MONETTE FARMS land parcels for sale

[blackpowder]

The worst thing about this whole disaster is that these clowns and others like them have screwed it up for others by artificially raising the cost of production while sending a lot of money to places far from prairie communities. Imagine if smaller producers were able to grow at a sensible pace keeping rural towns and villages viable. All this off course has been facilitated by central bank money printing. We need to get rid off central banking, allowing interest rates to be set in a free market eliminating asset bubbles from forming so that this does not happen again.

I'm not sure I agree.
These clowns walked through a door left open by ownership restrictions and a capital vacuum.
The free market of money was very unstable before central bank policing. Small producers compete with the world.
Perhaps I misunderstood you.

[furrowtickler]

Watched this YouTube video with Kristen Hebert and Darrell Monette.
Watched the whole thing, something I never do.
If my grandson could follow Darrell around for a month running for coffee or whatever, it
would be much more educational than time spent at any University.

I'm going to say he is mitigating risk.
Maybe doesn't get much satisfaction out of just day to day after going from what he started at to where he is?

If your inarested, you have to seach that video as that is just a screen shot.

End of the day , they are all a bunch of college buddies that pump their own egos .
They have done what few have , no doubt, I will take advice from a moderate successful local family farm regardless of size over those guys . They all based their success on land appreciating, not actual farm productivity and net profitability.
Running a farm on land appreciating has hit a wall .
I could be dead wrong but 2008 housing bubble is raising its head in ag right now .
In dryland farming in western Canada , it’s not an ever increasing value , this is not Iowa

[Richard5]

I think i am going to buy some ISC stock. The amount of land title fees being collected is huge with value of property and if some of the Sask land sells…..

[farmaholic]

I think i am going to buy some ISC stock. The amount of land title fees being collected is huge with value of property and if some of the Sask land sells…..

I didn't think ISC land titles fees were charged as a percentage of sale price.

[Templeboy]

I find it incredible that the dry-land acres have valuations like they do on the list. Who has been driving the valuations and are they real. What percentage in Pallisor's triangle? In my area there are few farms driving the numbers, used to be many. Could be the biggest pump and dump ever seen in Ag.

The real pain hasn't been felt widespread across the prairies yet, balance sheets and working capital are getting pinched a bit in 2025 (even if you grew a great crop) and likely were in 24. 2026 has no winners at average (crop ins) yields, so the plans are going to grow your way out of 2026 problems. If we swing and miss in '26 we are paralleling 1987. Black swan in 1988, no crop, no price, didn't cover variable costs.

Ag lending had the same exuberance in the early 80s as it has over the recent past. They aren't making more of it. No equipment on the lots, all sold out. "I have a trade coming, we can put your name on it, if you don't want it there are 3 more guys that do!" does that sound like 1983 or 2023?

History repeats itself only the names change!

[rodd]

Sell the land, pay off debt with the sale. Banks will get their money first. Downsizing means lots of inventory sold in 2026 without offsetting deductions, money pays off 2025 operating loans, no cash left over.
Capital gains and income tax on profits could mean huge tax bill 250-300 million without any cash to pay it.
Just a thought. CRA will be the winner here.

[foragefarmer]

The worst thing about this whole disaster is that these clowns and others like them have screwed it up for others by artificially raising the cost of production while sending a lot of money to places far from prairie communities. Imagine if smaller producers were able to grow at a sensible pace keeping rural towns and villages viable. All this off course has been facilitated by central bank money printing. We need to get rid off central banking, allowing interest rates to be set in a free market eliminating asset bubbles from forming so that this does not happen again.

Everybody has taken advantage of cheap money in one form or another, so pretty hard to single out one aggressive individual for causing the current situation.
?
Are you saying well established area farms didn't take full advantage of cheap money to expand their operations?

Neighbors out bidding each other for more acres while taking out low interest loans and mortgages (cheap money)to increase their acres? Young guys with young families who can't compete with the established neighbors, pulling the plug.

???Maybe he got to greedy I don't know, but I doubt very much this individual will come out of this feeling any personal financial pain.

The opprotunity presented it's self, he took advantgage of it, right or wrong , "Keep on Rocking in the Free World"


Small towns have been dying out the last 50 years, pretty hard to make a living and support a family on a couple of quarters of land if you haven't noticed. The increase in farmers who now reside in urban centers. ?Non farming residents in small towns moved to where the work is. Retirees who move to urban centers to be near their families or amenities.

There are many reasons why small towns are dying out. Hopefully the trend will reverse, as there are signs of it lately.

