Don't count on Agristability

[ajl]

That the trouble with the 1% today is that most of them are either crony
capitalists or senior bureaucrats that have feathered their own nest. They
are not rags to riches entrepreneurs like they used to be in the old days.

[fjlip]

Agree Agristability is useless and window dressing. We opted out and see no possible payments on 2013 or 2014.
Crop Ins is the main focus for Gov support, should be FREE, to guarantee farmers keep feeding the 98% cheap food at nearly our cost.

[ado089]

Why should the government be
responsible for keeping your
business afloat? After 5 years
of great prices and good
yields by and large most
people should have checks
deffered out to 2015 by now.
If anyone felt the need to
participate in running the
price of land up 300%
machinery 200% and canola seed
400% you deserve what you have
coming in my opinion. I mean
how many of you bought into
the "new normal" BS? The same
as this is not the new normal
we're just at a different part
of the curve, curve being the
key word.

[farmaholic]

........CLIFF being the key word!!!!!!! That's what it
felt like to me.

Merry Christmas Ado.

[T.N.T.]

I agree 100% with what you say ado089,some people don't see it that way!

[ado089]

Merry Christmas to you too
farmaholic. Didn't mean sound
that rash but I can't grasp
how so many seem surprised
that commodity prices
oscillate. It sucks but those
prepared for anything other
than $14 canola at 60bpa will
probably weather this storm
fine.

[wheatking16]

T.N.T change of tune? Did you talk to
your daddy?

[T.N.T.]

It's a little hard to talk to my Father,when he passed away last fall.

[bucket]

ado

Why should the cpp investment board be
bailing out investors in farmland?

This year would have a lot of those
investment groups with renters walking
away and zero or negative return on
their capital. Instead the government of
Canada gets to take the licking.

And more than likely the managers of
these groups are making their salaries
managing this for the cppib.

That's a larger subsidy than most
farmers get from the government, on both
the investor side and the manager side.

Maybe you could explain why?

[blackpowder]

Although I am responsible for my finances, I will
not accept blame for the price of land and
machinery. Ado, may I suggest counselling?

[farmaholic]

CPP investing in farmland is like coming
to the party late. That ship may have
sailed. What is disturbing is that the
Government which is really the tax payer
will bear the brunt of this. It would
be interesting to see who the main
investors are in Assiniboia and who they
are really bailing out. Would be
interesting if any dots could be
connected. Time will reveal. I've
always said when you're playing with
someone else's money your never quite a
prudent as if it was your own.
Incompetence or corruption, both stink.

[bucket]

It has nothing to do with coming to any party, the CPPIB is bailing these guys out.

Imagine how some guys feel that sold land in the last couple years that could have just waited for the government to give them higher than market prices.

This opportunity should be available to any farmer wanting to get out not just Assiniboia, especially when the government is involved.

BTW, sure perked up a few ears in Ottawa when they found out their hard earned CPP fund was buying land at a high.