Category: Commodities
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After reaching record highs, US agricultural revenues are predicted to decline in 2023.
FILE PHOTO: On October 7, 2021, a combine harvester is seen harvesting soybeans in Deerfield, Ohio, in the United States. COLUMBUS – According to a study released on Tuesday by the U.S. Department of Agriculture, rising production costs, a decrease in direct government payments, and easing cash prices for livestock and commodity crops are all […]
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Oil prices surge 3% as U.S. central bank eases interest rate fears, China demand recovers
After the Fed chairman allayes market concerns, oil prices jump by 3%. Tuesday saw a major improvement in the oil market as prices increased by more than 3% as a result of many favorable events. Concerns about interest rate increases were allayed by the president of the US central bank, and demand in China also […]