Listened to the farm market report from standard grin yesterday and he was saying that Brazil is going to develop an additional 99 million acres of farmland in the next ten years. That does not bode well for grain prices.
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I wouldn't worry to much about that.... Be more worried if the loonie left is still in charge here in 10 years!!!!
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Originally posted by Taiga View PostIt’s a lot of work and cost making farmland here, I wonder how it compares with down there with much bigger bush and trees and stumps
And complete lack of infrastructure to get the grain to port.
And no winter and frost to break disease/pest cycles and compaction.
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Originally posted by AlbertaFarmer5 View PostAnd much greater need for fertilizer to make it produce in the first place.
And complete lack of infrastructure to get the grain to port.
And no winter and frost to break disease/pest cycles and compaction.
I maintain that our COP can and should be lower than South America. We just choose to bid up land costs instead.
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Originally posted by AlbertaFarmer5 View PostAdd to that all of the political obstacles. Corruption, squatters, security costs, currency fluctuations, tax burden when ag is the only tax base, the threat of nationalization. No domestic supply of most of the required inputs, high interest rates, no safety nets.
I maintain that our COP can and should be lower than South America. We just choose to bid up land costs instead.
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Originally posted by AlbertaFarmer5 View PostAdd to that all of the political obstacles. Corruption, squatters, security costs, currency fluctuations, tax burden when ag is the only tax base, the threat of nationalization. No domestic supply of most of the required inputs, high interest rates, no safety nets.
I maintain that our COP can and should be lower than South America. We just choose to bid up land costs instead.
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I think Brazil has a huge problem with productive land being gobbled up by cane which goes into ethanol production.
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