weltschmerz
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Post by weltschmerz on Dec 29, 2018 15:18:21 GMT -5
Trump pulled out of a massive trade deal. Now 11 countries are going ahead without the US New York (CNN)A major 11-country agreement goes into effect Sunday, reshaping trade rules among economic powerhouses like Japan, Canada, Mexico and Australia — but the United States won't be a part of it. <snip> "Our competitors in Australia and Canada will now benefit from those provisions, as US farmers watch helplessly," said US Wheat Associates President Vince Peterson at a hearing on the potential negotiations with Japan. Tariffs will be phased out over a 15-year period under the CPTPP. Tyson Foods and Welch's have both complained to the US Trade Representative's Office about how their products will be at a significant disadvantage around the world if no action is taken. www.cnn.com/2018/12/29/politics/tpp-trade-trump/index.htmlWhat an astoundingly stupid man you elected! What a deal-maker!
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dondub
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Post by dondub on Dec 29, 2018 15:26:09 GMT -5
Sometime soon there will be a poster that will explain how within 1-2 years Trump’s manouevers will more than level the playing field and Make America Great Again.
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Rukh O'Rorke
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Post by Rukh O'Rorke on Dec 29, 2018 15:35:53 GMT -5
Sometime soon there will be a poster that will explain how within 1-2 years Trump’s manouevers will more than level the playing field and Make America Great Again. by leveling the playing field, I'm assuming you mean the US's historical advantages are being leveled? Well done, president trump.
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weltschmerz
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Post by weltschmerz on Dec 29, 2018 16:34:25 GMT -5
Somebody will have to come in and undo all the damage this asshole has wrought. This will include changing the EPA rules for adding more pollutants and mercury into the environment. www.cnn.com/2018/12/28/politics/epa-proposal-pollution/index.htmlLearner added that the proposal "undermines MATS by retroactively recalculating the costs and benefits of the rule, which most utilities have already fully implemented. The misguided proposed changes leave MATS legally vulnerable and foolishly make it harder to strengthen mercury pollution reduction standards in the future to better protect children's and women's health, and Great Lakes fisheries." Women? Children? Great Lakes? Who cares? They're not billionaires who pay to hobnob at Mar-A-Lago. Those are the people who count!
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Shooby
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Post by Shooby on Dec 29, 2018 16:35:08 GMT -5
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weltschmerz
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Post by weltschmerz on Dec 29, 2018 16:41:46 GMT -5
Yeah, it's a real laugh riot! A veritable knee-slapper!
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Shooby
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Post by Shooby on Dec 29, 2018 16:42:45 GMT -5
Yeah, it's a real laugh riot! A veritable knee-slapper! MAGA. I am having a great time. Gas prices are down. The economy is doing well. And, it hasn't snowed much here thanks to Trump ramping up global warming! LOL
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Tennesseer
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Post by Tennesseer on Dec 29, 2018 16:57:11 GMT -5
Sometime soon there will be a poster that will explain how within 1-2 years Trump’s manouevers will more than level the playing field and Make America Great Again. It took a little over an hour.
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weltschmerz
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Post by weltschmerz on Dec 29, 2018 16:57:51 GMT -5
Yeah, it's a real laugh riot! A veritable knee-slapper! MAGA. I am having a great time. Gas prices are down. The economy is doing well. And, it hasn't snowed much here thanks to Trump ramping up global warming! LOL Lol! You think Trump did that? You really have no idea what causes the price of a barrel of oil to drop, do you? It must be Trump's magnificence! It seems that no rational thought can penetrate that bozone layer surrounding you.
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dezii
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Post by dezii on Dec 29, 2018 17:05:07 GMT -5
Sometime soon there will be a poster that will explain how within 1-2 years Trump’s manouevers will more than level the playing field and Make America Great Again. and also within those two years it will be found that the moon is made up of cheeze as thought back in the day.
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Shooby
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Post by Shooby on Dec 29, 2018 17:14:32 GMT -5
MAGA. I am having a great time. Gas prices are down. The economy is doing well. And, it hasn't snowed much here thanks to Trump ramping up global warming! LOL Lol! You think Trump did that? You really have no idea what causes the price of a barrel of oil to drop, do you? It must be Trump's magnificence! It seems that no rational thought can penetrate that bozone layer surrounding you. All you have is insults. Carry on. We deplorables will just keep on! LOL!
