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BA Deere
Honored Advisor

Re: local economies

First show me where anyone said that "farm support spending is good"?????? Hobby, you are putting words in people`s mouths to get them argue the way you want.  So you think that farm by you brought $11K because of farm subsidies???  Don`t you think 3 years of $8 corn has a little something to do with it???  But okay let`s quantify what you`re saying, a farmer really milking the system is getting a $35 direct payment(BTW a payment that may NOT happen this year and certainly NOT in 2014) then a $30 crop insurance subsidy, for a total of $65/acre.  Now that farmer will spend over $100/acre in SEED COST ALONE, you really think that farm that brought $11,000 would`ve only brought $3 or $4,000 a acre without crop subsidies???  I don`t think it would`ve been a nickel`s worth of difference, but I don`t know Jack.

Red Steele
Veteran Advisor

Re: local economies

Always amazed at the degree of vertical integration going on...building their own concrete plant?

 

I am sure that Bruce and Hardnox have several guys they drink coffee with that could duplicate the management ability in that entity....joke..I think NOT!!

 

r3020
Senior Advisor

Re: local economies


@hobbyfarm2145365 wrote:

Gee, no one answered the queation.............Why is one  bad govt spending but farm support are good govt spending.    We were  in a bad drought area but land sold last week for 11,500, purchased by a farmer. I guess its no problem with the govt (safety net) support programs .... a business venture that carrys no risk anymore. .  


The worst thing to ever happen to the small family farmer. Made the largest of the BTO too big to fail. Great for the greedy who wish to farm the county and any county laying next to him, bad for those who wish to make a decent living and look at their neighbor as a friend not the competition.

hobbyfarm2145365
Senior Contributor

Re: local economies

Your forgeting one thing is that subsidized  crop ins put a gurantee on a roi on that 11,000 land where other business don't have. .    Yes 8.00 corn as to  do with land prices also  but crop ins puts a taxpayer guranted indemitity floor under such purchases without it no lender would back such risky ventures   Just think what would happen with a 2 yr drought with out these govt backed ins guranted policies .   Crop ins plays a big source of revenue for today modern farmers. 

johnaa
Advisor

Re: local economies

   There is no difference--"Why is one  bad govt spending but farm support are good govt spending."

 The government spending orifices are all trees, lots of trees, all part of a socialist fiat system, central planning and control,-- they create fiat bucks out of nothing and use the distribute it to those who follow the game.  You don't follow orders, you get run over.    It's a forest grown from fascist seeds and it's producing more seed.   

 

  Hmm, who's playing around with the program--speil check??   Truely funny

 

  

BA Deere
Honored Advisor

Re: local economies

Hey Hobby, I am 100% serious and honest when I say, I would have MORE revenue were there never a gov funded crop ins.   For one thing the "$8 corn" we`re talking about would be "$12 or $15 corn" if the acres weren`t planted last yr.   Also 10 million acres of corn come from "fringe acres" where some hillbilly plows up his pasture and spends the summer figuring how to attach a cornhead to his cottonpicker.  Now, he may get a 100 bushel crop half the yrs he row crops it, but his banker would tell him to leave it in pasture without a crop ins guarantee.  The "90-100 million acres" of corn would come without crop ins, but at $12 corn to make the risk pencil out for the banker.  Anyway you cut it, to only winners from crop ins is the consumers, lenders and politicians that keep getting re elected because "hamburger stays at $3/lb".

buckfarmer
Senior Contributor

Re: local economies

Be carefull BA it's not politically correct to call us hillbillys nowadays. We are now to be referred to as Appalachian Americans.
buckfarmer
Senior Contributor

Re: local economies

Almost forgot. I never had a cotton picker. But did spend the first few years trying to figure how to use my tobacco setter to plant corn.
BA Deere
Honored Advisor

Re: local economies

Whoa! I didn`t know you guys were on the internet yet Smiley Very Happy  You`ll have to excuse me Buckfarmer, I`m jealous of your weather, this winter is dragging on too long, you know it`s nothing for our furnaces to run at least once every month, even in the summer.  But you see what I have to put up with on the forum, some of these guys think farming is so easy, it`s not like a cushy teacher job.

buckfarmer
Senior Contributor

Re: local economies

We don't have the good Internet. Have to use satellite or cell signal. So still no cable TV either. But our weather is still a long way from planting. We have had enough rain and snow but we dry out pretty quick. We were pushing the northern limits of tobacco county.