Farmland values Canada 14% Sk 18.7%

[tweety]

https://www.fcc-fac.ca/en/about-fcc/corporate-profile/reports/farmland-values-report.html

This should help with the whining. But probably not.

[freewheat]

Down 18.7 maybe. around here at least. Straight from my banker.

[ALLFARMER]

One open quarter near La Crete AB sold by auction last weekend for $310,000

Had to update the FN balance sheet again, thought it was 245,000 what a pain in the ass.

[wakopa]

Talked to a guy from minto yesterday , land still selling for 3000 plus around that area.

[newguy]

I think grain land has leveled off but pasture is gaining value big time.with livestock prices through the roof look for more gain this year on land set up for that.farms were discounted huge if it had a bunch of non cultivated acres.

[bucket]

Interesting about pasture.

There are guys that bought fenced farmland and the first thing they did was remove the fence lines.

Call it lost opportunity?

[tweety]

freewheat, me thinks your banker is a land investor!

[newguy]

Yes bucket
Livestock facilities on most farms totally gone and never coming back.that is why cattle will have a run of a few very very good years in the future.and the good set ups that are left will be valuable.

[hobbyfrmr]

Bucket, there is cattleman in this area that has a good theory. In this area marginal/poor land got fenced for a reason. Many mixed farmers know which properties to fence so they dont have to "fight" the land.
Price of grain goes up, fences come down then the price of grain goes down and the farmer wonders why he ever tore down the fence!

[freewheat]

Tweety, I wish. Land prices here are dropping. That is a fact. We don't all live in places where values perpetually go up.