It's About Liberty: A Conservative Forum
Topics => General Board => Topic started by: John Florida on August 14, 2014, 12:40:59 PM
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Thank Putin for our tumbling food prices
Grrr! Why does all news have to be presented so negatively? Last week, Vladimir Putin may have done the most positive thing he could for American consumers' wallets: He banned U.S. chicken imports. Immediately, the outpourings were negative. The Washington Post pointed out that the ban is "also starting to negatively affect a number of U.S. food industries," particularly chicken. We send $300 million in chickens to Russia every year. The chicken industry? Is that the real ramification for something that is eaten by tens of millions of people in this country? The pain in the chicken farmer's budget?
http://money.msn.com/top-stocks/post--thank-putin-for-our-tumbling-food-prices (http://money.msn.com/top-stocks/post--thank-putin-for-our-tumbling-food-prices)
Don't forget that related industries are going to be effected.
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Can he stop buying beef, also?
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Can he stop buying beef, also?
And bacon?
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I can't look it up but beef was on the list pork wasn't that I remember.But you can believe that feed prices will drop and flocks will be reduced in size if there is no market for them.
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Must be some effect, lean hog prices have slid after rising so fast.
http://finviz.com/futures_charts.ashx?t=LH&p=w1 (http://finviz.com/futures_charts.ashx?t=LH&p=w1)