Analysts at Dutch-based Rabobank have predicted that US corn prices could rise another 25% by the end of the year on lower yields due to hot, dry weather. That would raise prices to around...
Source: thinkstockMonsanto Co. (NYSE: MON) reported second-quarter fiscal 2013 results before markets opened this morning. The fertilizer and seed maker reported adjusted diluted earnings per share...
From a mid-August peak of a record $8.49 a bushel, corn December futures have fallen to around $7.40 a bushel today. The spread between corn for December 2012 delivery and March 2013 delivery has...
Most industry experts say a new lineup of shows will not matter because CNN has lost its edge.
The stories about CNN’s rating have started to pile up. The most recent is from The New York Times, but it is just part of a trail of analysis about how the cable news channel’s audience has...
About 94% of the US corn crop is now in the ground, and that fact, along with other news, has put some recent pressure on corn prices and on stock prices for some of the companies and funds that...
Source: ThinkstockA year ago, corn sold for around $8.30 a bushel. Last Friday it closed at $4.65 a bushel and is trading down about 5% this morning at around $4.63 a bushel. And the trouble for...
Corning Inc (GLW). Chief Executive Wendell Weeks is on the hot seat with investors after the glassmaker lowered earnings guidance because of lower-than-expected shipments of LCD glass. Even bigger...
The size of this year's corn crop is expected to be smaller than last year's, raising the price farmers can expect to get for their crop and raising the price that consumers pay for corn flakes.
Lack of rainfall in the US Midwest has pushed corn futures to a 10-month high, even though some rain is forecast for this week. Hot weather is expected to continue, and the amount of rainfall...
Source: ThinkstockThe U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for April. The agency lifted its estimate...
The worst U.S. drought in more than half a century has pushed the prices of soybeans and corn to record highs. Although the American economy has been largely free of inflation, the costs of these two...
Getting farmers to use genetically-modified seeds has not been easy. Consumers are also wary of eating food that comes from these products. The EU and India actually have bans on the seeds. But, with...
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This is an unusual...
Source: ThinkstockCorning Inc. (NYSE: GLW) reported first-quarter 2013 results before markets opened this morning. The specialty glass and technology products maker posted adjusted diluted earnings...