Farmers were panicking this summer, dealing with the worst drought to hit the US in five decades, but from this disaster progress is blossoming in the form of a drought-tolerant corn seed…
Following a months-long auction process, E.I. du Pont de Nemours and Co. (NYSE: DD) has agreed to sell its performance coating unit (DPC) to the Carlyle Group (NASDAQ: CG) for $4.9 billion…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Fertilizer maker Potash Corp. of Saskatchewan Inc. (NYSE: POT) is expected to report earnings on Thursday, and post earnings per share (EPS) of $1.02 on revenue of $2.37 billion. A year ago…
The projected US corn crop is currently in worse condition than it’s been in since 2002, which were then the worst since 1990. Only 56% of this year’s crop was judged to…
Warmer and drier weather in the US Midwest is raising concerns about the corn and soybean crops. If such weather continues, it could reduce the harvest and drive crop prices up. Corn…
Fertilizer and seed giant Monsanto Co. (NYSE: MON) today revised its third quarter and full year guidance above current consensus estimates and the shares are getting a nice boost on an otherwise…
Fertilizer maker The Mosaic Co. (NYSE: MOS) reported earnings for its first fiscal quarter of 2012 after markets closed yesterday, and the company posted earnings and revenues that were in-line or slightly…
While the debate over raising the US debt ceiling grabbed all the headlines for the past week or so, US equity markets have been facing other headwinds that haven’t lightened since the…
Today’s commodities news leads off with a quick look at how fertilizer stocks are doing. There’s also some bad news out of Europe on malting barley, which could be equally bad news…
Today’s commodities report focuses on rising costs for fertilizer and food, the drought in the US southwest, and reports that China is re-selling some of its coal imports. Earlier today we noted…
Rising prices for food commodities should continue throughout 2011, and the agribusiness sector is set to take advantage of it. The number of US acres planted in corn this year will be…
Our commodities coverage today looks at the bounce in prices following yesterday’s across-the-board drop and reports on a review of Monsanto’s best-selling herbicide. We also note some positive news on iron ore…
Agribusiness giant Syngenta AG (NYSE: SYT) has gotten approval from the US Department of Agriculture to grow a strain of corn that has been genetically modified to make it cheaper and more…
