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12-14-2015, 07:22 PM
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Join Date: Dec 2010
Location: My House
Posts: 13,471
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How much do farmers pay to rent land?
Just had a shareholders meeting with some guys I own land with. Anyhow, we have a 1/4 section on RR 211 on the North Saskatchewan River in the Industrial Heartland. There are approx 75 acres under cultivation. Soil is not that great. Farmer usually plants oats or alfalfa, and he pays us a ridiculously small amount.
What are farmers paying rent for less than optimal farm land in that area (between Fort Sask and Bruderheim). Any help you can offer would be appreciated.
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12-14-2015, 07:46 PM
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Join Date: Apr 2009
Location: High Level
Posts: 2,237
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Quote:
Originally Posted by sns2
Just had a shareholders meeting with some guys I own land with. Anyhow, we have a 1/4 section on RR 211 on the North Saskatchewan River in the Industrial Heartland. There are approx 75 acres under cultivation. Soil is not that great. Farmer usually plants oats or alfalfa, and he pays us a ridiculously small amount.
What are farmers paying rent for less than optimal farm land in that area (between Fort Sask and Bruderheim). Any help you can offer would be appreciated.
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Every area is different. But I'm getting 65/acre on a quarter that is certificable organic. It's a good price for up here.
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Beer- Because good stories never start with a salad.
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12-14-2015, 08:01 PM
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Join Date: Jul 2009
Location: Vermilion ab
Posts: 2,289
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Oats and Alfalfa ? Or seeded oats as a cover crop and now it's alfalfa? Neither crop is a high return per acre if your getting 50-60/ acre for 75 acres your doing good.
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Bring on the Anarchy already !
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12-14-2015, 08:01 PM
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Join Date: Apr 2012
Posts: 1,382
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Quote:
Originally Posted by sns2
Just had a shareholders meeting with some guys I own land with. Anyhow, we have a 1/4 section on RR 211 on the North Saskatchewan River in the Industrial Heartland. There are approx 75 acres under cultivation. Soil is not that great. Farmer usually plants oats or alfalfa, and he pays us a ridiculously small amount.
What are farmers paying rent for less than optimal farm land in that area (between Fort Sask and Bruderheim). Any help you can offer would be appreciated.
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Oats and alfa tell me it's not likely great for other crops, I've rented bad land for 30-50 and great land for 130, the variables are huge.
How is he manging the land? Is he improving the land,maintaining it or running it into the ground?
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12-14-2015, 08:03 PM
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Banned
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Join Date: Aug 2015
Posts: 1,718
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Are your numbers in dollars? Like $30-$50 per acre to grow a crop on?
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12-14-2015, 08:17 PM
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Join Date: Jan 2012
Posts: 3,711
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Any where from 70 to 110$ an acre around here
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12-14-2015, 08:24 PM
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Join Date: Dec 2010
Location: My House
Posts: 13,471
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You guys are going to think we are ridiculous, but I am not the treasurer, and do not deal with the farmer. The land is an investment for us, as there are a number of wells on the land.
In any event, I asked our treasurer at the meeting, and found out that we are receiving $300 year. Total.
I think the farmer has been getting a good deal
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12-14-2015, 08:28 PM
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Join Date: Nov 2008
Location: Mons Lake
Posts: 2,262
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How sandy is it? I know there are some really sandy areas in there if it's really sandy the renter should maybe pay on crop share. $300 is pretty low.
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12-14-2015, 08:29 PM
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Join Date: Jul 2009
Location: Vermilion ab
Posts: 2,289
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Quote:
Originally Posted by sns2
You guys are going to think we are ridiculous, but I am not the treasurer, and do not deal with the farmer. The land is an investment for us, as there are a number of wells on the land.
In any event, I asked our treasurer at the meeting, and found out that we are receiving $300 year. Total.
I think the farmer has been getting a good deal
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Haha you gonna wear a Santa suit to your next meeting?
If the land is not great and yield potential is low, I would still think 35-40 is more then fair for both parties.
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Bring on the Anarchy already !
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12-14-2015, 08:40 PM
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Join Date: Apr 2012
Posts: 1,382
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Quote:
Originally Posted by sns2
You guys are going to think we are ridiculous, but I am not the treasurer, and do not deal with the farmer. The land is an investment for us, as there are a number of wells on the land.
In any event, I asked our treasurer at the meeting, and found out that we are receiving $300 year. Total.
I think the farmer has been getting a good deal
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Does he have to work around the wells? Does he travel far to work it? Anyone closer?
