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tadams(OH)
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Joined: 17 Sep 2009 Location: Jeromesville, O Points: 11173 |
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Posted: 11 Mar 2022 at 1:01pm |
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What don't make sense is we only get 4% of our oil from Russia. How can 4% make the prices go up as much as it is?
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DiyDave
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Joined: 11 Sep 2009 Location: Gambrills, MD Points: 54727 |
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Posted: 10 Mar 2022 at 7:20pm |
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And this isn't wipe-me's plan, its bummers. More plagiarism from wipe-me!
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Source: Babylon Bee. Sponsored by BRAWNDO, its got what you need!
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modirt
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Joined: 18 Jul 2018 Location: Missouri Points: 9001 |
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Posted: 10 Mar 2022 at 7:02pm |
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So here is a new twist being reported in some news outlets. According to some industry insiders, when Wipe Me took over, there was an immediate change in banking rules. Fed Reserve and DOJ immediately put a squeeze on lenders to completely shut down the oil and gas industry. Can't get credit or financing for new wells, fracking or any such thing. They go after banks that violate that order. While on the road yesterday, heard a replay of Wipe Me during campaign prior to election. In his own words, he is doing exactly what he said he would do. Shut down the US Energy sector. Explains why prices have been climbing steady since Nov 3rd, 2020. Gas here that day was $1.75. It stands at $3.99 as of today.
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Tad Wicks
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Joined: 27 Mar 2011 Location: Shandon, CA Points: 2176 |
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Posted: 10 Mar 2022 at 11:27am |
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I was going to add a comment but just decided not to.
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 10 Mar 2022 at 7:07am |
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Boy, just breaking even........
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Kansas99
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Joined: 26 Feb 2015 Location: W Kansas Points: 4868 |
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Posted: 09 Mar 2022 at 9:14pm |
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I don't know why anyone would trade his leave his business for farm life that he knows nothing about but that can be any profession, unless he wanted to do reality tv. Hell I can get up late and not worry about power going off for 300 head, although if I did I bet my banker would get worried. ![]() Oh, and buy the way Oliver couldn't even make enough to put a roof on his house so he wasn't much of a business man.
![]() Edited by Kansas99 - 09 Mar 2022 at 9:22pm |
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"Thank you for your service Joe & the Ho"-----Joseph Stalin
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jaybmiller
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Joined: 12 Sep 2009 Location: Greensville,Ont Points: 24901 |
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Posted: 09 Mar 2022 at 8:48pm |
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thanks for your story ! you're a farmer first ! You got your real education there. I still want to know where you put the 5 cows while in the college, did they graze in the courtyards on campus ?? A businessman buying a farmland as investment(on paper) isn't what I was thinking, he never gets his hands dirty,can get up late, not worry about power going off with 300 head more than ready to be milked. I was trying to say a 'suit' trading in his day job for actual farm life( think Green Acres ...)
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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Kansas99
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Joined: 26 Feb 2015 Location: W Kansas Points: 4868 |
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Posted: 09 Mar 2022 at 8:02pm |
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Well, I don't know what how you would call it but I grew up on a farm. When I left home for college I had 5 cows and a Chevy pickup. My dad was tired of feeding my cows so somehow I managed to rent 300 acres of grass and buy 25 more cows while I was in college, I did get a couple years of school paid for on a football scholarship so that helped. Last two years I worked in a repair shop for a farmer who became sick and one year after I got out of school he died. His wife and sister in law rented me their ground (3 quarters plus 2 that was family a lot of irrigation) I bought equipment and the following year rented another 13 quarters, spent a lot of nights sleeping over a steering wheel and about 6 years later got rid of that damn old Chevy pickup that had 490,000 miles on 400 pontiac engine, she was getting a little rough, but still would break the motor mounts. The first two years I raised corn my dad did pick it for me as I didn't have a cornhead yet, and he once gave me 50 bales, other than that every piece of land, equipment, livestock or anything I have I paid for with the business. It's a great feeling when you can do what you want and everyone else can kiss your azz. I won't never complain I've made a comfortable living and pretty much have bought whatever I wanted, after several years of building, within reason. Sure I bich just like any farmer but there is almost always money to be made, if your diversified. For me that means corn, milo, soybeans, wheat, cow calf, feeder cattle. Does that mean you can't go broke, of course not, but it's the same for any business. Now if you want to buy all new equipment and every piece of land you farm, you're going to go broke, but a business man would know not to do that. Another thing, a lot of business men will buy farmland for investments and rent it on shares. I farm for a man that grew up here and believe it or not has a CPA and is a attorney, and one of his clients is AGCO, and he still buys land however I farm his families ground and he buys land in eastern KS because he said he owned enough land in the dry hellhole where I farm. He's a great guy and one of the smartest people you'll ever talk too. My accountant also owns his farm, equipment land and all, but in his case he has God on his side, he's a ND grad and his papa was the Grand Pooba of the KofC. I get my moneys worth when I see him out of all those Tootsie Rolls I eat.![]() As far as my degree, it came in the mail, don't know where I put it, and
I still have nightmares about the business law professor. That's my story and I'm sticking to it.
