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Nov 6, 2022 | 09:15 61
Quote Originally Posted by jazz View Post
Half of the EV offerings are over $100k now.

Did they get an exemption.
Now there is the question of the month ! Reply With Quote
Nov 8, 2022 | 16:48 62 Crypto Collapse: Bitcoin And Ethereum are crashing this afternoon. This is all apart of the imploding credit crisis now in-progress. Asset price fallout appears staggering . . . . Reply With Quote
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  • Nov 8, 2022 | 18:20 63
    Quote Originally Posted by errolanderson View Post
    Crypto Collapse: Bitcoin And Ethereum are crashing this afternoon. This is all apart of the imploding credit crisis now in-progress. Asset price fallout appears staggering . . . .
    Looks like NZ/Australia/Canada will be leading the housing bubble crash too. Reply With Quote
    Nov 8, 2022 | 18:55 64 Shitcoin?

    NZ$ 59 cents
    ASSIE 65 cents
    Can 74 cents up from a low of .71 cents
    Last edited by shtferbrains; Nov 8, 2022 at 19:00.
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  • Nov 8, 2022 | 19:54 65 Crypto billionaires wiped out. Today was the crowning.

    When the tide goes out, we’ll see who is left standing. Definite contagion risk to credit markets. . . . Reply With Quote
    ALBERTAFARMER4's Avatar Nov 9, 2022 | 07:09 66
    Quote Originally Posted by errolanderson View Post
    Crypto billionaires wiped out. Today was the crowning.

    When the tide goes out, we’ll see who is left standing. Definite contagion risk to credit markets. . . .
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    Nov 9, 2022 | 08:14 67 Reported super-models to football stars caught in this immense web-of-greed. Makes my mind spin, when is too much money, too much money?

    Need farm marketing risk management skills, I guess lol . . . . Reply With Quote
    Nov 9, 2022 | 08:39 68 https://www.bloomberg.com/news/artic...set-to-buy-ftx

    A paragraph from the article;

    That might come as a shock to investors including Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan, who sunk $400 million into the exchange at a $32 billion valuation in January. But it also put the broader crypto industry on notice: If SBF isn’t safe, who is?

    OTPP loosing 400mil, is that chump change for them? seems like a lot, but maybe it's not???

    Did I do the math right? the 400mil now worth $12,500.oo

    Seems he was worth 97bil at one moment in time!!! Reply With Quote
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  • Nov 9, 2022 | 08:56 69
    Quote Originally Posted by errolanderson View Post
    Reported super-models to football stars caught in this immense web-of-greed. Makes my mind spin, when is too much money, too much money?

    Need farm marketing risk management skills, I guess lol . . . .
    No farmers caught up in greed? Reply With Quote
    Nov 9, 2022 | 08:58 70 Now you see it, now you don’t. That’s how I always felt about bit coin, but who am I? Reply With Quote

  • jazz's Avatar Nov 9, 2022 | 09:40 71
    Quote Originally Posted by ALBERTAFARMER4 View Post
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    Sweet karma, perhaps, or did he help flip the script before his downfall.

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    Nov 9, 2022 | 09:46 72
    Quote Originally Posted by beaverdam View Post
    https://www.bloomberg.com/news/artic...set-to-buy-ftx

    A paragraph from the article;

    That might come as a shock to investors including Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan, who sunk $400 million into the exchange at a $32 billion valuation in January. But it also put the broader crypto industry on notice: If SBF isn’t safe, who is?

    OTPP loosing 400mil, is that chump change for them? seems like a lot, but maybe it's not???

    Did I do the math right? the 400mil now worth $12,500.oo

    Seems he was worth 97bil at one moment in time!!!
    How many pension funds are just at the racetrack investing? Taxpayers on-the-hook? Reply With Quote
    Nov 9, 2022 | 11:37 73
    Quote Originally Posted by ALBERTAFARMER4 View Post
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    Is that what they mean by "Burn it all down"? Reply With Quote
    Nov 9, 2022 | 13:40 74
    Quote Originally Posted by agstar77 View Post
    No farmers caught up in greed?
    nope , its like pre pricing grain , lots done after price drop , but if price goes up none was done
    took me 7 years to break even after 08, learnt my lesson Reply With Quote
    Nov 9, 2022 | 17:01 75
    Quote Originally Posted by errolanderson View Post
    Crypto billionaires wiped out. Today was the crowning.

    When the tide goes out, we’ll see who is left standing. Definite contagion risk to credit markets. . . .
    I don't comprehend the virtual value thing with Crypto or monetizing carbon credits at a wide range of values.

    This is as close as I get to understanding:

    "Imagine McDonald's makes its own money, let's call them clown-bucks, keeps most of it, and sells some to the market.

    McDonald's then uses their remaining clown-bucks as collateral for actual loans.

    And then people remember clown-bucks aren't real."

    Canadian bonds may be looked at as clown-bucks if they keep printing them and buying them back themselves.
    Last edited by shtferbrains; Nov 9, 2022 at 17:20.
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    Nov 23, 2022 | 10:00 76 A check on reality . . . .

    USD plunging

    Crude oil plunging

    U.S. Mortgage rates plunging

    Credit debt exploding

    U.S. unemployment jumping

    But hey, we are told by those in-the-know, it’s not a recession, thank goodness . . . . Reply With Quote
  • 1 Like


  • jazz's Avatar Nov 23, 2022 | 14:31 77
    Quote Originally Posted by errolanderson View Post
    A check on reality . . . .

