top posters

[ferniesnow]

Carry on everyone.

 

[snopro]

8:59 post

 

[snopro]

Almost bed time

 

[snopro]

Boys are just finishing up the home stuff

 

[Lightningmike]

Margarita at campfire posty post

 

[Trashy]

Good morning

 

[Trashy]

If you keep making all your payments it’s good for your credit score and they will just keep giving you more money.

This what I don't understand
Combine, Baler, Tractors x 2, Super B's, Augers, Implements, House, Quonset, Property Tax, 2+ personal vehicles w/farm plates ETC.........

Not you..... But a farmer is about 2-3 mill in debt and still can take the winters off. Invest another 100 grand in toys and trips
The average person can only handle about $700,000.00 of debt, if even that and we struggle. We don't get insurance, if the economy is struggling and I lose an entire summer of work!!
That's why I say, there's no such thing as a poor farmer.

 

[Trashy]

Coffee 2

Going to hit Costco this morning

 

[LUCKY 7]

Morning everyone. Looks like another beautiful day today

Sent from my EML-L09 using Tapatalk

 

[TROLLCAT]

morning

wait mode

8c and rainy

 

[MP Kid]

Morning crew

 

[MP Kid]

morning

wait mode

8c and rainy

Does the sun ever shine there

 

[MP Kid]

Coffee 1 done

 

[Trashy]

Off to LA soon

Have a great day everyone

 

[TROLLCAT]

Does the sun ever shine there

apparently not

 

[TROLLCAT]

when me boat is in good working order

the weather does not cooperate

 

[snopro]

This what I don't understand
Combine, Baler, Tractors x 2, Super B's, Augers, Implements, House, Quonset, Property Tax, 2+ personal vehicles w/farm plates ETC.........

Not you..... But a farmer is about 2-3 mill in debt and still can take the winters off. Invest another 100 grand in toys and trips
The average person can only handle about $700,000.00 of debt, if even that and we struggle. We don't get insurance, if the economy is struggling and I lose an entire summer of work!!
That's why I say, there's no such thing as a poor farmer.

I think you are getting some bad information. I know no young farmers that spend the winters in the US or Mexico. The his particular farmer doesn’t holiday: he used to go on a couple sledding trips a year but he’s not in shape for that anymore. I know a couple summers ago he and his wife drove down the west coast of the US for 10 days. He has no livestock to hold him back. Most with livestock take no holidays. The he farmers you are talking about are retired or close to it and have transitioned the farm to the kids or other family members. As far as insurance it’s not free Doug. We pay for insurance to protect against loss. It’s not cheap either but when you have hundreds of thousand dollars invested in crops it helps you to sleep at night. A hundred percent crop loss without insurance would either sink a farmer or at the very least put them in a precarious position financially. All my toys , car, sleds, RV were all derived from my dealership and subsequent work after I worked at other dealerships. 95% of my sleds I have had were dealer demos or later on sold to me at bone cost. By trading yearly I could almost ride for free. In summary it here are a lot more farmers that struggle yearly to pay the bills than you would imagine. Especially young farmers. The past 6 years have been difficult around our area especially. 4 of the last 6 have been drought years. This one was a large scale hail loss year.

 

[snopro]

Morning all

 

[snopro]

Gonna be a hot one today over 30

 

[snopro]

Coffee happening