How bout some aid now boys

[bgmb]

Ageist ability is now useless since ritz took away our margins. They did this very quietly and it only affected producers with a history of margins that are higher than elegible costs. It is a very ndp thing to do, ostrich man decided the best farmers should have the same margin as the worst ones. It would be like crop ins changing your IPI from 1.2 to 1 with a stroke of a pen

[farmaholic]

I knew it happened but decided to stay in against my better judgement. Maybe it's time to submit ten years of crop production data and have my own, versus area, crop insurance coverage.

(AgStab)By protecting the lesser of your production margin or allowable expenses, it basically made it a barely cover your allowable expenses from the margin protection insurance.

Insurance isn't meant to make money on it's there to soften the landing.

[cottonpicken]

The whole picture?

Our economy is called a command and control. The constant misalication of capital and resources coupled legal fraud in the private and public sectors will bring our society to its knees.

The very fact multi millionaire farmers here and now are talking about raiding public coffers thus taxpayers is testament to the rot and inevitable meltdown.

But on the other hand lol,the strategic geo political world of the Anglo/Saxon empire demands tuff choices to stay on top of the food chain because who wants to be eaten by china?

[bgmb]

Farmaholic, don't feel bad everyone has times when they think they are invincible 40-50bu canola at 12-15 bucks for a few years will do that to a guy. All you can do I learn from it, reevaluate and move forward.

[TOM4CWB]

CP,

I saw on BBC last night the Chinese stock market is down 30 percent in the last 3 weeks. 90M investors in China are now mad. Gov is supposed to fix everything they thought... it can't go down. 3 $UST lost.

WRONG.

QE is very addictive... and the Chinese have always been the masters of QE without the publicity.

[bluefargo]

What I hope is that the government keeps the programs we have and keep them running well.
Crop insurance is a good program. It saved my ass in the drought of 2001-2 and to a lesser extent in the frost of 2004. I don't see why it won't come through this year. If we don't get rain in a week or so our crops are toast.
AgriInvest is a pretty good program too. Having a little nest egg is never a bad thing.
AgriStability not so much. I stuck with it but I don't like the program that much.
If these 3 programs work as they should most farmers should get through. I for one am very appreciative that the taxpayer is willing to keep these programs in place.

[farmaholic]

Cotton, most of the cash won't be in the Producer's hands for long. Probably a very low percentage are hoarders, the rest will flow.

So protecting an industry that generates new money for an economy has no more value than all the "recycling" efforts of old money?

Glad to say I've earned my keep and contributed(paid taxes)in my lifetime.

Just my opinions.

[freewheat]

75 to 100 bucks an acre? Good flipping luck!!! HAHAHAHAHAHAHAHA!!!!!

I am saddened that some seem to think we need aid. If it isn't working, change. On your own. Make it happen. On your own.

The more cuban talks, the more I feel like he could be one of my neighbors, all show, no actual management skills.

Where were you, cuban, when the wet years were here? Probably in some area that actually NEEDED the rain and had great crops.

I am happy there are some posts that are not embarrassing to read.

[cottonpicken]

That's why they do it in the first place. Out of country external capital inflows is crucial for an economy. That stuff comes in gets put into banks leveraged up by about a ten factor and filters through. That's how japan has been able to keep going for so long.

[riders2010]

Your the wmberrassment. Bumper crop coming so fk everyone else. 100 bucks an acre right on the mark. Deduct it off agri payment if you were getting one. It's a wide spread disaster so at least have some equitable payout for guys that need it most.

Not everyone can afford to be lazy enough to raise their own chickens and chase sheep all day. Most hard working families both are out working to pay these ridiculous inputs.