![]() Edited by Kansas99 - 09 Mar 2022 at 8:02pm |
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"Thank you for your service Joe & the Ho"-----Joseph Stalin
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 89286 |
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Posted: 09 Mar 2022 at 6:35pm |
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the diesels get SOOOO much better MPG than a gas engine
They did BEFORE your EPA got involved !!
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Like them all, but love the "B"s.
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FREEDGUY
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Joined: 15 Apr 2017 Location: South West Mich Points: 5396 |
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Posted: 09 Mar 2022 at 6:28pm |
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But,But, But, the diesels get SOOOO much better MPG than a gas engine
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 89286 |
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Posted: 09 Mar 2022 at 5:57pm |
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Thanks, Putin !!!!!
YOUR KIDDING RIGHT ??? This is all on WIPE ME... Prices were going HIGHER every month since Jan 2021, WAY before Putin entered the picture. Edited by steve(ill) - 09 Mar 2022 at 6:00pm |
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Like them all, but love the "B"s.
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jaybmiller
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Joined: 12 Sep 2009 Location: Greensville,Ont Points: 24901 |
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Posted: 09 Mar 2022 at 5:38pm |
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question for K99.. Which did you get first the farm or the degree ? In 5 decades of dealing with successful business owners, NONE said they'd get into farming(I've always asked). Covers the whole gambit from retail sales, manufacturing,distribution,etc. These are smart guys, do all the 'risk analysis' and ledgers and math and stuff, lots have 3 letters behind their names ,some many 'groupings'. When asked, NONE said they'd get into farming as a business. Meanwhile, ALL the farmers I've known ARE 'businessmen' They KNOW the math but are faced with far more challenges that the others don't have. Long hours, sick animals, rain (or no rain),obscene fuel costs,broken machines on Sunday, .. yet at the end of the season you hope to at least break even,maybe make a small profit, then plan to do it all over again next year
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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JohnColo
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Joined: 03 Apr 2020 Location: Niwot, CO Points: 1263 |
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Posted: 09 Mar 2022 at 2:35pm |
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I think the one saving grace this year will be the higher commodity prices. Of course with all the input prices up, the profit margin will probably be the same if not smaller. Those of us who direct market should be better off as most of what I grow goes directly to the consumer, either fruit, or grain, which I grind and sell as flour. My biggest crop, hay, almost goes direct to the consumer, just got to figure out how to get the horse and other livestock growers to give me their CC number... It's going to be a trying year for us but still a whole lot better then those poor folk in Ukraine.
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dee_veloper
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Joined: 12 Apr 2021 Location: USA Points: 1168 |
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Posted: 09 Mar 2022 at 2:19pm |
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U.S. Gas Prices Hit $4.25, Setting Another RecordU.S. gas prices hit another record Wednesday, costing an average $4.25 per gallon, AAA reports. Prices are up 8 cents from Tuesday, which was a then-record of $4.17. Wednesday's average price climbed nearly 60 cents in one week and is $1.45 higher compared to one year ago, according to AAA. Top 5 states with highest prices:
Top 5 states with lowest prices:
*Average prices listed above are for a gallon of regular unleaded gas on 3/9/22, according to AAA. Thanks, Putin !!!!! |
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Don't confuse my personality with my attitude.
My personality is who I am. My attitude depends on who you are. |
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Kansas99
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Joined: 26 Feb 2015 Location: W Kansas Points: 4868 |
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Posted: 09 Mar 2022 at 2:10pm |
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This is how a business man deals with high priced fuel.
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"Thank you for your service Joe & the Ho"-----Joseph Stalin
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Kansas99
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Joined: 26 Feb 2015 Location: W Kansas Points: 4868 |
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Posted: 09 Mar 2022 at 2:00pm |
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I’ve got a business degree and I farm. What does that mean? Well outside of my account charges extra. |
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"Thank you for your service Joe & the Ho"-----Joseph Stalin
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 09 Mar 2022 at 1:55pm |
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Exactly.
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 09 Mar 2022 at 1:55pm |
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2+2=4=3+1. Arrange it however you want the meaning doesn't change. See.....you were doing OK, but you still had to get that last sentence in there. It's very true, we do it because we love it. We do dangerous stuff, in terrible conditions, for very long hours, for sometimes lousy pay, yes, because we love it and it is a calling. But, you have to BE, or LEARN TO, or CONSULT WITH a businessman, or you will be another has been farmer crying in his coffee in town every morning how he just couldn't keep it going. You CAN'T do it JUST because you love it, you HAVE TO make it pay, or you will be relegated to an old tractor in a parade. Not that that's all bad, it's not, but you must treat your farm as a business. As a group, we hang on longer and try harder through tough times longer than most, granted. BUT, unless you're playing with unlimited family money, the bank will come calling for their money, and if all you're doing is losing it, you're done. Yeah, you had to get bigger to keep going, and there's a lot of hard feelings on that. I've lived and am living it. It's where capitalism meets farming, it ain't always pleasant.
