Friday Cocktail and end if week chat.

[Old Cowzilla]

Cows would have to start shi##ing out gold to pay for that! Red Deer also has a second one with a few less hours for $530 K. Disciples of green paint will pay it.

And guys are keeping second loader tractors now for when these new tractors won't start cause it's chilly,cloudy,snowy outside!

[Sodbuster]

Or they code out and shut down or derate due to stupid emission systems we are required to have.

[biglentil]

Interesting to find out that if you do a lot of dirt work to get rid of water from your fields that it might cost you $2.3 million dollars plus court costs if you lose the lawsuit like some know it all found out up by Edmonton….…

Get the proper paperwork boys. Cause imagery and technology can determine what was done a long time ago……

You have a link?

[TASFarms]

Oh buying a new loader tractor for the farm?.....I see Brandt has a special on a 2023 7R250 for $525,000 and only 1256 hours at Red Deer....WTF is that all about? What did the first guy pay....this is totally out of control!

That tractor won’t sell. Probably see it at an auction. A lot of the higher priced loader tractors don’t sell. But then again a local environmental company didn’t think anything of spending $500k on 150 hp Deere

[TASFarms]

Sask crop insurance with big payouts again,how long can the province continue this.For sure it sucks when no rain but as Saskfarmer states is the east side paying for this.Anyone have any first hand info on this.

East side premiums are generally way less than what west central premiums are. Not very long ago here 30 bushel/acre canola premium was $27/acre. Melfort area maybe 50 bushel/acre $8 premium. Province doesn’t pay into crop insurance. Feds put money in , farmers put money in. Province takes money out. Wasn’t long ago Sask premier was complaining about farmers getting a pay out not leaving enough money for the province to take out.

[wrongway]

East side premiums are generally way less than what west central premiums are. Not very long ago here 30 bushel/acre canola premium was $27/acre. Melfort area maybe 50 bushel/acre $8 premium. Province doesn’t pay into crop insurance. Feds put money in , farmers put money in. Province takes money out. Wasn’t long ago Sask premier was complaining about farmers getting a pay out not leaving enough money for the province to take out.

when can/sask crop insurance dropped the experience discount they went to a more individual farmer share. now if you never have a claim your rates are reasonable. In my case i can get really good crops or really shitty crops, rarely an average crop here, mostly frost, hail or excess rain...so have a relatively high production but am also a high risk when i lose a crop. the end result being My canola premiums (east side) are staggering.

[BTO780]

Crop insurance is going to hurt farms who have had very poor crops for 3-4 yrs or more. Commodity prices are poor, coverage will be very low end result it will hardly cover costs, if it even does.

If you have say 23 bu durum avg at 80% cov and they price it at $8.50
well you can do the math.

$195 ac doesn’t cover much. Take off $12-15 ac for premium
May as well rent the farm for $125

Canola premiums will be ridiculous for those who have collected over the drought yrs. Some are paying in excess of $30 ac for premium.

[furrowtickler]

Crop insurance is going to hurt farms who have had very poor crops for 3-4 yrs or more. Commodity prices are poor, coverage will be very low end result it will hardly cover costs, if it even does.

If you have say 23 bu durum avg at 80% cov and they price it at $8.50
well you can do the math.

$195 ac doesn’t cover much. Take off $12-15 ac for premium
May as well rent the farm for $125

Canola premiums will be ridiculous for those who have collected over the drought yrs. Some are paying in excess of $30 ac for premium.

Sadly true
also there is no way the east side is subsidizing the west . That’s a load of b/s , our crop insurance premiums are huge compared to coverage .
those out east should just enjoy the fact they have been lucky the past 4-5 years .

[fcr]

I’m quite sure the feds and prov pay 30% each and farmer 40 for premium

[goalieguy847]

Yeah province defintely contributes. Its 36% by feds. 24 by province.
other 40 is by producer. 100 % of admin costs are paid by federal.

Its a good program in many cases. Anyone ever had to deal with any other companies?
they are stingggyyy at best.