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There is plenty of trade work yet to do

To start with, one could be forgiven for assuming that once the World Trade Organization ruled against the U.S. mandatory country-of-origin labeling law four times — twice each on the original regulatory rule and twice more on the revised version — the issue was settled.

Markets

U.S. average gasoline and diesel fuel prices decrease

The U.S. average retail price of regular gasoline decreased 13 cents from last week to $2.51 per gallon on August 31, 2015, 95 cents per gallon less than at the same time last year. The Midwest price showed the largest decline, down 20 cents to $2.47 per gallon. The West Coast price decreased 12 cents per gallon to $3.16 per gallon. The Gulf Coast and East Coast prices were both down nine cents per gallon, to $2.20 per gallon and $2.34 per gallon, respectively. The Rocky Mountain price was down five cents to $2.77 per gallon.

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Protesting farmers in more than 1,500 tractors flood Paris streets

Protesting French farmers converged on Paris in more than 1,500 tractors on Thursday to demand more government action to stem a crisis in the meat and dairy sectors that has left some farms near bankruptcy in the European Union's top agricultural producer.

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Land values across Illinois following commodity price trends—down

Prices being paid for farmland across Illinois are continuing a softening trend that is following prices being paid for commodities with decreases of between 2 and 7 percent depending on the quality of farmland and location. This is according to the midsummer “Snapshot Survey” done by the Illinois Society of Professional Farm Managers and Rural Appraisers that was released.

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