R-Calf on RFDTV

[Anonymous]

Conman: "It is can also be used with captive supplies to put a lid on the cash market."

That's a bullsh*t argument.

Having most of your needs filled in the cash market puts a lid on the balance of the cash market.

Dropping your price as your needs are met will never be considered market manipulation no matter how badly you want to believe otherwise.

"It is can also be"????????

Where did you learn English? FRANCE?

Conman: "I am not telling any feeder what they must do, the law stipulates what packers must do."

Then accept the fact that the law currently allows all of these pricing mechanisms and will continue to do so because the communist captive supply reform act will be shot down in flames.

Conman: "Oh-- I forgot, you are for voluntary laws"

No, I am for voluntary programs that make sense and against stupid laws passed by conspiracy theorist packer blamers like you that don't make sense.


~SH~

 

[Sandhusker]

SH, "That's a bullsh*t argument. Having most of your needs filled in the cash market puts a lid on the balance of the cash market. Dropping your price as your needs are met will never be considered market manipulation no matter how badly you want to believe otherwise. "

It's not about dropping your prices as your needs are met. It's about holding your prices below a certain level as not to trigger a bigger expense in the formula cattle you are contracted to buy next week. It's pretty damn simple.

 

[Anonymous]

Sandbag: "It's about holding your prices below a certain level as not to trigger a bigger expense in the formula cattle you are contracted to buy next week. It's pretty damn simple."

If Tyson doesn't bid up on the cattle, SWIFT AND EXCEL WILL! To suggest that every packer can hold off on prices because they all have enough of their needs met in the captive supply market AT THE SAME TIME is the epitomy of stupidity.

It's pretty darn simple but apparently not simple enough for you to understand.



~SH~

 

[Sandhusker]

Sandbag: "It's about holding your prices below a certain level as not to trigger a bigger expense in the formula cattle you are contracted to buy next week. It's pretty damn simple."

If Tyson doesn't bid up on the cattle, SWIFT AND EXCEL WILL! To suggest that every packer can hold off on prices because they all have enough of their needs met in the captive supply market AT THE SAME TIME is the epitomy of stupidity.

It's pretty darn simple but apparently not simple enough for you to understand.



~SH~

You think Swift and Excel don't know what Tyson's top is? How stupid do you think they are?

 

[Econ101]

Sandbag: "It's about holding your prices below a certain level as not to trigger a bigger expense in the formula cattle you are contracted to buy next week. It's pretty damn simple."

If Tyson doesn't bid up on the cattle, SWIFT AND EXCEL WILL! To suggest that every packer can hold off on prices because they all have enough of their needs met in the captive supply market AT THE SAME TIME is the epitomy of stupidity.

It's pretty darn simple but apparently not simple enough for you to understand.



~SH~

Keep arguing that the cattle markets are not concentrated and that there is no market power, SH. No one but you believes this is the case.

 

[Jason]

You think Swift and Excel don't know what Tyson's top is? How stupid do you think they are?

Swift and Excel know their top, and that is the real issue.

They don't care what Tyson does. They can deduce Tyson's top if they are being outbid at their own top price for pen after pen of cattle.

What do they do then? They have to raise their prices and lose money for a time, gain some efficiency, or slow their chains and lose money for a longer period of time.

As a banker you promote lots of questionable business practices. Worry about your competition's business before your own.

 

[Anonymous]

Sandbag: "You think Swift and Excel don't know what Tyson's top is? How stupid do you think they are?"

Of course they know what Tyson's top is. IF THEY WANT THE CATTLE, THEY HAVE TO BID MORE DON'T THEY?????

Common sense just has no place in the conspiring mind does it?

Conman: "Keep arguing that the cattle markets are not concentrated and that there is no market power, SH. No one but you believes this is the case."

YET ANOTHER DAMN LIE!

Where did I say the markets were not concentrated?

I WAS THE ONE WHO WROTE THE PERCENTAGES REMEMBER????? 32%, 23%, and 23% (roughly).

I know the markets are concentrated and it was efficiencies that led to this. More efficient packers could continue to operate on a tighter profit margin than the less efficient companies they replaced. Concentration is not unique to the packing industry. LOOK AROUND!

