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.» Read More
Restaurant sales are projected to grow 2.8 percent in Q3 versus 3.5 percent one year ago.
The latest numbers from the USDA firm up the outlook for this year's corn crop, and the final numbers may not be as bad as some feared.
The world’s second-largest wheat, corn and sugar trader tells CNBC that while agricultural prices will remain high the rest of the year, the world isn't going to experience a renewed food crisis.
Happy Friday! Happy three-day weekend! Here are three stories to ponder while you have one final backyard BBQ.
CNBC's Jane Wells reports from Boone, Iowa, at the Detroit Auto Show of farming. The annual Farm Progress Show is where Deere, Case IH, Massey Ferguson, and every other major agricultural equipment company unveils their newest models.
There's no question there will be less corn than expected, and that has driven grain prices to record levels. There is some question as to how much corn farmers will suffer.
U.S. farmers are heading for their most profitable year on record despite the worst drought in half a century as high grain prices and payouts from a federal crop insurance program compensate for a smaller harvest, the Financial Times reports.
Will farmers buy big ticket items, like tractors, on the heels of this summer's epic drought? CNBC's Jane Wells reports on how corn farmers are spending their money.
With $8 corn appearing to be the new normal, retail food prices are already rising. I asked a cattleman, two dairy farmers, a hog farmer and a couple of egg producers t how much corn is needed to feed a single animal over its lifespan, and how much product they get from that animal.
CNBC's Jane Wells reports how the rising cost of grains will impact food prices.
For Colorado, legalizing marijuana will be one of the most important political issues when the November election rolls around, reports CNBC's Brian Shactman.
Darling International chairman/CEO Randy Stuewe, discusses the severity of the Midwest drought, its impact on his business, and the three top risks to his company now.
Luke Chandler, Director of Agri Commodity Research at Rabobank talks about the supply-driven rally in grains. Jim Rogers of Roger Holdings weighs in.
Hayden Bairstow, Head of Australian Resources Research at CLSA says that it's unlikely that the supply-demand balance will turn in the commodities complex, unless China unleashes more stimulus.
Mark Sherry, owner and operator of the steakhouse "Old Homestead," in New York City, offers insight on how the Midwest drought is impacting the price of a good steak.
From marine shop owners to the folks running lake shore businesses, two years with below average rain fall shows the drought is impacting more than just farmers and ranchers in central Texas.
Karen Ward, senior global economist at HSBC, told CNBC, when we see a rise in commodity prices whether we should fear inflation or growth very much depends on the labour market. This time around it is growth that is going to take a hit.
Most farmworkers in California are not in the U.S. legally, and because the crackdown on immigration is working, the state is experiencing severe labor shortages at picking time. CNBC's Jane Wells reports.
Greater spending from the burgeoning emerging market middle class is one of those themes global and emerging market investors have clung to as developed market consumers and governments deleverage. But there’s a growing risk emerging market consumers could start pulling back as industrial commodity prices fall and higher food prices lighten consumers’ wallets.
Three big intertwined but rival agribusinesses — corn farmers, meat and poultry producers, and biofuel refineries — are in a political fight to protect their interests as a drought ravages corn producers and industrial consumers alike, the New York Times reports.