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Pasture

M

mn

Well-known member
Joined
Apr 20, 2005
Messages
134
Location
Minnesota
Estate land sale in western mn sold farmland pasture, farmland was 1950.00/acre pasture 2080.00/acre. We had rented the pasture for 12 years, think it's going to be used for hunting, 3 party's went in on it.
 
mn said:
Estate land sale in western mn sold farmland pasture, farmland was 1950.00/acre pasture 2080.00/acre. We had rented the pasture for 12 years, think it's going to be used for hunting, 3 party's went in on it.
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Kinda the same thing in our area last week...and the city boy who bought the river land wants to put a ATV campground in :mad: :evil:
 
I bet the family that gets to inherit the cash liked the price.

It's funny how perspective can change how you feel about issues.

I was at an auction a couple weeks ago and saw another long time Angus breeder there. We visited and he was looking at a hay rake...it was like new and brought about 1/2 of new..he said too much money. Then a JD 535 baler was selling and the auctioneer was playing around and I told this guy there was no money on the baler yet...he said it was his baler, and didn't believe there was no bids(auctioneers are always honest)...some poor guy walked up and bid $8000.. the auctioneer said sold 1/2 second later. The owner wanted $10,000 for the machine..but it had over 15,000 bales through it and needed new belts.

If your buying it's all too high, if your selling it's never high enough.
 
Jason said:
I bet the family that gets to inherit the cash liked the price.

It's funny how perspective can change how you feel about issues.

I was at an auction a couple weeks ago and saw another long time Angus breeder there. We visited and he was looking at a hay rake...it was like new and brought about 1/2 of new..he said too much money. Then a JD 535 baler was selling and the auctioneer was playing around and I told this guy there was no money on the baler yet...he said it was his baler, and didn't believe there was no bids(auctioneers are always honest)...some poor guy walked up and bid $8000.. the auctioneer said sold 1/2 second later. The owner wanted $10,000 for the machine..but it had over 15,000 bales through it and needed new belts.

If your buying it's all too high, if your selling it's never high enough.
Click to expand...

The sorry thing about this deal (land deal) is that mn probably did not make enough money in agriculture to afford to outbid hunters for this ag. land. It is a story told over and over again.

We have a cheap food policy in the U.S.!!!!

mn, I hope you can rent it from them cheap!!!!!
 

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