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Cut And Fried: Northwest Spud Farmers Take A Deep Hit On Their Contracts

The Northwest farmers who grow potatoes for your French fries are themselves plenty fried. The three massive agribusiness companies that make much of the world’s frozen fries, tots and hashbrowns are going to pay Northwest potato farmers less this year.  “It really is a punch in the gut,” says Adam Weber, a 27-year-old, third-generation grower in Quincy in Washington’s Columbia Basin. Farmers like Weber say they’ve already taken a hit from the pandemic and higher fertilizer costs. Now they are going to get 3% less for their potatoes from Lamb Weston, McCain Foods and J.R. Simplot Company. 

Carnival, Coinbase, Jeff Bezos, Fed: 5 Things You Must Know

1. Stock Futures Inch Higher Ahead of Fed Minutes Stock futures inched higher Wednesday after the S&P 500 snapped a three-day winning streak in a lackluster Wall Street session.  Contracts linked to the Dow Jones Industrial Average were up 13 points, S&P 500 futures rose 2 points and futures on the tech-heavy Nasdaq gained 3 points. Investors Wednesday awaited details of the Federal Reserve’s meeting in March, hoping to gauge the central bank s outlook for the U.S. economy and seeking clues on when the Fed might next hike rates from record low levels. Any concerns investors may have had about rising U.S. borrowing costs have eased, steadying benchmark U.S. Treasury yields. The 10-year rose to 1.66% early Wednesday. As recently as last week, yields traded at a 14-month high of about 1.78%.

Lamb Weston Holdings, Inc (LW) Q3 2021 Earnings Call Transcript

Lamb Weston Holdings, Inc. (LW) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Lamb Weston Holdings, Inc. (NYSE: LW) Popular Searches Operator Good day, and welcome to the Lamb Weston Third Quarter 2021 Earnings Call. [Operator Instructions] At this time, I d like to turn the call over to Dexter Congbalay, VP, Investor Relations of Lamb Weston. Please go ahead.SPONSORED: 10 stocks we like better than Lamb Weston Holdings, Inc. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade,

Carnival, Coinbase, Jeff Bezos, Federal Reserve: 5 Things You Must Know

Carnival, Coinbase, Jeff Bezos, Federal Reserve: 5 Things You Must Know
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