Agree Chuck! Great grandparents came here to be their own boss.
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Originally posted by chuckChuck View PostOne has to wonder how many of these mega farms are in trouble? Most of them cant get that big without a lot of money from somebody else. When they start using one sided, complicated lending organizations they are likely already in trouble and should be downsizing into a viable operation.
The question I have is why aren't governments supporting smaller and medium sized farms with good lending policy and supports that encourages more farms instead of these giant ego driven empires?
More average sized farms would make our struggling rural communities more viable and keep more young people directly involved and likely make for more stable and sustainable farms.
We don't really need giant farms owned by one family or corporation that could be independently farmed by 20 families.
Didn't a lot of our ancestors leave the old country because the landed gentry owned all the land and there was no opportunities? Seems like we are headed back to same old problem where a few rich landowners control all the land.
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https://mcmillan.ca/mobile/showpublication.aspx?show=100312 well I have to admit I didn't realize it took 60% interest rate to be considered "criminal". Noticed Bell Canada is at 43%/yr. If govt wants to proclaim that it's helping the poor this is a fine place to start..... rather then serving the too big to fail banks/ finance cos with today's BOC rate
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Originally posted by AlbertaFarmer5 View PostCould it be that the reason why predatory lendors such as this exist and are targeting large farms, and the Ritchie Bros catalogue is full of them is that the government policies are working, and are not supporting large farms? We are very small by grain farm standards( big by local standards), and are quite profitable. As much as I disagree with massive farms, I really don't see how you legislate them out of existence without a lot of collateral damage. Looks to me like the free market is solving the issue itself.
But the big farms obviously took over small farms some of which were retireees but most of what I took over was because banks and FCC would not give input loans to put crops in. And some guys weren't that bad of shape just had a bad year or two and cash flow disappeared.
There is a lot more trouble on the farm than many want to admit because it would be an admittance that the farm programs only work for the scammers.
I think people like input know the farm programs are a joke so why not offer easy credit knowing that if you charge crazy interest chances of owning the land are very good for input. I also wonder if this isn't all ties to Chinese eventually owning the land. Just my thoughts on that.
The real problem exists with the shirty programs and the total failure of normal lending institutions to recognize farm situations require differnt help at times.
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Just thinning the herd. Happened in the cattle industry with BSE. Never hear a word about the wealth they stole or the scam they used to depress prices.
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My daughter has completed her first year of ag at the U os S. She has mentioned that one of the professors opinions on the future scale of ag is if your struggling in the least you are not big enough. If you want to be successful you need to expand or quit and work for a large company.
This is the thing they are teaching a first year ag student? When I heard this my heart sank, we are paying tuition expecting her to build on her intelligence and get more knowledge so she can build a better life for herself, of course there is struggles in anything and if I would have thrown in the towel at the first bump in the road she would not have been exposed to the ag industry and wouldnt have developed an interest in pursuing it. This is where the herding starts, first year of university the direction is towards big business and finding a box to fit in. So this old guy has to point out that the lady professor doesnt really speak for the grassroots portion of ag. This way of thinking is not what settled this country .
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The professor did not mention that 75% of ag jobs are sales jobs and that if she does not like sales she should change her major. Think SALES agronomist. Local Pioneer manger was expressing frustration with the fact that the new hires think their job is agronomy when it is really sales.
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Originally posted by ajl View PostThe professor did not mention that 75% of ag jobs are sales jobs and that if she does not like sales she should change her major. Think SALES agronomist. Local Pioneer manger was expressing frustration with the fact that the new hires think their job is agronomy when it is really sales.
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Guess I don't understand all pissing and moaning about input. If you don't like the terms then don't do business with them.
I didn't like the terms my family was laying down with the farm so I parted ways with them And did my own thing .
The fellow in question here decided to do business with them. He made his bed and now has to sleep in it. No one to blame but himself.
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Pretty simple. If u wanna get their attention don’t seed an acre. I mean all of us. This country would be crippled. Everything rolls down hill and we are at the top if we would just follow through once.
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