Pursue your dreams says Rosemary Davis award winner

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This is all well and good, I guess, but everybody knows the real reason the average age is "in the mid 50" these days is because the cashflow numbers just don't support it for the younger generation thanks to rediculous market distorting policies that drive up land values. Top it off with new entrant programs that are outright scary. If it isn't DFO's propaganda machine in high gear, its FCC trying to paint a pretty picture of the industry. The best advice I can give my children or any young aspiring farmer is to move away from the highest priced ag land in North America, or pursue a career outside of agriculture and then come back when the bubble bursts. Raube Beuerman, Dublin, ON

The "wheels" fall off all of these new entrant programs when the loan has to start to be paid back, and that coincides with the time the original loan is in the back-half of its life, meaning that the after-tax cash flow responsibilities in year 11, or whatever year it happens to be, will sink almost everyone.
All of this assumes quota will even exist in year 11, and/or that quota can be bought at any price, and/or that any lending institution will lend money to buy quota at whatever astronomical price quota might be in year 11.
The obvious thing all these eager, and obviously naive, people are missing is that if we didn't have quota, none of this distortions and manipulations, would be needed.
Sorry, aspiring quota farmers, I've done far-too much farm debt review things in my lifetime to be anything but totally-opposed to this nonsense, because that's what new-entrant programs are.

Stephen Thompson, Clinton ON

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