Peas/Dead, Lentils/Dead, Durum/Dead Canola/Dead wait JT is working hard to get HRS

[farmaholic]

The Trudeau/Liberal "ATTITUDE" is probably the worst thing that could have happened to our International relations. Canadians aren't the only ones who hate him! Even with the "excess" grain in the world, had there been reciprocal respect between trading partners I doubt the fall-out would have been as severe.

Oh, and those farms that are too big to buy as a unit can be sold the same way they were built....piece by piece! But in some cases, since so much dirt will be on the market at the same time in a concentrated area....some off those pieces may not sell for the same price paid to buy them!

[jazz]

China bought so much Vancouver and Toronto property its sick.

The US wont stand for China buying up resources on its doorstep. They don't care too much about condos but if China starts owning Canada resources and setting up shop here, US will step in. Trump even put clauses in the new NAFTA to that effect. And maybe that's the best case scenario for us anyway. its probably coming one way or another.

I said this before, there is some underlying play going on in Canadian ag that I don't see. Either consolidation to create huge tracts for sale, or bets on food security either due to climate problems or break down in the world order. Canada would be a ripe place for this to happen because of our location and our weak leaders.

[SASKFARMER]

Big farms that have huge debt can go down. When the bank gets nervous shit goes sideways. Even if your accountant keeps telling you your in the top 5% of farmers. Rent and buy some more

[bucket]

The Trudeau/Liberal "ATTITUDE" is probably the worst thing that could have happened to our International relations. Canadians aren't the only ones who hate him! Even with the "excess" grain in the world, had there been reciprocal respect between trading partners I doubt the fall-out would have been as severe.

Oh, and those farms that are too big to buy as a unit can be sold the same way they were built....piece by piece! But in some cases, since so much dirt will be on the market at the same time in a concentrated area....some off those pieces may not sell for the same price paid to buy them!

It won't be the big boys going under .....they will force the 3500 to 5000 acre guys out first too make the big guys get bigger...look at RBA ....those farms selling with that type of machinery have to be 5000 acres...

A newer semi, a 66 foot bourgault, grain cart , 4 wheel drive at 450 hp, a couple MFWD and a couple newer combines....thats a 4000 acre farm selling....

[chuckChuck]

The US wont stand for China buying up resources on its doorstep. They don't care too much about condos but if China starts owning Canada resources and setting up shop here, US will step in. Trump even put clauses in the new NAFTA to that effect. And maybe that's the best case scenario for us anyway. its probably coming one way or another.

I said this before, there is some underlying play going on in Canadian ag that I don't see. Either consolidation to create huge tracts for sale, or bets on food security either due to climate problems or break down in the world order. Canada would be a ripe place for this to happen because of our location and our weak leaders.

In free market capitalism isn't capital supposed to flow without restrictions to find its highest efficiency?

[Hamloc]

From January 1 to now the price of canola has went from $11 to $9.80, hard red has went from $7.60 to $6.60, CPS wheat has went from $6.80 to $5.30. Yellow peas really haven't changed much. Certainly not a price trend that creates optimism. Justin Trudeau's flaccid performance on the trade file certainly isnt helping.

[SASKFARMER]

I wish some of you would study the art of farming big.

One blanket loan agreement everything is included plus personal guarantees.
So you appear to pay cash but it’s a huge line.

Two buy land each year paying just more than last year.

Three create s bunch of farms so insurance is one block one block. Give it every thing because your covered.


Lease or own equipment flopping each year because you can’t afford to fix.

Have a accounting firm who knows Ag stab and private and work yields and expenses between so one pays.

Get told your doing great 👍 top 5% in area. Morning pump you up so you rent and buy more. Your special and you should go bigger of go home.

Hire more men and keep the party going.

Finally all works till some bean counter in Toronto wakes up and says Houston we have a problem.

No one wants small independent farms. To tough to control.

Sheep are better.

[jazz]

In free market capitalism isn't capital supposed to flow without restrictions to find its highest efficiency?

Not when there is a hostile socialist communist govt backing it that doesn't allow reciprocal investment. Then you use your trade leverage to block like Trump is doing.

[SASKFARMER]

Peep peep peep hopefully the problem goes away nothing ever changes for farmers in Canada.

Sick actually.

Weak pathetic leaders

[Klause]

Canada will never have the major institutional Ag ventures.

Some have tried, and left before they got anywhere....


Why? Short seasons, constrained logistics, poor returns on investment.

Look at companies like Olam, AdecoAgro, see where they operate...

Pretty much anywhere but here. It speaks of the profitability / viability of agriculture in Canada, IMHO.

And no, I'm not advocating for mega farms run by shareholders in any way.

[hobbyfrmr]

It’s been a topic of conversation for a while. Some of the very large farms are simply way to big to be taken over in any other way.
The next ten years we could see a dramatic change on some of those massive farms .
You would know more than most hobby, there are some very large operators in your area .

Agreed there are very large operators around me. I know “of them” but truly know very little about them or their strategies. I could guess their age and be within 3 years but that’s about it.

[hobbyfrmr]

Big farms that have huge debt can go down. When the bank gets nervous shit goes sideways. Even if your accountant keeps telling you your in the top 5% of farmers. Rent and buy some more

I assume my neighbours are well heeled. They have grown excellent crops for a long time. I do not resent them, they have always treated me well as a person. They take a lot of risk and the reward that goes with it. As mentioned, one theory is, the large blocks of land may be unaffordable to common farmers, so international or corporate money will move in.