Produce prices jump after freeze

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Alisa Boswell This winter marked a harsh season for the tropical areas in and around the U.S., such as California, Florida and Mexico, causing a shortage in certain produce and a sharp spike in prices. Mackenzie Kennedy, a senior at Eastern New Mexico University, said she had to switch to buying canned and frozen produce […]

Peanut prices remain high despite lower acreage

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PNT staff report Peanut acreage in the Portales valley is down, but prices are high, a local grower has said. Portales valley stretches from Floyd to Arch. Roosevelt County peanut farmer Wayne Baker said contracts for peanuts are offering $950 per ton for conventional peanuts and $1,400 per ton for organic peanuts, although farmers don’t […]

Residents feel pressure at pump

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Alisa Boswell Rising gas prices are tough on everyone. There is Norma Vallejo of Portales, who drives a lot for her job in home health care. She recently found herself borrowing gas money from a friend just to get by. “I think it’s getting worse,” Vallejo said. “Every day, I look at the gas prices […]

Press release: Gas prices climb 9

(IRVING, TEXAS) —- Motorists in New Mexico are paying on average $3.47 for a gallon of unleaded regular gasoline, a nine-cent hike in one week, according to the AAA New Mexico Weekend Gas Watch. In the last two weeks prices in New Mexico increased 27 cents. Nationally prices this week jumped 10 cents to $3.53 […]

Commodities market risky

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Argen Duncan Speculation in agricultural commodities markets is causing greater volatility in prices than in the past, affecting everyone from the farmer to the consumer, according to farmers and grain dealers in eastern New Mexico. Agricultural commodities are certain farm products, including corn, wheat, milk, cheese and cotton, that are traded internationally, much like the […]

Feed prices on upswing

Sharna Johnson With steadily rising grain-based feed prices the future is hard to predict, but the one thing that is certain is costs are stretching budgets, especially for those who keep companion animals. Feed prices are driven by market values for agricultural products such as corn and grains. In the last 12 months, those commodity […]

Press release: New Mexico weekly gas price update

New Mexico, January 31- Average retail gasoline prices in New Mexico have risen 0.7 cents per gallon in the past week, averaging $2.97/g yesterday. This compares with the national average that has fallen 0.6 cents per gallon in the last week to $3.08/g, according to gasoline price website Including the change in gas prices in […]

Press release: Gas prices in NM increase for fourth week in row

(Irving, Texas) —- After a month of steady increases in gasoline prices during 2011, consumers are seeing some moderation at the pump as oil prices dropped this past week. Oil on Thursday fell below the $86 a barrel range for the first time since mid-November. Just two weeks ago oil was above $92 a barrel […]

Press release: NM gas prices up 2.1 percent

New Mexico, January 24- Average retail gasoline prices in New Mexico have risen 2.1 cents per gallon in the past week, averaging $2.96/g yesterday. This compares with the national average that has increased 1.3 cents per gallon in the last week to $3.09/g, according to gasoline price website NewMexicoGasPrices.com. Including the change in gas prices […]

Dairy farmers: Feed costs squeezing profits

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Argen Duncan After a few months of good milk prices, dairy farmers say they are again seeing their profit margins drop, but forecasts indicate rising milk prices later in 2011. In 2009, milk prices were low and feed costs high, meaning dairies lost money. Roosevelt County dairy owner Alan Anderson said dairies came back a […]