Food Prices - Earth Empires Forum

Xinhuan

Member
3728

Dec 21st 2012, 3:38:13

I'm not sure how you count AndrewMose, but today is the 49th day.

"Nov 3 00:00 - Jan 1 23:59" = 60 days exactly
"Current Time: Dec 21, 3:34:08"

Reset ends in 11 days ~21 hours.

This means 48 days and 3 hours have passed since restart started, and today is the 49th day (we're 3 hours into it).

If you are reading off the day number in EEStats graphs, be aware the graphs are woefully wrong, they start counting at "day 0" and ends at day 57"; in reality the "day 0" in eestats is really day 3 because that's when people exit first 100 turns protection and are actually able to sell anything on the public (and day 57 is really day 60).

Edited By: Xinhuan on Dec 21st 2012, 3:40:42
See Original Post

OneMansArmy

Member
376

Dec 21st 2012, 4:15:30

His days may be off, but his message seems more or less correct. The average peak bushel price for this past year has come a little later than the peak in this set seems to be.

However the peak price of bushels has not normally been ~$60. And has not been this high according to eestats since the 02 March 2012 set: http://www.eestats.com/primary/oldmarket/298

It would seem that the higher the bushel price peak is, the earlier people choose to destock their countries.

Other than Earth Empires I also play Battlefield games:
http://www.youtube.com/user/UneManArmy/featured

AndrewMose

Member
1102

Dec 21st 2012, 13:43:19

Originally posted by Xinhuan:

If you are reading off the day number in EEStats graphs, be aware the graphs are woefully wrong

Yep thats what I was doing. Thanks for the correction.

OneMansArmy

Member
376

Dec 22nd 2012, 21:38:32

Looks like someone with a 200mil+ food stock decided to unload today?

Other than Earth Empires I also play Battlefield games:
http://www.youtube.com/user/UneManArmy/featured

oldman

Member
877

Dec 23rd 2012, 2:50:55

I would just like to give some advice...if you have 200m food to unload, do not put everything on at once...it's only going to drop the prices much faster...the primary market isn't big enough to support the full 200m bushels sales since there're also other producers (daily sale is only averaging 200-300m bushels). If you place 200m on, the other producers will just price it lower and the vicious cycle continues and the food price spirals downwards FAST! Instead, if you break up your 200m into parcels, it may sell and prevent the prices from going down too fast. Come on, it's common sense =P

blid

Member

EE Patron
9319

Dec 23rd 2012, 3:26:18

That's true

Originally posted by Mr. Titanium:

Watch your mouth boy, I have never been accused of cheating on any server nor deleted before you just did right there.

oldman

Member
877

Dec 23rd 2012, 3:39:05

also one more tip:

there are at least 8 cashers more than 60k acres and most if not all of them are waiting for food prices to crash before stocking. That's ~$20b/day when they start stocking. Assuming food price at $45, that's about 450m bushels a day which they have to stock. I don't think there's 450m bushels/day being produced. When food demand > food supply, prices go up. So don't rush to sell off your food...

KoHeartsGPA

Member

EE Patron
30,121

Dec 23rd 2012, 8:58:37

LOL i guess i didn't miss out on much by not being able to login for over 48hrs, xcept bonuses...fk... thats my luck theme these past few days, a BIG FAT FK!!!!! Im glad im done with this owner operator fluff :-) 1st week of 2013 im on someone else's truck, breaks down and i call him to fix his truck, ha!!

Mess with me you better kill me, or I'll just take your pride & joy and jack it up
(•_•)

https://youtu.be/...pxFw4?si=mCDXT3t1vmFgn0qn

-=TSO~DKnights~ICD~XI~LaF~SKA=-

S.F. Giants 2010, 2012, 2014 World Series Champions, fluff YEAH!

crest23

Member
4666

Dec 23rd 2012, 14:46:26

Will that be less money, but less hassles?

The Nigerian Nightmare.

Serpentor

Member
2800

Dec 23rd 2012, 20:13:55

My bro was an owner op for a crap courier company that payed him a crap rate, ended up not paying his proper taxes and fk'd himself for a long time in owed taxes. You can make decent money with a good company though.

