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how about a Oklahoma,AR,MO,KS,TX,+IA GTG thread?

Hedgerow

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Crop insurance is BS, only because it encourages people to plant high risk crops.
As far as govt giving money to a farmer, I really need to know what program that is, cuz I want some of this money..

Problem is, I can’t find any of it.
 

Hedgerow

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If you own 1000 acres of dirt.
Worth “whatever/fill in the blank” per acre.
Your balance sheet at the bank is f’ing impressive.

What would an 80 acre piece that adjoins you be worth???
You now just cover 1000 acres plus another 80.
No new machinery investment, and damn little time..

This is the problem..

There’s no room for new blood in this game..

Now, if the land prices take a dump from $5000 per acre to $1500 per acre, your balance sheet ain’t so good after you paid $4000 an acre for that 80...
Especially if you have the 1000 acres leveraged at around 13-1400 per acre.,

Everyone mathing this *s-word out??
 

KS Plainsman

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Please explain to me about these “subsidies”..

I’d like to know how to get one..

If you are a farmer, go to your local FSA office and they will walk you through all the ways, to get "free" government money, each and every year. That's how it's done out here. There's a ton of different programs, that benefit farmers, some of which depend on how good a crop they have, some depend on how much ground you have and what crops you plant, and other programs as well. Not even crop insurance, but actual Government payouts, on top of insurance payments, in the event a crop doesn't produce.

Please note, I know nothing about you, so if you are a farmer, I hope you don't take what I'm saying as a personal attack, and that goes for anyone else on here, who may farm. I think the agriculture system in America, like most other Government regulated industries, is broken. When only 20% of a farm bill, is actually farm related, that's an issue.

Crop insurance is BS, only because it encourages people to plant high risk crops.
As far as govt giving money to a farmer, I really need to know what program that is, cuz I want some of this money..

Problem is, I can’t find any of it.

You are right about crop insurance, 100% Here's a little story about a farmer around here I know. The guy was given his start from his father, who was given his start from his father, in farming, by the way of handing him a half section, in the early 80's. So handed a start, free and clear. (very common around here)

Long story short, he was leveraged to the max after awhile, somewhere in the neighborhood of 1.5 million. So his banker, actually his 5th banker, because the others wouldn't give him any more money, so he switched, made him have crop insurance on every crop he planted and then would make him over farm the ground, by making him have it constantly have a crop on it. He would plant corn or feed, harvest that, if the insurance told him to, or chop it up into silage to feed to cattle, then plant to wheat right away, so he could get another crop the next year. No summer fallow, at all, ever.

Out here, our ground can't recover that fast or easy, so after a few years, the ground is too diminished to produce anything, but he was so far into the banker, the banker made him plant for the insurance money, so they would have money coming in to pay the interest on the loans, so he could keep giving him his operating loan. Then he would double dip and hit the FSA office, and get his subsidy check, because his crops didn't produce. He was farming for the insurance check, knowing that the ground wouldn't produce a crop.

That's how this particular farmer make's his money, and that is common, unfortunately. PS He drives a brand new King Ranch twin turbo f250, and gets a new one every 2 years. His wife drives a brand new SUV and trades often, his kids are in their 30's and more than taken care of and the only people I've seen vacation more than them, is celebrities. While their home isn't new, I'd hate to see how much they've spent on furnishing and remodeling that house. I guarantee they spent more on living room furniture, than I spent on my house.

And no, I'm not talking about CRP programs. IMO, that's nothing more than the gov, trying to manipulate crop prices, by controlling, how much farm ground is being planted. I don't think it has squat to do with erosion control, or whatever they say it's for.

Sorry for the novel folks! Lol This is that long winded thing again. :-)
 

KS Plainsman

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If you own 1000 acres of dirt.
Worth “whatever/fill in the blank” per acre.
Your balance sheet at the bank is f’ing impressive.

What would an 80 acre piece that adjoins you be worth???
You now just cover 1000 acres plus another 80.
No new machinery investment, and damn little time..

This is the problem..

There’s no room for new blood in this game..

Now, if the land prices take a dump from $5000 per acre to $1500 per acre, your balance sheet ain’t so good after you paid $4000 an acre for that 80...
Especially if you have the 1000 acres leveraged at around 13-1400 per acre.,

Everyone mathing this *s-word out??

I like where your head's at! That's my biggest complaint, is that no one new can even have a shot, because alot of the farmers are "too big to fail". I think it was you who mentioned the fiasco, farming went through in the 80's, well when farms are over leveraged and they go down, it isn't just the farm that goes down, the banks go with it. Multiple banks went down out here in the 80's because of that very thing. Chains of banks with a half dozen locations (that's alot out here), gone, just like that.
 

