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Coffee Shop
Predicting the future
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<blockquote data-quote="rockridgecattle" data-source="post: 1118338" data-attributes="member: 6198"><p>The prices are scary high here too. No one has seen the likes. We just sold an older bull and got over 2100 for him. Can't even hazard a guess what breeding bulls will cost. The guy who manages our action mart says their is a huge demand for ground beef...it's what the average person can afford.</p><p>I think once these higher prices hit the consumer, they will stop buying or regulate what they buy even with chicken and pork's high prices.</p><p></p><p>Honey has gone through the roof too. When we got in the price (2005)was 86 cents a pound with a double brood hive averaging $100 Now honey is at $1.76 a pound for 2013 stock and 2014 prices still expected to climb and hives, double brood over $250 a hive.</p><p></p><p>Everything is climbing...when the consumer can't pay, then it will drop.</p><p></p><p>Bez, north interlake land prices are some of the cheapest in Canada. Last I heard quarter section of land (160 acres) of cleared seeded pasture went for $40,000...that was high. </p><p>Our poorer quarters are assessed under $20,000. Bush, swamp, pasture land.</p><p></p><p>A guy came out to asses some land in the area. The fellow assessed the land between 85- 100 000 a quarter, seeded land. The owner took the assessed value to the bank and wanted a loan. The banker said go fish. The assessed value is no where near actual. The fellow who did the assessing did not base the values on what farmers are paying, but rather what business are paying to either log, mine for limestone or gravel. No farmer out here could afford or would pay those prices.</p></blockquote><p></p>
[QUOTE="rockridgecattle, post: 1118338, member: 6198"] The prices are scary high here too. No one has seen the likes. We just sold an older bull and got over 2100 for him. Can't even hazard a guess what breeding bulls will cost. The guy who manages our action mart says their is a huge demand for ground beef...it's what the average person can afford. I think once these higher prices hit the consumer, they will stop buying or regulate what they buy even with chicken and pork's high prices. Honey has gone through the roof too. When we got in the price (2005)was 86 cents a pound with a double brood hive averaging $100 Now honey is at $1.76 a pound for 2013 stock and 2014 prices still expected to climb and hives, double brood over $250 a hive. Everything is climbing...when the consumer can't pay, then it will drop. Bez, north interlake land prices are some of the cheapest in Canada. Last I heard quarter section of land (160 acres) of cleared seeded pasture went for $40,000...that was high. Our poorer quarters are assessed under $20,000. Bush, swamp, pasture land. A guy came out to asses some land in the area. The fellow assessed the land between 85- 100 000 a quarter, seeded land. The owner took the assessed value to the bank and wanted a loan. The banker said go fish. The assessed value is no where near actual. The fellow who did the assessing did not base the values on what farmers are paying, but rather what business are paying to either log, mine for limestone or gravel. No farmer out here could afford or would pay those prices. [/QUOTE]
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