Seed and fertilizer maker Monsanto Co. (NYSE: MON) reported second fiscal quarter earnings this morning that set a record for the quarter. The company also boosted its EPS outlook for the full fiscal year.…
Last year at this time, cotton prices were hovering around $2.10/pound. They’re less than half that today, and growers are wondering if $0.95/pound will return. Cotton prices dropped below $1/pound in mid-November and wobble…
Uranium miner Uranium Energy Corp. (AMEX: UEC) sold 5.56 million shares of common stock today at a per share price of $3.60, a discount of about 6.7% to last night’s closing price of $3.86/share.…
Jon OggMarc Faber, who is the publisher of the Gloom, Boom and Doom Report, gave an interview on Bloomberg Television this Monday showing some real caution that is mixed with some optimism. Faber spoke…
A shortage of a number of crops will mean the amount of corn planted in the US this year will be at a seven decade high. In theory, this will push corn prices down,…
Teucrium Agricultural Fund (NYSE: TAGS) is a new agriculture ETF being launched by Teucrium Trading, LLC. The new exchange traded product actually appears to be structured as bit like a fund-of-funds model that utilizes…
Barrick Gold Corp. (NYSE: ABX) has announced this morning that the company will issue $2 billion in debt securities, the proceeds of which will be used: primarily to repay existing indebtedness under two revolving…
The Mosaic Company (NYSE: MOS) has posted its third quarter earnings, and the results show some serious declines in operating income and in margins. Net earnings fell to $273 million from $542 million a…
Yesterday’s publication of proposed new carbon emissions rules related to electricity power generating plants have taken even more steam out of US coal company stocks. The new rules are generally regarded as being nearly…
Chinese meat and food processor Zhongpin Inc. (NASDAQ: HOGS) announced today that the company’s chairman, Xainfu Zhu, has submitted an offer to acquire all the outstanding shares he doesn’t already own for $13.50/share in…
UK-based mining giant Rio Tinto plc (NYSE: RIO) is mulling over the idea of shedding its diamond mining and production operations. The company’s review follows by two weeks reports that another mining giant, BHP…
Coal miner Walter Energy Inc. (NYSE: WLT) this morning lowered its revenue and profit forecasts for the current quarter, but, in a bit of an odd turn, maintained its full-year production forecast. Here’s what…
Peabody Energy Corporation (NYSE: BTU) is issuing an earnings warning, but not from the normal logic behind most warnings. The warning is said to be due to Australia weather-related events. The first quarter financial…
Randgold Resources Limited (NASDAQ: GOLD) is paying a price for where it does business. The political situation in the African nation Mali is in a coup. The gold mining outfit has extensive exposure to…
Rubicon Minerals Corp. (AMEX: RBY) said today that it has received approval from the Ontario, Canada, environmental ministry for its proposed amendments to water, sewage, and air permits at the company’s Phoenix Gold Project…