Econ Everyday Classic: High Cashmere Prices Left in the Dust
Once a pinnacle of luxury clothing found only in high-end fashion stores, by 2006 cashmere sweaters, which typically sold for hundreds of dollars, could be found in big box stores…
Farmers Dump Milk and Eggs as Restaurant Demand Falls
Over the last few weeks, shoppers at supermarkets across the country have stocked up on versatile staples like milk, bread, and eggs that are well-suited for hunkering at home. But…
Crisis Hits Farmers: Some face labor shortages, others face customer shortages
US agriculture is suffering major setbacks related to the Coronavirus outbreak. Stay-at-home orders have caused a significant decline in restaurant business, forcing many to temporarily close or cut down to…
Breweries and Distilleries Produce Hand Sanitizer to Relieve Shortage
The global spread of the Coronavirus led to a surge in demand for a number of goods including toilet paper, disinfectant wipes, and hand sanitizer. Many people worried about future…
The New York Times: “America Stress-Bought All the Baby Chickens”
Sales of baby chicks often rise before Easter, but this year’s increase has been extraordinary due to a variety of factors influenced by COVID-19: people are staying home with time…
Organic Dairy Farmers in Decline
Sales of organic products in the US exceeded $50 billion in revenue for the first time ever in 2018. Organic sales have more than doubled since 2010. Despite this tremendous…