Great Florida Cattle Drive and Gas Prices Down Again

Great Florida Cattle Drive and Gas Prices Down Again

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**The Great Florida Cattle Drive 2022 is December 4 – 10th, to celebrate previous drives and salute 500 years of Florida’s “cow culture.” reports, the drive will end in Kenansville with a Grand Trail’s End Celebration, which will include musicians, singers, storytellers, historians and re-enactors.

Dancers, singers and historians from Florida’s Seminole Tribe will be there to make the event more colorful and remind folks of the Seminoles’ importance to Florida’s development as a cattle power.

**Farmland prices and farm equipment sales declined in the August Creighton University Rural Mainstreet Index.

The overall index fell for the fifth straight month, and for August slumped to 44 from 46 in July.

The farmland price index for August declined to 60 from July’s 66, marking the 23rd straight month above growth neutral.

The August farm equipment-sales index sank to 45.9 from 56.5 in July.

**Also, down for the 10th straight week is fuel prices.

Gasoline prices fell 5.1 cents in the last week to $3.86 a gallon, while diesel prices fell 6.3 cents to $4.97 a gallon.

The national average gas price is down 51.3 cents from a month ago but 72.2 cents higher than a year ago.

GasBuddy’s Patrick De Haan says diesel prices are below $5 a gallon for the first time since March.

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