Mary: This is Mary Walden with economist MW, welcoming you to the economic perspective. Today’s program looks at changes in eating out. Mike, the average person now spends as much eating out as they do on eating meals they…
Monthly Archives: November 2016
South Carolina Producers Complete 2016 Harvest with Mixed Results
In the final crop progress report for South Carolina for the 2016 growing season, there were just shy of seven days suitable for field work, about the same as the previous week. Russell Skipper with Horry County reports that…
Livestock Losses from Matthew
It’s taken a while, but North Carolina Department of Agriculture’s Emergency Programs Division feels that they can release some definitive numbers regarding livestock losses due to Hurricane Matthew almost two months ago. Sharon Stewart, Director of the North Carolina…
Castro’s Death Doesn’t Spell Immediate Change in US/Cuba Relations
Fidel Castro’s death refocuses attention on U.S.-Cuba ag trade reforms at a time when the incoming Trump administration may have second thoughts about reforms. American Farm Bureau Federation trade adviser Dave Salmonsen says little has changed politically in Havana…
Livestock Markets Soften on Perceived Demand Woes
Cattle futures continued to slip on Tuesday, falling back from three-month highs notched last week as traders work to gauge the strength of demand for beef at slightly elevated prices. December live-cattle futures dropped 37 to $108, February live-cattle futures…
NC Cash Grains Lower
At the 3 weekly livestock auctions held Monday at Canton, Siler City and Turnersburg a total of 2,053 cattle and 45 goats were sold. Slaughter cows were mostly steady to $7.00 higher; slaughter bulls were mostly steady to $5.00 higher.…
NC State Ag Economist Dr. Mike Walden – “Is China Following the US?”
Mary: I’m Mary Walden with economist MW, welcoming you to the economic perspective. Today’s program asks if China is following the US. Mike, China greatly expanded its manufacturing sector in recent decade – some say at the expense of…
Western Wildfires Have No Effect on Christmas Trees
North Carolina’s Ag Commissioner Steve Troxler says that the wildfires in western North Carolina are close to being contained, and if the rains come today and tomorrow as forecasted, that should put a large dent in those that remain. There…
Oil and Gas Futures Moving Higher with OPEC Meeting Coming Up
Cattle futures pulled back from a three-month high Monday, pressured by profit-taking after a week-long rally, as traders work to gauge the strength of beef demand ahead. December live-cattle futures dropped 145 to $109, after reaching the highest close since…
NC Cash Grains Move with Futures
Broiler-Fryers: The North Carolina broiler-fryer market was steady and the live supply was adequate to meet the moderate demand. Average weights were heavy. The estimated slaughter for Monday in North Carolina was 3,015,000 head compared to 2,765,000 head last Monday.…
