Here is what is going on in the agriculture industry this week…
Our first article is from March 15th, 2020 out of The Daily Times. The title of the article is, “Spring arrives early for many, but for some that’s not good.”
This article explains that trees and flowers are leafing out earlier than ever. This years spring is the earliest in the 39 years of records that have been kept. Early spring can cause problems in the natural world and it is risky because of the higher likelihood of plant damage caused by late frosts or early summer drought. Climate change is disrupting natures calendar, especially for when the plants bloom. The purpose of this article is to inform readers on the damage that man-made global warming is causing.
Our second article is from March 18th, 2020 out of the Daily Times. This is a chart that shows the changes in the stick market prices.
Here are the results…
Fuels:
- Crude oil (bbl) – decreased $6.10
- Ethanol (gal) – decreased $3.75
- Heating oil (gal) – decreased $1.04
- Natural gas (mm btu) – decreased $4.74
- Unleaded gas (gal) – increased $3.12
Metals:
- Gold (oz) – increased $2.62
- Silver (oz) – decreased $2.37
- Platinum (oz) -increased $1.16
- Copper (lb) – decreased $3.48
- Palladium (oz) – decreased $0.29
Agriculture:
- Cattle (lb) – increased $4.90
- Coffee (lb) – decreased $0.96
- Corn (bu) – decreased $3.03
- Cotton (lb) – decreased $1.50
- Lumber (1,000 bd ft) – decreased $4.62
- Orange juice (lb) – increased $2.12
- Soybeans (bu) – increased $0.30
- Wheat (bu) – increased $0.25
