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-   -   Record high food prices (https://gfy.com/showthread.php?t=833662)

ADL Colin 06-09-2008 04:36 AM

Record high food prices
 
fucking farmers making record profits.

TAX THE FARMERS!

F-U-Jimmy 06-09-2008 08:07 AM

Quote:

Originally Posted by ADL Colin (Post 14295668)
fucking farmers making record profits.

TAX THE FARMERS!

A lot of this has to do with transport costs going up and the lack of food crops due to government incentives to grow ethanol crops

Mutt 06-09-2008 08:10 AM

i'd rather be gouged by farmers than oil companies and fucking Arabs - farmers work, Arabs do nothing but cause shit and get away with it because of dumb luck sitting on top of oil.

i can choose to grow some of my own food or shop around for it from small farmers markets.

thunder99 06-09-2008 08:20 AM

Quote:

Originally Posted by ADL Colin (Post 14295668)
fucking farmers making record profits.

TAX THE FARMERS!

Farmers incomes have actually been falling in the last couple of years. Maybe the middle man is making more, but the farmer certainly isn't

geedub 06-09-2008 08:41 AM

Quote:

Originally Posted by ADL Colin (Post 14295668)
fucking farmers making record profits.

TAX THE FARMERS!

you are a dick.

ADL Colin 06-09-2008 08:42 AM

Quote:

Originally Posted by thunder99 (Post 14296060)
Farmers incomes have actually been falling in the last couple of years. Maybe the middle man is making more, but the farmer certainly isn't

What's your source? I'd like to see the opposite side of the story.

"American farmers are enjoying record incomes"
http://www.nytimes.com/2008/04/24/wa...24farm.html?hp

Also, the USDA gives this:
http://www.ers.usda.gov/Features/FarmIncome/
"In 2008, average farm household income is projected to be $89,434, up 6.3 percent from 2007 and 19.2 percent above the 5-year average of 2002-06. Average off-farm income of $75,805 in 2008, up 4.6 percent from 2007, accounts for nearly 85 percent of the average farm operator household's income."

TyroneGoldberg 06-09-2008 08:46 AM

I'm sure all their equipment runs on diesel and last time I checked diesel was around 5 bucks a gallon. when do you believe what's written in the newspaper. if they're making some profit more power to them. they sure deserve it

sniperwolf 06-09-2008 08:47 AM

Quote:

Originally Posted by F-U-Jimmy (Post 14296020)
A lot of this has to do with transport costs going up and the lack of food crops due to government incentives to grow ethanol crops

I have to agree! :thumbsup

Quote:

Originally Posted by thunder99 (Post 14296060)
Farmers incomes have actually been falling in the last couple of years. Maybe the middle man is making more, but the farmer certainly isn't

That's fact! :2 cents:

ADL Colin 06-09-2008 08:47 AM

Quote:

Originally Posted by geedub (Post 14296118)
you are a dick.

A. You think I'm a dick because you didn't get my joke and think that oil companies should be taxed for "windfall profits"?

B. You think I'm a dick because you did get my joke but you are "anti-farming community"?

C. This is your part-time job. You own a farm in Nebraska and are frightened that your ethanol subsidies might disappear

D. You are just fucking with me

E. None of the above

ADL Colin 06-09-2008 08:49 AM

Quote:

Originally Posted by TyroneGoldberg (Post 14296131)
I'm sure all their equipment runs on diesel and last time I checked diesel was around 5 bucks a gallon. when do you believe what's written in the newspaper. if they're making some profit more power to them. they sure deserve it

Yeah, but ...

http://futures.tradingcharts.com/chart/CN/M
http://futures.tradingcharts.com/chart/CW/M
http://futures.tradingcharts.com/chart/SB/M

ADL Colin 06-09-2008 08:52 AM

"The nation's farmers, who raise everything from cows to cucumbers, saw their average household income climb about 7 percent last year to more than $83,000. But in grain-rich states, the results were dramatically higher. In Minnesota alone, the median income for crop farmers soared 80 percent to $95,000."

http://news.yahoo.com/s/ap/20080527/...lation_winners

Hell, these days corn is energy for autos too.

nosey 06-09-2008 08:56 AM

very expensive indeed

Sosa 06-09-2008 09:37 AM

farmers work hard as fuck. They deserve it

Mutt 06-09-2008 09:40 AM

how many family type farms are there left anyway? most i bet are owned by big corporations.

ADL Colin 06-09-2008 09:58 AM

Just across the wire (July 9) ... SAN FRANCISCO (MarketWatch) -- Corn futures rose on Monday to a record high for a third consecutive session

Man, popcorn is going to be more than $4.00/gallon soon!

ADL Colin 06-09-2008 09:59 AM

Quote:

Originally Posted by Mutt (Post 14296323)
how many family type farms are there left anyway? most i bet are owned by big corporations.

Still mostly family. I looked it up earlier today wondering the same thing

http://www.ers.usda.gov/publications/EIB12/EIB12c.pdf?

Mr Pheer 06-09-2008 10:38 AM

Quote:

Originally Posted by ADL Colin (Post 14296122)
What's your source? I'd like to see the opposite side of the story.

