Was it bound to happen?

[wmoebis]

Good question BLUE.
How are the farmers in USA and other countries protected?
What about when they sell to feedlots etc?

[wd9]

And it's a fantastic speech! However my comment
is not about the model, it's about how farms like
the stamps are praised for their greatness. Am I
the only one that sees the pattern in the
nominees?

This is not about Larry. It's about how the entire
industry sees bigger is better. Much better.
Farming viewed as how much stuff you can
leverage from a few dollars and borrow money till
u can't borrow another dollar. A kid who was in
university just 5 years earlier now has 4000 head
and farms 12000 acres is gonna carry some debt.
A lot of debt.

Does this make them outstanding or are they
transferring huge risk to the rest of us? And again,
this is my question, why does the entire group of
venue to venue special presenters, crop input
companies, machinery dealers etc, and that was
my mistake mentioning Larry specifically, always
talk about and such risky ventures as great
farming?

Blue your question is easily answered. They all
got screwed. They will be paying for it because of
stamps outstanding ability to borrow.

Why does the criteria of an outstanding farmer
always follow the exact same model?

[cottonpicken]

Shadenfreude:its the german word for taking pleasure
in others misery.

Some people have this mental illness.

[wilagro]

cottonpicken: I don't think 'shadenfreude' applies in this particular discussion.

Shadenfreude: Might apply when I laugh at your discomfort when the price of gold slips down to about 3/4 of its present value.

[cottonpicken]

I hope it goes to zero so i can buy it all.

Have fun with your bank account full of monopoly
money.

[wd9]

And that's the danger with two things. Taking a strong position.
Including someone who does not have anonymity in this site and is quite public.

I'll talk to ya larry next time i get the chance face to face. I've done a poor job explaining my position as it is quite a large topic of how the 'classes' of farmers are treated. But its time someone did.

Perhaps an outstanding farmer could be determined by asset to debt ratio, not simply the wow they owe a lot of people money factor.

[freewheat]

wd9, I hear you. I have a neighbor who
farms 1000 acres, and does quite well.
But he is not outstanding, because he
has little debt, takes smart risks, and
runs old machinery.

Watching that video in light of the
result, is to me hilarious! I am sorry,
but I do find it very humorous. Is that
bad? lol
The outstanding nominees I would doubt
are put forward by their neighbors. But
John deere, Viterra, and most
importantly, themselves must be putting
their name forward. You must farm a
minimum of 10 000 acres, otherwise you
need not apply it seems.

Watching smug fellows brag, and then see
what a farce it all was is to me very
funny. Am I wrong? Only in terms of
feeling bad for the people these people
screw....

[phoenix64]

wd-9 these super farms are being glorified because someone has the balls and testorone to get up and get at er with the resources at their diposal, it is what made this country great. People recognize opportunity have the cash and equity to do it, but won't because they don't want to take a chance, low motivation or don't have the same piss and vinegar their ancestors did to get that farm where it is today. We got to teach our kids that is okay to take a chance, ride that bike without an f....in helmut, I am not in aggreement with the extent of some of these failures but it is because everyone else sitting back and waiting, (for what?) instead of recognizing that son, daughter or kid in the community that is ambitious that needs some good mentoring and some cash to get started, sit back be the banker make a good rate of interest and smile on their success.

[wd9]

Is it ballsy to do it with little of your own money
effectively having little to no personal risk?

Kodiaks original question is a good one. What are
the criterion? No one has even attempted to
answer but they all seem quite similar.

[freewheat]

Balls, maybe. Testosterone? Maybe. But
no brains. No ethical thoughts. All
based on lies. Period.

If one watches that video and sees the
lie, it is pathetic. Not everyone chases
this madness, because unknown to some,
not everyone is desperate to be
recognized as the biggest. Some people
need their egos stroked, some do not.
The ones who need them stroked, think
the rest of us are jealous of the guys
with "balls and testosterone."

I fail to see why people who are
criminals are praised for having
"balls". We are not all criminals
either.