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Best investment!!!

B

burnt

Well-known member
Joined
Feb 28, 2008
Messages
6,617
Location
Mid-western Ontario
Land values in the Mid-West gaining 4% per month. That;s right - 4% per month!

http://www.dtnprogressivefarmer.com/dtnag . . . . . .

Edit: OK the link doesn't work any more. Yesterday it went to a story about land values in the Mid-West.

Don't know how that happened. :???:
 
I live in a world of unrealistic (for agriculture) land values. It is all great if you are going to retire or move but it sure is a problem for expansion or succession. Our ranch is surrounded by wannabe Oil Exec ranches and 3rd and 4th generation operations and our farm is surrounded by real estate speculators and 3rd and 4th generation farmers. In the end, many will be operators on land their forefathers used to own.

Just goes to show how much our dollar has devalued.
 
I'm lucky just surrounded by a certain ethnic group that is a bit greedy but been able to fend them off so far. Myself I'd rather have neighbors than the neighbors farm.
 
Seldom do you ever get to visit our new neighbors. I think it would be better to own the land and not have any neighbors at all than ones whose only goal is to own your land.
 
A 100 ac. farm with a small elevator just up the road from us auctioned off recently for just over 1 million bucks. The adjacent dairy farmer bought it to add to his "holdings". This is in Southern Ontario, 150 - 160 bu. corn and 45 - 50 bu. soy ground, 2750 CHU.

Not too feasible for a cow calf farm . . . . . . . . .

:???:
 
burnt said:
A 100 ac. farm with a small elevator just up the road from us auctioned off recently for just over 1 million bucks. The adjacent dairy farmer bought it to add to his "holdings". This is in Southern Ontario, 150 - 160 bu. corn and 45 - 50 bu. soy ground, 2750 CHU.

Not too feasible for a cow calf farm . . . . . . . . .

:???:
Click to expand...
Sad to say that million bucks won't buy a won't buy much when you do cash it in. A pretty modest house on a 2 acre lot.
 
per said:
burnt said:
A 100 ac. farm with a small elevator just up the road from us auctioned off recently for just over 1 million bucks. The adjacent dairy farmer bought it to add to his "holdings". This is in Southern Ontario, 150 - 160 bu. corn and 45 - 50 bu. soy ground, 2750 CHU.

Not too feasible for a cow calf farm . . . . . . . . .

:???:
Click to expand...
Sad to say that million bucks won't buy a won't buy much when you do cash it in. A pretty modest house on a 2 acre lot.
Click to expand...


For a million bucks you could buy 10 modest houses with 2 acres each around here. Of course there is the definition of modest.Rural home like mine with shop and barn on 17 acres $250,000 easy to buy them at that price.
 
I bought 40 acres of lowground hay meadow last fall for $562.50 and acre with terms. My kind of land for my kind of cows.
 
Megan and her bf bought 60 acres with a 2400 sq ft house, barn and arena for under two. The downside you have to live in a yard surrounded by huge spruce with a view of the creek and live in God's country but they seem to be holding up well so far.
 
Northern Rancher said:
Megan and her bf bought 60 acres with a 2400 sq ft house, barn and arena for under two. The downside you have to live in a yard surrounded by huge spruce with a view of the creek and live in God's country but they seem to be holding up well so far.
Click to expand...

Oh that would be tough most likely some great whitetail hunting also. :wink:
 

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