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Da Economy

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Custard

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Re: Da Economy
« Reply #720 on: September 15, 2026, 09:44:07 PM »
Not just fuel, but higher fertilizer, machinery and labor costs, coupled with more debt and higher interest expenses.   

Let's see what the American Farm Bureau thinks: 

"One of the clearest measures of the changing farm economy is the relationship between the prices farmers receive for their products and the prices they pay for what they need to grow their crops. For crop farms, USDA’s prices paid for production inputs index stood at 110.8 in July 2018 and reached 153.4 in July 2026, an increase of more than 38%. Over the same period, the prices received for crop products index increased from 86.5 to 107.0, a gain of about 24%. This widening difference helps explain why higher commodity prices do not necessarily mean stronger margins. When input costs rise faster than the value of what farmers sell, break-even prices increase and producers have less room to absorb market declines or unexpected expenses. Productivity gains can offset some of these higher costs for growers able to increase yields, while producers facing lower yields experience even greater margin pressure."
https://www.fb.org/intel/markets/the-farm-economy-has-changed-since-2018


That’s all from June, well before the market rally.

I also clearly addressed the input prices that have been high since early in Biden’s term. They aren’t coming down any time soon. They’ll track right with rising commodity prices too.

China is buying beans, corn exports are up. Prices are up considerably year over year. That’s good.
« Last Edit: September 15, 2026, 09:56:44 PM by Custard »
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 #721 on: Today at 09:58:57 AM »
Yeah take me back to 2022 with the 4 decade high inflation and high interest rates and vaccine passports and private equity buying all the houses and rents skyrocketing and food prices spiraling higher and higher and Ukraine being invaded because Putin knew the entire west was being run by weak progressives

That was fun

I wish I could take you back to 2022 with those low interest rates.

The Ten and the Thirty are now the highest this century. The bond vigilantes have spoken

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murphstahoe

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Re: Da Economy
« Reply #722 on: Today at 10:00:13 AM »
Farmers aren’t making bank from higher prices if they are paying 6/gallon for diesel

I was so naive. Try $8/gal

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illiniray

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Re: Da Economy
« Reply #723 on: Today at 11:29:46 AM »
It's a small price to pay for keeping America safe..
“Taking a trip? Where to?”  -“Wherever I end up, I guess. -“Man, I wish I was you." -Well, hang in there.”

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murphstahoe

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Re: Da Economy
« Reply #724 on: Today at 11:50:54 AM »
It's a small price to pay for keeping America safe..

Especially since the Americans in Trump's circle aren't doing the paying, they're doing the collecting.

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No one in Mn

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Re: Da Economy
« Reply #725 on: Today at 12:47:17 PM »
AI

Inflation-adjusted values (approximate, in recent 2026 dollars)Using the Consumer Price Index for All Urban Consumers (CPI-U):The national peak of $5.81 (week of June 20, 2022) equates to roughly $6.55–$6.60 in August 2026 dollars (CPI rose from about 296 in June 2022 to ~335 in August 2026).

perc.tamu.edu

The California peak of $6.915 equates to roughly $7.80–$7.85 in the same recent dollars.

Still hiding behind innuendo and practicing the art of omission.

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murphstahoe

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Re: Da Economy
« Reply #726 on: Today at 01:04:28 PM »
AI

Inflation-adjusted values (approximate, in recent 2026 dollars)Using the Consumer Price Index for All Urban Consumers (CPI-U):The national peak of $5.81 (week of June 20, 2022) equates to roughly $6.55–$6.60 in August 2026 dollars (CPI rose from about 296 in June 2022 to ~335 in August 2026).

perc.tamu.edu

The California peak of $6.915 equates to roughly $7.80–$7.85 in the same recent dollars.

AI

Well shit, it's practically free! Tell them truckers to stop bitching!

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alum74

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Re: Da Economy
« Reply #727 on: Today at 01:34:04 PM »
AI

Inflation-adjusted values (approximate, in recent 2026 dollars)Using the Consumer Price Index for All Urban Consumers (CPI-U):The national peak of $5.81 (week of June 20, 2022) equates to roughly $6.55–$6.60 in August 2026 dollars (CPI rose from about 296 in June 2022 to ~335 in August 2026).

perc.tamu.edu

The California peak of $6.915 equates to roughly $7.80–$7.85 in the same recent dollars.

"Things aren't so bad."

That sounds like a winning message. I hope every Republican candidate shares it with their trucking and ag constituents. 

And wait until folks start seeing this season's heating oil bills.  Republicans are lucky that the election is in early November.

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murphstahoe

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Re: Da Economy
« Reply #728 on: Today at 01:37:02 PM »
"Things aren't so bad."

That sounds like a winning message. I hope every Republican candidate shares it with their trucking and ag constituents. 

And wait until folks start seeing this season's heating oil bills.  Republicans are lucky that the election is in early November.

Trump = Biden is a match