Economics Thread

[chop2chip]

Farmers do not set the price for their corn

So you don’t think cost of inputs has any effect at all?

I think respectfully that you’re choosing to live in a fantasy.

 

[mqt]

Farmers do not set the price for their corn

How do you feel about increased business taxes by chance?

 

[mqt]

I remember the days when 150 countries were begging us to make a deal.

Turns out they never picked up the phone

Don’t worry, we’ll get our tariff revenue from not those countries anyway when we send our letters.

 

[Tapate50]

So you don’t think cost of inputs has any effect at all?

I think respectfully that you’re choosing to live in a fantasy.

I’m intimately familiar with how farming and prices work, in fact more than you.


I work with them for a living.

Many will choose to not turn ground if the estimates look like they will lose money, or break even. It’s not worth losing. And that’s after supplemental payments.

They can re- lease it out to someone who can try it or has a larger scale operation but the price is usually set on contract before they plant. It’s not really negotiable. It’s a take this price now, and risk it being lower or higher later kinda deal

 

[sturg33]

So your thing NYC!

https://twitter.com/x/status/1941904012498133122

 

[chop2chip]

I’m intimately familiar with how farming and prices work, in fact more than you.


I work with them for a living.

Many will choose to not turn ground if the estimates look like they will lose money, or break even. It’s not worth losing. And that’s after supplemental payments.

They can re- lease it out to someone who can try it or has a larger scale operation but the price is usually set on contract before they plant. It’s not really negotiable. It’s a take this price now, and risk it being lower or higher later kinda deal

I’ll defer to your expertise on corn prices.

It doesn’t apply to beef (which aside from higher input costs to domestic production US imports a 20% of its beef from Canada and Australia).

It doesn’t apply to beer.

 

[Tapate50]

I’ll defer to your expertise on corn prices.

It doesn’t apply to beef (which aside from higher input costs to domestic production US imports a 20% of its beef from Canada and Australia).

It doesn’t apply to beer.

Well it’s not just corn- it’s peanuts, vegetables , sorghum, wheat. The point is- they don’t set prices whatsoever. They can either take the price offered on contract, or risk whatever the price of the market is when it’s harvested. Gambling.


But most beef is fed grass. Then finished on corn and silage.

Are you saying water and grass and hay are priced higher because of tariffs ?