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Reply #4: Large producers have currency hedges that will allow them to weather [View All]

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Home » Discuss » Topic Forums » Rural/Farm Donate to DU
leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-25-05 02:42 PM
Response to Reply #1
4. Large producers have currency hedges that will allow them to weather
fluctuations. Energy will be a lot higher, if domestic prices finally catch up with rise in global markets. Gasoline pump price, in particular, has been kept artifically low for over a year.

Not much farm equipment is really made in the USA, so new purchases and parts will also rise.

Not good news for cost of production, I'm afraid, particularly those who sell domestically
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