There is market power all right, in the form of "BUYING POWER" due to larger more efficient packing plants being able to operate on tighter profit margins than the smaller less efficient companies they replaced. Larger more efficient packing companies pay more for cattle than the less efficient packing companies they replaced.

ECONOMICS 101!

There is no better system than large efficient packing companies who are selling everything from the nose to the rectums buying fat cattle at a $5 - $15 per head margin.

There is no proof of an abuse of market power in the cattle industry.


~SH~

 

[Tommy]

SH...Excel has no connection to other meats.

Scott is there more than one Excel? If not they are in pork also, and Cargill is in everything.

Excel™ Fresh Pork is the product of homegrown values. We collaborate with family growers with an affinity for detail and a distaste for mediocrity. Our humane handling reduces stress on the animal, resulting in consistent, easy-cutting, taste-temptingly tender fresh pork products. And we believe our smarter processing makes for longer lasting, better looking and faster selling pork in the store. All this, so our pork is perfect from farm to plate.

 

[Econ101]

Sandbag: "You think Swift and Excel don't know what Tyson's top is? How stupid do you think they are?"

Of course they know what Tyson's top is. IF THEY WANT THE CATTLE, THEY HAVE TO BID MORE DON'T THEY?????

Common sense just has no place in the conspiring mind does it?

Conman: "Keep arguing that the cattle markets are not concentrated and that there is no market power, SH. No one but you believes this is the case."

YET ANOTHER DAMN LIE!

Where did I say the markets were not concentrated?

I WAS THE ONE WHO WROTE THE PERCENTAGES REMEMBER????? 32%, 23%, and 23% (roughly).

I know the markets are concentrated and it was efficiencies that led to this. More efficient packers could continue to operate on a tighter profit margin than the less efficient companies they replaced. Concentration is not unique to the packing industry. LOOK AROUND!

There is market power all right, in the form of "BUYING POWER" due to larger more efficient packing plants being able to operate on tighter profit margins than the smaller less efficient companies they replaced. Larger more efficient packing companies pay more for cattle than the less efficient packing companies they replaced.

ECONOMICS 101!

There is no better system than large efficient packing companies who are selling everything from the nose to the rectums buying fat cattle at a $5 - $15 per head margin.

There is no proof of an abuse of market power in the cattle industry.


~SH~

The 5.1% difference between the cash and captive supply equalled a little over 2 billion dollars in the time period analyzed. That is a whole lot of proof.

 

[Anonymous]

Conman: "The 5.1% difference between the cash and captive supply equalled a little over 2 billion dollars in the time period analyzed. That is a whole lot of proof."

A 5% DIFFERENCE BETWEEN THE CASH MARKET AND THE FORMULA MARKET (formula is not captive supply unless owned or otherwise controlled by packers for more than 14 days prior to slaughter) IS A BOLD FACED LIE!!!!!!!

A BOLD FACED LIE!

Is that how Taylor came up with his phony damage estimate?

If there was damages, WHICH THERE WASN'T, there is no way in hell they could be higher than ibp's profits.


NO WONDER JUDGE STROM TOSSED THIS OUT AND THE 11TH CIRCUIT UPHELD HIS DECISION.

5.1% DIFFERENCE BETWEEN CASH AND FORMULA MY ash!

TELL ANOTHER LIE!


~SH~

 

[Econ101]

Conman: "The 5.1% difference between the cash and captive supply equalled a little over 2 billion dollars in the time period analyzed. That is a whole lot of proof."

A 5% DIFFERENCE BETWEEN THE CASH MARKET AND THE FORMULA MARKET (formula is not captive supply unless owned or otherwise controlled by packers for more than 14 days prior to slaughter) IS A BOLD FACED LIE!!!!!!!

A BOLD FACED LIE!

Is that how Taylor came up with his phony damage estimate?

If there was damages, WHICH THERE WASN'T, there is no way in hell they could be higher than ibp's profits.


NO WONDER JUDGE STROM TOSSED THIS OUT AND THE 11TH CIRCUIT UPHELD HIS DECISION.

