DES MOINES, Iowa— The egg is on a roll. "A lot of it has to do with quick service restaurants offering breakfast now and many of them include egg whites and some whole eggs in their breakfasts," said Maro Ibarburu, associate scientist and business analyst at the Egg Industry Center at Iowa State University. Adopting similar strategies have been Dunkin' Donuts, with its...» Read More
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.
Faced with strong worldwide food demand and the accompanying higher prices, American farmers are beginning to respond to the signals of the market
Earnings season is coming but it doesn't look good, Cramer says. Here's how to play the next five weeks of reports.
Investors wondering whether the agricultural commodities bubble has burst will get some important clues in next week's annual crop plantings report, considered a bellwether for the direction of farming activity for the year.
ConAgra Foods Thursday said it would sell its commodity trading and merchandising operations in a deal valued at $2.1 billion, allowing it to focus on its core food business and to repurchase shares.
It might have seemed like a boring day in the stock market, but there was plenty of action including late-breaking news on Clear Channel, the pre-earnings Oracle trade and more.
Strong growth in Latin America should take this ag machinery company higher.