Holy Cow! Input Capital averages $10.89/bu on Canola! Cant afford not to use them!

[SASKFARMER3]

The more I think about this group the more I believe Sask Farmers use them.

look around a guy who a few years ago couldn't find 8 quarters to buy a cup of coffee. Now is renting half the country and seeding Canola and Lentils or Canola and Wheat.

How many knows of guys in their area.

[Richard5]

The more I think about this group the more I believe Sask Farmers use them.

look around a guy who a few years ago couldn't find 8 quarters to buy a cup of coffee. Now is renting half the country and seeding Canola and Lentils or Canola and Wheat.

How many knows of guys in their area.

This is very easy to find out if you want. Setup an ISC account and for $7 (prob fees are higher now) do PPSA search.

I agree fully that some of these operations that are buying up land at high prices, buying complete lines of equipment every year and then auctioning off at Ritchie’s, have contracts with them.

For some its a knick in the juggler, for others, its a large bleeding wound and a poorer crop like this won’t be good

[SASKFARMER3]

I still have all my old accounts in service.

Key stroke tells all.

Just saying why is my question.


Just to pretend your a BTO

[dmlfarmer]

I wonder if when anyone is lying on their death bed they wished they devised or worked for a canola "scheming" contract company....immorality has no limits to those without conscience. When money is your God you would rather die a rich man than with a clear conscience.

Everyone in the Ag Industry needs to take heed when they rob someone of what is rightfully someone else's....grain grade or value, fuel fert chem seed over priced values.

Now to get on my moral high-horse and ride off into the sunset...

Rob??? I disagree. What is happening in ag is pure capitalism and the market economy. Buyers pay no more than what sellers are willing to sell for and suppliers are pricing everything from fuel to parts to seed at what they can sell for. Unfortunately, individual farmers, even the largest BTOs, have always been too small to have any market power in ag. And our power is being further diminished by the rapid consolidation of buyers, traders, and suppliers within what is now a global marketplace. Again, another outcome of unchecked capitalism. A proven strategy in capitalism is to buyout your competitor to gain market share thereby giving more market power. The void that is left is naturally filled by "advisers" "consultants" and "schemers" like IC looking to make their own bucks on.

And where do you draw the line between robbery and profiting. Is a retiring farmer selling his land to a young person at a price which is double or triple the productive value and which will never pay for itself robbing the young person of his quest to be a farmer, or is it a case that the retiring farmer is simply profiting from the market. Makes your argument real tough to defend when you are the one benefitting from a market economy.

[farmaholic]

If I want/need what they have and they set the price.....what choice do I have? Take it or leave it. Sadly those things never seem correct or adjust down much.

What I pay for land is my choice...take it or leave it. It may just correct yet.

Land, machinery, inputs are out of control....

[dmlfarmer]

If I want/need what they have and they set the price.....what choice do I have? Take it or leave it. Sadly those things never seem correct or adjust down much.

What I pay for land is my choice...take it or leave it. It may just correct yet.

Land, machinery, inputs are out of control....

Totally agree! But that is the economic system we have created and want. So by definition, it is not robbing someone if they have the choice to take it or leave it. It is not the supplier's fault in a market economy if someone can no longer afford their product even if it is because of supplier induced shortages or lack of competition. It is sad that success is no longer judged by what you produce or the uptake by consumers of your product but rather by your bank account. Now get to work and do your part by paying too much for that overpriced **** while overproducing minimum priced commodities because that is the only way to keep our economy afloat

[furrowtickler]

IC is simply modern day Ag loan sharking
It may work out well for a few but inevitably it will be a wreck for some as well .