Stock market impacts you

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Last fall, corn and soybean futures experienced a meltdown — due, in large part, to a similar meltdown on Wall Street.

With stocks dropping sharply, investors moved much of their money from riskier investments, like commodities, into safer investments like T-bills and cash.

 Since that time, we have seen further evidence that what happens in the global financial markets has a direct impact on the commodity markets, world trade, the price of food in the grocery store — and your bottom-line.

“Right now, we’re getting paid a little under $10 per every 100 pounds (of milk) that we sell,” says Wisconsin dairy producer Katie Agnew. “A year ago, we were at $25 a hundredweight. So, we’ve dropped quite a bit.”

To read more and to see a video on this phenomenon, click here.

Source: WISN-TV



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Biotal Forage Inoculants

"Biotal offers a range of forage inoculants proven to help win the battle to preserve feed quality and value. Call ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight