FCC gets a billion

[blackpowder]

Agristability kicking in this year I bet, if it didn't for 24.

[bucket]

Agristability kicking in this year I bet, if it didn't for 24.

Problem with that is you are awaiting well into 2026 for any help from the 2025 year.

[blackpowder]

Interesting, the highs of 21/22 (if) are going to cause the trigger. Not necessarily the lows of 24/25.
6 months after year end better than some scatter brained ad hoc. How many guys bin grain for longer than that?

[bucket]

Interesting, the highs of 21/22 (if) are going to cause the trigger. Not necessarily the lows of 24/25.
6 months after year end better than some scatter brained ad hoc. How many guys bin grain for longer than that?

They ad hoc industry worker payouts to the taxpayer. And rarely find the corruption in these worker payouts. Government workers were double dipping CERB payments, that issue went silent. Government workers are not an economy driver.

[ry0972]

Ya I don’t see how funding FCC helps grain farmers or cattle guys. So you have to take on more debt during a tariff war that is not our fault? That’s good? FCC will have strings attached, financial ratios to qualify, and those who actually need the money won’t qualify or be allowed to get it. Then paying interest on a loan the farm operation can’t afford. And then legal action when you can’t pay it all back. Sounds like a nail in the coffin for many farms. What is needed is a direct payment to the farmer, a cheque in the mailbox. Every farmer gets the same amount. Tell everyone they need to enrol in crop insurance or the cattle version of crop insurance for 2025 at the minimum level. Then send the same cheque to each enrolled farm. Fair and done. The risk takers can go borrow more money from FCC if they want to and get rich, or go broke faster.

NO WAY should Crop Insurance or Agristupidity be mandatory!!! Instead the farms that are not in those should get a cheque equal to what the gov portion of the premium would be if they were enrolled at 70% coverage and let them farm what and how they want without the program "guarantees" influencing seeding plans etc!! Huge amounts of overhead/administration costs to run these programs that encourage fraud. Many farms "self insure", store excess grain in higher yield or low grain price years and have long term plans that rarely include flipping equipment every year and owning a million $$ lake house and all the toys!!

[TASFarms]

You should tell that to the Sask party. They want to spend their share and the feds. And not spend it on farmers

[blackpowder]

I realize insurance is a variable value across the prairies.
But if you total your pickup without insurance the govt shouldn't pay you out.
Here at least, crop insurance isn't mandatory if your bank doesn't require it.

[sumdumguy]

Anyone on here think FCC might need it to shore up its own accounts?

[bucket]

Anyone on here think FCC might need it to shore up its own accounts?

They will but it will at the expense of some well positioned farms that will be forced out. Seen it back in the 2010 era.

Their books look better with fewer customers, larger farms that are " too big too fail "

[poorboy]

Quota values are similar to farmland values. Profitability and general optimism/pessimism normally cause land value increases and decreases. Tariffs drop farmland prices just like quota prices might come down.

Quota was being bought from other farmers just like farmland.

Some help should be offered if we reduce our tarrifs on imports of supply managed commodities, but certainly not a total bailout.