Farming Chit Chat

5live

Kerry to match leading milk price:cool:

Just a strong rumour yet but should be a good thing for as long as the deal lasts. But the devil is in the detail so we will have to wait and see:)

irishh_bob

with all signs leading to a double dip global rescession , i fear both dairy and beef prices might be due a correction

5live

irishh_bob wrote: »

with all signs leading to a double dip global rescession , i fear both dairy and beef prices might be due a correction

Correction up or correction down?:p

Looks like china has the ball in its court to decide what to do. They need growth to stay on track to keep the natives calm, just like here or the US

irishh_bob

5live wrote: »

Correction up or correction down?:p

Looks like china has the ball in its court to decide what to do. They need growth to stay on track to keep the natives calm, just like here or the US

what is the most important source of chinas growth ?

trade with the usa , if the usa goes into rescession , china will suffer like everyone else

milkprofit

How much extra do u get for winter milk

5live

milkprofit wrote: »

How much extra do u get for winter milk

In kerry nothing if it is me the question was for. Strictly march to october is the target

yupyupyup

whats beef makin this week lads?? ive 4 bullocks to kill. i hear about 3.60

blue5000

irishh_bob wrote: »

what is the most important source of chinas growth ?

trade with the usa , if the usa goes into rescession , china will suffer like everyone else

I think there is a roundabout going on there between China and USA, China keeps lending money to USA to buy more and more cheap products from China. When the stuff wears out it is sent back to China to be re-cycled into more cheap products. China lends more money........

I think we are getting closer to the day when the sh1t hits the fan:eek:

5live

blue5000 wrote: »

I think there is a roundabout going on there between China and USA, China keeps lending money to USA to buy more and more cheap products from China. When the stuff wears out it is sent back to China to be re-cycled into more cheap products. China lends more money........

I think we are getting closer to the day when the sh1t hits the fan:eek:

Hit the nail on the head there i'd say. There is too much debt out there and state debt isnt being paid off or just very very slowly while waiting for inflation to make it worthless and just pay 5% or so in interest for 40 years. Now cash is king and very few people or states have it.

But dont worry. The closed period for slurry spreading is only a few weeks away blue so no sh1t can be spread especially near fans;)

irishh_bob

5live wrote: »

Hit the nail on the head there i'd say. There is too much debt out there and state debt isnt being paid off or just very very slowly while waiting for inflation to make it worthless and just pay 5% or so in interest for 40 years. Now cash is king and very few people or states have it.

But dont worry. The closed period for slurry spreading is only a few weeks away blue so no sh1t can be spread especially near fans;)

cash is king :eek:

cash ( especially in america ) is being undermined all the time with relentless goverment money printing , europe will soon follow suit , unless they print a load of money , the likes of italy will go under and the euro will collapse , the only thing keeping the euro strong right now is china who dont want the dollar to be the only global currency , if i had money right now , id have it in gold

Birdnuts

irishh_bob wrote: »

cash is king :eek:

cash ( especially in america ) is being undermined all the time with relentless goverment money printing , europe will soon follow suit , unless they print a load of money , the likes of italy will go under and the euro will collapse , the only thing keeping the euro strong right now is china who dont want the dollar to be the only global currency , if i had money right now , id have it in gold

Should I throw some into Silver too Bob??

johngalway

irishh_bob wrote: »

id have it in gold

I wouldn't touch gold with a very, very long pole. It's at an extremely high price right now and could well be yet another "bubble". When all the "little people" (no offense to anyone!) are looking at gold, it's well past time to look elsewhere.

leg wax

johngalway wrote: »

I wouldn't touch gold with a very, very long pole. It's at an extremely high price right now and could well be yet another "bubble". When all the "little people" (no offense to anyone!) are looking at gold, it's well past time to look elsewhere.

i have to agree with john,over priced now and everyone buying it.a friends sister is working for a security firm which deals in house security as in locks and alarms,but the biggest seller at the moment as in %rise in sales is house safes.i wounder what are they putting in them :rolleyes:.

cjpm

johngalway wrote: »

I wouldn't touch gold with a very, very long pole. It's at an extremely high price right now and could well be yet another "bubble". When all the "little people" (no offense to anyone!) are looking at gold, it's well past time to look elsewhere.

Reminds me of the story of some american business man, who recieved some stocks and shares advice from a shoe shine boy. He promptly sold his stocks and shares, few days before the wall st crash, and bought them all again for a fraction of the price.

Moral of the story, if the little people (you and I) are at it, then it's too late!

Found it...

