Barn Talk - The World's Gone Crazy

Episode Date: March 11, 2022

Welcome To Barn Talk! Duck and Cover Addition! Has the whole world gone crazy? Russia, Ukraine. Where did Covid go?  Prop. 12, Carl Icahn, Yes it is crazy and we’re going to talk about it. Barn Ta...lk Merch! 👇🏻 https://www.thislldo.co/ SUBSCRIBE TO THE PODCAST ➱ https://bit.ly/3a7r3nR SUBSCRIBE TO THIS’LL DO FARM ➱ https://bit.ly/2X8g45c SUBSCRIBE TO BARN TALK CLIPS ➱ https://bit.ly/3BlZnqq LISTEN ON: SPOTIFY ➱ https://open.spotify.com/show/3icVr4KWq4eUDl7Oy60YMY ITUNES ➱ https://podcasts.apple.com/us/podcast/barn-talk/id1574395049 Follow Behind The Scenes👇🏻 ● This’ll Do Farm Instagram ➱ https://bit.ly/30KPBNk ● Barn Talk TikTok ➱ https://www.tiktok.com/@barntalk?lang=en ● Sawyer’s Instagram  ➱ https://bit.ly/3BtX0n4 ● Tork’s Instagram ➱ https://bit.ly/3LGZJxS ------------------------------- ***PLEASE NOTE*** Barn Talk is a significant break from the typical content viewers have come to expect from This’ll Do Farm. Please be advised that we will be exploring a wide variety of topics (some adult-themed) and our younger viewers (and their parents) should be advised that some topics will be for mature audiences only. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 I'm not saying it's never going to happen. I'm not going to be one of the, we're never going to be one of these guys that says, oh, it'll never happen. It'll never happen. Because the way we believe, it's just never going to happen, you know. The world doesn't, you know, there's so many guys out there that have their belief and they just say, oh, it'll never happen. Well, that's how you get knocked on your ass and you end up broke and, you know, you just don't move with the world. So I'm not going to see her and say that.
Starting point is 00:00:23 Do I like it? Hell no, but. I know what's wrong with it. It ain't got no gas in it. Is that your voice? Yeah. All of the food we eat and much of the clothing we wear comes from plants and animals that are raised on farms.
Starting point is 00:00:37 Farms are different in type, in size, and even in name. Welcome to Barn Talk. Bunker Edition. You better hunker down. Get your ammo. Get your bottle of water. Get the spam. Get another case of ramen.
Starting point is 00:01:03 This world is going crazy right now. It is the day after the Russian invasion on. Ukraine started. It's not, they're not all the way invading it, but people are fleeing. Putin has dropped the hammer down and said, we're doing this and if you get in our way, we're running you over. He, I think he might be a little off his rails because his press conference, he, he, he kind of made it like a religious, like it's his own manifest destiny to reunite all of the lost lands of the Russian Empire. Well, yeah, they're ruthless. I mean, he's ruthless. Yeah, he is a ruthless dictator. Somebody was kind of trying to slur him and saying that he wasn't very well educated. And I was
Starting point is 00:01:46 like, I think he was educated by the KGB. He was very well educated. He was just educated in all kinds of things that other normal people aren't educated in, like how to kill people in their sleep and, you know, how to use cyanide and new and creative ways. So pray for the people of Ukraine because it ain't good and you know what's even worse is they're caught in the middle because this mess has been brewing for a long time there is a lot of hands in the cookie jar over there and i don't know how it'll end i don't think anybody knows but i think it's going to be i think it's going to be a bumpy ride so and we're just on the very beginning of it so that's crazy that is crazy what also is crazy is in all the midst of this where where'd covid go what's no what's what's what's what's
Starting point is 00:02:37 What's that? What's that? Where's that at? No one's talking about that anymore. I feel like that and I were saying, you know, earlier before we got on air here, if this goes for a long time, people aren't going to worry about COVID. People aren't going to worry about masks. People aren't going to worry about your vaccine passport. None of that. And if the food prices go up, people are going to start worrying about that. Yep. They're going to start worrying about their basic needs. So that's what happens when war begins. And I mean, it's not a world war. I'm not saying that, but you know, you never know. We weren't involved in World War II in the beginning either. So anything can happen really, especially when you got some crazy-ass dictators going at it, you know? Well, I think the big difference is today we're in a globalized economy to where the ripple effects. I mean, we were just talking about before we went on, you know, they shut down the ports in Ukraine. So we're going to have an abbreviated market report today, but the, the shrews.
Starting point is 00:03:37 short answer is everything's going up because it it the ripples of all of this go out along well go all around the world and then prop 12 where's prop 12 in california's just what are they just shut that down because food prices are too they're they're postponing it because they're not quite sure how that's going to work and with inflation going and and food prices already going up i think they kind of are now going well gosh maybe this maybe 13 dollar bacon might not oh that might might That's not selling very well. It's like you said, there's a lot of things out there that were a big deal, that were a big deal yesterday, that two weeks from now probably won't be a big deal.
Starting point is 00:04:17 And then Carl Icon, I don't know if you guys saw the story, he wanted to nominate two board members to McDonald's board, and he's against all gestation crates, and he, the people he nominated are against gestation crates, and he wants McDonald's to pretty much eliminate all gestation. crate. Make sure that all the pork that they buy come from crate free facilities or farms or whatever
Starting point is 00:04:45 that can be certified. It's all crazy and we're going to talk about all of it. But first pay the fee if you get any value from this, if we made you laugh, if we showed some perspective, showed you an insight that you didn't think about. Share the show, share it with your family, friends, coworkers. We're trying to
Starting point is 00:05:01 grow this thing, trying to do some good in this world trying to just show you our point of view on things. Also, leave a review on iTunes and leave a rating on Spotify. All of that helps us out, guys, and we appreciate every single one of you guys that have been doing that. Also, we got BarnTalk merch. I'm wearing TDF merch right now, but you can get all that. I'll have the link in the show notes if you're listening and link in the description on YouTube if you're watching.
Starting point is 00:05:28 Speaking of merchandise, do you see this little gem that I've got? Oh, yeah, look at that hat. Look at this. Bore power. Bore power. It's not quite your side. sign. No, it is not my sign.
Starting point is 00:05:40 It's a step in the right direction. It is. I'm headed in the right direction. So a good friend of the show, John Nagel, I think he's from Indiana. I think that's where he's from. He messaged me on Insta and said, hey, I don't have a sign, but I've got this Circa 78 bore power stocking cap that's in primo condition. And so we pulled a little tradie.
Starting point is 00:06:03 Yeah, kudos to John Nagel. So we sent him a sweatshirt and he sent us this hat. and I'm super pumped for it. I like the old bore power, and I've said it before, any of you out there that have a corn crib that has the nice borepower metal sign patch and a rat hole in it,
Starting point is 00:06:20 let me know, I'll come take it off your hands. I'm trying to find a little borepower. Farmer's hybrid memorabilia. I think, as I said in the beginning, market update today is going to be an abbreviated version because we're a little bit behind on getting episodes out. So this is going to be a little behind when you see it.
Starting point is 00:06:44 So there's not much point of giving you what the markets are. Other than to say, everything's up. Yesterday, I think the Chicago Board of Trade got, I think it might have gotten locked limit up because with everything going on in Russia invading, everybody thinks that there's going to be a shortage of raw materials and about everything, everywhere, and we'll get into that. But commodities are way up, and the stock market was way down.
Starting point is 00:07:14 Yesterday it was down hard, and today it's still down, but there's a few, it's kind of mixed. There's some stuff up, some stuff down. Tesla is cheap, so cheap. You're hungry. Oh, man, I wish I had. the snow's melted so I might drive slow going to town today and just pick up cans and see if I can get enough money for a quarter of a share maybe or something. I don't know whether I can drive that far or not. Tesla announced they're going to build another, they're going to expand their Shanghai factory because the demand is just crazy.
