Well, another week went by real fast.
Got 1/2 inch of rain and oh so close to the 10-inch mark for the year for precipitation. We had 3 all-growing seasons the rest is this fall. I won't say we're back but it's darn close. Last fall the rain stopped in July and nothing but a 1/10 here or there till freeze up then no rain all winter it was bone dry, things can change but it takes time. Praying other areas to get the rain before freezing up to put 2021 in the books and move on.
Funny thing the last investor has left the building in our area. Large last land sale will happen and the other funny thing is all the land is back now owned by farmers at triple the price. This last guy struck it big in Durum and is set up from the Weyburn area I always like guys like this watch they will surely show us all how to farm. But good luck it's a whole new world.
But it's funny back in the 79 periods to 82 the germans etc came in and bought and land tripled etc then the drought years hit and subsidies in the USA and high-interest rates and all left or were forced to quit then farmers bought and most no actually all failed except one guy who bought nothing for 25 years. Funny how it looks like it is going to repeat.
Sometimes a crystal ball is nice to have or just read history.
Most have completed most of the fall work, were done with the one cat with a rad problem and a fan problem, bigger job than I wanted to tackle this fall.
We're down to two sections to harrow and 2.5 to do sloughs on with the kelly and it's a wrap.
More rain or snow Friday night into Saturday so might actually get that done.
The land scramble is going strong on renting also but owning is way better.
Trucks have sure slowed delivering to the elevator and most must now be done with contracts. The sad part some of these contracts will sink some guys. If you presold 50 and grew a 30 your out 20 and owe big time on 1000 acres at 12 vs 6 that's $120,000. Or Canola at 13 and it's 21 on 1000 your out $160,000 so basically your crop insurance is covering these contract shortfalls.
The big problem now is the elevators but most haven't done the walk of shame yet to their banks. The land is high so refining is an option for some others it will sink.
Also, some other insurance systems are not living up to the dream.
Either way, it's better to get in discuss your situation and get a plan ahead because once the big dogs in Banking central Toronto smell fear it could be a bigger issue than the grain contracts.
The other thing is Sask Crop insurance comes out with prices for 2022 based on the market in December of 2021. If all crops hold and most will what will premiums be, coverages will also be up but the cost will be double.
The other thing is other insurance programs where will premiums be if your on year three of the drought will you even be able to be covered in 2022.
Some might say I'm going hard but this is the reality of 2021. It could be a long winter.
Talk to your neighbors and be strong the Gov isn't going to help us at all and Skippy and BOBOO for sure have a plan for us and its not good at all mark my word their coming after farms like oil and Cows will be the next big Exit because they make methane. Yea one dump in Toronto pisses out more than the whole herd out here. Stupid people are in charge were in for one rough ride as farmers and need leaders in Ag, not followers.
Take care and maybe well get another week of fall work.
Got 1/2 inch of rain and oh so close to the 10-inch mark for the year for precipitation. We had 3 all-growing seasons the rest is this fall. I won't say we're back but it's darn close. Last fall the rain stopped in July and nothing but a 1/10 here or there till freeze up then no rain all winter it was bone dry, things can change but it takes time. Praying other areas to get the rain before freezing up to put 2021 in the books and move on.
Funny thing the last investor has left the building in our area. Large last land sale will happen and the other funny thing is all the land is back now owned by farmers at triple the price. This last guy struck it big in Durum and is set up from the Weyburn area I always like guys like this watch they will surely show us all how to farm. But good luck it's a whole new world.
But it's funny back in the 79 periods to 82 the germans etc came in and bought and land tripled etc then the drought years hit and subsidies in the USA and high-interest rates and all left or were forced to quit then farmers bought and most no actually all failed except one guy who bought nothing for 25 years. Funny how it looks like it is going to repeat.
Sometimes a crystal ball is nice to have or just read history.
Most have completed most of the fall work, were done with the one cat with a rad problem and a fan problem, bigger job than I wanted to tackle this fall.
We're down to two sections to harrow and 2.5 to do sloughs on with the kelly and it's a wrap.
More rain or snow Friday night into Saturday so might actually get that done.
The land scramble is going strong on renting also but owning is way better.
Trucks have sure slowed delivering to the elevator and most must now be done with contracts. The sad part some of these contracts will sink some guys. If you presold 50 and grew a 30 your out 20 and owe big time on 1000 acres at 12 vs 6 that's $120,000. Or Canola at 13 and it's 21 on 1000 your out $160,000 so basically your crop insurance is covering these contract shortfalls.
The big problem now is the elevators but most haven't done the walk of shame yet to their banks. The land is high so refining is an option for some others it will sink.
Also, some other insurance systems are not living up to the dream.
Either way, it's better to get in discuss your situation and get a plan ahead because once the big dogs in Banking central Toronto smell fear it could be a bigger issue than the grain contracts.
The other thing is Sask Crop insurance comes out with prices for 2022 based on the market in December of 2021. If all crops hold and most will what will premiums be, coverages will also be up but the cost will be double.
The other thing is other insurance programs where will premiums be if your on year three of the drought will you even be able to be covered in 2022.
Some might say I'm going hard but this is the reality of 2021. It could be a long winter.
Talk to your neighbors and be strong the Gov isn't going to help us at all and Skippy and BOBOO for sure have a plan for us and its not good at all mark my word their coming after farms like oil and Cows will be the next big Exit because they make methane. Yea one dump in Toronto pisses out more than the whole herd out here. Stupid people are in charge were in for one rough ride as farmers and need leaders in Ag, not followers.
Take care and maybe well get another week of fall work.
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