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Falling oil prices should indicate cheaper fuel

Falling oil prices should indicate cheaper fuel

For the past several weeks and even several months, oil prices have held fairly steady, remaining in the mid-$60 per barrel range. But, thanks to OPEC’s increased production, that trend is no more. Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said banks were predicting a drop. DeHaan said that fuel prices drop along with oil prices, and that’s a trend that should continue for a while. For more information, visit GasBuddy.com.

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The rock that feeds the world: Inside a Canadian Potash mine

The rock that feeds the world: Inside a Canadian Potash mine

Most farmers are familiar with potash as a key source of potassium on a fertilizer tag, which helps crops grow stronger, healthier, and more productive. But fewer have stopped to think about where it actually comes from. Before it ever reaches a field, potash begins...

Taking a look at WASDE estimates despite government shutdown

Taking a look at WASDE estimates despite government shutdown

The impact of the government shutdown continues to be felt, as today was supposed to be the October WASDE report. However, we can still look at the trade estimates to get an idea of what this month’s report could have looked like. Allendale commodity broker Greg...

Farm aid delay is another shutdown casualty

Farm aid delay is another shutdown casualty

It will take Congress to replenish the Commodity Credit Corporation, assuming that is the course the administration takes to fund emergency farm aid growers need now. But new appropriations were not in the cards, and the government was shut down. House Appropriations...

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Strong potential for U.S. beef and pork in UK

Strong potential for U.S. beef and pork in UK

U.S. Meat Export Federation (USMEF) Chair-Elect Jay Theiler, executive vice president of corporate affairs for Boise-based Agri Beef Co., recently traveled to the United Kingdom on a trade mission with Idaho Governor Brad Little. Theiler said the group met with...

AFBF asks Congress and White House for farm aid

AFBF asks Congress and White House for farm aid

Farmers and ranchers are facing extreme economic pressures. The overall U.S. farm economy is in very bad shape, and the long-term viability of the sector is in danger. Brian Glenn, director of government affairs for the American Farm Bureau Federation, said costs have...