Brighton Capital @brightoncap.bsky.social · 2hIndeed. Two excellent paragraphs 🔽 (I did some "research" and the guy who fell off the deck was unsuccessful in his lawsuit; the guy with the bottle rocket in his bum - the stick presumably - might have escaped with potentially serious burns.) 010
Brighton Capital @brightoncap.bsky.social · 4hSix pct of american women, seven pct of men could defeat the bear, one-on-one. Or so they "think" 020
Brighton Capital @brightoncap.bsky.social · 22hOne of the dumber ideas I've heard, and I've heard many. ;-) It doesn't sound like this does a thing to reduce consumption and it mucks up the price signal (we used to be a capitalist country) just to bribe voters with a 24 ct/gal tax phantom tax savings b/c the roads still need to be maintained. 181
Brighton Capital @brightoncap.bsky.social · 23hFertilizer: How bad is the phosphate (DAP & MAP) business in the US? So bad that this chart, when drawn for the about-to-end Q3, will have sulfur at $700/LT (source: Mosaic CEO). And an operating rate of 58% means a problem w/ fixed cost absorption. Nutrien somewhat better off b/c diversification. 040
Brighton Capital @brightoncap.bsky.social · 29/09/2026Another fine example of "buy headlines, sell newspapers" This time it was mostly a force majeure announcement on the Mountaineer Xpress nat gas pipeline on Thursday. Back in operation Sunday afternoon. 030
Brighton Capital @brightoncap.bsky.social · 29/09/2026In case you get a Bar Trivia question, here are the top ten US corn producers and the current statewide average price per/bu (calculated by BarChart). 011
Brighton Capital @brightoncap.bsky.social · 29/09/2026The most expensive fighting force in the world and a rebel force with intermittent funding both go to war with mis-matched uniforms, including jungle camo in the desert. -Clausewitz (ICYMI, the United States early in Iraq) 001
Brighton Capital @brightoncap.bsky.social · 28/09/2026Texas joins Louisiana as a snowflake state lifting diesel restrictions (state taxes; not clear who's going to cover the federal tax). Appears to be even more permissive than LA which was for farm and logging trucks only. A global refining center with already cheap fuel... 042
Brighton Capital @brightoncap.bsky.social · 28/09/2026Diesel cost in the US is a buck a mile right now (Assuming that's a good MPG value. No idea. I think this site uses only EIA-reported data so the prices should be pretty good) mondaydiesel.com/costpermile/...mondaydiesel.comDiesel cost per mile (at 6.5 mpg) | Monday DieselDiesel fuel cost per mile: 100.4 cents/mi for the week of Sep 21, 2026 at a stated 6.5 mpg reference, from EIA's Monday on-highway diesel price. Fuel cost only. 010
Brighton Capital @brightoncap.bsky.social · 28/09/2026Seems like a lot, and their entity-wide costs in little ol' Rochester, MN ought to be a lot less than NY or LA, perhaps except for the world class physicians and researchers that can name their price. 110
Brighton Capital @brightoncap.bsky.social · 28/09/2026@maaronweber.bsky.social ICYMI. bsky.app/profile/what... 130
Brighton Capital @brightoncap.bsky.social · 28/09/2026Grain transportation cost indicators. Spoiler: they're higher. (this free weekly report has everything. Way TMI if you're not in the biz but you can skim it for trends. Click "latest issue") www.ams.usda.gov/services/tra... 141
Brighton Capital @brightoncap.bsky.social · 27/09/2026Here's what a very educated, experienced and connected guy - with a couple of personal blind spots circa 2012 - is thinking. (If you're following crude closely, you might skim over the barrel math)wsj.comOpinion | How to Put Time Back on the Clock in IranThe more oil that flows from the Gulf, and the less the world demands, the better for the U.S. effort. 010
Brighton Capital @brightoncap.bsky.social · 27/09/2026Not holding my breath. Too many vote against their interests. Is it b/c they like the bigotry & hatred? Too many believe sound bites ("a vegan as Sen. leader, oh no!") and WTH is this guy waiting for: "I'll decide on Election Day. Farmers are Republicans but not fans of the war & rising costs."wsj.comAmerica’s Farmers Are Rethinking Their Loyalty to the GOPTariffs, imported beef and rising gas, diesel and fertilizer costs fuel bitter feelings among rural voters. 1141
Brighton Capital @brightoncap.bsky.social · 26/09/2026Bunch of cry babies in Louisiana. Peak harvest season? Pfft. The only things they produce at scale are three forms of sugar (direct or indirect) and the first two are highly subsidized, esp. sugar cane. Grow a spine! ;-) 151
Brighton Capital @brightoncap.bsky.social · 25/09/2026Eye opening. Nearly 50% cuts at one, another where no one pays list price but they keep it way up there for prestige. Most of them prob. have business depts that should have helped them with pricing long ago. Physician, heal thyself. Anyway, I agree with Lizzo: About Damn Time!wsj.comColleges Once Saw High Tuition as a Sign of Quality. Now They’re Slashing Prices.As more families balk at costs, some schools are starting to make changes. 060