5.1% DIFFERENCE BETWEEN CASH AND FORMULA MY ash!

TELL ANOTHER LIE!


~SH~

No, I think the 5% was the percentage amount that this discrimination took the market down. I will not go into the numbers here, SH, because I know you will not understand them.

 

[Murgen]

No, I think the 5% was the percentage amount that this discrimination took the market down. I will not go into the numbers here, SH, because I know you will not understand them.

Some others might, so why not post them.

A 5% reduction on a $1000 is $50, or $.24/day on a 205 day calf, or .08/day on a 21 month finished animal.

At this point COP will have more affect on profitablility, than the manipulation of the markets that some believe in!

And maybe even marketing on a grid over (selling) blind into a spot market! What is info. on carcass quality etc. worth, when it comes to making adjustments. Whether they be genetic or management?

 

[Econ101]

No, I think the 5% was the percentage amount that this discrimination took the market down. I will not go into the numbers here, SH, because I know you will not understand them.

Some others might, so why not post them.

A 5% reduction on a $1000 is $50, or $.24/day on a 205 day calf, or .08/day on a 21 month finished animal.

At this point COP will have more affect on profitablility, than the manipulation of the markets that some believe in!

And maybe even marketing on a grid over (selling) blind into a spot market! What is info. on carcass quality etc. worth, when it comes to making adjustments. Whether they be genetic or management?

Murgen, that 5.1% ended up being over 2 billion dollars. You might not think that is too much up there in Canada, but in my book that is a lot of money.

This 2 billion dollars was taken from the cash and the formula markets, not just the cash markets.

 

[Murgen]

And this 2 billion went where?

You can audit the books and show it?

 

[Econ101]

And this 2 billion went where?

You can audit the books and show it?

It was taken from the producer surplus at the time. Now consumers are paying the price because of tight supplies. It is now coming from consumer's pockets.

 

[Murgen]

It was taken from the producer surplus at the time. Now consumers are paying the price because of tight supplies. It is now coming from consumer's pockets.

That sounds a little like supply management! Isn't that something your employers dislike! Who over-supplied? Who had the control over the supply? In the not so distance future is the US industry not in danger of over-supplying again?

Why not beat the evil packers at their own game and control the supply as a producer group and take that advantage away from them? Is that possible?

 

[Anonymous]

Conman: "No, I think the 5% was the percentage amount that this discrimination took the market down. I will not go into the numbers here, SH, because I know you will not understand them."

Bullsh*t, you won't go into the numbers because you would make an even bigger ash out of yourself.

The 5.1% figure is an absolute lie. END OF STORY!

STOP YOUR DAMN LYING!

The $2 BILLION amount is also a lie.

Anyone can do the math. Ibp slaughters X amount of head per year. Their profits were $26 per head. There is no way in heck the damages were more than the profits.

What further proof does anyone need how phony the Pickett case was and how phony Conman is to defend it?


~SH~

 

[Sandhusker]

SH, "There is no way in heck the damages were more than the profits."

I've drawn you a picture on how damages can be more than profits. You didn't like what you saw you so continue to make your statement. And truth is your only bias?

You're a dandy.

 

[Anonymous]

Sandbag: "I've drawn you a picture on how damages can be more than profits. You didn't like what you saw you so continue to make your statement."

You created an "ILLUSION" just like you always do.

The only damages in this case was packer blamers that thought they were entitled to more money for their cattle than they received. Well there is no way that they are entitled to more than money than ibp needs to break even. The packing industry is not a non profit charity. Your argument didn't hold water.

What is the damages alleged by the plaintiffs?

Mental anguish?
Permanent disability?
Or that they didn't receive enough money for their cattle?

The damages in this case could not be more than ibp's profits, PERIOD.


~SH~

 

[Sandhusker]

SH, "The damages in this case could not be more than ibp's profits, PERIOD. "

Why do you CHOOSE to live in ignorance, SH? An example again;

My business is going to lose $100. I swindle you out of $300. You go to the law and want your $300 back. I show them my books where I'm only going to make $200 and question how damages to SH could be more than my total profis.

Now what is your excuse?