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Posted: 10/25/2014 8:49:03 AM EDT
[#1]
I fucking hate sandbagging to fix races, games, and prices.
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Posted: 10/25/2014 8:50:32 AM EDT
[#2]
Quote HistoryQuoted:
I fucking hate sandbagging to fix races, games, and prices. Prices arE only allowed to go up comrade. |
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Posted: 10/25/2014 8:52:38 AM EDT
[#3]
Lower beef prices!
Next year 
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Posted: 10/25/2014 8:53:52 AM EDT
[#4]
Funny, usually the .GOV pays them to do this shit.
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Posted: 10/25/2014 9:01:45 AM EDT
[#5]
Silver miners are starting to do the same thing. They're sick of the market manipulation of physical objects by paper trades.
Same thing is happening in Argentina where folks don't want pesos and see tangibles as greater than their fiat currency. As soon as they sell their tangible, they rush out to exchange their pesos for another tangible. |
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Posted: 10/25/2014 9:07:45 AM EDT
[#6]
Don't worry. Obama will push through more ethanol legislation so we can all have fucked up cars and higher food prices.
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Posted: 10/25/2014 9:08:07 AM EDT
[#7]
Most farmers contract a portion of their crop before it even sprouts for a specific delivery(s) past harvest which then requires storage. This allows them to have operating capital. If the price for your product is driven down by means beyond your control why would you not store it if it made economic sense to do so?
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Posted: 10/25/2014 9:08:25 AM EDT
[#8]
The chair is against the wall
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Posted: 10/25/2014 9:10:24 AM EDT
[#9]
Quote HistoryQuoted:
I fucking hate sandbagging to fix races, games, and prices. Why you hate free markets? |
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Posted: 10/25/2014 9:13:43 AM EDT
[#10]
This seems to be less than an ideal situation.
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Posted: 10/25/2014 9:14:48 AM EDT
[#11]
Quote HistoryQuoted:
Most farmers contract a portion of their crop before it even sprouts for a specific delivery(s) past harvest which then requires storage. This allows them to have operating capital. If the price for your product is driven down by means beyond your control why would you not store it if it made economic sense to do so? You must have mistaken this place for Arfcom where they support the free market. |
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Posted: 10/25/2014 9:18:53 AM EDT
[#12]
Quote HistoryQuoted:
You must have mistaken this place for Arfcom where they support the free market. Quote HistoryQuoted:
Quoted:
Most farmers contract a portion of their crop before it even sprouts for a specific delivery(s) past harvest which then requires storage. This allows them to have operating capital. If the price for your product is driven down by means beyond your control why would you not store it if it made economic sense to do so? You must have mistaken this place for Arfcom where they support the free market. Lol, and free market means prices always go up. 
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Posted: 10/25/2014 9:19:34 AM EDT
[#13]
Quote HistoryQuoted:
Lower beef prices! Next year This will probably not happen. As far as being flush with money from previous years, that's nonsense. Highest ever land prices, rent prices, and input costs. Not to mention anyone that had extra money probably used it to update equipment which is also stupid expensive. PS I am not defending big grain farmers. I'm just a small dairy farmer, but I know how it works. Farmers spend money, they dont often save it. |
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Posted: 10/25/2014 9:26:37 AM EDT
[#14]
Good, now we can start withholding farm subsidies.
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Posted: 10/25/2014 9:29:17 AM EDT
[#15]
Local elevators are still full of wheat, trains rather haul crude oil than grain. Already piling corn on the ground, and harvest has just started. Going to be lots of spoilage of corn. Any farmer, with a grain, can store a years worth of crop, only way to protect yourself. Corn in South Dakota is under $2 due to no place to store it. You go broke selling corn for less than $4.
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Posted: 10/25/2014 9:29:47 AM EDT
[#16]
I was wondering why I saw fields of corn and soybean last weekend still standing.
