The Daily Scoop
 
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January 24, 2023
 
 
 
 
 
 
Is the Bottom In?
 
Natural gas rebounds Monday after hitting lows not seen in a year. John Wenzel, Senior Risk Management Consultant with StoneX has details.
 
 
 

Lettuce Shortage? Parts of Drought-Plagued California Are Now Flooding

From flooding to mudslides, an atmospheric river produced rain that wreaked havoc on agriculture and infrastructure in the state. One of the hardest-hit areas is the Salinas Valley, a large lettuce production area.

 
 
 

California Drought: Looks Promising But the Jury is Still Out

“We keep a close eye on reservoirs, and they're looking promising at the moment,” Matt Comrey says. “But the jury's still out. We need we need probably another good month a month to six weeks of solid rainfall to for growers to get out of the woods.”

 
 
 

Debt Limit Debate: $1 Trillion Coin Not Off the Table

Some legislative officials have discussed the possibility that the Treasury could use an obscure law authorizing platinum coins to circumvent Congress if lawmakers don't raise the debt ceiling.

 
 
 

What's Really Driving Egg Prices 138% Higher in a Year?

Farm Action is asking the FTC to explore why the nation's largest egg company is seeing record-high profits while consumers pay record-high prices. Ag economists say the jump in egg prices is simply supply and demand.

 
 
 
 
 
 
 
 
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