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John Grain Land Rental Auction Event RM 246 (Closed #200451)

This Auction Uses Proxy Bidding.
Ended

5 Quarter Grain Land For Rent RM of Ituna No 246

  • Sold Winning Bid: $54.50
  • 17 Bid(s) Reserve Price Met View Bid History
  • High Bidder: Saskfarmergoodeve
Details
  • RM Name RM of Ituna Bod Accord No 246 and Rm of Garry No 245
  • RM Number 246
  • Legal Descriptions SE-18-25-09 W2 , NE-12-25-10 W2, NE-11-25-10 W2, NW-10-25-10 W2, NE-10-25-10 W2
  • Lease Type Cash Rent
  • Desired Length of Lease 5
  • Lease Start Date Monday, March 22, 2021
  • Total Land Area in Acre 793
  • Bins Included none
  • Outbuildings Included none
  • Crop Rotation barley on SE-18-25-09 W2,NE-12-25-10 W2 and NE-11-25-10 W2.  Canola on N 1/2 of 10-25-10 W2
  • Nearest Town Hubbard SK
  • Directions See google map on this page
  • Map URL https://www.google.com/maps/d/u/1/embed?mid=1D3iwQH4-yUMpA9CqSMDd2yXDE6HmJXZ8
  • Tags farmland for rent, RM of Ituna, Rm of Garry

  • Lot # 01
  • System ID # 201038
  • End Date
  • Start Date
Description

 

RM Legal desc Soil assessment cultivated acres Waste Acres Total Acres
245 SE-18-25-09 W2 H $147,000 120 39 156
246 NE-12-25-10 W2 G $130,000 110 52 159
246 NE-11-25-10 W2 H $89,200 97 72 158.5
246 NW-10-25-10 W2 G $136,200 118 42 160
246 NE-10-25-10 W2 G $116,300 111 49 160
  Total   $618,700 556 254 793.5

 

Crops in 2020:  barley on SE-18-25-09 W2,NE-12-25-10 W2 and NE-11-25-10 W2.  Canola on N 1/2 of 10-25-10 W2

Total 793 Acres , 556 Cultivated Acres (as per seller) ,  $618,700 Total Assessed Value , $123,740 Average Assessment per 160 Acres ,  

bid is the rental per acre per year. Annual rental will be winning bid times 556 cultivated acres.

Cash rent only, 3 to 5  year term.

Selected bidder will have choice of 3,4 or 5 year term. 

Two rent payment each year, one in spring and one in fall.

Winning bidder will not necessarily be accepted as tenant. Subject to review & approval of Winning Bidder's Renter Profile.

 

Terms and Conditions:

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You cannot change or remove bids once you submit them. Bidders should review the lot description as well as their bid amounts. However, higher bidders can change their Maximum Bid down to the current price of their lot.  
 

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