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Ritchie brothers land rent auction

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  • sk_wheatking
    Senior Member
    • Sep 2011
    • 898

    #11
    Originally posted by iceman View Post
    $149 a yr cheap? You farm in Iowa?

    Iceman out
    You mean per acre

    Iceman in

    Comment

    • iceman
      Senior Member
      • Dec 2014
      • 751

      #12
      Originally posted by sk_wheatking View Post
      You mean per acre

      Iceman in
      Yes $149 per acre per year

      And wrong Iceman Out

      Comment

      • Oliver88
        Senior Member
        • Dec 2012
        • 4688

        #13
        Originally posted by iceman View Post
        Yes $149 per acre per year

        And wrong Iceman Out
        Yields must be great in the RM of Blaine Lake than.

        I would of guessed lease was for all 3 years as well, good for the landlord.

        Comment

        • Guest

          #14
          Originally posted by Oliver88 View Post
          Yields must be great in the RM of Blaine Lake than.

          I would of guessed lease was for all 3 years as well, good for the landlord.
          this land rent reminds me of a kramer sale at saskatoon 2-3 years ago . a chev 1980's single axle 3 ton grain truck sold for $46000 dollars. haven't saw anything that f$&king crazy since .

          Comment

          • sk_wheatking
            Senior Member
            • Sep 2011
            • 898

            #15
            Originally posted by caseih View Post
            this land rent reminds me of a kramer sale at saskatoon 2-3 years ago . a chev 1980's single axle 3 ton grain truck sold for $46000 dollars. haven't saw anything that f$&king crazy since .
            LOL! They must have drove that thing back and forth and lifted the hoist up and put it back down 20 times for that kind of cash! Only kramer could have got someone to pay that kind of cash.


            Iceman back in?

            Comment

            • iceman
              Senior Member
              • Dec 2014
              • 751

              #16
              SK wheatking

              That start it up, lift the hoist, back it up etc etc is on its death bed. Kramer's out


              That show is to slow for Iceman. I feel the need for speed

              Comment

              • sk_wheatking
                Senior Member
                • Sep 2011
                • 898

                #17
                Originally posted by iceman View Post
                SK wheatking

                That start it up, lift the hoist, back it up etc etc is on its death bed. Kramer's out


                That show is to slow for Iceman. I feel the need for speed
                LOL😂😂😂

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17482

                  #18
                  Send them my way....2500 owned paid for acres @ $150/acre/year for 3 years is 1.125 million.....pay the property and income tax.....I might just sit on my balls for three years.

                  Something seems fishy here....either my math is bad, or don't like excessive risk, or farming where I do--in the slum of the Ghetto has tainted my perception of reality that others seem to enjoy! What happens if something goes bad? What if the lease has rotational limitations or the land has cropping limitations (no lentils, chickpeas).

                  Too rich for my peasant blood!

                  Someone called it mediocre land, whats the "good" stuff rent for?

                  At that rate what is the ROI to the land owner at the current value of the land?

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17482

                    #19
                    ......someone trying to "buy their way into the purchase of the land"?

                    $2000/acre value at $150/acre rent= 7.5% ROI

                    Maybe Input Capital can stream the tennants some cash against their equity....lol

                    Comment

                    • iceman
                      Senior Member
                      • Dec 2014
                      • 751

                      #20
                      After the bell tomorrow we find out how many more farmers signed up acres farmaholic.

                      No Sk wheatking I'm not talking about the dinner bell and frankly I don't care which side of room the women sit vs the men.

                      Iceman out

                      Comment

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