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Friday Crop Report on a Thursday!

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    #71
    Originally posted by chuckChuck View Post
    So taxes are your biggest worry on the farm? That's a laugh in a year when many farms will see their drought reduced gross income decline by 50% and wont even be able to cover their expenses. How much tax do you pay on zero net income or a loss?

    Many of the medium to large crop farms are on average doing very well and are some of the best off people in our communities with significant assets to pass on to the next generation. Sure if they make some money they are going to pay some tax. But the small business tax rate is very attractive. In Saskatchewan you currently pay 0% provincially and 9% federally up to $600,000 in net income.

    That is a pretty generous tax break to encourage small businesses to reinvest and grow. Not all farms are prospering, but many are and are doing nicely and will have a tidy sum well beyond the average worker to retire on, with some of the growth coming because of the low small business tax rates.

    Income tax is not the only tax farms pay. We pay gst,pst, carbon tax on almost everything we buy and use and then there is land tax that we pay even if there is no income from the land. Farms will be paying lots even if we have no income!

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      #72
      Originally posted by seldomseen View Post
      We went on a bit of a road trip also this weekend.
      Starting north of Tisdale through Saskatoon and then west as far as Meota. Then angled south west all the way to Calgary.
      Small pockets of the best canola looked like it might make 30 and that was around Meota and southwest of Battleford towards Unity. Huge areas with canola that is blasted in both Saskatchewan and Alberta might range from 0-15 with some of the worst in the Saskatoon area. No pastures looked decent and really no green grass anywhere.

      One thing that did stand out on this trip is how clean and neat all the fields looked. I hardly saw any wild oats or thistle in any fields anywhere. A little kochia around Saskatoon in the worst drought areas.
      Fertility looked really good in all areas also. The crop is short from lack of rain but nothing looked deficient from lack of fertilizer.
      From what I saw farmers did an excellent job on a very difficult year.
      I went Hwy 13 to Hardisty then south to Coronation, to Castor and back up 36 to Hwy 13.

      Average looks like 40% of normal yields my guess. Preharvest on wheat has started. One pea field done… most 1’ or shorter.

      Nasty hail through Alliance with 100% fields that smelled like fresh cut hay.

      80% of crops not up to knees.
      Cheers
      Last edited by TOM4CWB; Jul 24, 2021, 14:05.

      Comment


        #73
        Originally posted by TOM4CWB View Post
        I went Hwy 13 to Hardisty then south to Coronation, to Castor and back up 36 to Hwy 13.

        Average looks like 40% of normal yields my guess. Preharvest on wheat has started. One pea field done… most 1’ or shorter.

        Nasty hail through Alliance with 100% fields that smelled like fresh cut hay.

        80% of crops not up to knees.
        Cheers
        God Bless Alberta and their highways!
        Saskatchewan needs to improve our goat trails we call roads! To many years wasted with non productive socialist government bureaucracy’s.

        Comment


          #74
          Originally posted by seldomseen View Post
          God Bless Alberta and their highways!
          Saskatchewan needs to improve our goat trails we call roads! To many years wasted with non productive socialist government bureaucracy’s.
          Well just to be clear we still have a socialistic government in Saskatchewan.

          They are investing in stuff that will not make a economic return for the province...ever.

          If it was a profitable project why can't people pay for it themselves, pay taxes and improve infrastructure.

          Nope instead after 30 years of 100000 acres of government funded irrigation they are still subsidized 40 bucks an acre.

          And the worst part is the cattleman's associations support it while getting zero benefit...and they are hurting bad and can't get at least the equivalent support.

          Pretty stupid hey.

          Comment


            #75
            Originally posted by seldomseen View Post
            We went on a bit of a road trip also this weekend.
            Starting north of Tisdale through Saskatoon and then west as far as Meota. Then angled south west all the way to Calgary.
            Small pockets of the best canola looked like it might make 30 and that was around Meota and southwest of Battleford towards Unity. Huge areas with canola that is blasted in both Saskatchewan and Alberta might range from 0-15 with some of the worst in the Saskatoon area. No pastures looked decent and really no green grass anywhere.

            One thing that did stand out on this trip is how clean and neat all the fields looked. I hardly saw any wild oats or thistle in any fields anywhere. A little kochia around Saskatoon in the worst drought areas.
            Fertility looked really good in all areas also. The crop is short from lack of rain but nothing looked deficient from lack of fertilizer.
            From what I saw farmers did an excellent job on a very difficult year.
            Very very accurate 👍

            Comment


              #76
              Originally posted by seldomseen View Post
              We went on a bit of a road trip also this weekend.
              Starting north of Tisdale through Saskatoon and then west as far as Meota. Then angled south west all the way to Calgary.
              Small pockets of the best canola looked like it might make 30 and that was around Meota and southwest of Battleford towards Unity. Huge areas with canola that is blasted in both Saskatchewan and Alberta might range from 0-15 with some of the worst in the Saskatoon area. No pastures looked decent and really no green grass anywhere.

              One thing that did stand out on this trip is how clean and neat all the fields looked. I hardly saw any wild oats or thistle in any fields anywhere. A little kochia around Saskatoon in the worst drought areas.
              Fertility looked really good in all areas also. The crop is short from lack of rain but nothing looked deficient from lack of fertilizer.
              From what I saw farmers did an excellent job on a very difficult year.
              What do you think of the Alfalfa/leafcutters for this year?
              Alfalfa fields look blue and rumored $70 gal for bees.
              Bees like the heat?

              Comment


                #77
                Originally posted by shtferbrains View Post
                What do you think of the Alfalfa/leafcutters for this year?
                Alfalfa fields look blue and rumored $70 gal for bees.
                Bees like the heat?
                Would it not be better to make hay than go for seed production on a year like this?

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                  #78
                  Seed alfalfa can be a windfall if everything lines up and the bugs don't steal it.

                  Comment


                    #79
                    Originally posted by shtferbrains View Post
                    What do you think of the Alfalfa/leafcutters for this year?
                    Alfalfa fields look blue and rumored $70 gal for bees.
                    Bees like the heat?
                    Everything looked really good this year for a big seed crop but plant bugs and lygus bugs are taking the shine off. Some fields I have sprayed 3 times and the bugs are still going strong!

                    Comment


                      #80
                      Originally posted by furrowtickler View Post
                      Very very accurate 👍
                      What is so striking Furrowtickler is;

                      Ag Canada must have, or should have known that their estimated Canola production # of 19mmt …

                      When was (what date) was this Canola yield supposed to have been calculated?

                      Cheers

                      Comment

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