"American farmers are enjoying record incomes"
http://www.nytimes.com/2008/04/24/wa...24farm.html?hp

Also, the USDA gives this:
http://www.ers.usda.gov/Features/FarmIncome/
"In 2008, average farm household income is projected to be $89,434, up 6.3 percent from 2007 and 19.2 percent above the 5-year average of 2002-06. Average off-farm income of $75,805 in 2008, up 4.6 percent from 2007, accounts for nearly 85 percent of the average farm operator household's income."

thats great because we all know it doesnt cost a single dime to run a farm

ADL Colin 06-09-2008 10:40 AM

Quote:

Originally Posted by Mr Pheer (Post 14296506)
thats great because we all know it doesnt cost a single dime to run a farm

Net cash income is up about 10%

Just like the oil companies. Even though they have higher expenses many agricultural products are selling at 3 to 4 times what they were just a few years ago. An increase that has way more than overcompensated for the higher cost of doing business.

thunder99 06-09-2008 12:07 PM

Quote:

Originally Posted by ADL Colin (Post 14296122)
What's your source? I'd like to see the opposite side of the story.

"American farmers are enjoying record incomes"
http://www.nytimes.com/2008/04/24/wa...24farm.html?hp

Also, the USDA gives this:
http://www.ers.usda.gov/Features/FarmIncome/
"In 2008, average farm household income is projected to be $89,434, up 6.3 percent from 2007 and 19.2 percent above the 5-year average of 2002-06. Average off-farm income of $75,805 in 2008, up 4.6 percent from 2007, accounts for nearly 85 percent of the average farm operator household's income."

I don't know for sure what the situation in the US is like, but I do know that a European farmer was getting more for a litre of milk 10 years than he is today. The fact the 85% of income for US farmers, comes from off-farm activities would suggest that US farmers have also had to look for alternatives to make a living.

Accusing them of profiteering from the global rise in food prices is a bit unfair. By far the largest cut of the milk that you drink and the fruit and veg that you eat goes to the supermarkets.

Another important point is, farming can be hit and miss. I've seen farmers have a bumper year one year only to see every bit of that profit wiped out the following year. Most industries can plan their projected incomes for a couple of years in advance, but farmers dont have that luxury, bad weather, disease, sickness can totally knock them out for a couple of years.

thunder99 06-09-2008 12:13 PM

Quote:

Originally Posted by ADL Colin (Post 14296514)
Net cash income is up about 10%

Just like the oil companies. Even though they have higher expenses many agricultural products are selling at 3 to 4 times what they were just a few years ago. An increase that has way more than overcompensated for the higher cost of doing business.

And farmers aren't selling 3 to 4 times what they were selling before, that's part of the problem. The food volumes on the world market haven't increased that much, but as countries like India and China become wealthier they are buying more food, so there's less to go around.

But an acre of land can still only produce the same amount of crops that it produced 10 years ago.

tranza 06-09-2008 12:14 PM

Quote:

Originally Posted by sniperwolf (Post 14296132)
I have to agree! :thumbsup



That's fact! :2 cents:

Yeah I agree!

ADL Colin 06-09-2008 12:15 PM

Quote:

Originally Posted by thunder99 (Post 14296895)
I don't know for sure what the situation in the US is like, but I do know that a European farmer was getting more for a litre of milk 10 years than he is today.

The US government sets a minimum price that must be paid to farmers for milk. Weird, huh?

TheSenator 06-09-2008 12:44 PM

I thought the farms are corporate owned nowadays.

ADL Colin 06-09-2008 01:15 PM

It's pretty obvious that the Bilderberg meeting is about fixing world food prices. No doubt the friends of those in high places are making immense profits from higher corn, wheat and
rice. Speaking of Rice, blame Bush! As soon as Bush is outta office your grocery bill will come crashing down.

thunder99 06-09-2008 01:34 PM

Quote:

Originally Posted by ADL Colin (Post 14296919)
The US government sets a minimum price that must be paid to farmers for milk. Weird, huh?


Didnt know that, any idea how much it is?

DateDoc 06-09-2008 01:44 PM

Quote:

Originally Posted by ADL Colin (Post 14296376)
Just across the wire (July 9) ... SAN FRANCISCO (MarketWatch) -- Corn futures rose on Monday to a record high for a third consecutive session

Man, popcorn is going to be more than $4.00/gallon soon!

:1orglaugh

ADL Colin 06-09-2008 01:47 PM

Quote:

Originally Posted by thunder99 (Post 14297187)
Didnt know that, any idea how much it is?

I don't have a clue. I think it is a depression era law that is still on the books and still in use.

undersoul 06-09-2008 02:19 PM

dude everything has gone through the roof. just the way it is these days. people have to adjust.

payd2purv 06-09-2008 02:28 PM

Quote:

Originally Posted by ADL Colin (Post 14295668)
fucking farmers making record profits.

TAX THE FARMERS!

:1orglaugh You are joking right?

notoldschool 06-09-2008 02:34 PM

I dont really care how much profit a farmer makes but I have noticed that groceries are almost double what they cost not too long ago.

ADL Colin 06-09-2008 03:26 PM

Quote:

Originally Posted by payd2purv (Post 14297429)
:1orglaugh You are joking right?

...... yes.


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