Tuesday, May 11, 2021

Pipeline Shutdown Sparks Fuel Shortage Fears

 
 
 
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May 11, 2021
 
 
 
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Labor Shortage? Data Shows Added Unemployment Payments are Crippling Employers' Ability to Find Workers
 
Restaurants closing early. Sign after sign plastered along roadsides with businesses looking for help. The hiring issue is crippling everything from manufacturing to the restaurant industry today.
 
 
 
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How Does Your Operation Use Technology?
 
50% of farmers think precise control of machine settings to improve yields and reduce input costs is the most important reason to adopt precision ag technology. Do you agree? Fill out our survey and share your voice.
 
 
 
 

USDA confirmed on Monday China purchased just over 1 million metric tons of new crop corn, but the country also canceled 280,000 metric tons of old crop corn. The buying spree signals tight supplies could continue.

 
 
 
 
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Fuel prices were already on the rise, but now a cyber attack on one of the largest fuel pipelines in the U.S. is creating fears about possible shortages. One group says ethanol could help ease supply constraints.

 
 
 
 
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The Climbing Arrow Ranch consisting of nearly 80,000 acres near Bozeman - and featured in a 1992 Robert Redford movie - sold within a week for its asking price after a bidding war.

 
 
 

Corn futures are trading high-range and split, with old-crop 1¢ to 5¢ higher and new-crop down roughly a penny. Soybean futures have reversed early losses to trade steady to 8¢ higher, with nearbys leading.

 
 
 
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Customs officials aren't celebrating after finding some cakes in luggage. See why, in today's AgDay Minute.

 
 
 

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