www.gfai.org/news/news.asp?id=612 -
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Published on: 9/5/2008
Last Visited: 9/12/2008
• Regarding the stronger dollar, Marketing Specialist Chad Hart at Iowa State says the dollar has been getting stronger and the market weaker.He agrees with Good's analysis: http://www.econ.iastate.edu/outreach/agriculture/periodicals/ifo/IFO 2008/ifo090108.pdf • Watch the stocks to use ratio says Hart, who notes that percentage was under 15% for corn, beans, and wheat after 2007, with wheat the least in a decade.He says crops may be large, but so is demand and that will keep the stocks to use ratio low for corn and beans.Hart says prices rose this summer because of a lack of a cushion when floods hit.