Starting point is 00:07:48 And I actually got on last night and look, do you know if you are interested in a Model X? I didn't check anything else, but a Model X, if you put your deposit down now, your delivery is. next January. Wow. They're right about a year out. Those are the ones with the Lamborghini doors. Yeah. They're full up.
Starting point is 00:08:06 They're pretty much the SUVs. Bougy. Yeah, those are pretty cool. I'd like one of those. Well, you know, just put a deposit and then hope that something hits between now and then. Still waiting. Somebody won Powerball, and I haven't checked my ticket. I actually bought a Powerball ticket, and then I didn't check it.
Starting point is 00:08:21 Somebody won it. I could be a millionaire and not even know it. That'd be great. Can you check that? I might be able to pay my... We might be able to put on all. the nitrogen we want this year if I win Powerball. That would be kind of nice.
Starting point is 00:08:33 That would be real nice. Wouldn't have much left, but anyway. So Russia, Ukraine. Russia, Ukraine, it is an absolute shit show. Putin is a savage. Pretty much said, I'm invaded. And if anyone wants to interfere,
Starting point is 00:08:48 you're going to have consequences. Essentially is what he said in this press conference. And he might be all talk, but let's be honest, out of all the world leaders right now, he does look, he is the most crazy. probably, but he is the strongest, most. He's the most alpha out of all of the world leaders, definitely. 100%.
Starting point is 00:09:07 I think that, and this is all just my opinion, but Russia is at a, they are at a pivotal point, so they've been the superpower, you know, against the United States. So ever since World War II, at the end of World War II, basically the United States, they they did something different from what had happened just about every other time through history when a country was the victor over other countries.
Starting point is 00:09:43 They didn't go in and ram sack everything and settle all the scores. They basically went to Germany and went to all of Europe and went to Japan and all these countries and they said, here's a deal. We will feed you, clothe you, help rebuild your countries, and we will defend you against Russia, against communism. All we ask is that you take our side, and in return for that, we will have the Navy, we will have the Army, we will have the Air Force, and we will make it our job to defend
Starting point is 00:10:25 your trading around the world and you can buy and sell and trade and do whatever you want without fear of, you know, bad actors. And we've been operating on that for about 80 years. And now we've kind of entered a new era in the fact that a lot of people, this really started with Obama. but I would say it was headed that way even during the second Bush presidency in the fact that public sentiment and the politics of the world
Starting point is 00:11:11 it's gotten really expensive to be the babysitter of the entire world and we have lost a lot of blood and a lot of treasure around the world fighting wars that we probably should have never been in and i think that's taken its toll and you could see that there wasn't a lot of heart in um taking up other countries causes especially when you're dealing with countries like ukraine so it's really interesting to me that the the word democracy is being thrown around a lot with ukraine because
Starting point is 00:11:55 Ukraine really isn't a democracy. The people that are in power in Ukraine, they're not exactly the most squeaky clean people, and they aren't part of NATO. And it's kind of been a little bit like the Wild Wild West there in the fact that part of that country is pro-Russian, and part of it is pro-West, and their politics are pretty dirty. But You know, when you're playing favorites, they're better than the Russians in the eyes of the West. But this deal has been made. Russia is making a deal that they can't allow Ukraine to be part of NATO. Well, that was never going to happen anyway, because for a country to get into NATO,
Starting point is 00:12:47 it has to be unanimous. The vote has to be unanimous against within all of the parties of NATO, all the countries. of NATO. And I can guarantee you that it wasn't going to get an anonymous vote to go in there. So that's just kind of a talking point that Putin's used as an excuse to go in there. But it's just kind of a, it's a different, it's a mess. I mean, it's crazy. It's just crazy is what it is because we're giving a lot of arms to them, Germany, Poland, French, They're all sending troops to the border with Ukraine, because if it spills over, you know, the NATO, they will defend NATO. And Putin doesn't seem all that.
Starting point is 00:13:43 He's very calculating, but he seemed a little weird to me when he started trying to bring religion into the deal in his news conference that basically it was like his manifest destiny to reunite all the pieces of the pie back in. to Russia. That's a little scary when you start hearing that. Well, yeah, it makes you feel like he's trying to be trying to do world domination. Well, I guess I got way off because what I started to say was Russia, they were, they were the superpower that the U.S. was against. But today, I would argue that China is a stronger player than what Russia is, because economically, Russia's only game is oil and raw materials. They don't, and their economy's trash. And you saw yesterday, their, they're stock market lost 50% of its value. And if the West quits buying oil from them, they're the third largest producer of oil in the world. So it's very hard to replace all that oil, which brings up
Starting point is 00:14:37 the idea, why don't we restart the Keystone pipeline? Because if we want to get off oil for an oil, we were energy independent a year ago, year and a half ago, and then that all went to pot. And we could be energy independent again if we really wanted too much. You're a good question. I don't know why. Yeah, I mean, that's what I want to know. Why aren't we pumping oil? Because right now, a lot of that oil that's being pumped up in the Dakotas, it's going to Canada.
Starting point is 00:15:05 The Canadians are buying it. It's going north instead of south. The Canadians are buying it, and then they're exporting it. Where we could just as well be processing it here and using it. So, anyway, long story long, Russia, I feel like they're at a tipping point, and I feel like Putin feels it, that if he doesn't act now, if he doesn't get all this back, they're going to fade away because
Starting point is 00:15:26 their birth rate is against them, so their population is against them. Their population is aging very rapidly, but that's a story that's going on all over Europe. But their power is dwindling. So if they're going to do it, they're doing it now, which my argument
Starting point is 00:15:42 is, if you're going to do it. No better time to do it. You got no superpower. You got really no... He doesn't really have nuts, let's be honest. Well, our whole place. political systems because we're so we spent so much time worrying about pronouns and worrying about COVID and worrying about offended people that we're not we've lost a lot of credibility and don't
Starting point is 00:16:03 kid yourself that deal in Afghanistan the way we got out of Afghanistan well yeah I was about to say if you're Ukraine what do you I mean do you even think that the U.S. is going to you're running on hope yeah I mean you truly are because we showed our example we've played our cards we showed our cards there. Yeah. Especially with Biden being what that was his first kind of major thing as a president. And he botched that pretty bad. And this thing's changing fast. So before I came down there, there was a lot of talk that it looks like the Russians were going to try to do an air assault where they were going to use paratroopers. And there was a lot of talk. I just saw a clip before I came down that they were attacking the main airport in Kiev. And people were wondering whether they were
Starting point is 00:16:47 just going to come in and try to drop troops all over this all over the oh red dawn well khy red dawn wolverines great movie you probably like the older one better yeah i do i do yeah after one is better the new one kind of sucked i never liked that one it's it's hard to it's hard to improve upon a prove upon such a that one i don't feel like that movie isn't really that realistic in the fact that like you do that in texas you're just going to they're going to get shot in sky i mean It would be like duck hunting. Duck hunting in Texas.
Starting point is 00:17:20 They would just be shooting those guys out of their parachutes. They would love it. Everybody in their front yard. Guys coming out of Walmart, seeing that, just reaching the back of their truck. The Dakota's, Idaho, that would not work. Montana, that would not work if you guys tried doing it there. I think that's a good point. I think somebody needs to do that version.
Starting point is 00:17:39 But it'd only be like a 25-minute movie. Yeah, the movie would be over. Yeah. Too fast. That's why they had to drag it out. Yep. So what were you saying? I don't really know. I think I just said that Russia is kind of this is like they feel like if they're going to do something now, it's the time to do it. The United States, we have not played this very well. We have not done. We certainly could have done more for Ukraine sooner than what we did. And it's changing very fast and we're just going to have to see what happens. Talk a little bit about how our economy is going to get affected by this. Because, you know, you said they're the third biggest, Russia is the third biggest producer.