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steff
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Post by steff on Dec 29, 2018 19:43:30 GMT -5
he has now completely destroyed the US Soybean industry. China officially is now buying 0% of our soybean crops. There is no market for our soybean farmers to sell to that would come near the volume that China bought. It took decades for farmers to cultivate that level of trade and he destroyed it completely in 2 years. Low gas prices aren't going to replace an entire agricultural industry.
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phil5185
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Post by phil5185 on Dec 30, 2018 8:23:42 GMT -5
lol - ya think? I recently hauled 40 grain truck loads (50,000 lbs each) to market, they went on barges down the River to New Orleans. We got the market price plus Trump's 2018 subsidy (an extra $1.60 per bushel). The bean & corn farmers that I talked to seemed pretty pleased with Trump's plan.
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countrygirl2
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Post by countrygirl2 on Dec 30, 2018 10:39:48 GMT -5
So the taxpayers are paying to bump the prices up? That sounds sustainable when before we did not have to do that.
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phil5185
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Post by phil5185 on Dec 30, 2018 13:01:25 GMT -5
Been doing it for a few decades. Actually, SNAP is now the largest component of the US Farm Bill.
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kadee79
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Post by kadee79 on Dec 30, 2018 19:09:24 GMT -5
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steff
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Post by steff on Dec 30, 2018 19:29:51 GMT -5
Interview with a soybean farmer from earlier this month.
BOYD: Well, basically, the market is stale, and a lot of the grain elevators are full to their max. And, out in the Midwestern states, they're not even taking any more grain in. They're actually stockpiling it and covering it with tarps. And this is the worst thing I have seen, you know, since I've been a grain farmer. And the actual price of grain has fallen off, dramatically, to about $8 a bushel. And, for a farmer to break even, we need at least $9 or maybe $9.50 to actually break even.
So the president came up with some 12, $13 billion bailout, which he said would help, you know, farmers and get them over the hump. But that doesn't do it either, you know? It's pretty much like $1.60 a bushel. In time, the government takes their share out - it equates to less than a dollar that actually goes to the producer himself... His comments on the bailout.
MARTIN: Have you been able to benefit from this program at all? I mean, one of my colleagues, David Greene, spoke to another fourth-generation farmer...
BOYD: Yes.
MARTIN: ...Like yourself, in Illinois. And he said that he filled out the paperwork this fall...
BOYD: I hate to...
MARTIN: He had had a lot of forward contracts, and he said that they were able to lock in some prices. He says that the turnaround time is quick, that you file your production with the office and that you're paid on a per-bushel basis. And he said that he's making out OK with that. What about you?
BOYD: We're not because you still have to go through all of the government loopholes. And I did apply. I'm going to let you know I went into the ASCS (ph) office in my local county - Mecklenburg County, Va. I applied. And, immediately, the NRCS, the agency that - which you have to comply with and have a approved plan on file, immediately came out to my farm and demanded a whole lot of changes that I would have to put into place and, actually - to receive the funds.
MARTIN: So you've not gotten any funds...
BOYD: I haven't gotten any money from it. But I've got a lot of paperwork on necessary changes that I would have to meet to - in order to comply. BOYD: A stable market. Every farmer - a farmer my size is going to want to drive within an hour's distance to his local elevator. And when I get to that elevator, I've already put in the time and energy in my crop. I simply want a fair price. In 2012, I was selling soybeans for $16 a bushel. And here it is. We're heading into 2019, and I'm selling soybeans for $8. Something is terribly wrong with that picture, where the market has just - fell off like that. And it's because he's playing footsie with China and other markets that were pretty stable for American farmers. He's put all that, now, into play and really holding farmers hostage at his political decisions.
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phil5185
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Post by phil5185 on Dec 30, 2018 20:17:47 GMT -5
We do that almost every year - literally 100% the harvest happens in Oct, the transportation system from the fields > grain elevators > river barges clogs. And it takes a few months to move it from the stacks to the River. As you can see in the pictures, it is a semi-permanent system, the bean piles are on concrete pads with a concrete barrier about a 3 feet high around them. And there are augers in place to move the beans to transport trucks/train cars.
That's correct, $16 - it was a very good year. And 2018, the price was $10.15, counting the subsidy. But the $16 was the outlier, not the $10, I'm 80, the $16 happened once in 40 years that I know of. Most growers forward-contract up to 50% of their crop, very few sell the whole crop at the harvest-low.
