So as you and your mothers probably know, Russia backed out of the United Nations grain deal...
Speaking of depressed, gasoline prices in the U.S. have been on the decline as of late falling 21 (think Prime Time Deion) percent since peaking last August to 30 month lows. Domestic crude oil production is certainly helping such, with output up near 10 percent from last year and a record. Sure lower fuel prices can help the supply chain- diesel prices have fallen rather sharply in recent months as well. But perhaps just as important is the impact of lower fuel prices on the consumer. Typically a decline in gasoline store sales encourages consumers to spend more elsewhere including, your favorite and mine, restaurants.
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