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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. […]
03/21/2022
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By News Editors
Warning: There is a looming shortage of gas, oil, and food
Which countries have sanctioned Russia? US, UK, EU, Australia, Japan, New Zealand, Canada, and Taiwan. That would mean that Africa, the Middle East, India, Pakistan, China, Mexico, Central America, and South America have not. There are currently twenty countries under US sanctions, mostly for the purpose of defeating their economies. All of which creates a […]
03/18/2022
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By Kevin Hughes
Increasing soybean oil demand presents new opportunities for American soybean farmers
Demand for soy bean oil – a popular input for a wide variety of products – is increasing. It presents new routes to American soybean farmers, who for years have been accustomed to seeing soybean meal firmly on top of the demand chart. Based on the February database of the U.S. Department of Agriculture Production, Supply and Distribution, soybean […]
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 […]
10/27/2021
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By Cassie B.
Severe drought in South America wreaking havoc on shipping, energy, fishing and drinking water supplies
The effects of the severe ongoing drought in South America can be felt throughout the continent, with the second-longest river there, the Parana River, hitting a 77-year low that is compromising commercial shipping, fishing and the drinking water supply of 30 million people. Paraguay is being especially hard hit. The landlocked nation of seven million […]
10/08/2021
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By Ethan Huff
Germany’s largest ammonia producer slashes output amid escalating energy crisis; food crop shortages anticipated throughout 2022
Natural gas is suddenly not as plentiful as it once was in Europe, which is sending shockwaves throughout the supply chain. The latest casualty is ammonia, with Germany’s largest producer, SKW Piesteritz, having to slash output due to skyrocketing natural gas prices and tight supplies. According to reports, two of the United Kingdom’s largest fertilizer […]
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