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Expect national average gasoline cost $3.53 during summer season
06/19/2013 11:15:25 AM
EIA expects that regular-grade gasoline retail prices, which averaged $3.69 per gallon last summer, will average $3.53 per gallon during the current summer (April through September) driving season. The projected monthly average regular retail gasoline price falls from $3.61 per gallon in May to $3.43 per gallon in September. Diesel fuel prices, which averaged $3.95 per gallon last summer, are projected to average $3.83 per gallon this summer. Daily and weekly national average prices can differ significantly from monthly and seasonal averages, and there are also significant differences across regions, with monthly average prices in some areas exceeding the national average price by 30 cents per gallon or more. FULL STORY »

Buckle your seatbelt for the House consideration of the farm bill
06/19/2013 8:55:00 AM
The farm bill had a cakewalk through the Senate two weeks ago. Now it is swimming in a swamp infested with crocodiles as it tries to survive in the House of Representatives. FULL STORY »

Oil gains on lower U.S. stockpile, all eyes on Fed
06/19/2013 7:47:58 AM
Oil prices rose slightly on Wednesday following a drop in U.S. oil reserves, while investors looked to a meeting of the Federal Reserve later in the day for clues on the outlook for economic stimulus. FULL STORY »

Winterkill losses put pressure on forage supplies
06/19/2013 7:00:00 AM
In areas of Minnesota, Wisconsin, the Dakotas, and Iowa, alfalfa winterkill is widespread. Agronomy professor Dan Undersander of the University of Wisconsin estimates that at least 1 million acres of alfalfa in Wisconsin and 0.75 to 1 million additional acres were winterkilled in Minnesota and the Dakotas. FULL STORY »

5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated
06/19/2013 11:24:07 AM
LM_CT100 St Joseph, MO Wed Jun 19, 2013 USDA Market News Service 5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots (Includes all transactions regardless of delivery day) Recap for: Tuesday, 6/18 FULL STORY »

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