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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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