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Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 9:33 am
by Deleted User 75
LOL
I love those fast food twitter accounts. They do some amazing trolling.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 9:57 am
by twocoach
It will be interesting to see how hard us farmers will need to be squeezed to pull their support of Trump. He continues to lie about pretty much everythimg involving them and they are facing yet another rough year. The USDA's Economic Research Service estimated net farm income at $59.5 billion in 2018, down 7% from 2017 and substantially lower than the 10 year average of $85.7 billion. Ouch.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 10:19 am
by Deleted User 75
As long as productive farm ground is selling for the crazy prices per acre we are still seeing (at least in central IL) I think farmers won't panic.
$10k-$12k/acre is still prevalent throughout central IL where I do Ag real estate evaluations.
But you can only squeeze so much, even in years with good yields....trump has done some things to ease tax burden and regulations for farmers, so he earned some goodwill with that...so I think most farmers just hope this doesn't last too long. Ones who own their ground can survive longer because they just increase their yearly operating lines with banks to bridge the gap during the trade dispute/"war"....cash renters are hurting worse though.
Many I know aren't worried or panicked. But that can change if next year the weather doesn't cooperate as well as it did this year. Good yields help a little bit, but eventually they'll need to see light at the end of the tunnel...either way, most won't be voting Democrat no matter what...so whatever support trump losses another republican will pick up.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 10:48 am
by twocoach
I would love to see the GOP put another candidate out there and so would almost every republican I know.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 10:49 am
by Deleted User 75
twocoach wrote: ↑Wed Jan 16, 2019 10:48 am
I would love to see the GOP put another candidate out there and so would almost every republican I know.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 11:00 am
by Deleted User 62
IllinoisJayhawk wrote: ↑Wed Jan 16, 2019 10:19 am
As long as productive farm ground is selling for the crazy prices per acre we are still seeing (at least in central IL) I think farmers won't panic.
$10k-$12k/acre is still prevalent throughout central IL where I do Ag real estate evaluations.
But you can only squeeze so much, even in years with good yields....trump has done some things to ease tax burden and regulations for farmers, so he earned some goodwill with that...so I think most farmers just hope this doesn't last too long. Ones who own their ground can survive longer because they just increase their yearly operating lines with banks to bridge the gap during the trade dispute/"war"....cash renters are hurting worse though.
Many I know aren't worried or panicked. But that can change if next year the weather doesn't cooperate as well as it did this year. Good yields help a little bit, but eventually they'll need to see light at the end of the tunnel...either way, most won't be voting Democrat no matter what...so whatever support trump losses another republican will pick up.
Borrowing more and acquiring more debt doesn't seem to be efficient to me. Most farmers are already saddled with a lot of interest expense.
And I get that high yields (cashflow) solves a lot of ills, but what good is a high yield without a place for it to go?
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 11:00 am
by Deleted User 62
IllinoisJayhawk wrote: ↑Wed Jan 16, 2019 10:49 am
twocoach wrote: ↑Wed Jan 16, 2019 10:48 am
I would love to see the GOP put another candidate out there and so would almost every republican I know.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 11:25 am
by twocoach
jeepinjayhawk wrote: ↑Wed Jan 16, 2019 11:00 am
IllinoisJayhawk wrote: ↑Wed Jan 16, 2019 10:19 am
As long as productive farm ground is selling for the crazy prices per acre we are still seeing (at least in central IL) I think farmers won't panic.
$10k-$12k/acre is still prevalent throughout central IL where I do Ag real estate evaluations.
But you can only squeeze so much, even in years with good yields....trump has done some things to ease tax burden and regulations for farmers, so he earned some goodwill with that...so I think most farmers just hope this doesn't last too long. Ones who own their ground can survive longer because they just increase their yearly operating lines with banks to bridge the gap during the trade dispute/"war"....cash renters are hurting worse though.
Many I know aren't worried or panicked. But that can change if next year the weather doesn't cooperate as well as it did this year. Good yields help a little bit, but eventually they'll need to see light at the end of the tunnel...either way, most won't be voting Democrat no matter what...so whatever support trump losses another republican will pick up.
