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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.57-0.2%Dec 18 4:00 PM EST

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To: Snowshoe who wrote (113329)9/10/2015 7:32:58 AM
From: elmatador1 Recommendation

Recommended By
Elroy Jetson

   of 218590
 
DEFLATION IS GOOD!!!
“We’re talking huge savings.”Farmers and ranchers are noticing the difference, and while analysts expect the price to tick up a bit when the harvest season begins in earnest this month, they still expect to pay less this year for what are often referred to as the “Three Fs” — feed, fuel and fertilizer.

We’re at a point where we are feeling pretty good about fuel prices across the board. Jim Sartwelle, Texas Farm Bureau economist

DEFLATION IS GOOD!!!For the first time since 2009, the USDA is predicting that total costs for farming will decline, a drop largely fueled by the drop in diesel prices, said Jim Sartwelle, a Texas Farm Bureau economist. The USDA predicts the agriculture sector will spend $60 billion — or about $1.5 billion less — after seeing those prices rise 8 percent annually from 2010 to 2014.

“We’re at a point where we are feeling pretty good about fuel prices across the board,” he said.

Read more here: star-telegram.com
star-telegram.com

Read more here: star-telegram.com
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