Friday Coctail a day late and a dollar short.

[biglentil]

Sentiment is always the best indicator. We are somewhere past the peak of the market bubble. "When the tied goes out we get so see who is swimming naked!" Anyone seeing anything?

[Grain Farmer]

We have a war . The Russia Ukraine battle is still taking market share and we as Canadians have a government funding both the war and the rebuild of infrastructure.

We don't build our ports so Nutrien goes to the USA.

We are being governed by retards.

When war started every one thought that Ukraine would not seed or export anything.
25 buck canola here to stay.
Now only news from their is when libs give more $$ to zelinsky.

[DaneG]

Seems to me that the crow rate lasted until the mid nineties.

[blackpowder]

Legislative changes began in 83.
End and payment 95.

[blackpowder]

I wish I wasn't old enough to remember the 80s.
Class of 82 so didn't get totally burned but I remember many who did. So much so that I couldn't believe what was happening the last 20 years even while living them.
Land falls in half every 50 years it seems. Makes us due by '31.
Takes 20 years to recover.
Corrections always come.
How big and how long tbd.
Will the landscape vastly change again like the last times? Anything possible.
But I do hear a lot of people who don't know what "never" looks like when it comes.
Land here will always be farmed by somebody. Always by someone with enough capital.
Are there similarities today? Absolutely, and I point them out to the younger.
It may be that anyone in their 40s today will be in their 70s when it turns around. Sobering hey?

Difference today is no job can pay these bills, just the living.
And living standards won't regress.

[AlbertaFarmer5]

Our youngest son just entered the workforce. And what a time to be a qualified hard working young person. Took one resume and a half hour to get a very good paying job.

We were discussing how to invest/save/spend his earnings. I suggested saving up for land. He countered that it is completely out of reach. I offered that this may be the first time in decades that saving to buy productive real estate will be the right play. Rather than real estate inflating faster than savings can grow.

[fjlip]

Blow off phase any time soon...cash flow demands and no hope in sight!


Remember in the late 80's, rent to pay the taxes...

[sumdumguy]

If it weren’t for lentils and Canaryseed we would not have survived the dirty eighties.

[GALAXIE500]

Don't forget the incompetence in the last few years.

The flax market was handed to Khakistan. Europe hasn't come back.

There is no export sales reports in Canada because those responsible for advancing it to the government refuse to understand the need.

We have idiots that think signing trade deals all over can fix the loss of the USA market. What most don't understand is - the countries signing with Canada will be infilling our share to the USA. Never to return to Canada.

R&D is great but we are not moving what we have now.

Billions spent on irrigation that only helps a few. As far as more home grown crops - it's a fallacy - example how does a company in Saskatchewan grow carrots against a country that can get them into Canada packaged for less money. Lower inputs and better weather to grow them. But paying Monette to rot carrots makes sense????

And then there is the 50 billion handed out to American farmers in the last few years. If Canadian farmers think their farm should compete against the US treasury - they have rocks in between their ears.

Dairy farmers are getting an increase in their milk prices. That is one commodity that never goes down.

Then there is the support for every other industry. Algoma over the last 2 decades has been bailed out to the tune of billions.

The auto industry takes advantage of idiot ministers who are illiterate.

As so on and so forth.

When agriculture is forgotten in a country , it eventually fails.

Russia was once one of Canada's customers, now it is a competitor . Same with Ukraine and they are fighting each other and still grabbing market share.

And the final point - Canadian farmers do not have an effective lobby.

Russia was one of our customers but from what I had read a number of years ago , they still owe us for wheat sales in the 70's that they didn't pay back. We don't need customers like that in my opinion.

As far as a farm lobby , you are exactly right. Nobody can agree on anything , and we shoot ourselves in the foot continually.

[bucket]

Galaxie500

Latest article in WP says APAS and Saskcrops are not looking for an adhoc payment .

Really makes you wonder when the southwest RMs are troubled with dryness. They have asked , no one is listening.

In the States they look at a more localized system to send help. Not in Canada.

Well, unless you are dairy, then it's for everyone , maximum payment.

Look at BC, FFS, they flooded that out years ago and have made no progress preventing what everyone says is inevitable.