As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

For the dairy folks and/or beef folks with questions about udders, milk and mastitis.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby HDRider » Thu Apr 12, 2018 3:25 pm

I have to ask both of you if you have traded commodities? If you have not, go do it, and get back to us.

If you have then I'd like to know how you would take possession? Someone, somewhere down the line takes possession. Sometimes they wish they did not have to, but they do.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Logar » Thu Apr 12, 2018 4:22 pm

Silver wrote:
Logar wrote:
Aaron wrote:

You labeled Canada as a socialist, lefty country and I take exception to that


Prove me wrong.

You cannot.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Silver » Thu Apr 12, 2018 5:24 pm

Logar wrote:
Silver wrote:
Logar wrote:


Prove me wrong.

You cannot.


You started it, prove to me that your country is less lefty, socialist than Canada. You cannot.
Last edited by Silver on Thu Apr 12, 2018 5:36 pm, edited 1 time in total.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Silver » Thu Apr 12, 2018 5:32 pm

HDRider wrote:I have to ask both of you if you have traded commodities? If you have not, go do it, and get back to us.

If you have then I'd like to know how you would take possession? Someone, somewhere down the line takes possession. Sometimes they wish they did not have to, but they do.


I think the point is that the vast majority of the people who buy and sell contracts never take possession, only the last guy holding the ball. I know the intent of the commodities markets is to give the person who plans on taking delivery of the product a known expense going forward for his / her business plan.
But if that same contract is bought and sold hundreds of times by speculators before the product is delivered is there not room for wild market fluctuations as the herd mentality of traders takes on a life of it's own? I read somewhere how many times the average contract gets traded now compared to 50 or so years ago and there's quite a significant difference between then and now.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Aaron » Thu Apr 12, 2018 6:36 pm

Silver wrote:
Logar wrote:
Silver wrote:


Prove me wrong.

You cannot.


You started it, prove to me that your country is less lefty, socialist than Canada. You cannot.


I figured you had no idea who Logar is, thank you for confirming that - it makes this thread that much more fun to read.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Aaron » Thu Apr 12, 2018 6:49 pm

HDRider wrote:I have to ask both of you if you have traded commodities? If you have not, go do it, and get back to us.

If you have then I'd like to know how you would take possession? Someone, somewhere down the line takes possession. Sometimes they wish they did not have to, but they do.


No I have not, and I have no interest in it. That being said, I have no problem with speculators. Everybody wants guarantees on everything - want the State to regulate this and that. There are no guarantees in life.
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Nothin' prettier than a red Ford truck, a Massey Ferguson tractor and a red-n-white Hereford sittin' on the farm.

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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Logar » Thu Apr 12, 2018 8:29 pm

Aaron wrote:
Silver wrote:
Logar wrote:
Prove me wrong.

You cannot.


You started it, prove to me that your country is less lefty, socialist than Canada. You cannot.


I figured you had no idea who Logar is, thank you for confirming that - it makes this thread that much more fun to read.


Aaron,

LOL - be safe and be happy.

Out of this one.

Cheers
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby TexasBred » Mon Apr 16, 2018 1:40 pm

Silver wrote:
HDRider wrote:I have to ask both of you if you have traded commodities? If you have not, go do it, and get back to us.

If you have then I'd like to know how you would take possession? Someone, somewhere down the line takes possession. Sometimes they wish they did not have to, but they do.


I think the point is that the vast majority of the people who buy and sell contracts never take possession, only the last guy holding the ball. I know the intent of the commodities markets is to give the person who plans on taking delivery of the product a known expense going forward for his / her business plan.
But if that same contract is bought and sold hundreds of times by speculators before the product is delivered is there not room for wild market fluctuations as the herd mentality of traders takes on a life of it's own? I read somewhere how many times the average contract gets traded now compared to 50 or so years ago and there's quite a significant difference between then and now.

A contract sold to you for instance cannot be sold again without your consent. If you plan to use it you just sit on it until you need it then take delivery at the purchase price. In the meantime other contracts may have been issued that were wildly higher than yours or perhaps wildly lower. If it goes up considerable and you'd rather sell and take your profit you can do so and forget about taking delivery but yes at some point in time someone takes delivery.

:BTW Logar ain't shyt. Can't decide if he's a Canadian, American, or on the payroll of the United Nations. One day he's a fighter pilot, the next he's leading a special forces group because they can't find americans to do it. Right now he's over on Ranchers telling them about getting all shot up in Afghanistan "again" and they're eating it up too. He's a hoot anyway if you like BS.
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Re: As Vermont's Milk Industry Continues To Free-Fall, Canadian Dairies Are Thriving

Postby Silver » Mon Apr 16, 2018 2:09 pm

TexasBred wrote:A contract sold to you for instance cannot be sold again without your consent. If you plan to use it you just sit on it until you need it then take delivery at the purchase price.


Ya, I worded that wrong, basically I meant that all the folks jumping in and out of, say, Oct Feeders can wildly fluctuate the value of the contract I may hold based on nothing but pack mentality one way or the other. It's just the way things are in today's technology age and I suppose it's the best system available. I just like to grumble.
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