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FinanceBy Davide Barbuscia NEW YORK (Reuters) -Investors are betting harder on a September Federal Reserve interest rate cut after last month’s mild inflation bump, which indicated the pass-through from President Donald Trump’s sweeping import duties to goods prices has so far been limited. July inflation numbers released on Tuesday came in largely within expectations, strengthening traders’ bets the Fed will start cutting rates at its next policy meet…See the Story
Investors Double Down on September Fed Cut After CPI
Coverage: 6 sources
Stock Markets · United StatesUSDA predicted on Tuesday that corn farmers would see a record crop this year. Over 1.5 billion bushels more than the previous record. But this enormous supply is not benefiting corn farmers. The demand for corn has not been able to catch up, which has caused the price of corn to plummet. It now sits at $3.90 a bushel, back to the price between 2016 and 2018, according to Chad Hart, an economics professor at Iowa State. Low prices, in this case,…See the Story
Predicted Record Crop Hurts Corn Farmers
100% Center coverage: 2 sources
FDA · TampaPOLK COUNTY, Fla. (WFLA) — Florida citrus growers are celebrating a proposal from the U.S. Food and Drug Administration (FDA) to change its definition of orange juice. “We’re thrilled," said Matt Joyner, executive vice president and CEO of Florida Citrus Mutual. "This has been almost 3.5 years in the making. Very frustrating situation, but we are excited about the opportunity to see the administration move forward with this rule change."
Fl…See the Story
FDA's Proposed Change to Orange Juice Regulation Will Help Local Growers, Florida Citrus Mutual Says
100% Center coverage: 2 sources
