First car stuck in the ditch by the end of the driveway. Road narrows a bit and ditch is steep. Very unforgiving. Managed to pull them out without trouble. Will keep track this winter on numbers.
BMO's economics team revises its outlook for Canada rates amid Trump's 25% tariff. BMO now expects six-straight quarter-point cuts from the Bank of Canada, until the policy rate reaches 1.5% in October.
What’s in store for used farm machinery markets in 2025? Check out my chat with @MachineryPete for the inside scoop @realagriculture @OAgC25 https://t.co/owlK0dOntv
Farmer’s got the feed wagon in the shop, getting it tuned up.
No cattle on the place.
Haven’t been for 5 years.
I asked him what he’s up to and he said he’s thinking about buying some calves to feed.
I said, “they’re not cheap right now.”
He said, “I know. I figure with feed, labor, and equipment I can make $150/hd. Plus I’ve got the barns & concrete sitting here not being used.”
He used to feed 1,000+ head from 4-500# through finishing.
I pressed him further, asking if the hassle was worth it for the 300 hd he was looking to buy.
His response was profound…
His friend recently took early retirement at 58 yrs old. Lives in town with not many hobbies. Said he was talking to him the other day and he’s 6 months into retirement and bored out of his mind.
He doesn’t have any daily purpose.
He’s facing 20+ years of that existence.
So, Farmer wants to prevent that fate. Buying 300 hd to hopefully make $45K is worth it because each day this winter he’s getting up to feed, scrape pens, and watch markets to price his steers.
He’s got daily purpose regardless if he hits a home run or breaks even.
I don’t think we talk enough about what the retiring generation is going to be doing, on a daily basis, to fill the human need of having purpose.
Whether it’s hobbies, a part-time job, or contributing to the family business, unplugging from a lifetime of working hard every day is going to take some adjustment and a plan.
I’m convinced that having a purpose to get out of bed each morning is key to a long-lived, fulfilling retirement.
China launches anti-dumping probe into Canadian canola imports in retaliation for EV tariffs /via @globeandmail https://t.co/AWddaYMZcH
Not surprising at all
This is the first day of the Great Lakes Grain Crop Tour. Our first field out side of Grand Valley in Dufferin County. If you want your field assessed give us a call.
Large square baler guys. We are looking at going from a round baler to a big square baler. Dos and do nots when buying. How many bales through a used is too much? Things to look at while looking at a used one?
Great morning of agronomic conversations at the 2024 #watchitgrow Expo Day. A huge thanks to all of our speakers and industry partners! As well as the growers who braved the rainy weather to join us at the #HolmesAgroResearchFarm@PRIDESeeds@VaderstadNA @OMAFRA @RobertsFarmEq
Iowa farmland values decline for first time in five years. Are farmland declines coming? Anecdotally, I see some softness in marginal land, but good quality land still seems to be selling well. Thoughts?
https://t.co/a8pASU0VHy
Come tonight for the full tour of Grey Dufferin Community Pasture. Beef on a bun at 6:00. Tour starts at 7:00.
126522 Southgate road 12. Just west of Grey Road 8.
Due to the forecasted heavy rains the Grey Dufferin Community Pasture twilight meeting has been postponed one week to Wednesday July 17th. @BeefFarmersON