Trade Deficit Sparks Mixed Market Rebound Analysis
AP Business Analyst John Cunniff reports that despite a disappointing October trade deficit causing an initial market drop, the Dow rose over 80 points in three days. Morgan economists argue October distortions and rising export activity hint at stronger fundamentals, with weaker consumer spending possibly improving savings and reducing credit reliance.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
U.S
Dow
United States
Morgan Economic Quarterly
Morgan
Morgan Folks
World market basket varies widely across capitals
A USDA foreign market survey finds Washington DC grocery baskets at 49.74 dollars while Tokyo runs 122.90 dollars and Brasilia 24.30 dollars. The report covers 16 capitals with prices per kilo and per pound for items such as steak pork eggs potatoes sugar and rice, noting quality and seasonality affect comparisons. The study cautions it reflects typical U.S. purchases and is not statistically representative.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
D.C
Tokyo
Brasilia
Brazil
Bern
Switzerland
Bonn
West Germany
London
England
Madrid
Spain
Paris
France
Rome
Italy
Stockholm
Buenos Aires
Argentina
Canberra
Australia
Mexico City
Ottawa
Canada
Pretoria
South Africa
Seoul
South Korea
Department
Foreign Agricultural Service
U.S
Washington, D.C
Futurist predicts 500-fold changes in farming by century end
Agricultural futurist Lowell B. Catlett told Kansas Farm Bureau members that tumbleweeds could become a cash crop and a $500 suitcase-sized box might supply all farm electricity. He predicted rapid growth in robotics, biotechnology and decentralized power, with cows, crops and cattle processing touched by new automated systems.
MENTIONED IN THIS ARTICLE
Wichita
Kan
Lowell B. Catlett
New Mexico State University
Kansas Farm Bureau
Catlett
Monsanto
Hybritech
Hybrigenetics
KFB Starts Computer Contest For Young Farmers
Kansas Farm Bureau launches the YF R Marketing and Management Contest for members ages 17 to 30. A nine month program uses a paper farm with fake cashless transactions and toll free market data to teach decision making. Deadline is December 28. winner receives 250 dollars, plaque, a year of FB Acres, Market Sense newsletter, trip to the 1989 AFBF Leadership Conference, and marketing series registration.
MENTIONED IN THIS ARTICLE
Manhattan
Kansas Farm Bureau
Yf&r
KFB
Darrell Holaday
Farm Bureau
Kansas
Anderson Ave
Kan
FB Acres
AFBF
Also Mentioned on This Page
University of Michigan
Sweden
Stocholm
FORD
Foot & Ankle Clinic
S. D. Johnson
M. Landry
Olathe
The
Ottawa Herald
Coca-Cola
Case IH
Magnum
Magnum Comfort
Sheldon Equipment Co. Inc
South Walnut
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