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Whats a Farmer to do....

Bamby

New member
Whats a Farmer to do now that China has taken American soybeans and corn off their menu. I thought it was foolish this year to worry about planting soybeans with every storage facility in the country overflowing with the damn things.

Are they expecting the taxpayers to pay to roll the harvest back into the earth instead of harvesting them? Or are they going to gather to force new bio-diesel laws that will force their products though our tailpipes at our own expense of higher priced fuel.

Or is it possible that they convert their land use to raising a product that will have real stand alone market value without government subsidies as the free market should demand.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
Whats a Farmer to do now that China has taken American soybeans and corn off their menu. I thought it was foolish this year to worry about planting soybeans with every storage facility in the country overflowing with the damn things.

Are they expecting the taxpayers to pay to roll the harvest back into the earth instead of harvesting them? Or are they going to gather to force new bio-diesel laws that will force their products though our tailpipes at our own expense of higher priced fuel.

Or is it possible that they convert their land use to raising a product that will have real stand alone market value without government subsidies as the free market should demand.

Biodiesel is a far better use of agriculture than corn based ethanol. . Easier on the land as well. But politics put corn first. Corn over biodiesel & corn over sugar cane ethanol. It is a prime example of why Washington DC should not run any industrial part of the economy.

That said, the tariffs are working to their purpose. Despite assurances from Joe Biden, China is not our friend. We are currently engaged in an economic war with that nation. A war we must win. And, as with any war hot or cold, there will be sacrifices.

As for soybeans, farmers do have options. Chose other crops or find other markets. Europe would use our beans if we stopped planting the GMO stuff. Sugar beets grow just about anywhere in the USA.
Biodegradable plastics is another such market and there is a great demand for research and development in those products. I know this as we are currently trying to enter the EU with such plastics packaging biodegradable single use paper spoons. They have mandated that all such single use plastics be biodegradable or compostable by 2023. With any luck, our little company will be amoung the first to make it happen..

Henry Ford pioneered plastics from soybeans many years ago. I see no reason why soybeans could not be part of the solution.

Finally, I would point out that 20 years ago China could not feed it's people. Today it exports food products to the USA, Russia and the EU. The lucrative soybean market in China for USA beans would not go on forever.
 

Bannedjoe

Well-known member
Years ago when I spent a short time in Ky, there was a move to get farmers away from tobacco.
There were billboards everywhere that showed pictures of Emus, saying it was an alternative to tobacco.

I thought to myself, how the hell do you smoke an Emu?:th_lmao:

I wish there was an alternative to plastics.

I would guess about 90% of my garbage is plastic.

We try as hard as possible not to use the plastic bags from the store.
We take everything loose in the cart to the car, and put all the cold stuff into insulated bags.
But still, we end up with mountains of the stuff every week.

We tried driving the crap to town, and putting it in recycle bins, but the task proved larger than the both of us.

The time, and money wasted to do it makes in uneconomical.

I hate to say it, but the only way I can deal with the shit is to burn it.

I feel sorry for farmers, their mission is a nobel one, but like everything else, so many stand in their way to make it so much harder and costlier than it should be.

It wouldn't surprise me to find out that we ship eggs to China, which then arrive as chickens ready to process, and have the meat shipped back to us.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
Years ago when I spent a short time in Ky, there was a move to get farmers away from tobacco.
There were billboards everywhere that showed pictures of Emus, saying it was an alternative to tobacco.

I thought to myself, how the hell do you smoke an Emu?:th_lmao:

I wish there was an alternative to plastics.

I would guess about 90% of my garbage is plastic.

We try as hard as possible not to use the plastic bags from the store.
We take everything loose in the cart to the car, and put all the cold stuff into insulated bags.
But still, we end up with mountains of the stuff every week.

We tried driving the crap to town, and putting it in recycle bins, but the task proved larger than the both of us.

The time, and money wasted to do it makes in uneconomical.

I hate to say it, but the only way I can deal with the shit is to burn it.

I feel sorry for farmers, their mission is a nobel one, but like everything else, so many stand in their way to make it so much harder and costlier than it should be.

It wouldn't surprise me to find out that we ship eggs to China, which then arrive as chickens ready to process, and have the meat shipped back to us.
You smoke an emu with hickory and some apple woods.

Our modern world demands plastics. That is because plastics created our modernity. However, that doesn't excuse our abuse of the planet by disposing of the stuff improperly.

just as the gun is blamed for mass shootings, so is the plastics industry blamed for the tons of water bottles littering the beaches.

The bottle manufacturer did not place them there. Nor did the retailer. Since we cannot motivate the citizens to be good stewards of the earth, we are gonna have to deal with the original materials.

That's where biodegradable comes in. And agriculture will provide those solutions. But we have a very long way to go.

Current technology is primitive and expensive. Cornstarch makes a decent clear plastic that is compostable. Unfortunately it is hard top process and use. Raw stocks must be shipped in refrigerated trucks. And once exposed to ambient air, they begin to degrade. Shelf life is measured in days or weeks.
There has been some advances using hemp. Very, VERY promising.

We will have to be patient until chemist solve these issues. And hope the solutions don't actually create more pollution. Or other problems. I would try to help but my expertise in chemistry boils down to converting beer into urine.



Whatever the solutions, our farmers will have to be part of it. Growing hemp instead of beans could become common.
 

Bannedjoe

Well-known member
What's the biodegradable factor on waxed cartons or waxed paper?

One thing I end up with a lot of is the styrofoam meat packaging.

Of course it's most likely impossible for everyone to buy their meats at the butcher counter and then wrapped in paper.

But man, I get tired of that stuff.

Another thing, if they quit falsely plumping up meats with water and other "enhancers" we probably wouldn't need all those absorbent napkin thingies.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
What's the biodegradable factor on waxed cartons or waxed paper?

