Due to last week’s natural calamities in Japan, the global trading markets are going down, even the prices of some daily commodities like the pork, which is one of Iowa’s highest export. Jim Tausz, a financial analyst in Clarion, the central town of Iowa, states that what happened in Japan is something that would affect all markets and recovery would not be that easy.

Japan is actually America’s number one importer of pork. And Jim Tausz believes that this is just the beginning and what took place in Japan will really have a huge impact in the world. Some Iowans, according to Tausz, especially those who have investments in some commodities might withdraw or give up their assets because of the apprehensions. Especially now that the Japanese nuclear power plants are really considered as huge threats.

Although there are some light in this situation in terms of the opportunity to invest in other alternatives like coal, since this is still China’s main source of electricity. And another possibility to look at is the slight decline of crude oil prices.