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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (16585)11/14/2004 11:31:36 AM
From: blind-geezer  Read Replies (1) | Respond to of 60908
 
<It's an area where I have almost zero knowledge...>>

which arena are you an expert in ...
I will file it away and ask for your help when need in that arena arises ...



To: TheSlowLane who wrote (16585)11/14/2004 7:34:25 PM
From: JIMAKANCHORAGE  Respond to of 60908
 
Take a look at IBD's charts...
Weat, Corn, Beef, Soy as best as I can recall are all moving lower. Food for thot...

Our snow has melted, only ski-able for a few days, the groomers made one pass so at least its packed.

send some chill down NS



To: TheSlowLane who wrote (16585)11/14/2004 8:10:30 PM
From: The Vet  Read Replies (1) | Respond to of 60908
 
"If the dollar continues to fall will not American farm products become extremely competive?"

Intuitively, that seems right but don't lose sight of the fact that American farms are highly mechanised and use chemical fertilizers the costs of both of which are very sensitive to the oil and energy prices.

Also almost all US farm products are heavily subsidised, WTO rules notwithstanding (as are EU farm products). If the government ability or will to maintain those subsidies erodes then US farms will remain high cost producers. Certainly for local consumption farm products can and will be protected, but don't count on export income.