NEWS
Markets Watch Default Debate
Katie Micik DTN Markets Editor
Wed Oct 16, 2013 03:44 PM CDT

OMAHA (DTN) -- The financial markets aren't acting as if there's a real chance Congress will let the U.S. default by not passing an increase in the debt ceiling, several agriculture economists told DTN.

"Markets view this as, here we go again; It'll be resolved at the last minute," Purdue ag economist Chris Hurt said. The stock market's wavered up and down this week, but is up almost 200 points around noon Wednesday. Volatility indexes are low; most of the bond markets haven't seen major changes this week, he said.

"You might be on a fool's errand," Purdue ag economist ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Washington Insider -- Friday
New Rural Infrastructure Fund
Washington Insider -- Thursday
Ag Policy Blog
Ag Policy Blog
Senators Meet with McCarthy
Washington Insider -- Wednesday
Washington Insider -- Tuesday
Ag Policy Blog
Washington Insider