Posted by Fixerupper on November 14, 2010 at 07:08:07 from (207.199.205.40):
In Reply to: Grain went Down ! posted by j heitkemper on November 13, 2010 at 19:13:58:
The answer is probably in all of the reasons listed below, except for one. Years ago the grain markets were primarily tied into domestic useage, meaning livestock feed and a little bit of human based products produced here in the US. There was some exporting to a few countries but it wasn't nearly as vast as it is now. Today the whole world is involved with our grain trade in more ways than we can count. South America is a growing and marketing soybeans during a time of the year when the US growing season is dormant, so that makes the global soybean market a steady year-round entity. The different currencies of all of the trading countries fluctuate constantly and if the currency of a major country goes up or down in value the buying or selling ability of that country and it's trading partners goes up and down with it. Add to that the instant communications enabled by our modern electronics and we suddenly have an overreacting market. Computers linked to the boards of trade around the world are communicating with each other 24/7 making for relentless volatility. Any small rumor about increased or decreased trade with another country sets it off. It may not be all that major, but that's all it takes. Ok, that's enough! Jim
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Repairing A Massey Harris 22 - by John Reeves. I have just given this old girl (boy?) a replacement RH rear axle. I was lucky enough to find an axle in good shape at a reasonable price - also a replacement for the right rear brake assembly which was
... [Read Article]
Latest Ad:
one 8n and one 9n tractor. totaly restored,pretty much everything is new. one 6ft blade good shape.
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
