Shaun Wildman on land values

[LEP]

So you think the banks will bump CRA out of the always get paid spot?
Hard to say it but I'd rather the banks get covered than the CRA get the money to make it disappear?

Be surprised if CRA doesn't have a team on this watching closely?
They are more vicious than the seed companies about getting their cut.

Cra isn't owed anything until the transactions occur and the year-end is filed. The secured creditors will have the funds "secured" on closing.

I agree that there will be operating losses to offset some of the gains. But I would think sales like the Stewart Valley land to the Hutterites would have had $30m + in gains as it was owned for quite a longtime.

The wild card is the BC ranchland mess. If the natives step in and want the grazing leases. That will make the deeded land worth much less and could cause a huge loss.

[furrowtickler]

Definitely will be interesting when super farmer forced to liquidate after “raising land values” to the point where land appreciation and lack of cash flow made it impossible….

[furrowtickler]

Darrell did more for land values than any single individual ever has.

Although true , but this is not Iowa and land values in most parts of Saskatchewan now beyond what cash flow can sustain. Look at crop insurance average yields …… then run a pencil on even paying interest now on $800,000 1/4’s
there will be a correction

[blackpowder]

There will always be a correction.
Here, there have been no failures.
Farmers exclusively keep buying, and values rise every year.
Can't attribute any of it to one operation.
No sour g****s here.
In fact, I don't recall any of that in decades.