RIO DE JANEIRO, Feb 13- Brazilians are in a dour mood at the moment, giving them all the more reason to party as Carnival celebrations officially kick off in earnest on Friday. "Carnival has always been an escape valve," said Gerson Moraes, a history and philosophy professor at Mackenzie University in São Paulo. A severe drought in southeastern Brazil has raised the...» Read More
Coffee prices have dropped 5 percent over the last month, but are still one of the year's biggest commodity gainers. CNBC's Jane Wells reports the drought in Brazil may not be as bad as expected.
CNBC's Jane Wells discusses how the drought in Brazil is affecting coffee prices.
CNBC.com managing editor Allen Wastler provides insight to which stories are hot on the website.
CNBC's Jane Wells reports on the good and bad of El Nino if it develops near South American mines, and coffee and cocoa.
NBC's Stephanie Gosk reports the domestic cattle herd is the smallest it has been since 1951. The biggest culprit is California and the Southwest's record water shortages.
The USDA's crop report came in lower than expected, and traders are tracking the volatility, with CME trader Chris Gersch and Chris Narayanan, Societe Generale.
Some 30 million Chinook salmon, or "baby king salmon" are being driven by tanker trucks due to the fear of warmer and shallow waters from the California drought keeping them from swimming to the ocean this year. CNBC's Morgan Brennan has the details.
The waters in California are too shallow and too warm for salmon to swim from Hatchery to the ocean. CNBC's Morgan Brennan reports the California drought is forcing tanker trucks to drive salmon to the ocean.
CNBC's Jane Wells takes a look at how the drought across the western part of the country is impacting the oil industry.
CNBC's Sara Eisen takes a look at how the drought across the western part of the country is impacting brewers.
CNBC's Jane Wells reports how the California drought is causing problems for Napa vineyards.
Vail Resorts Chairman & CEO Robert Katz says his resort is still growing 6-8 percent despite the low snowfall in Tahoe.
Israeli Prime Minister Benjamin Netanyahu visited California last week to seal a deal to help with the state's drought problem. CNBC's Josh Lipton explains irrigation technology.
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.
CNBC's Jane Wells reports how the irrigation industry is being affected by California's record drought.
CNBC's Jane Wells reports on the drought's economic costs.
CNBC's Jane Wells reports farmers in California can now apply for $20 million in federal aid.
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 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.
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.