UMMmmmm,,,,because of peelousee,,,?   I'm outa here,,,,,,

  We was $3.33 over weekend and today it's $3.79 in Ashland Ohio

just checked...

diesel here is $1.86 per litre so x4 = $7.40ish US$ per USG

yup, gotta pay WORLD prices for the stuff under OUR feet..

gas 'only' $1.69 but expect that to be $1.99 next Wednesday ( $8US/USG )

 

Am curious.......is the crude that was to be carried by Keystone Pipeline still being transported by train.......and is being refined? Or is it shut down completely?

Thinking demand would be the same today as it was on Nov 3rd, 2020, when gas at the pump here was $1.75 a gallon. For gas price to be where it is today (what was $1.75 is now $3.40 last time I checked), supply had to dry up. Where did it all go?

Makes one wonder, who in this country is invested in foreign oil

re: Shouldn't the price wait to change until the next load of fuel comes in?

hahahahaha ROTFFLOL hahahahaha

the price we pay today is the price 'they' think it'll cost them in the future,plus their obscene markups of course...

Least I 'think' that's how it was explained to me, at a bar, long,long time ago...

  I remember when the gas station owner paid for the gas when delivered not when sold. That's really throwing the screws to the station owner now a days.

Not saying anything about this  is good but what  does a farmer do. Been there done that, you buy fuel to put seed in the ground. Thankfully no need to burn much fuel as hay crop is on the doorstep of a crop failure without rain real soon. The cows don't burn gas (just manufacture it like Shameless ) and other than hauling them to auction. I just got in under the wire with a bit of gas and diesel in the tanks to do that.

In a  shortage of oil products 30 years ago all the farm fuel suppliers in this area went from 30 days to pay to 10. As the amount of dollars had doubled without any increase in profit for a distributor. Thankfully I have no idea of what farm operating loan is costing today , my guess is no more than 20 years ago. Not like the 80's when it got to the high teens.  Good luck to those of you planning on planting a crop this year.

Yep, we can live year after year on negative returns because it's in our blood.  

re: Ah yes, another post suggesting farmers aren't businessmen. 

no... it's businessmen that aren't farmers !!!

A farmer has a love of the soil,will work the farm,trying everything imaginable to keep it viable, until he dies, all a businessman loves is dollars and cents..will move on from nonprofitable jobs.

2+2=4=3+1.  Arrange it however you want the meaning doesn't change.

See.....you were doing OK, but you still had to get that last sentence in there.  

It's very true, we do it because we love it.  We do dangerous stuff, in terrible conditions, for very long hours, for sometimes lousy pay, yes, because we love it and it is a calling.

But, you have to BE, or LEARN TO, or CONSULT WITH a businessman, or you will be another has been farmer crying in his coffee in town every morning how he just couldn't keep it going.  You CAN'T do it JUST because you love it, you HAVE TO make it pay, or you will be relegated to an old tractor in a parade.  Not that that's all bad, it's not, but you must treat your farm as a business.  As a group, we hang on longer and try harder through tough times longer than most, granted.  BUT, unless you're playing with unlimited family money, the bank will come calling for their money, and if all you're doing is losing it, you're done.  

Yeah, you had to get bigger to keep going, and there's a lot of hard feelings on that.  I've lived and am living it.  It's where capitalism meets farming, it ain't always pleasant.  

Exactly.

I think the one saving grace this year will be the higher commodity prices.  Of course with all the input prices up, the profit margin will probably be the same if not smaller.  Those of us who direct market should be better off as most of what I grow goes directly to the consumer, either fruit, or grain, which I grind and sell as flour.  My biggest crop, hay, almost goes direct to the consumer, just got to figure out how to get the horse and other livestock growers to give me their CC number...

It's going to be a trying year for us but still a whole lot better then those poor folk in Ukraine.

question for K99..

Which did you get first the farm or the degree ?

In 5 decades of dealing  with successful business owners, NONE said they'd get into farming(I've always asked). Covers the whole gambit from retail sales, manufacturing,distribution,etc. These are smart guys, do all the 'risk analysis' and ledgers and math and stuff, lots have 3 letters behind their names ,some many 'groupings'. When asked, NONE said they'd get into farming as a business.

Meanwhile, ALL the farmers I've known ARE 'businessmen' They KNOW the math but are faced with far more challenges that the others don't have. Long hours, sick animals, rain (or no rain),obscene fuel costs,broken machines on Sunday, .. yet at the end of the season you hope to at least break even,maybe make a small profit, then plan to do it all over again next year

But,But, But, the diesels get SOOOO much better MPG than a gas engine  ???

Well, I don't know what how you would call it but I grew up on a farm.  When I left home for college I had 5 cows and a Chevy pickup.  My dad was tired of feeding my cows so somehow I managed to rent 300 acres of grass and buy 25 more cows while I was in college, I did get a couple years of school paid for on a football scholarship so that helped.  Last two years I worked in a repair shop for a farmer who became sick and one year after I got out of school he died.  His wife and sister in law rented me their ground (3 quarters plus 2 that was family a lot of irrigation)  I bought equipment and the following year rented another 13 quarters, spent a lot of nights sleeping over a steering wheel and about 6 years later got rid of that damn old Chevy pickup that had 490,000 miles on 400 pontiac engine, she was getting a little rough, but still would break the motor mounts.  The first two years I raised corn my dad did pick it for me as I didn't have a cornhead yet, and he once gave me 50 bales, other than that every piece of land, equipment, livestock or anything I have I paid for with the business.  It's a great feeling when you can do what you want and everyone else can kiss your azz.  I won't never complain I've made a comfortable living and pretty much have bought whatever I wanted, after several years of building, within reason.  Sure I bich just like any farmer but there is almost always money to be made, if your diversified.  For me that means corn, milo, soybeans, wheat, cow calf, feeder cattle.  Does that mean you can't go broke, of course not, but it's the same for any business.  Now if you want to buy all new equipment and every piece of land you farm, you're going to go broke, but a business man would know not to do that. 

