Tuesday, April 1, 2008

Two Point Reversal


BLACKFOOT--According to Time magazine the price of wheat has hit a record high on the world market reaching the $12-dollars a bushel mark. The sudden spike in wheat can be traced directly to record high crude oil prices which also hit the $100 per bbl. The sudden price hike for the basics like bread, corn, eggs and potatoes has been causing unrest in Saudi Arabia where inflation has topped 6.5%. That's lead to protests and even riots throughout the Middle East.

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Congress considers Farm Bill this week

Washington--House Ag Chairman Mike Conaway finally get the House farm bill to the Senate this week, but it all depends on House Republic...