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05/05/2022
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By News Editors
Why every American should care that diesel prices are surging across the country
Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging even more across the country. Today’s truckstop retail diesel prices hit a new record of $5.32/gallon. Since February 1st, national truckstop diesel prices have increased by $1.57/gallon. […]
05/04/2022
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By Arsenio Toledo
Countries racing to take over global agriculture market following disappearance of Ukrainian and Russian food exports
Multiple countries are rushing to increase their agricultural output to make up for the disappearance of Russian and Ukrainian agricultural exports as a consequence of the war. Ukraine, known as the breadbasket of Europe, is still mostly unable to tend to its rich agricultural fields due to Russia’s invasion. Similarly, due to the Western economic […]
04/20/2022
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By Ethan Huff
As grain prices reach historic highs, China is stockpiling food supplies from around the world
Communist China just made its largest purchase of U.S. corn since May of 2021 as grain prices reach record highs. The U.S. Department of Agriculture (USDA) confirmed the flash sale, which amounted to 1.010 million metric tons of corn purchased by the Chinese Communist Party (CCP) as it attempts to get ahead of the stockpiling […]
03/30/2022
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By Arsenio Toledo
Drought conditions causing surge in cotton prices, raising fears clothes could become more expensive
Freak weather patterns in the United States, including drought conditions in Texas, are affecting the price of cotton, signaling fears that clothes are about to get more expensive. On Monday, March 28, cotton futures in Texas jumped by four percent to reach a price of $1.3171 per pound. At one point during the trading day, cotton futures […]
03/22/2022
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By Mary Villareal
Canada increasing potash output to shore up food production as Russia-Ukraine conflict continues
The world’s largest fertilizer producer, Nutrien Ltd., recently announced its plans to increase potash output by nearly one million tons this year in response to the uncertainty of supply from Eastern Europe. Potash is a key input necessary for producing nitrogen-containing fertilizers. While Canada is the biggest potash producer, Russia and Belarus come in second and third, which […]
03/17/2022
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By Mary Villareal
Inflation, soaring oil prices hobble farmers worldwide
Inflation and increased energy costs have been exacerbated by the Russia-Ukraine conflict, with inflation hitting a record high of 7.9 percent the past week. Even red diesel, which is commonly used for farm operations, is now reaching all-time highs. The continuous optimism just a few weeks ago about the U.S. long-grain rice crop being able […]
03/16/2022
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By Cassie B.
Price increases are hitting farmers hard across the US and the world
Russia’s attack on Ukraine is having economic effects throughout the world, but farmers are among the parties being hardest hit by price increases as a result of the ongoing conflict. The invasion comes as inflation and supply chain issues were already making life difficult for farmers. The president of the Indiana Farm Bureau, Randy Kron, […]
03/11/2022
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By Ethan Huff
The world is headed for a rocky commodities and energy market in 2022: Here are 3 reasons why
The year 2022 is shaping up to be one of the worst in recent history for agriculture and energy commodities, which are already in the throes of extreme volatility. Some had hoped that things would calm down this year now that the first phase of the plandemic has ended, but it turns out that just […]
03/10/2022
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By Mary Villareal
Price of wheat soars to record high as war between Russia and Ukraine continues
The war between Russia and Ukraine has already driven up gas prices. Now, the price for wheat has also surged to its highest level. Wheat price is now at a record $12.94 per bushel, up 70 percent over the last month, as measured by a futures contract on the Chicago Board of Trade. The conflict […]
03/08/2022
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By Arsenio Toledo
Food crisis incoming: War in Ukraine threatening global food supplies, half a billion people at risk of hunger
The ongoing conflict between Russia and Ukraine is disrupting global food supply chains, and experts have sounded the alarm as the war is threatening the food security of nearly half a billion people who rely on Ukrainian and Russian food exports. Every time a massive war broke out in any part of the world, the end result was […]
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