Southern Crop

Southern Crop

U.S. Freight Movers Rethink How to Guard Against Floods

A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor trailers to keep signal systems running.

 

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“The whipsaw of that farmer from a week earlier when he was expecting a record yield, and then for Harvey to develop in the Gulf rather quickly, and to see that farmer stand in that same field a week later with the crop totally destroyed is awfully impactful.”   Read[…]

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Food Price Outlook, 2019

The all-items Consumer Price Index (CPI), a measure of economy-wide inflation, was up 0.4 percent from January to February 2019 and is 1.5 percent above the February 2018 level. The CPI for all food rose 0.3 percent from January to February, and food prices were 2.0 percent higher than the February[…]

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