Brighton Capital @brightoncap.bsky.social · 25/09/2026Commies in the commodity business! I thought I'd seen everything. ;-) 031
Brighton Capital @brightoncap.bsky.social · 25/09/2026Use it or find a different way to trade? "AI was asked about implications of a ban on US diesel export... It took a matter of seconds... it would have taken skilled and experienced trading analysts some time to work out likely price moves and how best to profit" www.reuters.com/commentary/r...reuters.comCOMMENTARY: AI challenges fuel trading's old guardThe Iran conflict has put a spotlight on the somewhat murky world of refined fuel trading as the world battles constrained supply and record-high prices. But it is AI that may bring the trading of die... 010
Brighton Capital @brightoncap.bsky.social · 25/09/2026My total is 14/100 complete or most of a season. Amish people surreptitiously watch more. ;-) 120
Brighton Capital @brightoncap.bsky.social · 25/09/2026<semi-serious comment> It's all been downhill since more Amish Orders allowed cellphones. They used to rely on regular newspapers and community newsletters for information. 030
Brighton Capital @brightoncap.bsky.social · 25/09/2026@afarmerinohio.bsky.social A kindred spirit. bsky.app/profile/thej... 020
Brighton Capital @brightoncap.bsky.social · 25/09/2026A commodity lesson, using Cal-Maine and eggs. You can be a very large, efficient operator but if you're a price taker you bump around +/- breakeven. HPAI hits but barely grazes you and it's Ka-Ching! HPAI mostly goes away in 2023 and 2026 and it's back to B/E or losing money. 1/2 120
Brighton Capital @brightoncap.bsky.social · 25/09/2026They don't all make a killing. Eight or nine years of taxes, maintenance, selling fees and no appreciation. She should have rented in 2017 and put the $25M purch price in low-cost Vanguard index funds. 😜wsj.comExclusive | Angelina Jolie Sells Los Angeles Home for $24.75 MillionThe “Lara Croft: Tomb Raider” star bought the Los Feliz estate for about $24.5 million in 2017, after filing for divorce from Brad Pitt. 161
Brighton Capital @brightoncap.bsky.social · 24/09/2026This guy is the king of cosplay: cop + soldier + cowboy. 260
Brighton Capital @brightoncap.bsky.social · 24/09/2026I was looking something else up (grew up near Oberlin) and this caught my eye. Democrats must be doing a rotten job forcing all the kids to become trans. To hear MAGA tell it, the "X" percent is 50%. <shrugs> 071
Brighton Capital @brightoncap.bsky.social · 24/09/2026Pooh Bear rarely looks interested, engaged or happy. I bet he and Melanie would hit it off. Also, nice matching ties. /photos NYT 030
Brighton Capital @brightoncap.bsky.social · 24/09/2026Natural Gas - the December futures contract *almost* made it six months below the pretty blue line (50d m.a.). Follow me for even more insightful technical analysis. ;-) 130
Brighton Capital @brightoncap.bsky.social · 24/09/2026WSJ Leadership Institute: "That big Chevron interview is TODAY? Send the intern to TJ Maxx! We need some crap to put on the shelves." 030
Brighton Capital @brightoncap.bsky.social · 23/09/2026Fantastic installation! And the answer to the question below is "George Clooney drowns" 020
Brighton Capital @brightoncap.bsky.social · 23/09/2026Huevos! One week from now Cal-Maine reports Q earnings. We'll see if their attempt to become less of a pure play on egg prices is working. For now, market remains quite skeptical b/c they still sell a lot of non-differentiated eggs. 020
Brighton Capital @brightoncap.bsky.social · 23/09/2026Better listen to these guys, they're in pre-med. 110
Brighton Capital @brightoncap.bsky.social · 23/09/2026TL;DR. Everyone says terrible idea. It will raise US gasoline prices significantly, disrupt system flow here and abroad, raise global distillate prices which will increase shipping and airfare to US, etc etc. Even his Secy of Energy (note: an industry guy) says don't do it.wsj.comTrump’s Oil Allies Fear Losing Battle in Bid to Stop Diesel-Export BanAmerican oil companies are fiercely opposed to the president’s nascent plan to ban exports of diesel, but vulnerable Republicans are putting pressure on him. 240
Brighton Capital @brightoncap.bsky.social · 23/09/2026I'm not one to worry much about keeping up with the Joneses, but tonight I was riding my bike and a couple in front of me had the brightest headlights I've ever seen. I switched my very weak by comparison light to strobe mode when I passed them to avoid embarrassment. #GonnaNeedMoreLumens! 150
Brighton Capital @brightoncap.bsky.social · 23/09/2026No one in DC knows/cares about when Arab OPEC members refused to sell the US oil, or the US refused to sell Russians grain. These things have LT consequences. Also, and until I'm blue in the face, US farmers are not facing catastrophe. Prices are good and they've already rec'd non-budget billion$. 191
