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Veteran Advisor

Re: not looking good

BA  -    remember  the  jingle,  about  a  food-less ,  world  we  needed  to  feed,   and   Blk  if  rents  are  to  high,  buy  some  dirt  - maybe ? 

 

Political  brainstorms  are  a  dime  a  dozen,   so  if  it's  ag  soy  or  BIG  BOX  STORES  inventory,  whom  do  you  think  is  winning  now  -   ? 

 

I  was  told  check-off  $$$$   were  our  special  sauce ,   ahh   hold  the  phone  plz ,   maybe  -  ?      

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Senior Contributor

Re: not looking good

BA Deere; I understand your frustration with each commodity groups’ board pushing their own commodity but thats what they were voted to do. Ideally one board should represent all commodities bit thats what the USDA is suppose to do.
You are right that we never did anything when they cancelled purchases then bought again when prices were cheaper! We should have retaliated then but the amount of goods we buy from them is huge when compared to the beans we sell to them. And no politician wants to rock the consumer boat by pushing free and fair trade especially when economy is doing good.
Honored Advisor

Re: not looking good

Well, we`re in a slot of time where yields are out-stripping demand globally.   That $8 corn was a juicy carrot with a long tail, so everyone worldwide that had more than a postage stamp plot of soil that would hold up a plant, grows something.  We`re going on 6 years of above trend yields, the world population is moving slower to that coveted "9 billion" mark. So there`s growing pains economically. 

 

Earl Butz and "fencerow to fencerow" sounded good, but a limited amount of nickels are thrown on the floor and we all scramble and fight for our share and there are none until some of us give up and then more nickels are dumped out and it starts all over again.  You just have to be patient.  You look at the world and the Soviets are no longer communist and started being competitors, the Chinese retain communism but have a quasi-capitalism so that`s a huge chunk of the world that is taking baby steps to improve themselves.  While you look at this country (WOTUS Green New Deal) we are just an election away from really back sliding into what the rest of the world is trying to climb out of.

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Veteran Advisor

Re: not looking good

What  about  U S ,  feeding   the  world ,  or  did  it  ride  off ,  into  the  sunset   -  ?

 

Maybe  becoming  a  foreign  agent,  and  if   you report  it ,  seems  as  though  that  is  a  cash  cow ,   -  ?      

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Senior Contributor

Re: not looking good

some of the writers that need to write a column on a daily basis have a keen sense of the obvious. For example an article was written that declares “ how does your income stack up against 2012?” Say what!? whatvthe hell do u think? Its down for crying out loud!
Most of them seem beholden to try and help by telling us how to use fertilizer more efficiently or somehow getting more out of the super expensive seed that will be planted!
Good Lord dont they realize that 99% if us do that on a daily basis!!!!
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Honored Advisor

Re: not looking good

K-289, of course we have to feed the world, but when did anyone promise that you`d get rich doing it or even meet your expenses?  Smiley Very Happy

 

All you really get is a week in March (National Ag Week) where you get a "Thank you and keep up the good work!" ....that won`t pay your mortgage, but hey they do appreciate your efforts. 

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Veteran Advisor

Re: not looking good

Export   your   way  to  the  promise  land,   NOW  WHAT  - ?  

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Honored Advisor

Re: not looking good

Live by the exports, die by the exports.   This reminds me of when I was a little kid, I was at a farm sale and they were selling items off the rack, towards the end the ringman put 2 or 3 boxes of junk together and the ringman asks Dad if he`d give a dollar?   Dad shook his head no, then the ringman put a dollar in one of the boxes and asked "will you give a dollar now?"  Dad said "yup!" the auctioneer said "Sold!".  The ringman took his dollar out of the box and handed it to me and said "Don`t let your oldman have this, he`s a tightwad"  .   Smiley Very Happy

Re: not looking good

The problem with low prices is overproduction, fence row to fence row, due to subsides. If you take away the subsides and let the free market work, the strong and successful shall profit and prosper. Of course the strong dollar doesn't help out, but is minor compared to overproduction.

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Senior Contributor

Re: not looking good

overproduction??? The american farmer can compete with anyone if its a level playing field. But not when currencies are deflated to gain market share. The US should do the same but the mainstream banks want a strong dollar to attract outside money as we are deemed a safe haven. It sure looks as if the ag crisis of the early 80’s is making a quick comeback. Our products are selling at 80’s prices but our inputs are quadruple what they were then. Disel was $.60 now its almost $3. Fertilizer was $150 a ton yesterday it was $625. O well as long as the american consumer gets cheap food all else doesnt matter
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