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Posted: 10/25/2014 9:29:54 AM EDT
[#17]
Quote HistoryQuoted:
Good, now we can start withholding farm subsidies. LDP's? |
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Posted: 10/25/2014 9:34:02 AM EDT
[#18]
Time to cut all ethanol support, get that nasty shit out of the gasoline.
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Posted: 10/25/2014 9:37:07 AM EDT
[#19]
Quote HistoryOriginally Posted By AnticitizenFreeMarketOne:
I fucking hate sandbagging to fix races, games, and prices. Their grain, their rules......... Comrade 
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Posted: 10/25/2014 9:42:03 AM EDT
[#20]
Quote HistoryQuoted:
I was wondering why I saw fields of corn and soybean last weekend still standing. You harvest based on moisture level. Too wet and you'll waste money trying to dry it and / or take a hit in price when delivered. It could also be due to a lack of storage space. No one actually wants to store it on farm; the longer you store it, the lower the quality and the lower the payment. But the fact is elevator space is limited, and you do what you have to to protect your grain until you can deliver and get paid. The record harvest of corn is no joke; I know one farmer who has seen yields of 230+ bushels per acre. Compare that to three years ago at the height of the drought when they were lucky to see 80. The assumption that they are choosing to hold onto it because prices are down is fucking stupid. |
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Posted: 10/25/2014 9:42:05 AM EDT
[#21]
interesting deer corn is still 7.50 a bag
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Posted: 10/25/2014 9:43:43 AM EDT
[#22]
There's an empty lot in a neighboring town with a mountain of corn on the ground. I mean, 5-6 two story homes piled together worth.
No room in the bins, so it sits outside and rots. |
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Posted: 10/25/2014 9:44:09 AM EDT
[#23]
Quoted:
CHICAGO (Reuters) - With record harvests depressing prices, U.S. farmers are holding tight to their corn and soybeans and binging on chemicals that protect stored grain from critters or even leaving corn standing in fields over winter to avoid storage charges.
Still flush with cash after years of record income and with shipping rates near record highs, farmers have resources to store grain rather than sell into a down market. Pretty much par for the course most year with the corn farmers I know. |
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Posted: 10/25/2014 9:52:13 AM EDT
[#24]
Quote HistoryQuoted:
interesting deer corn is still 7.50 a bag Someone is making money. A bushel of ear corn weighs 70 lbs. (at 15% moisture) and is currently worth between $3 and $4. |
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Posted: 10/25/2014 9:54:54 AM EDT
[#25]
Quote HistoryQuoted:
This will probably not happen. As far as being flush with money from previous years, that's nonsense. Highest ever land prices, rent prices, and input costs. Not to mention anyone that had extra money probably used it to update equipment which is also stupid expensive. PS I am not defending big grain farmers. I'm just a small dairy farmer, but I know how it works. Farmers spend money, they dont often save it. Quote HistoryQuoted:
Quoted:
Lower beef prices! Next year This will probably not happen. As far as being flush with money from previous years, that's nonsense. Highest ever land prices, rent prices, and input costs. Not to mention anyone that had extra money probably used it to update equipment which is also stupid expensive. PS I am not defending big grain farmers. I'm just a small dairy farmer, but I know how it works. Farmers spend money, they dont often save it. |
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Posted: 10/25/2014 9:57:39 AM EDT
[#26]
Quote HistoryQuoted:
Their grain, their rules......... Comrade
Quote HistoryQuoted:
Originally Posted By AnticitizenFreeMarketOne:
I fucking hate sandbagging to fix races, games, and prices. Their grain, their rules......... Comrade
But doesn't my tax money still go to them. |
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Posted: 10/25/2014 10:02:07 AM EDT
[#27]
Only in your mind.
