Friday Crop Report on a Thursday!

[Sheepwheat]

A couple comments and questions.

Sf, not to mean ill towards you, but you have ten thousand acres, and your sons have no room on your farm? That’s sure too bad. Couldn’t you rent some to them?

Regarding deer. Yes, it looks like there are lots, but LOTS have died, and they are also flocked up in certain areas. If you drove by my yard, you would see way more deer than that, and th8nk the population is healthy. Well, it’s reasonable, but all of them within several miles are in one place, so it looks like they are overpopulated.

[blueversi]

Some of you said debts dont matter, that we should pay for everything and everyone cradle to grave.

Well we dropped $20B on some jets this week, a few billion to Toyota, some billions more for daycare, and now some untold more billions toward climate change. $40B to native programs etc.

And we havent even scratched the pharmacare and pretty teeth program.

What else is in the budget?

There is no way Canada can pay for this. We are barely a G20 nation. We have the largest sub-sovereign debtor in Ontario along with the biggest sub-sovereign welfare state in Quebec.

We have a household debt at $2.2T. And our debt obligations at 300% of GDP.

And now throw up some more regs on our only income producing industries. A 25bp in rates has wobbled Canadas housing market already. Imagine a doubling of your GST?

This ends one way, with a debt default.

I’m pretty sure that’s been the plan since the Turd started his reign of economic warfare on the West.

[jazz]

This government likes to use debt to GDP ratio as a justification for deficit spending.

Correction, the govt uses the deficit to GDP ratio. And even thats historically high. People have forgotten about th covid spending because it went through onto the debt now and Trudeau is still spending at that pace.

Man this is going to be ugly. All those smug socialists are in for a shock when Trudeau is at the UN and we have a default.

My bet is the country cracks before then.

[jazz]

This government likes to use debt to GDP ratio as a justification for deficit spending.

Indeed if the debt increases the productive ability to increase the GDP that can be justified.
Unfortunately most of their spending seems to be a no brainer comprised of stop growth to reduce CO2 emissions and pass money out that drops the productivity of the workforce.

Ask yourself this question, if the govt forces up costs for no reason, and crop prices dont hold, are you going to knock yourself out trying to stay ahead of it?

Each to their own, but I wont be adding acres or doing crazy stuff to stay on a treadmill. The govt will probably get their 30% fertilizer reduction out of me.

Maybe SF should phone up Monette and move his family to Desantis land.

[furrowtickler]

I’m pretty sure that’s been the plan since the Turd started his reign of economic warfare on the West.

The budget will balance itself.
When it can’t , they will build back better after they wipe out the middle class , and everyone but the billionaires will be allowed one EV per family and $500 / month for food and all you money will be tracked . No worries , the government will look after everyone at poverty level . Meanwhile the Trudeau of the world will have their multi million dollar trust funds and continue with a massive footprint like the rest of the billionaires. But you will be happy , and feel good about saving the climate .

[jazz]

This is where I question why companies like the giant farm investor clubs and to a larger extent, companies like Blackrock and Vanguard taking on massive amounts of debt. Blackrock holds billions in actual home properties, not MBS. Its like a rerun of 2008 but this time these companies are taking out the hard assets. instead of paper.

Are they betting on a debt jubilee/monetary reset?

[SASKFARMER]

Yes i have rented them each a couple to start and they still have jobs in the city and education to finish.

Skippy has a plan and it doesn't include farmers.

[SASKFARMER]

V packers are short of in supply.


On a boat they think hood thing I have a pallet of round in case they split

[jazz]

Yes i have rented them each a couple to start and they still have jobs in the city and education to finish..

You must have been pretty young when you had your family.

I will be lucky to see my kids graduate from university.

[dmlfarmer]

A question for those of you who think Canada is an economic basket case and will be bankrupt soon. Why is Canada one of just 11 nations in the world who Standard and Poor's top AAA credit score? Even the US did not get that highest credit rating. Canada also got high credit ratings from Fitch and Moodie's this year.

The 11 countries with AAA credit ratings from S&P in 2021: 1 Germany 2 Australia 3 Canada 4 Switzerland 5 Denmark 6 Liechtenstein 7 Luxembourg 8 Netherlands 9 Norway 10 Sweden 11. Singapore