Wow Ag More than Ever.

[Hopalong]

Have to agree with Sheepwheat.
After a number of profitable years grain farming, we are overdue for correction.
Better to keep our own operations in order than call on others to cut back.
See same response among some U.S. farmers to declining profitability.
Calls for others to reduce production.

[Partners]

Growing more will only amplify problem.
Are we like the auto sector and worked ourselves out of a job?
Nobody wants or needs our grain..
Maybe this cold shit weather..drought..is a blessing in descise.

[hobbyfrmr]

Oh but their accountants tell them they are in the top 5% in the area now instead of 1%.

When your farm is 30000 acres and all you own with a massive mortgage on 3000 acres and have men machinery and all the toys. Someone show me how this model works. Must be the new math because this guy sees red for the year.

So is it Ag stab and Private insurance whoever gets huge checks from these two programs explain.

Just asking for a friend because all I know I would make more money seeding nothing this year and just fly to Florida Friday and come back to spray one app if May June and July.

Actually, it sounds better each day to just head home and forget about farming this year.

I have about 5 large farms around me and they can show you. 10-15 years very good crops, graduated to better equipment and hire a majority of good people. They are organized and productive. They bought land at market value which has increased in value at least 2.5x. If they decide to “stop” farming they will be multi millionaires in farmland and more than likely enough cash to get through a couple of decades if they are careful spending.
Not every large farmer is going to implode.

[SASKFARMER]

Yea really any one who expanded the last 5 years is close to broke if land drops 10% and prices drop to the levels I posted.

No it’s not about making farmers millionaires it’s about a useless federal gov that caused this shit show and most of the others we have to deal with.

If it was normal trade with us not screwing up I wouldn’t care but this is all the liberals fault and Trudeau.

Yea grass I came home in spring and thought it would be solved and basis was good for fall with the price. But as it evolved I see a big problem. So yea I’ll build bins and store as long as I can but eventually you have to sell. Bags won’t work. Another problem is they are going to travel all over the place to get sales for our product. Ah these countries are bidding in the $8.00 area. Ah productive at these expenses.

Reality is it’s a loan that will get some in bigger problems. I can’t stop laughing at the comment that 15 years of good crops and going from 3000 to 15000 with massive debt is going to make it and guys with no debt and equity up the ass won’t.

Oh hutts will rule the province is another laugh.

Follow the money the investors get nervous shit goes south.

Ah history repeats and some don’t get it.

[Bowerpower]

Yea really any one who expanded the last 5 years is close to broke if land drops 10% and prices drop to the levels I posted.

No it’s not about making farmers millionaires it’s about a useless federal gov that caused this shit show and most of the others we have to deal with.

If it was normal trade with us not screwing up I wouldn’t care but this is all the liberals fault and Trudeau.

Yea grass I came home in spring and thought it would be solved and basis was good for fall with the price. But as it evolved I see a big problem. So yea I’ll build bins and store as long as I can but eventually you have to sell. Bags won’t work. Another problem is they are going to travel all over the place to get sales for our product. Ah these countries are bidding in the $8.00 area. Ah productive at these expenses.

Reality is it’s a loan that will get some in bigger problems. I can’t stop laughing at the comment that 15 years of good crops and going from 3000 to 15000 with massive debt is going to make it and guys with no debt and equity up the ass won’t.

Oh hutts will rule the province is another laugh.

Follow the money the investors get nervous shit goes south.

Ah history repeats and some don’t get it.

So let history repeats itself.... shit goes south, the guys that over extended themselves are done. Land prices go down and voila young guys have a chance to enter the industry and get going and other established farms have a chance to expand for the next generation All things are cyclical. It’s all about timing I guess.

[Horse]

Follow the money shit goes south, bit of irony there wouldnt you think LOL

[bucket]

Is the money the steel companies got repayable?

Is the money the Westons got repayable?

A lot of billions to the auto sector and bombardier were written off and the jobs still left....and maybe no one noticed the price of vehicles lately...


Why are we expected to take on debt to be repaid at a lower price?

Will the money to Richardson and viterra be repayable?

[bucket]

For **** sakes they gave Nature Conservancy of Canada 100 million the other day....that definitely isn't repayable...

[bucket]

free wheat trudeus policies and the grain cos lowered the price of canola not Farmers !

Every day listening to market reports they mention soybeans to the price of canola.... SO....Trump has also affected the price of canola...I shit you not....AND Trump has supported the farmers and has said he will do more....

[jazz]

Not every large farmer is going to implode.

Maybe that's true, but for every guy like that, there are more that bought land at top value, leased a bunch of shiny iron and paid $120 in rent to rip it out of the neighbors hands. FCC publishes farm debt numbers. Does that sound like the majority are conservative operators?

[bucket]

How does boosting advances to 1 million dollars help the average farmer??????

[oldjim]

Million dollar interest free cash advance?

The Liberal government has become Input Capital 2.0.