in the future.

That guy doesn't have a position.

[Grain Farmer]

Depends on how much government control in the future. Crazy people running most countries..nothing would surprise me.

[furrowtickler]

People like Geebow in charge of anything is the definition of crazy

[Old Cowzilla]

Some folks just get tired of the renting or fighting over renting land. Buy it farm it the way you want and you can plan your future better. Run older steel if you half to and enjoy driving over your own dirt. Its another option for retirement income or leave to your kids or grandkids. Yes they might just sell it and buy a boat but it will likely be a pretty nice boat !

[shtferbrains]

You get tired of renting land with rocks real quick. Equipment depreciation is extreme and there is always work waiting for you picking someone else's rocks.
Low productivity can be a deal breaker.

[AlbertaFarmer5]

Another issue affecting Canadian land prices lurking under the surface is climate.
Anecdotally, we have a German neighbor who moved here( the western fringe of ag land) in the early 90's after researching all over the world and concluding that this area would be the safest /most productive place to be as the climate continues to improve(my term).

Look at the big land purchase at The Pas by Monette, is that a climate hedge?

There are reports predicting how much agriculture in Canada could expand in a warmer future. How many investors are looking at that and thinking that a rising tide lifts all boats?

We seem to be into a dryer/warmer trend in recent years. Could some of the investment money be betting on this trend continuing? Could be that some investors have never even been to the "semi arid prairie", never heard of the Palliser triangle and assume this is all tundra and will become an oasis with more climate improvement?

[TASFarms]

North east states have a program to buy your farm. City sludge has high level of pfas. Had to sign into program to get sludge spread. Once they found out it’s contaminated they go down the list of producers testing their products. Labeling their products not saleable. Some states are passing laws giving fertilizer distributers immunity. Makes one speculate what is going on. Once toxic waste is labeled a farm fertilizer only the npk has to have levels labeled,none of the toxic ingredients have to be listed. Crazy world.