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What can be done about the gouging.

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    #11
    Go to Lake for a year screw it!

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      #12
      A sorely needed 100 basis points increase in rates and all the inputs along with grain prices fall back very quickly. Shortages disappear as well since inflation premiums deflate. Since the rain was a bust last night don't need to order any fertilizer. 25 bu/ac @ $20 is the same revenue as 50 bu/ac @$10. Less grain bags, trucking and fertilizer required.

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        #13
        Originally posted by wmoebis View Post
        I see where AB wht is hiring a private UK company to investigate and report your grain sales and pricing. Not sure what your foreign owned grain companies and buyers will think about that. Seems a private foreign company having open books to report on another company and countries deals might not go over that good in the long run. IMHO

        How about someone using checkoff $ to investigate some of these deals you guys are talking about instead? If inputs were more in line with returns year over year might be good for farmers.
        Saskeverything commissions were tasked with export sales reporting...looks like others have our interests more in mind than the checkoff funds.

        Pretty interesting...sure would like to hear from the commissions how they couldn't get it done.

        Volumes and average prices reported like the USDA has done for 50 years.

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          #14
          This is how Covid has changed the dynamics of global economics.

          Hot rolled steel prices have gone up 4X over the past year. The hottest commodity in the world. China produces about 60 percent of global steel production. The western world combined produces less than 30 percent.

          China placed a heavy export tariff on its domestic steel producers. Why? Possibly to stop steel from leaving China. Hoarding. So China now is effectively exporting inflation into global economies on steel shipments.

          Now the developer/real estate crash is in-progress. China’s economy appears in a serious slowdown.

          2 plus 2 suggests China is going to be sitting on a pile of unwanted steel soon. Will the export tariff come off? Who knows. But even if it doesn’t, steel prices have likely topped and heading lower (IMO). If the tariff comes off, global steel prices could crash.

          That’s bearish commodities (IMO) . . . .

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            #15
            Originally posted by errolanderson View Post
            This is how Covid has changed the dynamics of global economics. . .
            The CCP made evergrandes bond payment yesterday errol.

            In a world full of money printing since 2009, everything can be papered over now, until it cant.

            Comment


              #16
              Originally posted by iceman View Post
              The Brick home appliance payment program

              Iceman
              Plus coop gave us 3% cash back.
              Makes for a nice cheque..

              Comment


                #17
                Originally posted by errolanderson View Post
                This is how Covid has changed the dynamics of global economics.

                Hot rolled steel prices have gone up 4X over the past year. The hottest commodity in the world. China produces about 60 percent of global steel production. The western world combined produces less than 30 percent.

                China placed a heavy export tariff on its domestic steel producers. Why? Possibly to stop steel from leaving China. Hoarding. So China now is effectively exporting inflation into global economies on steel shipments.

                Now the developer/real estate crash is in-progress. China’s economy appears in a serious slowdown.

                2 plus 2 suggests China is going to be sitting on a pile of unwanted steel soon. Will the export tariff come off? Who knows. But even if it doesn’t, steel prices have likely topped and heading lower (IMO). If the tariff comes off, global steel prices could crash.

                That’s bearish commodities (IMO) . . . .
                There is a steel company in Regina, but its owned by a Russian. Canadian government is still funding eastern steel mills. 400 million each to dofasco and Algoma. Profitable businesses but still propped up by government . Couldn't our steel requirements be made in Canada without using pricing from collusion.

                Same goes for fertilizer.

                Comment


                  #18
                  Originally posted by errolanderson View Post
                  This is how Covid has changed the dynamics of global economics.

                  Hot rolled steel prices have gone up 4X over the past year. The hottest commodity in the world. China produces about 60 percent of global steel production. The western world combined produces less than 30 percent.

                  China placed a heavy export tariff on its domestic steel producers. Why? Possibly to stop steel from leaving China. Hoarding. So China now is effectively exporting inflation into global economies on steel shipments.

                  Now the developer/real estate crash is in-progress. China’s economy appears in a serious slowdown.

                  2 plus 2 suggests China is going to be sitting on a pile of unwanted steel soon. Will the export tariff come off? Who knows. But even if it doesn’t, steel prices have likely topped and heading lower (IMO). If the tariff comes off, global steel prices could crash.

                  That’s bearish commodities (IMO) . . . .
                  Thank China for the release of this virus that started all of this mess with help from those who funded the research in Wuhan and the WHO for being compromised for at the very top .
                  Many pointed this out in the first month of this “pandemic” now this is the result and your not wrong , China now holds the rest of the world like strings of a puppet

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                    #19
                    Xi Jinping knows international leaders are morons.

                    Just look at Trudeau.

                    Biden is failing....

                    Comment


                      #20
                      Originally posted by bucket View Post
                      Xi Jinping knows international leaders are morons.

                      Just look at Trudeau.

                      Biden is failing....
                      'Lets Go Brandon' the #1 song on iTunes also banned in Canada.

                      Click image for larger version

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                      Last edited by biglentil; Oct 23, 2021, 09:18.

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