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What can be done about the gouging.

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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) . . . .

      Comment


        #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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                    #21
                    Originally posted by wiseguy
                    Thats part of the plan

                    Then pull the pin at the end of 2022 put on a Stetson and ride off into the sunset !
                    Maybe I will put my land into permanent chemfallow as a protest. World doesnt deserve my food.
                    muh Net Zero.

                    Comment


                      #22
                      Originally posted by jazz View Post
                      Maybe I will put my land into permanent chemfallow as a protest. World doesnt deserve my food.
                      muh Net Zero.
                      Must be nice to have paid for land...

                      Comment


                        #23
                        Originally posted by AlbertaFarmer5 View Post
                        Must be nice to have paid for land...
                        When the BTOs land lock you for 20yrs you will find your stock portfolio income grows bigger than your farm income.

                        Practically a hobby farmer now.
                        Last edited by jazz; Oct 23, 2021, 14:17.

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                          #24
                          Why is everyone so certain that input suppliers are gouging us?
                          They are all facing increased raw product costs, transportation costs, energy costs, labor costs, regulation, risks and uncertainties, plus supply chain constraints and shortages.
                          Yet myself as a farmer, I have doubled the prices of my products this year, yet my costs to grow the 2021 crop certainly didn't double, maybe the farmer is the one doing the gouging? Admittedly, 2022 will be a different story.
                          And what about the hay farmers with good crops in my local area, prices are up by two or three times, yet their costs barely changed from last year.

                          I guess I don't go through life assuming that someone else is out to get me at every turn.
                          Last edited by AlbertaFarmer5; Oct 23, 2021, 14:34.

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