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Veteran Advisor
Posts: 4,045
Registered: ‎02-11-2013
0

north south east west

Well after a headache trying to figure out
The farm bill and usda things are going
to be bad thru 2019....

My question is, what is done in other
Countries?

South America, Canada, Europe etc.

Do they have direct payments, some
Type of price support system (hopefully
Nothing as bad as this one) or anything
At all.

Maybe it will make us feel better or worse.

Also hear alot, but what's the plan for
The next couple years, cut seed or fert,
Use cheaper chemical, keep the tractor or
Pickup an extra year, learn and use the
Market, send wifie to town to work, or
Go there yourself, keep things the same
And roll the dice, or quit.
Honored Advisor
Posts: 2,810
Registered: ‎04-29-2011
0

Re: north south east west

Just a word of advice.......if you plan to quit, don't be the last one to have a farm sale.

Senior Advisor
Posts: 4,440
Registered: ‎06-19-2011
0

Re: north south east west

If you own your land, there is always the option of cash renting it out.

Highlighted
Advisor
Posts: 1,937
Registered: ‎05-13-2010

Re: north south east west

if you can't handle a year or 2 of losses after the last 5 good years you might want to bail.
Veteran Advisor
Posts: 4,045
Registered: ‎02-11-2013
0

Re: north south east west

Who said the last 5 years were good
Drought
Freeze
hail
Advisor
Posts: 1,937
Registered: ‎05-13-2010
0

Re: north south east west

they were here the best stretch we ever had
Honored Advisor
Posts: 17,363
Registered: ‎05-13-2010
0

Re: north south east west

Well, a year from now if we`re talking "$2.75-$3.25 corn" and oil is $45 that is no way seedcorn will still be $250/bag, $50/bag bean seed, $300 28%, $440 potash...the inputs will have to go down, probably drop in half.  And that is going to be interesting how that will exactly happen.

Advisor
Posts: 1,937
Registered: ‎05-13-2010
0

Re: north south east west

potash is 500 dollars here and most bean seed is $60 and up
Honored Advisor
Posts: 17,363
Registered: ‎05-13-2010
0

Re: north south east west

NWOBCW, bean seed is really the head scratcher, if we are expected to raise $9.00 beans instead of $13 in the past.  Bean seed should also be 30% cheaper, $38 instead of $55.   I heard fertilizer is going down in June.  I`m afraid it`s going to be tough for seed companies to cut their costs, because too much of their expense must be in areas other than the production....but they`ll have to, just like us.

Advisor
Posts: 1,937
Registered: ‎05-13-2010
0

Re: north south east west

yes it's going to be interesting