Noder AngriInvest Flyer In The Mail

[BTO_farmall]

And I Wouldn't Be Caught Dead Fillin Out n'knee These Forms!!!!! Guess Thats Why Yous All Growers, n' Me a Farmer. See Ya On The Track, *******!!!!!!!!!!!!

[sumdumguy]

SF3 , very few farmers know how to calculate
the support level and until the government
started using BPUs to manipulate the payments,
you could be pretty accurate, but after the
changing of BPUs, many payments were
recalculated and there were surprises.

[freewheat]

SF99, it is not that tough. It is mathematics. I am very confident
in my mathematics abilities. I do see though, that farmers are
often not the sharpest knives in the drawer, I ran an off farm
business catering to farmers for 10 years, and most had no clue,
worse, most did not even try.

Mathematics is the reason I have dropped the program. Because of
extremely poor average reference margins from too many years of
unseeded acres, but fairly high crop insurance yields that were
not dragged down by unseeded acres those several years of watery
hell on earth, agristability is pointless for MY FARM.

There is mathematically no way that I could trigger a payment
anymore, either if I do not seed due to excess moisture, or if I
do seed, and have strong CI coverage.

Not every farm will be like this. Some guys have been very lucky,
and have great margins, and agristable will still help them.

Good discussion, boys.

[Hopperbin]

Looks like Sask99 has a great accountant very reliable. I am still looking for a new one have mine done tomorrow actually so not sure what the will come of that gotta new guy employee coming out new to me. Charlie crop ins is over paying which is why land prices are so high they reighned in Agstability a bit. The USA is trying to take a bite at their crop insurance gov't portion of the premium. I think we should also. Think about it all the talk of land being the best investment outpacing gold even all on tax payers dollars. Farmers are using it as a money maker, over using it for insurance. About losing equity in a few years how about gaining a couple million in a few years goes both ways. Not many businesses are insured like us small grain farmers and I know I likely gain a lot of enemies from the up and coming farmers and investors but its my thoughts.

[Hopperbin]

And Free Wheat is all correct. He does his own Agstabbing, I let my accountant do it and check it over myself and wonder why the hell I did not do it myself at least I know I check things over and confirm a payment or reference margin. I did a Burbert (Agstabbing) :-))

[BTO_farmall]

And What Was This Off-Farm Business Catering To Joe The Farmer, HuH????????

[farmaholic]

Not that there aren't any others, but what other
industry is as weather sensitive as Agriculture, who
controls the weather? If "they" don't want to protect
it, then let all the other parasites hanging on the ag-
tit starve too. How can you let the primary producer
fail without a domino affect. Who in their right mind
would take the risk we do? Even the guy renovating my
house knows this. No more EI, welfare, workman's comp,
healthcare, CPP and Old Age Security, Guaranteed Income
Supplement, food banks, soup kitchens....sink or swim--
your problem if you can't make it. If people think we
are guaranteed a living--have at it, buy some land and
start farming. If I had to rely on what government
provided I certainly wouldn't farm.

As far as machinery goes, so every other industry can
forge ahead with advances in technology and innovation
and farmers are supposed to "make due"? Treat it like
the business it is, we are not simple minded hayseeds.
The ones with a head on their shoulders and not up
their ass will survive and succeed.

Saskfarmer3 Quote:

"Or like some who criticise you sit and wonder all day
why the neighbour is getting ahead of you when your
sitting in the coffee shop discussing yesterdays news."

This statement could use a little grammar polishing but
it speaks volumes....

[Burbert]

Gobermont wants ta end all programs and
be responsible for nothing, except going
to nice fat ass partys and whoring
around with aides and assistances, then
get re-elected. Gobermont aims in a
nutshell, am I right er am I right. If
in doubt actually force yourself ta what
question period someday and watch these
bullshit artists spew it think and heavy
in every direction. Oh my oh my the
Comedian gobermont has earned its
reputation, eh Fharper, ritz en redford!

[Burbert]

Freewheat, I guess I'm not questioning your ability in math and other talents.

You spent the time figuring out your payment in the year you thought you might be getting one. Did you do the same in every year?

What I'm getting at is something like the following that happened to us:

When we filed out 2007 application, we sold almost all of out canola production at a price that was quite a bit higher than the year end inventory price provided by the program. The grain was on the farm till early Feb the following year but because we marketed almost all the production at a higher price, we were able to use that price. By doing this, it increased out margin for 2007 by over $150,000. 2007 is one of the years used in our 2010 reference margin calculation.

In 2008 and 2009 we did a large portion of wheat and barley through fixed price and basis contract pricing. Same as 2007, we beat the year end price by a faitly large amount which again made the margin for 2008 and 2009 higher verses if we simple used the standard codes and prices provided by the program.

Some of you may think its manipulating the program, but its simply getting the production revenue earned for the crop year in the right year.

By doing things like this, our reference margin is higher and more accrate. Our payment for 2010 was over $100,000 more because of doing so and was basically the main reason we received a benefit. We did not sell much of our 2009 canola crop in 2010 and chose to hold for better prices.

This price increase throughout the year is treated as income for the 2010 program year and was a reason why many farms didn't receive a very big payment.

Its tough to explain, hopefully this makes sense.

And as I mentioned before, my accountant earns his fees imo