Advanced Payment Program

[Zephyr]

And you actually have the time to waste on AV?

Rarely which is another reason I post very little.

[LEP]

Rarely which is another reason I post very little.

I think we went to University at the same time. If you are who I think you are, you're the real deal.

What he says is true and he did what he says he did. 👍

[farmaholic]

Zephyr.

I think we can agree not all farmland is equal and the different areas that farmland is in isn't either.

There is no "one size fits all" in Ag.

It's how you manage what you have. And knowing knowing what it's capable of.

In my opinion the worst crop expense that doesn't account for the land's ability to produce a crop is canola seed. If the Ghetto can only grow 45-50 bu/ac and SF3's Garden of Eden or Caseih's Swamp can grow 55-60 bu/ac.....who is getting better value. Fert I can cut back on. Herbicide doesn't differentiate the land's ability either.

Not to be disrespectful either, but some people also have to rely on their farm to feed, clothe and put a roof over their family's head.

[furrowtickler]

Zephyr.

I think we can agree not all farmland is equal and the different areas that farmland is in isn't either.

There is no "one size fits all" in Ag.

It's how you manage what you have. And knowing knowing what it's capable of.

In my opinion the worst crop expense that doesn't account for the land's ability to produce a crop is canola seed. If the Ghetto can only grow 45-50 bu/ac and SF3's Garden of Eden or Caseih's Swamp can grow 55-60 bu/ac.....who is getting better value. Fert I can cut back on. Herbicide doesn't differentiate the land's ability either.

Not to be disrespectful either, but some people also have to rely on their farm to feed, clothe and put a roof over their family's head.

Very well said
Just curious Zephyr, could you maintain your current family living with only the farm and zero income from your businesses? Not dig , glad you’ve done well off farm , others on here have too but it’s a different perspective for most with zero off farm income .

[vvalk]

Or build a business from the ground up and have the discipline to grow it with cash.


It's a massive hindrance in Canada. Debt.

Every person business farm etc has so much debt, these entities have no freedom or power over their destinies.

Small businesses in Canada have so much debt, it doesn't add to productivity.


If taking new debt doesn't increase output and profitability it is bad debt.

Every dollar of debt you take on has to increase productivity by $1.50 or it isn't worth the risk.


There are some farmers and business people with low debt levels and cash reserves these will be making a killing going forward

5 year fixed is 2.3%. 10 year fixed is 3% or less and can be written off. Just curious why that needs to return 1.5 to 1?

[vvalk]

5 year fixed is 2.3%. 10 year fixed is 3% or less and can be written off. Just curious why that needs to return 1.5 to 1?

And when your competitions is will to leverage 4 to 1 how do you compete? If you don’t buy land or grow you have a very poor business as you know. You can scale your other business’ but very difficult to scale primary agricutlure. There is a reason 97% of farms are family farms because normal business practises don’t work. Every Corp who has tried has failed

[Zephyr]

5 year fixed is 2.3%. 10 year fixed is 3% or less and can be written off. Just curious why that needs to return 1.5 to 1?

That is the exact same comment in business circles

"Debt is cheap so why does it need a return!?!"

Answer: because shit happens and when you're highly leveraged you are f**Ed and relying on government programs.

Point in case: look at Canada's business environment right now.

Anyway I'm gone again for a few 😏

[LEP]

And when your competitions is will to leverage 4 to 1 how do you compete? If you don’t buy land or grow you have a very poor business as you know. You can scale your other business’ but very difficult to scale primary agricutlure. There is a reason 97% of farms are family farms because normal business practises don’t work. Every Corp who has tried has failed

Not everyone. My neighbour seeds 100,000 acres and does it better than most.

[AlbertaFarmer5]

Zephyr, I'm probably too late, if you said you will be gone for a while, but I would be curious as to how you accumulated the seed capital to start your enterprise to begin with. When personal income taxes are so prohibitively high, but you need a viable profitable business to justify getting into corporate tax rates, so that one can reinvest the profits and grow a business, how do you ever save up the capital to get started?
The way the system works, it helps the big get bigger, and almost locks anyone on the outside from ever getting a foot in the door, having to compete while paying multiple times more taxes on every dollar.

This has been a very big pet peeve of mine, from the first time I paid any taxes.

[vvalk]

Not everyone. My neighbour seeds 100,000 acres and does it better than most.

When I say Corp I don’t mean a family Corp I’m talking about public company or multiple investors/BOD type structure