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Restaurant spending surges in January

The latest consumer price and spending data from the USDA’s Economic Research Service and the Bureau of Labor Statistics show a continuation of food-price trends, with beef prices continuing upward ahead of other animal-based foods. One notable piece of information from the reports, however, illustrates how the U.S. food-service sector has fared as the economy improves.


Iowa beef producers see value and stability on trade mission to Japan

The largest importer of U.S. beef told Iowa producers that they expect reliable access to a steady supply of high quality U.S. beef. The issue came up at every importer meeting held during a recent Iowa Meat Trade Mission to Japan. Iowa beef producers Steve Rehder, Hawarden, and Connie Richards, Tingley, were on the mission, Feb. 14-20, 2015.


Natural gas prices mixed to start March

Most natural gas prices in the East, Midwest, and South rose moderately over the week. The Henry Hub spot price rose from $3.17/MMBtu last week to $3.26/MMBtu yesterday. However, midweek, Henry Hub spot prices reached a weekly low on Friday, February 27 of $2.77/MMBtu before bouncing back by the end of the week.


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