Starting point is 00:18:17 producer and oil. Yeah. They produce a lot of nitrogen. Yeah. And what was the other thing? LP, so LP. Natural gas, LP. And so they're going to, no, we're going to stop buying from Russia because we don't like what they're doing. And then Ukraine shut down all their ports and they're pretty good in agricultural production. They're the biggest producer in Europe. So agricultural commodities. Here, it's going to affect us, it's going to affect us farmers positively, but also at the same time, all our inputs are all going to be skyrocketed too. So, I mean, I think we'll benefit from it. I mean, I think the commodity prices will probably climb higher than what the input cost will, but everything will be freaking expensive. Like, do you think the numbers will be higher than you've
Starting point is 00:19:06 ever seen? Like, just across the board, commodity prices, inputs, everything. I think out of all the years you've been farming. I think it could be. I think it could be because the ethical, market was getting hurt because the corn price had gotten high enough that the margin on ethanol had gone negative. In other words, you couldn't get enough money out of the ethanol that you made out of that bushel of corn to pay for that bushel of corn because it was too high. But that was figuring that fuel prices were X. Okay, well, if gas prices keep going up, then that makes ethanol works so then your ethanol plants keep running they keep buying corn because they can afford to pay more for it which in turn eats up the corn supply and drives the corn price higher because if ukraine is not
Starting point is 00:20:02 exporting corn soy wheat i mean i think kansas city wheat was over nine dollars and it's higher than that now i didn't check the markets before i came down here i meant to but i knew we weren't going to talk exact numbers because but um with that with that supply not coming on the market people that normally buy wheat from ukraine they're going to have to buy wheat somewhere else and people that buy soybeans or buy corn from ukraine are going to have to buy it somewhere else and so and then the other side of that is when you talk about oil so europe buys a lot of oil from russia because they had that pipeline and they just did buy a lot from them okay well if the world quits buying from russia and not all the world will i guarantee it china'll keep buying oil from russia because china don't care
Starting point is 00:20:51 they don't give a shit about human rights or what you're doing it's if it's a good deal they'll do it they don't have any ethics no but um so it basically reshuffles the deck because people that we're buying from here are now going to have to buy from here and overall it's going to hurt production. The overall production of oil will probably suffer and the distribution will suffer. So in other words, you won't be able to get products where they need to go as fast as they need to go. And that's not even figuring in. I mean, we already kind of are having that problem. Right. And so is that going to just add to it? It's going to add to it. And then think about, you know, uh, what happened in Canada. So there's a trucker rally going to the United States. So if you have
Starting point is 00:21:39 transportation problems here on top of high commodity prices and then you have trouble getting stuff shipped worldwide. But then once you get it, say here to America, you can't get it shipped because there's a shortage of transportation. It's just going to add to that. So you're right in that come fall, if I have a crop to sell, that crop is probably going to be worth. It's probably going to be one of the most valuable crops that we've ever produced. The flip side is our cost of production will be one of the highest that we've ever had and all of our cost of living is going to go up because the gas to go to town, the LP to heat the hog buildings, our power bill, a can of bushes baked beans, I mean, whatever. Back of bacon. Yeah, exactly. All of that's going to go up. So when it's all
Starting point is 00:22:32 said and done, you're going to feel really good about this really valuable crop that you've sold. And the hog guys are the same way. So the integrator we feed for, they're going to see the highest hog prices this summer they've probably ever seen. But look what they're paying for corn. So their feed costs is going to be sky high. So when it's all sudden done, are they going to make any more money? Probably not. In fact, they might, they might, it could get to the point where they'll be lucky if they break even, even though they've got a higher price they've ever had. That kind of sucks. It's like, you know, it's teasing you a little bit.
Starting point is 00:23:07 You're seeing this massive number and then you're like, oh, God. And that's what happens in a global economy. I mean, that's the difference. So World War II, it wasn't that way. Today, it is that way. So that kind of gets us into our next point. Inflation, raising food prices. I mean, everything's going up.
Starting point is 00:23:26 Are they ever going to raise interest rates to get this inflation and check? I don't think. And the other, I was thinking about this too. Do you think it's a kind of an excuse, if we get involved in this, it's not I wouldn't call it a war yet, but we get involved in this battle, this one, it could be a war.
Starting point is 00:23:43 Who knows how long it goes? We just don't know enough. But do you think it's another excuse for us to print even more money? Do you think they would print even more money? Are they going to pull in Afghanistan when we're going to go into Ukraine and we're going to have to print money for military?
Starting point is 00:23:58 I think that that would be very bad. Don't you agree? I mean, we're almost at our tipping point here, where if we print any more money, it ain't going to be good. I think that the United States, both sides of the political aisle, don't have,
Starting point is 00:24:16 they do not have the political will to go toe to toe with Russia. Not because it's not because we couldn't win that, fight, but because that is a slippery slope where if you, if the United States gets into direct combat with Russia, that there is so, look how far that could go because you, now you've got two nuclear superpower. So you've got, that's the scariest part of it. You got Russia, you got Russia going in and messing around with Ukraine. So that's a war. There's a war. There's, at war with ukraine right i mean it's just that's what it is but that's a proxy war in and by that
Starting point is 00:25:06 i mean they're it they're taking a they're taking a calculated risk that they don't think anyone else is going to come in there now we'll send we'll send aid there we'll send hell we've already given them javelin missiles we've given them apaches we've given them all kinds of stuff and nato will continue to do that it yeah it's well like you said, it's a slippery slope. We're doing everything we can because we want them to win, but we also realize if we go direct contact, the consequences of that could be nuclear war. We did the exact same thing in Afghanistan. When the Russians were in Afghanistan, we funded, we poured money in Afghanistan. We sent arms, we sent everything we could over there.
Starting point is 00:25:55 We just didn't go over there when the Russians were there. And that's part of the reason why the Russians couldn't win that was because we bled them out. The rest of the world bled them out in the fact that they kept supporting all of the rebels and they could not wear
Starting point is 00:26:14 them out to where they didn't have supplies and they didn't have money and they didn't have all the stuff they needed because the rest of the world just kept funneling in there, funneling in there. And finally, the Russians... Do you think that would be the same way in Ukraine? I don't know. I think what you're seeing and we'll know here
Starting point is 00:26:30 and we'll know in a day or two because I think what rushes, they do not want to get into that kind of a situation. I think they're going to throw, I think they're going to go after as hard as they can with the idea that they can take the whole freaking country in a very short amount of time. If that happens, then it becomes a stalemate where what will happen is the rest of the world will try to sanction. They'll try to sanction the living shit out of Russia. They'll try to bleed their economy dry to where they can't afford to keep making war there. So a sanction is just like, explain a sanction because I don't know what a sanction is. Okay, so a sanction is Russia built a pipeline into Europe.
Starting point is 00:27:12 You just pretty much don't. You're not going to associate. There's all kinds of things you can do. So you can say that any company that is based in Russia can't sell their wares to us. To us. You can say, the Europeans can say,
Starting point is 00:27:31 okay, well, we got this pipeline coming out of Russia for natural gas. We're shutting it off. We're not going to take, we're not going to buy one. So all these other countries
Starting point is 00:27:40 are going to sanction the living shit out you think if they get Ukraine. Right. Well, that's Russia's problem is that their economy is not in very good shape and it's pretty much entirely based on natural resources.
Starting point is 00:27:50 Natural resources. So if you shut off and you're not buying that from them, they got all kinds of oil, coal, natural gas. but they don't have anywhere to sell it to. Right.
