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Da Economy

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alum74

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Re: Da Economy
« Reply #465 on: March 19, 2026, 10:49:48 AM »
Quote from: Custard on March 19, 2026, 02:28:01 AM


Want me to go back and repost all the times you lambasted American farmers last fall or do you still remember it?

I remember pointing out that the tariffs were damaging the ag sector. 

Global markets disruption + higher input costs + economic uncertainty + flip-flopping policies = declining profitability.
https://www.google.com/amp/s/thehill.com/business/5725318-farmers-trump-tariffs-usda/amp/


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murphstahoe

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Re: Da Economy
« Reply #466 on: March 19, 2026, 12:34:04 PM »
Quote from: Custard on March 19, 2026, 02:28:01 AM

Want me to go back and repost all the times you lambasted American farmers last fall or do you still remember it?

Pointing out that Trump is fucking the farmers is lambasting Trump - not the farmers.
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Jobu

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Re: Da Economy
« Reply #467 on: March 19, 2026, 01:03:04 PM »
Quote from: murphstahoe on March 19, 2026, 12:34:04 PM
Pointing out that Trump is fucking the farmers is lambasting Trump - not the farmers.

Most of the farmers voted for Trump. They get what they get.
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murphstahoe

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Re: Da Economy
« Reply #468 on: March 19, 2026, 01:23:49 PM »
Quote from: Jobu on March 19, 2026, 01:03:04 PM
Most of the farmers voted for Trump. They get what they get.

I'm more focused on helping them figure out they got conned so we can start fixing this shit.
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Jobu

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Re: Da Economy
« Reply #469 on: March 19, 2026, 02:58:32 PM »
Quote from: murphstahoe on March 19, 2026, 01:23:49 PM
I'm more focused on helping them figure out they got conned so we can start fixing this shit.

It's very hard to fix brainwashed people that are in a cult. Like, damn near impossible.
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Reacher

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Re: Da Economy
« Reply #470 on: March 19, 2026, 04:42:08 PM »
Quote from: Jobu on March 19, 2026, 02:58:32 PM
It's very hard to fix brainwashed people that are in a cult. Like, damn near impossible.

Amens to that. Don’t want to admit they got duped.
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Wanting America to be better is not America-hating, it’s patriotism.
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Custard

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Re: Da Economy
« Reply #471 on: March 19, 2026, 05:07:46 PM »
Quote from: murphstahoe on March 19, 2026, 10:06:25 AM
Unless those farmers have a huge diesel repository on their farm - the price of diesel last winter don’t mean shit.

And for both fuel and fertilizer - buying hedges last year don’t mean shit if there is no product for physical delivery. The guys who ran “The Big Short” made a lot of money but in many cases were only getting 30 cents on the dollar for their insurance contracts because the counter party was broke

They do have huge diesel tanks and they fill them when the price is low.

One place I was at the other day had a million gallon tank for UAN (nitrogen water, basically) that was almost full. It’s what he and their neighbor need for the entire year.

You don’t buy fertilizer hedges, you buy and prepay for the product at a discount. There is no shortage. Our fertilizer doesn’t come from the Middle East.
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Reacher

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Re: Da Economy
« Reply #472 on: March 19, 2026, 05:10:05 PM »
Quote from: Reacher on March 17, 2026, 01:40:57 PM
Gas up another 40 cents today in my neighborhood

Womp, womp, womp…

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Wanting America to be better is not America-hating, it’s patriotism.
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murphstahoe

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Re: Da Economy
« Reply #473 on: March 19, 2026, 05:19:22 PM »
Quote from: Custard on March 19, 2026, 05:07:46 PM
.

You don’t buy fertilizer hedges, you buy and prepay for the product at a discount. There is no shortage. Our fertilizer doesn’t come from the Middle East.

