Farm safety net payment cap?

[bucket]

Farm safety nets now are not there to protect the average farmer. Its there to protect the investors of these new companies buying land.

Wildhorse group had John Crow, former head of the bank of Canada, investing in them. Pretty sure he didn't lose that money.

One earth farms has Paul Martin, former prime minister of Canada, investing in them. Not only did he pander to the natives he was also instrumental in the current safety nets other than for some tweeking.

Viterra also took their fair share of government money through investments in farming operations.

Do you people remember Jean Chretien's embezzlements or Brian Mulroney's? The same thing is happening now just under a different set of parameters thru agriculture.

Its criminal, but how else do you roll 100 billion in farm assets when old people won't pass on the farm?

Honestly, people would rather have the sex talk with their families than talk about an intergenerational farm transfer. Which explains why you see 75 - 80 year olds writing cheques for their 50 year old son that wants a new piece of equipment. See it at alot of auctions and trade shows every year.

[cottonpicken]

The subsidies distort everything down the line.

Rents,machinery,inputs all get bid up do to the extra
money in the system.

Production also increases,which lowers prices.

Capatilism has been dead a log,long time.

[sumdumguy]

Ridiculous! The cap should be lowered. The
scamming is rampant. How much tax do these
ofs want me to pay?

Let these big shot bozos stand on their own two
feet, not on my toes.

[bucket]

The sad part is most BTOs will take a writedown sometime and no one will ever find out, but it costs all regular and honest farmers.

As far as agristabilty goes the worst thing for a farm is to be stable. A cow calf operation with a stable farm land base will never get a payout. Because its a stable low risk operation. No sense in being involved.

However if you split the operations up that is a different story.

[ALLFARMER]

Interesting comment Bucket

I switch to cow/calf from grains and oilseeds for
exactly that reason....risk. With the imput bills my
farm was at risk every year and what have input
costs done in the last 5 years?

$80/acre land rent, $50/acre for 4.5 pounds/acre
canola seed!! Neighbor has a new 500hp quad
trac (350k) and new drill (400k) so 750k seeding
rig I wish them well, looks like a nice rig.

With today's costs grain farm is all about risk
management.

[ALLFARMER]

Agristability has really helped me out but how
can you have any trust in keeping going with it?
Now with cow calf I dropped it.

[oneoff]

So now there is some recognition about policy that is well beyond fixing in time to save your serious concerns. Where was everyone as the stage is being set on the all the basic issues of rights and freedoms that are chipped away on a daily basis?
Thats where you should have and should be speaking up.

[vvalk]

Take agri invest. The max is $22500 plus the govt
portion makes it $45000. This is to offset the first
15% of a loss. $45000 doesn't go very far these
day. Why shouldn't all farms get equal treatment?
I'm not saying we should have subsidies but if we
do have them then,why shouldn't it be equal. I
think it's a bit hypocritical of everyone on this
thread to say I should get paid / have access to
full payments but not my neighbor. How do you
justify that?

[grassfarmer]

In the livestock sector million $ agri-stability
cheques have been going to hog barns and feedlots
with some regularity.

[oneoff]

Admit that the lowly welfare cheque comes from the same money pot that farmers get their subsidies from.

And further that any business sector needs to be profitable, in the long run, and not by not being dependent on subsidies and hands in other wage earner's pockets.