You probably already know that we are facing a global banking crisis, as it has been widely reported all over the news. However, this is not a recent problem – as a matter of fact, the current situation began in 2008 and has been dragging on since then. The downturn of that period was never fully overcome and the effects of its temporary solutions have now become one of the primary reasons for the financial instability. As important as that may be, can you tell how exactly it affects pork producers and the swine industry? That is the central question I ask two specialists in this episode: Richard Brock and Dr. Glynn Tonsor. It's your time to stay up to date on the consequences of the crisis for our sector and learn tips to overcome these challenging times."We're now facing an environment which we hadn't seen since 2008 and seeing a lot of people make management decisions. So there's not a lot of history there to draw from as to how people will act and react to these types of adverse market conditions." - Richard BrockWhat you’ll learn:(00:00) Highlight(01:48) Introduction(05:33) The US banking crisis(13:48) Comments on interest rates(19:39) Trends on interest rates and hog prices(24:58) Navigating through difficult times(29:58) Three final questionsMeet the guest: Dr. Glynn TonsorExperience:Current: Professor in the Department of Agricultural Economics at Kansas State University (KSU)Past: Assistant Professor at Michigan State UniversityBackground:Ph.D., Agricultural Economics (Kansas State University)B.Sc., Agribusiness/Agricultural Business Operations (Missouri State University)Connect with the guest!Meet the guest: Richard BrockExperience:Current: Owner and President of Brock AssociatesBackground:M.Sc., Agriculture and Business (Cornell University)B.Sc., Agriculture (Purdue University)Connect with the guest!𝗟𝗶𝘀𝘁𝗲𝗻 𝗼𝗻 𝗔𝗽𝗽𝗹𝗲 𝗣𝗼𝗱𝗰𝗮𝘀𝘁𝘀, 𝗦𝗽𝗼𝘁𝗶𝗳𝘆 𝗼𝗿 𝗮𝗻𝘆 𝗺𝗮𝗷𝗼𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺.The Swine it Podcast Show is trusted and supported by innovative companies like:- AB Vista- Adisseo- Genesus- Evonik- Cloudfarms- Bioverse- Eastman- MS GoldGive us a Rating & Review - http://getpodcast.reviews/id/1460280128

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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