[wheatking16]

End of the day , they are all a bunch of college buddies that pump their own egos .
They have done what few have , no doubt, I will take advice from a moderate successful local family farm regardless of size over those guys . They all based their success on land appreciating, not actual farm productivity and net profitability.
Running a farm on land appreciating has hit a wall .
I could be dead wrong but 2008 housing bubble is raising its head in ag right now .
In dryland farming in western Canada , it’s not an ever increasing value , this is not Iowa

Iowa farmland, priced in Real Values, has been declining for two years.

[fjlip]

List...
???? MASSIVE PORTFOLIO BREAKDOWN: 392,000+ ACRES
Here is the complete line-by-line listing of the Monette Farms property summary. This portfolio spans Saskatchewan, Manitoba, and Montana with a total asset value of over $1.05 Billion CAD.
???? PORTFOLIO TOTALS:
• Total Farmed Acres: 392,940
• Total Owned Acres: 213,889
• Total Buildings Value: $143.4M
• Total List Value: $1,059,377,635
??????????????
???? SASKATCHEWAN (SK)
High-value infrastructure and prime production land.
???? 1. Wymark, SK
???? Value: $126,000,570
• Farmed: 21,951 ac | Owned: 12,753 ac
• Buildings: $27.9M
• Land Comp: $7,690/ac
???? 2. Ponteix, SK
???? Value: $70,022,835
• Farmed: 20,016 ac | Owned: 19,697 ac (98% Owned)
• Buildings: $0
• Land Comp: $3,555/ac
???? 3. Admiral, SK
???? Value: $12,444,930
• Farmed: 10,870 ac | Owned: 2,385 ac
• Buildings: $0
• Land Comp: $5,218/ac
???? 4. Vanguard, SK
???? Value: $80,600,694
• Farmed: 44,231 ac | Owned: 14,358 ac
• Buildings: $444k
• Land Comp: $5,583/ac
???? 5. Stewart Valley, SK
???? Value: $62,003,180
• Farmed: 12,932 ac | Owned: 10,182 ac
• Buildings: $1.01M
• Land Comp: $5,990/ac
???? 6. Calderbank, SK
???? Value: $81,029,948
• Farmed: 17,343 ac | Owned: 17,128 ac (99% Owned)
• Buildings: $2.72M
• Land Comp: $4,572/ac
???? 7. Raymore, SK
???? Value: $101,556,760
• Farmed: 23,257 ac | Owned: 16,530 ac
• Buildings: $5.5M
• Land Comp: $5,811/ac
???? 8. Outlook, SK (Irrigation Hub)
???? Value: $62,968,328
• Farmed: 6,618 ac | Owned: 1,852 ac
• Buildings: $39.0M (Massive Infrastructure)
• Land Comp: $12,927/ac
???? 9. Kamsack, SK
???? Value: $85,877,958
• Farmed: 40,245 ac | Owned: 11,377 ac
• Buildings: $14.1M
• Land Comp: $6,303/ac
???? 10. Hafford, SK
???? Value: $33,140,665
• Farmed: 46,466 ac | Owned: 2,554 ac (Mostly Rented)
• Buildings: $20.2M
• Land Comp: $5,032/ac
???? 11. Prince Albert, SK
???? Value: $22,229,614
• Farmed: 20,724 ac | Owned: 3,020 ac
• Buildings: $4.87M
• Land Comp: $5,745/ac
??????????????
???? MANITOBA (MB)
Large scale, contiguous land base.
???? 12. The Pas, MB
???? Value: $87,661,352
• Farmed: 28,589 ac | Owned: 21,676 ac
• Buildings: $6.33M
• Land Comp: $3,752/ac
???? 13. Eddystone, MB
???? Value: $70,179,712
• Farmed: 21,972 ac | Owned: 26,632 ac (100% Owned)
• Buildings: $8.5M
• Land Comp: $2,316/ac
??????????????
???? MONTANA (USA)
Big Horn County holdings.
???? 14. Fly Creek, MT
???? Value: $88,532,140
• Farmed: 34,088 ac | Owned: 32,757 ac (96% Owned)
• Buildings: $4.22M
• Land Comp: $2,574/ac
???? 15. Camp 1, MT
???? Value: $33,446,980
• Farmed: 14,827 ac | Owned: 9,533 ac
• Buildings: $2.1M
• Land Comp: $3,288/ac
???? 16. Camp 4, MT
???? Value: $41,681,969
• Farmed: 28,812 ac | Owned: 11,455 ac
• Buildings: $6.27M
• Land Comp: $3,091/ac
??????????????
Note: Prices are in CAD. Market/Land data derived from Comparable Land Sales Database, SK Ministry of Ag, ISC, and SAMA.
?

[dave4441]

Comps are not real. Basically double the real value in many cases.