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countrygirl2
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Post by countrygirl2 on Dec 30, 2018 22:27:21 GMT -5
I believe its different this year, I'm hearing rumbling around, we are in the middle of farm country. I've never seen so much grain stacked and we are seeing temporary type bladders in farmers fields now. So tell me again how good this is for farmers? trump screwed them and is screwing this country big time. Nobody even knows what to plant next year.
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kadee79
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Post by kadee79 on Dec 30, 2018 23:24:19 GMT -5
We do that almost every year - literally 100% the harvest happens in Oct, the transportation system from the fields > grain elevators > river barges clogs. And it takes a few months to move it from the stacks to the River. As you can see in the pictures, it is a semi-permanent system, the bean piles are on concrete pads with a concrete barrier about a 3 feet high around them. And there are augers in place to move the beans to transport trucks/train cars. That's correct, $16 - it was a very good year. And 2018, the price was $10.15, counting the subsidy. But the $16 was the outlier, not the $10, I'm 80, the $16 happened once in 40 years that I know of. Most growers forward-contract up to 50% of their crop, very few sell the whole crop at the harvest-low. What a bunch of BS! Remember, you are talking to an old farm gal who grew up in central Ill. who has family still there and some extended family are still farming. Piles of soybeans on the ground is not normal...normal would be hauling it to the elevator, then it getting loaded onto trains to go where it gets shipped out...bt, dt myself back in the day. And how much of a crop gets sold ahead (forward-contract) depends on each farmer's financial situation...some will, some won't & some will sell part...it just all depends. And now there is this.... www.nydailynews.com/news/national/ny-news-farmers-lose-federal-payments-loans-shutdown-20181230-story.htmlSo if the payments are coming later...how are you getting that $1.60 extra + market when you haul your beans? Looks like the crop has to be certified before any payments will go out & ALL the paperwork has to be up to snuff too!
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tbop77
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Post by tbop77 on Dec 31, 2018 5:15:06 GMT -5
lol - ya think? I recently hauled 40 grain truck loads (50,000 lbs each) to market, they went on barges down the River to New Orleans. We got the market price plus Trump's 2018 subsidy (an extra $1.60 per bushel). The bean & corn farmers that I talked to seemed pretty pleased with Trump's plan. Translate: President Trump's welfare to keep his voting base happy. If a Dem did something like that, you'd call it buying votes. BTW, you can bet your bottom dollar President Trump will not have to worry about paying a penny of that money back, so call it what it is: a taxpayers subsidy to keep his voters happy. And by your post, it worked!
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phil5185
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Post by phil5185 on Dec 31, 2018 11:42:27 GMT -5
Correct. But what's your point, did someone say otherwise? As for Dems doing something like that - they have done that many times over the last 85 years.
Piles of soybeans on the ground is not normal...normal would be hauling it to the elevator, then it getting loaded onto trains to go where it gets shipped out...bt, dt myself back in the day. And how much of a crop gets sold ahead (forward-contract) depends on each farmer's financial situation...some will, some won't & some will sell part...it just all depends.
Yeah, back in the day grain storage was at the elevator or on the farm. These days the elevators fill up, the 5000-bu train cars sit on sidings, and when all is full, you use the 'piled-on-slabs, covered with tarps' methods. With huge portable augers, it is practical storage, compared to shoveling a mountain of grain by hand.
As for hitting the market - farmers put the crop in storage, watch the market price, then call in a sell-order when the price looks good (kinda like watching the stock market) In 2012 when the price hit $16, almost no one had any beans to sell, almost all of the crop had already been sold. (the shortage caused the price spike). Brazil is a major player in the world bean market - they harvest 6 months later/earlier than the USA - that is a big factor in hitting a good price. But you have to pay for the 6 months of storage.
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steff
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Post by steff on Dec 31, 2018 13:59:05 GMT -5
And it's bad times for lentils and peas, too. In the agriculture industry, these are all called pulse crops. The largest importers of U.S. pulse crops have slapped tariffs on them, and they've been sitting in silos ever since. The real trouble started early this year, with the U.S. pulling out of the Trans-Pacific Partnership. Then came President Trump's steel and aluminum tariffs. China and India are the two largest buyers of American garbanzos, peas and lentils, and those exports have all but stopped. Other countries are holding off on buying them, too, while the prices are unstable. It was a bit of a roller coaster," Druffel says. "It was one of the best crops we've ever harvested. And then to see the pricing take a 40 to 60 percent fall is really unfortunate. If you're talking real numbers, in February of 2018 I sold chickpeas for 50 cents a pound — and today they're trading at 18 cents a pound."
