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SOARING COST OF FOOD IS FORCING FAMILIES TO SCRIMP AT THE DINNER TABLE –

Whether at supermarkets, corner stores, or open-air markets, prices for food have been surging in much of the world, forcing families to make tough decisions about their diets. Meat is often the first to go, ceding space to less expensive proteins such as dairy, eggs, or beans. In some households, a glass of milk has become a luxury reserved only for children; fresh fruit, once deemed a necessity, is now a treat. (Bloomberg)  

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3 BIG THINGS TODAY, AUGUST 18, 2021 –

Soybeans were lower in overnight trading, corn yields in Nebraska are looking better than they did in the past three years, and rainfall is expected in parts of eastern Iowa and northern Illinois into the weekend. (Successful Farming)

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FARMLAND VALUES SOAR DESPITE PANDEMIC –

Fueled by strong commodity prices and continued pandemic assistance, farmland values are skyrocketing, up by 14% in the central Midwest and by 10% in the central Plains, said the Federal Reserve banks in Chicago and Kansas City on Thursday. (Successful Farming)

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