You are currently browsing the Market Watch weblog archives for August, 2008.

More U.S. Pork Leaving the Country

More pork is being produced in the United States but less is available for U.S. consumers, according to Purdue University Extension marketing specialist Chris Hurt:

“What does more pork production but less available for U.S. consumers mean? Pork exports grew by 68 percent in the first half of the year and imports fell by 15 percent [...]

Flood Losses and Grain Contracts

Loss of a crop to a flood usually will not excuse a farmer’s obligation to deliver grain at harvest under a forward contract otherwise legally enforceable, concludes a new University of Illinois Extension study.
“The 2008 flood that wreaked havoc on Midwestern farmland and contributed to an increase in grain prices compared to the fall of [...]