Farmerjan's journal - Weather

SageHill

Herd Master
Joined
Aug 27, 2022
Messages
3,008
Reaction score
11,246
Points
463
Location
Southern CA
That California bank going down is not a good omen. I saw a couple of articles about Wells Fargo and BOA today that shows it may be getting worse. SVB was heavily invested in government securities and they were losing money at a crazy rate. Supposedly, they had a very large number of people that had millions in the bank and the FDIC will only pay 250,000.
SVB had a lot of venture capitalists and a lot of start up companies - earlier in the week announced they needed to raise $2.25 billion to shore up their balance sheet. That started the avalanche of of venture capitalists and startup companies pulling their accounts.
Not good at all. This admin could care less about our economy. They only care about their own $.
 

Mini Horses

Herd Master
Joined
Sep 4, 2015
Messages
9,299
Reaction score
29,363
Points
728
Location
S coastal VA
GREAT on the calves!! Hope the heifer buyers are paying as much plus delivery.

Saw an article about beeves in cold storage being at excellent levels. But groc levels still really, really high. Going to goat auction today. Hoping prices are as good. Not taking any but watching the bids.
 

murphysranch

Herd Master
Joined
Jan 13, 2010
Messages
425
Reaction score
1,666
Points
303
Location
Southern Washington State
I followed Silicon Valley Bank cus its where I raised my children until I left San Jose in 2009. When I got up at 6:30 yesterday a.m., there was already news about the run on the bank that started the day/night before, when the Venture Cap companies told their clients to GET YOUR MONEY OUT NOW! I also followed it on Reddit yesterday and today.

Its the second largest failure behind Wash Mutual. 1000's of employees at various companies didn't get their paychecks yesterday. Hopefully the Fed's get it cleaned up this weekend, and fund some of the payroll systems.

For institutions/companies that had their millions in that bank, the FDIC insurance will cover a tiny drop. It will be up to the Feds to manage to get the balance sheets settled, else the ripple effect will be greater.

Feds yet again gaining control of one of the top 20 US banks. Not good.
Feds yet again bailing American's out. Not good.
Other banks at risk? Oh yes....
I went to US Bank yeserday and pulled out some cash. Small bills. Will probably go again on Monday and repeat. I joked with the branch manager that I'd like to pull 50K out right now and he started to laugh and look under his desk for his IOU slips.....just sayin'........
 

farmerjan

Herd Master
Joined
Aug 16, 2016
Messages
10,201
Reaction score
38,777
Points
748
Location
Shenandoah Valley Virginia
I followed Silicon Valley Bank cus its where I raised my children until I left San Jose in 2009. When I got up at 6:30 yesterday a.m., there was already news about the run on the bank that started the day/night before, when the Venture Cap companies told their clients to GET YOUR MONEY OUT NOW! I also followed it on Reddit yesterday and today.

Its the second largest failure behind Wash Mutual. 1000's of employees at various companies didn't get their paychecks yesterday. Hopefully the Fed's get it cleaned up this weekend, and fund some of the payroll systems.

For institutions/companies that had their millions in that bank, the FDIC insurance will cover a tiny drop. It will be up to the Feds to manage to get the balance sheets settled, else the ripple effect will be greater.

Feds yet again gaining control of one of the top 20 US banks. Not good.
Feds yet again bailing American's out. Not good.
Other banks at risk? Oh yes....
I went to US Bank yeserday and pulled out some cash. Small bills. Will probably go again on Monday and repeat. I joked with the branch manager that I'd like to pull 50K out right now and he started to laugh and look under his desk for his IOU slips.....just sayin'........
Joking but scary on the branch manager's reaction....
 

farmerjan

Herd Master
Joined
Aug 16, 2016
Messages
10,201
Reaction score
38,777
Points
748
Location
Shenandoah Valley Virginia
Morning... can't say good because I TOTALLY DESPISE DST..... I spend weeks and months ALWAYS feeling like I am running behind...

Besides, it is March 12 th and it is SNOWING..... Yep... they have been calling for it... cars, deck, and most of the ground is white but it looks to be letting up a little and it is right at 32....
We won't get a huge accumulation... maybe up to 1- 2 inches total... but it was a cold day yesterday, with the temps all week down in the upper 20's/low 30's at night, days were in the upper 40's but the wind kept it very chilly feeling out there. Cooling off the ground temps even though they were/are above freezing.
Supposed to be back in the low 60's by the end of the week.