    .
    Fed minutes just signalled pause in rate hikes coming for Q1 2023.

    QE probably around the corner. Reply With Quote
    Nov 23, 2022 | 20:30 78
    Quote Originally Posted by jazz View Post
    Fed minutes just signalled pause in rate hikes coming for Q1 2023.

    QE probably around the corner.
    Jazz, you may be very right. Central bankers totally out of control, totally lost.

    Buzz word is pivot, but it is panic. Bottom line, they have buggered the economy for the middle class to swim in . . . but get to retire handsome pensions and no accountability. Reply With Quote

  • Nov 23, 2022 | 21:01 79 Demand in lentils, green and yellow peas, canary is horrible. Its same as last year. We peaked in Oct/nov and high prices destroyed demand and prices came down. There is no reason for these prices to hold.

    We must recognize many of these prices are at all time highs if you take out a few months from last year. Reply With Quote
    Nov 23, 2022 | 21:35 80
    Quote Originally Posted by dave4441 View Post
    We must recognize many of these prices are at all time highs if you take out a few months from last year.
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    jazz's Avatar Nov 23, 2022 | 22:05 81
    Quote Originally Posted by errolanderson View Post
    Jazz, you may be very right. Central bankers totally out of control, totally lost.
    If $100B can be thrown at Ukraine, then a trillion can be thrown at the economy like nothing. Reply With Quote
    Nov 23, 2022 | 22:58 82
    Quote Originally Posted by LWeber View Post
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    Oh boy. Larry is telling farmers what they want to hear. Imagine that. Reply With Quote
    Nov 24, 2022 | 06:07 83
    Quote Originally Posted by dave4441 View Post
    Oh boy. Larry is telling farmers what they want to hear. Imagine that.
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    Actually, I didn't have to say anything to make you look like a fool ... Reply With Quote
    Nov 24, 2022 | 07:02 84
    Quote Originally Posted by dave4441 View Post
    Demand in lentils, green and yellow peas, canary is horrible. Its same as last year. We peaked in Oct/nov and high prices destroyed demand and prices came down. There is no reason for these prices to hold.

    We must recognize many of these prices are at all time highs if you take out a few months from last year.
    Green pea prices up substantially since harvest
    And can / will move every bushel here in a few days .
    If pulse prices can’t hold in this range , consider the pulse industry dead . Reply With Quote
  • 1 Like


  • Nov 24, 2022 | 07:18 85 the charts are revealing.
    Canada has quickly become the most expensive place in the world to buy pulses and special crops from. Reply With Quote
    jazz's Avatar Nov 24, 2022 | 07:35 86
    Quote Originally Posted by consuelo View Post
    the charts are revealing.
    Canada has quickly become the most expensive place in the world to buy pulses and special crops from.

    Canadas ag COP profile is slowly bleeding us dry. Most of our products go to very poor countries. Reply With Quote

  • Nov 24, 2022 | 08:01 87 agree and inflation is still running hot everywhere our customers live and work. Reply With Quote
    Nov 24, 2022 | 08:46 88
    Quote Originally Posted by consuelo View Post
    the charts are revealing.
    Canada has quickly become the most expensive place in the world to buy pulses and special crops from.
    How can you possibly come to that conclusion without seeing the prices from other suppliers in the world?

    We must remember that when prices are high everyone only buys as it is needed. Of course there are not many sales out in the future months, buyers are buying hand to mouth in the hopes that prices will drop in the future.

    Volumes of sales might be the same as normal, just bought differently. I don’t like the price of fertilizer, and am not rushing out to buy my supply for years out, but I will use the same tonnes of fertilizer as normal. Reply With Quote
    Nov 24, 2022 | 09:04 89
    Quote Originally Posted by poorboy View Post
    How can you possibly come to that conclusion without seeing the prices from other suppliers in the world?

    We must remember that when prices are high everyone only buys as it is needed. Of course there are not many sales out in the future months, buyers are buying hand to mouth in the hopes that prices will drop in the future.

    Volumes of sales might be the same as normal, just bought differently. I don’t like the price of fertilizer, and am not rushing out to buy my supply for years out, but I will use the same tonnes of fertilizer as normal.
    That's 100% correct. Also why $23 durum didn't last and now $14 isn't high enough with twice the crop produced. Buyers find solutions to high prices. But when we get on the extreme end of the market, as we are in many markets today, farmers are still very slow to react.

    There are lots of cases where demand is shifting to other countries. Australia being a key supplier with a weaker dollar then Canada and a big crop coming.

    Corn trains coming into Alberta slamming the barley market. It's all around us.

    This is what marketing is about. Not just hoping for higher values. How much has canola come down in the last few weeks? Sure we can look at a long term chart, draw a long term uptrend. Could have really done that at $23 durum. Today it's $9 per bushel less. $9/bushel.

    We will see lower prices from this point forward on small green lentils, canary and yellow peas. What happens this summer and next fall is anybodies guess but if one needs to sell in Jan then price will be lower on these crops. I sense alot of growers are waiting for the new year to sell and typically post crop production show. Reply With Quote
    Nov 24, 2022 | 09:14 90 sales are slowing down in part due to seasonal demand but mostly because the wholesale distributors in importing countries are seeing their own demand destruction. if that light at the end of tunnel is dimming then the importers limit or stop altogether and move on to other products where their risk and capital is better utilized including and increasingly their own local production. Reply With Quote