And why would anyone considering a talk to the Iowan Pork Producer Indusyry a valid source for the geo-political and local situation of Europe?
Re:How Bad Europe’s Energy Crisis Is
by throwaway0a5e on Wednesday August 31, 2022 @11:41AM
(#32663674)
Anyone balls deep in commodities is necessarily deeply interested in the trends for commodities that are below them in the stack, such as energy.
Because it's part of the economy! All sorts of non-intellectual goods make up the economy. We eat sausage, sausage comes from abroad, Germans can't make sausage because of Russian gas drop off, etc.
Because they have a vested interest in understanding the parts of the global economy that affect their competitors.
The LNG price graph shown a few minutes from the given timestamp is very relevant.
Re:How Bad Europe’s Energy Crisis Is
by selimthegrim on Wednesday August 31, 2022 @11:42AM
(#32663701)
I’m sure the CME a few hundred miles away is listening loud and clear and they certainly have a stake.
Re:How Bad Europe’s Energy Crisis Is
by wodenokoto on Wednesday August 31, 2022 @11:18AM
(#32663255)
Then why are you sharing it?
America's Pork Producer Industry is quite knowledgeable about producing pork, which involves competing with global Pork Producers. The LNG section of the video contains insights you may apply to other aspects of your life.
Personally, I was unaware of the differences in the price of LNG between Europe/China and North America, and I was completely blindsided by how much recent developments in the Ukrainian conflict have exacerbated the differences!
The video is from a talk at an Iowan Pork Producer Industry event, not an academic presentation. His audience (the Iowan Pork Industry) was likely very happy to hear this news, given that it is bad for their competitors.
>Maybe it's because I'm not American
I wouldn't extrapolate Iowan pig farmers to all United States citizens.