USDA Sees 2016 Farm Income Crashing As Farmer Leverage Spikes to 34 Year Highs

[tweety]

Hop along ! There is no over production of grain ! They tell you that to give you less !

# kids starving all over the world !

Only a couple billion. But they don't have money so it is a surplus after all.

[furrowtickler]

They may not much but there governments who buy the food do - but they spend too much on WMD and arms from the U.S. , and Russia . You know important stuff

[foragefarmer]

When commodity prices were high a couple of years ago, were any of you on here paying off debt or putting money away, you all knew those prices were not going to last for ever? Now you come on her complaining about governments, inputs, and who ever else you can think of to blame. This is how free markets operate supply and demand dictates price not whining and complaining.



Ajl

I doubt you even know what a third world country looks like, you should do a little travelling and then you'll see how good you really have it. You don't like Canada just move.

[SASKFARMER3]

Forage I told you over and over and over that not every one had the boom. Some had a year here or there but most just got buy. Some had lotto max and won big time with yields and prices.

But yes I did say look out the shit is going to hit the fan.

No buying and some ask why. Real easy the shit is going to escalate downwards and its going to be one hell of a ride.

If Sa and USA next year produce another big one this thing could last years.

Yes its farming but funny our price we get is still same as it was in 1934 isn't that amazing are cows still worth what they were back then.

[Hamloc]

Forage always stirring the pot. In my case my goal over the last 4 years I have worked at eliminating my machinery debt and getting some better lower houred equipment. For the most part this goal has been accomplished. It doesn't make 4.50 CPS wheat any more profitable. When big companies like Agrium and Patash corp have their margins squeezed they talk mergers, efficiencies and of course controlling the market. Farmers can only control costs. If Harper was still in power everyone would be blaming him for this merger, with Trudeau nothing is said. Can't see that the Prime Minister is doing much for western Canada. I guess he did get China to push the canola decision forward.

[furrowtickler]

We all know grain / oilseed and cattle markets cycle . What this is going to hurt is the absolute fact the most inputs , and for sure machinery land and rents have been over inflated the past years and that is what is going to kill farm income for some.
Everyone in Ag keeps wanting and taking a bigger piece of the pie leaving farmers with very little wiggle room even at moderate prices.