JMJ Farms":jpl7iril said:I would say it's probably true. And before I get hammered for this post let me be clear. I AM A FRIEND OF THE FARMER. I THINK THEY PLAY A VITAL ROLE IN OUR COUNTRY. I HAVE MANY CLOSE FRIENDS WHO ARE ROW CROP FARMERS.
All my life I've heard farmers poor mouth and bellyache. Yet I've watched them buy more and more land. Constantly buying it, cleaning it up, putting up more pivots. You can't compete with them around here. They live in the biggest houses, garages, and swimming pools. They drive new trucks every other year. Their wife gets a new SUV every year. They have the biggest, nicest R series tractors and turbo tills, combines, cotton pickers, utvs, etc. some have a lot of debt. Some have very little. My point is, if things are so tough, who's paying for all this stuff? I know some still work hard and I personally hope they all make millions. I like to see people do good. Farmers in my area are doing fine. The ones that aren't can be attributed to poor management. But they still poor mouth.
Proof is in the pudding.
Bright Raven":c8r7luwj said:JMJ Farms":c8r7luwj said:I would say it's probably true. And before I get hammered for this post let me be clear. I AM A FRIEND OF THE FARMER. I THINK THEY PLAY A VITAL ROLE IN OUR COUNTRY. I HAVE MANY CLOSE FRIENDS WHO ARE ROW CROP FARMERS.
All my life I've heard farmers poor mouth and bellyache. Yet I've watched them buy more and more land. Constantly buying it, cleaning it up, putting up more pivots. You can't compete with them around here. They live in the biggest houses, garages, and swimming pools. They drive new trucks every other year. Their wife gets a new SUV every year. They have the biggest, nicest R series tractors and turbo tills, combines, cotton pickers, utvs, etc. some have a lot of debt. Some have very little. My point is, if things are so tough, who's paying for all this stuff? I know some still work hard and I personally hope they all make millions. I like to see people do good. Farmers in my area are doing fine. The ones that aren't can be attributed to poor management. But they still poor mouth.
Proof is in the pudding.
Mike
I think a lot of them are sitting on huge debts. Our nation looks rich too but that is also a function of huge annual inflows of barrowed money. As long as there is sufficient cash flow to service the debt, it is a thrill looking like you are rich.
Recently China announced they are going to zero tariffs on some Asian countries when it comes to soybean imports. Many analysts including Nellinger and Flory say that will likely result in those countries becoming hubs for soybean imports from the U.S.
"They're gonna keep buying beans," Flory said adding that U.S. soybeans will just flow through other countries. "I mean, hello, the Philippines, you're a hub."
In addition, China is going to reimburse companies the tariff on soybeans bought to go into government reserves. Those reasons combined with more than a $1 advantage over Brazil on soybean prices are leading analysts to believe tomorrow's report could turn out to be underwhelming.
"So it may not be as big of a change [as we thought it might be]," Nellinger said.
JMJ Farms":4i4nfljp said:Stumpage prices on pine pulpwood here are around $10-11/ton right now. A 2x4x16 at the builders supply is $11. I know that a 2x4 doesn't come from
pulpwood. Only used as an illustration. As Ebenezer mentioned, for this to change we've got to stop Canada from importing this cheap wood into the US. Things may have to get worse before they get better. It didn't get screwed up overnight and it's not gonna get fixed overnight. Buts it's got to start somewhere and I think these various tariffs are a good place to start.
Looks like corn prices down here are up considerably over the past few years. Farmers that have a good corn crop should make money....and don't forget that good ol' crop insurance. Saw some fields the other day that had just been cut adn they all had that four rows in the middle of the field that belong to the insurance man. :banana:Bestoutwest":36r4np9s said:Bright Raven":36r4np9s said:JMJ Farms":36r4np9s said:I would say it's probably true. And before I get hammered for this post let me be clear. I AM A FRIEND OF THE FARMER. I THINK THEY PLAY A VITAL ROLE IN OUR COUNTRY. I HAVE MANY CLOSE FRIENDS WHO ARE ROW CROP FARMERS.
All my life I've heard farmers poor mouth and bellyache. Yet I've watched them buy more and more land. Constantly buying it, cleaning it up, putting up more pivots. You can't compete with them around here. They live in the biggest houses, garages, and swimming pools. They drive new trucks every other year. Their wife gets a new SUV every year. They have the biggest, nicest R series tractors and turbo tills, combines, cotton pickers, utvs, etc. some have a lot of debt. Some have very little. My point is, if things are so tough, who's paying for all this stuff? I know some still work hard and I personally hope they all make millions. I like to see people do good. Farmers in my area are doing fine. The ones that aren't can be attributed to poor management. But they still poor mouth.
