Brexit

[Ebenezer]

How will this affect cattle prices? Short term or long term?

 

[Son of Butch]

I expect it will strengthen the dollar and hurt commodity prices in usa, but help Australia and South America.

 

[Hunter]

Lots of uncertainty in the FX markets and lots of people are going into the JPY and USD.
Since Friday the GBP is down about 12% and JPY is up 5% vs the USD.
Gold is up about 5% as well and Oil is down about 6%.

 

[Son of Butch]

Some economist said going forward he views only 3 currencies as stable.
Swiss Franc
Japanese Yen
US Dollar
He also said agriculture commodities will remain the most stable of the commodity markets.