A number of economic reports for June were released last Thursday, and the news is now full of debate about whether these new statistical indicators are good news, bad news or somewhere in between.A number of economic reports for June were released last Thursday that addressed unemployment, non-farm payrolls, manufacturing payrolls, average hourly earnings and average weekly hours for workers. Below is a rundown:
Payroll jobs rose to 288,000 in June. Private sector jobs were up 262,000, reaching 52 consecutive months of gains. They totaled 1.33 million for January-June, the most job growth in the first six months of any year since 1998. The unemployment rate fell to 6.1 percent in June, down from 7.5 percent a year ago. The median durat...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
