drought 1988 and 2015

[blackpowder]

1 week ago cuban assassin was alone in the discussion regarding aid.

[Hopalong]

Crop insurance is likely first choice for managing drought risk.
Governments say they cover sixty per cent of premium for yield insurance, if we want higher monetary coverage, private company coverage is available, but costly.
AgriStability also provides limited margin coverage, more likely to pay out with low prices.
Would note that new U.S. Farm bill puts us closer to them on govt program risk coverage.

[bucket]

Until a disaster hits. The US has never let their farmers down.

Canada hasn't even acknowledged what is going on.

[riders2010]

well then raise a beer to you vvalk I m not a socialist either but maybe you get it also that saying the market and agristability is the answer is a joke. and this time I m not sitting idle while people rake in big payments and us in the flooded then drought wont get a dime. I don t think we should be in the position of begging everytime something that is a legitimate disaster occurs. We shouldn't even be calling it aid, the program should be working they don t. Its not just this government its all of them. They ve had so many scenerios and so much time spent so much money on employees that there ought to be an equitable program that is actually more fair and working.

[vvalk]

There is a very simple solution that I have brought up to them on many occasions. Crap all programs and use all the funding to raise coverage on crop insurance. Farmers pay 60% of the premiums and when you are covered for $250-$300 then there is no need for any other program. Problem is this only works for grain farmers. They want a program that fits all but doesn't work for anyone. They would be better off having seperate programs. Beef, crops and horticulture. But then too simple means all those cubicles in Ottawa in the Ag building would be empty

[riders2010]

Ya that would make more sense. But that's why they don't want it.

There is so much wrong with this current system. Price changes in inventory from one year to next on the same grain can cause a payment or not.
My grain from last year should have nothing to do with my crop from this year. And the year end price gives you a margin. But that's not what you sell it for so those numbers are all ficticious.
Beyond stupid

[Hopalong]

Old ways to handle drought risk were money in the bank or carrying over grain and feed.
Another was avoiding reliance on purchased inputs.
Times have changed.

[GOODRUM]

Of the billions at risk what percentage actually would go in the bank? The lucky one that have had some decent income would know that the margins at best are not that good to skip a year with the cash flow required to farm today.
Most of the losses will be on the grassroots producer , the leeches are secured .
To bad we are so dependant on them to feed the world.
Be great if we could off load some of the losses to our partners.
A the moment I have a chance at a crop but know the frustration you guys are going through, it's not good to feel so helpless.
Might be the time for the reset that some one mentioned was overdo.
Hang in there.

[bucket]

Majority of the money here in this area won't stay in the pockets of the producers. Less than 10 percent.

If they leave guys hanging the remaining 10 percent wouldn't be able to handle it.

[bucket]

Majority of the money here in this area won't stay in the pockets of the producers. Less than 10 percent.

If they leave guys hanging the remaining 10 percent wouldn't be able to handle it.

[hobbyfrmr]

we are not feeding the world.we are primary producers of a grain commodity. Nothing more than that.

[GOODRUM]

Whatever , people can eat because of what I do.

[farmaholic]

Designing a farm income program in a one size fits all is an near impossibility. An across the board ad hoc acreage payment is like a "bonus" for those who were lucky enough to grow a crop this year. Maybe the margin based program was the way to go, before it was castrated though.

Everyone has unique circumstances, it shouldn't matter if your financially solid as a rock or weaker than a wet paper bag. If, because of events(drought and yes flooding)beyond your control you are farming for the year at a huge loss maybe there should be some sort of backstop to keep people in the game. It isn't all bad ****ing management, I don't know if I will have a profitable acre at this point. At this point I am hoping, at the very least, to recoup as much of my expenses as possible.

[bucket]

We are not splitting atoms to design a farm program. It has to be built to allow mew entrants otherwise renewal can't happen.

Guys with only a few years under their belt shouldn't be left hung out to dry.

But then again neither should guys with 35 years. No one wants to lose a full years income due to things out of their control.

I can eat my attempt at tillage radish or chickpeas and a hail storm etc.

But I can't swallow a 100 percent drought no better than 3500 acres of too wet.

And lucky for me I have witnessed both in the last 5 years.

[ado089]

I just wish the government would give me the money they claim to put into crop insurance and let me use it to manage risk as I please. The $30-40/ac they claim to contribute would go a long way in buying risk management tools like hail insurance, weather derivatives, margin insurance and grain options. Crops insurance just costs a lot of money and leaves young guys like me flapping in the breeze.