Tim

how long have republicans had to put together a plan? naw, keep the government closed so blue states can have their own constitutional convention.

this and are there not penalties for not having health insurance? and those are levied when filing one's tax forms?

YouTube video by Large Man Abroad 5 Reasons Why Soybean Farms Are Collapsing, And Why No One Is Surprised.

www.youtube.com/watch?v=6w_w...

Merry Christmas, dumbshits!

just waiting for the head vein to work its magic...

the Illinois Nazis are sooo disappointed.

Illinois National Guard should seize Texas oil wells and declare the land part of Illinois.

Carson's bucket of rib tips?

ya know, maybe that's the way to go. stop them in their tracks with way, way too much food and beer.

the southern accent will give them away when they attempt to say 'da bears'.

blue state constitutional convention?

administratively dissolve the corporate filings of red state companies operating in blue states?
place tariffs on red state sourced goods and services coming into blue states?
cutoff blue state port access to red states?

so, can blue states seize the assets of red state based companies operating within their borders?

zombie racists

it's only cool when Carrie Brownstein does this.

heck, even if one republicn promised same....

i'd settle for just simple spot price comparisons.

and thus the true losses/costs are always hidden. and free markets cannot be efficient with hidden losses and costs. the US needs to wake up to its socialist tendencies.

so tired of 'socialism for me, but not for thee'

ag loans should be non-dischargeable in bankruptcy. like student loans.

shit, i'm here and thinking about how i can totally avoid US ag. fortunately, have a few grocers from overseas starting up around where i live.

thatll be great. ill follow you and turn on my dm capability here.

don't you mean the total notional amount of contracts written is far greater than the actual total dollar value of the underlying? its fucking 2025 not 1825. if amazon can have terminals all over the country, its time big ag does the same for delivery. again, how do forwards work then?

soybean chart below. even with excess supply due to lost markets, the price of beans fell to Sept 2020 levels from all time highs. THE PRICE DID NOT FALL TO ZERO. i'm just saying, use the free market and stop the bailouts. bank or farmer - no difference.

www.macrotrends.net/datasets/253...

the crops go somewhere. what is the typical spread between the average farmers delivery, where ever that may be, and the terminal contract value? for futures. and then for forwards.

more on the topic, including the use of forward contracts.

www.mdpi.com/2813-2432/4/...

yeah, so the farmer receives a cash settlement of the contract or option, right? thats the point of either buying/selling them, depending on ones view of the price of the underlying.

See Iowa State for an explanation. They've a section on the futures too. and are you telling me, the big Ag companies like ADM don't take delivery, like ever?

www.extension.iastate.edu/agdm/crops/h...

YouTube video by New Money The Next "Big Short" Moment (Steve Eisman Interview)

oh, boy. here comes the next bank bailout? and interesting backstories related to the 'Big Short' movie.

www.youtube.com/watch?v=XO6A...

Iowa State University offers further info on the topic. If we are a capitalist country, we should probably use capitalist tools. otherwise, lets just agree we've been faking capitalism forever. and finally acknowledge we are significantly socialist.

www.extension.iastate.edu/agdm/crops/h...

options, both put and call options, can be purchased and sold (written). the farmer would buy or sell an option, depending on where they thought prices for the underlying would go. both types of options maintain a market value and change as the market value of the underlying crop changes.

no it is not. as a farmer, you use the contract to lock in price for delivery. i think the actual problem is farmers can't produce below the futures. and probably not even at spot.

farmers can figure out how much their crops will be worth. its still a gamble, but they have a rough idea what the future market will offer and buy/sell contracts as they see fit and figure out what to plant. if the future price for delivery is around $4, but your cost is $6, grow none or less.