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Trying to learn a little more about my family business. My grandparents are getting ready to turn over roughly 2,500 acres of land that they grow Durum wheat on to my parents and I. From what I understand they pay people to do the work for them.
How much does the average durum farmer get per bushell? & or ton.
What is average yeald from an acre? I have heard from 30 bushels all the way to 80 bushels per acre depending on just how well they harrow and prepare the soil. I don't think I can actually inherit the land as its in Canada and im an american citizen. My mother on the other hand is Canadian....is this true?
well your averages will vary with the whole depends on teh land thing so for the first year consider that 30
well im not sure about the inheriting thing but i do know that you can buy it so have them sell it to you for the low family discount of 1 dollar
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Im pretty sure I can't own any canadian land due to being an american citizen. Not to worry my mother is a canadian citizen so that isn't an issue. Im more worried about learning about the business of farming their land. I don't really want to take over the full responsibility of the farm just want to show that I do know something about the business. I have read alot about the tilling soil etc.. 2-4D and all..
Why would being an American prevent you from owning land in Canada? Canadians can own land here. If it is not a two way street that would be very aggravating.
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You won't have any trouble owning land in Canada, citizenship doesn't matter, just as long as you pay your property taxes every year. [img]/forums/images/%%GRAEMLIN_URL%%/smile.gif[/img] I have several landowners near my acreages that are US absentee owners, and several europeans as well. There's also quite a population of US investors that were buying up Lake Superior waterfront while the greenback was stronger, and for the most part all built vacation homes on their lots, unfortunately drove the price of the cottage property market up about twice what it should be worth.
In fact, in this region, the only way a US citizen can hunt in this "zone", they have to own the land they hunt, hire a guide while hunting, or go to a specific lodge that will host them.
Sorry, can't help you about the farming question, i'm in the forestry business. lol
Where is your grandparent's farm?
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Well my question to you is if the ground is dryland or irrigated. If it's dryland it will mostly depend on how much rain the farm gets. Good rain, 70-95 bushel/acre is possible. Little rain can cause a yield of less then 20 bushel/acre. I don't know the exact price of durum right now, but soft white wheat is around $12.00/bushel in some places the last time I checked. Durum should be a comparable price.
We used to raise durum, but here in Idaho you pretty much had to have a contract with someone like General Mills to raise and sell the stuff. It did ok, but this was on irrigated ground. It was usually around 100 bushel/acre.
Without knowing what type of ground it is, I cannot say what is the best farming practice. The easiest thing to do is ask around. Other farmers should tell you what worked for them and what didn't. There's also lot's of other good crops out there to try beside durum wheat.
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<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Lee Haenschen</div><div class="ubbcode-body">Trying to learn a little more about my family business. My grandparents are getting ready to turn over roughly 2,500 acres of land that they grow Durum wheat on to my parents and I. From what I understand they pay people to do the work for them.
How much does the average durum farmer get per bushell? & or ton.
What is average yeald from an acre? I have heard from 30 bushels all the way to 80 bushels per acre depending on just how well they harrow and prepare the soil. I don't think I can actually inherit the land as its in Canada and im an american citizen. My mother on the other hand is Canadian....is this true? </div></div>
Go to the USDA website and look around, there is a bunch of information there. Check out the FSA section there. If the land is in Canada the FSA farm programs won't apply, but it will still have a lot of information on it. ND is a large wheat growing state, check out the extension website there, you might also want to check out the IA extension site at ISU; lots of info available. Hiring out to farm it you have two basic options. 1. is cash rent the entire place or 2. enter into a 50/50 agreement with a farmer; there are tax implications for either way you go so read up on it. Cash rent is just what it sounds like. 50/50 is you pay for 50% of the inputs (seed, fertilizer, pesticides,etc.) and you receive 50% of the crop yield which then you have to market. Marketing grains is a whole other conversation that would take up way more room than is available here.
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I guess I was told wrong from my grandparents. They had led me to beleive that in order to slow down the amount of property US business men were buying for investment reasons they had changed a few laws that from now on you had to be a canadian citizen.
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