The Market Knows!

[bucket]

Grow more make less. Yep makes sense.

[sumdumguy]

Hopefully by fall we will see oil rebound to at least a break-even level and oil workers can return to the patch, make their house, car and other payments and feed their families.

[PrairieDude]

Good lesson to live within ones means. Does a 20 year old kid need a 1 ton diesel all decked out pulling a trailer with new equally decked out quad/sled?

[perfecho]

We needed this correction, things were getting out of hand for wages, entitlements and values put on oil workers....but not others.
And it showed how poorly our sacred cow government was managing so poorly.....

[perfecho]

If no money to be made, why put in a crop......has always buffaloed me...summer fallow half and get more on what you grow...learn from business models that make money. Unless, of coarse, we want to be the China of the food market.

[bucket]

Why don't government officials get the same adjustment?

Including politicians.

[blackpowder]

Gee, for further happy thoughts we can consider in 1929 wheat price fell in half so all the future dustbowl acres seeded to wheat doubled. Ah, farming. Nothing new.

[bucket]

Look at the railroads. Sold off their locomotive fleet and laid off employees and make more money doing less.

And harrison will probably do what csx did in the states because he can't keep up.

Never mind the country's infrastructure is now ****ed by downloading their business to the public highway system.

[furrowtickler]

We may see the same kinda hit in Ag this year - well on our way now with some prices tanking below COP.
very few people will be concerned and wages will not be cut or people laid off that service Ag- it is their god given right now to suck every last Pennie from our pockets regardless if the actual guy providing the cash for the whole system - the farmer - makes a few bucks or not.
Some Machinery companies will/are feeling the pinch. Although I have never seen so many new massive seeding outfits heading out over the past two weeks than anytime in my life. There has been a huge amount of money exchanged this spring in iron and tires from dealer lots and auction sales.
This will be an interesting year , more so than the past 10 by the time Nov/ Dec roll around if grain prices keep going down the drain .

[tweety]

Canola prices have been 10 bucks for 6 months. Hardly down the drain. Same with flax, fabas, peas, barley.....