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The Pigs start a Total Melt down!

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    The Pigs start a Total Melt down!

    The pigs Portugal, Italy Greece and
    Spain start a global meltdown again.
    Here we go again.
    Started with Greeces election where they
    couldnt decide who was going to lead
    them.
    Italy has problems bigger than greece.
    Usa dollar is climbing, Gold and Oil are
    dropping.
    So as we are delayed seeding in western
    Canada. What the hell is really
    happening.
    Simply this is new ground charts dont
    work etc when the world is simply all
    broke.
    So how does $5.00 for your fall wheat
    sound.
    Or 9 for your canola or 1.89 for oats
    and 3 for barley.
    Just makes you want to go out and risk
    it all on a crop.

    #2
    You can forward price $12.00 canola $3 oats and $6.50 wheat right now if your so Bearish.

    Comment


      #3
      Poor farmer I know that Dah. Just seems funny
      the pigs started the latest crash,

      Comment


        #4
        Thats exactly right Richfarmer,or you can sit there and whine and complain about everything!!Saskfarmer3 were you a only child and you were spoiled rotten,everytime something didn't go your way you whine and whine some more!!In my 80 some years here,i don't think i have even met a woman that complained and whined as much as you do!!Now thats something to be really proud of!!

        Comment


          #5
          Thank you TNT, couldn't agree more.

          Maybe its just a reminder for S3 and his tone.

          And to call them Pigs also???

          No matter how poorly a country has been run and the position they put themselves into, not sure if that's the right term.

          We all need to keep in mind how good we have it regardless if its too wet right now and we are getting our brand new 4830, or whatever that thing is, dirty in the field.

          Comment


            #6
            The problems in Europe and the US have been around for a long time now and discussed on Agriville extensively. On the financial markets, we have had a pretty nice run higher (I can open my investment statements again without crying). The question is how long this will continue. Everyone will have their own answers. DJIA monthly chart below.

            <a href"http://www.farms.com/markets/?page=chart&sym=DJM12&domain=farms&studies=Volume; &cancelstudy=&a=M">Monthly DJIA</a>

            I will leave discussion go on your day to day marketing decisions. I would be more worried about your medium and long term decisions around capital purchases (land and machinery) and financing. Risk assessment and planning will be key ahead. A solid balance can help a business survive bad times if they occur (I may be overly pessimistic).

            Comment


              #7
              Rats

              [URL="http://www.farms.com/markets/?page=chart&sym=DJM12&domain=farms&studies=Volume; &cancelstudy=&a=M"]DJIA Monthly[/URL]

              Comment


                #8
                SF3, buy some put options. But then your
                next post will be "already bought 10
                million tonnes of puts at 700 a tonne."

                And the one after that, can't seed its too
                wet, then the next post will be, "8000
                acres of canola seeded today, hoping to
                get more done tomorrow."

                Yup, getting pretty old.

                Comment


                  #9
                  To all except charley !
                  Melt down is happening and it's because of the
                  pigs (Portugal, italy,Greece,and Spain) read.
                  TNT you have been 80 for last 20 years.

                  Comment


                    #10
                    To all its not complaining its called farming
                    nothing is perfect.
                    But boy are weaving fun.

                    Comment


                      #11
                      Well i better finish seeding and lock in some bus before meltdown. Should be done end of next week. 1/3 done now so we may start pricing 20% of that asap.
                      Thanks for the heads up, I have been woried about the ship show being the same as 2008 meltdown.

                      Comment


                        #12
                        What is interesting to me today is the re-jigging of currency valuations and impact on commodity prices. Canola is slightly (not a big amount) on the plus side in spite of a sea of red in US markets. A factor is a weaker loonie.

                        Comment


                          #13
                          Able to hedge USD currency sales at parity today. A 2% advantage over the last month. Makes a differance.

                          Comment


                            #14
                            I had to go check my driver license and it says i'm 83,so i better inform sgi my age is wrong according to some genius.Your Dad must be so proud of you.

                            Comment


                              #15
                              Ahh, this is all making sense. Everyone is going crazy not being able to seed, so now the shop arguements between Saskf3 and his dad T.N.T. have carried onto Agriville! lol j/k

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