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Why beef prices are going up and staying up

From barbecue to burgers to steak, beef is omnipresent in the American diet, but everyday Americans are despairing to find prices rising month after month with no relief in sight.  Consumers are asking why beef prices are so resistant to every effort to lower them. The answer to that question involves a combination of COVID, climate, short-sighted quick fixes by ranchers and policy. In the current situation, price relief may be at least a couple of years away. The American

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Why beef prices are going up and staying up

From barbecue to burgers to steak, beef is omnipresent in the American diet, but everyday Americans are despairing to find prices rising month after month with no relief in sight.  Consumers are asking why beef prices are so resistant to every effort to lower them. The answer to that question involves a combination of COVID, climate, short-sighted quick fixes by ranchers and policy. In the current situation, price relief may be at least a couple of years away. The American

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ENERGY & COMMODITIES NEWS

As oil prices drop, tanker profits rise

Plentiful oil is keeping crude prices stable while driving up demand for oil tankers and profits for tanker operators, according to reports. “Right now, it costs more than $87,000 a day to carry about 2 million barrels from Saudi Arabia...

FOOD & AGRICULTURE NEWS

Why beef prices are going up and staying up

From barbecue to burgers to steak, beef is omnipresent in the American diet, but everyday Americans are despairing to find prices rising month after month with no relief in sight.  Consumers are asking why beef prices are so resistant to...

Brazil’s soaring SAF industry hits turbulence in US

Already on the forefront of developing sustainable aviation fuels (SAF), Brazil’s industry received a big boost recently when a United Nations body certified that Brazil’s SAF production is cleaner than America’s. But recent decisions by the Trump Administration make it...

tanker profits

As oil prices drop, tanker profits rise

Plentiful oil is keeping crude prices stable while driving up demand for oil tankers and profits for tanker operators, according to reports. “Right now, it costs more than $87,000 a day to carry about 2 million barrels from Saudi Arabia to China,” Bloomberg reported on Sept. 16. “That’s the most in 2 1/2 years, exceeding levels seen during a period of intense fighting in the Middle East earlier this year.” Part of the demand is caused because a number of

Read More...
tanker profits

As oil prices drop, tanker profits rise

Plentiful oil is keeping crude prices stable while driving up demand for oil tankers and profits for tanker operators, according to reports. “Right now, it costs more than $87,000 a day to carry about 2 million barrels from Saudi Arabia to China,” Bloomberg reported on Sept. 16. “That’s the most in 2 1/2 years, exceeding levels seen during a period of intense fighting in the Middle East earlier this year.” Part of the demand is caused because a number of

Read More...

ESG NEWS