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Very southern Mn | Some of these very large operations run on thin margins.more insurance guarantees, more rent. Less land available. 95% insurance guarantees, heavily subsidized by government, will up rents considerably over time as less risk to bankers etc. We have become so dependent on gov assistance, it is getting bid into everything. If it is offered I am going to take it because the gov payments just raise the expenses. This is not rocket science. I am in favor of young farmer loans, real disaster loans ( real disasters) as we need young farmers and some disasters cannot be overcome.
I drive thru the country and see 250000-350000 tractors hooked to 150000-250000 planters doing 1500 or 2000 acres a year and wonder how we got to this point. What we consider normal is not normal. Corn price has doubled, machinery costs have went up many multiples of that. I see 500000 farm shops, million dollar grain set ups. I am just as guilty as anyone else. Look at seed annd chemical costs as well. Ask yourself if government payments dry up can I survive? We are getting our payments from a government that becomes more broke every year, is this a long term plan? Let’s go further, if government finally starts to cut, where are they going to cut first? The social security and some welfare payments or the farmers who have less than 2% of voting block? (If you take out small 5 acres farms, I am guessing less than 1%). I am afraid the more payments there are, the more addicted to them we become. What is our long term plan! Yes political decisions make our exports go up and down but reality is South America raises far more soybeans and is making a big dent in corn production. I am not negative ag, just very concerned where this all ends. | |
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The check is in the mail
