News Links
More Ag News
- NRD to host Tree Pruning Workshop March 16
- FFA Spotlight
- Improvement Funds Available for Older Bioenergy Plants
- USGC Finds Success in FOODEX Show
- Tyson Plant Resuming Production
- U.S. Beef and Pork Export market Sluggish
- Russia Re-Lists Pork Providers
- Animal Standards Fight Restarts in Ohio
- NCGA Backs Changes in Cuban Trade Restrictions
- Senators Want Action on Cuban Trade
- Groups Against GHG Regulation Under CAA
- Alternative View of Workshop Offered
- ASA Presents at Workshop
- Organizations Submit Statements
- Technology Successes Noted by Workshop Participant
- USDA-DOJ Competition Workshop Held
- Animal Care Legislation Moving in Missouri
- Idaho Considering Livestock Care Standards Board
- POET Tightens Water Use
- U.N. Climate Report To Be Reviewed
- USDA organic initative sign up period extended
- USDA Tightening Guidance on Pork Contracts
- Neb. ag college wants soliders to farm
- Farm Bureau Reports on Views of Young Farmers and Ranchers
- More Testimony on Cuban Trade-Travel
- Rural Jobs, Rural Opportunities conference coming to Kearney
- FB President Testifies on Cuban Trade Issues
- House Ag Discusses Benefits of Trade with Cuba
- Vilsack makes appointments to Beef Board
- NCBA Commends Senators for beef trade resolution
- Gov. Heineman Calls on Congress to Stop EPA Regulation
- Senators Want Japanese Restriction on Beef Lifted
- NAWG President McReynolds Testifies on Cuba trade
- Current Cuban Embargo Works Against Growers
- Kansas Farm Bureau "Insight"
- Grassley Reacts to President’s Trade Movement
- NAFEC President Testifies
- Nebraska Grain Sorghum Board Meeting Scheduled
- USGC Announces International Conference
- President Forms Export Promotion Cabinet
Ag News
Committee to Look at Swaps and Derivatives
Published Friday, October 10, 2008 at 04:55 AM
Harking believes - more oversight and regulation of these markets is needed. Swaps and derivatives function in many respects like futures contracts traded on exchanges regulated by the Commodity Futures Trading Commission. Harkin adds - for that reason, the Senate Agriculture Committee hearing will explore the scope of CFTC's authority under existing law and whether this authority is adequate in the wake of the current financial crisis.
Derivatives are financial instruments theoretically intended to limit risk and ward off financial problems. But with some doubts in the market as to how companies would value them, derivatives have created uncertainty and have increased risk. According to a published report, the derivatives market includes contracts and instruments valued at some 531 trillion dollars, up from 106 trillion in 2002.
© 2008 The Nebraska Rural Radio Association. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.






