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U.S. gasoline and diesel fuel prices decrease

The U.S. average retail price for regular gasoline decreased eight cents from the previous week to $2.64 per gallon on August 24, 2015, down 82 cents from the same time last year.

Markets

Morning Farm Report: Feeder cattle prices plummet

Live cattle prices saw an increase after a steady fall this week, jumping from $142.43 on Wednesday to $144.65 on Thursday. The 2.22 increase brought the 27-day average price to $146.38. 

Lean hogs saw a very small increase of only five cents, hitting $67.05.

Corn jumped two cents, while wheat dropped from $4.90 on Wednesday to $4.84 on Thursday.

Markets

Natural gas prices respond to increased power burn

Prices vary slightly, but flat in many market locations. At the start of the report week, temperatures were generally above average in the East, South, and West, though below average in the Midwest and Rockies.

Markets

Morning Farm Report: Crop prices drop

Live cattle prices fell from $143.85 on Monday to $143.68 on Tuesday, a 17-cent decrease that brought the 27-day average price to $146.56. Feeder cattle prices increased seven cents to $210.90. The 27-day average price is now at $212.80.

Lean hog prices jumped from $65.83 on Monday to $67.50. The $1.67 increase brought the 27-day average price to $74.47.

Corn prices fell three cents to $3.66, while wheat dropped eight cents to $4.95.

Markets

Retail diesel prices fall

U.S retail diesel prices dropped an average of five cents to $2.56 this week, bringing the 27-day average price to $2.82. The West Coast, Gulf Coast and New England regions saw the largest drop of six cents, while the Rocky Mountain region saw the smallest of only three cents. The Gulf Coast region has the lowest gas prices in the country at $2.41 this week. The Central Atlantic region has the highest at $2.78.

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