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Politics : View from the Center and Left
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To: Katelew who wrote (64378)5/8/2008 11:30:42 AM
From: TimF  Read Replies (1) of 541832
 
You're struggling to try and apply typical supply-demand feedback mechanisms to agric prices, but you can't right now. That's my whole point.

I'm not sure I understand your point. I'm not struggling to do anything, and you haven't provided any evidence that somehow the price of agricultural commodities is divorced from supply and demand. That's a pretty bizarre statement, and one that would need a lot of evidence to be taken seriously.

let me point out that not even all agric commodities are priced via the CBOT, in fact most aren't.

So? If they trade somewhere else, it doesn't effect any of the points I raised.

All fruits, fishes, and poultry and most fresh vegetables have rational pricing systems. So why are beef and pork products subject to CBOT pricing and not a chicken???

What's rational about their pricing systems, that isn't rational about beef or pork? The only differences you mention seems to be the price or the place that they trade. Higher and/or more variable prices, doesn't equal irrational prices.
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