The Death of Inflation

[errolanderson]

Released this morning. This is inflation? . . . .

Annual inflation quickened to 1.1 per cent last month from 1 per cent in January, Statistics Canada reported Wednesday. Economists were predicting a 1.3 per cent pickup in inflation, according to the median estimate in a Bloomberg survey. On a monthly basis, prices rose 0.5 per cent versus economist forecasts for 0.7 per cent.

[furrowtickler]

Yet most things ag related have jumped 20% or more in just the past few months

[ajl]

Yet most things ag related have jumped 20% or more in just the past few months

Ag inputs are really the only place where one sees any inflation. Farmers expect inflation and are rewarded with it. With all the money printing, I am pleasantly surprise that people still accept the canuckistanian loon, which is great while prepping for the coming collapse. Told my wife to stock up on canola productions and we have when we can still find stuff on sale. Biggest worry is higher input prices meeting lower output prices especially canola on the tail end of this inflationary mini boom.

[furrowtickler]

Ag inputs are really the only place where one sees any inflation. Farmers expect inflation and are rewarded with it. With all the money printing, I am pleasantly surprise that people still accept the canuckistanian loon, which is great while prepping for the coming collapse. Told my wife to stock up on canola productions and we have when we can still find stuff on sale. Biggest worry is higher input prices meeting lower output prices especially canola on the tail end of this inflationary mini boom.

That’s exactly what I am concerned about , or if we have a drought and or frost reduced crop for next years inputs .
Could be nasty set up

[macdon02]

Does anyone have the basket of items we actually use in Canada to measure inflation currently? There's been a ton of manipulation, i know that pulled food prices and home ownership in exchange for rent, in the US. Think it would be helpful to know exactly what is being measured. $52 or $56 OSB sheets($1000 lumber a 4x move in 12 months), $18 canola, are excluded. Last time i looked at the actual list it was rigged to not show any inflation.

[Guest]

Yet most things ag related have jumped 20% or more in just the past few months

and lots are up 50%
bet all the big seed co's are kicking themselves in the ass for reselling canola seed lol

[burnt]

4x8 sheet of 3/8 osb board is $45.

If you can find it anywhere.

[macdon02]

Cup and handle formation, very bullish. 10 yr is up 1% since start of 2021. Wife says rates at the bank are starting to creep up for the average person. Id keep 1 eye on this. Don't rely on what you hear. Higher yield = more inflation

[macdon02]

4x8 sheet of 3/8 osb board is $45.

If you can find it anywhere.

I stand corrected, just what i was told, im not building. But was thinking a b train should have an armed escort.

[furrowtickler]

Maybe in a world where one does not have to purchase current inputs , inflation is not a worry . But it sure as heck is in Ag and construction right now .