[AT] On losing farm land

[Ralph Goff]

It never fails to amaze me, the difference in rental rates for farmland
between our countries. This spring a big farmer in this area rented some
land for the unbelievable price of $35 per acre. Nobody knows how he expects
to show a profit on the land at that price but I guess time will tell.
More average rates are in the $20 to $25 per acre range.

Ralph in Sask.
http://lgoff.sasktelwebsite.net/

----- Original Message -----
From: Robinson <robinson at svs.net>
To: Antique tractor email discussion group <at at lists.antique-tractor.com>
Sent: Monday, June 07, 2004 7:49 PM
Subject: Re: [AT] On losing farm land


> Cecil E Monson wrote:
>
> >
> >     FWIW, this is pretty cheap for rented land around here. The
> > regular price has been up over $50 an acre for a long time.
> >
>
>
>
> Wow... $50 an acre. Wish we could rent some here for that.
> About anything tillable will go for $100 an acre here.
> Really great stuff will go for for $200 an acre if it is in
> at least 100 acre tracts. Of course this is the eastern corn
> belt. The rolling forested land south of here does rent for
> less. The old county farm (used to be "the poor farm") just
> over a mile south of us rents out 178 acres by bid and it
> usually goes for something like $170 an acre. Once it went
> for $200 an acre but dropped a bit the next time. With corn
> and soybean prices back out of the basement for a year or so
> they will start bidding rents back up again. Some of them
> just go nuts no matter what they do.
> With just 100 acres of mostly open land here we can't
> really get in on the hunting rents. You can see across the
> place from most of it. Most hunters want to feel like they
> are in the wilds...   :-). We haven't allowed hunters in
> many years and have always looked on the place as sort of a
> wildlife refuge ever since my parents were in the old "game
> preserve" program back in the early 1950's' with the DNR. We
> do need to thin the white-tails though. That 6 acres of corn
> they totally destroyed last year was expensive wildlife feeding.
> --
>
>
>
> "farmer"
>
> My latest list "No Nonsense Horse" (includes donkeys & mules).
> http://groups.yahoo.com/group/NoNonsenseHorse/
>
>
>
> Francis Robinson
> Central Indiana USA
> robinson at svs.net
>
>
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