South Africa Drought

[burnt]

Many of us in first world countries forget how lucky we are.
Going back to subsistence type farming is not likely to happen.
People here, including farmers, have never had it so good.

You've obviously never heard of EMP.

It could happen.

And you're quite right - likely most of the world's population would trade problems with us.

[furrowtickler]

Agree very much hopalong , but it's the entire Ag industry in western Canada that has been the biggest benefactor by far.
It is good for us as farmers that everyone involved in Ag is doing well but the Ag Industry has become very very fat off us and has no mercy on those who had very poor crops .
Farms in those areas this year will have a much different opinion on how "lucky" we are .
I would say people in the Ag Industry here are by far the luckiest. I see both sides , and agree we as farmers are very fortunate here but we also breath life into 10,000's of thousands of jobs that third world country farmers don't or simply can't .
So ya we are are fortunate but so are many thousands of people who work in Ag related jobs .
Farmers in North America or any "first world country" create a tremendous amount of wealth for others .

[hobbyfrmr]

Agreed.
Buyers are encouraging farmers to sign a basis contract but your left exposed to the futures price risk. Well yeah, but, this ensures you a delivery spot at the terminal......and there is this canola seed invoice that needs attention, and fertilizer prices are going to up. This years flavour is phosphorous because the hurricaines in Florida have interrupted supply.
Rhetoric drives the regular market. As stated before FSU and Somebidy else had a record crop so the world is still awash in wheat.
Western canada is experiencing suprisingly good wheat yeilds with excellent quality and its dry. Your rewad for top effort is a lower price.
Thank you, and please come again!!

[bucket]

Grow more ....get less....

[Guest]

And then all of a sudden it will be ,"holy **** , theres no hrsw left with px " like in june

[Hopalong]

Agree sometimes there are problems with the way a free market causes us to missallocate resources and make poor production decisions but what is a better system?
Government regulation is good to a point but worse when overdone.
Most first world countries rely on market system economies that have one or two per cent of us growing the food for all.
Like many others, do not like the trend to ever larger operations but think farmer agreement to produce less is not the solution.