RBA saskatoon

[wd9]

Does anyone run the math with crop prices worse than ever in relation to costs...

If you don't want to lose a bunch ...spray it twice and take the year off...

Maybe go back to farming like it used to be. Not being suckered for every input imaginable. You're certainly going to go broke spraying twice.

And BTW, crop prices haven't fallen and normal inputs have actually dropped. Way more generics today then 5 years ago.

[bucket]

Maybe go back to farming like it used to be. Not being suckered for every input imaginable. You're certainly going to go broke spraying twice.

And BTW, crop prices haven't fallen.

Do you know that grain prices in the 70s are the same as today....but at 6 bucks then is the same as 18 today...

Maybe grain prices haven't fallen but then tell someone to work for 70s wages...

**** I hate it when people can't do math....

Just Google dollars from 1976 to today and get your hamster wheel working....

[wd9]

Do you know that grain prices in the 70s are the same as today....but at 6 bucks then is the same as 18 today...

Maybe grain prices haven't fallen but then tell someone to work for 70s wages...

**** I hate it when people can't do math....

Just Google dollars from 1976 to today and get your hamster wheel working....

Farming has never been better. The grossly over capitalized lines of shiny way over-capacity required equipment on most farms make your arguments irrelevant.

[pourfarmer]

Farming has never been better. The grossly over capitalized lines of shiny way over-capacity required equipment on most farms make your arguments irrelevant.

Maybe for those who plod along on their families "paid for" land base.

IMO, it is not equipment that is over capitalizing farmers, its land.

[bucket]

Farming has never been better. The grossly over capitalized lines of shiny way over-capacity required equipment on most farms make your arguments irrelevant.

You are the guy that accepts the grain prices today, I hate to see what happens if you experience a bad crop or decide to buy any kind of equipment used or otherwise....or even fix it for that matter...parts, labour service....

My MFWD tractors are nearing 15 years old ....just a simple dash replacement couldn't be fixed ...part was 3500 bucks....Joystick they made the effort on was going to be 2500 ....shit that should last longer than the tractor...neither has 4500hours...

We, as producers, are not keeping pace....its bad for the economy when a country's agricultural base is left to rot....

[Guest]

Maybe go back to farming like it used to be. Not being suckered for every input imaginable. You're certainly going to go broke spraying twice.

And BTW, crop prices haven't fallen and normal inputs have actually dropped. Way more generics today then 5 years ago.

Not sure where you farm but ,
Canola is down here $1 bu since trudeaus intervention
Wheat is down $.80/bu since friday
Peas are down $.50 since trudeaus intervention
Yea , no , its all good ?

[SASKFARMER3]

W9 is So full of shit.

Canola is down over a dollar since my high.

Peas are down.

Feed barley down

Wheat down.

I guess if you smoke dope like Trudeau life us but a dream.

Reality sucks.

From a my refinancing side shinny doesn’t mean they are doing good . Usually that guy is so leveraged it’s not funny.

Also next time you guys go to your banker ask what they have as real security. It’s everything down to your youngest kid if you have a blanket loan agreement or opp line. And they love companies.

[samhill]

Well,https://www.macrotrends.net/2534/wheat-prices-historical-chart-data, in US dollars

Farmings always been up and down, started in ‘68, wiped out in ‘81, back in about 2014 for a bit.

Was like that before me, and can happen again.

[helmach]

Maybe go back to farming like it used to be. Not being suckered for every input imaginable. You're certainly going to go broke spraying twice.

And BTW, crop prices haven't fallen and normal inputs have actually dropped. Way more generics today then 5 years ago.

umm let me know where you are shopping for inputs. By my budget and price shopping every input to grow a crop is up and not by a little. but hey peasants dont mind working for free right

[fjlip]

Been this way for my 50 years active farming, in the long term all is good, but lots of disaster years in there too. Just plodding along....never been better, but WHEN to pull the pin?

[the big wheel]

umm let me know where you are shopping for inputs. By my budget and price shopping every input to grow a crop is up and not by a little. but hey peasants dont mind working for free right

That’s for sure. And as far as generics haven’t had a very good success rate with them as far as working. Not sure if they skimp on the additives or what but seems to be conditions have to be perfect or they just don’t do the job the over priced ones do and that’s not saying they work great all the time either but at least you have an argument. With Generics deal is over once your off the lot.

[wd9]

Bucket, when did farming become fixed income or like welfare? I'm pretty sure its still a business. Maybe not in the minds of many today, but that has a way of sorting itself out.

[hobbyfrmr]

Maybe for those who plod along on their families "paid for" land base.

IMO, it is not equipment that is over capitalizing farmers, its land.

Land purchase was once described to me as an income tax tool. You pay mortgage interest or you pay income tax.
I have not followed this advice, possibly to my detriment. Time will tell.

[farmaholic]

Land purchase was once described to me as an income tax tool. You pay mortgage interest or you pay income tax.
I have not followed this advice, possibly to my detriment. Time will tell.

Hobby...you can earn alot of net incorporated income before you have to pay in the next tier. So for many people "buying or paying" for tax write offs doesn't make sense when you will be saving less than 15 cents of every dollar you spend on a tax write off.

Buy it because you need it, not to avoid a modest tax bill.

Probably can't grow a business(land) faster than with tax paid incorporated dollars....but you will pay the piper later if you sell it. Nothing is free.

Edit in; it all has to be "managed".

[bucket]

If the government was better with taxpayers money it wouldn't bother me to pay taxes.....

But to listen to this group talk about climate change while jetsetting. ....is annoying. ...