Agricultural News
Quantitative Easing Impacts Ag Commodity Outlook
Fri, 05 Nov 2010 5:42:49 CDT
In its latest move to jump start the sluggish recovery, the Federal Reserve announced earlier this week that it will pump billions into the economy. The central bank will buy $600 billion in long-term Treasuries over the next eight months, the Fed said Wednesday. The Fed also announced it will reinvest an additional $250 billion to $300 billion in Treasuries with the proceeds of its earlier investments.
This move is called Quantitative Easing and is actually the second time that the Fed has tried this in order to get the economy moving. It had little effect the first go round.
With this effort underway, commodity prices jumped on Thursday, as it is anticipated that the US Dollar will get cheaper and that will help US Ag Exports. OSU Grain Market Economist Dr. Kim Anderson talked with Lyndall Stout of SUNUP about this move by the FED and how it will impact commodity prices, telling the Host of SUNUP that one thing is certain with this move- more volatility is likely to be introduced into the markets.
You can see Kim Anderson and Lyndall Stout talking about this subject on this weekend's SUNUP on OETA- and if you want to hear the conversation before the markets close for the week here on Friday- you can get a preview by clicking on the LISTEN BAR below.
Besides the Anderson interview- it looks like a full lineup is in place for this first SUNUP show of November. The lineup includes:
This week on SUNUP, Dave Lalman talks about hay quality and how it can impact your supplement budget.
Glenn Selk continues his vaccine discussion with Dr. John Kirkpatrick in our Cow-Calf Corner, this week focusing on mixing live vaccines.
Derrell Peel takes a look at the current state of the livestock market.
In Shop Stop, the guys give a lesson on filling holes in metal.
In the Mesonet report, Al Sutherland and crew detail the cooling trend and analyze the regions at high risk for wildfires because of ongoing dry conditions.
In Naturally Speaking, Dwayne Elmore gives a lesson on mole traps.
And finally, Brian Whitacre gives tips on marketing your agriculture product online and through social media websites such as Facebook.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News
More Headlines...
