Tuesday 25 September 2012

Grain Prices and knock on effects!

There is a shortage of Grain, prices have gone up. Farmers cannot afford to feed cattle and make a profit after sending them to market. Farmer slaughters cattle to minimize losses, thereby flooding the market with meat. Meat prices drop initially but are due to surge next year when there is a shortage. A great example of supply and demand, market forces and external forces. I suggest you do your own research on this one and see where else may be effected. Grain Prices

No comments:

Post a Comment