"To describe this as a bad year for export markets is a gross understatement — this has been a real catastrophe," McGreevy says. So far, pulse farmers haven't been awarded much in the way of government payments or help
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kadee79
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Post by kadee79 on Dec 31, 2018 14:46:07 GMT -5
Under "normal" conditions...even today... beans would either be put in storage and/or shipped...by train or by truck for either processing or further shipping (abroad). If crops have been pre-sold, they are going where they were sold asap...NOT sitting in storage or on the ground. It is still not normal for huge piles to be sitting out in the weather due to concerns about moisture (then having to pay for drying on top of storage charges) and mold & rodent/insect damage.
Every heard of A.E.Staley?....you know, the big processor of soybeans & corn in Decatur, Ill....my home town. ADM also has a big plant there.
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tbop77
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Post by tbop77 on Dec 31, 2018 16:23:50 GMT -5
Correct. But what's your point, did someone say otherwise? As for Dems doing something like that - they have done that many times over the last 85 years. Piles of soybeans on the ground is not normal...normal would be hauling it to the elevator, then it getting loaded onto trains to go where it gets shipped out...bt, dt myself back in the day. And how much of a crop gets sold ahead (forward-contract) depends on each farmer's financial situation...some will, some won't & some will sell part...it just all depends.Yeah, back in the day grain storage was at the elevator or on the farm. These days the elevators fill up, the 5000-bu train cars sit on sidings, and when all is full, you use the 'piled-on-slabs, covered with tarps' methods. With huge portable augers, it is practical storage, compared to shoveling a mountain of grain by hand. As for hitting the market - farmers put the crop in storage, watch the market price, then call in a sell-order when the price looks good (kinda like watching the stock market) In 2012 when the price hit $16, almost no one had any beans to sell, almost all of the crop had already been sold. (the shortage caused the price spike). Brazil is a major player in the world bean market - they harvest 6 months later/earlier than the USA - that is a big factor in hitting a good price. But you have to pay for the 6 months of storage. Turns out, he's no different than any other politician and I'm glad to see you agree: 51. Reduce the $18 trillion national debt by "vigorously eliminating waste, fraud and abuse in the federal government, ending redundant government programs and growing the economy to increase tax revenues." www.washingtonpost.com/news/post-politics/wp/2016/01/22/here-are-76-of-donald-trumps-many-campaign-promises/?noredirect=on&utm_term=.03a9dcc75f2b
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phil5185
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Post by phil5185 on Dec 31, 2018 17:04:48 GMT -5
No, I hadn't - I looked up his bio, interesting. I had heard of Archer Daniels Midland.
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kadee79
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Post by kadee79 on Jan 1, 2019 0:28:38 GMT -5
Well, the Staley plant stinks to high heaven...all that processing.
Check your corn starch...it may be made by Staley Co., Decatur, Ill.
They used to make the centers for golf balls too...a side product. Those balls were great for playing jacks. You had to cut off the cover & unwind what seemed like a 1000' of "stringy rubber"...like rubber bands, to get to the ball inside.
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djAdvocate
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Post by djAdvocate on Jan 1, 2019 14:29:25 GMT -5
Yeah, it's a real laugh riot! A veritable knee-slapper! MAGA. I am having a great time. Gas prices are down. falling energy prices are an indicator of economic weakness.
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Value Buy
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Post by Value Buy on Jan 1, 2019 15:37:10 GMT -5
he has now completely destroyed the US Soybean industry. China officially is now buying 0% of our soybean crops. There is no market for our soybean farmers to sell to that would come near the volume that China bought. It took decades for farmers to cultivate that level of trade and he destroyed it completely in 2 years. Low gas prices aren't going to replace an entire agricultural industry. You do know China announced a week or two ago they are buying soybeans again. And rice, which surprises me because Asians think American rice is inferior to their stocks of rice. If you check December 2017 soybean price quotes and December 2018 quotes there is about one dollar difference.
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Value Buy
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Post by Value Buy on Jan 1, 2019 15:39:04 GMT -5
I believe its different this year, I'm hearing rumbling around, we are in the middle of farm country. I've never seen so much grain stacked and we are seeing temporary type bladders in farmers fields now. So tell me again how good this is for farmers? trump screwed them and is screwing this country big time. Nobody even knows what to plant next year. Are the "grain stacks" soybeans or corn? My area of Indiana it is corn.
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