Crude Oil's Deflationary Trigger . . . .

[biglentil]

No deflationary pressure on nat gas.

[farming101]

No deflationary pressure on nat gas.

Ya I guess the fert manufacturers were just being smart and front running the natty increase

[bucket]

Production control on resources is what cenovus is asking for from the province....what a crazy world!!!!

[AlbertaFarmer5]

No deflationary pressure on nat gas.

That chart is definitive proof that global warming must be serious. Why else would demand for gas go up just as winter starts? Obviously because everyone is running their AC driving up demand for gas fired electricity.

[errolanderson]

Sometimes it gets confusing with what is happening around the world as you point out Errol , no doubt oil is slipping. But we as farmers are still starring directly at ever increased costs , almost daily if you have priced out fertilizer over the past two weeks . Machinery continues to skyrocket... so is it the deflation that leads to inflation?? Kinda smart ass but reality simply does not reflect to what coming out of our pockets ???
So should we expect lower costs for fuel , fert , machinery?? Not increased costs ?
If lower , just how bad are we currently getting screwed?

furrow, I’m concerned about the markets, concerned about ag, concerned about the trades, concerned about the housing market, concerned about families with heavy debt, the list goes on. Thankfully, Calgarians rejected the Olympic bid (IMO) . . . . There may be a huge setback for most everyone heading toward 2020.

Not mincing words, but we are heading toward a potential deep recession, driven by debt overload and credit market fallout. U.S. banks are now starting to feel the fallout. U.S. analysts are quick to blame Europe, but that may or may not be the whole story. Credit market fallout ie; liquidity is now on my radar.

North American growers will be faced with oversupply. This means a push toward bigger yields, but at lower prices. There will be rallies, but there will be disappointments. The dynamics of global commodities are shifting. Gov’t, bankers, politicians will not face up to deflation risks. Inflation stateside has only been driven by Trump’s tariffs skewing costs. This is not inflation (IMO).

Debt not longer drives economic growth. This means to me, the debt bubble has burst. I’m pissed at our leaders, there is simply little economic savvy, just can kicking policies that have now come home-to-roost.