Then crop price increases are a mistaken reaction by wall street based on faulty intelligence on the impact of fertilizer costs.

please show us the records of your current short on the corn markets where you are exploiting this mistake. Or just ask your woman to send us your balls because clearly you never use them
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Judge Judy

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Re: Da Economy
« Reply #474 on: March 19, 2026, 05:25:45 PM »
Quote from: murphstahoe on March 19, 2026, 05:19:22 PM
Or just ask your woman to send us your balls because clearly you never use them

I think you’re confusing him with Tempo…
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murphstahoe

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Re: Da Economy
« Reply #475 on: March 19, 2026, 05:35:08 PM »
Quote from: Judge Judy on March 19, 2026, 05:25:45 PM
I think you’re confusing him with Tempo…
Tempo is an Uber driver, that takes some fucking balls.

Custard tells us how the world supposedly works, but never has the balls to actually trade on it. Which is a good thing because in addition to not having any balls, he has no brain.
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Custard

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Re: Da Economy
« Reply #476 on: March 19, 2026, 05:49:08 PM »
Quote from: murphstahoe on March 19, 2026, 05:19:22 PM
Then crop price increases are a mistaken reaction by wall street based on faulty intelligence on the impact of fertilizer costs.

please show us the records of your current short on the corn markets where you are exploiting this mistake. Or just ask your woman to send us your balls because clearly you never use them

My trades are doing great. Not sure I’d be short corn long term considering a lot of acres will get switched to lower input soybeans/sorghum unless there’s a serious corn rally to buy corn acres ahead of planting.
 
Farmers don’t get to pass along the additional costs of fuel or fertilizer. The guys trading at CBOT don’t care whether farmers are selling grain for more than the cost of production.

Crop prices are up more because of speculative buying which always happens in these situations. Also because the price of biofuels will make them more attractive than petroleum. It’s given farmers a much needed opportunity to sell stored grain and forward market this fall’s harvest at levels we haven’t seen since early 2024.

Farmers that still have livestock actually have a cash problem right now, as in they need to get rid of it to avoid tax problems.
« Last Edit: March 19, 2026, 05:55:48 PM by Custard »
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Custard

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Re: Da Economy
« Reply #477 on: March 19, 2026, 05:57:55 PM »
Quote from: murphstahoe on March 19, 2026, 05:35:08 PM
Tempo is an Uber driver, that takes some fucking balls.

Custard tells us how the world supposedly works, but never has the balls to actually trade on it. Which is a good thing because in addition to not having any balls, he has no brain.

Brainless is a Bay Area computer guy telling somehow who has spent his entire life/career in midwestern ag how  ag works because he read some articles written by people who who also don’t know how ag works
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Poster Boy for White Male Indifference

AOTC on basically everything measurable

“Custard, you were RIGHT!” -Tempo
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murphstahoe

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Re: Da Economy
« Reply #478 on: March 19, 2026, 08:39:02 PM »
Quote from: Custard on March 19, 2026, 05:57:55 PM
Brainless is a Bay Area computer guy telling somehow who has spent his entire life/career in midwestern ag how  ag works because he read some articles written by people who who also don’t know how ag works

The family business. Founded in the 30's

https://www.machinefinder.com/ww/en-US/dealers/c-c-hawes-implement-co-new-holland-il-066271


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murphstahoe

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Re: Da Economy
« Reply #479 on: March 20, 2026, 02:58:08 PM »
Quote from: Custard on February 06, 2026, 05:58:27 PM
Dow hit 50k today

My 401K and other investments absolutely killed it overall in 2025 and Jan 26

Gas $2.49 and bought milk for $1.94 and eggs for $1.88 the other day

At this rate I’ll be able to own as many homes as murph before long!

National Gas Average $3.88

Mortgage rates As of March 20, 2026, the average 30-year fixed mortgage rate is hovering around 6.22% to 6.32%. Rates have increased slightly, marking their highest point in over three months, after recently (pre-war) dipping below 6%

DJIA - 45782 - down 8.5% since Custard's post.

Can we get rid of this lunatic soon? Though it may not matter, pass the bottle and the damage done.
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