Originally posted by sumdumguy
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The problem with support programs is that instead of farmers using them to prop up gross revenue, they sometimes use the funds for a downpayment on more dirt. Then the govt becomes an accomplice in the price of land rising.
what CAIS found out if there was an operation actively trying to avoid taxes that yr, prebuying, depreciation, deferments, it made them look like they were under margin so they got a big payout for nothing and proceeded to buy out the guys who were shaky.
That's part of the reason the govt now shies away from adhoc pmts.Last edited by jazz; Jun 16, 2019, 10:58.
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Something right at the end of harvest it’s calculated it’s done move on. This bulls hit of adjusting as everything moves is retarted.
And then there are the crooks manipulating the books fudging expenses.
Fix up crop insurance get rid of 10 year yields or pick your top 5 for guarantee the idea is to see what your capeable of growing but it’s turned into something punishing you for years like this one with drought for 10 years your punished for the year of drought stays in your average.
Also on drought or flood years don’t make someone harvest a 10 bushel crop write off at zero conserve moisture keep the field clean move on.
There will be no program until you have support politically. The sask party and the ndp do not want to support farmers pure and simple. We re here to subsidize the oil industry. If we do get some program watch the pst go to 10 percent.
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10 year yields on crop insurance is stupid when your support payments are based on 3 of 5 Olympic average....
It's simple ...either you suppport agriculture or you don't. ...but then I don't think my taxes should go to public high speed trains in large cities if that's where we are going.....
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The Agrstability program as it exists now is not bankable and is unlikely to pay out unless you are in in dire straits. If they could bring back the original program back before Ritz and Harper gutted it I would enroll. Right now with SCiC at 80% there is no chance of collecting unless grain prices drop drastically. We need a program that covers us for drop in grain prices, commodity specific. Would like it to be based olympic based on 5 or 10 years. A note on SCIC insurance, long time yields are not based on 10 years, I’ve been farming for 40 years and my averages are based since I started farming. Half the adjusters that work for SCIC are not aware that averages are not based on 10 years.Last edited by Sodbuster; Jun 16, 2019, 12:13.
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Originally posted by Sodbuster View PostThe Agrstability program as it exists now is not bankable and is unlikely to pay out unless you are in in dire straits. If they could bring back the original program back before Ritz and Harper gutted it I would enroll. Right now with SCiC at 80% there is no chance of collecting unless grain prices drop drastically. We need a program that covers us for drop in grain prices, commodity specific. Would like it to be based olympic based on 5 or 10 years. A note on SCIC insurance, long time yields are not based on 10 years, I’ve been farming for 40 years and my averages are based since I started farming. Half the adjusters that work for SCIC are not aware that averages are not based on 10 years.
Would you have to be Knopfler or would being any of the backline work?
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Originally posted by Sodbuster View PostThe Agrstability program as it exists now is not bankable and is unlikely to pay out unless you are in in dire straits. If they could bring back the original program back before Ritz and Harper gutted it I would enroll. Right now with SCiC at 80% there is no chance of collecting unless grain prices drop drastically. We need a program that covers us for drop in grain prices, commodity specific. Would like it to be based olympic based on 5 or 10 years. A note on SCIC insurance, long time yields are not based on 10 years, I’ve been farming for 40 years and my averages are based since I started farming. Half the adjusters that work for SCIC are not aware that averages are not based on 10 years.
Every quarter of land should have a gross revenue value...if it isn't hit due to weather or trade irritants....you should get help...
It's very annoying for scic to know you fertilized but it doesn't matter for coverage....and one scic manager told me if I ended up in claim where my neighbors were not they would consider my fertilizer program ....who would float fertilizer with no rain coming?
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What ever it is has to be done in the fall not next year. Otherwise all interest charges have to be zero on everything ag until the program is calculated. The problem with the old program cais was high interest ate up any program payments they made. So really all they were insuring was the input and equipment and mortgage companies. Would never happen because could you imagine the crying from companies? They’d have to actually share some risk.
Beef up crap insurance. Pay in fall
Have a price guarantee for disaster drop in price pays you dec 31 on your guarantee no matter what you grow if market drops beyond a certain percentage from spring crop insurance guarantee. All done move on to net year.
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Bucket, if I can remember correctly, there was a small sign-up premium, can’t remember exactly how much but I could dig and find out. Grain farners were getting good value for their premium back then. And the program did respond when the bottom fell out of grain and cattle prices which is what it was set up to do. Gotta say, I wish those same programs were back. ðŸ‘
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Originally posted by sumdumguy View PostBucket, if I can remember correctly, there was a small sign-up premium, can’t remember exactly how much but I could dig and find out. Grain farners were getting good value for their premium back then. And the program did respond when the bottom fell out of grain and cattle prices which is what it was set up to do. Gotta say, I wish those same programs were back. ðŸ‘
And the new group are no better.....
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Trouble I see with a guaranteed gross revenue idea is that the leeches that drain us know what the market will bear. We are kidding ourselves I we think they won’t stick their suckers deeper, and suck harder knowing we have a guaranteed gross.
This includes greedy landlords. There are guys areound who wanted a cut of the too wet to seed dollars, expected it, and in some cases got it. I know some guys lost land over this issue. Landlord wanted their cut, tenant said no, I don’t think so, and got kicked out.
Want to see chemical price increases? Get a gross revenue plan.
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