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Mar 8, 2023 | 07:11
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Why are they not explaining the farmers side of the food equation?
My prices on grain and cattle have little effect on food prices.
Why are they not telling the public?
A increase of 5 dollars per bushel in wheat doesn't justify farmers being blamed for a dollar increase in a loaf of bread.
Why has milk went up as much as it has?
Butter has increased a dollar per pound over the last year at Costco yet milk is being sewered???
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Mar 8, 2023 | 07:27
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People just cant accept that the their beloved govt is the cause of inflation.
Its easier to think its Putin or Galen Weston or covid.
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Mar 8, 2023 | 07:31
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No one should talk about food deflation or deflation in general until we are back to pre-pandemic prices.
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Mar 8, 2023 | 07:31
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The price of food went up before crop prices did and will stay high long after crop prices go way down
Crop prices have dropped 50% from last year … did they mention that ?
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Mar 8, 2023 | 07:46
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Weston is in front of parliament committee today.
Think anyone will ask about the bread price fixing and it's impact on higher prices?
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Mar 8, 2023 | 08:09
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Look who is on the conservative side to question the grocers, if you think liberals are incompetent, I doubt much will be decided today.
Conservatives will probably ask about carbon taxes affecting food. They won't say the word gouging.
Stanley attempted to get something out of McCain the other day, Steinley the stuttering slobbering fool he showed up as. It was embarrassing to watch. But highlights what we have overall in farmer representation.
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Mar 8, 2023 | 08:12
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The word isnt gouging, its monopoly.
Canada has a couple dozen companies who are defacto monopolies, protected by govts and regulation and using various other avenues to stifle competition.
US must have 50 different grocery chains, we have 5.
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Mar 8, 2023 | 08:12
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 Originally Posted by jazz
People just cant accept that the their beloved govt is the cause of inflation.
Its easier to think its Putin or Galen Weston or covid.
Galen Weston double guilty. First he runs the grocery mafia. Second, he is part of the Laurentian Elite that pulls Trudeau's puppet strings.
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Mar 8, 2023 | 08:16
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Eating out must be cheaper than cooking at home.
I’ve never seen so many packed restaurants.
No one has ever had to answer for high costs of everything. Manufacturers, stealerships, retailers, and others continue to push prices higher.
Unfortunately commodity prices are going the other way.
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Mar 8, 2023 | 08:18
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Originally Posted by Braveheart
Galen Weston double guilty. First he runs the grocery mafia. Second, he is part of the Laurentian Elite that pulls Trudeau's puppet strings.
Exactly 👆
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Mar 8, 2023 | 10:32
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Originally Posted by BTO780
Eating out must be cheaper than cooking at home.
I’ve never seen so many packed restaurants.
No one has ever had to answer for high costs of everything. Manufacturers, stealerships, retailers, and others continue to push prices higher.
Unfortunately commodity prices are going the other way.
Interest rates will teach some people valuable lessons.
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Mar 8, 2023 | 12:51
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Shut the economy down for two years and then get involved in a war which involves cutting yourself off from a major energy supplier. Its no mystery that retail prices are going to go up if you insist on throttling supply.
An economy is not a VCR where you can just press the pause button at will. Shutting it down damages businesses. We are only now finding out just how bad the damage is.
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Mar 8, 2023 | 17:18
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Hey bto forgot to mention packed airports packed nhl hockey arenas. Lots of money around.
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Mar 8, 2023 | 17:29
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Originally Posted by Oliver88
Interest rates will teach some people valuable lessons.
Check interest rates.
Got a quote today for a tractor.
Seems to be a price war on, nobody was buying so now CU wants business..
5.95% locked for 3 yrs..alot better than 8% yesterday..
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Mar 8, 2023 | 21:03
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First decouple supply managed from other food. Then consider you can't explain the difference between a raw commodity and finished product.
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Mar 9, 2023 | 10:18
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Originally Posted by jazz
People just cant accept that the their beloved govt is the cause of inflation.
Its easier to think its Putin or Galen Weston or covid.
If you blame the government for inflation then under your thinking they should take credit for most farms net worth doubling in the last 7 years.
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Mar 9, 2023 | 10:26
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Originally Posted by blackpowder
First decouple supply managed from other food. Then consider you can't explain the difference between a raw commodity and finished product.
Do farmers consider their grain they produced as being a commodity or food? I suspect whatever fits their will for the day. At what point in the chain does grain become food?
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Mar 9, 2023 | 14:58
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Originally Posted by Partners
Check interest rates.
Got a quote today for a tractor.
Seems to be a price war on, nobody was buying so now CU wants business..
5.95% locked for 3 yrs..alot better than 8% yesterday..
That's quite a drop in a short space of time. More evidence for my notion that business demand for capital is falling. If manufacturers want to move product, they are going to have to discount financing rates. 8% gets above what the marginal farmer can afford, so down goes the rate.
This is a good illustration of why the yield curve is inverted.
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