American ranchers buying up Canadian hay /government support?

[Old Cowzilla]

Only place cows are going when they leave a farm now is the deboning line. Don't imagine the price of hamburger will drop thou.

[burnt]

Historically....if you look at some of your neighbours and every community has them ...bankruptcy is just good business practice..

Bid big and then go bankrupt and keep the land at a discount..


FCC will be working with the second generation of these shysters .

Bingo.

Like the big guy in our area who bragged about buying farms on his operating loan.

Then went broke.

A year or 2 later, he was back in full swing under a new name and never even had to move out of his big house.

What makes it even worse is that because of his size, he gets preferred pricing from all the same suppliers that he screwed over the first (or was it the 2nd) time.

While the rest of us who pay our bills gotta cover his cost of bankruptcy.

One neighbor said it this way: "Someday they're gonna find him dead in one of his manure pits. They won't know if he jumped or got pushed..."

[the big wheel]

Historically....if you look at some of your neighbours and every community has them ...bankruptcy is just good business practice..

Bid big and then go bankrupt and keep the land at a discount..


FCC will be working with the second generation of these shysters .

Yes that’s the long term problem that fcc and those kinds
Of crooks and they really are crooks. We all know of rhe million
Dollar men managing their own bankruptcy while
Neighbours and local businesses don’t get paid. All
The while bidding up land and equipment. FCC turning down
Low interest loans to farm families and yet
Giving them to speculators bidding up land?????
But the reality is the rest of us are caught in that mess
There is no new equipment on my farm no extra inputs
Not needed. Simply caught up in programs that don’t
Work for multi year losses. We can’t simply say we
Don’t want rent any land or we want to pay less
For the land we re still purchasing from 10 years ago.
Everything from rail lines abandoned etc are all
Costs passed down. The amount of people going to be
Done will be staggering and rhe amount of foreign
Control or speculator control of land will increase.
Will mean some more small towns that will be
Ghost towns.

[Oliver88]

Thems the hazards in leasing cows.
Most often ends that way
Or worse

Lawyers love that business model.

[WiltonRanch]

Lawyers love that business model.

Not a fan of cow leasing. Only way they work is an understanding between both parties of mutual destruction if someone decides to get cute.