agri instability

[freewheat]

NISA started out with a 3% of sales contribution/matching funds did it not?

Put a cap on it, bring back the 3% and go from there. In a few years, most guys would have pretty good money in the accounts to help offset poor years.

For every half million in sales, after three years, you would potentially have 90 000 in there to draw on in bad times.

Cap it at three years of contributions, and go from there.

It is all we would need, no? A farm with 2 million sales, would be able to sock away 120 a year, (with govt funds), and have 360 to help when needed.

Or is it too rich that way? I dunno, it is a simple program that would be easy to police abuse and stop abuse from happening in the first place.

And then a bit of an improved crop ins. and we should be good to go.

I know I would have sure faired better in rough times, if the ENS was 3%, not 1%.

[GOODRUM]

I forget who they were called or much of the details but maybe someone else can chime in with more , I think it was still the sask wheat pool in 2005 and they triggered a CAIS payment , something to do with pig barns they were operating.

[ajl]

Lets not forget Broadacre/Wigmore that has gone bankrupt but still owes a repayment to Agri Stability. Figure that one out.

[vvalk]

Free wheat. You cap out with agri-invest. Used to be $22500 now it's like $17500. Not saying it's nothing. Just saying you can be $1.5M or $10M and get the same

[freewheat]

Yeah, just looked. Maximum matchable is 15 000 a year. They keep moving the dang yardstick.

[bgmb]

No chance of a good farmer getting a payout when they changed the rules so a good farmers margin is now the same as a poor farmers margin. Yep thats the conservative way.

[freewheat]

You mean the lucky farmers and unlucky ones right? lol. The poor farmers are with Elvis, for the most part they have left the building!

[ajl]

That's right freewheat. Most farmers succeed in spite of themselves, not because of themselves. Some need more hail, drought, and/or flooding to see if they really are 'good' farmers.

[freewheat]

Meh, I just don't like the, "good farmer, poor farmer" ideas out there.

If yer struggling along, it must be management, huh?

[sawfly]

accountant advised against it.
so never went in.
i have built up a decent agrinvest
account . (for how ever many years it has been) for the hard times surely to
come.
only to see that figure ,
that entire amount clawed back (or transferred in basis ) to the grain co.s. in one year.
( kinda sick feeling)

it really points out that you can manage the safety net all you want.
it becomes meaningless ,

when you stand by and let the whole system go to hell.
Places like Germany/ Norway have economic strategy's ,
where is ours?

world prices were not horrible.
we just could not access them.

it did not hurt the grain. co.s
or the rail roads. at all, ( so why would they bother fixing it) but it did hurt the country.

why do we bother electing anyone if their job is to do nothing.

i think the govt. actually
has a job. other than the corporate enabler we have now..

and who here thinks the little railroad fines, have cured our flawed transportation system?

[WiltonRanch]

I remember my accountant tried to talk me into it and I initially fell for it. After a bunch of info gathering on inventories and what not I told him this is a waste because I am a mixed farmer and there's no chance of ever collecting anything. Oh he was just about crying that I decided to not go on. Buggers still charged me $900 for what little they did. I am glad I terminated it before it cost me any more. Agstab is just govt window dressing; the store is empty. Put the money into research, public breeding, crop ins etc. the proactive things. These complex and ad hoc programs don't do anything to address the real problems.

[Guest]

That's a laugh ! CN paid $100 k , CP refused to pay $50 k ? It's a joke , we lost more than that on own farm easily .

[Richard5]

For those still in it, opt out, end your pain, suffering and frustration

http://www.saskcropinsurance.com/agristability/forms/cancelparticipation.pdf

[Hopperbin]

My opinion would be put all money crop ins and agstab abollish them. Put the money into ag invest. No accountant to pay. No govt paid auditors. Actually we could have half the gov't input money let farmers do their own safety. Ones that do not are gone poblem solved. I suppose I talk tuff but it is correct is it not?

[Hopperbin]

Half of the govt input would pay farmers more. Many farmers still grow crops according to crop ins profit. How much sense is that? Agstab was there to make farmers more profitable accountant takes half. Invest is there without costs.