Starting point is 00:28:00 They don't have any where to sell it. They don't have any money to buy food, buy what they need to do, whatever. Do you think we'll have to print money to help Ukraine?
Starting point is 00:28:09 Do you think we'll have to print more money? Do you think they'll use it as an excuse to print more money? Well, I think we got a budget just to help them out and use aid. Or do you think we'll just leave NATO to... We're so far upside down.
Starting point is 00:28:21 We're going further in the hole every day. Until somebody goes without that's on the gun, government teat, whether that's the Defense Department, whether that's health and human services, whether that's Social Security, until somebody goes without, we spend more money than what we take in. So either we have to raise taxes, well, not even that, we can't even tax our way out of this. We have to cut the amount of money we spend and take in more taxes if we're ever going to get out of the mess we're in. But when you're the reserve currency,
Starting point is 00:28:56 of the world, the U.S. has decided they think they can print as much money as they want because what are they going to do? And you're seeing that. The dollar is actually getting stronger because any time there's bad shit that happens, people move their people exchange their currency for the dollar because the dollar is the most stable currency in the world. So as long as it's the most stable currency in the world, we can pretty much do whatever we want because nobody else is going to do it, which is an interesting point, and you talked about this,
Starting point is 00:29:30 that there are some people that think that the Russians actually are Bitcoin. There's a rumor out there that Putin invented Bitcoin. He is Satashi. Well, who knows if he invented it, but he, you know, he's crooked enough where he could have
Starting point is 00:29:45 a team that created this amazing technology that he figured, you know, if I'm going to overthrow America and get back to be in the number of, in power, I need to do something. And that's a little far-fetched, but it is a rumor out there, and it would be kind of genius on Putin's part if he did create Bitcoin. Well, and I think it is interesting. That's kind of a whole other conversation that we've seen this week, is Bitcoin today is $35,000. And so the idea that Bitcoin is digital gold and that it is a store of wealth that is
Starting point is 00:30:24 stable, that's kind of under attack because through all this, as the stock market's gone down, Bitcoin's gone down also. But to your point about that, I feel like that really Bitcoin would be the biggest threat to the United States dollar, because if you ever got to the point that Bitcoin or some other currency was the reserve currency of the world, that would change, that would take on awful lot of power away from the United States. It would reset it. I think it is, and I think a lot of people that are really into Bitcoin, that's, that's kind of like their utopian idea is that.
Starting point is 00:31:05 So the upside of that is that if Bitcoin is the reserve currency, nobody can control that. So it takes the power away from a, you don't need a central bank, and it takes that power away. The problem is, if that happens, it creates a power vacuum where, China, Russia, other countries around the world, if you ever saw an opportunity to bring down the United States, that would be the time to do it when they are no longer the reserve currency. Right. So it's like we said, you know, we could have just stopped. We could have just stopped the statement and said the whole world is nuts because it is.
Starting point is 00:31:45 It's crazy. Crazy times right now. It is crazy times. Yeah, so let us know what you think because we've just kind of been rambling about, you know, all this. and by the time you hear this, a lot of things will be a little clearer. Some of it will probably be murkier, but a lot of it will be clearer as far as the Russian thing. But Bitcoin, it's going to be interesting to see whether it levels out or whether it keeps going, because if it does keep going down, I don't know, the argument that it is like digital gold is going to get kind of tart.
Starting point is 00:32:16 Because gold's actually moving up. Gold's been down, you know, 17, 18, 1900, and I think it had a big move the other day. I don't really track gold much anymore because it hasn't moved for so long. But, you know, if you come back here in a few weeks and gold's $3,000 an ounce and Bitcoin's $32,000, well, it looks like Bitcoin follows the stock market more than it follows the precious metal market. I mean, we haven't even talked about Canada, really. That's been a whole thing in itself, too. I mean, you got that going on in Canada.
Starting point is 00:32:47 It looks like he, the, what is it? What's his name? Trudeau. Trudeau. True Castro. No shetty. If you ever see the comparison of Fidel Castro and him, it looks like his son. It literally looks like his son. It's so weird. His parents were friends, and there's a picture of Fidel holding him.
Starting point is 00:33:04 I know. It's so crazy. If you've seen some clips coming out of Canada, man, you want to, it looks like he's a fascist. He looks, he does not look like he. Yeah, that's a bad deal. And I was root. I was really rooting for Canadians there to get their freedom back just because I felt like it was their only. chance. I mean, and I don't know, is it still going on? No, so he just repealed it last night. I saw it on Twitter this morning that they shut that off, that he reversed that because the deal's over. And I saw the three examples of that was used in Canadian history and it was like World War I, World War II, and then there was some domestic terrorist situation that they used it. And then you're going to use it for a peaceful trucking protest. You look like an idiot, dude. He does look like an idiot. You look like an idiot.
Starting point is 00:33:56 Yeah, on the world stage, I think he looks like an idiot. Some guy said, though, that his bank account had been unfrozen, that he got access back to his money. And I don't know whether he was somebody that was actually involved in it, or he was somebody that just gave five bucks and they froze his account. I don't know how involved he was, but his account was unfrozen. He said that he was taken all his money out of the Canadian banks and he was putting it all. Yeah, so what was the deal with that? So if you had any association with the trucker rally, they were freezing your bank account. And it wasn't even if you were a part of it. It was if you gave money. And GoFundMe, they got a lot of slack because they shut down that.
Starting point is 00:34:40 Yep. Go fund me for the Canadian. Well, they froze the money. Yeah. The people that gave money, they didn't go ahead and give it to the trucker rally. Then they weren't going to give it back to the people that gave it. And then I think they finally did, but I haven't heard if people actually have gotten their money back or not. I'll never use go fund me again. No. That's the only way to stop these freaking conglomerate companies, big old companies that are against freedom. Bitcoin Lightning Network. Yeah, the other thing that we're in, you know, people are saying, well, this is why we don't want to go digital currency, because if they can freeze our accounts now, they're going to be able to freeze them just as easy using digital currency. No. Well, in the
Starting point is 00:35:19 other thing is it's kind of what you said about the stimulus checks and if you know a long time ago when we do digital currency you can give people money and they can only spend it on certain things that's my biggest worry when it comes to digital currency what if they get to the point where they just like give you your paycheck and they say you can only buy this certain amount of things with this money you can't buy assets you can only buy one home can't buy any other homes you can only buy this money acres can't buy anymore and then you're getting to a scary point so It's in Canada, I mean, you saw that, I mean, they froze people's bank accounts. They got that kind of power.
Starting point is 00:35:55 So buy your land, buy land, buy assets, buy, I don't know, buy Bitcoin. Put some money in cash, too, I think. Bottled water. Bullets, guns, all that stuff. You want to get ready. Who knows? Get your bug out bag. So in amongst that Canadian deal, there was a great letter that was, it was made public.
Starting point is 00:36:19 I think Pomp put it on his podcast. I saw it a few other places too. So there was a crypto wallet. So a digital wallet company from Canada. They were Canada-based. And so what they had was an online digital wallet where you could, they weren't in exchange. So in other words, you couldn't buy or sell
Starting point is 00:36:44 or trade cryptocurrency on, they didn't have an exchange. all it was, they had a service where you could create an online wallet where you had your private keys. And if you don't know what your private keys are, traditionally, all the ones that I've seen is it is a 12 word, it is a 12 word password. And you can make your own up or else you can have it randomly generated. And that is the, those are the keys, air quote, keys. that control access to your account so you can transfer cryptocurrency in there, whether that be Bitcoin, Ethereum, Pocod, whatever you hold,
Starting point is 00:37:29 you can transfer that into that digital wallet, and you can hold it there, and nobody can get access to it. The only way you can get access to it is if you have those keys. And the Canadian government sent a letter to them, because they're Canadian-based, and said that they wanted lists and amounts of all of the people that were on that exchange so that they could cross-check them to see if any of them were involved in the trucker rally. And this company sent, and it was from the, it was from the Royal Financial Court
Starting point is 00:38:08 or some, you know, some Canadian thing, financial deal. And they sent a letter to them back and they said, dear Royal Canadian financial we are a electronic service provider the only information
Starting point is 00:38:28 that we hold for our clients is their email address we do not have access to or knowledge of their accounts or what assets are held in those accounts and so we are
Starting point is 00:38:44 unable to provide you any of that information. And they said that you should refer to crypto, like a how to file on the internet on how crypto wallets work. And that rest assured when the Canadian dollar goes to zero, we'll be here to serve you also. Oh, that's good. They politely just showed him the middle finger and said, we aren't giving you anything because they didn't have anything to give them. Right. Because it's not their...
