Existing Canadian provisions enough to protect farmers! I laugh and laugh and Cry!

[macdon02]

IF we get another wave of selling, the best case scenario will be a drought ravaged yield triggering crop insurance with their spring price over average yield sold a dollar lower from here. E wave calling for $7 beans

[farming101]

$7? well never say never

Keep in mind that beans and meal shipped for the current year are off less than 3% from last year

Sales of beans and meal for next year are ahead of this year by 47%. Argentina, the largest soymeal exporter in the world is taking US beans this year and they are down for 720,000 MT for next year

[macdon02]

The demographic composition of the Canadian agriculture industry is undergoing significant changes as many farm operators are approaching an age when they may retire. The 2011 Census of Agriculture found that farms where the oldest operator was 55 years or older represented more than half of all farms in 2011, compared to 37.7% in 1991. In addition, less than one out of 10 farms had the oldest operator under 40 years old in 2011, whereas two decades earlier it was about 1 in 4. These two trends were found in farms of different types and sizes in all provinces.

The trends of fewer operators, fewer young operators and fewer farms showed no signs of reversing and may indicate more consolidation and significant turnover in farm assets in the future. The topic of farmer demographics is an area that may benefit from further data and further study.

From Canada 150 site. Would be interesting to see updated numbers as there could be a blip in younger operators. Regardless once the boomer generation is out it'll be interesting to see the shift and whose hands control ag

[jazz]

And here is how the US deals with their farmers.

https://www.producer.com/2018/07/u-s-announces-12-billion-in-farm-aid-as-trade-war-deepens/ U.S. announces $12 billion in farm aid as trade war deepens