It’s hard to think about holidays when it still feels like summer in the Bayou State, but one economist says you need to get in holiday mode ASAP unless you want to hear Bah humbug this year. Brooke Thorington explains.
Cut 1 (30) “…I’m Brooke Thorington.”
Social Security benefits will increase by 5.9 percent with the Cost-of-Living adjustment announced today by the agency. Troy Broussard with AARP in Louisiana says it marks the largest increase in four years. He says the COLA increase is something that will be welcomed by those who solely rely on SSI payments and those who don’t.
Cut 10 (10) “…here in Louisiana.”
There’s cautious optimism as the sugarcane harvest ramps up in south Louisiana. LSU AgCenter sugarcane specialist Kenneth Gravois says the harvest is getting off to a soggy start as many fields are muddy as a result of a wet 2021
2020 was a stellar year for the industry as the American Sugar Cane League estimates 463-thousand acres of cane were harvested, with an average of 85-hundred pounds of sugar produced per acre. Gravois expects the tonnage will be off this year because of a damp growing season…
Now a check on today commodities….