Trey Davis

Farmer. Cattleman. Family Manager. I do what they tell me to.

[Trey Davis @henrydavisiii]

@FarmerTheta Some us are farming today 😎🇺🇸

[Josh Linville @JLinvilleFert]

Our biggest need is urea. We import over 5m tons per year and a new world scale plant would likely cost $4 - $5 BILLION.

If every one of those dollars went to one company, it would not be a large enough investment to get started.

[Trey Davis @henrydavisiii]

A tanker of tractor fuel is today still approximately $1.00 / gallon above what I paid pre Iran.

Fwiw. 🥸

[John Rich🇺🇸 @johnrich]

The first auto brand to make a pickup with ZERO TECH will sell out so fast it'll make their head spin. No brain, no GPS...just engine, transmission, rear end, and get the hell outta my way:)

[Douglas A. Boneparth @dougboneparth]

Lawmakers don’t need stock trading to support their income. They need to do their damn jobs. Absolute grifter mentality. When they finish “serving” our country, they can go make all the money they want. Not sure how this is even a discussion.

[Geiger Capital @Geiger_Capital]

Kevin Warsh refreshing bond yields right now

[Trey Davis @henrydavisiii]

And salaries and benefits pause anytime there’s a shutdown.

[First Squawk @FirstSquawk]

WARREN BUFFETT: “FIXING THE US DEFICIT WOULD TAKE 5 MINUTES”

“MAKE ALL MEMBERS OF CONGRESS INELIGIBLE FOR RE-ELECTION ANY TIME THE DEFICIT EXCEEDS 3% OF GDP”

[Trey Davis @henrydavisiii]

Got to be the first POTUS ever with this attitude.

Who is advising??

[First Squawk @FirstSquawk]

PRESIDENT TRUMP: “IF GAS PRICES KEEP RISING, LET THEM RISE. I’M NOT BOTHERED.”

[Trey Davis @henrydavisiii]

@cer_hedge We’d have to rally to the 5/8s to get CLOSE to profit from a production standpoint 😕

[Trey Davis @henrydavisiii]

Term limits and access to vehicles and equipment without advanced emissions standards and that person has my enthusiastic support.

[Trey Davis @henrydavisiii]

@CBKimbrell Hard assets or get left in the dust.

[Trey Davis @henrydavisiii]

@steffensenry25 @ElliottHenders7 @SecRollins @ChuckGrassley @RepAshleyHinson @FarmCPA @agritalk My 2 aren’t new. Last series of the 690s with extended warranty.

You can lose 25% of yield with down time too when you miss peak plant and harvest.

[Jesse Kelly @JesseKellyDC]

Nothing gets by these guys.

[Chris Robinson @cer_hedge]

Does this give everyone with contacts in Iran time to put on a position and scalp a few $100M?

[Trey Davis @henrydavisiii]

@steffensenry25 @ElliottHenders7 @SecRollins @ChuckGrassley @RepAshleyHinson @FarmCPA @agritalk No. I don’t need one. I need two.. and it’s either keep one under warranty or risk a motor going out which will run you 90k plus on a shop bill.

[Trey Davis @henrydavisiii]

@ElliottHenders7 @SecRollins @ChuckGrassley @RepAshleyHinson @FarmCPA @agritalk I agree. At the end of the day subsidies are for continuity of the industry. For a consistent source of food, fiber, fuel and I do not think (right or wrong) that they’re going away.

[Trey Davis @henrydavisiii]

They’re definitely related but separate in that if we’re going to have subsidies then there should be no limit on the amount received.

You already have to meet AGI and actively engaged requirements to receive them. Those two should prevent big corporations and ultra wealthy from receiving funds out the gate.

The debate of if subsidies are/should exist is separate in my view, it is its own debate.

I agree that the market has artificial floors and ceilings bc of subsidies but I don’t see those ever going away. As a capitalist and student of markets I’d probably prefer it being completely wide open but again, we play the hand the dealer has dealt.

I also think the same farms/ppl who are big and successful now would still be big and successful without any subsidies. It’s just understanding business structures etc. imo.

It all leads to more consolidation just at different speeds.

[Trey Davis @henrydavisiii]

@ElliottHenders7 @SecRollins @ChuckGrassley @RepAshleyHinson @FarmCPA @agritalk I see. Constructive debate wasn’t on the agenda.

Oh well.

To your original post. Payment limits and subsidies are different.

[Trey Davis @henrydavisiii]

@ElliottHenders7 @SecRollins @ChuckGrassley @RepAshleyHinson @FarmCPA @agritalk No sir. Parents and siblings and we all work here daily.

And with that we’d still leave $ on the table in a max PLC situation.

[Trey Davis @henrydavisiii]

Separate debate. Payment limits vs subsidies.

I do think subsidies are a price we pay as a nation with a trade deficit bc our cost and standard of living are higher than our trade partners.

Look to the Dutch and British and learn from what they did both right and wrong at the height of their trading empires.

Again, if we’re going to have payments/subsidies then no limits.

Could safety nets be better crafted? Most likely.