Brighton Capital @brightoncap.bsky.social · 22/09/2026As noted in the second post, private equity is contributing to this, but also the huge, private Mars, Inc. Yes, the candy people; they've been in pet food forever.marsveterinary.comOur Companies - Mars Veterinary Health 110
Brighton Capital @brightoncap.bsky.social · 22/09/2026No shopping at Sam's Club, Costco or on Fifth Ave (seriously). The first two are moot unless they have a membership card, so they may have to settle for I ♥️ NY t-shirts and foam 🗽 crowns from a sidewalk vendor.wsj.comIran’s President Gets Rare Opportunity to Make His Case to the WorldMasoud Pezeshkian is expected to speak at the United Nations on Wednesday, giving him a platform to rail against the U.S. and try to sway the world to Iran’s side. 020
Brighton Capital @brightoncap.bsky.social · 21/09/2026These bird brains (Grassley's comment in the article is much the same) act like everyone in Iowa is a farmer and they're the only constituent group that counts. www.wsj.com/politics/ele...wsj.comWorried Republicans Back Ideas to Lower Diesel, Gas Prices Before MidtermsSenate hopeful Ashley Hinson supports a diesel-export ban, saying Iowans “shouldn’t have to foot the bill” for the war. 160
Brighton Capital @brightoncap.bsky.social · 21/09/2026@afarmerinohio.bsky.social I bet you're happy. I saw a guy in the grocery store last night with what looked like a brand-spankin' new Ohio State hoodie. Brave man, opening himself up to ridicule like that. My hat remains hiding in the closet; mourning period not over yet. 110
Brighton Capital @brightoncap.bsky.social · 21/09/2026Agree. The post below sounds like Orange Man wanting to prop up an adversary. Potash is *not* the problem with the overall cost of fertilizer - it's sulfur and ammonia (the latter used for all nitrogen-based fertilizers). 3319
Brighton Capital @brightoncap.bsky.social · 21/09/2026@waiterich.bsky.social Thought of you last night while in the grocery store. I was buying a package of ciabatta and had the urge to tell a shopper "did you know..." but it was late and the bakery dept was mostly empty. ;-) 010
Brighton Capital @brightoncap.bsky.social · 21/09/2026Diesel/distillates: Couple of good charts in this article, including: www.eia.gov/todayinenerg... 052
Brighton Capital @brightoncap.bsky.social · 21/09/2026I forgot that P. Krugman went to Substack when this showed up in my email. Decent explainer if you don't follow these things. paulkrugman.substack.com/p/of-donald-... 010
Brighton Capital @brightoncap.bsky.social · 20/09/2026Urea fertilizer: Chart 1, price charged to farmers (retail), has dropped about $200/ST from recent peak. Chart 2, wholesale, barge load qty in New Orleans, dropped $360 (50%!) from peak, now down $260 from peak. Retail prices *seem* kind of sticky (not very familiar w/ retail). 061
Reposted by Brighton CapitalSteven (with a PH) @sjksalisbury.bsky.social · 20/09/2026Christening a baby is nothing like christening a ship. I know that now. Once again I can only apologise. 159190983837
Brighton Capital @brightoncap.bsky.social · 20/09/2026Looks like I picked the wrong week to get short Peruvian anchovies. On a serious note, the anchovy harvest is one of the O.G. indicators of a strong El Niño. I think the majority of fishmeal is now used for farmed fish, where cheaper plant-based proteins are not as palatable. IMF data through Aug. 0122
Brighton Capital @brightoncap.bsky.social · 19/09/2026I buy these occasionally because the passive-aggressive language cracks me up. I always thought it came from the insufferable Scandinavians, but no! I finally read the box and it's the Germans! Also, they promise "quality with integrity" just like Tegrity Farms. 170
Brighton Capital @brightoncap.bsky.social · 18/09/2026US residential heating oil. Chart below is LT history of delivered values in nominal dollars, Oct-Mar, thus the gaps. Mar 2026 spiked to $5.15 b/c of war and based on current delivery quotes this fall will start at $5.50 to $6.20, most at $6/gal, "C.O.D. or we break your knee" 071
Brighton Capital @brightoncap.bsky.social · 18/09/2026New money-making idea: buy diesel in a neighboring state for $6.50/gal, smuggle it into Calif and sell it to shady people for something less than $8.00. **This violates state and federal taxation, environmental and who knows what other type of laws, but I bet someone's trying it** 231
Brighton Capital @brightoncap.bsky.social · 18/09/2026A life in politics rots the brain. Karl Rove editorial, at a stage in life where he ought to speak the truth. He does wrt to the bigot Bo French, but then says he's going to vote for every other "Republican" on the TX ballot, including the P.O.S. criminal Paxton. www.wsj.com/opinion/why-...wsj.comOpinion | Why I’m Voting for a Texas DemocratBo French’s bigoted tweet after a football game is part of a long and ugly pattern. 020