Harvest 2023

[zeefarmer]

Nice to see someone out of the gate. Have you harvested much in July before?

This is the third time in the last 16 years we've started in July. The other times we had started seeding in April, so it was at least 90 days from seeding until harvest. This year it's 82 days. We started seeding May 4 this year 😳

[flea beetle]

Flipping to avoid payments.

I can see doing that to the equipment, but land?

[makar]

I dont recall being done by Halloween in a El Nino year, usually good crops but crappy harvest. Guys struggling here to bale minus 1 bale hay crops. One of my best crops ever, but.

[makar]

I can see doing that to the equipment, but land?

Maybe increasing land values create a Ponzi scheme type of deal.

[jazz]

Maybe increasing land values create a Ponzi scheme type of deal.

From a family that went through a decade of drought in the Palliser in the 80s. The first few yrs were business as usual, by the 3rd and through the next 5, our horns were pulled in big time to survive that.

IMO, that area and a large swath bordering it could be entering a new dry spell with a switch back to El Nino. I would be looking to make my farm pretty resilient through such a time instead of swapping iron.

[furrowtickler]

Maybe increasing land values create a Ponzi scheme type of deal.

About the only thing that makes sense

[AlbertaFarmer5]

Flipping to avoid payments.

Can anyone explain the theory behind this? As someone who's never financed or leased anything, I can't quite picture how this is possible.

[wmoebis]

There are many large farms in the same position in the SW that have not had much of a crop in 3-4 years but are flipping new machinery yearly and buying land like crazy continuously.
It is truly intriguing how they are doing it .
, it makes little sense to most of us average farmers

Not sure if still happens but remember seeing combines and tractors at auction with next to 0 hrs on them and previous owners running other new ones.

You never hear them on boards or advertising how to do it or do they teach that in collage?

[flea beetle]

Can anyone explain the theory behind this? As someone who's never financed or leased anything, I can't quite picture how this is possible.

It is a last ditch effort to survive usually. Payment coming up on the equipment, so they trade it on something else to gain another year without making a payment. Only works for so long until their equity is gone that they have in the equipment. Then they can’t trade anymore without shelling out for the down payment. That is the end of the rope, so to speak.

[wheatking16]

It is a last ditch effort to survive usually. Payment coming up on the equipment, so they trade it on something else to gain another year without making a payment. Only works for so long until their equity is gone that they have in the equipment. Then they can’t trade anymore without shelling out for the down payment. That is the end of the rope, so to speak.

I had a salesman explain that to me 20 years ago. I guess it has been a thing for a long time.