Here is what is going on in the agriculture industry this week…
Our first article is from February 4th, 2020. The article is from the Business section on The Daily Times. It is a chart that shows the changes in commodities on the trade market.
Here are the results:
Fuels:
- Crude oil (bbl) – decreased $2.81
- Ethanol (gal) – no change
- Heating oil (gal) – decreased $3.11
- Natural gas (mm btu) – decreased $1.20
- Unleaded gas (gal) – decreased $2.04
Agriculture:
- Cattle (lb) – increased $0.25
- Coffee (lb) – decreased $4.48
- Corn (bu) – decreased $0.66
- Cotton (lb) – decreased $0.98
- Lumber (1,000 bd ft) – decreased $3.03
- Orange juice (lb) – decreased $1.41
- Soybeans (bu) – increased $0.52
- Wheat (bu) – increased $0.32
Metals:
- Gold (oz) – decreased $0.36
- Silver (oz) – decreased $1.85
- Platinum (oz) – increased $0.91
- Copper (lb) – decreased $0.28
- Palladium (oz) – increased $0.39
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Our second article is also a chart from the business section of The Daily Times. This article is from February 7th, 2020.
Here are the results:
Fuels:
- Crude oil (bbl) – increased $2.88
- Ethanol (gal) – decreased $2.88
- Heating oil (gal) – increased $3.88
- Natural gas (mm btu) – decreased $0.59
- Unleaded gas (gal) – increased $2.99
Metals:
- Gold (oz) – increased $0.48
- Silver (oz) – increased $0.23
- Platinum (oz) – increased $2.17
- Copper (lb) – increased $1.24
- Palladium (oz) – decreased $0.38
Agriculture:
- Cattle (lb) – decreased $0.72
- Coffee (lb) – decreased $0.50
- Corn (bu) – decreased $0.39
- Cotton (lb) – increased $0.24
- Lumber (1,000 bd ft) – increased $3.51
- Orange juice (lb) – increased $0.27
- Soybeans (bu) – increased $0.06
- Wheat (bu) – increased $0.85
In conclusion, it is quite obvious that most of the products are still decreasing, but slowly, more are increasing.
Agriculture Blog 