The average guy or gal now has to work for a full hour to pay for a six-pack and burger, but only had to work for 51 minutes in 2019, according to Rabobank, which released its annual BBQ Index today.  |  File photo

BBQ pain for we beer and burger boys

Here's where inflation gets real

Here’s where inflation gets real: When millions of Americans get together for backyard barbecues on July 4, the average host is going to be shelling out US$99 for ingredients, including beer and burgers. In 2018 the same stuff only cost $73, according to Rabobank, the global agricultural lender. The average guy or gal now has […] Read more

Declining birth rates in recent decades are hitting the school age population, which will shrink the pool of young people expected to enter university in general and the field of agricultural economics specifically.  |  Getty Images

Academics worry about ag economist shortage

Fewer U.S. high school graduates over the next decade could mean a drop in the number of students entering the field

WINNIPEG — Agricultural economists are in danger of becoming an endangered species if the academy and the profession don’t find ways of attracting future students to the field. That’s the conclusion and the alarm sounded by a paper in the American Journal of Agricultural Economics, highlighting the “looming demographic cliff” as well as other factors […] Read more

Large futures users, which could include feedlots, lost the ability to route big and rush orders to live pit traders in 2015 when the Chicago Mercantile Exchange closed its open outcry trading floors.  |  Getty Images

Big futures trades harder in all-electronic world

Report concludes all-electronic trading has not affected the cost per trade, although pit trading did add an option value

WINNIPEG — Who were the winners and losers when Chicago shut its live trading floors for livestock futures and sent everything to the electronic world? That’s a question two economists at the U.S. Commodity Futures Trading Commission have attempted to answer in a new article in the American Journal of Agricultural Economics. Large futures users, […] Read more