One thing I end up with a lot of is the styrofoam meat packaging.

Of course it's most likely impossible for everyone to buy their meats at the butcher counter and then wrapped in paper.

But man, I get tired of that stuff.

Another thing, if they quit falsely plumping up meats with water and other "enhancers" we probably wouldn't need all those absorbent napkin thingies.


"Waxed paper?":th_lmao:

Meat trays have a paper substitute but it requires a plastic coating. Or perhaps an organic wax.

We are talking PET bottles, Thermoformed tubs of lunch meat, foil lidding, plastic seals even your paper sugar packets are plastic coated. Water bottles use, at a minimum, three layers of materials ,paper pet food bags have seven or more barrier labels.

There is only so much we can now do with soybean and corn starch. Soy oil can be made into a wax. Corn starch makes a decent pseudo cellophane.

But that only takes care of packaging sheet film. It is not clear nor suitable for printing graphics. In other words, we are not anywhere near solving this issue.

Consumers take a lot for granted when they buy packaged goods. The technology of the bag far exceeds the technology of the Corn chips inside. Yes, it would be beneficial to them if the American farmers could participate more in creating materials for the the former so they can still participate in growing crops for the latter.
 
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FrancSevin

Proudly Deplorable
GOLD Site Supporter
Sorry Bamby if I took this subject a bit off course. I think it more likely your intent may have been to discuss the negative effects of Trump's tariffs.

Instead I went to what "Farmers" should do.

Tariffs are just another obstacle in the path of a farmer's success. There are so many, weather, markets, disease, politics all seem to align or take turns putting ruination to what could be a successful year. My Farmer Grandpa used to always say,,,,; Next year! Next year will be better.

I believe he said that most every year for the 50 years I knew him.
 

Bamby

New member
Sorry Bamby if I took this subject a bit off course. I think it more likely your intent may have been to discuss the negative effects of Trump's tariffs.

Instead I went to what "Farmers" should do.

Tariffs are just another obstacle in the path of a farmer's success. There are so many, weather, markets, disease, politics all seem to align or take turns putting ruination to what could be a successful year. My Farmer Grandpa used to always say,,,,; Next year! Next year will be better.

I believe he said that most every year for the 50 years I knew him.

Thanks but unnecessary Franc its just another example of how hard it is to contain a issue by examining a tiny aspect of the problem.. :smile:

But these farmers aren't your grandparents or my grandparents were. These farmers have invested heavily into specialization and now that the markets are changing and there is less demand for their product they aren't fluid enough to make the transition.

It would be in essence similar to you shutting down your widget packaging line and opening a widget assembly line. The old line would then be worthless to you and you'd have to pack it out and buy all replacement equipment needed for assembly.

In my grandparents little farm they had a wide variety of potential cash flow growth throughout the farm. Life still wasn't easy or even great because the best of what the farm had to offer was sold at market for the cash flow to keep the family and farm going. But then again if a fox got into the chicken coop it wasn't the end of their world either.

In my mind I think hemp may be the long term savior if the government stays out of the way. But then again many farmers are already financially stressed and couldn't afford the cost of the transition needed to handle the cultivation and harvest of the hemp.
 

300 H and H

Bronze Member
GOLD Site Supporter
The other reason soybeans will be hit is that China has culled over half their breeding herd of pig due to African Swine flue. They have no replacement protein in their market basket to take place of that. There is an international player, largest meat packer in the world out of Brazil known here as JBS. It has been speculated that pork from their plants here may head south to be relabled as south American production, and then shipped to China. What a deal for JBS if they are pulling this off... Soybean meal globally will see a 30% reduction due to all those hogs missing in China. We are now selling some Soybeans to the EU, something unheard of for a very long time. The EU was especially bad about keeping our AG products out. This seems to be changing quickly.

Monday the cat might be let out of the bag as to this years crop size, as millions of acers went unplanted, mainly in the Eastern production area's. Up to this point the market has been working off the last word USDA put out in June, that we planted 5% more corn this year than last. Every one knows that this is simply not the case. Cash corn in the country side is now worth more than it is in Chicago, as no one is selling the actual commodity, as in Chicago they only trade "paper grain", yet they claim to be were "price discovery" happens for not only the US price, but a "global price" as a producer or speculator can participate from any where on the planet, in the "paper trade".

Oh and the Speculator is worthy of an entirely new thread. Big Banks, Hedge funds, Mutual funds with retirement money, can since 2005 invest twice as much in a given commodity than ever before! Since that time the amount of the retail dollar a farmer receives has dropped to new record lows. All this, and the corn farmer, the cattle feeder are feeling huge financial stress so you can pay $12 per lb. for choice ribeye beef steak. I kid you not. Not only that but with out an open out call trade of old, computers now do all the trading, and they can trade at a rate of 6,000 trades per second, in each and every market. I kid you not....

To me this food system is a pie, and the speculators have doubled the size of their slice, at the expense of the farmer when there is adequate production, and at the expense of the consumer when we have to ration with increased prices. Like a tick on a dogs back we can only support so many speculators. Speculators are a big part, along with oligarchy's with in the supply chains as well as the processor chains, that act with impunity as monopoly's in their conduct. Is it any wonder why the food producers are suffering all the while food prices in the store are ever increasing? Does this make any sense at all to you?