Edited by Tbone95 - 09 Mar 2022 at 1:57pm |
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 89286 |
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Posted: 09 Mar 2022 at 1:35pm |
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There is an old story about the CEO that walks into the Board Room and asks everyone...."WHAT ARE WE IN BUSINESS TO MAKE"...... Of course , everyone says "WE make Widgets SIR"........ and the CEO, says, "NO, WE ARE IN BUSINESS TO MAKE MONEY "!!!
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Like them all, but love the "B"s.
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jaybmiller
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Joined: 12 Sep 2009 Location: Greensville,Ont Points: 24901 |
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Posted: 09 Mar 2022 at 12:55pm |
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re: Ah yes, another post suggesting farmers aren't businessmen. no... it's businessmen that aren't farmers !!! A farmer has a love of the soil,will work the farm,trying everything imaginable to keep it viable, until he dies, all a businessman loves is dollars and cents..will move on from nonprofitable jobs.
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 09 Mar 2022 at 12:51pm |
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Yeah. I picked a helluva year to add 92 acres to the operation. Might pay off OK if I can make it to December!
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 89286 |
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Posted: 09 Mar 2022 at 12:47pm |
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Buddy.... You got to start using that NEW MATH we keep hearing about !!
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Like them all, but love the "B"s.
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 09 Mar 2022 at 12:34pm |
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Yeah, or get rich from crop insurance!
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 89286 |
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Posted: 09 Mar 2022 at 12:32pm |
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Tbone..... remember, you loose money EVERY YEAR.... but you make it up in the LONG RUN.......... like the used care salesman that looses on every sale, but makes it up on the VOLUME of cars he sells !!
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Like them all, but love the "B"s.
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Tbone95
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Joined: 31 Aug 2012 Location: Michigan Points: 12337 |
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Posted: 09 Mar 2022 at 12:08pm |
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Ah yes, another post suggesting farmers aren't businessmen.
Yep, we can live year after year on negative returns because it's in our blood.
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jaybmiller
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Joined: 12 Sep 2009 Location: Greensville,Ont Points: 24901 |
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Posted: 09 Mar 2022 at 11:51am |
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I suspect most farmers will shrug their shoulders, buy the 'input costs', plant and carry on farming..It's in their blood,plain and simple. Now if they were true 'businessmen', they'd 'run the numbers', see 'red' at the bottom of the paper and NOT farm.
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
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Ray54
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Joined: 22 Nov 2009 Location: Paso Robles, Ca Points: 4800 |
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Posted: 09 Mar 2022 at 10:37am |
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Not saying anything about this is good but what does a farmer do. Been there done that, you buy fuel to put seed in the ground. Thankfully no need to burn much fuel as hay crop is on the doorstep of a crop failure without rain real soon. The cows don't burn gas (just manufacture it like Shameless ) and other than hauling them to auction. I just got in under the wire with a bit of gas and diesel in the tanks to do that.In a shortage of oil products 30 years ago all the farm fuel suppliers in this area went from 30 days to pay to 10. As the amount of dollars had doubled without any increase in profit for a distributor. Thankfully I have no idea of what farm operating loan is costing today , my guess is no more than 20 years ago. Not like the 80's when it got to the high teens. Good luck to those of you planning on planting a crop this year.
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DMiller
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Joined: 14 Sep 2009 Location: Hermann, Mo Points: 34938 |
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Posted: 08 Mar 2022 at 4:14pm |
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Where and when it will hit hardest is Planting Season coming SOON, Dyed Diesel is still under $4 gal FOR NOW, delivery driver to the Shop Yard stated was his last load of Diesel to Dye up as the Tank farm told him next loads will be well OVER $4/gal and For NO Road TAX Diesel. He does not believe his client base will support that.
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ac hunter
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Joined: 05 Jan 2011 Location: OHIO Points: 1065 |
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Posted: 08 Mar 2022 at 1:19pm |
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$4.099 in Mt. Vernon Ohio an hour ago except Wally World was $3.98. Last friday was $3.67. News says will go up some more soon.
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John m
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Joined: 11 Apr 2020 Location: Wetmore, Mi Points: 278 |
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Posted: 08 Mar 2022 at 1:08pm |
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Up to 5.05 for diesel now in the U.P. and it'll take another jump before closing tonight. I wonder if steam tractor is the way to go? Lol
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