If you guys are happy with him make it work, I have lost land because someone paid more then a few years later they are begging for me to take it back as it's not being managed.
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12-14-2015, 09:18 PM
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Join Date: Aug 2013
Location: Drayton Valley
Posts: 1,258
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Quote:
Originally Posted by Purple Farmer
Does he have to work around the wells? Does he travel far to work it? Anyone closer?
If you guys are happy with him make it work, I have lost land because someone paid more then a few years later they are begging for me to take it back as it's not being managed.
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That's an excellent point. Little cheaper to keep a good guy in place means a lot. Or the next guy might pay a whole bunch more but then you have the county sending nasty letters about cleaning up the weeds.
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12-15-2015, 06:02 AM
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Join Date: Jan 2010
Location: Edmonton
Posts: 6,470
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How much are your taxes?
Really Poor land, the rent should at least pay the taxes.
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Kim
Gonna get me a 16" perch.
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12-15-2015, 06:57 AM
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Join Date: Jul 2009
Posts: 403
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Quote:
Originally Posted by sns2
You guys are going to think we are ridiculous, but I am not the treasurer, and do not deal with the farmer. The land is an investment for us, as there are a number of wells on the land.
In any event, I asked our treasurer at the meeting, and found out that we are receiving $300 year. Total.
I think the farmer has been getting a good deal
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Either that farmer is getting one hell of a deal or your treasurer is lining his pocket.
I rent my land for $40/ acre around St. Paul AB
Even if it's crappy soil with hills, the lowest I know about personally is 30/ acre.
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12-15-2015, 07:04 AM
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Join Date: Apr 2012
Posts: 1,103
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before we sold the land in 2011, we were getting $81.50 per acre near Bowden.
It always had Canola or Barley on it.
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12-15-2015, 08:05 AM
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Join Date: Sep 2013
Location: Calgary
Posts: 1,081
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Ok , , being a city boy , I've got to ask , The prices that are being listed on here , I assume are ...per year ?
And a average healthy crop , on each of the different qualities of soil , would generally gross how much , net how much per acre ?
I realize that there are going to be a lot of variables , the cost of gas , probably being a large one ...
Just looking for some over all averages , once again ...an AO education
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Was a highly motivated person...
...stay lazy my friends
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12-15-2015, 08:11 AM
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Join Date: Aug 2008
Location: Calgary
Posts: 920
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We have 480 acres (3/4 section) in Sask and we get around $15k a year in rent I believe. I know my dad was renegotiating with a new farmer this year so it may be more now.
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12-15-2015, 08:30 AM
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Join Date: Jul 2009
Location: Vermilion ab
Posts: 2,289
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Quote:
Originally Posted by RBI
Ok , , being a city boy , I've got to ask , The prices that are being listed on here , I assume are ...per year ?
And a average healthy crop , on each of the different qualities of soil , would generally gross how much , net how much per acre ?
I realize that there are going to be a lot of variables , the cost of gas , probably being a large one ...
Just looking for some over all averages , once again ...an AO education
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Well it isn't all gravy , that's for sure and the hours put in per return ussually is not in the equation .
On average a decent input cost for canola including rent or a land payment would be between 200$/acre on the low side and 300$/ acre on the high side
If yields, quality and prices align you can have a return of 400$/ acre and up.
There are a lot of variables in between.
Wheat and barley, oats do not have the same input costs but returns are also lower.
Peas this year look like the may have a decent price next September , if you can get a decent crop ( weather permitting) they are booking for 10$ / bushel off combine. The trick is growing a half decent crop as machinery maintenance costs go up with a pea crop.
That's the short version a lot more to it and Mother Nature can be nasty.
I know of a few guys combining tough grain this fall wound up with heated grain even in Areation bins. Heated grain does not even cover input costs and may actually cost you to get rid of it.
__________________
Bring on the Anarchy already !
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12-15-2015, 09:05 AM
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Join Date: Apr 2011
Location: Stony Plain
Posts: 1,835
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Quote:
Originally Posted by super7mag
Well it isn't all gravy , that's for sure and the hours put in per return ussually is not in the equation .
On average a decent input cost for canola including rent or a land payment would be between 200$/acre on the low side and 300$/ acre on the high side
If yields, quality and prices align you can have a return of 400$/ acre and up.
There are a lot of variables in between.
Wheat and barley, oats do not have the same input costs but returns are also lower.
Peas this year look like the may have a decent price next September , if you can get a decent crop ( weather permitting) they are booking for 10$ / bushel off combine. The trick is growing a half decent crop as machinery maintenance costs go up with a pea crop.