Another burr under my saddle is the Dakota's. South Dakota more so of the two. Since the high prices at the beginning of ethanol production, stoked by a two year drought in the corn belt, the Dakota's are planting row crops in land never before farmed. The expansion of row crops is breath taking from some one who has spent a lot of time up that way. There has been huge outlays for infrastructure to grow corn and soybeans. We are gaining acers in an area that is prone to lack of water to grow said crops. SD sits on the Ogalola aquifer and that is being depleted by Nebraska production. They only reason they are farming this huge sand box is because of Federally subsidized crop insurance, and our premiums here in the actual corn belt are being used to subsidize this new and very risky production area. South Dakota, North Dakota are not part of the "Corn Belt" in any previous maps of the said belt area. We need to curb that, and could if we only required 10 years of production history in order for new lands to be insured. Simple change, huge results...

I could go on and on, with this diatribe. The table has tilted out of the farmers favor, and did so a long time ago. But the CFTC and CBOT have unleashed greed on a scale we have never experienced before. Vollitility is now the rule. When the Spec leaves a short position, he take a long position in the same play. I say make them sit on the side lines for 15 days before entering a new contract on the other side of the market. It will kill those specs if they had to do that..

Regards, Kirk
 
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m1west

Well-known member
GOLD Site Supporter
Biodiesel is a far better use of agriculture than corn based ethanol. . Easier on the land as well. But politics put corn first. Corn over biodiesel & corn over sugar cane ethanol. It is a prime example of why Washington DC should not run any industrial part of the economy.

That said, the tariffs are working to their purpose. Despite assurances from Joe Biden, China is not our friend. We are currently engaged in an economic war with that nation. A war we must win. And, as with any war hot or cold, there will be sacrifices.

As for soybeans, farmers do have options. Chose other crops or find other markets. Europe would use our beans if we stopped planting the GMO stuff. Sugar beets grow just about anywhere in the USA.
Biodegradable plastics is another such market and there is a great demand for research and development in those products. I know this as we are currently trying to enter the EU with such plastics packaging biodegradable single use paper spoons. They have mandated that all such single use plastics be biodegradable or compostable by 2023. With any luck, our little company will be amoung the first to make it happen..

Henry Ford pioneered plastics from soybeans many years ago. I see no reason why soybeans could not be part of the solution.

Finally, I would point out that 20 years ago China could not feed it's people. Today it exports food products to the USA, Russia and the EU. The lucrative soybean market in China for USA beans would not go on forever.

I 100% agree with your analogy about China and learned a few things about soy beans and biodegradable products. Marty
 

300 H and H

Bronze Member
GOLD Site Supporter
Here is a classic example of what happens when a beef packing plant has a fire in a cardboard box making room...

[ame="http://www.youtube.com/watch?v=QDB_2odm4Ro"]Feeder Flash 8/15: Limit Up, Little Late - YouTube[/ame]

This is just one example of the oligarchy in the beef packing industry taking full advantage of an accident THEY HAD. nothing at all to do with a beef producer. But, you as a consumer are also being taken for a ride, and you wallet as well. These guys take advantage of both the producer, and you, the consumer. And above all, they could care less if they can Bank extra profits.

In the corn market, USDA released their much waited for August report. Corn has dropped like a rock ever since, taking nearly 60 cents of the cash price. But their number do not add up when you do the math on crop size. USDA says that there were 10 million acers not planted to corn, yet they estimate of the crop size does not show those missing acers they say are out there. More smoke and mirrors, more broken dreams of an actual good profitable year gone again... at least till harvest. Then will we know the truth? Unlikely I think. The lies will continue, because some one thinks we will not run short of corn. Heck if we are not short, and have to ration, you can bet we will have below cost of production prices. This market so needs Trump to take a look at the sheer criminality of the commodity markets today....

Regards, Kirk
 

Bamby

New member
It also conveniently happens at some oil refinery every damn year right before summer peak demand so they can get the prices and profits up.

It's all corrupt but the parties involved are way to big and control so much of the markets and the money they can more or less do any damn thing they like with confidence that nothing going to be down to do a damn thing about it.. :hammer:
 

300 H and H

Bronze Member
GOLD Site Supporter
Corbin Wall with a scathing commentary about collusion in the cattle markets. He hits the nail directly on the head.. Just one of a dozen Ag markets being spoiled by the very trade that they are the pillar of. With out farmers and the work we do, there would be NO MARKETS....

[ame="http://www.youtube.com/watch?v=sr51G6tjrIg"]Cattle Market Summary 8/16: The Sting - YouTube[/ame]

The American farmer is being screwed, right along with you the Citizen consumers. Are you liking it yet?

Regards, Kirk
 

Bamby

New member
The American farmer is being screwed, right along with you the Citizen consumers. Are you liking it yet?

Regards, Kirk

The American people can't help people who make it almost impossible to help them. The farmer by choice has pretty much separated himself from the market.

Wasn't all that long ago I had standing orders for half a hanging beef and a pig or sometimes a pig and a half from local farmers. But they have retired some time ago and the farms are now deer habitat for some well to do city smuckers who think of themselves as great white hunters hiding in blinds behind rotating feed bins that call in their pray.

Oh this was about Farming, anyway the farmers if they want to survive are going to haft to figure out how to go about squeezing out the middle man.

I mean damn they ain't really got any skin in the game and they're the ones making all the money. I mean you raise the crop taking all the chances and risks it will prosper to marketable size and then dump them at action with only a couple of bidders who are in bed together... Someone needs to wake up and smell the coffee... :hammer::hammer:
 

300 H and H

Bronze Member
GOLD Site Supporter
Another of the great commentary provided by Corbin Wall. This one is the best one yet of the problems in the Cattle markets.

[ame="http://www.youtube.com/watch?v=Y9Sx6qR_Des&t=804s"]Feeder Flash 8/21: What Can Be Done? - YouTube[/ame]

Ever had shit on your boots? Lol this guy has!

