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Eleven Hard Nosed Questions to Ask Yourself in the Shower

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  • parsley
    Senior Member
    • Oct 2000
    • 10986

    Eleven Hard Nosed Questions to Ask Yourself in the Shower

    1. Which currency will probably take the biggest dive in value in 2010?

    2. Will interest rates rise a lot?

    3. Am I comfortable with my operating loan?

    4. Will my operating loan rise a lot, compared to other years, to put in the 2010 crop?

    5. Where does most of the grain I grow, after the handler is done shipping, end up, and will they still buy if their dollar is devalued?

    5. Do I gain more money by growing more bushels, or just turn over more money?

    6. Are my contracts becoming a scarey variable?

    7. How can I reduce my biggest expenses?

    8. Who really bears the risk of inflationary costs?

    9. Can I be sure of my penciled-in profits in the fall to pay taxes?

    10. If risk is becoming unmanageable, is increase in bushels the best way to pocket net profit or is grain price increase the best way to pocket profit?

    11. What's the downside of growing even more and more and more and more bushels?

    Easy way to clean up your act.lol Pars
  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    #2
    1. USA
    2. YES
    3. YES
    4. NO
    5. YES
    6. NO
    7. No
    8. Yes
    9. Farmer
    10. YES
    11. No
    12. You eventually phone Richie brothers and its all over. What a fun ride. But you get a nice hat.

    Comment

    • parsley
      Senior Member
      • Oct 2000
      • 10986

      #3
      #5...I'm curious. If farmers bank more because of more bushels, how come the average provincial net income always seems to be in the tank?

      Comment

      • SASKFARMER3
        Senior Member
        • Feb 2006
        • 14485

        #4
        Heading out the door, Your right Most farmers loose loose loose. Winners are us one in 10 years that was 2008 but now 2010 seems like long road of Zeros.

        Comment

        • checking
          Senior Member
          • Feb 2008
          • 2392

          #5
          7. Send her packing.

          Comment

          • SASKFARMER3
            Senior Member
            • Feb 2006
            • 14485

            #6
            I like that one send her packing. Yes that is one of the greatest expenses but also great treasures.

            Comment

            • parsley
              Senior Member
              • Oct 2000
              • 10986

              #7
              checking,
              You of all AV'ers, is the one I thought would have chosen the loaded model. LOL Pars

              Comment

              • parsley
                Senior Member
                • Oct 2000
                • 10986

                #8
                #5. You think Americans will buy Canadian grain when the loonie is $1.25?

                Comment

                • TOM4CWB
                  Senior Member
                  • Dec 2000
                  • 16511

                  #9
                  Parsley,

                  Before the answer to any of these questions can be attempted... 'will North America have a normal, or below normal crop volume in 2010'?

                  Are the Chinese the key to this... when does this bubble pop... and do we want to be on the planet when it does?

                  Comment

                  • parsley
                    Senior Member
                    • Oct 2000
                    • 10986

                    #10
                    " normal, or below normal"

                    Weather.

                    Maybe the question should be: "Does a """""normal"""""" crop make farmers lots of money? After all, growing more and more is normal.

                    "Are the Chinese the key"


                    The Chinese have built a "Billionated Piggy Bank" as their chequing account.
                    Mind you, they starve their people to do it; farmers get about five or so hundred dollars a year. But that's their system, and they love it.

                    Instead of Chinese currency coming into force, (They promote themselves as the successor to the $AM user profile) could a group of nations, including Canada, boldy set out with a "combined currency" force? No one country is srong enough to go it alone. But a combined currency?

                    The US is going to get dragged, kicking and screaming, through a currency drought right smart.

                    Pars

                    Comment

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