Information is knowledge, who should have it?

[Mij]

OK, I’m ****** off. I still Gotta move about a hundred bales, watching the weather. SO…. the weather guesser comes on and says we are going to have a bumper crop of corn this year. HE’s a weather guesser! What business is it of his about crop reports?

My point. The financial markets are bid on futures “speculation”….. I get/receive “mandatory” USDA forms to fill out, with specific numbers on every sq. ft. of ground/animals on my place. These numbers are used by corporations/companies to bid on the prices of my crops and or beef. They use these numbers to control our prices at a supposedly open market. How is it open if the money guys already know the surpluses or negative pounds/bushels of any given market? If they know a lot of beef is gonna hit the market, they can drive the price down, if they know a small crop of corn is coming in they can they can move the price where they want it, when they want it. Because they have the information two crop seasons in advance. ADM is making money, **** the rest of you guys. We‘ll buy all the ground, then you see how much a loaf of bread will cost.


Man, I sure wish those farmers would have paid there tax bills.

There ain’t enough *’s to finish this rant.

That’s it, going to bed.

 

[flightsimmer]

I hear you but I can't help you.

 

[Expat]

They have to keep forecasted yields going up to justify allowing all of our farm land to be converted over to solar farms.

 

[Shadow01]

OK, I’m ****** off. I still Gotta move about a hundred bales, watching the weather. SO…. the weather guesser comes on and says we are going to have a bumper crop of corn this year. HE’s a weather guesser! What business is it of his about crop reports?

My point. The financial markets are bid on futures “speculation”….. I get/receive “mandatory” USDA forms to fill out, with specific numbers on every sq. ft. of ground/animals on my place. These numbers are used by corporations/companies to bid on the prices of my crops and or beef. They use these numbers to control our prices at a supposedly open market. How is it open if the money guys already know the surpluses or negative pounds/bushels of any given market? If they know a lot of beef is gonna hit the market, they can drive the price down, if they know a small crop of corn is coming in they can they can move the price where they want it, when they want it. Because they have the information two crop seasons in advance. ADM is making money, **** the rest of you guys. We‘ll buy all the ground, then you see how much a loaf of bread will cost.


Man, I sure wish those farmers would have paid there tax bills.

There ain’t enough *’s to finish this rant.

That’s it, going to bed.

I’ve said for decades that you could have 5 economists colluding together and state on tv that a market collapse is eminent and during the strongest market numbers it would collapse.

 

[Magyars]

Mij, looks like more government intrusion.....and we all know that can't be good

 

[INP8riot]

This along with any other gov't situation is just like the werewolf game. I won't post all the rules of the game to keep this short. But the premise of the game is, an informed minority will almost always beat an uninformed majority.

It is speculation to us, but there are a group of people who know exactly how it is going to go.

 

[phylodog]

The Constitution clearly states this as a responsibility of the federal government. We must not have enough government involvement yet, they'll fix it just as soon as they can.