Borrowing more and acquiring more debt doesn't seem to be efficient to me. Most farmers are already saddled with a lot of interest expense.
And I get that high yields (cashflow) solves a lot of ills, but what good is a high yield without a place for it to go?
Yeah, "dont worry, you can always sell your family farm" isn't exactly the answer most farmers want to hear.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 11:35 am
by Deleted User 75
Of course not. But when you can sell 100 acres for $1,000,000 sometimes it's a choice that some can live with....others can live with a bad year of low price per bushel. I mean, this is farming, so this won't be the 1st time many have had bad years for various reasons (whether than be tariffs, weather, etc.)...it's not a good situation, everyone knows that, but there isn't widespread panic within the farming industry (at least not in my areas, I can't/shouldn't speak to anywhere else).
These tariffs aren't forcing the majority of farmers to sell all their ground....at least not yet. People being forced to sell ground are often time bad producers and marketers of their grain....and have been trending towards that outcome for a decade....so those guys can cash rent their land to better producers....or they can sell it and be millionaires.
Like you've pointed out, less people are choosing Ag as a career, so many of the older generations aren't having sons/daughters to pass their land on to.... many of them are selling it to larger farms for huge prices and living a luxurious life of retirement.
There are large farming operations that are a few families combined and they will farm thousands of acres in their areas. The small family farms are a dying bread unfortunately, but that trend started long before trump and his tariffs.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 2:05 pm
by ousdahl
jeepinjayhawk wrote: ↑Wed Jan 16, 2019 11:00 am
IllinoisJayhawk wrote: ↑Wed Jan 16, 2019 10:49 am
twocoach wrote: ↑Wed Jan 16, 2019 10:48 am
I would love to see the GOP put another candidate out there and so would almost every republican I know.
lulz
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 5:18 pm
by dolomite
ousdahl wrote: ↑Wed Jan 16, 2019 2:05 pm
lulz
So I guess rwocoach might vote for a republican next time? I know one candidate he could vote for, Tulsi Gabbard, the republican in Democrat clothing.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 5:24 pm
by Deleted User 75
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 7:09 pm
by Shirley
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 8:24 pm
by twocoach
dolomite wrote: ↑Wed Jan 16, 2019 5:18 pm
ousdahl wrote: ↑Wed Jan 16, 2019 2:05 pm
lulz
So I guess rwocoach might vote for a republican next time? I know one candidate he could vote for, Tulsi Gabbard, the republican in Democrat clothing.
If it was a republican with a modern social platform I would consider it, sure. Just depends on the specific candidate.
Re: Today in "so much winning"!
Posted: Wed Jan 16, 2019 8:42 pm
by Deleted User 89
ditto
Re: Today in "so much winning"!
Posted: Thu Jan 17, 2019 6:26 am
by Shirley
Today in The Art of the Deal:
"I make the best deals!"
Re: Today in "so much winning"!
Posted: Thu Jan 17, 2019 9:11 am
by dolomite
Feral wrote: ↑Thu Jan 17, 2019 6:26 am
Today in
The Art of the Deal:
"I make the best deals!"
Worry much?
Re: Today in "so much winning"!
Posted: Thu Jan 17, 2019 9:18 am
by Geezer
What, me worry?
Re: Today in "so much winning"!
Posted: Thu Jan 17, 2019 10:29 am
by twocoach
dolomite wrote: ↑Thu Jan 17, 2019 9:11 am
Feral wrote: ↑Thu Jan 17, 2019 6:26 am
Today in
The Art of the Deal:
"I make the best deals!"
Worry much?
I worry for the families affected by the shut down. A huge chunk of folks are living paycheck to paycheck or worse. It wont take long for them to be financially ruined.
I dont worry about Trump. It's just a matter of "when" not "if" for him. His time is coming.
Re: Today in "so much winning"!
Posted: Thu Jan 17, 2019 10:33 am
by Deleted User 75
twocoach wrote: ↑Thu Jan 17, 2019 10:29 am
His time is coming.
We've been hearing that for 2 years....
