Farm belt rage over MF Global could chill markets

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Pigeon
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Farm belt rage over MF Global could chill markets

Post by Pigeon » Tue Nov 22, 2011 2:04 pm

Wonder how much the cost of grain and feed will rise due to MF Global rip off.

http://www.reuters.com/article/2011/11/ ... 6I20111122

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Egg
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Re: Farm belt rage over MF Global could chill markets

Post by Egg » Tue Nov 22, 2011 2:18 pm

It really is the perfect storm. I posted a month or two ago (I think) about how beef will rise about 5%.

The whole marketplace is riddled with corruption. It's like a corporate style batman movie.


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Pigeon
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Re: Farm belt rage over MF Global could chill markets

Post by Pigeon » Tue Nov 22, 2011 2:23 pm

Beef has been a steady rise for the last couple of years.

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Egg
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Re: Farm belt rage over MF Global could chill markets

Post by Egg » Tue Nov 22, 2011 2:27 pm

A 5% jump is a large one though, I think.

I wonder if it's because grass has gotten more expensive.


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Pigeon
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Re: Farm belt rage over MF Global could chill markets

Post by Pigeon » Tue Nov 22, 2011 2:33 pm

I would say it has been close to 20% as year.

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Egg
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Re: Farm belt rage over MF Global could chill markets

Post by Egg » Tue Nov 22, 2011 2:35 pm

No wonder I eat so much chicken.


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