Hedgerow

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I like where your head's at! That's my biggest complaint, is that no one new can even have a shot, because alot of the farmers are "too big to fail". I think it was you who mentioned the fiasco, farming went through in the 80's, well when farms are over leveraged and they go down, it isn't just the farm that goes down, the banks go with it. Multiple banks went down out here in the 80's because of that very thing. Chains of banks with a half dozen locations (that's alot out here), gone, just like that.
Ya can’t change simple economics.

And there’s nothing wrong with a family setting up the next generation to continue the family business..

I don’t look at my neighbor and shake my head.
Just cause he is 74 years old and still buying up 40 acre parcels for double the “reasonable” price..
The end of the American family farm, is the American family farm!!!!

I just know there’s an end to it eventually..

It’ll be ugly, but it sorta has to be. And I ain’t gonna cry to the government when it does. Though the news media will... cuz they are buffoons of the highest order.. till then, I wait..
 

KS Plainsman

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Ya can’t change simple economics.

And there’s nothing wrong with a family setting up the next generation to continue the family business..

I don’t look at my neighbor and shake my head.
Just cause he is 74 years old and still buying up 40 acre parcels for double the “reasonable” price..
The end of the American family farm, is the American family farm!!!!

I just know there’s an end to it eventually..

It’ll be ugly, but it sorta has to be. And I ain’t gonna cry to the government when it does. Though the news media will... cuz they are buffoons of the highest order.. till then, I wait..

I agree with ya. I'm not anti farmer, or anti-generational farms either, even though it may read that way. I'm anti-taking from one person to give to another, so they can sustain their lifestyle. Be it farming subsidies or welfare, or whatever.
 

hoskvarna

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I was holding back a bit, because I don't want to sound like a hypocrite, since my grandpa was a farmer/rancher, but one of the things that gets me the most about subsidies is, the fact that some act like they won't get by without it, yet they drive a $60k pickup, the wife drives a $60k SUV, the 16 year old kids, drive brand new $30k vehicles and they just built a new 5k sq ft house 5 years ago (when prices were all high). Then they look at me like I'm scum, because I work for a living, drive a 40 yr old pickup with 320k miles on it and my 900 sq ft house cost me $17,500, and is about 110 years old.

They fail to realize, that if you turned us both upside down and see who owned the most, I'd be better off, because I'm not owned by bankers and the Gov.

Sometimes, I have a hard time distinguishing the line between politician and farmers and welfare families, other than the fact most farmers actually produce something. Not all mind you, just some. Some farm for insurance, and subsidies.

Agreed
There are farmers by profession and there are farmers


Sent from Hoskey Hills
 

hoskvarna

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I agree with ya. I'm not anti farmer, or anti-generational farms either, even though it may read that way. I'm anti-taking from one person to give to another, so they can sustain their lifestyle. Be it farming subsidies or welfare, or whatever.

I can’t make it just farming
So you get a town job
The farm will pay for itself but that leaves nothing for me to live on. So off Farm for income and insurance


Sent from Hoskey Hills
 

Dub11

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Get er dun today! Sounds like another round of ice and stuff coming!
Should be nice and frozen out there for ya.

I can’t make it just farming
So you get a town job
The farm will pay for itself but that leaves nothing for me to live on. So off Farm for income and insurance


Sent from Hoskey Hills

The family that I have that still farms have been working day jobs for years. Lucky for them a cabinet shop opened up local to them 30 years ago. Makes for a short drive.
 

KS Plainsman

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I can’t make it just farming
So you get a town job
The farm will pay for itself but that leaves nothing for me to live on. So off Farm for income and insurance


Sent from Hoskey Hills

There's nothing wrong with that approach at all IMO. (Not that you were asking) lol

There's a guy around here in his late 40's maybe 50, who farms and did that. Years ago he bought a half section of ground, farmed, worked, and eventually expanded a little, but kept working until his ground was paid off and he was out of debt. He was one who benefited from the crash in the 80's. Now he just farms, but is small for around here, and does it smart.

Problem around here is, most farms here are so big, that they are a full time job, and some require hired help as well.
 

Workshop

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Saw this on the news just now.

The supermassive black hole at the center of our galaxy, the Milky Way, is always up to something unusual. Now, astronomers have spotted strange new objects close by — and they aren't quite sure what they are.


I know what at least 4 or 5 of them are.

My 10mm sockets.
 

MG2186

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I agree with you on the under reported. I’m in Butler co. The 74 acres around my place sold for 14,500 an acre few years ago. Had some north of me go for 11,000$ last fall. Not the norm but it’s out there.
The just sold around 300 acres north of Waverly last week for $10,000/acre
 
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