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Dow down 915
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Boone & Crockett
Posted 3/28/2020 07:22 (#8145087 - in reply to #8144745)
Subject: RE: Dow down 915


twinpines - 3/27/2020 23:15

Pretty simple imo. Everyone in production ag is just a pawn. Look at the cattle market. Main reason pork and poultry production is not complaining is because not many independents left. Make an extra 30 cents a bu of corn per acre and the seed company figures they can get .08 parts guy. 03 fert 06 chem .05 ect .06 machinery. 10. Taxes .06. In the end u are behind. Make any money they raise the price. Price goes down you are dumb because there was 30 seconds to forward contract for peasant wages. Did fert fuel seed chem come down at the retailers? Nope.but they will have free marketing sessions for us dumb producers who work every day to provide a good living for the middle men who make more than the guy who takes all the risk. I'm pretty sure everyone in the game knows their roles. Lol
Yup, exactly right. One only needs to look back ten years ago or so, when the fertilizer industry decided to extract their ten pounds of flesh from our bodies. $1,100 NH3 and Map, $900 potash. That’s a lesson I won’t soon forget. The only way to make any meaningful money is when the futures flash up for a very short period as if prices remain high enough, for long enough, input suppliers will cut our throats, and we will cut our neighbors throat to take his rented land away from him.
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