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Droughts

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  • *Cocoa moves sideways, underpinned by firm demand. NEW YORK/ LONDON, March 5- Arabica coffee futures surged on heavy investor buying on Wednesday, nearing a two-year high as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market, while raw sugar jumped to a four-month high. Cocoa on ICE Futures U.S. and Liffe were firm.

  • LOS ANGELES, March 1- California Governor Jerry Brown on Saturday signed into law a $687 million drought-relief package to deal with a water shortage he has called the worst in the state's modern history.

  • LOS ANGELES, March 1- California Governor Jerry Brown on Saturday signed into law a $687 million drought-relief package to deal with a water shortage he has called the worst in the state's modern history.

  • NEW YORK, Feb 28- Wheat prices rose about 3 percent to lead gains in U.S. commodities on Friday as the dollar fell but the biggest monthly gains for February were posted by arabica coffee, which rallied 40 percent on fears of crop damage from Brazil's drought.

  • California drought on avocados     Friday, 21 Feb 2014 | 1:09 PM ET

    California may only produce 250 million pounds of avocados in 2014, compared to 15 million pounds last year. CNBC's Jane Wells reports this has nothing to do with the drought.

  • SAO PAULO, Feb 13- Forecasters say widespread rains will finally enter the southernmost part of Brazil's coffee belt on Thursday evening, breaking a six-week dry spell, but the crop may already have suffered losses of up to 30 percent.

  • Cali's irrigation effort and industry     Wednesday, 12 Feb 2014 | 1:05 PM ET

    CNBC's Jane Wells reports how the irrigation industry is being affected by California's record drought.

  • *Grain cargoes being shipped into Queensland. With a scorching drought withering pastures, farmers in Queensland state- home to half of Australia's 28 million strong herd- are also having to transport cows huge distances due to feedlots being full to bursting with underweight cows.

  • Severity of California drought     Thursday, 6 Feb 2014 | 1:27 PM ET

    CNBC's Jane Wells reports on the drought's economic costs.

  • LOS ANGELES, Feb 5- Drought-stricken California farmers facing drastic cutbacks in irrigation water are expected to idle some 500,000 acres of cropland this year in a record production loss that could cause billions of dollars in economic damage, industry officials said.

  • Drought forces California farmers to idle cropland Wednesday, 5 Feb 2014 | 2:26 PM ET

    LOS ANGELES, Feb 5- Drought-stricken California farmers facing drastic cutbacks in irrigation water are expected to idle some 500,000 acres of cropland this year in a record production loss that could cause billions of dollars in economic damage, industry officials said.

  • $20 million in drought aid     Wednesday, 5 Feb 2014 | 1:40 PM ET

    CNBC's Jane Wells reports farmers in California can now apply for $20 million in federal aid.

  • NEW YORK/ LONDON, Feb 3- ICE arabica coffee futures shot to an 8-1/ 2- month high on Monday and were on track for their biggest one-day gain in over a year as a heat wave in Brazil sparked fears of crop damage and lower output in the world's top grower, triggering short-covering.

  • Corn Prices Collapsing     Monday, 1 Apr 2013 | 2:27 PM ET

    Corn futures are down to 9-month lows today; farmers plan to plant on 97 million acres this year. Virginia McGathey, McGathey Commodities president, discusses the impact this will have on the commodity.

  • Milk: Got Sequester?     Thursday, 21 Mar 2013 | 1:22 PM ET

    Milk is a huge deal in Washington. The milk industry carries a lot of weight. But now dairy farmers are utterly concerned about the relationship and you should be concerned about the impact, reports CNBC's Jane Wells.

  • Snowfall Too Light to Ease Drought in US Crop Belt Friday, 25 Jan 2013 | 2:03 PM ET

    Light snow expected next week in crop growing areas of the United States will provide only minor relief from the worst drought in more than 50 years, an agricultural meteorologist said Friday.

  • DuPont CEO on Q4 Earnings & Agriculture Biz     Tuesday, 22 Jan 2013 | 8:00 AM ET

    DuPont reported Q4 revenue of $7.3 billion versus and estimate of $7.258 billion. More on the quarter and what's ahead for the company, with DuPont Chairman & CEO Ellen Kullman.

  • Corn Stocks Reach Record Lows     Wednesday, 16 Jan 2013 | 11:35 AM ET

    Erkut Ozer, CEO of Global Trading Enterprises, draws attention to record low corn stocks and pressure from increasing demand.

  • Mississippi River to Shut Down?     Friday, 4 Jan 2013 | 2:53 PM ET

    Drought conditions in the Midwest have left the Mississippi River so dry, that shipping could grind a halt within days. CNBC's Sharon Epperson speaks to Mike Toohey, Waterways Council president and CEO for more insight.

  • The State of Global Agriculture     Tuesday, 11 Dec 2012 | 6:42 AM ET

    How the U.S. drought is affecting the global agriculture business, and how to play the industry, with Martin Richenhagen, CEO of Agco Corporation.