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BA Deere
Honored Advisor

Re: Todays data ....or the lack of it

Look at the 3% mortgages the city people have had for years (now the chickens are coming home to roost) .  The farm programs have been a safety net that literally insures that every soil that`ll hold up a plant will get planted, creating burdensome stocks as long as Ma Nature cooperates.  Those city cousins who point to EWG, better realize that is part of what makes their cheap food possible... that carrot on the stick that makes bankers comfortable sticking their necks out when common sense would say "no". 

Student loans are going to be written down $10 grand and those getting the cheap Pell grants will get $20 grand written off, will EWG report on those names?     But EWG is worthless, a BigShot might have 3 (maybe more) entities so just because you see their name, that could be a fraction of all they really get.  And so what if some got $800,000 during the last 10 years (or whatever) that doesn`t really tell you their whole story. 

0 Kudos
k-289
Esteemed Advisor

Re: Todays data ....or the lack of it

CHEAP   food  -  maybe  not  so  fast ,  which  ends  at  the  producer  gate ,  with  $3  for  16  ounces  of  cottage  cheese ,   duping  the  consumer ,  with  a  half  donkey  excuse ,  like  $upply  chain - stuffing = == 

One  refridge  trailer  ,  hauling  ,  40K lbs  of  16  oz.  containers  =  how  much  freight  costs  per  item ,  even at 15cents each,   come  on  = = =      

$20 K    vs.  $800 K   is   still  an  extreme ,   UPHILL  battle  ,  even  with  a  3.75  %  15 year  farm  loan =MAYBE  == =  

0 Kudos
BA Deere
Honored Advisor

Re: Todays data ....or the lack of it

Still, even with the processors and retail supermarkets taking their gigantic take, food in the US is still the least expensive and safest in the world.  I would argue the subsidized crop insurance gets everything gets planted, including ground that wouldn`t make sense cultivating were it left only to "pure capitalism".  I don`t like the big, big big business that farming morphed into, however I must concede the specialization is efficient.   

This was funner though

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