USDA's acreage numbers injected a substantial amount of uncertainty into both markets that appears set to stay in place throughout the summer, according to University of Illinois agricultural economist Todd Hubbs.
Americans eat nearly 50 billion burgers a year—about 3 burgers a week for each person in the U.S. While May 28th is National Burger Day, we can’t help but add a slice of cheese to celebrate all over again!
Recent price support caused by a lower national yield forecast dissipated this week, as negative consumption news and improving weather for harvest appeared, says University of Illinois ag economist Todd Hubbs.
“It seems to me that the folks who want to buy vegan burgers...they would appreciate it not being labeled as meat or a meat food product,” said Andy Gibson, Mississippi’s Commissioner of Agriculture and Commerce.
There's a mysterious and sometimes deadly weather pattern in which the jet stream stalls out over a region. A University of Chicago study explains the blocking phenomenon that has baffled forecasters until now.
However, has there been any progress on other trade deals? With the markets swinging up and down during Monday's trading session, what is happening?
AgDay and U.S. Farm Report reporter Betsy Jibben has the story.
News is breaking late Friday. President Trump is announcing of a Phase 1 agreement between the U.S. and China concerning trade. Clinton Griffiths, the Host of AgDay, has analysis from a Washington Correspondent.