UKC Forums - Money money money

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Posted by cooney64659 on 03-05-2008 02:25 PM:

Money money money

I do not know if anybody else always to seem to be stretched thin but it sure seems to be that way for me.

Every thing is increasing in price but the rate of pay.

I recieved a raise of a whopping 3% this year.

Milk has incresed around 30%
Eggs has increased around 26%
Gas well it seems neverending

Grain prices are up and that is good for farmers. But it will increase groceries to compensate the raise in grain prices.

Everything is rising in price, but is 3% really a fair number for a cost of living increase?

I was just wanting to hear other opinions.

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Posted by SCBluetickGirl on 03-05-2008 02:29 PM:

I feel you! We have horses and hay is next to impossible to find... then when you do find it, you can barely afford it. Our feed has gone up $4.00 PER BAG in the last week! Needless to say, we're switching feed. It's killing me!

Shawn - Y'all going to Walker Days in April?

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Posted by kmuncc on 03-05-2008 03:33 PM:

I got horses too, I always complained about how expensive they were to feed but the way dog food is going up soon I will be paying as much to feed them as the horses

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Posted by countryfeller on 03-05-2008 04:54 PM:

Well if it makes you feel any better. Heres some prices from haiti.

gas - $7.00 a gallon
one regular skillsaw - $300
A regular worker makes $8 - $10 a day
An electrician makes about $12 a day.
Yes, I said, a DAY.
Your average person in haiti lives in a tin shantee. Basically, thats two sticks in the ground with a peices of tin leaning against them. If your rich you have a real house with a foundation and everything. Oh, and the most popular religion is voodooism. They believe in canabalism. They do it reguarly. I know all this because my preacher goes down there and preaches and helps them build schools and churches once a year.

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Posted by GA DAWG on 03-05-2008 07:44 PM:

Dont make me feel any better countryfeller!!!!!! Somethings gonna have to give before long.

Posted by josh on 03-05-2008 08:07 PM:

Re: Money money money

quote:
Originally posted by cooney64659

Grain prices are up and that is good for farmers. But it will increase groceries to compensate the raise in grain prices.

Fertilizer and fuel have trippled, seed, rent, and machinery costs are sky high...The increse in grin prices will slide right through the farmers hands....just like it always does.

IMO we have just begun to see the increases in food, You can thank the ethanol backing politicans if you like the direction we are headed

Posted by burker on 03-05-2008 10:03 PM:

Cattle

I sold all my cattle at a loss,This past hay season was about half.
I ended up saling about 30 big round bales after i sold my cattle. I sold it for 35 dollars a bail to one person,and i didn't know it at the time but he didn't even take it home,he took it straight to a horse owner and sold it for $50 dollars a bail. If any one you know needs hay this year give me a call,I'll give them a contract price on it no matter how high it gets. Should if wheather is wright have about 75 to 90 big bails to sale.If they take it all and pay for it in advanced i will give them a good deal on it. Rodney Burke 1-812-621-0534

Posted by Mark V. on 03-05-2008 10:20 PM:

Can we aqsk are selfs are we better of now than we were 8 years ago??? I am not whating to start any negitive thing on your post so please doen't respond! Just ask your self.

Posted by coonhunterky on 03-06-2008 12:05 AM:

milk is 4.39

a gallon 8 years ago less than 2.00 a gallon

Posted by truly on 03-06-2008 12:10 AM:

Re: milk is 4.39

quote:
Originally posted by coonhunterky
a gallon 8 years ago less than 2.00 a gallon

josh from los angelas- what is milk per hundredweight?

Posted by Dan Dogs on 03-06-2008 01:30 AM:

Re: Re: milk is 4.39

quote:
Originally posted by truly
josh from los angelas- what is milk per hundredweight?

around 18.00 cwt, give or take. with the way cost/cwt according to the prices of everything else that went up in the last 20yrs, milk should be at 23.00/cwt... you should be thankful we have milk to drink. even at 18.00/cwt any dairy farmer that purchases all there feed are going to have a ruff time.. 5.00 corn, 180.00/ton of hay and 15.00 soybeans..

