U.S. Energy: May Tight Oil Production Expected to be Lower than April’s

🕔Apr 22, 2015In the April Drilling Productivity Report (DPR), EIA estimates that total crude oil production from the seven U.S. regions analyzed, which together accounted for about 95% of domestic crude oil […]

U.S. Energy: Gasoline Specifications Change and So Does the Price

🕔Mar 26, 2015While the vernal equinox on March 20th marks the first official day of spring, the transition from winter-grade gasoline to spring-grade gasoline, an intermediate step in the shift to summer-grade […]

U.S. Energy: Cold Weather Fuels Distillate Demand

🕔Mar 19, 2015The Northeast is experiencing a colder-than-normal winter. Population-weighted temperatures from October through February were 11% colder than the National Oceanic and Atmospheric Administration (NOAA) projected at the start of the […]

Keith Good: $4.8 Billion Hit to Farm Program Possible Over 10 Years

🕔Jan 30, 2015Policy Issues David Rogers reported yesterday at Politico that, “Falling crop prices are raising cost projections for new farm programs even before producers have signed up this spring. “The Congressional Budget Office […]

Keith Good: Farm Banks See Spike in Demand for Loans, Survey Finds

🕔Jan 29, 2015Economic Matters Reuters writer Christine Stebbins reported yesterday that, “U.S. grain farmers are boosting demand for loans from farm banks as five-year lows in crop prices squeeze operating budgets ahead of spring planting, according to a […]

Keith Good: Pacific Trade Pact Close to Completion, Official Testifies

🕔Jan 28, 2015Trade Reuters writer Krista Hughes reported yesterday that, “The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back […]

Keith Good: Pork Prices Drop as Hog Herd Recovers from PEDv Outbreak

🕔Jan 27, 2015Economic Matters Kelsey Gee reported yesterday at The Wall Street Journal Online that, “Bacon lovers breathe easy: the hog shortage that sent prices to new highs is over. “In the futures […]

Keith Good: Farmland Holds its Value Despite Drop in Commodity Prices

🕔Jan 26, 2015Economic Matters Elizabeth Williams reported on Friday at DTN (link requires subscription) that, “No one expected farmland prices to stay strong as commodity prices tumbled lower in 2014. But unlike corn prices, […]

Keith Good: World Grain Inventories Headed for Highest in 30 Years

🕔Jan 23, 2015Economic Matters Bloomberg writer Rudy Ruitenberg reported yesterday that, “World corn output will beat a November forecast, the International Grains Council said, lifting the estimate an eighth time on improved prospects for […]

Keith Good: U.S. Sorghum Demand Spikes as China Imports Increase

🕔Jan 22, 2015Economic Matters David Kesmodel reported in today’s Wall Street Journal that, “While many U.S. farmers grappled with lower grain prices last year, Mike Baker had an ace up his sleeve: sorghum. “The […]

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