Economist: Cattle producers predicted to see profitable outlook in 2010

Economist: Cattle producers predicted to see profitable outlook in 2010

Agrilife Communications

A weak U.S. dollar has encouraged investment in commodities, resulting in positive activity for agriculture, according to a Texas AgriLife Extension Service economist.

“With regards to index investments, they (investors) buy these as a hedge against inflation, and when you have investment dollars coming out of the closet, many are putting money into commodities and that’s good for agriculture,” said Dr. Mark Welch, AgriLife Extension grain marketing economist.

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