Poor should have less fun, work harder.

N

NoDrama

Well-Known Member
UncleBuck said:
680 acres of corn gets you a check of closer to $10-$15k, not $200k.
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Average yield was 175 bu/acre. I sat on the corn in the silos from last year til I sold at $7.45. That made me $865,000, deduct expenses, interest, taxes blah blah blah and it comes to a fruitful $203,113 year profit. That was from the corn last year, I still haven't harvested this years corn yet, 4-6 more weeks yet. Best year ever, might top 200 bu/acre. Soy did pretty well too, no drought in my area, only 1 day where it got to 100, mostly 80's here all summer long. Just the right amount of rain for soy and corn, next year might go to wheat if its going to be dry.

I am selling all my corn to a conglomerate that sells it to the government for foreign aid projects. Basically the government(and hence the taxpayers) is buying all my product. Tax bennies too.
 
C

ChesusRice

Well-Known Member
NoDrama said:
Price of Silver, gold, Bread, Hamburger......... on and on and on, you gonna blame the increase in copper on a drought too? Perhaps Government has mandated that all metal now be manufactured with a certain content of silver and gold now?

You do know that dollar devaluation and inflation are synonymous right? Perhaps not since 2 posts ago I said the same thing and you still don't get it.
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NoDrama said:
You said prices rising were caused by demand, so in your world inflation does not exist, don't go changing your argument now, own the one you started with.
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Corn has almost quadrupled in price in nominal terms since 2000. In July of 2000 corn was making lows of around $75/ metric ton with highs for the year up around $95/ton. In August of 2011 corn was selling for over $310 a ton. Roughly from 3 to 4 times as much. Obviously , corn is volatile if it can move 30% in a few months. This can be due to weather conditions causing crop failures or other external factors.

There has been speculation that the recent dramatic increase in the price of corn is the result of ethanol becoming part of the gasoline mix.
But obviously that is only part of the equation. The real question is, "What is the price of corn in real (inflation adjusted) terms.
In the chart below, the black line represents the nominal (or actual price) per ton of corn since 1981. As you can see the nominal price stayed between $75 and $150 up until 2006. The only exception was a couple of months during 1996 when prices spiked up to $200. From 2006 onward however, prices have been climbing and haven't gone below $150 a ton. One of the reasons given for this "floor" under the price of corn is the increased demand from ethanol producers who use it to produce a gasoline additive / alternative.

 
Canna Sylvan

Canna Sylvan

Well-Known Member
daggamonster said:
O....M.....F.....G!!!!! if ever there was a candidate for summary execution its this bitch. must've been real hard work inheriting all that money. when the revolution comes she will definitely be the first one up against the wall.
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You're the bitch. People who attack the messanger and say it's not true because theirs is a different situation than yours are stupid. So if she was smoking, had cancer and said smoking is bad, then puffed away, you wouldn't believe her? All you have is animosity. I doubt if you two switched lives, you could keep that money very long. You're all jealous punks. I'm poor as fuck and I'm not bitching her out. I could care less. It's you and your whiny "progessive" and liberal buddies who care. Get a life and actually earn your own money. Stop trying to tell the government to make it fair. Make a product like that vitamin water guy, write an erotic novel plagerizing Twilight, or go find the cure for the common cold. Those would make you rich, but I doubt then you'd quit.

Look up " ad hominem tu quoque" and get lost!
 
Grandpapy

Grandpapy

Well-Known Member
NoDrama said:
Average yield was 175 bu/acre. I sat on the corn in the silos from last year til I sold at $7.45. That made me $865,000, deduct expenses, interest, taxes blah blah blah and it comes to a fruitful $203,113 year profit. That was from the corn last year, I still haven't harvested this years corn yet, 4-6 more weeks yet. Best year ever, might top 200 bu/acre. Soy did pretty well too, no drought in my area, only 1 day where it got to 100, mostly 80's here all summer long. Just the right amount of rain for soy and corn, next year might go to wheat if its going to be dry.

I am selling all my corn to a conglomerate that sells it to the government for foreign aid projects. Basically the government(and hence the taxpayers) is buying all my product. Tax bennies too.
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Congrats!
Do you have to buy your seed from the conglomerate? or get a better price if you do?
 
Canna Sylvan

Canna Sylvan

Well-Known Member
Harrekin said:
Any income is income, it should be taxed as income. Capital gains, rent income, wages, etc all should be taxed the same rate.

Education should be free in the US too, the economy thrives with a well educated workforce and those people will pay for it in taxes when they are earning graduate level salaries rather than McDonalds level wages.
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No it shouldn't be free. It's called parents who give a fuck and google.

Things need to go back to apprenticeships. These days employers are too lazy. They seem to think all they need to do is wait for a company to fail with a engineer who has 20 years experience and pay them an entry level wage. It don't work that way sonny and is why jobs are so "scarce."

Plank 10, pinko!
 
Canna Sylvan

Canna Sylvan

Well-Known Member
ChesusRice said:
so when in the history of mankind did inflation not exist over an extended period of time?

and you know nothing about the price of corn or the law of supply and demand
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That's called government intervention, genius. The government has tanks, that's hardly the free market, which supply and demand are based upon.
 
UncleBuck

UncleBuck

Well-Known Member
Canna Sylvan said:
That's called government intervention, genius. The government has tanks, that's hardly the free market, which supply and demand are based upon.
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the government shouldn't intervene in anything, except of course for making sure that what happens in the uterus, stays in the uterus.

you're so enlightened.
 
abandonconflict

abandonconflict

Well-Known Member
Canna Sylvan said:
You're the bitch. People who attack the messanger and say it's not true because theirs is a different situation than yours are stupid. So if she was smoking, had cancer and said smoking is bad, then puffed away, you wouldn't believe her? All you have is animosity. I doubt if you two switched lives, you could keep that money very long. You're all jealous punks. I'm poor as fuck and I'm not bitching her out. I could care less. It's you and your whiny "progessive" and liberal buddies who care. Get a life and actually earn your own money. Stop trying to tell the government to make it fair. Make a product like that vitamin water guy, write an erotic novel plagerizing Twilight, or go find the cure for the common cold. Those would make you rich, but I doubt then you'd quit.

Look up " ad hominem tu quoque" and get lost!
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you seem kinda mad, bro
 
Grandpapy

Grandpapy

Well-Known Member
NoDrama said:
Monsanto OWNS the corn seed market, you won't have a farm if you plant some other brand.
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Yep, corn cobs in Washington. Seems to be a conflict of interest going on.
Monsanto needs a good kick in the head, So you don't have to worry if Monsanto seed blows on your land, getting sued by them for unauthorized use of their seed, as long as you use their seed. I couldn't believe it when I first heard this. Now that is legal slavery......
 
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