Funny thing has been going on since I came home. South Africans are interested in Canada and want to make it their home. Yes I can see with all the problems farmers have over their why they wouldn't want to move to a place that has land, Good gov (ok some would argue it doesn't listen) Safety and nice summers.
So My question to all on here is what would you do if you were approached to sell out.
Was at a producer meeting last week. These meetings just a year ago were full to the roof with farmers so full of piss and vinegar. Yes their is some great new Technology coming down the pipe but funny thing is every one was talking about moving their grain, giving up rented land or negotiating and how the prices of what we get are similar to the USA but if we buy anything for the farm from the USA were paying a premium of 24%.
Some thing happened since December, Its not very positive out their. Yes some think we are only in a small dip. What's funny is guys who have been farming for a longer period feel this is just farming getting back to the levels it was with 2015 input costs. Now their margins are so slim Most are asking why keep doing this.
Now yes the weather factor has crushed a lot of guys spirits but reality is Farming has its ups and downs. Really three ups in a 100 years isn't that a positive business model.
So back to my question If you guys were approached to leave the business Today would you do it.
Funny thing we all think about what we would do, but if the time ever comes what would each of you do. Would you leave the industry or stay and wait for the next big thing.
Yes with land prices today its prime time to sell. You need Bidders for land and sellers. Bidders have deep pockets sellers don't need to sell or want to sell.
Yes their is the Tax implications of winding down a business.
But if a offer was put on your kitchen table would you move on?
Just a simple question. Funny lots at the meeting were thinking the same. What would you do.
Is this the next big Change in Farming where guys who have been in the business for 3 or 4 generations, Strong family farms say. Yep that's a good enough pay day and I'm out of here.
So back to the original question. Would most sell and move on or stay to fight another battle.
So My question to all on here is what would you do if you were approached to sell out.
Was at a producer meeting last week. These meetings just a year ago were full to the roof with farmers so full of piss and vinegar. Yes their is some great new Technology coming down the pipe but funny thing is every one was talking about moving their grain, giving up rented land or negotiating and how the prices of what we get are similar to the USA but if we buy anything for the farm from the USA were paying a premium of 24%.
Some thing happened since December, Its not very positive out their. Yes some think we are only in a small dip. What's funny is guys who have been farming for a longer period feel this is just farming getting back to the levels it was with 2015 input costs. Now their margins are so slim Most are asking why keep doing this.
Now yes the weather factor has crushed a lot of guys spirits but reality is Farming has its ups and downs. Really three ups in a 100 years isn't that a positive business model.
So back to my question If you guys were approached to leave the business Today would you do it.
Funny thing we all think about what we would do, but if the time ever comes what would each of you do. Would you leave the industry or stay and wait for the next big thing.
Yes with land prices today its prime time to sell. You need Bidders for land and sellers. Bidders have deep pockets sellers don't need to sell or want to sell.
Yes their is the Tax implications of winding down a business.
But if a offer was put on your kitchen table would you move on?
Just a simple question. Funny lots at the meeting were thinking the same. What would you do.
Is this the next big Change in Farming where guys who have been in the business for 3 or 4 generations, Strong family farms say. Yep that's a good enough pay day and I'm out of here.
So back to the original question. Would most sell and move on or stay to fight another battle.
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