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Farmers watching $$ more

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  • iceman
    Senior Member
    • Dec 2014
    • 751

    #11
    Originally posted by bucket View Post
    farmaholic

    The prize fighters will get another shot. They have to ....someone lent them the money in the first place?

    Would look bad for the lending CSR...NO?
    Banks are getting spooked with op credit not revolving. Guys are being told to clean in up.

    New prize fighters born everyday they can send the old ones to the glue factory.

    Iceman out

    Comment

    • burnt
      Banned
      • Sep 2009
      • 3918

      #12
      Originally posted by iceman View Post
      Banks are getting spooked with op credit not revolving. Guys are being told to clean in up.

      New prize fighters born everyday they can send the old ones to the glue factory.

      Iceman out
      Harsh, but true.

      Old Nag out.

      Comment

      • dalek
        Senior Member
        • Oct 2000
        • 1553

        #13
        Interesting. Talked to a local salesman today, he can’t keep up with the demand for 30-40 hp estate tractors for the local winery folks. And every time he sells one he has to fill out the paperwork so they can get $1000 cash back from the government for promoting tourism. Which isn’t bad on a $35,000 tractor considering many of these people only use the “farm” for a write off anyway, but now taxpayers are paying for part of their lawn mowing

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        • grefer
          Senior Member
          • Nov 2002
          • 337

          #14
          Has anyone heard all this before. Most of the prize fighters in our area will be around for quite awhile yet.

          Comment

          • hobbyfrmr
            Senior Member
            • Feb 2008
            • 3177

            #15
            I have to side with grefer. Plenty of farmers describe their woes then others in the circle contribute. This is how they measure up the neighbors/competition. A cup of coffee or a few beeers are inexpensive insight.

            My FCC rep told me that all of her farm accounts are current. This is a good sign. I cant argue with it.

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            • dalek
              Senior Member
              • Oct 2000
              • 1553

              #16
              Originally posted by hobbyfrmr View Post
              I have to side with grefer. Plenty of farmers describe their woes then others in the circle contribute. This is how they measure up the neighbors/competition. A cup of coffee or a few beeers are inexpensive insight.

              My FCC rep told me that all of her farm accounts are current. This is a good sign. I cant argue with it.
              Most of the more serious pain around here is the self-inflicted type from guys who bought into the “$7 corn is the new normal” talk and either forgot or never knew that the prices we have right now are still pretty decent historically. Now they’re starting to realize why folks shook their heads at taking on $70-80/acre (or more) in new paint payments

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              • farmaholic
                Senior Member
                • Sep 2010
                • 17471

                #17
                Pretty solid area here in the Slum of the Ghetto....

                But I did say "some, who are on the ropes".... but some old Golden Glove heavy hitting Pros are just waiting to mop up the blood.... LOL. KEEP YOUR GUARD UP.
                Last edited by farmaholic; Feb 20, 2018, 12:41.

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                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485

                  #18
                  Got the mop ready and their is going to be lots to mop up. Farming is about timing

                  Comment

                  • bgmb
                    Senior Member
                    • Jan 2007
                    • 1645

                    #19
                    Originally posted by SASKFARMER3 View Post
                    Got the mop ready and their is going to be lots to mop up. Farming is about timing
                    Thought you and Klause were moving to Argentina cause Canada is so shitty now esp since we have a liberal ag minister instead of the great Gerry!! seriously though you are right timing is everything.

                    Comment

                    • helmsdale
                      Senior Member
                      • Nov 2014
                      • 2127

                      #20
                      Originally posted by SASKFARMER3 View Post
                      Got the mop ready and their is going to be lots to mop up. Farming is about timing
                      Huh. At one time this game used to be about providing for ones family. Not "mopping" up the pieces of someone else's misfortune to expand your own fortune.

                      Trust me, I won't shed many tears for those who have flapped their gums around town, but many who have simply tried to do the right thing are going to get caught up in this mess. Dear God I hope It's not me.

                      If it Is, it'll be entirely beyond my control... personal expenses are BARE BONES, equipment is paid for, vehicles and house(If you call a mobile home that) are paid for, but every acre is rented because purchasing it is completely beyond my means, and I'm paying on some bins because every acre comes complete with 0 bushels of storage. I've tried to play within the rules as beat I can. I sure hope the outwardly appearing well healed neighbors aren't secretly waiting to "mop up."

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