*Soybeans rally as export demand tightens supplies. *Wheat to 3- month high on short covering, Ukraine jitters. Wheat futures hit a three-month top on follow-through technical buying after strong gains this week and jitters about political instability in Ukraine, a major corn and wheat exporter.» Read More
In Illinois, we’ve experienced the sixth-driest growing season on record. Of 102 counties, 100 are disaster areas, the state's governor addresses the issue of what's been done and what still needs to happen to help his state.
The Senator from Kansas writes, "We need to approve this drought assistance to ensure livestock producers can continue providing us with the most affordable and safe food supply in the world."
Food inflation will start hurting Asian economies by the end of the year if the current high prices are sustained over the next few months, with Vietnam, China and Hong Kong the most vulnerable, economists tell CNBC.
A look at how to play rising corn and soybean prices in emerging markets, with David Riedel, Riedel Research Group.
As the U.S. drought continues and global grain prices soar, G20 leaders are considering an emergency meeting at the end of August to consider what measures to take to combat the growing food crisis. But the surge in corn, soy and wheat prices could also lead to some benefits for the agricultural sector and an opportunity for investors, according to one fund manager.
James Koh, Investment Analyst at Maybank Kim Eng expects Wilmar's quarterly earnings to disappoint yet again, citing difficulties in the company's oil seeds business and its over-reliance on the Chinese market.
Philip Silverman, Portfolio Manager at Kingsview Management says that commodity prices are being pushed up by physical forces and pushed down by slowing growth.
Guy Pickard is a rancher in Kansas, and he discusses how the severe drought is impacting his crop. "Things are in kind of a dire situation," he says.
In the last 3 months, corn has soared 35 percent. CNBC's Jane Wells reports the details of the latest USDA report and Jim Iuorio, TJM Institutional Services, weighs in.
CNBC's Jane Wells reports the most recent crop report from the USDA gives a look at the extended impact of the Midwestern drought on hog farmers and cattle ranchers.
CNBC's Jane Wells has the latest detail on the impact this summer's drought has taken on crop prices and production.
A look at the latest USDA report and how this summer's drought has impacted crop prices and production, with CNBC's Jane Wells.
The recent dry weather affecting crops across the midwest of America will hit the reinsurance industry with perhaps the biggest loss ever, according to Nikolaus von Bomhard, Chairman at Munich Re.
Excessive heat in the Midwest is causing commodity prices to soar, as higher corn and soybean production costs hit consumers' wallets. A look at whether relief is on the horizon as hurricane season approaches, with Paul Walsh, Weather Channel.
The spike in crop prices this year may be an early glimpse into a chronic food crisis that could unfold over the next forty years, says well-known money manager Jeremy Grantham.
For answers, Jim Cramer looks at the technicals.
Nothing drains the consumer's wallet like a rise in food prices, with Mad Money host Jim Cramer.
Should the government step in and help the agriculture industry during this season's record-setting drought? Gregory Page, Cargill CEO, and Jim Grant, Grant's Interest Rate Observer, weigh in.
Christopher Narayanan, Head of Agricultural Commodities Research, Societe Generale says that there's no need for an ethanol mandate waiver as there is still sufficient inventories.
As the world’s largest importer of American agricultural products, China stands to get walloped by the drought that is ravaging US croplands. Globalpost reports.