Agriculture and potash investors had one small deal to consider yesterday, but today investors have the mother load to consider. Potash Corp. of Saskatchewan (NYSE: POT) has rejected an unsolicited $130 per share acquisition…
Canadian agribusiness giant Agrium Inc. (NYSE:AGU) lost out on its bid for CF Industries Holdings, Inc. (NYSE:CF) earlier this year, and CF went on to acquire Terra Industries for $4.6 billion. That acquisition cost…
Standard & Poor’s is launching a new index series today that aims to show inherent risk premiums between asset classes and the financial markets. This has been measured privately for years by sophisticated investors,…
News related to the reduced wheat crop in Russia, followed by a ban on Russian wheat exports, have sent wheat prices along a steeply rising trajectory. Rising prices for wheat have also had an…
Wheat prices continue to rise as Russia has set a ban on the exports of the crop. White hit a 23-month high of $8.25 and the price could go higher. It is not clear…
Molycorp, Inc. (NYSE: MCP) has only been public three days. The company’s stock debut was met with much of the same “sell the IPO” reaction by investors who secured shares. This is of course…
While many remain bullish on gold, the recent trading activity has been impossible to ignore. Our technical analysis affiliate, Adam Hewison of INO, has a quick yet detailed audio-visual interactive chart analysis discussing where…
Alcoa, Inc. (NYSE: AA) managed to beat earnings estimates from continuing operations, if you can imagine. The aluminum giant, and first of the DJIA 30 components to report earnings, reported earnings of $0.13 EPS…
The Mosaic Company (NYSE: MOS) is having a rough day. Some will call this environmental bashing, and some will call this environmental policing. Based upon what we have seen out of the Gulf of…
Uranium ore prices peaked at $136/pound in July 2007 and have fallen nearly 70% since then to $41.75/pound. The drop came as new mines were developed in response to anticipated growth in the nuclear…
Last week’s change in Australian prime ministers has produced an early result for mining companies with assets in the country. A proposed excess profits tax of 40%, put forth by the former government, has…
The Baltic Dry Index, which tracks global shipping rates, has fallen for 24 consecutive days, its longest losing streak since August 2005. The BDI closed at 2,406 yesterday, its lowest point since last October.…
The hits just keep on coming for Monsanto Corp. (NYSE:MON). The company today reported third fiscal quarter EPS of $0.81 on revenue of $2.96 billion. EPS estimates had been $0.80 and revenues were expected…
The gold trade is becoming too concentrated. For a nearly free-market mentality, this almost hurts to say. The SPDR Gold Shares (NYSE: GLD) has just become too large. The company’s website now shows over…
Gold ETFs are still getting larger. There is a filing from the iShares COMEX Gold Trust (NYSE: IAU) that will appear excessive just because of the vast share count of up to 409,800,000 shares. …