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smokeyjay
Advisor

Chickens coming home to roost

The new TPP agreement puts U.S. Wheat at a $65 per ton disadvantage to Canadian and Australian wheat. You can guess if quality being the same, you know where the wheat will be sourced.

Also, Japan is explicit in it's position; there will be no bilateral agreement with the U.S..   Period. 

http://www.capitalpress.com/Profit/20180123/new-tpp-deal-puts-us-wheat-farmers-at-tariff-disadvantag...

 

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9 Replies
elcheapo
Veteran Advisor

Re: Chickens coming home to roost

To put it into terms we can understand.
$65 equals $1.95 in English weight and
$1.76 in metric

My bid today for wheat is $3.75
So, when this disparity kicks in
My wheat price will be:

English ton. $1.99 per bu
Metric ton. $1.80 per bu

We are not making alot at $3.75

Just what are we to do at below $2.00 ??

Gee thanks

Just tell me how we are making America great

Sorry, that dog don't hunt in these parts


.
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BA Deere
Honored Advisor

Re: Chickens coming home to roost

If only if only we had the TPP, then wheat at the elevator would be $5.74/bu!  ($3.75+ $1.99 and we could sell allll we could raise, the silos would be empty) the scary thing is, I think some of you guys actually believe that.  Here watch the shiny red ball in my right hand and then be amazed when the white handkerchief  in my left hand turns into a dove and flies away...."0000h, how did he do that????Smiley Surprised"

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smokeyjay
Advisor

Re: Chickens coming home to roost

Disparage all you will.  It makes no difference.  If you like losing money at the current price, you will enjoy losing more money at the lower price.  You will not need to send the dogs.  They will die.  

 

Since you hate government intrusion, refuse any and all payments, and they will gladly not spend it on you.  

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sw363535
Honored Advisor

Re: Chickens coming home to roost

Wheat problems started way before TPP
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clayton58
Veteran Advisor

Re: Chickens coming home to roost

I thought it was the Russian wheat that was killing our exports
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elcheapo
Veteran Advisor

Re: Chickens coming home to roost

Well if we were a part of top, maybe we would
Get 3.75 rather than $1.99

SW on wheats problem...some is supply, some
Is perception by the market, and as you said
Before, wheat was in feed rations. Today like
You said, it's replaced by the corn and some
Milo squeezings from all the commercial moonshine
Plants.
We even had a feedlot that used to pop the Milo
To expose the starch....not as much, using moonshine
Squeezings.
Side note, we were talking about finishing, he claimed
That a diet of Milo made the meat sweeter, while
Corn was stronger in flavor but more marble fat.

But maybe there is hope out there....there are a couple
Little towns between us. One is a town of less than
50, on weekend better than 150....why ? Some fellow
Started a brewery....uses ks wheat.
At another town is trying to make vodka and gin
From wheat and Milo. I'm told he can make it
Fast enough
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BA Deere
Honored Advisor

Re: Chickens coming home to roost

Just curious Smokey, so exactly how far would you go with a country to sell them $1 worth of wheat?  If a country would buy $1 in wheat, would you buy $1.25 in car parts from them?   $2 in car parts?  $5 in car parts if they buy $1 in wheat from you?   ....okay, would you do anything in order to sell $1 in wheat? 

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elcheapo
Veteran Advisor

Re: Chickens coming home to roost

Ba let's have you answer your own question, about your

Precious corn

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BA Deere
Honored Advisor

Re: Chickens coming home to roost

In my awesome opinion, trade should be fair I don`t blindly support any agreement that has the word "trade" in it.  When a deal is so lopsided that we run $10`s of billions or $100`s of billions in trade DEFICITS. If US factoryworkers suffer, it matters not if my precious corn takes a 50 cent hit....just grow less of the $#i+ next year and or pick up the sales that will be left in a void from the other country. 

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