Comments on: This Dirt Cheap Farmland Will Soar in Value http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Amit Kumar http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-39068 Amit Kumar Thu, 21 May 2009 11:04:41 +0000 http://www.contrarianprofits.com/?p=11908#comment-39068 Are there any subsidies in SAS in farming Are there any subsidies in SAS in farming

]]> By: Amit Kumar http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-39066 Amit Kumar Thu, 21 May 2009 10:42:37 +0000 http://www.contrarianprofits.com/?p=11908#comment-39066 cont....What is the average leasing rate per acre in the area also, where to go for financing the project ministry of agriculture or private bank. Is there any possibility that the land leasing money can pay for its mortgage, say we put down 25% money. cont….What is the average leasing rate per acre in the area also, where to go for financing the project ministry of agriculture or private bank. Is there any possibility that the land leasing money can pay for its mortgage, say we put down 25% money.

]]> By: Heskacepoks http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-13652 Heskacepoks Thu, 12 Feb 2009 17:04:30 +0000 http://www.contrarianprofits.com/?p=11908#comment-13652 As rolls swell in the recession, workers find firms are contesting claims by alleging wrongdoing or quitting in a bid to not pay benefits. As rolls swell in the recession, workers find firms are contesting claims by alleging wrongdoing or quitting in a bid to not pay benefits.

]]> By: Fred Smith http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-11008 Fred Smith Sat, 24 Jan 2009 18:27:36 +0000 http://www.contrarianprofits.com/?p=11908#comment-11008 THANK YOU DWAYNE!!! Yes I agree 100% with what you said. Some people just don't understand how farm business works! Land is one of the minor costs! You still need a return to pay for "cheap land" We have neighbors that came from another country to farm such "cheap land" and they were shocked after the frost in 2004 that the government didn't just step forward and pay their bills basically. THANK YOU DWAYNE!!! Yes I agree 100% with what you said. Some people just don't understand how farm business works! Land is one of the minor costs! You still need a return to pay for "cheap land"
We have neighbors that came from another country to farm such "cheap land" and they were shocked after the frost in 2004 that the government didn't just step forward and pay their bills basically.

]]> By: Frank Hamel http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-10944 Frank Hamel Sat, 24 Jan 2009 01:40:54 +0000 http://www.contrarianprofits.com/?p=11908#comment-10944 continOverall it has been working and I'm glad we only own irrigated land because the weather and insect risk on dryland is immense. We still think it's been a good idea but saskatchewan faces other problems as well. For example is the work force in the rural areas very limited and aging. The younger generation keeps moving to cities which is understandable. Alcohol and drugs is in my opinion a big concern. Saskatchewan wants to attract more people and desperatly needs to have people move but house prices are at a level in Saskatoon its completely insane. This will work against Sask.for sure. Saskatchewan has potential but there is a lot of uncertainty involved and when I see investment companies buying land because investors can't make a buck anymore on the stock market I really wonder. Even watching business news these days and "experts" talking about agriculture....not to long ago the same people didn't even know what agriculture is. But perhaps there is an investor out there who would like to buy our land, irrigated quarters in Taber run between 600,000 and 850,000$. I might sell my irrigated land in Sask for 240,000$.......so it's undervalued...a bargain or not?ued.....the comment was too long continOverall it has been working and I'm glad we only own irrigated land because the weather and insect risk on dryland is immense. We still think it's been a good idea but saskatchewan faces other problems as well. For example is the work force in the rural areas very limited and aging. The younger generation keeps moving to cities which is understandable. Alcohol and drugs is in my opinion a big concern. Saskatchewan wants to attract more people and desperatly needs to have people move but house prices are at a level in Saskatoon its completely insane. This will work against Sask.for sure. Saskatchewan has potential but there is a lot of uncertainty involved and when I see investment companies buying land because investors can't make a buck anymore on the stock market I really wonder. Even watching business news these days and "experts" talking about agriculture….not to long ago the same people didn't even know what agriculture is. But perhaps there is an investor out there who would like to buy our land, irrigated quarters in Taber run between 600,000 and 850,000$. I might sell my irrigated land in Sask for 240,000$…….so it's undervalued…a bargain or not?ued…..the comment was too long

]]> By: Frank Hamel http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-10943 Frank Hamel Sat, 24 Jan 2009 01:39:13 +0000 http://www.contrarianprofits.com/?p=11908#comment-10943 I agree 100% what Dwayne says in his comment. I used to farm in Germany, went to Alberta 1996 and started a farming operation in the milk and honey corridor of the province (Hwy2). The land more than doubled since we bought it. But the reason for that is the proximity to the 2 big cities the booming economy and with that non farmers purchasing land for acreages and other developments. Even the fairly productive soils in this region are , if you look at it from a farming perspective, maybe 1000-1200 $/acre worth. Farming in Alberta is a fairly high risk but the crop insurance is good because of the yields that have been achieved over the last decades. Not so in Sask. We purchased two years ago irrigated farmland in Saskatchewan because of the higher risk ofdryland- farming and a bigger variety of crops that can be grown under irrigation. We also farm/rent dryland in sask and run the farm in Alberta. I agree 100% what Dwayne says in his comment. I used to farm in Germany, went to Alberta 1996 and started a farming operation in the milk and honey corridor of the province (Hwy2). The land more than doubled since we bought it. But the reason for that is the proximity to the 2 big cities the booming economy and with that non farmers purchasing land for acreages and other developments. Even the fairly productive soils in this region are , if you look at it from a farming perspective, maybe 1000-1200 $/acre worth. Farming in Alberta is a fairly high risk but the crop insurance is good because of the yields that have been achieved over the last decades. Not so in Sask. We purchased two years ago irrigated farmland in Saskatchewan because of the higher risk ofdryland- farming and a bigger variety of crops that can be grown under irrigation. We also farm/rent dryland in sask and run the farm in Alberta.

