The WTI Crude oil futures saw its third consecutive day of gains from the impacts of Hurricane Francine in the Gulf of Mexico and the contract remains up on the week. Francine made landfall on Wednesday on the Louisiana coast and has now been downgraded to a tropical storm. It is tracking well inland and is expected to be in northeast Arkansas by this evening. Inland crude production has not been materially affected. Production will soon start to recover, and the hurricane rally may prove to be short lived, but Francine was more impactful than Hurricane Beryl this past July. Hurricane season will last through November.
Nonetheless, infrastructure was taken offline from Louisiana to Alabama, which has an impact on...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
