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  • ALLFARMER
    Senior Member
    • Sep 2002
    • 1640

    #11
    The oil patch has now slowed for me also in GP (finally) actually getting a couple days off. Went and visited the 109 million dollar rec centre that's on track to lose just under 3million this year. They recently raised prices some and it is a very busy place. The gym are has hundreds of people working out on a Thursday night of all things.

    Comment

    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #12
      No the deal in thorhill didn't make sense after the trip up their.
      Ah farming. I still think three years from now it will be like shooting fish in a barrel how much land will be available to rent or purchase if a guy was young and ambitious that's when the fun is going to happen.

      Comment

      • mcdon
        Member
        • Feb 2014
        • 94

        #13
        Their timing is off... they are getting into canola just as commodity cycle comes to an end(see energy companies that entered late),could be challenging few years ahead.

        Comment

        • kato
          Senior Member
          • Oct 2000
          • 3520

          #14
          Good for cattle.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17029

            #15
            Kato.

            Good for you cattle guys that stuck it out. You deserve even more.

            Here is a question I ask local cattle guys.

            Would it make sense to further reduce your herd, put some cash away, reduce work load while still making the same money on fewer head? By reducing you are creating demand with lower supply and prices should stay high longer?

            Just wondering?

            Comment

            • tweety
              Senior Member
              • Nov 2014
              • 3059

              #16
              cuz that's what grain farmers do. Strive to grow less. Not spending every checkoff dollar and government research dollar trying to squeak out just that little bit more yield.

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17029

                #17
                I only ask because if you have 100 head with nice weather you are not going to have 200 calves out of them.

                It's a little different than grain farming.

                Cattlemen have an opportunity to prove the theory. And they have nothing to lose other than some work.

                Comment

                • kato
                  Senior Member
                  • Oct 2000
                  • 3520

                  #18
                  Our plan is to maintain the herd and get out of debt. We are not getting any younger, so aren't looking to expand. Last fall is the first one where we didn't buy a couple of hundred feeders, and we are kind of liking not having that extra work.

                  Any expansion we would do in the future will involve the feeders, not the cows. Our herd matches our land base, and we have developed a real hatred of debt, so won't be going down the road of buying land.

                  A holiday now and again would be nice.

                  Comment

                  • bucket
                    Senior Member
                    • Jan 2008
                    • 17029

                    #19
                    Kato

                    Good but in order to use feeders you need someone in the cow calf business.

                    My question still remains. Does it makes to downsize, take some cash , make the same money and do less? And at the same time extending better prices with lack of supply?

                    Comment

                    • bluefargo
                      Senior Member
                      • Nov 2007
                      • 363

                      #20
                      Theoretically a low dollar is good for anyone exporting, like farmers, and I'm sure it is. But for some reason I liked it when it was higher. Maybe because I travel once in awhile. I'm sitting in the Toronto airport as we speak. It just seems
                      when we have a strong dollar we are more prosperous. Just saying!

                      Comment

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