Ah They Learn So fast!

[Hopalong]

All the negative comment about grain prices and the marketing system might make us think that grain farming is not profitable.
Do not see that to be the case for many of us these past few years and think fears for future are overblown.
Interesting to see reports on crop and revenue insurance payouts.

[bucket]

Grain prices are the same as they were in the 70s dollar wise but not value wise if you talking about profitable.?


....an auger costs more than a super b of grain .....in the 70s you could buy a half ton with 300 bushels of grain...today it would take 6 super Bs or more....

6 dollars in the 70s is worth nearly 30 today....

[GDR]

Grain prices are the same as they were in the 70s dollar wise but not value wise if you talking about profitable.?


....an auger costs more than a super b of grain .....in the 70s you could buy a half ton with 300 bushels of grain...today it would take 6 super Bs or more....

6 dollars in the 70s is worth nearly 30 today....

You are partly right Bucket and I agree I don't like how the economics of farming have changed. The rest of the story is how many bushels are grown on an average farm annually compared to bushels in the 70s. Or net incomes today vs then. Or net income from farming vs an average paycheck then or now.

Farms have changed due to machinery, technology and agronomy. Acres are triple or more compared to even 15yrs ago now the question to ask is have we changed because we had to or because the opportunity was there to profit?

[SASKFARMER3]

Back in the 70s yes we were a farm of 2000 acres run as a family farm. Today were well over that but my wheat yields some years were 50 and some were 40 and some were 30 today we get 66 56 46 so yes change im growing more but guess what in the 70s it was 49 lbs n then 80lbs now 120 actual. Cost wise back in the 70s we took home a new 100plus hp tractor then a new four wheel drive and then went back for a new combine. Total debt was maybe 21000 total debt. Try that today.

Big problem as i see it Canada and USA are losing ground because we farmers give so much away to keep all the industry going.

like i posted earlier do you guys honestly think Russian farmers or most South American Farmers or African farmers are actually sending Monsanto and Bayer royalty checks.

Were going to be like South American soon and they are going to be like we use to be.

China dont give a rats ass about some squirrel in Tuck ty yuck tuck or Bum F#$K Alberta if some thing needs to get to them it gets build here we study and want pay offs and then study and by the time its all over some air head changes their mind and project dies. Well these places will go where product is and the Boy scout mentality that is Canada will not win.

So is it a great time to get out and leave Im starting to really think it is.

The future is maybe Argentina or Brazil.

[grassfarmer]

Don't let the door hit you on the way out. I'm sure you'd find plenty to whine about in Brazil or Argentina.

[SASKFARMER3]

Hey Parasite how you doing, sure miss you spell checks and grammar. NOT crawl back under your rock. Or go back home.