Posted by on 21 Oct 2008 at 6:58 pm under Cattle
Purdue University Extension marketing specialist Chris Hurt has some simple advice for nervous cattle producers: don’t panic.
“Odds favor a recession and not a depression. Understanding the magnitude of the recession is becoming easier as the impacts of the past few weeks affect consumer spending, business investment decisions, and trade.
“Markets often anticipate the worst, and if [...]
With the supply side of the corn and soybean price equation becoming more settled, price direction will now come primarily from the demand side, where there are some positive developments, according to University of Illinois Extension marketing specialist Darrel Good.
“Export sales for the week ended October 2 were relatively large and well above the weekly [...]
The implications of the current meltdown in U.S. credit markets is a major concern for agricultural commodities because it calls into question the potential for economic growth in the United States and the rest of the world, according to University of Illinois Extension marketing specialist Darrel Good.
“That concern is reinforced by the sharp decline in [...]
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