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Sask Gov's request to up CCGA advance

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    #11
    I agree with most this is a stupid idea.

    But like I said farmers get loans and USELESS Companies get Cash.

    The used car salesman explanation is so on track.

    The Cash advance is a good program. It has a place, it is a tool in a farmers toolbox.

    But adding more debt is not the answer.

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      #12
      Borrow more money that has to be paid back, what could possibly go wrong? 🤔

      I personally think it’s time for a correction, a reckoning, the second coming of christ or whatever you want to call it.

      Sometimes the best way to flush out a wound is to let it bleed a little.

      Control, Alt, Delete can fix a lot of things.

      Just my thoughts.

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        #13
        Originally posted by wd9 View Post
        Who ever said the price of commodities has to go up to match the lavish way many farmers choose to farm? Completely ridiculous.
        So farmers are supposed to languish in the stone age while the rest of the industry forges ahead with comfort and technology lavishly heaped on them? Remember which group is the hub of this Agriculture Wheel.

        Comment


          #14
          This problem was caused by the problematic relationship of our government and the Chinese has nothing to do with the quality of our product.

          The opposition and provincial government have no viable solution only the same old ideas that have made our industry weaker.

          Replacing lost income with a loan?? Which other part of the business of farming or politics will do that? Will any of them take a 25% loss in revenue and replace it with a temporary loan and say hey that shire fixed the loss? Lol that’s the solution our sask party has for farmers. You can only take a percentage of the value of what you have also, we need to sell it may as well sell it at a loss we will get the same amount of money or more than an advance and not have a loan hanging over your head. Cash cash cash
          Why isn’t our government just saying submit your sales we ll make up the difference? That would be too easy.

          There has never been a better time to scrap the agristsbikiry program. Our provincial government and the conservatives are saying this is a crisis which it is. Why is it a crisis if we had agristsbikiry? Because it doesn’t work they admit it doesn’t work yet unbelievably their solution is let’s tweek it. Wow. We don’t need the money next year for one thing. Seeding is right here. Already some guys credit cancelled due to not being able to deliver canola. Can’t even sell it for a loss.
          Last edited by the big wheel; Mar 30, 2019, 08:25.

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            #15
            Take out as much cash advance money as you can.....go straight to Ritchie Bro and start buying....worry about paying back later.

            Comment


              #16
              Originally posted by wd9 View Post
              Price of canola hasn't changed in 5 months. How have you lost money?
              Local Pioneer Richardson, Oct 30 closing price on nearest month was 10.50. Yesterday posted closing price was $10.19, buyer said that offers 10.25 or higher than that were being picked up during the day. Hardly the catastrophe everyone is making it out to be.

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                #17
                Originally posted by wd9 View Post
                Price of canola hasn't changed in 5 months. How have you lost money?
                Are you f$&king serious ???

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                  #18
                  Alberta what are you not getting.

                  what’s going on our price should be up with the USA and China problems with soy and trade.

                  We have a idiot in Ottawa who ****ed up a great end of the season Runup with prices.

                  But no we are now going to crash and burn this year.

                  10.19 is piss poor -11.25 150000 for basic math would have been clipped if not sold sooner.

                  And remainder another 100000.

                  But farmers aren’t losing anything keep buying fert and seed and chem.

                  Ah farmers are a stupid breed.

                  Me myself and I.

                  Not one strong industry

                  Let’s give us more loans

                  Comment


                    #19
                    I didn't take the cash advance this year, and wasn't planning to, no canola sold or priced, just started pricing other grains. Prepared to keep the canola for a year or 2 if necessary, which would require building more bins. So, I could use the cash advance to build bins, and pay it back when selling the grain in them eventually. Except somehow need to roll the cash advance into the next year by paying it off then reapplying. And if the grain is still in the bins, then repaying without receipts results in interest penalties. No point in taking an interest free loan if I have to pay interest anyways if this issue isn't resolved by the end of September. So, what I would rather see is an extension to the deadline for repayment for grain in storage, until this issue(s) are resolved. The program works good if you sell grain within the year, but some of us are willing to store grain for multiple crop years to get a better price, and it is not at all useful for that.

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                      #20
                      Originally posted by SASKFARMER3 View Post
                      Alberta what are you not getting.

                      what’s going on our price should be up with the USA and China problems with soy and trade.
                      Yes, seasonally, we should be seeing stronger prices from here on out as compared to the harvest glut. And we should have been taking advantage of the US trade issues by filling in the gaps. But to listen to everyone on here whining, one would have thought that we were multiple dollars lower than before this all started, and getting worse by the day.

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