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Posted: 10/25/2014 10:02:28 AM EDT
[#28]
Two thoughts on the matter:
1: Farmers who owe their lenders on the crop will be forced to sell, likely before 12 months. 2. No for profit business would sell their product for a lower profit (or loss), if they had the option of delaying the sale for a more favorable market, at a later time. ETA: One more thought: Unless they plan on ceasing production, these farmers' maxed out grain storage facilities will have to be emptied before the 2015 crop is harvested, or they will be forced to sell one of the crops ('14 or '15) at whatever the harvest price is next fall. |
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Posted: 10/25/2014 10:02:58 AM EDT
[#29]
Quote HistoryQuoted:
interesting deer corn is still 7.50 a bag Thats cheap. At a neighboring gas station it's $12 for a 70 lb bag. The flat landers buy it on thier way to their camps in Tioga and Potter Counties. |
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Posted: 10/25/2014 10:09:56 AM EDT
[#30]
Quote HistoryQuoted: I fucking hate sandbagging to fix races, games, and prices. Don't want to be a fucking sandbagger do you?
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Posted: 10/25/2014 10:14:36 AM EDT
[#31]
So they want to screw the consumer after they have already screwed the tax payer on farm subsidies
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Posted: 10/25/2014 10:15:23 AM EDT
[#32]
Quote HistoryQuoted:
interesting deer corn is still 7.50 a bag Corn here was $3.20ish, "deer corn" about $4.50 - $5.00, bagged. You can get a PU bed filled pretty cheap in the field.. 
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Posted: 10/25/2014 10:30:00 AM EDT
[#33]
Beef prices are high as cattle ranchers in the northern plains are not shipping much to market as they rebuild their herd which were devastated in winter storm a year or two ago. At least that is what I heard on a radio farm talk show in August when I was out there. You don't rebuild a herd of beef cattle overnight it is a years long process. Less beef means less need for feed means grain surpluses.
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Posted: 10/25/2014 10:38:29 AM EDT
[#34]
Quoted:
CHICAGO (Reuters) - With record harvests depressing prices, U.S. farmers are holding tight to their corn and soybeans and binging on chemicals that protect stored grain from critters or even leaving corn standing in fields over winter to avoid storage charges.
Still flush with cash after years of record income and with shipping rates near record highs, farmers have resources to store grain rather than sell into a down market. Since there's such a large surplus that they can leave a year's harvest unsold I'd imagine prices aren't going to raise next year. Kind of puts the lie to "the planet can't feed all of us". Screw farm subsidies that encourage bad decisions. |
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Posted: 10/25/2014 10:46:47 AM EDT
[#35]
Quote HistoryQuoted:
Local elevators are still full of wheat, trains rather haul crude oil than grain. Already piling corn on the ground, and harvest has just started. Going to be lots of spoilage of corn. Any farmer, with a grain, can store a years worth of crop, only way to protect yourself. Corn in South Dakota is under $2 due to no place to store it. You go broke selling corn for less than $4. Same in Mo. |
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Posted: 10/25/2014 10:48:19 AM EDT
[#36]
Quote HistoryQuoted:
Don't worry. Obama will push through more ethanol legislation so we can all have fucked up cars and higher food prices. They damn sure screwed up diesel, now it takes 2 gallons of 20% less pollutant diesel to go the same distance. 
ETA - Does this mean deer corn is gonna be fitty cent a bag ? 
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Posted: 10/25/2014 10:52:21 AM EDT
[#37]
Commodity prices fluctuate.
People naturally try to take advantage of these fluctuations. I sold CORN short about 3 months ago. A successful speculation is a thing of beauty. Even a moderately successful speculation is a thing of beauty. Those long CORN now have had a few up days since I covered. But not enough to tempt me to go long. Not yet, anyway. |
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Posted: 10/25/2014 10:53:56 AM EDT
[#38]
Quote HistoryQuoted:
Their grain, their rules......... Comrade
Quote HistoryQuoted:
Originally Posted By AnticitizenFreeMarketOne:
I fucking hate sandbagging to fix races, games, and prices. Their grain, their rules......... Comrade
End their subsidies and you may have a point. |
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Posted: 10/25/2014 10:55:27 AM EDT
[#39]
They own it, they can sell it when they want to do so. Bitching that they won't sell now at a price you like is awfully communistic.
