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
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Ag Policy Blog
Washington Insider -- Wednesday
Tax Extenders Vote
Ag Policy Blog
Ag Policy Blog
Climate Work Ahead at USDA
Ethanol Campaign Ramps Up
Washington Insider -- Tuesday
Ag Policy Blog
Washington Insider -- Monday