That's the short version a lot more to it and Mother Nature can be nasty.
I know of a few guys combining tough grain this fall wound up with heated grain even in Areation bins. Heated grain does not even cover input costs and may actually cost you to get rid of it.
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Yes tell me about it, my canola isn't heating simply because it's still laying in rows in the fiejd, this does not pay the bills either.
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12-15-2015, 09:12 AM
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Join Date: Apr 2012
Posts: 1,382
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Quote:
Originally Posted by super7mag
Well it isn't all gravy , that's for sure and the hours put in per return ussually is not in the equation .
On average a decent input cost for canola including rent or a land payment would be between 200$/acre on the low side and 300$/ acre on the high side
If yields, quality and prices align you can have a return of 400$/ acre and up.
There are a lot of variables in between.
Wheat and barley, oats do not have the same input costs but returns are also lower.
Peas this year look like the may have a decent price next September , if you can get a decent crop ( weather permitting) they are booking for 10$ / bushel off combine. The trick is growing a half decent crop as machinery maintenance costs go up with a pea crop.
That's the short version a lot more to it and Mother Nature can be nasty.
I know of a few guys combining tough grain this fall wound up with heated grain even in Areation bins. Heated grain does not even cover input costs and may actually cost you to get rid of it.
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This, plus at least a $million in equipment. So many unknowns.
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12-15-2015, 09:16 AM
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Join Date: Jun 2007
Location: county of vulcan
Posts: 1,078
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$50-$70 per acre dryland ground.
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12-15-2015, 09:30 AM
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Join Date: May 2007
Location: Stony Plain
Posts: 6,433
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Ill give you $500!
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12-15-2015, 09:34 AM
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Banned
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Join Date: Aug 2015
Posts: 1,718
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How does one go about renting land? Can you grow what you choose? IE.Alfalfa, corn, sugar beets etc?
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12-15-2015, 09:44 AM
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Join Date: May 2007
Location: nsr edmonton
Posts: 2,090
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Quote:
Originally Posted by sns2
Just had a shareholders meeting with some guys I own land with. Anyhow, we have a 1/4 section on RR 211 on the North Saskatchewan River in the Industrial Heartland. There are approx 75 acres under cultivation. Soil is not that great. Farmer usually plants oats or alfalfa, and he pays us a ridiculously small amount.
What are farmers paying rent for less than optimal farm land in that area (between Fort Sask and Bruderheim). Any help you can offer would be appreciated.
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my friend owns a gravel pit just west of you and was renting about 80acres of farmable land for around $2000.00 per year. The soil is very sandy..
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12-15-2015, 10:58 AM
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Join Date: Dec 2008
Location: At the lake
Posts: 2,518
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Quote:
Originally Posted by RBI
Ok , , being a city boy , I've got to ask , The prices that are being listed on here , I assume are ...per year ?
And a average healthy crop , on each of the different qualities of soil , would generally gross how much , net how much per acre ?
I realize that there are going to be a lot of variables , the cost of gas , probably being a large one ...
Just looking for some over all averages , once again ...an AO education
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Thanks for asking!
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12-15-2015, 11:23 AM
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Join Date: Jan 2008
Location: Edmonton, AB
Posts: 16,986
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Quote:
Originally Posted by Mike_W
Ill give you $500!
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Lol.
Sns2... make Mike pay ur $2500 no less a month
__________________
Alberta Bigbore
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12-15-2015, 03:27 PM
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Join Date: Dec 2010
Location: My House
Posts: 13,471
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Quote:
Originally Posted by Alberta Bigbore
Lol.
Sns2... make Mike pay ur $2500 no less a month
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As much as I'd like to I can't. I've given a friend on this forum exclusive hunting privileges. I think he oughta rent a tractor and make a giant food plot for the bucks!
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12-15-2015, 04:10 PM
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Join Date: Aug 2007
Posts: 149
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We charge $50-$55 per farmable acre dryland
$130-$150 per farmable acre irrigated
30% gross sales for crop share.
southern Alberta on about 4000 acres
LL pays taxes T pays everything else
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12-15-2015, 04:11 PM
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Join Date: Jan 2008
Location: Edmonton, AB
Posts: 16,986
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Quote:
Originally Posted by sns2
As much as I'd like to I can't. I've given a friend on this forum exclusive hunting privileges. I think he oughta rent a tractor and make a giant food plot for the bucks!
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__________________
Alberta Bigbore
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