Regards, Kirk
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
Yet another blow to farmers, but this time from another angle.

https://www.agriculture.com/news/bu...9&utm_medium=email&utm_source=agriculture.com

This is just the beginning I fear, as Poet is reducing ethanol production at some of it's other plants as well.

Regards, Kirk

Whilst I hate to see the negative impact this will have on farmers, you know how I feel about ethanol. It is some bad stuff for engines, the petrol industry, and the environment. Farmers should not have been so duped as to accept non food corn production as a fat cow.

Once again, the story plays out and the government screwed things up. The politically connected made millions off the taxpayers and hardworking farmers. All of it done as they operated against the currents of capitalism and market principles. This latest move is no different.
 

300 H and H

Bronze Member
GOLD Site Supporter
Whilst I hate to see the negative impact this will have on farmers, you know how I feel about ethanol. It is some bad stuff for engines, the petrol industry, and the environment. Farmers should not have been so duped as to accept non food corn production as a fat cow.

Once again, the story plays out and the government screwed things up. The politically connected made millions off the taxpayers and hardworking farmers. All of it done as they operated against the currents of capitalism and market principles. This latest move is no different.

As I hope you remember, I do not sell my corn to an ethanol plant unless there is an issue that my food grade processor can not accept a load of corn. (one load is 1,000 bu. or 58,000 lbs. btw) Lately it has been because of to high of moistier content that I had loads rejected. And even those I took a bit of a hit on, because I chose to take it to a Coop instead of an ethanol plant. I do how ever corn is not just a food for live stock sort of crop. Long before ethanol we used corn for industrial use. Ethanol how ever has increased this category immensely.

USDA, CBOT, and CFTC are all to blame for the mess we have today from a farmers prospective. All of them seem to be more than willing to accommodate the doubling of speculative money in the CBOT markets. Big money wins again. Any surprises? Lol

Regards, Kirk
 

Bamby

New member
I also am on the ethanol sucks bandwagon. Always have always will it's nothing more than governmental propped up business subsidy that would never have made it on it's own unless they could have kept oil at 500 dollars a barrel or so.

So like any failed business venture it should be allowed to fail to the point that it finds it's real market value witch unfortunately is likely less than the cost of production.

So now we need to move on to potentially greener perspective. Legal Hemp.

President Trump has been an ally of the legal cannabis markets… He’s rolled back a bunch of restrictions and signed the 2018 Farm Bill into law. If you’ve been following the Dispatch – or any of Crisis Investing chief analyst Nick Giambruno’s work – you know this is a huge deal. Industrial hemp is legal at the federal level – for the first time in over 70 years.

But people still don’t grasp how big of a deal legal hemp is… or why it’s going to send a niche market soaring. Early investors have a huge opportunity in this space.

Read on for details on this money-making sector… and how you can profit.

In today’s essay, I’m going to show you another major milestone on the road to full cannabis legalization in the U.S.

It centers on one of America’s forgotten cash crops…

The applications for this crop greatly exceed those of regular cannabis. And the potential upside is almost impossible to calculate.

I’m talking about hemp, which is now legal for the first time in over 70 years after the government legalized it last year.

I’ll explain all the details about this big opportunity in a moment. But first, let me back up and explain what hemp is.

What Is Hemp?

Hemp and marijuana are from the same plant species, Cannabis sativa. They look similar, which leads to some confusion. But hemp and the type of cannabis that people smoke have different chemical compositions.

The cannabis plant contains over 100 different cannabinoids. These are chemical compounds that react with cannabinoid receptors in the nervous and immune systems.

The two most common cannabinoids are THC (tetrahydrocannabinol) and CBD (cannabidiol). Regular cannabis contains a lot of THC. That’s the chemical that gets you “high” when you ingest it.

Hemp, on the other hand, has almost no THC. It’s next to impossible to get high from smoking it. But it’s high in CBD, which has medicinal properties and no intoxicating effects.

CBD has been proven to help epileptics control and reduce the number of seizures they have. That’s according to two peer-reviewed studies published in The New England Journal of Medicine and The Lancet.

In December, I showed you the remarkable story of Charlotte Figi. After only one day of treatment using CBD oils, Charlotte went from having 40 seizures every day to going a week without one.

Charlotte is 12 now. She still takes daily CBD treatments. She still has some seizures. But they aren’t nearly as frequent or as severe as they were before she started her CBD treatments. Today, she can eat, walk, talk, and live a mostly normal life.

However, even with all of these incredible benefits, the feds don’t see the big picture…

Why the Feds Have It All Wrong
Even though hemp has next to no THC, it’s a strain of the cannabis plant.

That’s why the feds used to classify it – along with regular cannabis, heroin, LSD, ecstasy, and peyote – as a Schedule I substance, its most severe category.

Hemp’s former classification was patently ridiculous.

Even if you buy the argument that high-THC cannabis should be illegal – which I don’t – it made no sense to outlaw hemp as well. Nobody was getting high on hemp. But the CBD it contains is helping people like Charlotte Figi escape the hell of severe epilepsy.

Now, hemp wasn’t always illegal. Presidents George Washington and Thomas Jefferson both cultivated it. And it used to be one of the main cash crops that American farmers grew for more than a century.

Congress treated hemp like any other agricultural commodity until it passed the Marihuana Tax Act of 1937. Cannabis prohibitionist Harry Anslinger, the first commissioner of the U.S. Treasury Department’s Federal Bureau of Narcotics, drafted it. His bill put punitive taxes on hemp and cannabis production… and made it illegal to be in possession of either without a license.

The feds temporarily lifted these restrictions in 1942. At the time, the industrial fibers used to produce rope, cords, and cloth were in short supply. The feds wanted farmers to grow as much hemp as possible, in order to produce more of these materials and support the U.S. military in World War II.

