Results 1 to 4 of 4
  1. #1
    Hall-Of-Famer
    Points: 105,825, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Nov 2006
    Location
    Iowa
    Posts
    3,581
    Points
    105,825
    Level
    100
    Thumbs Up
    Received: 0
    Given: 0

    Corn, Soybeans and Cattle Drop the Limit on Japan Fears





    What was described as “panic selling” caused corn, soybeans and live cattle to drop their limits Tuesday on the Chicago Mercantile Exchange as investment money fled the markets and the uncertainties surrounding the aftermath of the earthquake/tsunami in Japan.
    The earthquake has taken about ten percent out of the cash value of Iowa’s grain and livestock production since last Thursday night, according to rough estimates.
    “The market is looking for different headlines, and until we get them investors will want to stay out,” said analyst Darin Newsome of DTN in Omaha. “The earthquake has left a huge hole in the market.”
    Newsome added “Japan is bringing its money home, and that leaves U.S. fund managers scrambling. This is a big round of liquidation
    Japan fears sink corn, beans, livestock | Des Moines Register Staff Blogs



  2. #2
    Giving it a go
    Points: 254,698, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 2.0%
    Achievements:
    SocialVeteran50000 Experience Points
    chadm's Avatar
    Join Date
    Apr 2006
    Location
    Midwest
    Posts
    14,603
    Points
    254,698
    Level
    100
    Thumbs Up
    Received: 11
    Given: 3

    Re: Corn, Soybeans and Cattle Drop the Limit on Japan Fears

    So much for the thread about no grain surpluses.


    I don't know the key to success, but the key to failure is trying to please everyone.

  3. #3
    Speechless
    Points: 394,212, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 87.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    57,774
    Points
    394,212
    Level
    100
    Thumbs Up
    Received: 405
    Given: 293

    Re: Corn, Soybeans and Cattle Drop the Limit on Japan Fears

    Is it okay to make ethanol now?


    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  4. #4
    Pro
    Points: 29,565, Level: 52
    Level completed: 84%, Points required for next Level: 185
    Overall activity: 0%
    Achievements:
    Veteran25000 Experience Points
    CyPride's Avatar
    Join Date
    Oct 2008
    Posts
    2,508
    Points
    29,565
    Level
    52
    Thumbs Up
    Received: 0
    Given: 0

    Re: Corn, Soybeans and Cattle Drop the Limit on Japan Fears

    Quote Originally Posted by Wesley View Post
    Is it okay to make ethanol now?
    no.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • Football
  • Iowa State vs. North Dakota State
  • August 30, 2014
  • 11:00 AM