Buy farmland.

**MeMock** · 12-02-2009, 04:31 AM

Orange bucket?

**Rural Surin** · 12-02-2009, 12:05 PM

Originally Posted by MeMock

Orange bucket?

Wat usage.....

**Spin** · 12-02-2009, 01:22 PM

Originally Posted by MeMock

There is another wrinkle to the story: Most every oil-consuming country has put in place biofuel targets that will kick in over the next five years. These places include the U.S., the EU, Canada, Japan, Brazil, India and China. To meet their targets, according to work by Agcapita, we'll have to commit some 240 million acres to biofuel production. That represents about 50% of the arable land in North America and about 6% of all the arable land in the world.

Some great data in your posts Memock but I wouldn't read to much into the whole ethanol thing right now. The G7 countries changed the mandate for ethanol production in the summer of 2008. This caused a lot of stock prices in fertilizer to collapse. Ethanol producing companies in the uS are lining up for bailout money and with oil cheap, there is no urgent need to bother with ethanol. Oil prices also play a large part in crop prices also, they move together. Just this week, oil has fallen from 40$ to 36$ a barrel and with the price of oil now trading in line with the equity markets it could quite easily go to 25-30$. Its quite possible that the S&P500 is going to revisit the 750 level in the next 2 weeks. A barrel of oil might come free with a box of corn flakes soon, theres so much of it about thats unused.
However, all that aside, I believe buying land is a great idea and it doesnt need any of the reasons you mentioned to justify it. It is what it is and theres no more where it came from so to speak. Good luck!

**Nawty** · 12-02-2009, 01:46 PM

Here is an idea....fuck I am a smart cooky....

Buy up the farmland now while cheap....buy up as many barrels of oil while cheap and store it on the farm land for a few years until it reches its highs again......just dont buy in fire prone areas like Victoria.

**MeMock** · 12-02-2009, 02:53 PM

or at least have a huge fire break!

Worst drought in 50 years in China at the moment, grain production at record lows, could make things interesting.

**Fabian** · 12-02-2009, 03:34 PM

So you are planning on exporting to China, Memock?

**MeMock** · 12-02-2009, 03:36 PM

Not me personally but the Chinese are going to have to buy their food from somewhere.

**MeMock** · 12-02-2009, 03:38 PM

If 25% of the worlds population suddenly run out of food well there is only one way for the worlds food prices to go isn't there?

**Nawty** · 12-02-2009, 03:41 PM

So you are saying we should start fires in China ???

Excellent.

I was in fact thinking recently to go to China to buy a tree I want. But I hate China and have no real desire to go there myself....anyone else going there maybe ? or can you drive there from Los ??

**MeMock** · 12-02-2009, 03:46 PM

I am sure you can drive there but couldn't begin to imagine the amount of taxes and bribes you would have to pay to do it.

**Fabian** · 12-02-2009, 05:22 PM

Memock, not everywhere farmers are rich and land prices are constantly rising.

Though you may be right about China and them buying rice from Thailand. In fact they are doing that for many years if not decades already.

**MeMock** · 13-02-2009, 05:34 AM

I agree Fabian, to be a rich farmer you need to have a lot of land which is why 95% of Thai farmers are poor.

**Missismiggins** · 21-02-2009, 08:43 PM

Originally Posted by Nawty

But....god knows she won't leave anything to you as you won't even give her 500 baht for a fuckin orange bucket of shite.

I am not a religious person as such, my house is about a half mile from the village, down a pretty rough track, with lots of sharp stones, and two dogs that can be pretty intimidating, it seems funny that the orange robed mafia never bother to walk "barefoot" to my door to BEG for something to eat!

And true, I wouldn't give them 500 hundred baht, nor would I give a catholic/jew or any other denomination 1 baht, it is hypocrisy, they can have the steam off my shit should they require!

**Missismiggins** · 21-02-2009, 08:58 PM

Originally Posted by MeMock

Orange bucket?

WOT! you've never seen the "orange" bucket? You ever go to Tesco? they have a whole line in them..
Thet mainly consist of..yes, an orange bucket, into which is usually loaded the standard things that you would give a convict in prison,
Toothpaste.
OMO
Sardines
some nice little candles
Some Ciggarettes - not branded though - only the bannana leaf brand!
More Sardines
Soap
Sardines
Toilet paper
Sardines,
A toothbrush
Sardines in ketchup
Some shampoo - too wash their baldy criminal heads
More sardines in Ketchip
deodarant
Sardines
sardines
mackerel
sardines...what more could they want?

I bet they fucking burst into tears every time there is a Tambon, when they really want a BIG MAC / PLAYBOY / BLOWJOB...and it is another bucket of SARDINES!

**Scottish Gary** · 22-02-2009, 03:09 AM

I was offered the chance to buy 41 rai a couple of months ago in Kampeang Phet from my wifes uncle.
I seriously considered it but eventually declined due to the week pound.
I was also uneasy about the fact my wife and me are living in the UK and would have been depending on her family to take care of it.

**hillbilly** · 22-02-2009, 03:16 AM

Bought some rice land about 2 months ago. Paid B800,000. This past week was offered 1 million for the same land.

They ain't making any more land.

**Rural Surin** · 24-02-2009, 12:28 PM

Originally Posted by hillbilly

Bought some rice land about 2 months ago. Paid B800,000. This past week was offered 1 million for the same land.

They ain't making any more land.

How much rai are we talking about here for B1 million?

**good2bhappy** · 24-02-2009, 12:31 PM

Just got my deal on the other 44 rai.
Will get the paper work in aprox 2 years or less.
Can use the land and pay when I get the deeds

**MeMock** · 05-03-2009, 02:12 AM

Thats good news Good2bhappy.

Jim Rogers seems to think that the farmers of the world will inherit the earth and that the corporates who currently drive the Ferraris will need to learn how to drive a tractor so that they can get a job working for the farmers.

SBS Video Player

I am off on Monday to set up my new farm in Australian, can't wait.

**Marmite the Dog** · 05-03-2009, 12:53 PM

Originally Posted by MeMock

I am off on Monday to set up my new farm in Australian, can't wait.

Need any illegal workers?

**MeMock** · 05-03-2009, 01:38 PM

Nah sorry Marmers, we are share farming so am not employing anyone directly.

**Marmite the Dog** · 05-03-2009, 02:44 PM

Shame.

I had a go at hoeing the garden today. I think the concrete patio would've been easier.

**Propagator** · 06-03-2009, 12:13 AM

Sounds like you need one of these Marmite

**chassamui** · 06-03-2009, 02:07 AM

In principle, it all sounds great, but location, location, location is always the key.
1. Is it likely to go the same way as Chinas farmland and turn to dust.
2. Does it have a sustainable water supply.
3. Is it succceptible to pests.
4. Is it succeptible to political changes.
5. Is access an issue.
6. What about extreme climate events.
7. Is there oil/gold/coal underneath it.
8. Long term climate change will accelerate, and land use will change.
9. Is it likely to be under water in a few years time
10. Do the theoretical farmers who work in offices and buy land have a fecking clue what they are doing.

Good luck, i am glad i'm poor so i don't have to worry about such things. You can't steal from me because i have nothing of value except my conscience.

**MeMock** · 06-03-2009, 05:39 AM

1 no
2 is consistent rain considered sustainable?
3 No
4 No
5 No
6 Not really
7 Not that I know of
8 Like everywhere
9 No
10 My partner is a successful third generation farmer in the same area of where our land is.

Thread: Buy farmland.

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