Where will you cut back?

[SASKFARMER3]

Sorry grrrrrr the wife pays for all holidays. farming is farming.

[farmaholic]

I'm cutting back on alcohol, drugs, cigarettes, promiscuous women, gambling, and travel.

No room to cut back on the farm, far too many businesses and people rely on me.

Personal sacrifice....

[BreadWinner]

While you guys are all running from the carnage I'll run towards it. Take on more land, fertilize heavier, use better seed, funguside the crap out of everything, get more bushels!!! That's the way to make money. Best advise I every received was if everyone is selling start buying and if everyone is buying you better be selling. Farming is no different than buying stocks the more bushels you grow the more dividends you earn. This year will have good canola and wheat prices, specialty crops will tank, oats and barley will be overproduced. I basically do the exact opposite of market forecasters and found I'm better off.

[freewheat]

Breadwinner. Shhhhhhhh. you gotta be more stealthy, man! You gotta say the right things, while maintaining "the plan" deep down inside...

[SASKFARMER3]

Bread your funny. Yes what your saying is true. Like the 80s when others were down size we expanded. But that was when land went from 160 to 75 to 55. Pump the piss out of your crop good for you.
Like that works, why over produce, Mother Nature has a way of equalling things out. Enjoy!
But bread did show one thing by his comments. The industry will win every time when we work against each other with the me myself and I! Attitude. Divide and conquer!
The industry always wins.

Ah farming!

[GOODRUM]

Yea giver shitt breadwinner , just don't put more into your crop than insurance covers, I burnt a lot of big canola swaths in 2004, my coverage didn't cover my losses , uff daa !

[SASKFARMER3]

Oh wait the new insurance that covers your costs so you can give it all it needs till harvest.
FM.
Every one that's taken because it's a basket crop hasn't got a check but paid a premium.
Mother Nature just when you think you got it figured out comes around the corner and nails you right in the berries. Enjoy!

[Richard5]

No one has mentioned getting rid of excess equipment or cutting the draw from the farm account (other than the one post about women and drinking)

To me, you don't make money cutting inputs. You can probably trim a bit by trying to use the right product but that can be a double edged sword.

Maybe attending one trade show and not 10 is also a good spot to start. I am amazed at some of you that can spend 2 to 3 days in each place (Red Deer, S'toon, Regina, Brandon and some show in North Dakota).

[blackpowder]

I mentally calculate all purchases day to day as $ /ac. (Except booze etc.). Fixed costs like debt and rent can't do as much about. Other mental go/no-go is "does it make bushels?". That cuts a lot of crap right there. My ex-wife is now a fixed cost. She takes all the trips she wants.

[freewheat]

Richard the 5th: Good points.