Boy Pure your right about the Hutterites,they outbid everyone in our area,we're sitting close to 1000 an acre because of Hutterites :?PureCountry said:Can't help but feel for some of you in that position. What can a person do when money comes in and buys the countrysides up for whatever dollar it takes to get it? Our area is just starting to see the increases. Pasture land when I was a teenager was still $200/acre, now, it's $500 and up. Some has sold as high as $1000, and it's short native grass. 10 pairs/year sort of stuff. I just shake my head to think how bad it's going to get, as more and more oil money keeps coming in the area.
Our 4500 acres is all in a block, which is a real blessing. We've conceded to the fact that we just have to do more with what we've got as opposed to try and outbid the barons and Hutterites. A colony just took possession of a farm 5 miles west of us on Saturday. They bought it 2 months ago, 7000 acres of crop with a hog barn and 3 homes. Supposedly went for 12 million. Who knows?
Northern, did you hear about Doug Price buying 33 quarters of SK real estate? Paid $26,000/quarter or something like that. I think it's in the Yorkton area.
Cattleman said:I heard rumors that 28 quarters were sold to a single buyer for $28,000 per quarter, and it was said to be the price family....not sure though, really just rumours. There was a huge auction at Stockholm Sask, yes near Yorkton....check out the Western Producer.