Thanksgiving week is typically the biggest travel week of the year, but recent COVID lockdowns following a new spike in cases lowered travel this year. Although air travel was up more than expected last weekend, auto travel was down. Last week was the lowest price for gasoline the week before Thanksgiving since 2015.
Ethanol prices were up from 2018 and 2017, but the average inventories for the first three weeks of November were also down 3.5 percent from 2019, 11.9 percent from 2018, and 5 percent from 2017. They were higher than in 2016 and 2015. In mid-October, the American Automobile Association (AAA) projected 50 million travelers for Thanksgiving, but with the new restrictions in November, that forecast dropped to 47.8...
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...
