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    #16
    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.

    Comment


      #17
      Originally posted by SASKFARMER View Post
      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.

      Comment


        #18
        Follow the money shit goes south, bit of irony there wouldnt you think LOL

        Comment


          #19
          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?

          Comment


            #20
            For **** sakes they gave Nature Conservancy of Canada 100 million the other day....that definitely isn't repayable...

            Comment


              #21
              Originally posted by wiseguy
              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....

              Comment


                #22
                Originally posted by hobbyfrmr View Post
                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?

                Comment


                  #23
                  How does boosting advances to 1 million dollars help the average farmer??????

                  Comment


                    #24
                    Million dollar interest free cash advance?

                    The Liberal government has become Input Capital 2.0.

                    Comment


                      #25
                      Originally posted by bucket View Post
                      How does boosting advances to 1 million dollars help the average farmer??????
                      It isn't about the producer. If they wouldn't have ****ed with this, i could see a bottoming happening within a year. Now, without a major drought, 3 years maybe, and another buck and a half down into the sub 400 range. Would be a great time to ramp up ethanol and biodiesel production with all the new found carbon tax but that's a 3-5 yr timeframe. This is gonna suck.

                      Comment


                        #26
                        When does it have to be repaid?
                        When canola hits $14.00?

                        Comment


                          #27
                          Originally posted by oldjim View Post
                          Million dollar interest free cash advance?

                          The Liberal government has become Input Capital 2.0.
                          Its not interest free....if you have canola the first 500000 is interest free....for the rest of us indirectly affected its still at 100000....from what I have read.


                          The million should be interest free....along with an accelerated CCA on bins and zero recapture on bins ....

                          Comment


                            #28
                            Originally posted by bucket View Post
                            The million should be interest free....along with an accelerated CCA on bins and zero recapture on bins ....
                            That would require someone standing on the podium who actually understands western ag. "Understanding" anything cuts Minister BoBo out of the picture. I thought it was telling that they left most of the talking to Jim Carr. Even the idiot Lieberals must understand that BoBo is just keeping the Cabiinet chair warm until after the election.

                            Comment


                              #29
                              Originally posted by Sheepwheat View Post

                              I do not feel bad for anyone who can’t deal with 9 dollar canola and 5 dollar wheat.

                              I am asking for a friend: since when are farmers guaranteed a life of luxury? Since when are commodity prices set in stone, and 9 dollar canola the end of the world? Since when do we not take responsibility for our own insane choices?

                              Crybabies! Whiners! Pathetic is what this is.
                              Tell your friend farmers just want their fair share of the pie. They are tired of getting the crumbs.....

                              Comment


                                #30
                                Originally posted by bucket View Post
                                Its not interest free....if you have canola the first 500000 is interest free....for the rest of us indirectly affected its still at 100000....from what I have read.


                                The million should be interest free....along with an accelerated CCA on bins and zero recapture on bins ....
                                If that's what they did on canola only, they just killed it. "The causation of the next crisis is the solution to the last"

                                Comment

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