The Wait Is Over. Here’s What You Need to Know.

Hammond Realty has been appointed to lead the Saskatchewan disposition of the Monette Farms portfolio. The process is open, the listings are live, and every producer in this province has a genuine opportunity to participate. 

Saskatchewan agriculture has known for some time that the Monette Farms farmland was coming to market. The questions — who’s running it, what’s the price, how does a producer get involved — have been in the air for months.

We have the answers.

Hammond Realty has been appointed as the sole and exclusive listing brokerage for the Saskatchewan freehold farmland portfolio of Monette Farms Ltd. Listings are live now on MLS® and at HammondRealty.ca. The process is structured, transparent, and open to every buyer — from a producer adding a single quarter to an operator assembling a regional block.

Who Is Running It

Hammond Realty has operated exclusively in Saskatchewan agricultural real estate since 2006. Farmland is all we do. Our team includes professionals with backgrounds in agronomy, equipment sales, agricultural finance, commodity markets, land appraisal, and marketing. We have worked through court-supervised disposition processes before, and we understand what that standard of accountability requires. 

We were appointed because we know this market and we know this land. The mandate is to run a process that every stakeholder — sellers, buyers, lenders, and the broader farming community — can have confidence in. That’s what we’re here to deliver. 

What the Process Looks Like

The disposition runs through a court-supervised Sale and Investment Solicitation Process — the SISP. Here’s what that means in plain terms. 

The process is open and public. Every listing is available on MLS® and at HammondRealty.ca. There are no private showings before public access, no preferred buyers, no quiet deals made before the rest of the market has a chance to participate. Every producer in Saskatchewan has access to the same information at the same time. 

The binding bid deadline is October 15, 2026. That gives buyers a meaningful window — time to walk the land, review the packages, arrange financing, and submit an offer. The deadline is real, but the window is genuine. 

Court supervision might sound like a complication. Let me put it this way: it’s actually what makes this process trustworthy. Every offer is formally documented, every step is on the record, and an independent court-appointed Monitor oversees the process from start to finish. That level of structure and transparency gives every buyer in this process the confidence that their offer will be handled consistently and on the record. 

You Don’t Have to Wait Until October 15

This is something most buyers don’t realize, and it’s worth understanding clearly. 

The Monitor has the authority to accept offers and approve transactions on a rolling basis — before the October 15 deadline — without terminating the broader process or affecting listings on other parcels. A strong offer on a specific package, submitted well before the deadline, can be designated as a Successful Bid and move toward closing while the rest of the portfolio continues to be marketed. 

What this means practically: a motivated buyer who does their homework early, submits a strong offer, and is ready to move doesn’t need to wait until mid-October to know where they stand. Early engagement has real advantages in this process. 

Does All of the Land Have to Sell?

Not necessarily — and that matters to buyers. 

While the process is designed to maximize the recovery of value across the portfolio, the outcome will depend on the bids received, any investment proposals put forward, and the decisions of the Monitor and lender group. It is possible that some parcels are retained, that an investment transaction changes the composition of what comes to market, or that the process concludes in a way that removes some or all of the land from sale entirely. 

What that means for buyers is straightforward: if there is land in this portfolio that fits your operation, don’t wait. The opportunity to purchase may not remain open indefinitely, and there is no guarantee that a parcel available today will still be available tomorrow. A serious, well-structured offer submitted early is the best way to secure your position. 

What Happens With Your Offer

Every offer submitted through this process will be formally written up and presented to the Monitor. There is no minimum to be taken seriously. No offer will be turned away because the number is below asking. No buyer will be made to feel their interest is too small or their offer too low to matter. 

That is a deliberate commitment. When producers know their offer will be received and treated with professionalism, they participate. And broad participation is exactly what produces the best outcome for everyone involved. 

One thing worth understanding clearly: smaller purchases will be considered, but they are not automatic. Each request will be evaluated in the context of the broader portfolio — whether separating a parcel would compromise the marketability or value of what remains, whether it is already part of another buyer’s offer, and whether it leaves the remaining land in a position to attract competitive bids. A producer interested in a specific quarter or a smaller block should absolutely reach out. The answer may well be yes. But the process is designed to protect the integrity of the whole portfolio, not just accommodate individual requests in isolation. 

What This Means for Saskatchewan

A disposition of this scale sets comparables. The prices achieved here will inform lending decisions, succession planning, appraisals, land negotiations, and farmland conversations across western Canada for years. That’s not a small thing — it’s one of the reasons this process has to be run well.

What I’ve learned after twenty years in this market is that the best outcomes come from broad participation, defensible pricing, and a trustworthy process where every producer feels they have a genuine shot. Not just the large operators. Not just the investors. Every farmer in Saskatchewan who wants to be part of this has the right to try.

There’s a version of this story where producers across this province acquire land they’ve been watching for years, at prices the market supports, through a process they can trust. That’s the version we’re working toward.

Where to Start

Full listing details for all ten farm packages are available at HammondRealty.ca/Monette-Farms. We’ve also put together a detailed set of questions and answers covering the process, the timeline, how to submit an offer, and what court approval means for closing. If you have a question that isn’t answered there, call us directly at (306) 948-5052.

The land is ready. The process is open. The only question left is whether you’re in.

Tim Hammond is the President, CEO and Broker of Hammond Realty, Saskatchewan's agricultural real estate advisory firm. With over 35 years in the province's farmland market, he specializes in helping producers, investors, and farm families navigate complex transitions with clarity and confidence.