53% of farmers APAS survey!

[woodland]

I don’t know about you guys but my lender will still gladly lend me enough to sink myself. Are these folks with credit issues the same perennial ones every year? Just asking .......

[GDR]

I don’t know about you guys but my lender will still gladly lend me enough to sink myself. Are these folks with credit issues the same perennial ones every year? Just asking .......

I wonder that too, not sure what's worse a bank willing to give you more than you can pay back or a bank not giving you money when you need it to keep operating.

[STR1]

maybe smaller farmers , who knows, the trend on everything else seems to be backtracking with this china flu?

I’ve been thinking about that exact same thing. Seems everyone is talking about larger gardens, shop local at small shops, mind set in general seems to be going back to be more self sustaining? Will that mind set last long past the end of Covid.....who knows?

[tweety]

I could use government handout cash for seeding. Why is the number only 53%?

47% of the farmers not familiar with economics?

[AC man]

Lots of input credit farmers around here. When that well dries up and all that rented land hits the market....look out below!
How willing are lenders going to be to extend more credit in these uncertain times?
I've had good luck moving the crop so far, but there is still crop in fields out there and probably less of it will be harvested and cheaper priced in some cases. Extra cash?....I see credit tightening up.

Is this going to lead to even bigger farm consolidation?

I could also see this going another way with no more credit available for a lot renting land. There may not be any takers for this land, some rented for taxes or not farmed at all. Land prices will plummet and with no buyers it will be bought for the taxes with cash only. Cash is king! History seems to repeat so are we going to see the “30s” again. Sure hope not but time will tell!

[the big wheel]

So here’s rhe dilemma small picture whether farms will survive big picture will
There be world shortage of food (wars).

As long as a farmer has equity get the crop in the ground. Others are getting money not
Loans????
Crop might be worth 30% more in the fall if other countries can’t produce and can buy. Crop might be worth 50% lesson the fall if can’t move it or no one can buy it. Or worth nothing.

So tell me which one of these is rhe most important? And with crop at 50% how many are viable? Nobody knows any of this except everyone will know if acres go unseeded and there is a drought or flood and food is short everyone willl know who didn t take care of that situation.

[bucket]

I don’t know about you guys but my lender will still gladly lend me enough to sink myself. Are these folks with credit issues the same perennial ones every year? Just asking .......

Not to be ignorant. ...but is your farm that secure to compete against the close to 70 billion CDN that trump has sent US farmers....

You will be getting lower prices while the US rancher is made whole....

Thought some would have learnt from BSE and what it did ....

If borrowing is the prerequisite of success ....carry on.

[tweety]

So here’s rhe dilemma small picture whether farms will survive big picture will
There be world shortage of food (wars).

As long as a farmer has equity get the crop in the ground. Others are getting money not
Loans????
Crop might be worth 30% more in the fall if other countries can’t produce and can buy. Crop might be worth 50% lesson the fall if can’t move it or no one can buy it. Or worth nothing.

So tell me which one of these is rhe most important? And with crop at 50% how many are viable? Nobody knows any of this except everyone will know if acres go unseeded and there is a drought or flood and food is short everyone willl know who didn t take care of that situation.

Well its probably better to have the crop to sell, then if option 1, the 30%, happens, at least you can make money. The other way no matter what happens you lose.