Retail Industry
Just as American steakhouses are recovering from the first wave of COVID shutdowns, the Delta variant threatens to diminish the appetite for a sector seen as a barometer for full U.S. economic recovery.
Federal officials announced this week mandatory water cuts to the Colorado River, marking the first federal water cuts, and it’s the first-ever water shortage for a river that serves 40 million people in the West.
Biofuels groups are asking for a rehearing on a recent appeals court decision that blocked the sale of E15 year-round. The approval of E15 sales during the summer driving season was made by the Trump Administration.
Fields sprouted the possibiity of big bushels on Tuesday. In Nebraska, scouts saw dryness, but also big potential for soybeans this year. And Indiana’s crops also showed potential records in areas of the state.
A big increase in benefits is on the way for Americans receiving Supplemental Nutrition Assistance Program benefits. The average SNAP benefit will increase for FY 2022 beginning on Oct. 1, according to the agency.
A tropical storm making its way across portions of the U.S. could dampen outlooks for cotton supplies this year. Parts of the southeast are dealing with heavy rains from the remnants of Fred this week.
As scouts set out on the 2021 Pro Farmer Crop Tour Monday they got a soggy start, a good sign for soybeans in August. While Ohio did not disappoint, South Dakota showed scars from the drought with a mature crop.
Shipping issues continue to surface. The latest is in China’s Ningbo-Zhoushan container port, which is the third-busiest in the world, and has been partially shut down for six days, with no sign of reopening yet.
Bruce Blythe shares some initial comments and results from his route through South Dakota.
Crop scouts weave their way across the Corn Belt as the 2021 Pro Farmer Crop tour kicks off. In the West, scouts will start in the drought-stressed state of South Dakota. The eastern leg starts in Columbus, Ohio.