Mario Parker

Government, Business

American Farmers Benefit from US-Japan Trade Agreement

Farmer Daniel Acker/Bloomberg News

U.S. farmers — reeling from trade wars, low commodity prices and bad weather — are set to be the main winners from President Donald Trump’s initial accord with Japan.

Mario Parker | Bloomberg News
September 25, 2019
Government, Business, Safety, Logistics

Midwest Floods Deliver Another Economic Blow to Farmers

flooding Floodwaters surround corn sitting under a collapsed grain bins in this aerial photograph over Pacific Junction, Iowa (Daniel Acker/Bloomberg News)

Chad Korth’s Nebraska farm mostly was unscathed from the catastrophic floods that inundated nearby fields thanks to being positioned atop a hill. But as the waters recede, he’s not expecting to be spared the financial blow that’s hitting the region.

Mario Parker | Bloomberg News
March 26, 2019
Government, Business, Safety

America’s Farmers Call for Help as Debts Climb to 1980s Levels

Farmers (Pamphlets offered by during meetings at St. Peters Lutheran Church in Loganville, Wis. (Lauren Justice/Bloomberg News)

The worst agricultural downturn since the 1980s is taking its toll on the emotional well-being of American farmers. In Kentucky, Montana and Florida, operators at Farm Aid’s hotline have seen a doubling of contacts for everything from financial counseling to crisis assistance.

Mario Parker | Bloomberg News
March 20, 2019
Business, Fuel

Washington Moves Cause Biodiesel Prices to Jump 10%

Kimberly White/Bloomberg News

Spot biodiesel prices have jumped at least 10% because of moves in Washington since Nov. 30, when the Obama administration increased consumption targets for the fuel. About three weeks later, Congress reinstated a $1-a-gallon tax credit for blending it.

Mario Parker | Bloomberg News
January 4, 2016
Government

EPA Proposal Crushing Industry Growth, Ethanol Groups Say

An Obama administration proposal in May to cut quotas for renewable fuels led to a rout in ethanol credits and handcuffed the industry’s growth, biofuel groups said.

Mario Parker | Bloomberg News
June 15, 2015
Business, Logistics

Cheap Oil Jamming Rails Means Higher Power Bills

Andrew Harrer/Bloomberg News

U.S. electricity costs are poised to reach the highest level since 1999 because railroads are too clogged to deliver enough coal to power plants.

Mario Parker | Bloomberg News
December 18, 2014