The Lamb schedule was back another 30c a kg at the weekend. Its  getting a bit scary. The works are worried, its a good time to slow down processing while the market sorts itself out.  Talley's lpost some money in the meat processing industry last year, a year of record demand a prices. There will be alot more restructuring throgh the year, costs are out of control and the ones at the bottom get it in the neck. The sheep boom appears to be over and its back to normal.
 In the States my daughter tells me Petrol is up another 10c a gallon, people are in shock, big trucks and cars are history.
http://www.californiagasprices.com/index.aspx?fuel=B
ANALYSIS: EZONE, IRAN & CHINA – IS US HEGEMONY ABOUT TO UNRAVEL?
http://hat4uk.wordpress.com/2012/02/26/analysis-ezone-iran-china-is-us-hegemony-about-to-unravel/

Waiting for reforms and a clear economic strategy.
Unfortunately only high unemployment rates will be the beginning of most needed “Intellectual Revolutions”, then often triggered by the wrong people – ending up in riots and worse.

Seems Holden is in line for an aussie taxpayer bailout plus a state taxpayer topup....hundreds of millions....oh boy it's a bailout scramble...who wants some dosh....line up here....don't push now the printer has plenty of paper and ink.
What a fabulous route the aussie political liars are taking...headlong into the same shite to join Barry Obama.
http://www.theaustralian.com.au/national-affairs/holden-puts-hand-out-for-250m/story-fn59niix-1226281992055

Skudiv - there'll be work. More and more of it. We use fossil fuels like we had some hundreds of slaves apiece, on demand 24/7. Turn the key and a hundred shovel-by-hand equivalents burst into life. Paid?  That's another story.

So, do you know how many economic theories treat

resources as if they are nite? Well, the researchers at the O.E.C.D say “none” – that no such theory exists. Economic

theory either ignores this little problem or assumes you reach out and take the needed resources given the normalworkings of supply and demand and you can do it

indenitely

. This is a lack of common sense on a par with “rationalexpectations,” that elegant theory that encouraged the ludicrous faith in deregulation and the wisdom of free markets,

which brought us our recent nancial ascos. But this failure in economic theory – ignoring natural limits – risks far more dangerous outcomes than temporary nancial crashes.

http://www.scribd.com/fullscreen/82746862

This is a fantastic read.

Playing semantics with benefit names it great work for the graphic designers / print brokers / printers etc. What a waste of time.

70 seconds at 7am.
"Schmallengerg virus cases reach 83
 The number of farms affected by the Schmallenberg virus, a new animal disease which causes birth defects and miscarriages in livestock, has increased to 83, the latest figures show."
 
http://www.telegraph.co.uk/earth/agriculture/farming/9109035/Schmallengerg-virus-cases-reach-83.html

70 seconds at 7am.
This will take the gloss off the presidential job creation recovery in our time blather...
http://www.reuters.com/article/2012/02/26/us-analysis-us-factory-jobs-rebound-seen-idUSTRE81P0P520120226