Starting point is 00:39:19 They don't own the crypto. Yeah. Like, it's not an exchange. So that's why people say... Yeah, not your keys, not your crypto. And that's why. I feel like that kind of got a bad wrap in that deal because people were talking about how they are freezing their...
Starting point is 00:39:30 Their Bitcoin, freezing their cryptocurrency. Well, the only way that that was happening is... If you left it on an exchange. And I'm guilty of this because, like, I own a lot of the crypto I own, is on Coinbase and on Square. And I have a digital wallet. I have a wallet with the keys. But it takes some times.
Starting point is 00:39:54 A lot of these exchanges, they have a maximum what you can transfer every day or how much you can transfer a month. And I'm lazy. I mean, it's just simple. I'm just lazy. I don't want to wait that long. Well, and you got to remember to do it every.
Starting point is 00:40:10 You can't. If you could just do it all in one chunk and say, I'm going to transfer all this off onto this. thing, but then if you ever want to sell it, you can't sell it directly from that wallet. You have to put it back onto the exchange. So, I mean, it's some responsibility. I don't do well with responsibility. People that had money on those exchanges within Canada, they were able to freeze them because they didn't have the keys, so it wasn't their, it wasn't their crypto. It was Coinbase's crypto or Square's crypto. And I don't know whether they got into Square. I don't think
Starting point is 00:40:41 they did because that's not a Canadian deal. But Canadian exchanges, they were able to freeze it because people had left it on the exchange. So that's something you got to, if you go down the road that you're going to go the crypto way, it is very, very safe, but it is only very, very safe if you own the keys. In other words, you have that crypto in your possession, whether that be an online wallet or an offline like a card drive wallet. Like a net. or a treasurer. Pretty much a flash drive, but just a wallet, a crypto wallet. Yeah, and don't ever forget your password if you ever do get a wallet because the password
Starting point is 00:41:21 is super long, right? Isn't it like 12 words? 12 words. 12 word password. And you have to have those words in order. In order. And you cannot mess up anything. So you better be sure you know that password, have it written down somewhere, put it in
Starting point is 00:41:34 your safe with the ammo that you go out and buy. I think there's, I think, yeah, I think there's like two or three million, Bitcoin that are just, they think it's just lost because people forgot their crypto, password. Because back in the day when, you know, Bitcoin was worth $3 and people were buying pot, they were buying pot porn and pizza with Bitcoin because it wasn't worth anything. There's a lot of people that, you know, downloaded it and put it on a deal and they were like baked or they just weren't very intelligent. They wrote it down on a piece of paper, put the paper in their Levi's and washed their Levi's and they couldn't read it.
Starting point is 00:42:10 We're like, oh, shit. I got 12,000 Bitcoin. Oh, that'd be so terrible. It was only worth $14.80 back then. But today, it'd be worth a fortune. You'd be retired. Have you ever seen that video, that guy that gave the Bitcoin to the Pizza Man? Oh, that is just tragic.
Starting point is 00:42:29 That would be such a regret. How would you feel it would be that guy? There's no way in hell you could not think about that every day of your life. If you don't know the story, this guy literally ordered pizza and pay. Bitcoin with it when Bitcoin was what worth a dollar? Dollar, because did he give him? Wasn't it like? It could have been less than a dollar, though. Wasn't it like 20 Bitcoin? Or something, something like that. I mean, it was like,
Starting point is 00:42:53 so Bitcoin today. No, I feel like it was like, I feel like it was like 2000 Bitcoin. So it was like when Bitcoin was 10 cents. Yeah. I mean, I think it was like 2000 Bitcoin that this guy just gave to this pizza me. I paid, can I pay for my pizza and Bitcoin? The guy said, Yeah, paid for like two, I think it was two pizzas. Yeah. Two thousand bitcoins. So that tells you that the pizza guy knew a little more about the potential of crypto than the guy that bought the pizza. Because you don't hear that story, though.
Starting point is 00:43:24 That guy never speaks up and said, yeah, I kept that. Who knows, who knows what happened to it. But he probably went and bought some pot, pouring pizza with it. Well, maybe he did. And if he did, then if I was the guy that gave it to him, I'd feel a lot better if I knew that that guy just pissed it all the way. Then if he's sitting on an island somewhere, be like... Sipping on a my tie. And you know he's telling that story every night.
Starting point is 00:43:45 This dumbass gave me $2,000 Bitcoin. Nothing. Oh, that'd be... Can you imagine them sitting down on a vacation right next to a guy? And you just asked him, what did he do? And he said that. 15 years ago, I delivered two pizzas to this guy, and he gave me $2,000 Bitcoin. Oh, my God.
Starting point is 00:44:03 That would be insane. So let's talk about some Carl Icon action. this guy is worth like $16 billion, like I said in the beginning. He nominated two people to be on McDonald's board that are outlawing, created gestation for sows. They can't buy any pork. It's all got to be crate free. So give the background on it,
Starting point is 00:44:25 because I didn't remember what the skinny was. Yeah, so Carl, I don't know if he was on the board of McDonald's at some point or if he was advising for him or if he owned a lot of stock. I know now he only owns like 100 shares of McDonald's. McDonald's. But like a decade ago, I watched this video about it. And a decade ago, McDonald's said they were going to outlaw and make all their pork crate free 10 years ago. And they were going to work towards that. And they made some progress, but it's been 10 years
Starting point is 00:44:54 and they haven't met their goal. So now Carl Icon is coming back at him and saying, well, you haven't finished a job yet pretty much. And you need to get to crate free pork. And his two kids, kids are both vegetarian and i think one of them she's not an activist but she's for animal welfare across the board and she pretty much called her daddy up her rich daddy and said this isn't right and here's some pita propaganda watch these videos and he pretty much said in the video that he watched the videos and he just said there it's it's unnecessary suffering yeah it's unnecessary suffering with no which pretty much tells me you have no idea what the purpose of the crates actually are. You don't know
Starting point is 00:45:39 what the purpose of it all is. You just don't. You just see the propaganda that was out there. So you don't know what he saw. You don't know if that video was, if it was a typical animal rights propaganda, a lot of that's not even
Starting point is 00:45:57 video from the United States. And all of it is very old and very poor quality. But what's, what I think is ironic about the whole thing is so you got the guy you got carl icon who i'm sure the animal rights people are lifting him up for him doing that being like oh yeah get him and carl icon is a pure capitalist oh yeah he does not give a shit and that's my thing if you really cared carl why don't you go and go to the what do some
Starting point is 00:46:31 shit do some do some action i'm pretty sure carl couldn't keep a house plan alive and if he did he It's because he had somebody to do it for him. But what I think, what I started to say was, it's just ironic in our society that he has a lot of money, but he has 100 shares of McDonald's, but yet he has their ear. And I'm not sure, I don't want to get this too far out there because I don't know what,
Starting point is 00:47:00 I don't know what the procedure is as far as, just because he nominated two people to the, the board. I don't think it necessarily means that they're going to get on the board. McDonald's ultimately has to make the decision. The shareholders make the decision, but my guess is he's spending a shitload of money, lobbying the shareholders, sending out newsletters, emails, whatever, telling them why these two people should be on there. He's spent a lot of capital to do that because it's a cause, because he needs to be relevant again too. So there's no guarantee that this is going to happen. It's just, to me, it's the hypocrisy of someone, once again, you've got somebody
Starting point is 00:47:37 that has no training. Never probably been to a cell unit in his life. He has no frame of reference, and he hasn't bothered to ask anybody, well, why did they do it that way? And that's the thing that always gets me, because it's just like Prop 12. You had people that don't have any information
Starting point is 00:47:54 making a decision that affects farmers. And the consumer, because it's going to affect you with the price. It's going to affect you with the price. It's going to affect everybody, and they don't even care. They don't even see it that way. And we just go ahead, keep talking.
Starting point is 00:48:09 Because I think we got to, we did an episode about Matt Rota on how he has technology that helps sows in, you know, the management of sow units. And how, you know, we put these sows in these crates because if you see sows out in the wild, they'll just lay down. And these piglets are running around like the sows are. And they'll just lay down right on top of the piglets. And they will suffocate or they will crush the piglets. Right. That's how it is. A sow is not a real graceful animal.
Starting point is 00:48:40 On the side, because we were talking about this off air, so if you're McDonald's, part of the reason that they haven't gone this way is because McDonald's figured out a while ago, and I don't want, I don't know how else to say this, but they're not a luxury restaurant. Right, exactly. You're not going to get an amazing burger at McDonald's.
Starting point is 00:49:04 When you go to McDonald's, you're getting quick, fast, cheap and easy. Exactly. The people go there, they're looking for a cheap meal or a quick meal or both. And so the competition is fierce for that, and they are not out there looking for an affluent clientele that's looking for a dining experience. They're budget-minded people in a hurry. That's who they're after. So, as a result, their cost structure is very tight. So every dollar, every penny counts. Counts. So for them, to mandate a specific kind of,
Starting point is 00:49:41 whether that be beef, pork, eggs, the potatoes, whatever. For them to set a rule. Set a rule that's going to increase their cost of their raw material. If you're on their board, if you're a voting member, shareholder, what you're voting for is going to hurt your stock price because it's going to hurt their profit. And I think... Well, yeah, talk about the trickle-down effect of that,
Starting point is 00:50:04 because it goes back to the farmer. it goes back to the consumer because they're going to have to ultimately, because you don't realize all the farmers, all the integrators, all are going to have to do major adjustments. Right. And they're going to have to switch things up. You're not going to be able to raise as many pigs because you're not going to get probably as many piglets out of a litter.
Starting point is 00:50:26 Well, it's so interesting because here, I'll just tell you, that idea of that all sows need to be group housed and not be ingestation stalls. and then your farrowing needs to be pens instead of farrowing crates. What's funny about that is, if I put on my old hat when I was a hog building salesman, if I wasn't directly involved with agriculture, if I wasn't directly involved in the hog business, I'd be all about that. If I was an equipment company or I was a building company, I'd be all about that because you know why? So today, if you are Joe Blow and you have a 5,000 sow, fero to wean operation,
Starting point is 00:51:09 and that was required that you had to go crate free and you had to go farrowing crate free, your 5,000 head sow unit has to be redone. It has to be redone. And now it's only like a, it's only like a 3,600 because you've got to make all this room for these pins. and the layout of the space, it's not nearly as efficient to get animals where they need to go and travel and all that, it has to be way bigger.
Starting point is 00:51:42 So not only do you have to put new equipment in it, take equipment out, put new equipment in, you have to almost double. Well, you don't have to double, but you have to probably a third again, increase the footprint of the building to house as many sows as what you had. So what to your point is, so that 5,000 sows out, if you were in a situation where you couldn't do that,
Starting point is 00:52:06 you could not make it any bigger for whatever reason, because you bought this chunk of ground and whoever you bought the ground from, if you didn't own all the ground around it, they weren't going to sell you into more ground so you're screwed and you're stuck. Okay, so the production out of that unit, instead of it being from 5,000 sows, it's from 3,600 sows. So the number of pigs that you put out are going to be lower. So then all the finishers that you have, you're either going to have to buy it, pigs to fill those extra finishers or you're going to have to go build a unit someplace else and when building costs are as high as they are you're probably not going to do that so it lowers the
Starting point is 00:52:41 production you're going to need the same amount of labor because it takes more labor to care for those animals when they are group house than they do when they're in individual pens plus you're going to have a harder time keeping help because it's much more dangerous and that's something that they don't talk near about. So when you have a crew working in one of these sow units, today those people are predominantly Hispanic and a lot of them are, I'd say equally male and female, but they're smaller people. They're not Vikings. They're not, they're not, they're not Brock Lesner. Yeah. They're not. These are small people. Yeah. For the most part. Right. So you're asking them instead of checking sows, vaccinating sows that are housed in individual pens that protect the sows from each other.
Starting point is 00:53:38 It protects them from fighting and biting and sidebiting and getting up and charging and fighting because sows don't get along. They don't play well together. There's a pecking order that they develop and every time you put a sow in that pen or take a sow out, it changes the pecking order. So they fight. but the people that have to work in there, it is much more dangerous. The amount of injuries that you're going to have to your workforce in a group house setting versus a pen setting is greater. I mean, I don't know what the statistic is,
Starting point is 00:54:11 and I don't know if we have a statistic, but I can tell you that it's got to be because your chances getting hurt are a lot greater. Amazon presents Jeff versus Taco Truck Salsa, whether it's Verde, Roja, or the orange one. For Jeff, trying any salsa is like playing Russian roulette with a flamethrower. Luckily, Jeff saved with Amazon and stocked up on antacids, ginger tea, and milk. Habaniero, more like habanier, yes. Save the everyday with Amazon.
Starting point is 00:54:46 What are the chances of more piglets dying, too? A lot more. Because it's exactly what I said. They're all the pit. So when they, because you get a crate, They pharaoh the piglets, and they're just in that little crate, right? There's not much room for the sow to get up and move around, and it's the same with the piglets for a reason. Yes. And so do they pharaoh in the, like, where do they pharaoh? In the pen?
Starting point is 00:55:10 So in that farrowing crate, they pharaoh there. No, I'm saying if you did the open gestation. No, so you take them to a farrowing room. But it depends to what degree they want. So part of it is they don't want sows in individual pens in the gestation. station side. In other words, between the time they ferrow and get pregnant again and they ferrow again, that time where they're held there, they want them in pens, group housed, instead of in individual crates, individual pens. But then there's another side of it where they
Starting point is 00:55:44 don't want farrowing crates. They want them to be able to move about a pen when they have piglets. So both of those situations, If they ferrow in a pen, you are definitely going to have more piglets die from crushing just because it can happen. No matter what you do, it's going to happen. To some extent, some more than others, and some sows are better mothers than others. Some of them will get up. Some of them won't get up.
Starting point is 00:56:12 But in the gestation side, you are going to have more sows that abort, in other words, lose their pregnancy, because the stress of being in pens. and fighting with other sows. When sows are introduced or when somebody's in a bad mood. And they're like, it's like a, it's like a, it's like a, it's like a grade school recess and the fact that if one sow gets bullied, sometimes multiple sows will just pick on that one sow because she starts screaming. It's their weak link.
Starting point is 00:56:44 Yeah. So they're just like, yeah, yeah, let's just torment the hell out of her. So through both parts of that process, you're going to, you're going to have more, You're going to have more sow mortality, so you're going to have more sows that die because sows ride them, sows bite them, they get an infection, they get a broken leg, they get whatever, and then you're going to get more sows that abort, so your farrowing rate's going to be lower. Then when they ferrow, because you have, if you're in a situation where they want open pens, you're going to wean fewer pigs.
Starting point is 00:57:18 And you might have to expand this facility, which you can't do, so you'll have to buy more pigs. You can see the pattern here, folks. The production is going to be significantly lower. That is not to say that you can't do it, and there are people that are doing it, and in fact, the integrator that we feed pigs for, they have one of the sow units that they built, actually they build it while I was working for them,
Starting point is 00:57:42 it is pen gestation. So the sows are grouped house. And they get along okay. The numbers aren't as good as their best units that are, but here's the other side of it. We're in it. Another thing to consider is it takes better management. You have to have better people that are better trained, that are more patient, and more attentive
Starting point is 00:58:07 to the animal's needs to work in a unit like that. So when we're in a situation where labor is at a premium and it's hard to find people, hard to keep people, the poorer that your labor pool is in a unit like that, the worse your results are. So in other words, what I'm saying is if you have your best people working in a unit that is group housed, you can put out numbers that are comparable to a regular unit. They're probably not going to be your best unit under any situation. And somebody can argue that. You can leave it in the comments. You can argue with me and say that and I'll give that to you. There's probably people out there that do a really good job that can make it work. But as a whole, you're not going to get that labor on every
Starting point is 00:58:57 single one of these sal units. Your average quality of labor will have a poorer result than it will in a pen with a single penned gestation and farrowing. That's just the way it is. So the end of this whole rant is that at the end of day, there's fewer pigs, the cost of those pigs are higher, and if they can't sell those pigs, if they can't sell that finished hog for enough money to make up the difference in their cost of production, they'll be out of business,
Starting point is 00:59:26 which in turn shrinks the population of sows, shrinks the amount of output, increases the price even more of pork. And the consumer pays the price at the end. Now, Carl Icon's kids might be able to... McDonald's pays the price at first, but then when you go through that frickin' drive-thru, you're going to be like,
Starting point is 00:59:44 where the two yeah what happened to the dollar menu where's the dollar menu at what happened to my uh sausage egg macuffin in the morning that was on the dollar menu yeah the two for two is gone and it's a and it's a two for four or it's a two for five twenty five or whatever and let's be honest when you go through macdonald's it's exactly what we said in the beginning you're going there for a quick fix you're going there because it's cheap and you're going there because you're just you're probably hungry at the moment but is let's be honest is macdonald's really worth fifteen to twenty dollars are you going to You're going to spend $15 to $20 if you go through the McDonald's? No, you're not. No, I'm not. I don't want to do that. I'd rather go sit down and eat breakfast somewhere. And that's the other side of it is people like Carl Icahn, they don't care. It's not even on their radar because.
Starting point is 01:00:29 But I don't even think they even look past that far. No. They don't even look past that far. How far it goes. See, the people that can least afford to be hurt are the ones that are hurt the greatest. So in this scenario that we just talked about here, If the price of pork on the average selling price goes up, say it costs on a hundred weight. So on a, let's just say on a pound of pork, when it's all said and done, it ends up costing, it ends up costing 75 cents a pound more.
Starting point is 01:01:04 Okay, the people that go and buy a rack of ribs at the barbecue joint and that rack of ribs was $18. and now it's $19. Those people don't give a shit. Because they're paying, they're paying for that experience and they got the money. The people that are eaten on the dollar menu at McDonald's, it has a much greater impact on them
Starting point is 01:01:31 than it does the top of the, and that's what people don't understand. I get what you're saying. Yeah. If you're relying on McDonald's for most of your meals, you know. Try to get off that. Try to get off that.
Starting point is 01:01:43 You're not going to live very low. long but I mean that you know the desperate times call for desperate measures and I'm not judging you at any point but there's our people like that out there and this whole that whole that affects them more than like I get what you mean if you're going to an expensive restaurant you're going to pay you don't care if it's a two bucks increase but the McDonald's the bacon breakfast pizza at Casey's yeah that matters it's like gas it's like you know that's the problem with our problem with our society and a problem with politicians and people like this is you know we're we're so blessed that we can have causes.
Starting point is 01:02:16 But you know what? High gas prices hurts the guy that can least afford to pay the gas prices. And high pork prices, high food prices hurts the people
Starting point is 01:02:25 that can least afford. The people that are struggling to pay for groceries now, every little thing, it's a death of a thousand cuts and their quality of life goes down for every... To me, I feel like this
Starting point is 01:02:37 is just a stunt for him. I feel like it's just to make him relevant again, to give him a cause, a good tax write-off if he actually wants to start an organization, a nonprofit, whatever, to do something. But he is not an expert. If he really gave a shit,
Starting point is 01:02:52 he'd walk through a salary unit. He'd understand the why. Yeah. But all he does is puts out headlines that are going to cause a bunch of stir in the media. And it's just, it annoys me because I feel like that's a lot of how Hollywood and billionaires that have no touch with agriculture,
Starting point is 01:03:11 they just throw out shit. because they just see it from the outside and they've never stepped one foot on a farm and actually seen what goes on. And it's sad. It's sad that it is truly sad that the American farmer has almost flipped on a dime of how much, I mean, ridiculed you get for being a farmer when it used to not be that way. It's sad. But anybody like a tour, just let us know. Yeah. Hook you up. Not our farm. We don't want you come, but we'll find somebody to let you come through. I wouldn't lie to you if it didn't worry me a little bit in the fact that, you know, McDonald's does kind of set the tone in fast food, you know, they are, they are the dominant
Starting point is 01:03:54 player in fast food, and kind of what they do is a lot of what a lot of the other fast food people do. So it's worrisome, you know, because these guys with all this money can just say a sentence like that, a statement, and it causes a bunch of uproar, and they might make it happen, and they don't even realize it and it just it just sucks but i just i just wanted to say you know mcdonald's got a lot of power so i'm not saying it's never going to happen i'm not going to be one of the we're never going to be one of these guys that says oh it'll never happen it'll never happen because the way we believe it's just never going to happen you know the world doesn't you know there's so many guys out there that have their belief and they just say oh it'll never happen
Starting point is 01:04:36 well that's how you get knocked on your ass and you end up broke and you know you just don't move with the world. So I'm not going to see her and say that. Do I like it? Hell no, but I know what's wrong with it. It ain't got no gas in it. Is that your voice? Yeah. McDonald's food probably does have some of them, some gas and it's got some pretty good chemicals. I know if you can, if you got a set of McDonald's food, it can probably sit there and not like, I think there was a guy that did an experiment that like you could have it sit in there for 10 years and it won't mold. Yeah, because the mold won't grow on it. It's just... Got enough formaldehy.
Starting point is 01:05:11 Oh, man. There's probably some gas in there. Enough vegetable oil to do something. But, yeah, I just wanted to say that, you know, what are your thoughts? You got anything to say there? One thing that probably isn't been that didn't get included in that, in that
Starting point is 01:05:26 statement when they said that, you know, they were supposed to have that done 10 years ago. So the head of McDonald's supply chain, he actually spoke at NPC. Anyway, he spoke there, and it's probably
Starting point is 01:05:42 been 10 years ago when he spoke, and I will give them credit. I think part of the reason that it hasn't happened yet is because they actually spent the time to tour farms and to talk to suppliers, so like JBS, and I don't know who supplies, I don't know if Hormel supplies them
Starting point is 01:06:05 with their bacon or who it is, but they actually took the, time and talked to those guys and they actually went and toured some farms two words well that's what i mean and i think that's why at the end of the day they haven't gone all the way they haven't gone that way but when you get somebody as polarizing as carl icon and he brings the heat to it and you know and it makes a good story because let's face it the media loves that shit they like something like that and so it nothing may come of it because at the end of the day mcdonalds has to run their business and they know you know they know what that does, you know, the economics of it.
Starting point is 01:06:42 We'll just have to see. But hopefully, yeah, I don't know. But the last thing I just want to say is we got to feed all these people, folks. We got to do it in a productive way. And $10 billion by 2050, I always go back to that. And people want to get less productive when it comes to growing food because it's the humane way when you haven't even toured a farm and got firsthand experience. Well, to find out that that's not necessarily the humane way.
Starting point is 01:07:10 Right. It sounds good. Right. So it's like California Prop 12. Words have meaning. And when you describe something the right way, you can get people to read that and agree and go, oh, yeah, I'm all for that. And people that have no ties to ag, which most people have no ties. Oh, yeah.
Starting point is 01:07:28 They'll get behind that. Yeah. I mean, people can get skewed so easily now. It's insane. So that's why, I mean, it's a, I mean, that's really why we're doing what we're doing. we're doing on this will do farm. It's really giving you a clear vision of what it's like in one of these modern day hog barns that's productive that's, you know, producing a lot of pork out there for you. And, you know, if you watch our videos, I think you can make the, you can form your own view,
Starting point is 01:07:54 but, you know, we almost got 30,000 people that support us and follow us and watch our videos. And they got, they, they see no problem with it. And I love that the fact that we're just getting bigger and bigger and showing more and more people. And we got to keep doing that. It's just because I'm so polarizing. I'm so engaging. They're willing to look, they're willing to overlook all the,
Starting point is 01:08:13 all the problems. Yeah. I guess that's right. Pretty much. Anything for torque. Last point here. Crop inputs going up daily. The supply.
Starting point is 01:08:23 Will we have what we need, Dad? Will we have what we need? I felt pretty good. I went to a pioneer agronomy meeting yesterday. and that was good. You know, there's not near enough situations today where farmers get together and see each other. You know, it used to be that everybody had an open house
Starting point is 01:08:44 and, you know, you could run the free lunch crowd pretty much all the way from November to March, but it's not that way anymore. Consolidation has hurt that. Anyway, I got a free lunch yesterday. It was smoked mac and cheese, pork loin chips, chips, and cookies. It was damn good. I enjoy it.
Starting point is 01:09:01 What kind of cookies? Uh, they had a variety. Chocolate chip. They have the M&M once. They had the chocolate. Yeah, yep. I left Sawyer home because he had work to get done. I, you know.
Starting point is 01:09:11 So I was sitting there and I was feeling pretty good because I've made my, uh, my chemical, uh, supplier has already extracted his pound of flesh from me and giving me his pricing and all that. But they were talking about how supply is so limited that you may, like if your chemical supplier calls you and says, hey, I'd like to deliver whatever, take it. Don't say, oh, I don't want it yet because it might be that we're one, we're one, you know, trucker alley away.
Starting point is 01:09:42 Yeah, I've not been able to get it. And then we were talking, you know what I love about, I've said this before, but there's no better business than to be in the fertilizer business for corn and soybean growers, because here is, you cannot argue against them. There's no way you can argue against them. Because we're looking at crop
Starting point is 01:10:02 prices being really high. Commodity prices are going to be high this fall. So guess what? You need everything you can get. You need to maximize your yield. Right. You need to get every bushel you can. So don't skimp on fungicide. Don't skimp on P&K. Make sure that your P&K is right. And then split up your nitrogen, but don't, you know, don't skimp on your nitrogen. Just make sure that you're, you're breaking it up and so that you're not wasting any. and, you know, don't skimp on your seed treatment because you need every bushel you can get. Well, guess what?
Starting point is 01:10:39 When commodity prices are cheap, you know what they say? Well, boy, commodities are cheap. So, you know, to pay this rent and to pay all this stuff, you need every... Maximize healed. You need every bushel you can get. So you better get all... I mean, it's a no-lose deal.
Starting point is 01:10:55 Yeah. I just, I screwed up. I should have gotten into that chemical dynasty. I think you did all right with hogparts. Yeah, it was a good deal. It was good. It was good. But anyway, so I was sitting there and we were talking about that, and I thought about fungicide.
Starting point is 01:11:09 And so I messaged my chemical dealer, and I said, you know, what about fungicide? Are you comfortable that you're going to have supply? Do we need to prepay for it? Whatever. And he just says to me, he goes, well, there isn't any fungicide yet because nobody's made any. And I was like, what? He's like, yeah, they don't even start making fungicide until after, you know, all the
Starting point is 01:11:31 all the chemicals that are going to get sprayed, they do all that because the same companies make a lot of that stuff. So he goes, yeah, they don't even worry about making it until after. And I'm like, oh, how's that going to work? He goes, ah, who knows, we might not have any. Might have enough?
Starting point is 01:11:46 Sure, we won't have any extra. Great, that's freaking, that makes me feel better about it. So I guess let me know. If you can get it, get it, get it. Yeah, that's what it comes down to. If you can get it, get it. That's the thing. And that's the thing.
Starting point is 01:12:01 That's, it's like a self. It's like when people see that it's a winter storm, what do you do? You run to the grocery store and get a jug of milk and a loaf of bread. Well, now you got all these farmers that are like, oh shit, oh shit. So they're going to be, you know, everybody's going to be, everybody's calling. Yeah, I want my fungicide. I'll prepay my fungicide.
Starting point is 01:12:18 Well, guess what happens to the price of fungicide probably going to go up. I think that, like we said in the beginning, crop prices are going to be really good come fall. But every bill that I get, And I'll tell you what, this LP was a doozy because we had a really hard winner. And I don't even know if you know this or not, but I got my FS bill the other day. I had a $20,000 LP bill. Holy shit.
Starting point is 01:12:45 We were lucky enough to fill our double site. It's your double site. And Sawyer's site all. Yours wasn't, you know, slouch because it was so cold. We just happened to luck out that we feel just cold as hell. So anyway, everything's going high. Well, we're going to be optimistic, though. Still, you know, the world is crazy out there,
Starting point is 01:13:07 but there is a lot to be grateful for, and there's a lot of opportunity. We always go back to that. There's a lot of opportunity out there for you to make some extra money, do some stuff on the side. You know, there's opportunity everywhere, and there's some good things out there to look forward to, too. And when you look around the world, thank God you're born right here.
Starting point is 01:13:27 I know, and, you know, the people that don't think America is the best country living, just go, go live in Canada. Go live in Ukraine, you know. If you hate it so much here, go. I'm truly am blessed to live in America. It's the best damn country to be born in and live in. I wonder if all the actors and celebrities that said, I'm going to move to Canada. I wonder if they still want to move to Canada. Is the North border in the United States wide open to or is it just a southern? No, it's pretty much. Yeah. But there aren't a lot of Canadians. I was going to say, that's not very, that's not, that's not equal rights. That's not, we're not. We're is the equality there if the northern border wasn't as open as the southern border?
Starting point is 01:14:04 Well, no, the problem is the northern border, there isn't a lot of people just piling up and coming in the United States as, well, I'm just saying, you know, if you're going to say, Canadians might be like, see ya, I'm out. They might be. I don't know. I hope it's all the conservative ones. I hope, well, I think it. Bring your trucks, too.
Starting point is 01:14:24 I think it might be an answer. Bring your trucks. Well, I think we're going to wrap it up, folks. Thank you so much for watching. Share the show if you got anything or you agreed with us on anything. Do your own research like always. Form your own views. This is just us talking and sharing our opinions and what we think on certain stuff. We appreciate every single one of you guys. Get some merch if you want, snag it. And we'll see you guys back here next Friday.

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