U.S. farmers set for huge government payouts despite bumper harvest!

[bucket]

So hopalong where are the canadian calculations for what will happen here considering we are short on price and yield ?

There isn't one because the government here will change the parameters of the program again like they have in the last few years.

[Hopperbin]

That is possible bucket but I dont think it wise to advertise a huge govt payment in canada thank christ But probably will happen. Is this payment Into crap ins and agstab going to be transparent?

[foragefarmer]

Hopperbin

They have just had a bumper crop and they will be getting a payment. Agristablity tends to kick in more in years when production is down more than anything, in other words crop failure. Ag Canada has also changed the calculation formula two years ago which makes payment even harder to trigger. So I don't agree with you on this point that we are similar.

Ag Canada has also made AgriInvest less attractive, by reducing the percentage amount they will match.

As for this current Con government, there is no way in hell there will be some sort of Ag bailout when they want a balance budget for 2015 to get re-elected. The public would never by it, as there were good prices the prior three years with a record crop in 2013.

[Hopperbin]

We had or most of us the bumper last year. This year prices are down. This year usa had bumper but prices down. So under the same program we are better off. All farms considered under a their own profit margin. Jd green should be able to buy 2000 acres just by his agstab ins. 5 years record crops. Its not perfect. I have to givee him a fishing trip if he visits klausette verbal agreement. World is not fair.

[Hopperbin]

I mean under the same program we will have better payments in general not neccesssarilly more as they have lhigher gross. And income per acre.

[tweety]

OK bucket, super simple question. What does it cost to produce 1 bushel of milling wheat at 13.5% protein?

[farmaholic]

Forage; My prediction for "election spending" for ag is we will see some sort of vote buying payment. After the last round of Ag policy changes and legislation , I don't think I can be bought.

[Hopalong]

Think US programs are more complicated than many of us think.
Payment limits are $125,000 per year and have to choose between programs, can't be in both price and risk coverage.
Kind of pales in comparison with agstability where I believe limit is three million.

[foragefarmer]

Farmaholic

I'm glad you can't be bought,shows character, but unfortunately there are several posters on here that don't need to be bought to remain loyal to the Cons.In fact they are the ones sending the cheques the other way!!Good job or not doesn't matter to them.

[stonepicker]

And who do you think should lead canada? Justin trudeau or Thomas mulcair? I'll take harper over those two every time. I think they're doing more things right than wrong. I hope it's alright to express my opinion on here.