Are you ready to buy?

[bgmb]

Bucket, I haven't seen too many handed a farm free and clear. Maybe get to use Dads equipment to get started but have to pay rent and run like a business or they aren't around long.

[Bootances]

Sure good we got rid of that awful wheat board.

[bucket]

That's nice.

Better farmaholic? You still on to be campaign manager? Lol.

[LEP]

"As long as it gets paid the same as the rest of us it's all good"???

That is biggest bunch of jealous bs I have ever heard.

Bucket worry about your own business instead of bitchin over the fence. Sheesh.

[sumdumguy]

Many of the younguns are trying like hell and I give them credit. I hope the stars line up for them. Who cares where they get the money to turn their crank?

[bucket]

LEP

Oh so you are one of those guys that think its ok to overpay for everything and then ask for a write down through farm debt review and pay pennies on the dollar so everyone picks up the tab?

That's what I meant by statement.

Jealous nope but I can tell you there are people that did just that a few years back while the rest of us were working off farm to pay the bills.

Or is the farm debt review just good business sense?

[Klause]

Not jealous eh? Then hy the snide comments in my excess rain thread.


And quit with the FDRB my uncle in law is one of their negotiators. There's so much coffee shop myth around it it isn't even funny.


Write down are tiny if they exist. It's usually restructuring a debt to make it manageable.


As far as everybody paying for it... you are anyway. Every business accounts for a % bring credit loss... it's an operating expense. I figure it into custom trucking and spraying too. Roughly 2.5%.

[furrowtickler]

There are some great used low hr used tractors , combines and seed drills out there for up to half the price of new - so ya maybe , if this crop comes off.
New - lol lol , agree with others - way way out too lunch

[Hamloc]

Ritchie sale in Bonanza March 30 one farm buys all 4 2014 Claas 780 combines for 400000 per unit, roughly 450-550 hrs on each combine. Same operation sells 4 2013 S-690 John Deere combines at June 27 sale for 322-350 with a range of 540-900 hrs. What were the approx. original values of these combines? Just thinking about depreciation per year.

[LEP]

I don't waste too much energy looking over the fence. I concentrate on my own business.

I own a case quadtrac and a paralink drill that gets three hundred hours a year on them.

But I also have a couple 800 Versatile that get the same hours on them.

I farm next to the largest farm in Sask and could give a shit about how he finances his 9 quad john deeres and paralinks, 5 sprayers etc etc.

Mine is paid for.

[4GFarms]

Hey LEP, maybe his are paid for too (wink wink)! But you never know. No buying till this crop is in the bin and I know what I have. I have enough payments to keep the money rotating so it never gets stale!!! Mother nature rules and it is only July 2nd.

[LEP]

Ha. Maybe. One of his sugar daddies got a scwack of cash out of the GTH.

[blackpowder]

Some farm with cash, others with cash flow. When the latter outnumbers the former, things change.