agri instability

[Richard5]

For those that want increased AgriInvest:

What are your responses to the allowable amount received from AgInvest when there is a crop failure or falling prices. Because it is calculated simply based on cash sales when the disaster strikes your benefit is less or possibly zero if not in crop insurance.

AgInvest is one of the programs that makes the least amount of sense because you get something each year regardless of how well the proft was or wasn't.

[Richard5]

We can argue till blue in the face about AgriStability but 9x out of 10 it will be the first program to pay verses crop insurance.

As farmers we need to get our head out of our asses when it comes to the expectation that government programs should pay us every year.

We also need to look at our farms real profitability and not the bank account. Those that are deep in debt have over bought on equipment, land rent/purchase and personal spending. The banking system is also to blame as anyone could get credit anywhere and anytime and have bought everything and anything green and the latest gadget and kelly harrows.

[WiltonRanch]

I can't see why there couldn't be a price insurance program like there is for cattle. Base it off market prices. Self funded by premiums. A simpler way for farmers to hedge. Gives guys a floor price. Maybe it wouldn't work but just an idea. Ag stab is too complex and contains too many layers of administration.

[Hopperbin]

Richard are you retarded? Why would you worry about putting money in on a year it is I tended that you suplement your Income?

[Hopperbin]

And this is totally untrue.

AgInvest is one of the programs that makes the least amount of sense because you get something each year regardless of how well the proft was or wasn't.

Aginvest is based on sales. Govt and accountant cheap. Pays all to farmers. Manage it and better off than crop ins or agstab. I dont agree with you. Good farmers are not idiots like you portray.

[Richard5]

Hopper you don't get it. Give your head a smack and not your better half

When the disaster strikes you have no sales therefore none or minimal allowable matching amount.

You are thinking of only ones that may have a building account balance and withdraw it when times get tough. This can be true but struggling farms don't leave it in any year.

[Oliver88]

It is hard to understand why someone would be opposed to a 100% matching Agriinvest fund that requires $0 from an accountant.

Richard5 is in a small minority on this issue.

[Richard5]

I didn't say I was against it. the debate is scraping programs that some don't like.

Politcally and practically it's a program that doesn't make sense because the benefit drops when the tough time hits.

Others have said on here that the lucky ones with multiple good years develop good reference margins for agri stability and now may collect.

How is it any different for a farm that's experienced five to seven great years and getting max agriinvest also

For those that don't value the accountants advice or preparation costs, get a different accountant that maybe knows something about ag or figure out how to process yourself

That's my contribution to this debate, that all

[Oliver88]

Fair enough we are all entitled to our own opinion.

I like the "keep it simple" approach of diverting the Agristability budget to Agriinvest and/or crop insurance. I believe less government employees and waste would be required with my idea.

Cheers.

[burnt]

Oliver, you seem to be under the impression that cutting programs is met with an equivalent reduction is government staffing.

Best joke I've seen all day. Thank goodness it's still early.

Government is a freaking insidious form of cancer -it grows by invading everything around itself. Government is getting to be a sick joke, a corrupted caricature of democracy, justice and order.

Government seems to believe that we, the people, exist to justify their existence, rather than the other way around.

Golly, am I starting to sound like an anarchist? Well if I am, it's because the government changed, not me.

[canolacrazy]

comparing agrinvest to agristablity is nuts. one's just a yearly agriculture subsidy dressed up as income stabilization (whats not to like), the other is insurance (whether you like it or not). the agristability fee is cheap, accountants are not. so the message is either do agristablity yourself and get rid of the pricey accountant, or get out of the program. no one's got a gun to our head to be in it.