AgTalk Home
AgTalk Home
Search Forums | Classifieds (1) | Skins | Language
You are logged in as a guest. ( logon | register )

Trump-a one man wrecking crew
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
WCOH
Posted 6/25/2018 14:06 (#6833370 - in reply to #6833192)
Subject: RE: Trump-a one man wrecking crew


You are correct it's a monster crop, but its time for you grain farmers to look in a different direction. Before the tariff, the dairy industry was set up to come in line with supply and demand due to higher exports and to hold prices at a profitable $16.50 plus per hundredweight CME through the summer and fall. Since Trump threatened the tariff cheese has dropped from $1.60 per pound to $1.20 in ten trading days. Class III milk has lost over $2.00 with a gut-wrenching fifty cent loss today. Beef, pork, and even eggs have responded likewise. These prices have nothing to do with a monster crop, and everything to do with the Trump tax. In the end the throats to be cut eat a lot of corn and soy meal.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)