fun farming when the occational time the kids come along

[sumdumguy]

We are on the last Canola field, so as soon as I am free I am taking my money to Australia, even if I have to move there -I think!

[hobbyfrmr]

Agreed with posts. I am grateful for my children. They are 3-12 yrs old. Oldest one is quizzical and interested. For the most of the farming season they are off and running with Mom pursuing extra curricular activities.
I am thannkful for my helper. He knows more about whats going on at this gong show!
I have always contemplated being tucked into a sweet union protected job. Definite low risk lifestyle if a person can live within it.

[cottonpicken]

Farm just an opinion but paper assets take the hit. Bond holders currency holders pensions. Assets will rise but the nominal return is key. Zimbawe had one of the best preforming stock markets but at the end of it your portfolio could by you breakfast. Farmers are in a good position realitivly

[cottonpicken]

Qe is the monetization of debt. That is game over nothing left but the crying

[mbdog]

errol...you might not be far off your Monday call. Weeklies just a big ugly.

[errolanderson]

mbdog . . . nasdaq futures down 2.33% in early trade tonite.

all the stars appear aligning on this one which suggests a poor opening tomorrow. the key will be the fight back by mid morning or will the market surrender?

guess we will all know soon . . . .

[farmaholic]

How do people who don't do this(tracking financial markets) for a living find the time to follow this stuff. I feel somewhat overwhelmed at times just operating this place. I don't even read all the newsletters and papers I subscribe to everyday or from week to week. I realize winter offers more time but I don't think this is a "seasonal" thing. Like buying and selling stocks, it takes a bit of a commitment to do it right.

[mbdog]

farmaholic...Errol's comments made me curious...looked at the weekly charts of dow, nasdaq, and s&p...at a glance...ugly technical. Errol's right...times gonna tell...but if I was a chart trader I'd be a bit nervous long.
Might be nuthin....

[hobbyfrmr]

I am like farmaholic, i kind of understand it. But why cotton, are farmers in relatively good shape?
I carry land mortgage debt and machinery debt. It seems to me like i could not tolerate more than a 4% increase in interest.
Grain prices would suffer because if canada is luckier than other countries our currency would stay somewhat stronger than other countries. That would lead to lower grain prices.

[cottonpicken]

Its end game theory far out there stuff

Banks are still selling default swaps on japan for a hundred points with the amount of capital they need to set aside for the trade at a number that ryhmes with hero.

The timeline is out there and financial memory is two years another theory from a man smarter than me

Canada is ****ed are fx reserves are inadiquate are current account is negative we are running major deficits hidden in our provincial budgets kick in the worlds most obvious relestate bubbles left to pop at least our banks attempted to follow the basel treaties

Major shock and awe in the markets and it will continue.

[hedgehog]

Cotton, if you think canada is in a mess, what do you think of the UK?
We are roped to that sinking ship since we voted NO.

[GOODRUM]

When the combine is making dust it sure lifts the spirits, beautiful time!
Wife is getting dam good at burning as much diesel running it at capacity as I can.
Boy just turned 13 and he's on the cart while I juggle spraying and unloading semi.
10 yr old boy could do all of it if his legs were a little longer, mostly in the gator keeping coffee cups full for now.
15 year old girl is working low spots and was 15 miles away today by herself, radios and phones sure are nice, not like when I was there age.
18 year old boy headed west after grad and missing out this year but getting a good experience and making money ! Wow the money!!
Also had a town kid out this weekend , it's fun to share the excitement and show them what we do out here.
Extra bold keurig coffee rocks!!