Are Farmers One Year Behind in Whats Happening in World!

[SASKFARMER3]

As I was out yesterday in the sprayer it got me to thinking, This spring our grain prices are crashing, Their isn't one crop that's decent. Yea your first 10 bushels of lentils pays you some money but the rest they will get for less than half. Canola if this crop does make it look for $7.00 next winter. Durum and HRS and Barley just say CWB and even if something happened these idiots would have given it away for the low price anyway so their is no chance of getting paid for your product. Then Oats HA HA HA . How low can you go. Song in Hawaii this winter and its stuck in my head.
So my question is
1. Why the heck is land going through the roof.
2. Why are all these young guys coming home to farm and renting land all over the place. We have guys going 50 miles for land.
3.Why are the ones expanding who just a few years ago were ready to quit. Hm
4. Why is equipment going out of dealerships at lightning speed. (yes we are helping that one)
5. Jump into crops never grown before, not just quarter thousands of acres.
ETC ETC ETC>
So simply do farmers not read the news, do they not talk to neighbors who have been through this before. Do they not have financial advisers who can guide them through the turmoil that may come.
It baffles me or have I got to an age where your starting to coast to retirement years and don't want to risk it all again. Where your comfortable with the size of your operation. Was I once a young buck full of piss and vinegar dam rights. But it seems it was way simpler, your risks were minimal and if you did have a wreck in a year you were out. But we did go through the 2002 and 2004 frost years in which millions were lost and one of the greatest lessons were learned, Your on your own don't expect the govt to be their to help you and you better have a plan in place or your going to have a very very very sorry outcome.
Or maybe the day is foggy from to much Roundup and Express. Go figure. But just wondering.

[agstar77]

You just proved thinking too much is a dangerous thing, look at Parsley.L.O.L.!!

[SASKFARMER3]

Yes that's true but with auto steer on and mile strip one either falls asleep or their mind wanders. Lately sleep is not a problem so it wanders and thinks. Yes it does, Oh heck that's a beach in Maui. Bam crap OK just made it through 50 ft of water OK maybe auto steer needs some attention. Having fun playing in mud.

[wmoebis]

Should I be retiring my 97 massey and 14ft cockshutt discers? Maybe I'm a year or two behind. Na I think I will fire up the old 410 MF and take off another crop this year. If she will take this bumper crop I am going to grow on this nice summer fallow.

[parsley]

aggie, When you're just plain dangerous, that's what you call an endangered species. LOL

[GOODRUM]

couple of things come to mind, go out with a bang,or maybe sink or swim, if your in Vegas your " All In " lots of payments getting skipped with new replacements. The projections that were done 2 yrs ago with $12 or $14 canola are going to be hard to acheive.I think your about right SF when you hear the farm income projections for 2010. If we dont get this crop there is going to be some busy auctioneers.

[Jagfarms]

I heard a while back that land prices co incides the grain prices from 2 previous years. So in 2 years the land prices should come back down if this is correct.

I hope it is as it does not make sense at the prices land is at today.

[parsley]

You die tonight.

Do you want land prices high for your estate or not?

[Jagfarms]

In my situation I do not own a bunch of land. I own some and rent most of it and am slowly buying some land when I can.

I am in my 30's and was planning on living a few more years I hope and buying more land to expand slowly and not get in to much debt.

I have lots of time and money invested in machinery and the farm. If my the people I am renting from decide to sell for the current prices today there is no way I can pay that kind of $.
I would not blame them if they sold for these prices but if they did my farming days would be over as I do not own enough land to make a living.

I love farming and so do lots of other people I know and lots of us are in the same boat and do not own enough land to make a living without the rented land as we slowly expand our own land base.

I don't want to farm the whole country I would just like to own enough land someday that I could make a living.

There is some other farmers that I know that are working a full time job and farming and slowly expanding their farms and are getting close to the point where they can quit their jobs and just farm.

With the land prices the way they are they can not expand any more. It would be nice to see more young farmers starting out and expanding from a small farm to a medium sized farm.

The way it is going there will be nothing but giant mega farms and no people anywhere in the rural area.

Like that song says "beer is good and these land prices are crazY"

[parsley]

jag, in order to be consistent with your supposition, I presume you would agree with the extrapolation 'So in 2 years any quota capital gains for supply managed milk and eggs quota should revert back, too.

Thinking about young folks..

You agree? Pars