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U.S. natural gas prices expected to fluctuate between seasons
06/19/2013 5:30:00 PM
EIA expects that natural gas consumption, which averaged 69.7 Bcf/d in 2012, will average 70.0 Bcf/d and 69.6 Bcf/d in 2013 and 2014, respectively. Colder winter temperatures forecast for 2013 and 2014 (compared with the record-warm temperatures in 2012) are expected to increase the amount of natural gas used for residential and commercial space heating. However, the projected year-over-year increases in natural gas prices contribute to declines in natural gas used for electric power generation from 25.0 Bcf/d in 2012 to 22.5 Bcf/d in 2013 and 22.1 Bcf/d in 2014, although these forecast levels are still high by historical standards. FULL STORY »

U.S. electricity prices grows 1.1% in 2013
06/19/2013 5:00:00 PM
The U.S. residential electricity price averaged 11.9 cents per kWh in 2012. EIA expects the average residential price will grow by 1.1 percent in 2013 and by 1.9 percent in 2014. The residential price during the summer months this year (June-August) is expected to average 12.3 cents/kWh, a 2.2-percent increase from the price last summer. FULL STORY »

Consider oats as a double crop after wheat
06/19/2013 4:40:00 PM
On May 1 of this year, not only were Ohio hay inventories down 55% from this time last year, but they were at their lowest since at least 1950. FULL STORY »

Jolley: What is to become of beef?
06/19/2013 4:35:00 PM
My mother-in-law hated lamb. She grew up during the depression when national consumption was much higher than today’s paltry .8 pounds per capita. She saw it as a cheap protein resource when she was a tot and was appalled at the price it commanded when she grew older. FULL STORY »

Ag markets moved generally higher Wednesday
06/19/2013 4:00:40 PM
Corn futures resumed their early-week rally Wednesday after dipping Tuesday night. General supply tightness probably offered support despite news of diminished ethanol industry production last week. FULL STORY »

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