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Heinhold urges deflation relief and steadier markets for farmers
Harold Heinhold of Heinhold Commodities spoke at Kansas State University Cattlemen Day, predicting falling farm interest rates to 5 6 percent and a return to moderate inflation in three years. He warned against overproduction, urged debt reduction and land retention, and stressed the need to hedge via futures while noting concerns over corn prices grassland use and cattle on feed. He credited the U S farm program and urged unity to avoid greed beyond $10 an acre.
MENTIONED IN THIS ARTICLE
Manhattan
E.F. Hutton
Harold Heinhold
Heinhold
Kansas State University
Paul Volcker
Heinhald
John Block
U.S. Department of Agriculture
Heinhold Commodities