[Sca-cooks] Current farm prices and affects on feast budgeting

David Friedman ddfr at daviddfriedman.com
Sat Feb 16 10:44:13 PST 2008


>One of the most devestating price indicators for grains and dairy products
>seems to have been that it is a commodity traded publicly in the markets.
>Prices wander up and down periodically (over a couple weeks or months)
>simply due to trading trends.

I don't know anything about that market in general, but I would 
expect exactly the opposite. Speculators make money by buying when 
prices are low and selling when they are high, which tends to smooth 
price movements, not increase them.
-- 
David Friedman
www.daviddfriedman.com
daviddfriedman.blogspot.com/


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