The U.S. Department of Agriculture even produced a movie called Hemp for Victory explaining the benefits of hemp cultivation to farmers. It also highlighted the history of hemp and hemp products as well as the best hemp-growing practices.

Obviously, the government was aware of hemp’s industrial uses. But it reinstituted the effective prohibition of hemp after the war ended – despite its medical and non-medical applications. It was one of the most boneheaded things the government has ever done.

Growing hemp remained illegal for the next 70 or so years… until recently.

That’s because President Trump signed the Farm Bill into law this past December, which legalized hemp at the federal level. Now, hemp is treated as an agricultural commodity, not a Schedule I substance.

Today, there are an estimated 25,000 non-medical products that can be created from hemp. It can be used in food and beverages, cosmetics, nutritional supplements, clothing, textiles, paper, and insulation materials… to name just a few.

In fact, before legalization, nearly $700 million worth of hemp-based goods were already sold in the U.S. every year. These products were made with hemp imported from China and Canada… the latter of which legalized growing hemp in 1998.

It was one of those odd legal loopholes. You couldn’t grow hemp in the U.S., but you could import certain parts of the hemp plant that weren’t illegal. In other words, the U.S. was needlessly subsidizing foreigners… not exactly an “America First” deal, which is one reason why I suspect Trump legalized hemp and will eventually legalize cannabis outright.

How Big the Market for Legal Hemp Is in the U.S.

Americans already spend more than $700 million on products that contain hemp every year…

sales.jpg


But that’s just a snapshot of where the market is right now. Now that hemp is legal, the market will truly explode.

It’s worth noting that the oracles at Whole Foods say hemp will be a “Top 10” product this year.

Drugmakers will be able to openly research other uses of CBD derived from hemp.

There’s no telling what medical treatments they’ll develop. What we can be sure of is that all of this will increase demand for CBD and the plant it’s extracted from – hemp.

How You Can Gain Exposure to Legal Hemp Stocks

Now that President Trump has legalized hemp at the federal level, the floodgates have opened for hemp production – as well as CBD oil extraction – on a massive industrial scale in the U.S.

I expect the CBD oil market to explode (recall that industrial hemp is used for its rich CBD content.)

Market research suggests that the U.S. CBD market was worth around $500 million last year.

But it could easily skyrocket to over $10 billion within the next three years. That’s 20 times its current size.

As impressive as that sounds, I think it’s probably conservative. Sales of Epidiolex, the CBD drug the FDA approved to treat epilepsy, are expected to reach $1.3 billion over a similar time frame. And that’s just one CBD product.

I think the U.S. CBD market could easily grow 20 times larger in the years ahead.

Shares of select publicly traded companies in the CBD industry could surge even higher.

This is presenting investors with another new, huge opportunity to profit from the legal cannabis megatrend. The time to position yourself is now.

You must remember to be cautious when investing in legal hemp and cannabis stocks. Some of them are quality companies. But there are also plenty of bad actors out there trying to ride a wave of the mania.

Regards,

Nick Giambruno
Chief Analyst, Crisis Investing
 

NorthernRedneck

Well-known member
GOLD Site Supporter
The states view of cannabis, particularly medical marijuana, quite frankly pisses me off. I have been on several different so called pain medications in the past 4 years that did very little to control the pain but gave me bad side effects. One, a nerve pill, did nothing to help with nerve pain but caused me to gain 40lbs in 6 months as a lovely side effect. Another was supposed to help with muscle pain. Guess what, it didn't. But left me in a zombie like state half the day. And people are selling them like candy on the street corner for that reason. But they're legal.

Where am I going with this? Well, as a Canadian traveling to the states, it's perfectly fine to carry a whole pharmacy of opioids across the border with no consequences. But, even if I'm traveling into a state where medical marijuana is legal, I can't carry it with me. A medication that actually works and leaves me with no side effects. As soon as I mention that I have medical marijuana at the border, I'm immediately thrown into the same category as the average drug runner or dealer. Despite the fact that it is legal in Ontario where I'm coming from as well as being legal in Minnesota where I'm going, because the border is federally controlled and the federal government is about 20 years behind the times, all of a sudden I'm a criminal in their eyes and have the possibility of receiving a lifetime ban on entering the states.

Where does that leave me? I can choose to ignore the fact that the us government is antiquated and bring it with me hoping to not get caught at the border and if I do, suffer the consequences. I could leave it at home and switch to a so called legal pain med that leaves me feeling high all day and travel to the states. Or, I can stay home.

We just did mount Rushmore. That's 8 people traveling through the states eating American food, buying American gas, staying in American campgrounds etc for 2 weeks. When we got back, we had a serious discussion about ever going back to the states for more than a couple days as I can't bring my pain medication with me. I'm not talking about a high thc bud that leaves me stoned for hours. I'm talking about a very low % thc pill that is a slow release, actually works for the entire day to control severe nerve and muscle pain, and leaves me with no cognitive side effects. The federal government would rather see me jacked up on oxycontin all day walking around like a zombie.

Sent from my SM-G965U1 using Tapatalk
 

m1west

Well-known member
GOLD Site Supporter
The states view of cannabis, particularly medical marijuana, quite frankly pisses me off. I have been on several different so called pain medications in the past 4 years that did very little to control the pain but gave me bad side effects. One, a nerve pill, did nothing to help with nerve pain but caused me to gain 40lbs in 6 months as a lovely side effect. Another was supposed to help with muscle pain. Guess what, it didn't. But left me in a zombie like state half the day. And people are selling them like candy on the street corner for that reason. But they're legal.

