Trade: 13,560 bushels of wheat for a new 240hp tractor

[AlbertaFarmer5]

That’s what I would make of it too. It would be interesting to show population on the graph and see how that curve goes as well.

IN fact, if I cherry pick the dates like the global warmunists do, and start at around 1980ish, the graph is flat at best, with possibly a slight uptick. That goes against everything else that was written in the article.

[AlbertaFarmer5]

As per-bushel and per-acre margins fall, the solution is to cover more acres.* The inescapable result is fewer farms and farmers."

What about that quote, we all know it's true but the advances in machinery and technology has enabled it also.

It is true, and regardless of what statement you preface it with, the last part is still true, it is called progress, and technology, and it has been occurring since the beginning of the industrial revolution.

[grassfarmer]

Funny, in any other industry or sector, efficiency gains are something to be celebrated, yet for some reason, when it is farmers making the quantum leap in efficiencies, it is a crisis?

It is noteworthy that he managed to curve fit the inflation adjusted wheat price with what appears to be exponential decay. Indicating that the decline in the buying power of wheat is getting slower, and appears to be approaching zero, ie. it is keeping pace with inflation better than ever in the 150 year history used in the graph, and may equal inflation soon if the trend continues. As a producer, I'm not sure why that should be constitute a crisis? As a consumer though, I would be wondering where this is headed, and what my food will cost in the future, wouldn't it indicate that farmers abilities to increase production and lower costs are eroding?

Geez it's hard to figure you guys out - the last 5 threads about wheat no-one seemed happy with the price, now you're celebrating them being so high? Like the long running woe is me story about farm profitability only punctuated by the brief uproar at the suggestion of possibly having to pay increased income tax on net profits of over $200,000.

[Guest]

Input Capital Corp has a special program where you exchange your canola, farmland and machinery for canola seed, agronomist advice, fertilizer and all the proper ‘cides to grow a huge canola crop.

that is really good.
send it to gormley

[AlbertaFarmer5]

Geez it's hard to figure you guys out - the last 5 threads about wheat no-one seemed happy with the price, now you're celebrating them being so high? Like the long running woe is me story about farm profitability only punctuated by the brief uproar at the suggestion of possibly having to pay increased income tax on net profits of over $200,000.

You responded to my post, but I don't think I fit into the you guys category, I don't come on here complaining about prices, more likely calling out those who do. Recent years have been very profitable around here, and judging by the the money people spend, as compared to the whining that they do, there must be profits elsewhere as well.

[hobbyfrmr]

As per-bushel and per-acre margins fall, the solution is to cover more acres.* The inescapable result is fewer farms and farmers."

What about that quote, we all know it's true but the advances in machinery and technology has enabled it also. My question is This- If we entered an era of more profit per acre / per head would you reduce the size of your farm, continue status quo and make more money or expand further as less risky?

I often think it would be nice to cut things in half and enjoy non farm life more but I know I would not slow down.

Next year I will cut my seeded acres in half, this way I can hope to break even because I could really use the money.