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Corn's $.35 higher than last year @ this time
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Baby Robin
Posted 8/30/2025 08:01 (#11348361 - in reply to #11348337)
Subject: RE: But $1.10 lower than four years ago..


Fontanelle, IA
JonSCKs - 8/30/2025 06:42

Baby Robin - 8/30/2025 07:05

Inflation and money printing. Inflation and money printing enriches asset owners. The rest of Jon and Jane Q Public that weren’t asset owners haven’t benefited.



The public had jobs.

Before granting Most Favored Trading status in the 1990s.. the Soybean market.. as well as soybean exports were much smaller.  $8.00 Soybeans were considered a “good” price.

Not everything resulting with expanding that market has been good.. but are tariffs uncertainty the best way to address that? 

We’ve entered an inflationary bubble last seen after the 1970s..  “Land.. not making any more of it.  It doesn’t have to cash flow.. because you can always sell it.”

Welp in the 1980s when exports fell.. that inflationary land bubble popped.. as did other values.  So Markets can correct themselves.

But that doesn’t mean we need to push the afterburners forward on “burning it all down.”

Fortress America.. an island of higher prices is not sustainable.  Econ 101.

Bullying our neighbors and friends with tariffs while defending our enemies.. Russia.. is not a sound policy.

 



The govt created a ton of jobs…. The manufacturing was offshored to China and 3rd world countries because regulations were non-existent and labor was cheap with 6 billion people making less than $2 per day. Jon and Jane America lost their jobs

While your son is fighting in Ukraine right now, the only benefactors of perpetuating the war are those countries bootlegging and buying cheap Russian gas, cheap wheat, and cheap raw materials from Russia. China, India, EU. There’s so much multi-factorial chess being played because of the connectedness of the world right now. Ie. Good guys doing business with bad guys

Ending that war- ends fertilizer and other product sanctions - enabling global trade so that this country can benefit. It reduces the cost advantage that China is enjoying by bootlegging. All our US farmers get deflationary cheap fertilizer market access again. Econ 101, huh?
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