lets plug in some price scenarios.... check on ROI ... and affordability my prediction of commodity prices and why the markets react .... sharing history and possibly futures of commodity prices ..
You are spot on as usual. I also see a couple more years of high grain prices. Like you said though everything else is going up in price. I'm sure anyone farming now that owns paid for ground is worth more than they ever was worth in history, but when they go and look at the prices of more ground, inputs, and equipment you start feeling poor. Your example of being able to only buy three quarters of a tractor is a perfect example. A lot of guys are using paid for ground as leverage the pay for this high dollar ground that don't pencil out.
Hi! .... great to hear from you and thank you for the kind words & compliment ... I hope you had a great Christmas...... fingers crossed for about 3 to 5 more good years - by then I'll have all our debt paid! 😄
I like how in '08 the food companies said they went up on prices because of the fuel cost increase. But in all those years where fuel went down, they didn't announce food prices dropping. 😒
They have the price of the machinery built in to their coats.... Cash flow is all that's left no matter what though bc if you don't have debt- the govt just takes your money via tax ....
Very thorough and informative, thanks!! Lotta effort went into this must have a vast research department lol I really hope your right a couple more years of decent prices would help. There's 2 pieces of land for sale by us now 3x price 5yrs ago I hope we are not making a mistake but gonna pass, especially after 2yrs of drought, all the best!
Thank you very much.... same deal here - its the interest rates that are running us off... they say never buy land at high times - we'll just see how it all pans out
More cattle? Oh the humanity! The climate! Hahaaa! Anyone else see the trend. If government would stay the Fook out of markets, and peoples business it might actually be a free market.
@@Blackearthexcavationandtiling I knew you would say that. How did the middle class start? By decent big money people knowing that was needed. Little sacrifice for a huge return.
@im a good listener this used to be a country of a few ...labor was short .. and there was a greater need for labor ...industrial revolution.... but that's all been lost
@@Blackearthexcavationandtiling agreed. From what I'm hearing there is still a need for craftsmen. Even after they supplement from the south border. cheap and quantiful help is not always good help. All the major western/modern nation's are trying to bolster their economies by supplementing people from other nations. People are only good for currency in leaderships eyes.
Much like the timber. The people on the upstream were not making more money for the high high prices on the downstream. The people in the middle controlling the markets. Estimates. With a 40% surplus of crops, we are not burning our food. Lol
