My farmland

[pourfarmer]

My mistake, it actually airs tomorrow the 15th.

Says 9pm, I assume they mean eastern time because the world revolves around that time zone.

[15444]

Well watched it. Don't feel sorry for the winery owners. They were dumb enough to think that money would flow like, well, wine. No clue about continual costs. Arrogance at its finest. Fire the long-term manager - yep, real smart.

Felt kind of bad for the SK Chinese couple, but not really. Old man has happy fuzzy dreams from a kid and 20 years too late. Wife does not want to be there. Kids aren't much different than Canuckistan kids - gonna show the world what I can do with Dad's money.

Don't feel sorry for the Ogema white farm boy. Married himself a horsie girl and you can tell where her priorities lie. Sell land, sell equipment, go get an off-farm job, as long as I can keep my horses happy. He sold family land, which I would think is unforgivable. I see Ritchie Bros. in his future, and a divorce. If he had stayed single with no kids, I think he had the ambition to be very successful.

[farmaholic]

Lots to say.
The Chinese guy in Ogema shows up for opportunity, the same as my ancestors did over 130 years ago. Obviously he "apparently" doesn't have access to an endless supply of capital, ends up selling equipment, share cropping out land. I think it is a tougher farming area. Sounds like the wife/mother doesn't like the isolation of sparsely populated rural Sask. Would rather have her kids first class educated professionals than second class farmers....the status of each in China.

The generational farm struggles as well. I question the choice to liquidate land he bought in order to cash flow the farm. Would he be any further behind farming what he owns with modest equipment. He might find himself spinning his wheels "working", paying rent and taking all the risk for the "Industry" and landlords.

Ogema was "Assiniboia" Land Co birth place(burgeoning Sask land rush) , wasn't it? Maybe the Input Capital crew can finance these struggling enterprises! .....Full circle. Land prices escalating beyond it's ability to support itself!!!!!!! Frenzy! Has the pendulum swung too far?

Farming can be ruthless, harsh and heartless....it takes no hostages. It should be classified as a disease or a mental health condition. Farmaholicism.

The winery isn't in my wheelhouse, but "whinery" is....both can be intoxicating, lol.

Maybe both Chinese families needed to invest in what they knew. Farming is a tough high risk gig, not for the faint of heart or anyone who knows better!

[iceman]

Don't feel sorry for the Ogema white farm boy. Married himself a horsie girl and you can tell where her priorities lie. Sell land, sell equipment, go get an off-farm job, as long as I can keep my horses happy. He sold family land, which I would think is unforgivable. I see Ritchie Bros. in his future, and a divorce. If he had stayed single with no kids, I think he had the ambition to be very successful.

The ship sailed for that guy when his dad sold out. Not saying the son deserved to have it handed to him but how can one complain about competing and the local community dying when your own father sold out to them?

But here’s a question for you guys.

Why is it these guys who seem to get over extended always have fairly new machinery?

[bucket]

The ship sailed for that guy when his dad sold out. Not saying the son deserved to have it handed to him but how can one complain about competing and the local community dying when your own father sold out to them?

But here’s a question for you guys.

Why is it these guys who seem to get over extended always have fairly new machinery?

Why does the guy that rents as much as he can, think he is any different than the outside investor?

Either way the community gets smaller....

[sk_wheatking]

I give the guys from China farming in sask alot of credit. They seem like good people. The winery crew is a joke. The other sask farmer seems like he wants to be a bto and cant do it. Wants it real cheap. The Chinese guy and his family just go about their work. I'd have them for neighbors. And yes her horse hobby isn't cheap and the farm pays for that, wow get with it woman. Let's sell land to keep horses.

[newguy]

Farming is and will always be a tough life to try and raise a family the same time growing your farm.But today does not even come close to how bad the 80s and 90s were.It was 100% survival mode.most my age left and got good jobs in the city.Bought a quarter of land from a cousin that needed a down payment to buy a house.Banker told me it does not pencil out if I got it free.Bought it anyway and still have it.Think I bought 3 houses and down payment on another while settling with an older one along the way.looking back at all the land I wish I bought around me but reality was I could not afford it when it came for sale.Was just trying to pay and keep what I had.Can not turn the clock back.Just grateful I have land to sell at a decent price for my retirement.

[phoenix64]

I would argue that for some this new cycle in grain production is getting much more difficult than the eighties, wheat adjusted for inflation in 1985 was 15/bu, land financing then even with 15% rates were 98/ac on a 20 yr term vs 160/ac now and govt programs were much more liberal with the cash.

[newguy]

I would argue that for some this new cycle in grain production is getting much more difficult than the eighties, wheat adjusted for inflation in 1985 was 15/bu, land financing then even with 15% rates were 98/ac on a 20 yr term vs 160/ac now and govt programs were much more liberal with the cash.

Cash flow was the tough one back then.drought grasshoppers and CWB marketing.

[bucket]

Cash flow was the tough one back then.drought grasshoppers and CWB marketing.

maybe so.....but a combine didn't cost well past $500000.00.

It might have been tough but your are not talking the same amounts of money and grain hasn't appreciated the same way.

****ing spell check on this phone...