I’m Clinton Griffiths with today’s AgDay Minute.
It looks like prices at the gas pump are finally starting to go down. The US Energy Information Administration said that last month, the national average for a gallon of regular gas was three dollars and thirty-nine cents. That’s the highest since 2014. But by January it’s expected to drop to about three dollars and continue falling. By 2022, the average is expected to be two dollars and eighty-eight cents. This new forecast is based on global oil production outpacing demand next year.
USDA said that over the past 20 years, the volume of fresh vegetables imported into the US has increased nearly 2-hundred percent. The vegetables are coming primarily from Mexico and Canada. A USDA report also says market conditions, trade agreements, lower foreign exchange rates, and increased consumption have all combined to fuel the increases. The Economic Research Service report focuses on bell peppers, cucumbers, squash, and snap beans, but the researchers noted imports are increasing across the fresh vegetable industry.
Miller Lite is taking Christmas to a different level with drinkable ornaments. You can now take a sip of an iced cold beer with their new “beer-naments”. The ornaments come in a set of six and snap around an 8-ounce can. The six-pack of ornaments, beer not included, will cost under 20 dollars.
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