Demand for beef in the US is expected to fall in 2023 as the cattle herd continues to shrink amid severe drought and high feed costs. The resulting high beef prices at grocery stores are forecast to continue shifting consumer demand toward more chicken and pork through the balance of 2022 as well as 2023, …
US Beef Demand Seen Falling in 2023 as Cattle Herd Continues to Shrink Read More »
There is a lot going wrong on the Mighty Mississippi this year. Plummeting water levels have disrupted transportation and industry while low flows have allowed saltwater to push upstream, threatening drinking water supplies. With harvest season in full swing, the compounding problems could not come at a worse time with barges transporting a shrinking amount …
Many companies across numerous sectors are struggling to maintain the shine they were sporting before markets turned sour. That said, the plant-based meat category stands out as a particularly stunning fall to earth. Investor darling Beyond Meat just recently slashed nearly -20% of its workforce, while meat giant JBS has pulled the plug entirely on …
Have Plant-Based Meat Sales in the US Reached a Saturation Point? Read More »
Hedge apples are falling all across America at this time of the year. Despite what your grandparents might have told you, the “hedge apples” that fall from the tree are NOT poisonous. The tree is commonly known amongst the arborist as the “Osage Orange”. Despite its name it’s only very distantly related to the orange …
The night skies could be more spectacular than usual this week, thanks to the Orionid meteor shower, which will be one of the most beautiful meteor showers of the year. The meteor show is expected to peak on October 21-22 and will remain active till early November. The Orionids earned their name by appearing to …
Australia’s wheat farmers were expecting to harvest a near-record crop as recently as September but the return of unrelenting rains in some growing regions is now complicating the outlook. Parts of the country in early October were inundated with three to four times their average monthly rainfall in less than a week. Bumper production in …
Return of Torrential Rains Threatens Australia’s Bumper Wheat Crop Read More »
China is among the many countries that struggled through one bad weather hit after another this growing season. About half the country endured a record-breaking heatwave that lasted some two months while northern regions suffered nearly two months of excessive rains. Corn production was also up against greater competition from soybeans while much of what …
Smaller China Corn Crop Forecast but US Exports Unlikely to Benefit Read More »
Real Christmas tree fans will be happy to hear that there should be a plentiful supply this year after a shortage of both real and fake trees in 2021. Unfortunately, it doesn’t sound like Christmas tree prices have escaped the inflation plague with wholesalers expecting to lift prices anywhere from +5% to +20% over last …
Plenty of Christmas Trees Expected This Year But Be Prepared to Pay More Read More »
Honeywell has announced a new technology to make aviation fuels cleaner and cheaper than ever by converting ethanol into sustainable aviation fuel (SAF). Aviation is considered among the most difficult to wean off fossil fuels as planes require enormous amounts of energy to take off and stay in the air. But according to Honeywell, its …
Honeywell Introduces New Technology to Turn Ethanol Into Aviation Fuel Read More »
Bird flu, aka highly pathogenic avian influenza (HPAI), is wreaking havoc on the US poultry industry again and threatening supplies of everything from turkeys and chickens to eggs. This year’s outbreak is ongoing from the spring wild bird migration, which is different from the previous major outbreak in 2014-15, when cases mostly disappeared over the …
Thanksgiving Turkey, Egg Supplies Could Be Slim as Bird Flu Cases Explode Read More »
