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Ritchie brothers land rent auction

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    Ritchie brothers land rent auction

    There was one here recently around leask, just wondering if anyone knows how it went, what kind of land was it? Sometimes you get land with good assessments that you wonder how they came to that number because just by looking at it it looks rough and then you will get stuff with a low assessment that looks good and produces good. Just something I have noticed.

    #2
    It is on Ritchie auction results. Looks like a lump sum payment for the three years. If so most went for just under $50 per claimed cultivated acre but a couple of the parcels were in the $30 per cultivated acre range. Seems fairly reasonable for medium quality ground.

    Comment


      #3
      Originally posted by ajl View Post
      It is on Ritchie auction results. Looks like a lump sum payment for the three years. If so most went for just under $50 per claimed cultivated acre but a couple of the parcels were in the $30 per cultivated acre range. Seems fairly reasonable for medium quality ground.
      That's per year...
      $149/ac

      Comment


        #4
        That cant be right. That must be the total amount for the three year rental agreement......no?

        Comment


          #5
          Nope... per year.


          Auctioneer said so.

          Comment


            #6
            Really..........

            Comment


              #7
              Bigger they are the harder they fall. I smell the eighties all over again. Scary.

              Comment


                #8
                Just farmers helping farmers to bid all of the profits out of the game.

                And a little equity of course

                Iceman out

                Comment


                  #9
                  those prices sound pretty cheap, compared to here.
                  how bad is the land

                  Comment


                    #10
                    Originally posted by sawfly1 View Post
                    those prices sound pretty cheap, compared to here.
                    how bad is the land
                    $149 a yr cheap? You farm in Iowa?

                    Iceman out

                    Comment


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

                      Iceman out
                      You mean per acre

                      Iceman in

                      Comment


                        #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


                          #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


                            #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


                              #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?

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