CNBC's Jane Wells reports on the good and bad of El Nino if it develops near South American mines, and coffee and cocoa.» Read More
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.
CNBC's Rick Santelli talks to Sen. Tom Coburn, (R-OK), about keeping farm relief fiscally responsible and reforming unbalanced subsidies.
Amid the worst drought in 50 years, there is money to be made in water, reports CNBC's Brian Shactman.
Jonathan Barratt, Founder, Barratt's Bulletin says the grain complex has some of the biggest opportunities as you can't control the weather.
Jim Bower, Bower Trading, discusses the impact the big Midwest drought is having on rice. "We think there is potentially there down the road in the rice market," he says.
A look at how the current drought compares to previous ones, with the Weather Channel's Julie Martin.
Is agriculture feeling a little down on the farm? End of the world coming with this drought? Clearly the gloom and doomers haven't met the Peterson Farm Brothers.
While wreaking havoc on grain crops, the worst U.S. drought in a half century is providing opportunities for companies that provide and pump the most precious of commodities — water. While the drought is testing farmers and food producers, the volatility in weather patterns is giving water companies new revenue sources, as they provide solutions to the environmental challenges.
Action in Washington, combined with the ongoing efforts by our agricultural experts to mitigate the effects of this drought will ensure that agriculture remains a strong pillar of the U.S. economy that provides good jobs and feeds the world.
Some companies are profiting from the drought by providing solutions, reports CNBC's Jackie DeAngelis.
A drought that has ravaged U.S. crops and sent key commodity prices surging has yet to take a toll on Annie’s pricing or its bottom line, the CEO told CNBC in an interview Wednesday.
There is apparently one plant that can thrive in the worst drought in half a century. Marijuana.
While the federal government is spending more on meat and fish, a relief package and a massive farm bill are still mired in Congress and unlikely to move before the presidential election.
John Yang, NBC News correspondent, reports on how the drought is impacting trade along the Mississippi River.
CNBC's Jane Wells reports one of the worst droughts in U.S. history is hurting crop yields and businesses, but heat-resistant "super seed" may be providing some hope for farmers. Mark Kenney, Iowa farmer, weighs in.
John Foraker, Annie's CEO, discusses how food companies are faring as commodity prices rise due to the huge drought.
The Weather Channel's Maria LaRosa and Mike Bettes report on the historical significance of the current drought and its impact on the economy.
As drought continues to affect most of the country, our thoughts and prayers are with the thousands of farm families who have been affected by this disaster. Today, USDA’s focus remains on doing all we can to support farm and ranch families in an uncertain time.
Back home in Kansas we are spending our time looking up to the sky, praying and hoping for rain. Our state, along with much of the country, is suffering from a very serious drought. Crops are dying, cattle are hungry and being sold off, and water is in scarce supply.
As a result of a Congressional mandate passed in 2005 and expanded in 2007, over 40 percent of this year’s greatly depleted corn crop will be diverted from food and livestock, and instead be sold at the gas pump. We are trading our precious, fertile acres of farmland for a small dent in our oil usage. We are prioritizing our goal to reduce oil dependence over providing food to people.