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re: Trade Deal: Miles Away?
Posted on 12/12/19 at 11:14 pm to mrgreenpants
Posted on 12/12/19 at 11:14 pm to mrgreenpants
havent we been subsidizing Ag for decades?
Posted on 12/12/19 at 11:19 pm to TheWalrus
quote:
US yields are among the highest in the world.
Absolutely. We have to be if we are to compete.
quote:
The consolidation into larger farms is healthy.
To an extent, yes. Consolidation due to technology allowing us to cover more ground with less people makes sense. Consolidation with maintained yields makes sense. Over-extension while banking on crop insurance shell games to prop you up does not make sense.
quote:
But overall, the US agricultural economy is healthy imo.
Ehhh, I disagree but you’ve already seen my reasoning. We’ll know who’s right soon enough.
Posted on 12/13/19 at 6:34 am to Spirit of Dunson
quote:
work in chemicals and we definitely have adjusted our investment plans because of this. Much less in the US,
Aren’t you based out of Europe though?
I’m talking about voters being effected negatively enough to not vote for Trump? I just honestly haven’t seen it.
There’s only around 2.5 mil farmers in US and depending on who the Dems put up against Trump I’m not sure this is even going to sway their vote. No way someone like Elizabeth Warren pulls them in.
Steel industry, how many of them are unions and voting dem already?
Posted on 12/13/19 at 7:36 am to baldona
quote:to be fair, I'm based in Asia, but I'm responsible for operations globally. I have >50 plants around the world, so global supply chain is rather critical to me.
Aren’t you based out of Europe though?
Do my US employees directly feel pain from this? Probably not right now. So you're point is valid. Except I probably won't invest in the US until I have a bit more certainty on the trade regime for the coming years. So not much growth there.
Posted on 12/13/19 at 5:33 pm to Decisions
Isn't the average age of farmers like 65 or something really old? I read an article and watched something about a lot of people getting out of the business. It is hardwork mentally and physically and you are often at the mercy of God and the federal government. Gonna have an operations problem in a few years. But robots tho we just have to make sure they aren't too smart and bypass our energy source for their own like nuclear and then starving us to death.
Posted on 12/13/19 at 5:56 pm to yatesdog38
quote:
Isn't the average age of farmers like 65 or something really old?
Basically, yes. It’s just like any other job, only you clock in when you’re five and clock out when you die.
In all seriousness, there is a definite need for young blood. Further complicating matters is the need for different skills to succeed. Mechanics and agronomy don’t affect the bottom line nearly as much as marketing and logistics nowadays. The world is changing, for better and for worse.
Posted on 12/14/19 at 7:46 pm to thatguy777
Thanks for the bump. Yay. Soybeans. :-|
It’s really going to be interesting to see how Wall Street receives this deal. Initial headlines say it’s not exactly what we had hoped for.
I’m a little more concerned about the repo liquidity issue at this time.
It’s really going to be interesting to see how Wall Street receives this deal. Initial headlines say it’s not exactly what we had hoped for.
I’m a little more concerned about the repo liquidity issue at this time.
Posted on 8/5/20 at 9:58 pm to TDFreak
Bump....I started this thread over a year ago and we're still waiting for the big trade deal that will boost the economy and Trump's reelection chances.
Maybe, just maybe this trade meeting scheduled for the end of next week will break the ice. (Bloomberg article)
Thoughts?
Maybe, just maybe this trade meeting scheduled for the end of next week will break the ice. (Bloomberg article)
Thoughts?
Posted on 8/5/20 at 10:33 pm to JackaReaux
quote:
havent we been subsidizing Ag for decades?
Yes, it started with the intent of curbing over production. For instance, our farmers produce the living hell out of corn and floor the price. Instead, we subsidize their income for them not to do that.
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