B O O M! The sound of Agricultures door closing!

[wakopa]

next year-well i did very well on my wheat price(ya we dont wanna hear about it) i screwed up on canola except what i contracted, was gonna sell all my canola today at over 9, shouldve text from the combine two days ago.canola is gonna come back to nine then i will sell everything and look at buying either corn or barley and wait for the turnaround.depending on situation i might grow buckwheat and flax and get top crop ins.i jump in and out of crop ins.made over 5 thousand this year not getting crop ins.cashing in on my stocks and sitting on side waiting for the crash in 6 months then buy back.i try and take advantage of the highs and lows.

[wakopa]

forgot, happy happy happy

[rockpile]

Agricultural production is a commodity market and in the commodity markets there is an old saying: "the best cure for high prices is high prices and visa-versa". 8 or 9 years ago the experts said we'd never see $4.00 an mcf natural gas prices again. Today, that is the norm. As for feeding the world's hungry, that's irrelevant because only a little more than half the global population can afford our products at our cost of production. The rest are a whole different topic. As for surviving these cycles, that requires discipline and reasonable expectations and serious risk management. Seriously SF3, I know a pile of farmers who would gladly trade places with you and take on your problems. Either accept the good and the bad as one package or else get the hell out. Your type A personality will lead you to a heart attack.

[grassfarmer]

"Agriculture's door is never closed. Only minds close."

Outstanding Braveheart, couldn't agree more.

[Klause]

I make that 700 bucks a day... it's fun for a young guy whose single.



But what ya gonna spend it on if you don't have a farm? Booze drugs and hookers?





As far as this year goes peas average 6.50 53 bu an acre.

Wheat 6.00 a bu 50 bu an acre.

Oats 90 bu an acre 3.40 a bu.

Canola? Our crop is shit but between crop insurance hail insurance and an average market price of 10.80 a bu we will be ok...

Paid for the high clearance sprayer and the new(to us) combine with custom spraying.

We will work this market on the way down and then on the way up to average prices that work for us.


I.e. 6 peas for next year 12 flax. 3 oats.


Farming is a truly capitalist business and I wouldn't want to do anything else.

[Hopperbin]

Sask3 What expert is telling you to produce and stick every dollar you can Into your crop. As a farmer your job is to produce grain efficienly. You talk as if your not qualified to operate a grease gun, use a calculator, etc. Oh now is the time you will say if I met you you are totally different. What is the point.

[Klause]

I do agree with Sf3 on the big boom being over... like the oil patch booms... right now thr patch is running steady. Means a nice balanced work load.


I see agriculture doing the same after the initial shock this year.... no more 800 urea... but we will have 440 urea.. 7 dollar glyphosate possibly. There will be chance for profit. Just not 14 x 60 canola profits

[sumdumguy]

Farming cycles. Since 1980, we spiralled down, but our friend, the lowly lentil and his birdseed cousin kept us afloat. Couple that with a seed plant and voila, we made the payments. Didn't matter that you had to work 12 months of the year, 40 below, whatever.

Our friends found easier ways because they were a lot smarter and you will think of a way too SF3. The downturns will likely not last 27 years like the last time, but I guarantee you, there will still be cycles. That's what we thrive on. If it was easy the Chinese would be here farming. Oops I think they were coming. Exit, stage left.

When times get tough, you will become more resourceful. Give yourself a little credit.

[Hopperbin]

Sask3 dont get me all wrong. Your have been valuable on world production. Very. What is happening in other parts of the world. I am a sponge for a lot of things you have brought up in the past. Just my opinion. Perhaps we dont want to hear the bad news of world production over production

[farmaholic]

Klause, are you ****ing retarded? Who in their right mind would give up $8-900 a day for the amount of risk you now carry ane crap handed out? I realize working with stoned people is scary and risky, but you appear to be the type of person that would sooner rather than later be in charge. Ya and my friends who do it get tired of being away from home for weeks at a time. I guess everything has its pros and cons. You're a young man....get your head read. ;-). I think the problem is you grew up on a farm, likely in your blood. Go for a transfusion.

[Klause]

Night after night on middle of nowhere bush alberta. .. 8 hrs away from a woman that loves me.


Shit camp food. Communal showers that almost never have hot water...

Spend 12 hours a day pulling wet pipe when it's -40 either being soaked and frozen on the floor or just froze up in the stick.


Working all night then getting called back at 11 am cause you're the only one on two crews who can get an air locked detroit diesel going.


Working with a bunch of drunk mechanically inept and physically weak twits who don't understand production or even what they do half the time.


I me good with winter season thanks.


That's exactly the reason I farm. On the farm I am my own boss. On a rig you are always someone's bitch. Even if you are consulting... there's always a guy above you using you as their scape goat... and always someone under you that screws up and gets you an ass chewing.

[blackpowder]

If I may, I might answer that for Klause.
Although it I might be tragic that he is infected with the farming 'disease', not everyone on the pipeline makes 700/day. And not year around. And not many of those will have a real home as we define it after their 50. And most will be divorced twice as their only 'family' is their crew.
After family it's about paid for equity or a good benefit package. Sounds like he knows what he's doing. I didn't at his age.

[blackpowder]

Sorry, I just read your post. Amen.

[bucket]

Farmaholic

I don't know about klause, but I know know I am retarded.

The leeching railways and graincos take every bit of optimism and turn it into like they are doing you a favor buying or moving grain for you.

And a government elected by the west that couldn't plan a two man rush on a three hole shitter. Or regulate **** all.

[Hopperbin]

So klause 60 per acre rent yet availlable.