The EEVIL Empire

KoHeartsGPA

Member

EE Patron
30,121

Dec 24th 2012, 1:57:44

Yes and no, crest, last 3 years i broke even, the figures are larger, the money moved around is greater, but the profit vanished with the downfall of the economy combined with an aging truck, as a driver i will bring home $3k-$4k a month, and after all my expences i will still be able to pay down my debts created in the past 3 years and still be able to build a savings. I ended the year with a bang, truck died in my last day with less then 500 miles from the finish line :/

Yeah, Serp, you need to be careful who you work for, make sure they take all the deduction required so that does not happen, and if you are an owner operator you need to have a good accountant so that you do not have troubles with the IRS, thats the worst entity to have on your ass, they are ruthless colectors :(

xinwei

Member
36

Dec 24th 2012, 3:10:29

Any advice on how to destock?

oldman

Member
877

Dec 25th 2012, 4:20:04

sigh, you guys dumping food are killing each other. $60 to $43 in a matter of days? The cashers are just laughing at you now.

AndrewMose

Member
1102

Dec 25th 2012, 11:39:28

Originally posted by oldman:

sigh, you guys dumping food are killing each other. $60 to $43 in a matter of days? The cashers are just laughing at you now.

we don't have a choice. too many techers dumping stock. Even if we put only enoigh for the Cashers and indys to buy, each techer would only be selling 1/10 of their stock each day.

Xinhuan

Member
3728

Dec 25th 2012, 12:00:39

Heh, a Demo techer jumped to 25m to 81m NW already... seems like its still jumping.

herbs12

Member
694

Dec 25th 2012, 14:41:53

Dump your food everyone! Bushels will crash now hard and stay there for a few days then jump again. But this lets my commie play all my stored turns.

crest23

Member
4666

Dec 25th 2012, 15:17:40

Only one techer is really dumping stock though.

The Nigerian Nightmare.

oldman

Member
877

Dec 25th 2012, 15:20:24

wait for the rebound folks, it's coming.

crest23

Member
4666

Dec 25th 2012, 15:24:27

^ +10

The Nigerian Nightmare.

KoHeartsGPA

Member

EE Patron
30,121

Dec 27th 2012, 1:21:34

I hope so, i put over 50 mil food on market way over where it was selling at, no guts, no glory!

Serpentor

Member
2800

Dec 27th 2012, 2:15:22

Hah. I loaded up on some when it went down to $42. I will not buy your $50 food!!!

The EEVIL Empire

KoHeartsGPA

Member

EE Patron
30,121

Dec 27th 2012, 2:35:13

Damn! ^ lol

Serpentor

Member
2800

Dec 27th 2012, 2:37:43

Sorry. Lol

The EEVIL Empire

oldman

Member
877

Dec 27th 2012, 2:39:29

we have no need for serp, the cashers will buy them up =P

Xinhuan

Member
3728

Dec 27th 2012, 3:12:38

Calling all techers to jump now! Dump your food!

Food price is about as high as it will get, now!

Military prices are going to rise too!

Only 6 days to go in the reset!

Rob

Member
1105

Dec 27th 2012, 3:47:20

Its time to dump now before it nosedives to 36

crest23

Member
4666

Dec 27th 2012, 4:23:02

Food is going up past $60 soon, better go get it while it's still fairly cheap.

The Nigerian Nightmare.

Serpentor

Member
2800

Dec 27th 2012, 5:43:37

Cashers buy it at 70! I've already got mine thanks. :)

The EEVIL Empire

Rob

Member
1105

Dec 27th 2012, 6:36:49

3 of the 4 techers with the biggest stockpiles have yet to dump their stocks. When that hits the market, it will crash - it just depends who releases first

crest23

Member
4666

Dec 27th 2012, 15:00:51

Looking at the daily stats, I think cashers will be in for a sad surprise this set.

The Nigerian Nightmare.

herbs12

Member
694

Dec 27th 2012, 16:33:00

Well it's only a matter of time before everyone plays there stored turns. With food sales they way they have been going the last two days I can foresee it not dropping below 40 until the end. I suppose its a good thing we have SO available to us. I've snagged up some decently priced bushels but not much.

