Market Bubbles: How Many Boats are We On?

[TOM4CWB]

Risk, never has our risks been more!

Reward, if we manage our risks effectively, the opportunities for the rewards [we can earn] are exponentially greater than before the pandemic. Double the opportunity!

Got a quote on hay/machine shed. Surprisingly when lumber drops in half... the cost drops by perhaps 7-10%... but need to wait till inventories clear... UFA special 50x100x18 galvalume open one end hayshed=$95,810 was $110,560 built.

Was told the side lean too was $20k-someting more...

[furrowtickler]

Risk, never has our risks been more!

Reward, if we manage our risks effectively, the opportunities for the rewards [we can earn] are exponentially greater than before the pandemic. Double the opportunity!

Got a quote on hay/machine shed. Surprisingly when lumber drops in half... the cost drops by perhaps 7-10%... but need to wait till inventories clear... UFA special 50x100x18 galvalume open one end hayshed=$95,810 was $110,560 built.

Rewards always seem just out reach.
Never count a nickel till it’s in your pocket

[jazz]

Like serious question, if next year all the prices are where they are at now or higher, are we just going to plow ahead and do the same thing all over again.

This is not a comfortable year at all. Even with higher grain prices. All prices are 2 standard deviations out of their mean.

[Rareearth]

I think people will wait untill after harvest to make next year decisions, kick the can until then. Its about cash flow.

[jdg364]

Rewards always seem just out reach.
Never count a nickel till it’s in your pocket

I’m pinching that nickel so hard these days that I’m making the beaver squeal haha.

[sumdumguy]

Down to Canoly ( Lentils and Durum are 2/3 up). We’re flying now. Got that gumbo under control for a few days.

[15444]

Bought next door quarter from neighbor, another next door neighbor went broke and taking offers on property (be putting offer in) and Ford told me yesterday that new truck is in production.

So I am definitely bucking the curve. What is the saying? Something about go the other way when everyone is running for the exit.

[furrowtickler]

I’m pinching that nickel so hard these days that I’m making the beaver squeal haha.

Even my dogs helping with that …


That was number 3 so far this spring

[LEP]

Even my dogs helping with that …


That was number 3 so far this spring

Looks like they have a hobby.

[jazz]

Covid is over, but we are still blowing through the budgets like nothing. Canada will never have a balanced budget again.