]]> By: Dwayne Nachtegaele http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-10845 Dwayne Nachtegaele Thu, 22 Jan 2009 16:04:47 +0000 http://www.contrarianprofits.com/?p=11908#comment-10845 There is good reason farmland is cheaper here than Manitoba and Alberta. 1. Crop insurance levels do not even cover 2/3rds of crop costs. 2. crop yeilds in general are much lower. Lower precip and less irrigation. 3. Freight rates are the highest in western Canada. 4.Sask is much more prone to frost, and droughts. 5.Taxes are higher or have been Do not get me wrong, I love farming and still think Sask has a bright future, but there is always a reason for things. The land is getting currently way overvalued in some areas compared to it's economic output- this is the key. Now more so than ever as input prices are high and crop prices have dropped by 60%. I know 2 Albertan's you came here 5 years ago, and they are leaving as we speak because of their inability to make a long term profit in relation to the returns. Southern Alberta gets at least $1/bus more for barley - Add that up on a 100bus crop in Alberta and a 70 bus crop in Sask - like I said there is reasons.These land investors will be out of buisness in time as their investments will not make a return for them or the farmer - time will tell. There is good reason farmland is cheaper here than Manitoba and Alberta.
1. Crop insurance levels do not even cover 2/3rds of crop costs.
2. crop yeilds in general are much lower. Lower precip and less irrigation.
3. Freight rates are the highest in western Canada.
4.Sask is much more prone to frost, and droughts.
5.Taxes are higher or have been
Do not get me wrong, I love farming and still think Sask has a bright future, but there is always a reason for things.
The land is getting currently way overvalued in some areas compared to it's economic output- this is the key. Now more so than ever as input prices are high and crop prices have dropped by 60%. I know 2 Albertan's you came here 5 years ago, and they are leaving as we speak because of their inability to make a long term profit in relation to the returns. Southern Alberta gets at least $1/bus more for barley – Add that up on a 100bus crop in Alberta and a 70 bus crop in Sask – like I said there is reasons.These land investors will be out of buisness in time as their investments will not make a return for them or the farmer – time will tell.

]]> By: Agcapita http://www.contrarianprofits.com/articles/this-dirt-cheap-farmland-will-soar-in-value/11908/comment-page-1#comment-10745 Agcapita Tue, 20 Jan 2009 23:56:24 +0000 http://www.contrarianprofits.com/?p=11908#comment-10745 By way of example of how attractive farmland investing has been during these volatile times, according to BarclayHedge agricultural funds were up 9.5% in 2008, while the S&P 500 index lost 36%. For a detailed Saskatchewan farmland research report produced by our firm, Agcapita Farmland Investment Partnership go to <a href="http://www.farmlandinvestmentpartnership.com/pdfs/Agcapita%20Brochure%20-%20FIP.pdf" target="_blank">www.farmlandinvestmentpartnership.com/pdfs/Agcapi...</a> Agcapita is a Calgary, Canada based private equity firm that allows investors to gain direct exposure to a key part of the agriculture commodity bull market story – Canadian farmland. Agcapita manages the only RRSP eligible farmland fund in Canada and is part of a family of three funds with almost $100 million in assets under management. Agcapita’s investment team has over 40 years private equity and fund management experience and over $1 billion in total career transactions and previously managed a group of emerging market funds with almost C$500 million in assets for one of the largest banks in Europe. Agcapita’s advisory Board is composed of accomplished agriculture entrepreneurs and academics, high profile political figures and investment experts including the former UK Chancellor of the Exchequer, Rt. Hon. Ken Clarke and Jim Rogers, co-founder of Quantum Fund. Our members bring a deep knowledge of the factors driving agriculture and farmland values – including rapidly growing emerging economy food demand and inflation. By way of example of how attractive farmland investing has been during these volatile times, according to BarclayHedge agricultural funds were up 9.5% in 2008, while the S&P 500 index lost 36%.

For a detailed Saskatchewan farmland research report produced by our firm, Agcapita Farmland Investment Partnership go to http://www.farmlandinvestmentpartnership.com/pdfs/Agcapi...

Agcapita is a Calgary, Canada based private equity firm that allows investors to gain direct exposure to a key part of the agriculture commodity bull market story – Canadian farmland. Agcapita manages the only RRSP eligible farmland fund in Canada and is part of a family of three funds with almost $100 million in assets under management.

Agcapita’s investment team has over 40 years private equity and fund management experience and over $1 billion in total career transactions and previously managed a group of emerging market funds with almost C$500 million in assets for one of the largest banks in Europe.

Agcapita’s advisory Board is composed of accomplished agriculture entrepreneurs and academics, high profile political figures and investment experts including the former UK Chancellor of the Exchequer, Rt. Hon. Ken Clarke and Jim Rogers, co-founder of Quantum Fund. Our members bring a deep knowledge of the factors driving agriculture and farmland values – including rapidly growing emerging economy food demand and inflation.

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