We need Aid !!!!!

[cuban_assassin]

Time has come for Wall government to start discussing what level of assistance producers need to get through this drought!! They might as well start talking to us now and begin work on setting up an aid package, cause with the amount of debt on farms today things are gonna get real ugly real fast!!

[Tucker]

Oooh OK. I'm of two minds about that topic. My balance sheet is strong, I can handle a year of really shitty returns. Why should the government bail out the neighbor who rolls past my yard with his quarter-million dollar sprayer while I sit in my old patriot?

[grrrr]

Get taxpayers to bail out million dollar farmers. That should go over well.

[Tucker]

Yeah and the other side of my mind says that if they limit my profit in years that grains are scarce they owe it to us to make it up on when we are raising a meager crop at a loss. The CWB was great at giving excuses why they had to give our grain away at less-than-gouging levels only to 'keep good customers' in the world. **** that. Gouge away. Those customers have no trouble buying at rock-bottom prices when the wheat is plentiful.

[blackpowder]

My opinion on this subject does not speak to mine nor any one personal situation.
In reality that train left the station a long time ago.

[cuban_assassin]

Things have changed. We all now live in a world of borrowed money. We farmers, as well as many other businesses, as a collective have become to big to fail. It is better to continue to prop big business up than it is to deal with the fall out of allowing them to fail. Yeah if a few bite the dust so what, but if hundreds start to suffer look out. The impact will be huge on the economy and not in a positive way. If the farmers suffer then all the parasites that feed off us will too and they will pressure government to keep the slaves on the farm so they can make money off them.

[LEP]

Black powder , I couldn't agree with you more.

If the current level of support doesn't keep you in business, book the auction sale.

In 2009 a small localized drought took a huge bite out of my balance sheet. It wasn't fun but we made it through it. That year being in the back of my mind has tempered a lot of things I could have done, but didn't.

I watch my debt level, keep some powder dry and have access to enough credit to get through what looks like a repeat.

[riders2010]

What *** support are you talking about. If your in an area that's had five or six good crops and not like us flooded out there is no *** support. And the worst enemies are the assholes that have had good weather that get on here bragging about their bank accounts.

[cuban_assassin]

All I'm saying is this is gonna be bad because of the huge acreage involved. You can bet that government will need to come up with some type of acreage payment. The overwhelming majority of farmers today carry huge debt. That combined with the current cost of production numbers and most farmers will no be able to service their debt and then watch the dominos start to fall.
The government will not let this happen because the fall out will be too great! They know the money they hand out will get spent and thats exactly what they want us to do with it.

[LEP]

I put more than 300 hrs on an 800 Versatile with no a/c or radio in the past year.

Don't know where you get off calling my post bragging.

Just saying, I live on less than I make. Don't ask me to pay for a handout to those that don't.

[furrowtickler]

There is millions of dollars of new iron that put in huge inputs along with huge rents on lots of ac, that's a fact - all before crop conditions were known - it has been spiraling out of control on all three ends for the past 8 years. We were not one of them but there will be a lot lookin in the mirror woundering wtf happened.
There is crop ins, agri stab, agri invest, access to global ag risk as well now. I agree with a few others - no bail out money from my tax $ to watch $100 rents, and mill dollar outfits every where you turn , most financed to the 9's - one bad year in 8 or more should never warrant a bail out on any farm who is watching there p's and q's. Flooded out areas like s/f, and cattlemen survived 8 years of shit with very little or no bail out money.
Sorry if I offend anyone - that bailout comment hit a nerve instantly after watching the bull shit happening the past 8 years. Machinery dealers and mosaic have had some guys completely hypnotized. Just look at that new big BG at Regina - that tells the tail right there......

[cuban_assassin]

You are right furrow, everything you said I agree with but that is not how things work anymore. When 5-10 thousand acre farms start falling behind by the hundreds government will get involved because if these sized farms and larger start to fail with the huge debt loads they carry they will start bringing a lot of others down with them and the chain reaction begins. In the eighties a lot of farmers failed but they were small farms that did not have much of an impact on the overall economy. That is what is different here, when these big boys start falling look out they will drag down the entire industry.

[Tucker]

I really hate to play devil's advocate but did you really think netting $250 an acre would be the new norm and budget for it?

[furrowtickler]

We never got a god dam dime from govt after 75% hailed out in 2000 , devesttind drought the next three years then a wipe out frost in '04 as many others - not a fukin dime . Have things changed - yup - but that's an individual farmer thing - no one has a gun to your head to do what many have done . It's been a fairy tail world in many areas for many years - some seen through the b/s others were like a Jackfish after the ole red and white spoon in spring ...
I know this will piss a lot of people off - but it's the truth
If you are in a 2 or 3 year drought - I agree something needs to be done , maybe the peace river area is the only area I can think of right now

[farmaholic]

One of the BG Reps said to me they will continue to build them bigger as long as "someone" is buying them. Put your ****ing ego on the shelf. All I've ever done is cautious calculated risks, maybe thats why I never grew to be the big boy on the block, AND I DON'T CARE. Someone on here said their forefathers told them to wear the pants that fit them (or something like that) Neither do I want to pay for guy's egos with heads so big they can't wear a hat or think with their big balls instead their brains. Market suppressing Guys who have to "dump" grain to meet cashflow because they operate on the edge.