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because they matter????

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  • bucket
    Senior Member
    • Jan 2008
    • 17028

    because they matter????

    Irving gets a couple more ships to build because it might mean layoffs id they don't ...

    And the coast guard needs some new ships...

    And we in Western Canada couldn't use a little money for running through the economy????


    Interesting little footnote ...I think these ships are built out of steel ....which also got a couple billion promised and delivered...so maybe they should have announced the shipbuilding project earlier therefore not having to help both industries....
  • furrowtickler
    Senior Member
    • Dec 2004
    • 21938

    #2
    Trudeau’s little besties 👯...

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17482

      #3
      Part of me would like to see a reset in Ag, back to reality!

      God I hate this Industry.

      Sometimes it feels like I'm volunteering..... working for charity, yet under appreciated and not thanked and taken for granted.

      How many billions(?) did Western Canadian farmers bury in the ground this spring? We should have said "**** it".

      Cheap talk when you have to grow a crop to raise the family, pay the mortgage and rent and equipment loans, etc.....

      Comment

      • rumrocks
        Senior Member
        • Mar 2018
        • 1169

        #4
        Originally posted by farmaholic View Post
        Part of me would like to see a reset in Ag, back to reality!

        God I hate this Industry.

        Sometimes it feels like I'm volunteering..... working for charity, yet under appreciated and not thanked and taken for granted.

        How many billions(?) did Western Canadian farmers bury in the ground this spring? We should have said "**** it".

        Cheap talk when you have to grow a crop to raise the family, pay the mortgage and rent and equipment loans, etc.....
        Mother nature may give us a partial reset this summer with reality setting in this coming winter . . . . .

        Comment

        • Horse
          Senior Member
          • Dec 2003
          • 1930

          #5
          The Flip Willson syndrome ,THE DEVIL MADE ME DO IT. My uncle always told me if you dont have any expences you dont need any income. I know that is simplistic but it has merit ,do I realy care if the fert,equipt,truck, dealers have to sell their cabin at the lake because I buy very little of there product,not a damm bit.
          I guess it would be nice to run that newer bigger equipt,but by what is said on here its not all roses,I supose if you dont worry about things that would help,but I like to own what I own and do most all my own work. Cant do that and farm bigtime also.
          It also helps to be a senior ,less need to be a bto. Who would have thought you could ever sell and be a millionaire,so thanks to all those btos for putting me in that position. I rember when good land was $100 per acre,and you still may have had trouble keeping it. $200 with a good set of buildings,ah the good old days????

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17028

            #6
            Originally posted by Horse View Post
            The Flip Willson syndrome ,THE DEVIL MADE ME DO IT. My uncle always told me if you dont have any expences you dont need any income. I know that is simplistic but it has merit ,do I realy care if the fert,equipt,truck, dealers have to sell their cabin at the lake because I buy very little of there product,not a damm bit.
            I guess it would be nice to run that newer bigger equipt,but by what is said on here its not all roses,I supose if you dont worry about things that would help,but I like to own what I own and do most all my own work. Cant do that and farm bigtime also.
            It also helps to be a senior ,less need to be a bto. Who would have thought you could ever sell and be a millionaire,so thanks to all those btos for putting me in that position. I rember when good land was $100 per acre,and you still may have had trouble keeping it. $200 with a good set of buildings,ah the good old days????
            It doesn't bother me to drive newer equipment ...what bothers me is losing time because of shitty components in the tractor ....have lost 3 days of seeding due to a broken pin connector and a faulty sensor.....lose my mind at the local higher ups ...yup.... then at whoever calls from John deere....

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17482

              #7
              It would be interesting to know....

              If you took about 5-10 different businesses of the same size(annual gross income) and compared how much of that gross gets retained by the company/owners. How would Ag compare?

              In the comparison, the companies would have to be in similar financial position(debt, etc).

              And the increase in wealth of farms due to land appreciation is nothing but luck! Some good times and investor driven markets pushed them up. Gotta love the people who make it worth the Investor's time to park their money in farmland (or some of it and have the tennent in essence help make the mortgage payments with the rent or crop share). Give your head a shake.

              Comment

              • LEP
                Senior Member
                • Feb 2007
                • 2505

                #8
                Originally posted by farmaholic View Post
                It would be interesting to know....

                If you took about 5-10 different businesses of the same size(annual gross income) and compared how much of that gross gets retained by the company/owners. How would Ag compare?

                In the comparison, the companies would have to be in similar financial position(debt, etc).

                And the increase in wealth of farms due to land appreciation is nothing but luck! Some good times and investor driven markets pushed them up. Gotta love the people who make it worth the Investor's time to park their money in farmland (or some of it and have the tennent in essence help make the mortgage payments with the rent or crop share). Give your head a shake.
                I think you might be surprised on how ag stacks up quite favorably, when comparing per cent net margin of sales to other businesses.

                The big difference comes when comparing the amount of capital to generate that margin. You have millions invested and the other businesses might have a couple hundred thousand invested.

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17482

                  #9
                  Good point regarding it being capital intensive. Risk is stoopid too. But at least there is "some" insurance....just in case. Maybe the fact insurance exists for farming says something too.

                  Comment

                  • sumdumguy
                    Senior Member
                    • Mar 2007
                    • 11989

                    #10
                    Originally posted by LEP View Post
                    I think you might be surprised on how ag stacks up quite favorably, when comparing per cent net margin of sales to other businesses.

                    The big difference comes when comparing the amount of capital to generate that margin. You have millions invested and the other businesses might have a couple hundred thousand invested.
                    Or they may only have a briefcase and a computer.

                    Comment

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