Farmland conversion and landfill sites

[westwardloo]

I live on a farm and although we rent the land out, both me and my partners families are from a farming background. I can tell you with almost 100% certainty that farmers don't make anywhere close to 18k per acres.  Maybe $500 per acres on a good year. Soybeans can't be grown each year either, you typically rotate the crop between corn, wheat and soybeans. 

https://farmersforum.com/eastern-ontario...e-of-land/

These farmers are getting paid well to relocate. Does it suck, absolutely. 

Really it is the Neighbours that are the ones that are really pissed about this. They aren't getting the pay day and they will be living next to a giant factory. 100% this is more of a NIMBY issue then they want it to seem.

I too have a farming background.  My best friend is a commodities buyer/seller for a very large corporate company that sells all over the world, I know what he pays and those prices are accurate.  You are correct they dont "make" 18k per acre because of costs.  Fuel and fertilizer alone are killing profits...  Also, many farmers don't rotate crops.  I too rent out land and they have been doing soybeans for 10 years straight with no issue and high yields... but all I was trying to do was simply show what the worth of 700 acres can be to the agri business...

I understand what you were trying to show. I am simply saying you are spouting false statements, that make it seem like farmers are making millions of dollars a year. I provided a source to back up my claim. 

The land in question yields roughly 60 bushels per acre on the high end. 

https://www.agricorp.com/en-ca/News/2024...per%20acre.
https://soycanada.ca/industry/statistics/average-yield/

The price per bushel if they waited to sell would be $15/ bu. 

https://fmn1.agricharts.com/pages/custom.php?id=12619
https://gfo.ca/marketing/daily-commodity...odity=1574

That works out to be $900/ acre of land. Assuming 100 acres of working land, they are making $90,000 per year on the land. Which does not include any overhead costs. They profit maybe $40,000 a year on soybeans. It would take them 100+ years of growing soybeans to recoup what they are going to make from the expropriation.