The Wall Street Journal reporting rice prices for some futures contracts are spiking to the highest levels since 2011. Economists say the price bump isn’t just due to COVID-19. It also has to do with supply and trade.
The summer show season is uncertain for many 4-H and FFA members who have been caring for their livestock and preparing the show ring for weeks. Some event organizers have found another way using the World Wide Web.
Two million manufacturing jobs could go unfilled by 2025 because many of those workers are retiring. Before the coronavirus hit, many students were going to school at a Case-New Holland Technician Development Program.
Brian Mehlhaf, who custom feeds hogs in Parkston, S. D., decided to head online to try to make a profit. He thought posting hogs for sale on Facebook would be a last resort. Now, the response is overwhelming.
Ethanol plants and DDG facilities closing is a hit to the livestock industry. This is as some producers begin to switch feed rations based on price, availability and in an effort to keep weights from getting too high.
“Our overrun bushels, [the ones not marketed yet] become a challenge,” Jason says. “I’m just not sure without an increase in the crude oil market and an increase in demand from either ethanol or China."