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S&P Credit Research2991 word report
published Apr 16, 2008
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$500.00 available for immediate download
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S&P Credit Research
| Abstract: | If you want to know why U.S. food prices are rising look, in part, to the rising cost of oil. With low gasoline prices a casualty of high-priced oil and a thing of the past, American refiners are increasingly looking to cut the use of gasoline by adding a portion of corn-based ethanol to each gallon. Any U.S. driver will tell you that it doesn't seem to have made gasoline any cheaper. American farmers, on the other hand, have seen historically high corn prices boosting their income and ignited a chain reaction: As farmers plant more corn to cash in, they are reducing the share of land devoted to other crops, leading to higher prices for wheat and soybeans, and
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| Brief Excerpt: | RESEARCH Ratings Definitions Agricultural Commodity Prices Continue Having A Field Day Publication date: 16-Apr-2008 Primary Credit Analyst: Jayne M Ross, New York (1) 212-438-7857; jayne_ross@standardandpoors.com If you want to know...
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| Report Type: | Commentary
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| Sector: | Global Issuers, Public Finance, Structured Finance
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| Free Sample: |
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| Format: | | HTML |  |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
