March corn prices were up 6.25¢, for the week ending Dec. 10. May corn prices were up 5.75¢. January soybean prices were basically flat, while March soybean prices were up 3.5¢. March wheat prices were down 18.25¢.
CPI Shows Motor Fuel Prices Soared 58% in a Year, What Could it Mean for Corn Demand and Prices?
The latest Consumer Price Index shows drivers are seeing motor fuel prices up 58% at the pump versus a year ago. The new data, released Friday, shows U.S. inflation jumped 6.8% last month, the fastest rate in 39 years.
John Phipps: The $3T Burning Question Economists Are Now Asking
As U.S. consumer spending and excess savings are both on the rise, John Phipps says the pandemic stirred up the status quo, and now there's a key question economists are asking as the calendar flips to 2022.
Oil Prices on Track for Biggest Weekly Gain Since August
Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant's impact on global economic growth and fuel demand.
