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May 9—For grain farmers, it's been nearly a decade since they've seen corn and soybean prices that are making them see dollar signs. As of Thursday, corn was selling for $7 per bushel and ...
Under the Wilson administration during World War I, the U.S. Food Administration, under the direction of Herbert Hoover, set a basic price of $2.20 per bushel. The end of the war led to "the closing of the bonanza export markets and the fall of sky-high farm prices", and wheat prices fell from more than $2.20 per bushel in 1919 to $1.01 in 1921 ...
The IGC's benchmark Grains and Oilseeds Index, which tracks international grain and oilseed prices, is publicly available on the organization's website. The IGC Secretariat also administers the Food Assistance Convention , [ 1 ] provides administrative services to the Food Assistance Committee and forms part of the secretariat of Agricultural ...
In 1934, the U.S. Bureau of Labor Statistics began the computation of a daily Commodity price index that became available to the public in 1940. By 1952, the Bureau of Labor Statistics issued a Spot Market Price Index that measured the price movements of "22 sensitive basic commodities whose markets are presumed to be among the first to be influenced by changes in economic conditions.
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Global wheat prices have soared following Russia’s attack in Odesa oblast that destroyed 60,000 tonnes of grain. Wheat prices on the European stock exchange soared by 8.2 per cent, while corn ...
Wickard v. Filburn, 317 U.S. 111 (1942), was a landmark United States Supreme Court decision that dramatically increased the regulatory power of the federal government. It remains as one of the most important and far-reaching cases concerning the New Deal, and it set a precedent for an expansive reading of the U.S. Constitution's Commerce Clause for decades to come.
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