Agristability Industry advisory?

[bucket]

Are these changes or have they always been in effect?

Contract buy outs as eligible expense?

Water hauling expenses ?

No penalty on herd reduction?

[iceman]

Are these changes or have they always been in effect?

Contract buy outs as eligible expense?

Water hauling expenses ?

No penalty on herd reduction?

Why should buy out expenses be a line idea?

It’s like dropping off an alcoholic at rehab but first filling his pockets full of testers

Iceman out

[BreadWinner]

The grain companies won't let guys off on any contracts if they know the gov will pick up the tab with agstabilty.

[iceman]

So if you did a more risk free sale through the market but still lost, is that not tax deductible?

Ya lets use market to market accounting on any old crop sold in the last 5 months than and apply that loss to Agristability.

[the big wheel]

Ya lets use market to market accounting on any old crop sold in the last 5 months than and apply that loss to Agristability.

It just shows the insanity of this program!!! Fuucking
Around with these variables that shouldn’t be included
To determine a payment while a legitimate drought
Won’t be dealt with for those that didn’t make these
Foolish marketing decisions? I was going to sell
My canola to grandma for 100 bucks a bushel??? Tell
Me what stops me from submitting that expense?

Still haven’t dealt with all the corruption with people
That buy inputs and declare them all for this year
But actually are being used next years crop.

And when canola goes up or down by 2 bucks
In a matter of weeks which value is used?

This program is only good for accounting firms
farms that had Mega crops in the last 5 years
and don’t need the money
And for farms that are crooked.

Won’t do anything for the most areas in need
That have suffered multi year losses to
Legitimate losses such as the weather!!!

[the big wheel]

I wonder if the contract expense isn’t
A measure to save input capital and rhe
Sask party friends involved in that scheme
They forward contract everything don’t they?
Would have had mega bushels locked in at almost
Half the market and now no canola?

[bucket]

Any help on contract buyouts is a subsidy.

Who do you guys think funds agristability? Hint taxpayers.

That's government help....everyone should get the same consideration.


If a guy gets help his $100000 early contract buyout cost shouldn't every farmer that was more conservative with his marketing plan get the same...

Or is he suppose to get it from the market?

Early contracts were attractive. But I had signed a contract in harvest 2019 after I had started a field...never finished till the spring of 2020...

That was enough of "don't count your chickens " experience I needed.

Won't do it again... unless it's in the bin from the previous harvests and the crop in the ground looks OK .

[Sodbuster]

Farmers with any amount of unsold grain as of December 31, 2020 will most likely not qualify for agrastability. Old crop sold in 2021 will be calculated for the price sold minus what the ending value as of December 31, 2020 and that number will show as 2021 income.

I’m sure glad I dropped out of this program years ago, with 80% crop insurance Agrisilly will never pay out.

[bucket]

Latest announcements are all backroom lobbying. FN bullshit.

[sumdumguy]

Dirty, the whole purpose of inventory adjustment is to keep the income in the year it was generated. This is no end to the insanity.

[bucket]

Why not open it up for everyone until December....They don't look at the forms until next year anyway. They should use crop insurance prices and then compare them with today's and do the potential losses. Thats the real number as to what farms are losing..

Although if there was a crop ...wheat and durum wouldn't be at these lofty levels.

[Guest]

Farmers with any amount of unsold grain as of December 31, 2020 will most likely not qualify for agrastability. Old crop sold in 2021 will be calculated for the price sold minus what the ending value as of December 31, 2020 and that number will show as 2021 income.

I’m sure glad I dropped out of this program years ago, with 80% crop insurance Agrisilly will never pay out.

But , but , but chuck says it works good
It will save the west lol