Where am I going with this? Well, as a Canadian traveling to the states, it's perfectly fine to carry a whole pharmacy of opioids across the border with no consequences. But, even if I'm traveling into a state where medical marijuana is legal, I can't carry it with me. A medication that actually works and leaves me with no side effects. As soon as I mention that I have medical marijuana at the border, I'm immediately thrown into the same category as the average drug runner or dealer. Despite the fact that it is legal in Ontario where I'm coming from as well as being legal in Minnesota where I'm going, because the border is federally controlled and the federal government is about 20 years behind the times, all of a sudden I'm a criminal in their eyes and have the possibility of receiving a lifetime ban on entering the states.

Where does that leave me? I can choose to ignore the fact that the us government is antiquated and bring it with me hoping to not get caught at the border and if I do, suffer the consequences. I could leave it at home and switch to a so called legal pain med that leaves me feeling high all day and travel to the states. Or, I can stay home.

We just did mount Rushmore. That's 8 people traveling through the states eating American food, buying American gas, staying in American campgrounds etc for 2 weeks. When we got back, we had a serious discussion about ever going back to the states for more than a couple days as I can't bring my pain medication with me. I'm not talking about a high thc bud that leaves me stoned for hours. I'm talking about a very low % thc pill that is a slow release, actually works for the entire day to control severe nerve and muscle pain, and leaves me with no cognitive side effects. The federal government would rather see me jacked up on oxycontin all day walking around like a zombie.

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You might try going to a dispensary in the US when here I don't know if they would honor your Canadian medical card but getting one from a US doctor takes 10 minutes and are usually in or near the dispensary. Marty
 

300 H and H

Bronze Member
GOLD Site Supporter
The states view of cannabis, particularly medical marijuana, quite frankly pisses me off. I have been on several different so called pain medications in the past 4 years that did very little to control the pain but gave me bad side effects. One, a nerve pill, did nothing to help with nerve pain but caused me to gain 40lbs in 6 months as a lovely side effect. Another was supposed to help with muscle pain. Guess what, it didn't. But left me in a zombie like state half the day. And people are selling them like candy on the street corner for that reason. But they're legal.

Where am I going with this? Well, as a Canadian traveling to the states, it's perfectly fine to carry a whole pharmacy of opioids across the border with no consequences. But, even if I'm traveling into a state where medical marijuana is legal, I can't carry it with me. A medication that actually works and leaves me with no side effects. As soon as I mention that I have medical marijuana at the border, I'm immediately thrown into the same category as the average drug runner or dealer. Despite the fact that it is legal in Ontario where I'm coming from as well as being legal in Minnesota where I'm going, because the border is federally controlled and the federal government is about 20 years behind the times, all of a sudden I'm a criminal in their eyes and have the possibility of receiving a lifetime ban on entering the states.

Where does that leave me? I can choose to ignore the fact that the us government is antiquated and bring it with me hoping to not get caught at the border and if I do, suffer the consequences. I could leave it at home and switch to a so called legal pain med that leaves me feeling high all day and travel to the states. Or, I can stay home.

We just did mount Rushmore. That's 8 people traveling through the states eating American food, buying American gas, staying in American campgrounds etc for 2 weeks. When we got back, we had a serious discussion about ever going back to the states for more than a couple days as I can't bring my pain medication with me. I'm not talking about a high thc bud that leaves me stoned for hours. I'm talking about a very low % thc pill that is a slow release, actually works for the entire day to control severe nerve and muscle pain, and leaves me with no cognitive side effects. The federal government would rather see me jacked up on oxycontin all day walking around like a zombie.

Sent from my SM-G965U1 using Tapatalk

Oh yes the border crossings....

Did you now if you have an OWI on your USA driving record, you will be refused to enter Canada? Yup, this is a fact, and it prevents me from taking my wife to Canada.... Ever. :hammer:

So this works both ways, at the point of entry.

Both nations could use a shot of reality.

Regards, Kirk
 

Bamby

New member
Kentucky continues its reign as one of the top hemp producers in the nation.

Kentucky's Agriculture Commissioner Ryan Quarles said that Kentucky hemp processors reported nearly $58 million in gross product sales in 2018, more than double the sales in 2017.

"It's a new economy for Kentucky," said farmer and Chief Executive Officer of A-1 Implements Max Hammond.

Hammond is advocating for farmers in Appalachia to invest in Kentucky's hemp industry.

"This is a way we can bring hope to Appalachia," said Hammond.

At a time where crops such as soybeans and tobacco are not selling for as much as they used to, hemp could be the key to the future of Kentucky farming.

"Tobacco, corn, soybeans, here in Kentucky, there is just not enough farmers to be in it," said farmer and machine inventor Cody Arvin.

Arvin said hemp sells for more-per-acre than other crops.

"This is an opportunity for Appalachia to be self-sustaining to revitalize our economy," said Max Hammond.

Not only does the hemp industry bring in more revenue, it also creates jobs. Kentucky's Agriculture Commissioner said in 2018 the industry employed close to 500 people.

With big companies such as Legos and Levi using hemp for their products, the hemp industry is expected to continue growing.

"Chemists will benefit from this, welders will benefit from this, bookkeepers, truck drivers, mechanics," said Hammond.

Hemp is used to make CBD oil, food, fuel, fiber, and many other things.

"The water bottle in your hand, that could be made of hemp," said Hammond.

Hammond predicts that if the hemp industry catches on in Eastern Kentucky the region's economy would greatly benefit, and it would save local farms from going under.

WYMT
 

300 H and H

Bronze Member
GOLD Site Supporter
As of a year ago it was my understanding the machinery to separate the long and short fibers in hemp for paper and cloth are not in the USA. Only outside of our borders in Europe and China, have the said machines.

I hope this has, or shortly will change.

Regards, Kirk
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
Hey Kirk, Does the recent agreement for the sale of USA corn and beef to JAPAN help you guys?

Seems they want to buy everything in our elevators.
 