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Posted by hatcher_matt on 03-06-2008 01:37 AM:

in 2002 milk was $9.00- about $11.00 per hundredweight
I know I was milking then lol no anymore and I have heard it's been as high as $20.00 and is still hanging on around $15-$17
and don't kid yourself I work and a implement dealer and farmers have plenty of money to spare not hurting as bad as they make it sound. if they can afford to pay $300-$400 an acre rent and but land for $7000 to &10000 an acre things arn't bad

Posted by Dan Dogs on 03-06-2008 01:48 AM:

quote:
Originally posted by hatcher_matt
in 2002 milk was $9.00- about $11.00 per hundredweight
I know I was milking then lol no anymore and I have heard it's been as high as $20.00 and is still hanging on around $15-$17
and don't kid yourself I work and a implement dealer and farmers have plenty of money to spare not hurting as bad as they make it sound. if they can afford to pay $300-$400 an acre rent and but land for $7000 to &10000 an acre things arn't bad

if your getting close to retirement and have most of your assets paid for its not bad.. you go out and try to get into the business then in two yrs call me and tell me how well your doing!!!!LOL

Posted by truly on 03-06-2008 01:55 AM:

when i was milking cows in the 80's we got around 12$ per hund. gallon at the store was under two. looks like we ought to be closer to 17-22$. parity. that was the buzz word in farm economics then. parity. still doesn't exist.

Posted by countrygirlcoon on 03-06-2008 02:23 AM:

What I don't understand is how can crude oil companies have such a high profit margin and tell the country that they have nothing to do with the increase of gas prices??? Price gouging is supposed to be regulated in the US, but not on Crude Oil?????

I know something is going to have to give, because Americans (middle class) can not go on pay the price increase on goods and services, when the pay rate isn't increased.

I am affraid that America may have another depression on their hands. The stock market is already depriciating.

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Posted by Ron Ashbaugh on 03-06-2008 02:55 AM:

Re: milk is 4.39

quote:
Originally posted by coonhunterky
a gallon 8 years ago less than 2.00 a gallon

I am glad I am lactose intolerant.

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Posted by josh on 03-06-2008 04:11 AM:

I sell organic milk, I am being paid a little over 28$cwt.

My costs are steadily rising just like everyone elses, I would expect I will be getting over 30$ by the end of the year....Im not getting rich, but it is a viable business that I can bring my son into if he wants...That is my goal.

Organic corn is selling for 10-14$ bu. ---If you can even find some.

Organic milk sells in the store for 5-6$ a gallon....It may not be parity, but its a lttle closer.

Posted by BRYAN J on 03-06-2008 05:30 AM:

Re: Money money money

quote:
Originally posted by cooney64659
I do not know if anybody else always to seem to be stretched thin but it sure seems to be that way for me.

Every thing is increasing in price but the rate of pay.

I recieved a raise of a whopping 3% this year.

Milk has incresed around 30%
Eggs has increased around 26%
Gas well it seems neverending

Grain prices are up and that is good for farmers. But it will increase groceries to compensate the raise in grain prices.

Everything is rising in price, but is 3% really a fair number for a cost of living increase?

I was just wanting to hear other opinions.

Some places only pay 3% or 4% raises a year. Better then nothing too!

But I sure feel your pain as well though. Everythings going up and as someone said the middle class folks are going to really feel it.

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Posted by cooney64659 on 03-06-2008 05:31 AM:

Is there even a middle class anymore?

On the milk issue I have three girls and me and the youngest which is 4 doesnt drink anything but milk and water. I would say that on a average we buy 6 gallons a week.

The rich get richer and the poor get poorer. JMO!!!!

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Posted by truly on 03-06-2008 06:34 AM:

quote:
Originally posted by cooney64659
Is there even a middle class anymore?

yes, there is still a [small] middle class left. the problem is, the only way to get into it is to be upper class and lose a bunch of money! then you are in! good luck!

Posted by Ken Grant on 03-06-2008 01:06 PM:

Gas hit $3.15 a gallon here yesterday. It went from $3.07 to that in a couple of days. I do not know how many folks are making a living paying that for gas.

If you would have asked me two years ago if I was better off than I was 8 years ago, I would have said YES!. Now two years later, I say NO!. The rising fuel prices killed my business about a year and a half ago.

This is ridiculous to pay that much for fuel, especially when I read about the profits of the oil companies.

Posted by bobbijo3456 on 03-06-2008 02:24 PM:

Everything seems to be going up.But my parents and some of the farmers around them are only getting 50$ a ton of corn.And hay that is sold they are only getting $1.10 a bale.Heck my dad has sold all his cattle just to keep afloat.The little farmer man gets pushed out of business while the big corperate farmer gets more money.Like my dad always says.Everyone is down at sometime but always gets back to the top.I went and bought a bag od Diamond in the green and yellow bag and paid $18.00 for a 50# bag.

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