Posted on 03/16/2008 9:28:25 PM PDT by TigerLikesRooster
Oh, I’m probably wrong. I am often. Thanks for setting me straight. ;-)
Sure. It’s not snowing at the moment. It’s a balmy 25F outside. And the wife finally went to bed so I can surf without the background yapping.
: )
I think the point is that if there is a drought or a storm or something and the crops fail, farmers are in major debt. If they do have insurance the insurance companies are at risk of needing a bailout. Add a major crop failure and an insurance bailout to the current economic stresses and strains and you are talking about some really really scary stuff.
I think. I’m no money expert.
I’m sorry for that. Wheat is a favorite, here.
Can you eat corn? Corn tortillas can be used in place of wheat bread, I think.
some people are doing very well in this economy.....
I am not net savy, but are there people who would like to post PRICES at supermarkets etc that are good value?.....we can all make it thru this recession/inflation/stagflation/depression working together.....any volunteers?
The root cause is inflation as in the dollar is worth less.
The fed is inflating its way out of the current banking crisis. Everyone who holds dollars (or dollar based assets) is the loser.
So some people will make a lot of money by producing small milling units (grinders) for families and individuals. It’s time for victory grain gardens.
I don't. For years farmers have been bellyaching about low commodity prices, and have soaked the taxpayers for price subsidies to bring the market price up to the high level it assumed briefly during World War I. Finally, the ag sector has its wish: record high commodity prices. Why is this a problem? Costs are up too, but those years of low wheat and corn prices were at the same time years of low prices farmers paid for the commodities they used in production. Anyone whose business sense is not numbed by government subsidy can maintain a profit when prices are low and when prices are high.
If you ask a farmer in New Zealand why he hates America, the answer has nothing to do with Iraq or 9/11. It's because while he toughs it out in the free market, his American competitors are subsidized. Oh, and we limit imports of their lamb also, to keep farm prices high.
Why are we importing wheat?
From a FR thread posted a few minutes after you submitted the above, and is presently listed right above this thread we are here on
Could it be? Someone may need to give that fellow some warm cookies and milk!
This idiotic ethanol policy of the goobermint has indeed caused price increases in numerous mkts...but wheat has not been affected by this lunacy except very modestly, and indirectly.
However, I have noticed over the past three years prices have crept, jumped and leaped higher and higher.
It seems a few short years ago prices would go up and then return to normal after a while.
But for the last few years those people I know who live on a fixed income have really started complaining about the rise in everything from medicine, fuel to groceries.
I can understand that many have good jobs, raises and vacation time but all of that is fleeting if the company you work for decides to raise share prices buy downsizing.
So before jumping on the old argument that it's just a bunch of people who need to go out and get a real paying job be very careful.
I am a believer that America runs in slow up and down cycles and then there is an adjustment.
I think the economy is trying to make an adjustment but the government is determined not to let real correction take place.
Bailing out every Tom Dick and Harry financial company reeks of Socialism.
Just the lowly opinion of a red state wannabe.
Ridiculous exaggeration. There is no possibility that this can be true. Fuel is not three times more expensive than three years ago, and tractors are not three times more expensive. Perhaps this is true of seed or fertilizer but that cannot explain such a staggering increase in the cost of production.
I think the farmers are poor-mouthing because they don't want the public to yank the Federal farm-support teat away from them now that crop prices are near all-time highs.
-ccm
Cherry - I have often thought of a running thread about just that - ways we can all get together and help each other. There are so many things we can do - and we have so many posters here.
I personally, have been stocking up for quite some time, now. All the necessities - with the possibility that the grocery stores could be closed for awhile.
I have a major supply of water, too - batteries, oil for lamps, etc. It’s just a security for me. I have always been like that. Guess it is because of the stories my dad told me about living through the Great Depression.
Record grain prices....so it is time to phase out farm subsidies....
Fertilizer and other chemical costs HAVE doubled and tripled. Fuel prices have gone up about 30%, seed prices are through the roof (have nearly doubled).
I live right here in farming country, and the majority of our church members are farmers.
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