This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. INDIANAPOLIS — From gum to toothpaste, mint ...
PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...
U.S. mint production dropped again in 2023, continuing a yearslong trend, according to the USDA. For peppermint oil, production was 2.81 million pounds, down 17% from the previous year. Harvested area ...
WELL, PENNIES HAVE BECOME ONE OF THE LATEST TARGETS OF PRESIDENT DONALD TRUMP’S SECOND ADMINISTRATION, WITH THE PRESIDENT ASKING THE SECRETARY OF TREASURY TO STOP THE PRODUCTION OF NEW PENNIES. AUDREY ...
Idaho’s prominence for mint production has grown thanks to “virgin ground” free of verticillium wilt, and as farmers look for alternative crops. “Idaho farmers are producing more mint than we ever ...
U.S. Mint will stop producing pennies after final blank orders run out Trump cites rising minting costs—over 2 cents per penny—as reason Move projected to save $56 million in annual material costs ...
Making cents just doesn’t make sense anymore. The cost to produce both pennies and nickels is now more than double what each of those coins is actually worth, thanks to inflation, which is driving up ...
Although buyers are now willing to pay mint farmers more when fuel and other costs increase, the future in mint farming is uncertain. Foreign competition has profoundly changed the industry, which is ...
The United States Mint in Philadelphia struck its final circulating penny, marking an end to an era. The move stems from rising production costs and the diminishing value of cash. With pennies on ...
WASHINGTON — The Trump administration says making cents doesn’t make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a ...
Larry Wappel strode into one of his peppermint fields, stirring up a refreshing fragrance as he brushed past deep-green plants holding the potent oil that gives a cool burst of flavor to toothpaste, ...