Proof is in the pudding.
Mike
I think a lot of them are sitting on huge debts. Our nation looks rich too but that is also a function of huge annual inflows of barrowed money. As long as there is sufficient cash flow to service the debt, it is a thrill looking like you are rich.
You've still got to be making a boat load of money to cover the mortgage on all that land, the leases, and the loan on a new combine that cost you $300K. In America we've come to expect that our year-to-year profit is going to continue to grow and we'll never hit a rough patch. I think a lot of younger folks are learning the hard way that some years are going to be pretty hard.
I saw some covered piles of chopped corn near Hillsboro a few weeks ago. Also hear nitrates are exceptionally high.TexasBred":1e45rxc2 said:Looks like corn prices down here are up considerably over the past few years. Farmers that have a good corn crop should make money....and don't forget that good ol' crop insurance. Saw some fields the other day that had just been cut adn they all had that four rows in the middle of the field that belong to the insurance man. :banana:
I know those same farmers, what puzzles me most is those that have the most get the most subsidies.JMJ Farms":26qir3ik said:I would say it's probably true. And before I get hammered for this post let me be clear. I AM A FRIEND OF THE FARMER. I THINK THEY PLAY A VITAL ROLE IN OUR COUNTRY. I HAVE MANY CLOSE FRIENDS WHO ARE ROW CROP FARMERS.
All my life I've heard farmers poor mouth and bellyache. Yet I've watched them buy more and more land. Constantly buying it, cleaning it up, putting up more pivots. You can't compete with them around here. They live in the biggest houses, garages, and swimming pools. They drive new trucks every other year. Their wife gets a new SUV every year. They have the biggest, nicest R series tractors and turbo tills, combines, cotton pickers, utvs, etc. some have a lot of debt. Some have very little. My point is, if things are so tough, who's paying for all this stuff? I know some still work hard and I personally hope they all make millions. I like to see people do good. Farmers in my area are doing fine. The ones that aren't can be attributed to poor management. But they still poor mouth.
Proof is in the pudding.
True Grit Farms":3u7m7cw5 said:I know those same farmers, what puzzles me most is those that have the most get the most subsidies.JMJ Farms":3u7m7cw5 said:I would say it's probably true. And before I get hammered for this post let me be clear. I AM A FRIEND OF THE FARMER. I THINK THEY PLAY A VITAL ROLE IN OUR COUNTRY. I HAVE MANY CLOSE FRIENDS WHO ARE ROW CROP FARMERS.
All my life I've heard farmers poor mouth and bellyache. Yet I've watched them buy more and more land. Constantly buying it, cleaning it up, putting up more pivots. You can't compete with them around here. They live in the biggest houses, garages, and swimming pools. They drive new trucks every other year. Their wife gets a new SUV every year. They have the biggest, nicest R series tractors and turbo tills, combines, cotton pickers, utvs, etc. some have a lot of debt. Some have very little. My point is, if things are so tough, who's paying for all this stuff? I know some still work hard and I personally hope they all make millions. I like to see people do good. Farmers in my area are doing fine. The ones that aren't can be attributed to poor management. But they still poor mouth.
Proof is in the pudding.
JMJ Farms":23ybijkk said:Stumpage prices on pine pulpwood here are around $10-11/ton right now. A 2x4x16 at the builders supply is $11. I know that a 2x4 doesn't come from
pulpwood. Only used as an illustration. As Ebenezer mentioned, for this to change we've got to stop Canada from importing this cheap wood into the US. Things may have to get worse before they get better. It didn't get screwed up overnight and it's not gonna get fixed overnight. Buts it's got to start somewhere and I think these various tariffs are a good place to start.
Haven't seen it this year but they've been cutting a huge percentage of the corn over in that area for silage the last 10 years or more. Ensiling process will reduce any nitrates considerably so hopefully won't be a problem. What little corn I've seen down around Waco looked pretty pitiful.1982vett":25nc60wf said:I saw some covered piles of chopped corn near Hillsboro a few weeks ago. Also hear nitrates are exceptionally high.TexasBred":25nc60wf said:Looks like corn prices down here are up considerably over the past few years. Farmers that have a good corn crop should make money....and don't forget that good ol' crop insurance. Saw some fields the other day that had just been cut adn they all had that four rows in the middle of the field that belong to the insurance man. :banana: