Tuesday, June 15, 2010

Where is the Information?



(click on image to enlarge)

Above is an unbelievable graph. No one could ever believe there is information divided up among so few players to move cheese prices at the CME up and down, repeatedly.
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10 comments:

  1. AnonymousJune 16, 2010 at 4:04 AM

    There's a conspiracy theory behind every chart, isn't there, Bunting? Except when you use the data to "prove" one of your whacky ideas. Suggest solutions. You are the Glen Beck for dairy farmers.

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  2. AnonymousJune 16, 2010 at 8:32 AM

    As we have all been made aware, the same players have been involved in this crap since last fall. When the market has moved up or stabilized they have not been involved, but when they have dumped cheese in and purposedly made lower offers the dips and dives have occurred. The above trader's suggestion is typical. Theyr'e pissed to be outed.

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  3. SkipJune 16, 2010 at 8:48 AM

    The solution is to take farm milk pricing away from processors who trade on the CME, and away from the unregulated CME entirely.A viable milk pricing system that gives a fair share of the milk dollar to everyone involved in the chain is only fair. This first responder is not a starving farmer, and will probably say "life isn't fair" but life can be fairer if there is a system that works for everyone, and not only for the greedy few. John is an advocate for the dairy farmer, and on the other side are millions of dollars of lobby money against the farmer. The reference to Glen Beck is way out of line.

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  4. AnonymousJune 16, 2010 at 7:18 PM

    Way to go John, you touched a nerve. I wondered when these sleeze balls would crawl out of the woodwork to attempt and defend their greed.

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  5. AnonymousJune 16, 2010 at 9:10 PM

    Obviously the first poster has not read, no maybe he cannot comprehend, any of John's or Pete's articles, because all they do is offer solutions to the corruption, but no one at the top has the cahonies to act.

    And, as for the first two sentences, if he does indeed prove ideas by using data, then you just made a fool of yourself.

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  6. AnonymousJune 17, 2010 at 5:13 AM

    Personally I think it would be an honor to be compared to Glenn Beck. He is a person who doesn't spout rhetoric, he backs it up with a ton of research. He uses the hard evidence, thier own words both written and video taped, to confirm his suspicions. He repeatedly says to correct him if he's wrong. The reason Glenn Beck is written off as a whack-job by the leftists in this country is the same reason John and Pete and others like them are called that by the elites in our industry, all they have is name calling when they can't argue with FACTS.DWCovert ps. what if he's right???? what if he's been right all along????

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  7. AnonymousJune 17, 2010 at 5:36 AM

    There's an old saying, if you can't argue the law, argue the facts, if you can't argue the facts, argue the law. If you can't argue either, apparently, the solution is to go on a public relations attack.

    Has the other side resorted to an age old campaign tactic which never works? Be careful when you blow smoke, sometimes you may be blinded by the cloud.

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  8. Bryan GothamJune 17, 2010 at 5:48 PM

    Glen Beck is a real patriot and John Bunting is a patriot of the dairy industry. Have the guts to post your name anonymous when you you get into the mud throwing business. As far as the dairy farmer is concerned when the processors are making a profit or record profits at our expense conspiracy is on the table. The burden of proof is on the processors to prove otherwise.

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  9. AnonymousJune 17, 2010 at 6:20 PM

    problem is if any producer speaks openly, he will probably loose his worthless market.And nothing will be done about it.................................

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  10. AnonymousJune 19, 2010 at 1:34 PM

    Like Carole Knight....this is a quote from the judge that awarded her a settlement when she sued DFA, (then Mid Am)

    In awarding Knight a $356,000 settlement in 1999, Washington Parish Judge Patricia Hedges said, "Mrs.
    Knight wanted answers to her questions, especially those questions about where the money was going and
    why the farmers' checks were decreasing. It is clear that the members of the co-op were deliberately kept
    ignorant of facts."

    http://www.fmpc.uconn.edu/research/milk/Tribune090704.pdf

    ReplyDelete

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