Reports were presented on several topics during Tuesday evening’s meeting of the committee that oversees Trenton Municipal Utilities. Attending were Councilmembers David Milka and Cathie Smith; four department heads; and other city officials. No action was taken; although there are indications upcoming projects will require city officials to at least consider increasing water and sewer […]
Soybeans were modestly lower on fund and technical selling, with relatively modest week to week losses thanks to a couple of days of gains. Commodities in general and the broader market continued to respond to concerns about coronavirus and its’ impact on demand and the global economy. The Dow Jones Industrial Average lost more than […]
Chicago Mercantile Exchange live cattle futures were up modestly ahead of widespread direct business. February was $.20 higher at $121.32 and April was up $.05 at $119.80. Feeder cattle were down on the firm move in corn. March was $.70 lower at $135.20 and April was down $.07 at $137.50. By Friday afternoon, light to […]
Large supplies of meat and dairy, possibly record-setting tons, are coming to U.S. consumers. For consumers, this can be good news with lower prices at grocery cases. For producers of beef, pork, chicken, and milk it doesn’t bode so well. In a mid-year baseline update for livestock and dairy, University of Missouri economist Scott Brown […]
