Posts Tagged ‘cotton’

  • foreign investment, world, 16467_11.12_000007395743XSmall

    International Trade: The Story of a Subsidy

    May 11, 13 • 472 Views • No Comments

    Oddly, some US farm subsidies go to Brazil. Imagine a safety net when you think of a subsidy. If prices are too low, then growers get money from the federal government. During the 1930s Great Depression, the goal of subsidies was to sustain a farmer’s...  [read more]

  • Invention, Profit and Economic Growth

    The Real Mother of Invention

    Oct 21, 12 • 531 Views • No Comments

    Saying that profit, not necessity is the mother of invention, economic historian John Steele Gordon starts his column in this week’s Barrons. His focus was the 18th century clipper ships that earned people like John Jacob Astor $50,000 for a single...  [read more]

  • Peanut prices respond to demand and supply

    Peanut Butter Economics

    Oct 20, 12 • 272 Views • No Comments

    Last year, we had a peanut shortage. As a result, Skippy raised its prices and Smucker’s removed its reduced-fat creamy peanut butter spread from supermarket shelves. But now, supply has responded. Predicting a record year, the USDA says the peanut...  [read more]

  • Peanut prices respond to demand and supply

    Peanuts or Cotton?

    Oct 12, 11 • 240 Views • No Comments

    Farmers decided to plant fewer peanuts when cotton prices soared. The result? Now peanut prices are skyrocketing. Here is the story. Perhaps it all began with higher cotton prices. Responding, peanut farmers switched some acreage to cotton. Combine that...  [read more]

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    Cotton or Corn?

    Mar 30, 11 • 304 Views • No Comments

    One farmer told the NY Times, “It’s going to be cotton stalks everywhere.” With cotton prices soaring, acreage in Texas and other Southern states that had been used for wheat or corn now has cotton growing.  The result? A smaller...  [read more]