Going in to do dishes and figure out some stuff to put in oven and maybe bake something to warm up the house... clothes to fold from bringing in the other day and paperwork to catch up on the cows/calves, who is where.
Went with DS late yesterday aft to do some feeding and he wanted to get a few things into the arena at deb's under roof before this weather... also took one baler to the aug co. farm and put it in the shed and got the last 3 bales of hay to bring back and feed from there.
Went up on the hill at doug's farm in the back and there were at least 6-8 new calves... DS said that he hadn't had time to get them moved out front to the "calving pasture"... and that the gate between them and the other group with fall calves was open and some got mixed in together.. so they will have to be sorted out.... I am just at the I don't care anymore because he cannot get things done and moved and when I offer to help or do something it falls on deaf ears. Not losing anymore sleep over it. I will be glad when the bulk of the heifers are sold and then maybe can get my cattle moved to one place together...

Talked to the guy about the fence here at the house and he said he would call and come by and go over what I am thinking then get back to me with a price...
Also talked to the young guy that used to work for DS that I called my "adopted grandson".... he works for the state now and still runs cattle on the side... he bought one of the 2 Gelbvieh bulls we just got.... and his uncle does remodeling... told him to ask if he would be interested in coming to look at the upstairs ceilings and getting some other work done around here... Like I told him, and he knows DS well... and that just because he is my son, doesn't mean I am blind to his good intentions that never get done... and that I really want this house to get done this year... DS is never going to get anything done he has promised... and I am really really tired of waiting... Just like the fruit trees that didn't get moved again this winter... he can't see further than the end of his nose with catering to her, and now the extra effort to make time for her daughter and the sister's 2 kids... they are his "family" and he is going to put his effort into them and my things will never get done. I know that and have finally accepted it. Time to go forward from here.
We will still continue to do cattle things together because it is advantageous to me... but I am looking out for , myself, first, now. Fact of life... it will not change.

The greenhouse/shelter that I got several years ago at TSC has started to come apart... the "plastic" cover is fraying and splitting... sun and wind damage... and is splitting down the ridgeline.... so am looking for something more "solid" and hard paned "glass/hard plastic" type.... I will probably try to get a replacement cover for this, or get some just "greenhouse" type plastic for it since the frame is still good... but want something more sturdy and solid for long term. You know how the sun just degrades the woven plastic stuff... like the cheaper tarps that degrade... this has been good for 2 years but it is just not holding up. Can't complain too much as it was originally under $300 new... But with the wind here, a more rigid type would be better... This one took a beating this past year with the wind....

Since it is "noontime" I need to get something done...
 

farmerjan

Herd Master
Joined
Aug 16, 2016
Messages
10,201
Reaction score
38,777
Points
748
Location
Shenandoah Valley Virginia
I'm not a big fan of Harbor Freight but they have some decent greenhouses. I got on their mailing list for coupons and got a 6X8 greenhouse for around $250 with the coupon.
Thanks, @Mike CHS I will go on their website. There are 2 within 20 miles south and 30 miles north of me.
 

SageHill

Herd Master
Joined
Aug 27, 2022
Messages
3,008
Reaction score
11,246
Points
463
Location
Southern CA
Thanks, @Mike CHS I will go on their website. There are 2 within 20 miles south and 30 miles north of me.
Now you've all gone and done it - thinking greenhouse. Oh geeze I need one even less than I need new chickens. :lol: hopefully I'll shiny object on to something else and forget this one for awhile.
 

Baymule

Herd Master
Joined
Aug 22, 2010
Messages
33,103
Reaction score
98,675
Points
873
Location
East Texas
Now you've all gone and done it - thinking greenhouse. Oh geeze I need one even less than I need new chickens. :lol: hopefully I'll shiny object on to something else and forget this one for awhile.
Focus! Focus on the prize! WHOOP! Chickens!!

Repeat after me! I will not get a greenhouse!
I will not get a greenhouse!
I will not get a greenhouse!
I’d like to look at a greenhouse!
I’d like to have a greenhouse!
I ordered a greenhouse!
I can’t wait for my greenhouse!
 
Top