A number of economic reports for June were released last Thursday, and the news is now full of debate about whether these new statistical indicators are good news, bad news or somewhere in between.A number of economic reports for June were released last Thursday that addressed unemployment, non-farm payrolls, manufacturing payrolls, average hourly earnings and average weekly hours for workers. Below is a rundown:
Payroll jobs rose to 288,000 in June. Private sector jobs were up 262,000, reaching 52 consecutive months of gains. They totaled 1.33 million for January-June, the most job growth in the first six months of any year since 1998. The unemployment rate fell to 6.1 percent in June, down from 7.5 percent a year ago. The median durat...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
