credit concerns

SwineCast 0385, Ag Lender's Viewpoint with Kent Bang at Pigski

SwineCast 0385 Show Notes:

  • Special Pigski presentation with Bank of the West's Kent Bang looking at credit issues and offering his views of what's ahead.

FED action and the Demand for Pork

     As the US and global recession deepens, the monetary authorities in the UK, the EU and the US are driving interest rates to record low levels.  Today the FED cut the Federal Funds rate, the overnight lending rate to banks, to a range of zero to 0.25 percent which is the lowest rate on record.  The action is an effort to make holding cash by banks so disadvantageous that they are tempted to begin lending in order to earn a return.  The action is meant to increase the money supply, an action which is deemed safe now since its primary danger (inflation) appears as no immediate threat due to slumping demand and rapidly falling prices for everything from housing to gasoline. 

SwineCast 0358 for November 21 2008

SwineCast 0358 Show Notes:

  • Update on the Verasun bankruptcy and this link to Iowa State's regularly updated website on the situation 
  • Chicago traders discuss recent market volatility and how producers should prepare to deal with risk in the future
  • President of the Farm Credit Council discusses availability of credit within the system and why its in better shape than some commercial competitors

SwineCast 0345 for October 6 2008

SwineCast 0345 Show Notes:

  • Special Economic Crisis Backgrounder from Purdue's School of Agriculture presented on October 6, 2008 
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