tag:blogger.com,1999:blog-27951078.post4256995273200954081..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-27951078.post-41617677610934855182008-04-03T20:04:00.000-06:002008-04-03T20:04:00.000-06:00Anon, VA: I have over-posted methinks on the illo...Anon, VA: I have over-posted methinks on the illogic of the food price - commodity price linkage and un-linkage (whenever convenient).<BR/><BR/>This argument is flowing out of the country and into homes everywhere as grocery prices accelerate. This voice will be just one small protest.<BR/><BR/>Just think, without subsidies, we wouldn't have to care what people think about our prices, just what they buy. Kinda like, oh - seed corn.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-52995985307357461802008-04-03T10:39:00.000-06:002008-04-03T10:39:00.000-06:00Also interesting was the line "we finally are brea...Also interesting was the line "we finally are breaking free of the shackles of Government Farm Programs". Remarkable statement from a commodity group president, but then again, it is Illinois...must be something in the water there that preserves the historic spirit of independence that farmers used to be known for.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-65509919999357531992008-04-03T10:27:00.000-06:002008-04-03T10:27:00.000-06:00After reading this post I came across an article o...After reading this post I came across an article on Successful Farming's website where Goldman Sachs is lifting its three month price target and recomending a long position to investors. I wonder at the implications all this is going to have in the next thirty days as planters roll.<BR/><BR/>On a separate note, the Ag PR machine is using old oil and I fear the gear grinding is going to start soon. I have been to meetings recently where the statements to the audience (farmers) is just bad practice. Saying there is no price link between commodities and food is ridiculous. Personally I feel there is a contributuion to the food inflation by appreciated commodity prices; however, the numbers game can be made to play however you want. Everyone does it, I do it too, where you can make one number say thirty different things but I think in the short term if we continue to say that the percent of the personal food expenditure is low and then use real cash values for the woe is me on inputs the long term effects are just plain bad.<BR/>For instance, one can argue all they want that the value of a food item received by the farmer is only 19%, but when the cost of that item increases the amount received by the farmer does as well.<BR/><BR/>Like I said, we all do that, and I do too- its a game we husbands play with the Wife all of the time "of course that plasma TV is down in price 13% (Still expensive)"<BR/><BR/>Sorry to post such a long statement but as an agribusiness person not actively farming I feel like I see too many perspectives to follow the old policies of Ag PR and still be the American farmer feeding the world.Anonymousnoreply@blogger.com