I dont know about you guys, but I enjoyed farming better when canola was $10. There is too much volatility and uncertainty. Even my accountant gouged me this yr.
I also wonder about the health of farmers balance sheets. Many did not get a crop last yr, didnt get a lot of help from crop insurance and got reamed on the precontracts and then didnt have any crop to sell into the rally.
Now somehow they were able to get another year financed and here we are with big time input expenses and crop prices tumbling and I doubt many took advantage of fall pricing in the spring with the uncertainty of the weather and late season.
I also wonder about the health of farmers balance sheets. Many did not get a crop last yr, didnt get a lot of help from crop insurance and got reamed on the precontracts and then didnt have any crop to sell into the rally.
Now somehow they were able to get another year financed and here we are with big time input expenses and crop prices tumbling and I doubt many took advantage of fall pricing in the spring with the uncertainty of the weather and late season.
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