Another thing, a lot of business men will buy farmland for investments and rent it on shares.  I farm for a man that grew up here and believe it or not has a CPA and is a attorney, and one of his clients is AGCO, and he still buys land however I farm his families ground and he buys land in eastern KS because he said he owned enough land in the dry hellhole where I farm.  He's a great guy and one of the smartest people you'll ever talk too.  My accountant also owns his farm, equipment land and all, but in his case he has God on his side, he's a ND grad and his papa was the Grand Pooba of the KofC.  I get my moneys worth when I see him out of all those Tootsie Rolls I eat.

As far as my degree, it came in the mail, don't know where I put it, and I still have nightmares about the business law professor.  That's my story and I'm sticking to it.

thanks for your story !

 you're a farmer first ! You got your real education there. I still want to know where you put the 5 cows while in the college, did they graze in the courtyards on campus ??

A businessman  buying a farmland as investment(on paper) isn't what I was thinking, he never gets his hands dirty,can get up late, not worry about power going off with 300 head more than ready to be milked. I was trying to say a 'suit' trading in his day job for actual  farm life( think Green Acres ...)

I don't know why anyone would trade his leave his business for farm life that he knows nothing about but that can be any profession, unless he wanted to do reality tv. 

Hell I can get up late and not worry about power going off for 300 head, although if I did I bet my banker would get worried.

Oh, and buy the way Oliver couldn't even make enough to put a roof on his house so he wasn't much of a business man.

Boy, just breaking even........

  I was going to add a comment but just decided not to.

So here is a new twist  being reported in some news outlets.

According to some industry insiders, when Wipe Me took over, there was an immediate change in banking rules. Fed Reserve and DOJ immediately put a squeeze on lenders to completely shut down the oil and gas industry. Can't get credit or financing for new wells, fracking or any such thing. They go after banks that violate that order.  While on the road yesterday, heard a replay of Wipe Me during campaign prior to election. In his own words, he is doing exactly what he said he would do. Shut down the US Energy sector.

Explains why prices have been climbing steady since Nov 3rd, 2020. Gas here that day was $1.75. It stands at $3.99 as of today.

  What don't make sense is we only get 4% of our oil from Russia. How can 4% make the prices go up as much as it is?

Speaking of Russia and fuel prices, here you go, let's see how they're faring.

Go in settings and set play speed to 1.5X, he's just learning English by watching old American movies and speaks slow.

http://www.youtube.com/watch?v=c77JgJcrO9s" rel="nofollow - http://www.youtube.com/watch?v=c77JgJcrO9s

Listen to the part about speed radars, the police cars don't have them anymore they're just overhead along the streets but it's painted on the highway so you know to slow down. 

That's why there's videos like these.

http://www.youtube.com/watch?v=uy5OEoyEiAI" rel="nofollow - http://www.youtube.com/watch?v=uy5OEoyEiAI

re: #3...

Holy cow ! That was a real moooving experience !! Udderly rediculous

  It looked like they all got up and walked away

Jay, did you see the first one and what they were paying over there per liter?

Ok I hate to get way off topic here and pizz Freed off, but I can't help it one more from Russia while we're on the topic.

I think they lost their extended warranty.

http://www.youtube.com/watch?v=qb_7DNs6XvA" rel="nofollow - http://www.youtube.com/watch?v=qb_7DNs6XvA

Now that's what I call ground beef!

I like that one a lada, too...

Thad in AR. wrote: Ain’t much need for kerosene these days in North West Arkansas but it’s higher than Hunter Biden on a Saturday night.

Damn that's pretty high.

Agreed, and cities like L.A. in CA need to start using that new dehydrated water

Vids on YT how these Function, under Hard Throttle Demand (IE At EXCESSIVE Highway Speeds) these rely on the Small GAS ENGINE DIRECTLY and the Electric takes a Rest.  Know of at least ONE idiot whining at a Gas Station as I got off for gas same spot as to his Hybrid eating him out of his wallet, Looked at him straight on and explained, "at 80+mph do not expect ANY machine to give you any economy" then looked at cashier and grinned, explained the Dope passed me and I was doing 80.

shameless dude wrote: was at the counter this morning waiting to pay for the old ladys.....oooops....i mean the loving wifes cinimon roll and a lady was ahead of me complaining about the price of gas at that station telling the clerk it was hard paying for it to go to work...i piped up and told her i didn't feel sorry for her since she was sipping on an $8.00 cup of coffee from the local Scooters! she huffed out the door and everyone in there and myself had a good laugh!

 Always tryin to start a ruckus,,,ain't you,,,??

some things are different ,here north of the 49th !!

you put cc into gas pump

choose amount of $$ you want to spend(10,20 50,100, fill,etc)

CC gets 'approved'

choose gas type

pump shuts off at $$ you selected

side note... a LOT of gas and dash robberies now ! You can pump and NOT pay.

seems stupid to me to allow this, heard that stations usually deduct from employees pay

Yeah, I see people do it.......I just happen to think that's a dumb waste of time

I think only guys with 8 foot beds and leaking blue ovals put in that much gas. And top off the oval fluid.

It's a 3/4 ton 4wd gas eating beast though!

Personally, i am retired and i probably dont drive HALF that much in a week...  I might keep $50-60. in the tank......... put some in every 3 weeks.