CoBank

Honored to speak at the annual GEMC accounting conference in Savannah about the economic and energy impacts from generative AI. #cobank

U.S. natural gas inventories continue to weigh on prices with today's EIA reported, larger-than-expected 92 Bcf injection for the week ended April 19th. After a decade of seemingly endless and cheap domestically produced gas, 2024 appears to be establishing the "shale floor" for bargain shoppers. Looking ahead, more exports, less opportunities for fuel-switching, and supply bottlenecks will contribute to very tight balances and much higher energy bills for consumers.

Check out this month's CoBank Power Plays episode! Leaders from Middle Tennessee Electric and Tennessee Valley Authority discuss how they're using DER to transform their regional grid. It's an insightful discussion and we really appreciate the conversation with Brad Gibson and Jason Krupp! Follow the link to watch the episode now: https://lnkd.in/giaeKzDH

U.S. natural gas inventories are brimming on the heels of an exceedingly warm winter. The supply and demand imbalance has cratered #natgas prices, which are flirting with all-time lows. Could this be the last hurrah for low-cost shale gas? Read The Quarterly: https://bit.ly/3TSMBL1

Predictions a decade ago said solar and battery storage would trigger a #utility “death spiral.” Now leaders are turning those alleged liabilities into #grid assets. Listen to the newest Power Plays podcast: https://bit.ly/3WcFjVc

Great opportunity to join an exciting team supporting our water, electric, supply chain and trade finance businesses. Have a big impact and join a fast-paced, mission-driven, and strategic team— check out this job at CoBank: Business Support Specialist…

I'm looking forward to presenting the outlook for the wheat market at the Livestock Marketing Information Center Spring Industry Outlook tomorrow in Kansas City, MO. Although world wheat stocks are tight, Chicago wheat prices have fallen 44% over the last two years as Russia floods the market with record exports made even more affordable with a weakening Ruble. Low corn prices have also pulled wheat prices lower. Hot and dry conditions in both the U.S. and Russia, though, could change the story for wheat. #grain #wheat #Russia #Ruble CoBank

Traditional #grocery stores and #supermarkets are slowly losing ground in the produce aisle. A growing number of U.S. consumers are turning to alternative retailers for their #fruits and #vegetables. What’s driving the trend? Read The Quarterly to find out: https://bit.ly/3TSMBL1

Check out the recent CoBank webinar recording with Knowledge Exchange experts Rob Fox, Tanner Ehmke and Jacqui Fatka covering spring planting, farm supply and economic questions: https://bit.ly/3Ufk0ky

It was a privilege to host the Honorable Vincent Logan, chairman and CEO of the Farm Credit Administration, at CoBank Center in Denver this week for conversations about the importance of innovation to the future of financial services and financial services regulation. One stop on Chairman Logan’s tour of the bank was the antique “flywheel” machine on display in our lobby – a 1915 Mogul engine manufactured by International Harvester Company. At the turn of the last century, the gas-powered flywheel machine was cutting-edge technology that helped farmers automate a wide range of hard manual processes, from pumping water to milking cows to threshing grain. #flywheel