High rent

I notice on this forum a article written from the US stating the dropping of rental acres because of a soft farm economy. Wonder whats different up here? Grain prices are pretty depressing except for canola, and the only reason I've been swinging a profit in the last couple of years is because of yields. Now with no rain in forecast and the outlook for poor yields I'm thinking that will change. I don't rent any land other than 1 quarter on a share basis.....and thought about cashing it out because of the high share, but that has changed. 25% of #%$% all is nothing. I don't understand how $80 rent adds up?? Even on good land that's a lot to throw at the land lord, considering the costs to put it in. For me canola cost me about 90 fert, 20chem, 55seed, 25 fungicide, add some tech fees and other crap and its 200 plus without any equipment cost. I had one guy tell me he was into his whole farm average at about 370 per acre! And I'm guessing that's not far off with a big rent. I find that a lot of guys in the 10k acre club don't carry crop insurance, say the bill is too high for the coverage, just wondering how that adds up. I'm thinking that the whole province won't be affected by this drought, but here it is getting pretty bad and its starting to become stressful for most of us involved.

Lets hope the forecasters get it right for once with the long range, cause my 7 day forecast right now is for 60% chance of rain on Tuesday, that'll change to a sunny logo on Monday.

High rent