Ag and Energy Report December 7, 2016

Ag Journal - News

Cooler forecasts are boosting demand for natural gas.

In fact, natural gas has surged nearly 40% since November 11, sending gas to its highest prices since December 2014.

About half of all U.S. homes use natural gas for heat, making winter weather typically the market’s biggest driver for demand and often leading to winter price spikes in customers bills.

Google will buy enough renewable energy in 2017 to power all of its operations, including its 13 data centers and offices in 150 cities.

As a believer in climate change, Google said it has a responsibility as a multinational business to be a steward of the environment.

Starbucks is holding its investor day today.

Investors will be looking for commentary on the transition of power, along with the company’s growth prospects for China.

And the price of coffee, of course.

It will be the first investor day since CEO Howard Schultz announced he will step down from the role.

The beer industry is taking a hit because of legal marijuana.

Research firm Cowen & Company looked at the beer industries in a few states where recreational weed is legal, and where craft beer has become quite popular over the years – Colorado, Oregon, and Washington.

It found beer sales have fallen with the big brewers down the most. 

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