Wheat and corn were also set to drop for a second month as rising global supplies drag down grain prices. Wheat has given up more than 20 percent of its value since the beginning of July, while corn has lost 11 percent during the period and soybeans have fallen 15 percent in two months. Chicago Board of Trade actively traded November soybeans slid 0.6 percent to...» Read More
European shares fell for a second consecutive day on Tuesday, led lower by banks after Royal Bank of Scotland unveiled a record rights issue, while gains in mining and oil stocks lent some support.
Stocks opened lower Tuesday after disappointing guidance from Texas Instruments.
Chemical company DuPont said on Tuesday that first-quarter profit rose 26 percent, spurred by robust demand for its biotech seed offerings and crop protection chemicals.
Shares of crop nutrient producer Intrepid Potash, which priced at $32 a share in its initial public offering, soared nearly 60% in its first day of trading on the New York Stock Exchange.
Rising food and energy prices took a toll on the bottom line of Associated British Foods -- the owner of retailer Primark -- the company said on Tuesday.
Here's how Cramer would go about buying this new fertilizer company when it comes to market later this week.
Changes in agricultural futures contracts are putting additional pressure on farmers already coping with volatile commodity prices.
For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
As farmers divert crops to the production of ethanol and biodiesel, food prices rise. Enter Jatropha Curcas, a wild poisonous shrub that grows in poor soil conditions, needs little water and is pest resistant but is easily converted into high quality biodiesel.
South Korea agreed on Friday to open its market to U.S. beef, boosting prospects for a sweeping trade deal, ahead of a Camp David summit between leaders of the two allies later in the day.
Higher worldwide prices for staple foods are leading many to rexamine whether biofuels are a viable long-term substiute for oil.
The drop on Wall Street was modest considering Wachovia's massive loss. Also, Crocs earnings, airline M&A and much more.
For the week ending Friday, April 11, 2008 the US Markets ended the week in negative territory. There was not a lot of movement in the markets for most of the week, as the major indices traded on a mix of news including same store sales, record highs in oil, flight cancellations from major airlines, and disappointing first quarter results from Alcoa (AA). The markets tumbled on Friday on General Electric's (GE) disappointing earnings.
While the U.S. economy is struggling now it will most likely rebound faster than Europe, making Wall Street a better place for global investors to park their cash than debt markets like the UK, France and Germany, analysts told CNBC Europe on Friday.
We wrap up our special coverage this week on food inflation in Asia. We thought it appropriate to take a closer look at how Asia's powerhouse, China, is dealing with the situation.
Spiraling food costs. Everyone is talking about it in Asia – over morning coffee, on the trains, over family dinners, even during the elevator ride up to work. In particular, the surging price of rice.
As Jane Wells pointed out Friday morning, orange juice seems to be getting squeezed when compared to the other headline agricultural commodities. See how these commodities compare...
Crop nutrient producer Mosaic Friday posted fiscal third-quarter earnings that trounced expectations, boosted by increased worldwide demand and prices for phosphates and potash, sending shares up more than 7 percent in pre-market trade.
European stocks closed lower across the board Thursday, following two days of gains, as fears over the health of the global economy remained.
Swiss agrochemicals group Syngenta raised its earnings outlook on Thursday, cashing in on roaring demand for farm goods and saying first-quarter sales had leapt 20 percent.