All those hungry hungry tax payers will let lots of ppl destock with higher then average prices. That should balance out there stocks from the stocking of high bushels during stock season.

6 reps
3 Commies
1 dict

110million and up for top 10

Rep 155
Rep 150
Rep 130
Commie 128
Dict 127
Rep 125
Commie 123
Commie 120
Rep 115
Rep 110

That's my take on top ten now

Serpentor

Member
2800

Dec 27th 2012, 17:41:35

Can I be the 128?

The EEVIL Empire

BobbyATA

Member
2384

Dec 27th 2012, 17:43:15

no:P, btw which dict is getting 127M?

Serpentor

Member
2800

Dec 27th 2012, 18:34:54

Poop!

The EEVIL Empire

blid

Member

EE Patron
9319

Dec 27th 2012, 20:39:51

horny anorexic sheep?

Originally posted by Mr. Titanium:

Watch your mouth boy, I have never been accused of cheating on any server nor deleted before you just did right there.

Magellaan

Member
533

Dec 27th 2012, 21:58:41

Hmmrs, I got a measly 200mil bushels as a techer :(

Not MD, fake Magellaan.

Xinhuan

Member
3728

Dec 28th 2012, 1:02:23

Originally posted by herbs12:

I suppose its a good thing we have SO available to us. I've snagged up some decently priced bushels but not much.

What's decently priced to you?

herbs12

Member
694

Dec 28th 2012, 2:30:45

>43

Xinhuan

Member
3728

Dec 28th 2012, 3:11:10

50 is >43. Gogo buy all the food now!

herbs12

Member
694

Dec 28th 2012, 3:32:44

Whoops meant <43 lol not greater then

oldman

Member
877

Dec 28th 2012, 11:05:10

wow $50 food, amazing. My prediction was spot on. heh

crest23

Member
4666

Dec 28th 2012, 15:07:16

And it's going to keep going up.

The Nigerian Nightmare.

Xinhuan

Member
3728

Dec 28th 2012, 15:11:31

Originally posted by crest23:

And it's going to keep going up.

You really think so? Are you buying too?

AndrewMose

Member
1102

Dec 28th 2012, 15:27:22

I now feel silly. It appears that there is quite a bit of stock left to be sold though. Either way I would have been wise to have waited. I wasted >200 turns.

crest23

Member
4666

Dec 28th 2012, 15:51:23

Originally posted by Xinhuan:

Originally posted by crest23:

And it's going to keep going up.

You really think so? Are you buying too?

I think so, this was a high food/low tech set so double whammy for techers, they never had much stock. There's only one farmer over 55k, and one that just recently went over 50k (both aren't Fascists), the rest are tiny except for 2 or 3 30k acre none Fascists.

There are a ton of rep cashers that have been banking turns though some of them have started letting off steam, the average food bought has basically doubled in the past 3 days. Once that food runs out, and I really believe it will, oldman will make you all pay, and if there's anything I know it is to ride oldman's coat tails :-) So yes, I will make you all pay as well.

If oldman is wrong, then I'm screwed :-(

The Nigerian Nightmare.

Xinhuan

Member
3728

Dec 28th 2012, 15:55:02

Well oldman had predicted about 450m food bought from cashers a day, with additional food upkeep required by everyone, should be about 550-650m per day. So it does sound about right.

I think the question is more, when will food start dropping? 4 days from end of set? 3 days from end of set? Or maybe 2?

AndrewMose

Member
1102

Dec 28th 2012, 15:56:13

There will need to be some late set Public Market jumps. That will help me recover some.

Xinhuan

Member
3728

Dec 28th 2012, 17:00:13

Originally posted by herbs12:

6 reps
3 Commies
1 dict

110million and up for top 10

Rep 155
Rep 150
Rep 130
Commie 128
Dict 127
Rep 125
Commie 123
Commie 120
Rep 115
Rep 110

That's my take on top ten now

Lower the Reps in your estimate by about 7-10% each, and that would be my estimate for the reset's top 10. (Yes, that means some of the commies will finish 1 rank higher).

Edited By: Xinhuan on Dec 28th 2012, 17:06:06
See Original Post