Agbites for September 22 CRUDE AND RAILWAYS (Wall Street Journal, 9/22) - Initially conceived of as a stopgap measure until pipelines could be constructed, shipping crude by rail has become a permanent part of the nations energy infrastructure as new pipelines hit headwinds and railroads reap expanding revenue. LOW WHEAT PRICES (WSJ, 9/22) – US wheat prices sit at the lowest level in more than four years, buffeted by sluggish demand for US supplies amid abundant global stockpiles of the grain. The decline in wheat prices isn’t likely to be seen in grocery stores. (Pantagraph, 9/21) – The prospect of a bin-busting crop has driven corn prices to new lows and raised fears of a prolonged slump for crop farmers. CAT’S SANDBOX (Peoria Journal-Star, 9/20) – Employees and members of the news media got an opportunity Friday to drive heavy equipment at Caterpillar’s Demonstration and Learning Center in Edwards. It was the first media day in recent memory, a company spokesman said. SUBSTITUTE TEACHERS (Chicago Tribune, 9/21) – Illinois schoolchildren are greeted by substitute teachers far more often than their parents were. Some experts express concerns about students being shortchanged. Researchers have found student achievement can suffer when regular teachers are absent. GAS PRICES DOWN (Pantagraph, 9/20) – Prices for gasoline may go below $3/gallon soon. “Gasoline prices are very tidal,” says Tom Kloza with GasBuddy. “The low tide comes in the fall,” he says. REVISED FOOD SAFETY (Pantagraph, 9/20) – The Food and Drug Administration on Friday revised sweeping food safety rules proposed last year after farmers complained that the regulations could hurt business. The organic industry had expressed concerns about the rules. COLORFUL FALL (Pantagraph, 9/22) – Experts say the weather this spring and summer has laid the base for vibrant fall tree colors this year. The autumnal equinox officially takes place at 9:29 p.m. CDT Monday. FAST FOOD WINNERS (USA Today, 9/22) – Steak ‘n Shake, Starbucks and Chick-fil-A are among the top five chains with the most fans per store on Facebook.
Posted on: Tue, 23 Sep 2014 13:56:41 +0000
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