(FORTUNE Magazine) – JOE KENNEDY, a famous rich guy in his day, exited the stock market in timely fashion after a shoeshine boy gave him some stock tips. He figured that when the shoeshine boys have tips, the market is too popular for its own good, a theory also advanced by Bernard Baruch, another vested interest who described the scene before the big Crash:

"Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day's financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely. Her paper profits were quickly blown away in the gale of 1929."

irishh_bob

johngalway wrote: »

I wouldn't touch gold with a very, very long pole. It's at an extremely high price right now and could well be yet another "bubble". When all the "little people" (no offense to anyone!) are looking at gold, it's well past time to look elsewhere.

just cause its a bubble doesnt mean its going to burst in the short term , every possible factor that effects a rise in price is now in place , economic - political turmoil in both ameirca and europe , massive injections of liquidity (QUANTITIVE EASING ) which result in a debasement of currency , the american dollar has been falling steadily this past few years , the ECB has now began printing money in order to buy up italian debt , a drop in gold price now would defy all logic , gold will be 2000 dollars an ounce by year end and close to 1600 euro an ounce

johngalway

irishh_bob wrote: »

just cause its a bubble doesnt mean its going to burst in the short term , every possible factor that effects a rise in price is now in place , economic - political turmoil in both ameirca and europe , massive injections of liquidity (QUANTITIVE EASING ) which result in a debasement of currency , the american dollar has been falling steadily this past few years , the ECB has now began printing money in order to buy up italian debt , a drop in gold price now would defy all logic , gold will be 2000 dollars an ounce by year end and close to 1600 euro an ounce

Wish you luck Bob, I still would not go near it personally

irishh_bob

johngalway wrote: »

Wish you luck Bob, I still would not go near it personally

im in it but i got in when it was under 975 an ounce

blue5000

Best place to buy gold used to be antique auctions, Lil ol ladies would die off and the family wouldn't like what was in the jewellery box, so would sell it off in a general furniture auction. Trouble is I gave it to OH Often got gold at 1/3 the bullion value.

pakalasa

irishh_bob wrote: »

im in it but i got in when it was under 975 an ounce

If I bought at 975, I know what I'd be doing with it.
How much did you buy?

irishh_bob

pakalasa wrote: »

If I bought at 975, I know what I'd be doing with it.
How much did you buy?

its risen more in the past month than in the previous twelve, why would i sell now just as its reving up

blue5000

Bob if you sold it what would you buy instead?
http://www.davidmcwilliams.ie/2011/08/08/what-happens-if-germany-says-enough?utm_source=Website+Subscribers&utm_campaign=4ea82cc033-Weekly_Roundup_8_August_2011&utm_medium=email

whelan1

had a cow calving yesterday... the last 2 years she had a twisted womb and i had to get the vet to calve her:o He did say last year that it is very rare for it to happen twice... I brought her in and handled her and she was twisted again- so this was 3 years in a row... i let her back out to field to let her open up a bit before ringing the vet .I looked out the window a while later and she had calved herself and the calf was up and standing , a friesian heifer, saved myself around €100 by waiting a bit:)

what happen

whelan1 wrote: »

had a cow calving yesterday... the last 2 years she had a twisted womb and i had to get the vet to calve her:o He did say last year that it is very rare for it to happen twice... I brought her in and handled her and she was twisted again- so this was 3 years in a row... i let her back out to field to let her open up a bit before ringing the vet .I looked out the window a while later and she had calved herself and the calf was up and standing , a friesian heifer, saved myself around €100 by waiting a bit:)

ya when i first started farming i had a sim cow with a twisted womb and would not calve unassited.her first calf as a heifer was born dead as result of twisted womb.

pakalasa

irishh_bob wrote: »

its risen more in the past month than in the previous twelve, why would i sell now just as its reving up

$2000 - heading there;
http://www.independent.ie/business/stocks-markets/safe-haven-gold-now-hits-1800-per-oz-2845408.html

Grecco

In 1918 the price of gold ( taking into account inflation etc) was $2400 per ounce, now that was a proper Bubble. Never know the way things are going we could easily exceed that

irishh_bob

Grecco wrote: »

In 1918 the price of gold ( taking into account inflation etc) was $2400 per ounce, now that was a proper Bubble. Never know the way things are going we could easily exceed that

yes but a correction ( sell off ) is very likely in the short term , the rate of increase has taken everyones breath away

Grecco

True enough,
but what if we keep getting bad news, there seems to be a number of sources ie
The PIIGS
USA down grades
French banks
Uprisings
and whatever else they can come up with

Its one long continuous stream of dire news and nothing concrete is being done about it so Gold could keep rising. Either way I'm not invested in but its interesting to follow

Birdnuts

Grecco wrote: »

True enough,
but what if we keep getting bad news, there seems to be a number of sources ie
The PIIGS
USA down grades
French banks
Uprisings
and whatever else they can come up with

Its one long continuous stream of dire news and nothing concrete is being done about it so Gold could keep rising. Either way I'm not invested in but its interesting to follow

Those Mayan prophecies for 2012 look increasingly realistic:eek:;)

whelan1

anyone else notice a serious amount of wasps around this last few days? must have killed about 20 today alone

johngalway

I don't think I've seen a wasp yet this year