Back to the Old Days?

[Sheepwheat]

Hope we don't lose to many young producers if we get a sustained period of "tough times".

As long as the dads keep stroking the cheques all will be fine.
Don’t forget these young fers will need a new jacked up truck by year end and a new 18k sled in the back.

Hate to say it, but I know of zero young guys doing it on their own dime.

[hobbyfrmr]

Hope we don't lose to many young producers if we get a sustained period of "tough times".

As long as the dads keep stroking the cheques all will be fine.
Don’t forget these young fers will need a new jacked up truck by year end and a new 18k sled in the back.

Keep in mind a lot of younger farmers did well in the high priced years. Some guys have only ever had to manage profit. We are making our best effort for profit, I am sure some neighbours have done well and will survive to farm another year. Plus they will negotiate write downs with lenders. FCC cannot afford to shut everybody down, that would be disastrous. It will be as quiet as possible so land values do not tailspin, major lenders will be able to report only a “slow down” or “moderate” decline as expected with a drought. If my most productive neighbours throw in the towel, there is big trouble. They have been keeping our land rents and purchase prices strong. The last thing we need in this situation is a devaluation in the only real equity we have.

[bucket]

Keep in mind a lot of younger farmers did well in the high priced years. Some guys have only ever had to manage profit. We are making our best effort for profit, I am sure some neighbours have done well and will survive to farm another year. Plus they will negotiate write downs with lenders. FCC cannot afford to shut everybody down, that would be disastrous. It will be as quiet as possible so land values do not tailspin, major lenders will be able to report only a “slow down” or “moderate” decline as expected with a drought. If my most productive neighbours throw in the towel, there is big trouble. They have been keeping our land rents and purchase prices strong. The last thing we need in this situation is a devaluation in the only real equity we have.

FCC is only going to push out the guys with equity.....some of the new BTOs have zero equity...and they are going to be left alone and they will let them ride.....

Equity sold is cash to make FCC look good. .....

We are heading to a world of tractor,sprayer and combine jockeys.....

[foragefarmer]

Sheep

"Hate to say it, but I know of zero young guys doing it on their own dime."

This seems to annoy you to no end, and bring it up on every given opportunity.

If parents are willing to help their children become a success in farming or anything in life, good on them.

I for one wish there were more parents in this county doing what they are suppose to do as parents.

Why do you take such issue with this?

[hobbyfrmr]

FCC is only going to push out the guys with equity.....some of the new BTOs have zero equity...and they are going to be left alone and they will let them ride.....

Equity sold is cash to make FCC look good. .....

We are heading to a world of tractor,sprayer and combine jockeys.....

I watch that everyday. I dont object to it. The “boys” are making good salaries for the area, they seem content and describe how they provide value to the entity. They just have to keep the land prices at the tip tip tippity top.

[bucket]

I watch that everyday. I dont object to it. The “boys” are making good salaries for the area, they seem content and describe how they provide value to the entity. They just have to keep the land prices at the tip tip tippity top.

Until the BTO can't make payroll.....

[Sheepwheat]

Sheep

"Hate to say it, but I know of zero young guys doing it on their own dime."

This seems to annoy you to no end, and bring it up on every given opportunity.

If parents are willing to help their children become a success in farming or anything in life, good on them.

I for one wish there were more parents in this county doing what they are suppose to do as parents.

Why do you take such issue with this?

I have zero issue with it at all. I’m sure if my dad had been here he would have backed me to the hilt, as I will if one of my kids farms. I am just explaining that most young guys have not done it on their own dime. Not a big deal at all.

I do believe it does lull kids into a false sense of security at times. At some point they gotta leave the titty. Do you see what I mean? Kids shouldn’t be on the titty yet at age 40, should they?

Just thinking. I will admit a small part of me does resent that I never had the chance to farm with my dad, with his blessing, his wisdom, and his backing. I think that is only natural. My attitude has been getting better over time. I am thankful for that, as it is not good to be hyper resentful... to that end, I fully admit I have been in a bad way in the past. Glad people can change and so on. Acceptance can take time.

Will be 30 years this Thursday my dad died, I miss him, and wonder what could have been??? I often daydream that he could visit the farm, give me some encouragement, tips, ideas, and just so he could see how crazy things have gotten! Lol

[walterm]

Sheep

"Hate to say it, but I know of zero young guys doing it on their own dime."

This seems to annoy you to no end, and bring it up on every given opportunity.

If parents are willing to help their children become a success in farming or anything in life, good on them.

I for one wish there were more parents in this county doing what they are suppose to do as parents.

Why do you take such issue with this?

Do people not think that parents/family help their kids start new businesses or buy homes in cities and towns? Lots of borrowed money or cosigned loans by parents to get kids started.

[jazz]

Do people not think that parents/family help their kids start new businesses or buy homes in cities and towns? Lots of borrowed money or cosigned loans by parents to get kids started.

Giving your kid a $20k downpayment on house and $50k in education is a drop in the bucket compared to backing them farming. Kids aren't starting businesses in the city. They are trying to land govt jobs. Nobody in their right mind would start a business in Canada. The deck is stacked against entrepreneurs, unless you are a female pot shop owner.

Some people would say getting your kid into farming is child abuse. I farm with my dad but there was no way I would ask him to risk his farm and equity to back me. Did it with a job first.

[bucket]

unless you are a female pot shop owner

Correction :


Unless you are a female indigenous lbqgt immigrant ....pot shop owner....

Get it right FFS....lol...

[blackpowder]

Here, 02 was likely a once in a career event. Took insurance and sprayed most everything out. One field of good dirt ran 21 wheat. Solonetzic 2 bu.
0 expenses after June 15. Baled the whole country then sold cows and feed.
88 we were still small enough we fell behind a small amount lol. Still combined something. Land $500 not $5000. But ya, all grain farmers under 600 acres were out by that spring.

[AlbertaFarmer5]

Sheep

"Hate to say it, but I know of zero young guys doing it on their own dime."

This seems to annoy you to no end, and bring it up on every given opportunity.

If parents are willing to help their children become a success in farming or anything in life, good on them.

I for one wish there were more parents in this county doing what they are suppose to do as parents.

Why do you take such issue with this?

Off topic. I take issue with it, not so much from a personal perspective but from a broader societal perspective. My reason being, that I am not convinced that heredity will always ensure that the best and brightest, most innovative, most ambitious or most motivated will get the opportunity to prove what they can do if Mom and Dad pass everything on to the next generation. Look no further than the royal families of the world throughout history.

Put another way, if your parents are good business managers, well connected, hard working, and you have grown up learning these traits, you are already head and shoulders above most of your peers, and will have opportunities most could only dream of, even without a dime of financial help.