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Posted: 10/25/2014 10:57:18 AM EDT
[#40]
Man, I need to go back home and shoot some geese and cranes.
If they're just leaving corn standing, it will be a turkey shoot. |
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Posted: 10/25/2014 10:57:56 AM EDT
[#41]
Here are two pie charts which represent how your tax money is spent in the Farm Bill. The chart on the left is indicative of the Farm Bill which expired in 2012 but carried on until the new 2014 Farm Bill was passed earlier this year. It is represented in the chart on the right. I'd like to draw your attention to two items. The "Nutrition" component is what is commonly known as Food Stamps. The part most Arfcomers seem to begrudge Farmers on is called Commodities. It is important to note that beginning this year, no grain farmers receive any direct payments from the Farm Service Agency, and the programs that encouraged under production of grains ended in the 1980's. |
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Posted: 10/25/2014 10:58:18 AM EDT
[#42]
Quote HistoryQuoted:
interesting deer corn is still 7.50 a bag $3.49 here, all day long. |
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Posted: 10/25/2014 10:58:21 AM EDT
[#43]
Oil tankers are taking priority over farm products. Building a pipeline would help move the oil.
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Posted: 10/25/2014 10:59:36 AM EDT
[#44]
But didn't AGW believers say we were going to have worse crops??
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Posted: 10/25/2014 11:06:54 AM EDT
[#45]
Quote HistoryQuoted:
$3.49 here, all day long. Quote HistoryQuoted:
Quoted:
interesting deer corn is still 7.50 a bag $3.49 here, all day long. I bought some massive, well-marbled ribeyes for $6.97/lb the other day, too. The sky is not falling. 
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Posted: 10/25/2014 11:07:20 AM EDT
[#46]
Quote HistoryQuoted:
But didn't AGW believers say we were going to have worse crops?? Norman Borlaug makes AGW his bitch.
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Posted: 10/25/2014 11:08:25 AM EDT
[#47]
Quote HistoryQuoted:
I bought some massive, well-marbled ribeyes for $6.97/lb the other day, too. The sky is not falling. Quote HistoryQuoted:
Quoted:
Quoted:
interesting deer corn is still 7.50 a bag $3.49 here, all day long. I bought some massive, well-marbled ribeyes for $6.97/lb the other day, too. The sky is not falling. Beef is way up here, but I'm probably going to buy a side or a quarter soon. My dad's partner at work is a cattleman. He just sold 145 head at a tick over $900 each. |
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Posted: 10/25/2014 11:09:50 AM EDT
[#48]
American grain is sold on a worldwide market, therefore the price is influenced by things all over the world; it doesnt just have to do with large production here at home
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Posted: 10/25/2014 11:11:35 AM EDT
[#49]
Quote HistoryQuoted:
http://fresnostate.edu/jcast/cati/images/updateimages/2014-summer/Farm%20bill%20spending%20levels.jpg Here are two pie charts which represent how your tax money is spent in the Farm Bill. The chart on the left is indicative of the Farm Bill which expired in 2012 but carried on until the new 2014 Farm Bill was passed earlier this year. It is represented in the chart on the right. I'd like to draw your attention to two items. The "Nutrition" component is what is commonly known as Food Stamps. The part most Arfcomers seem to begrudge Farmers on is called Commodities. It is important to note that beginning this year, no grain farmers receive any direct payments from the Farm Service Agency, and the programs that encouraged under production of grains ended in the 1980's. Get the fuck outta here with your "facts" This is GD, where emotional retards collide headfirst with the internet! |
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Posted: 10/25/2014 11:11:43 AM EDT
[#50]
Global climate change!!!
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