Machinery and land prices....down?

[AlbertaFarmer5]

Old Bovine.
Corporate separates into individual profit centers. Otherwise how can you measure.
Only wages can attract workers. Ag still subpar.
Rates will go up.
Or see above reference to gravel. Or freight or gas stations or liquor stores.

I think those are all great examples. Difficult to hire employees to work the long hours in a less than glorious industry, and have enough profit left over for the owners to be worthwhile. But if you instead call that person an entrepreneur and sell him the business, he and his entire family will happily work 24/7 in conditions that the average employee would refuse. And run the business in a way that is profitable which an employee could never fathom, and look after the customers in a Way employees are incapable of.

Does that sound like farming at all?

[errolanderson]

Base commodities remain under heavy deflationary pressures. Media’s constant inflation stories are growing thin as prices continue to drop in many key sectors. MEDIA, PLEASE GIVE NEVER-ENDING INFLATION STORIES A BREAK. The problem is not inflation, rather the debt crisis (that central banks initiated through ill-thought-out policies).

Take a look at the recent dive in lumber prices, copper again under pressure. Gold has done diddly- squat as inflation isn’t riding shotgun. Oil remains a bear market despite OPEC cuts.

The Fed is hooped . . . They are now cornered. How are they going to save face as rates now have to be cut.

My apologies for being so cynical, but it already too late now for a fix. The piper is going to get paid . . . .

[blackpowder]

Short term one thing. I understood the question as longer term. How long did deflation affect Japan?, A lifetime.

If an employee is an extended family member seeking citizenship while working for room and board and sponsorship of further relatives?
There are a few family run gravel operations left here. But all the wiggle wagons on the main drags are new Canadians paying for the multifamily mansions you see from the hiway. Have been for decades.

Remember the big picture on your Mother's or Grandmother's living room wall?
Well every body has a mental "picture" of what "farming" is. Not reality just their minds view. Reality will prevail.

[Old Cowzilla]

Just not as many kids to take over family operation ( if any ? ) so business sold to new citizens. Mileage charges on gravel getting steep as small town ops shut down.

[Taiga]

Ordered a mfwd tractor for spring, cost 2.4x what I paid for the 2015 tractor it is replacing.
Also ordered a Legacy tridem, cost what the Legacy super B cost in 2021. Will come with Chinese tires too.
Hutts are on a land buying spree here driving prices up.

[furrowtickler]

Ordered a mfwd tractor for spring, cost 2.4x what I paid for the 2015 tractor it is replacing.
Also ordered a Legacy tridem, cost what the Legacy super B cost in 2021. Will come with Chinese tires too.
Hutts are on a land buying spree here driving prices up.

Monnette still buying everything they can regardless that 2/3 rds of their crop is basically toast again

[Goodtime]

Why were there 2x2022 x9s at an auction? Lemons?
I know ( due to inquring) about a couple of the yellow combines and a few came from a dealership and they were all " required too much to fix" so dealership just sent them to get sold.
Pretty cheesy how combine and pickup get split... land in our area ( north edmonton) is still sky high and isnt coming down anytime soon...

Redhead dumped the X9s from the Monette Kamsack deal.

[WiltonRanch]

Monnette still buying everything they can regardless that 2/3 rds of their crop is basically toast again

They must have told their Chinese backers a good story to keep them sucked in

[AlbertaFarmer5]

Monnette still buying everything they can regardless that 2/3 rds of their crop is basically toast again

Is this going to once again prove the adage that something that cannot go on forever will stop?
It's not profitable on its own, then at some point investors will run out of patience. I doubt there are any bigger fish willing or able to swallow that when it comes back on the market. Might be opportunities for smaller players to get a foot in the door.
Can land inflation alone keep it afloat? I might work on paper, but it doesn't pay the bills.

[furrowtickler]

They must have told their Chinese backers a good story to keep them sucked in

Not sure , but definitely seems to be endless money involved from somewhere
Funny how the ex CWB worshippers like chuck cry about their family farm neighbours “big trucks, machinery and boats” and yet say nothing about these mega farms swallowing up everything in sight .
Being so petty must be a tiresome job .
Monnette way over 300,000 ac now , contributes zero to any local community economy they farm around , but any free market family farm is the problem in their eyes …. and the fed governments agenda .
Yet that who is and has been responsible for the vast majority of wealth creation to most rural communities in western canada outside of oil for over 50 years .
It’s hard to understand the constant attacks on the family farms from so many angles when one sees what’s actually going on

[furrowtickler]

Is this going to once again prove the adage that something that cannot go on forever will stop?
It's not profitable on its own, then at some point investors will run out of patience. I don't there are any bigger fish willing or able to swallow that when it comes back on the market.
Can land inflation alone keep it afloat? I might work on paper, but it doesn't pay the bills.

Good point , there must be an end game at some time ??
Monnette pushed up land values $1000 / ac when they rolled in last year . None of that is sustainable any any point now .

[blueversi]

Not sure , but definitely seems to be endless money involved from somewhere
Funny how the ex CWB worshippers like chuck cry about their family farm neighbours “big trucks, machinery and boats” and yet say nothing about these mega farms swallowing up everything in sight .
Being so petty must be a tiresome job .
Monnette way over 300,000 ac now , contributes zero to any local community economy they farm around , but any free market family farm is the problem in their eyes …. and the fed governments agenda .
Yet that who is and has been responsible for the vast majority of wealth creation to most rural communities in western canada outside of oil .
It’s hard to understand the constant attacks on the family farms from so many angles when one sees what’s actually going on

Maybe because one of their tightest buddies and cheerleaders is a former NDP leader. Then it’s ok.