jhurkot
Active VIP Member
What's going on with land prices.
This seems a little steep to me??
Rosehill Auction Service Ltd.
bid.oldsauction.com
It's just trying to keep up to the money printer.
Farmer talk
- Thread starter underdog
- Start date
It's just trying to keep up to the money printer.
snopro
Active VIP Member
Almost as much rain in the last week as we had all year. FML.
jhurkot
Active VIP Member
Pretty warm out and no significant frost yet. Should have double cropped my pea stubble this year.
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snopro
Active VIP Member
Yeah lots of second growth coming now with recent rains
snopro
Active VIP Member
Went out this morning and staked some test strip spots for the silage guys to leave for crop insurance and cannot believe how much stuff has started to bolt and the amount of flowering is incredible. We wouldn’t be able to combine it even if we wanted now at this point.
jhurkot
Active VIP Member
Second crop is gonna make 25bu/ac. No frost until the middle of December.
snopro
Active VIP Member
Big weather change next week and some showers this week. Probably should have just combined it. I doubt these guys will get this done now. Be a frikken mess in the spring to deal with
Ran cart for a buddy this harvest. They’ve been farming the area for 70 plus years. Biggest canola yield they’ve ever had. Just over 79 bu/acre. North of Edmonton
$10,000 ish an acre is pretty standard now. I’m actually surprised around Olds it went for 1.5What's going on with land prices.
This seems a little steep to me??
Rosehill Auction Service Ltd.
snopro
Active VIP Member
For reference got the paperwork from 90 acres of canola today 334 bu net on 90 acres. 3.7bu/acre. That’s why we quit combining it.
Oh wow, sorry to hear
DRD
Active VIP Member
So me not being a farmer, what could you grow on 130 arable acres to pay off the 1.5 mill. and how long would it take?
mclean
Active VIP Member
Garlic if you imported a ton of laborers to plant it haha.
jhurkot
Active VIP Member
According to my calculator its about 47 years to pay off one quarter section at todays values.
MP Kid
Active VIP Member
It’s absolutely crazy…
How does anyone afford to buy new land..??
zal
Active VIP Member
Same as the Old World (Europe). You inherit a debt and hope you can keep paying it off.
mclean
Active VIP Member
That's disgusting.
sledneck__11
Active VIP Member
U need to have alot of other land paid for in order to make that scenario work, and float that payment across many acres, depedning on the yeilds but that wont be making tbem money for 15 years min
jhurkot
Active VIP Member
Exactly this. You basically have to jeopardize your entire operation to expand by 5% in this area. No thanks, I'll stay small.
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