PORTLAND, Maine— A Maine legislator says he will try again next year to persuade the Legislature to limit the harvest on the state's popular, meaty scallops. He had proposed legislation to create a limit of 90 pounds a day per person on wild-caught Maine scallops so future generations, he said, would still be able to harvest them. Maine scallops are beloved in...» Read More
Legendary investor Jim Rogers says the bull market in commodities is "still in place" and has a "long way to go."
Like many commodities, beef prices are soaring because of surging demand in emerging markets, rising feed costs, and the lowest cattle herd in 53 years.
Apparel makers aren't the only ones stitching together a plan to deal with rising cotton costs. Hotel chains, including some of the world's biggest brands, are looking to pass costs on to customers as soaring commodity prices hit the bottom line.
The uprisings in the Middle East have been in part blamed on soaring food prices but one market watcher told CNBC those states with huge oil wealth should be better able to keep their people appeased by subsidizing food prices and other incentives.
The "Mad Money" host explains how to navigate around the bears and locate opportunities.
As Federal Reserve Chairman Ben Bernanke told Congress inflation is very low, the "Fast Money" traders on Wednesday provided their take on the topic.
U.S. reserves of corn have hit their lowest level in over 15 years in part because of higher demand from the ethanol industry, hinting at tighter supplies and higher food prices in 2011.
Beyond the devastating loss of life and livelihoods, why should we care about the impact of these Australian natural disasters? The answer is simple, and very clear on the rioting streets of Egypt: commodity price inflation.
More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC.
The renown hedge fund manager is said to be considering taking a share in this retailer, thereby creating some unusual options activity, reports "DRJ."
The "Mad Money" host's four steps to prospering amidst negative news stories.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
Agriculture Secretary Tom Vilsack announced on Thursday that he would authorize the unrestricted commercial cultivation of genetically modified alfalfa, setting aside a controversial compromise that had generated stiff opposition. The New York Times reports.
As consumers shift back to buying brand-name products, Kendall Powell, the CEO of food company General Mills spacer, told CNBC Thursday that the company doesn’t want to pass the higher costs of commodities on to their customers.
The surge in commodity prices has many worried about skyrocketing food prices at home. But a look at how much the increase in raw commodities actually makes it to the plate, at least in the United States, shows that it is unlikely by itself to cause widespread inflation.
If you're looking to profit from rising world food prices or simply want to diversify your portfolio to hedge against inflation, the number of products offered continues to mushroom.
As food prices rise, consumers aren't the only ones affected. Commodity and labor costs stretch all the way from farm fields to production lines to grocery stores to restaurant menues to your dinner table.
As Cargill exits Mosaic, the "Fast Money" traders reveal whether its time to take profits in the fertilizer trade.
Chinese demand, the weather and political risks will lead to a very volatile year for soft commodities' prices, analysts at Swiss bank Sarasin wrote in a research note Wednesday.
The latest big trade to profit from is agriculture. But with international food prices hitting record highs, campaigners are furious and it is adding to a regulatory zeal.