300 H and H

Bronze Member
GOLD Site Supporter
Hey Kirk, Does the recent agreement for the sale of USA corn and beef to JAPAN help you guys?

Seems they want to buy everything in our elevators.

Glad you ask. Yes of course it does. As with the French culture, the Japanese are quite particular of their diet. Many will pay more for higher quality. Our beef is with out compare, unless you develop a taste for grass fat. I have a grass fat roast in the freezer, half the size of the same in a corn fed animal. I will soon give it an honest chance. But I have been told it takes some getting used to.. Lol.
Asian cultures treassure a beef and rice bowl. In fact, civil disobedience has broken out small scale because of it. Beef eat lots of corn and soy protein.

Regards, Kirk
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
Glad you ask. Yes of course it does. As with the French culture, the Japanese are quite particular of their diet. Many will pay more for higher quality. Our beef is with out compare, unless you develop a taste for grass fat. I have a grass fat roast in the freezer, half the size of the same in a corn fed animal. I will soon give it an honest chance. But I have been told it takes some getting used to.. Lol.
Asian cultures treassure a beef and rice bowl. In fact, civil disobedience has broken out small scale because of it. Beef eat lots of corn and soy protein.

Regards, Kirk

Good to know. Of course you know Trump arranged it because next year is an election year.
 

300 H and H

Bronze Member
GOLD Site Supporter
[ame="http://www.youtube.com/watch?v=df_dxdpRkX4"]Feeder Flash 8/29: Something... - YouTube[/ame]

Good news indeed!

USDA is opening an investigation of the beef packing industry.
Maybe some thing can come of this, just maybe the Ag processing industry will actually fallow the rules and the law concerning price collusion, price fixing.

I hope we get to clean the rats out of our hen house....

Regards, Kirk
 

Bamby

New member
Farmageddon Is Real And Farmers Are Suffering

Farmageddon is real and very painful for a small segment of America. According to the Book of Revelation in the New Testament of the Bible, Armageddon is the prophesied location of a gathering of armies for a battle during the end times. Today many farmers living in America's farm belt are facing tough times with no end in sight. The trade war with China has taken a toll by bringing grain exports to a near halt. This has caused grain prices to tumble adding to the list of blows hitting farmers. While the number of people employed on farms has declined over the decades farming remains a big business and has a huge impact on many communities. In these areas, the money flowing into local businesses as farmers sell their crops is evident in everything from truck sales to the little things common in everyday life such as dining out or getting a haircut.

The USDA's farm income forecasts are released three times a year. While little noticed by the average person living on the coast or in one of our many large cities this is a big deal. As mentioned earlier in this article farm income is not contained in a closed-loop but spills into other parts of the economy. Many areas in the heartland of America have not experienced the benefits showered upon Wall Street, because of this we should not be surprised if the gloom covering many areas of the country does not lift anytime soon. The chart to the right shows a "forecast of income" but fails to take the impact of the trade war into full consideration.

Sadly, getting support to the average working farmer is more difficult than it might seem. A recent article in AgMag claims About 9,000 "city slickers," that means, people living in luxurious neighborhoods in large cities received a farm bailout from the Trump administration's recent effort to minimize the impact of the trade war on farmers. An updated Environmental Working Group (EWG) analysis of Department of Agriculture data revealed that many recipients of the relief money live not in farm country but in large cities or other decidedly non-rural locations. These urban recipients of the bailout include members of farm families, landowners, and investors that provide land, capital, equipment for farms or make operational decisions for how a farm is run.

Farm real estate debt is expected to reach $263.7 billion in 2019, a 5.1 percent annual increase. Of this real estate debt accounts for 61.8 percent of total farm debt. Due to the weakness in the prices of crops and livestock, many farmers today suffer cash flow issues and struggle to get financing to plant crops. Farmer access to capital continues to be primarily in the form of debt. Commercial banks and the FCS have become more cautious as bankruptcy filings in the Seventh Circuit (Illinois, Indiana, Wisconsin) and Eight Circuit (N Dakota to Arkansas) have hit a10-year high. Most operators try to hang on when grain prices are low, hoping to still be in business when prices increase. Efficient farmers with manageable debt levels have the flexibility to stay profitable throughout the cycle but the smaller often less efficient farmers generally feel a huge impact from a drop in income and tighter lending criteria.

Adding to the already bad situation down on the farm is the negative feedback flowing from the recent decision by the EPA to ramp up the number of waivers that it grants to the refining industry, absolving some smaller refiners of the requirement to buy ethanol. The Trump administration's shocking decision to approve 31 and deny only six 2018 waiver requests has left the bio-fuels industry reeling was incensed. The Renewable Fuels Association (IRFA) Executive Director Monte Shaw stated in a press release. “With this action, President Trump has destroyed over a billion gallons of bio-fuel demand and broken his promise to Iowa voters to protect the [Renewable Fuels Standard].” This caused futures prices for corn-based ethanol to plunge to a five-year low for this time of year and down roughly 25 percent since June. “The Trump administration has totally annihilated the margins for ethanol producers,” Charlie Sernatinger, head of global grains futures with ED&F Man Capital Markets, told the Wall Street Journal.

The EPA’s decision is merely the latest in a series of blows from Washington and the hits keep on coming. The U.S.-China trade war has battered the U.S. Midwest, as farmers have all but lost access to the Chinese market. China has turned to Brazil for ethanol and soybeans. Prices for U.S. soybeans, corn, and other agricultural commodities have plunged. Corn prices had rebounded after the Midwest was soaked in record-breaking floods that threatened corn plantings, however, the latest data from the U.S. Department of Agriculture shows that yields are not expected to be as hard hit as previously expected. Normally this would be good news for farmers but higher-than-expected supply has sent corn prices tumbling.

