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Retail in Big Trouble . . . .

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    #16
    Originally posted by stonepicker View Post
    Why would you compare prices in the same currency? A u.s. gal. is bought with a u.s. dollar, a canadian gal. is bought with canadian dollar. If my price goes up 10%, that's what i pay more, 10%
    For the same reason why grain prices in Canada have not fallen the same percentage as US prices. When commodities are priced in US dollars or any global currency you have to convert to a common currency if you want to compare increase/decreases.

    Another example, compare the price increase in a new JD tractor in Canada and in the US. Sure you can buy it in US dollars, but unless you have US income, you still have to convert CDN dollars to US if you want to purchase it in the states instead of Canada.

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      #17
      In US dollars per Us gallon from nov 26 2016 to January 2 2017. US average price went from 2.16$ to 2.38$. In Alberta same time period 3.18$ to 4.18$. I don't believe the change in the value of the Canadian dollar can account for the difference.

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        #18
        Bottom line is that the savings in energy costs last year helped maintain standards of living in the face of declining income around here due to the freakishly (I hope) wet season. This year doesn't look good on the cost side, and yes I am aware that the carbon tax is only one factor, but it is a factor in things going the wrong direction.

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          #19
          its about time retail feels the pinch hope it moves to ag dealers as they have been ripping us off for years with 5 to 600 percent markup on parts

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