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FinanceBy Davide Barbuscia NEW YORK (Reuters) -Investors are betting harder on a September Federal Reserve interest rate cut after last month’s mild inflation bump, which indicated the pass-through from President Donald Trump’s sweeping import duties to goods prices has so far been limited. July inflation numbers released on Tuesday came in largely within expectations, strengthening traders’ bets the Fed will start cutting rates at its next policy meet…See the Story
Investors Double Down on September Fed Cut After CPI
Coverage: 6 sources
Stock Markets · United StatesUSDA predicted on Tuesday that corn farmers would see a record crop this year. Over 1.5 billion bushels more than the previous record. But this enormous supply is not benefiting corn farmers. The demand for corn has not been able to catch up, which has caused the price of corn to plummet. It now sits at $3.90 a bushel, back to the price between 2016 and 2018, according to Chad Hart, an economics professor at Iowa State. Low prices, in this case,…See the Story
Predicted Record Crop Hurts Corn Farmers
100% Center coverage: 2 sources
Chuck Grassley · United StatesU.S. Senator Joni Ernst says the timeline for Congress to move forward on a so-called “skinny” farm bill is up in the air. “That’s yet to be determined but I know Senator Boozman really wants to get this over the finish line. We do continue to meet and have committee meetings on the various topics […]
The post Ernst says farm bill is needed this year appeared first on Brownfield Ag News.See the Story