Several months ago JPMorgan told clients the American agriculture complex is on the verge of disaster, with farmers caught in the crossfire of an escalating trade war. Modern farming is a capital intense business and over the years many farmers have taken on debt. They have come to count on income from grain exports to service their obligations. JPMorgan analyst Ann Duignan alerted investors that, Overall, this is a perfect storm for US farmers," Because of this, in May, Duignan downgraded John Deere's stock to underweight, pointing to the fundamentals in the farm-belt as "rapidly deteriorating."

The pain felt in the farm-belt is very evident at dozens of John Deere dealerships where the agriculture bust that has triggered massive tractor sales declines and left stores reeling. Reuters contacted dozens of John Deere Stores across the Central and Midwest U.S. in an effort to access what the trade war and adverse weather conditions have had on tractor sales this year. It reports that about a half dozen stores across the Midwest said sales in the first half of 2019 collapsed. One store, in Geneseo, Illinois, saw sales fall 50% from the previous year. Sales orders for tractors next season are down, this is an indication that farmers expect the bust will continue through 2020.

The USDA forecasts the farm sector’s risk of insolvency to be at its highest level since 2002. The value of land, the most stable asset on the farmer’s balance sheet is impacted by commodity prices, interest rates and the cyclical nature of farm income. From the farmer's point of view, Trump may have made a big mistake when he recently decided to hold off on additional tariffs on Chinese goods because it will drag out negotiations. The President's motivation seems to be keeping consumer prices in stores low over the holidays. Christmas sales make up a good share of retailers overall annual revenue. Unfortunately, his move also delayed a resolution to the trade talks by removing pressure on China to come to the table. The bottom-line is farmers can expect export sales of grain pushed back again because China views that punishing the American farmer is a chief weapon in the negotiations.

For some graphs, photo's, and links included in the OP please view the OP Here
 

300 H and H

Bronze Member
GOLD Site Supporter
Here is what I know...

Those who do not farm but own land and crop share lease it are able to receive federal farm subsidies, but only if their adjusted gross income is under one million dollars. Crop share lease land owner are my favorite land owners to deal with. They are willing to share in the good and the bad times, just as the farmer does. It is by far the fairest arrangement one can have with a land owner. When I retire, I will probably be a crop share land owner myself. One has to keep their mind in the game and participate in decision making. I have no issue with that, as I have done so all of my adult life... Cash rents are always out of step with farm incomes. They lag, and currently are to high, as the land owner did not receive the wealth of the 5 years of very high prices we had 6 years ago, and for the 5 years before that. Many land owners cash renting did not realize how much their tenant was making in those very profitable years until they were nearly over. But believe me they are still trying to make up for those years they did not profit from...

The bio fuel issue is par for the course for farmers. We were told one thing and received some thing else, with the small refinery wavers. MTBE is why we use ethanol. No other oxygenate can compete with it, nor is as environmentally benign as ethanol is. Burn it and you get CO and water as the emission's. It boosts octane rating by 3 points at 10% mix. E85 is 107 octane and can be used in engines with compression ratio's as high as 14 to 1, and that is what really boosts thermal efficiency is high compression ratio's of the hey days of the muscle cars of the 60's... Racers have been converting to E85 by the boat loads as they find they can run very high compression ratio's and spend $1.85/gal instead of Cam 2 for $15/gallon and make the same power output... We have 2 billon bushels of old crop "extra" corn weighing on the markets, along with huge amount of Wall Street money in the market on the short side, and that is really what is driving down the market of corn. Fat cat investor's are sucking the money from our markets and directly from farmers in the form of cheap grain at the market gates for farmers to swallow.

The markets lie all the time, with a narrative that hides the truth. For example, recently and quite surprisingly we hit the amount of soybean exports USDA said we would for the marketing year. 6 months ago, all the market could talk about was how we would NEVER meet those export sales. So how did we do it? China... They have been buying beans all along these past months, and at a record rate. Did you ever hear of those sales? Have bean prices risen... Nope...:hammer::hammer::hammer:

Another example of the lying narrative promoted by Big Players in the grain industry is this. Right now we are at a huge risk, as a lot of this years crop was planted in June. A normal frost will render it useless as grain, yet we have absolutely none of this profound risk reflected in price. Oh and that risk is very high indeed, yet no one will admit it, and thus the markets have ignored this risk, and have this years crops "in the bin" as reflected by historic low prices today. I hope we have an early frost, just to prove these idiots wrong who control the AG narrative we have to put up with each day.... :hammer::hammer::hammer:

If we could some how get the investors out of our markets, or limit their impact, I fear many farmers will not survive these next few years. Investors drive prices way to low or way to high, and eliminate that precious "middle ground" were every one can make enough to pay the bills. In less than one week in June, corm prices fell by 70 cents. to a 1,000 acer corn farmer that is $70K gone from the value of his this years corn crop. In less than 4 days that happened fallowing a USDA crop report that said everything is just "fine" with this years crops.... :hammer::hammer::hammer: Planted one month late...

John Deere feels the pain, but before long they will be foreclosing on Tractor loans, and now days they are financing crop inputs, becoming a defacto "Banker" to farmers "they care so much about" so we will see if they jerk the rug out from under their customers, the American farmer, as they sell world wide to those we compete with. No, I am not a John Deere fan. As we say John Deer's are like butt holes, every body has one....

Another suggestion, JP Morgan should get the hell out of Agriculture, as they are just one of many Wall Street firms that take money for nothing from our Agricultural market place that they are slowly destroying by taking from it with computer trading at millisecond speeds in Chicago, sh1t hole of the Mid West....

It has been a very long day, can you tell?? :eatdrink:

Regards, Kirk
 
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