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Sattler, however, isn't using cow manure but pig manure in an additive he's testing which can replace up to 15 percent of asphalt. A pilot project in Missouri "shows no signs of deterioration" and "appears to be performing well after having been in place for a year."
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With large portions of the nation’s corn crop faltering, Cramer thinks investors should consider this stock.
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Forecasts of rain for the Midwest drove grain prices lower for a second day, but it’s too late for any amount of showers to save the corn crop.
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Rain is expected in the Midwest this week, but it’s too late for much of the corn crop, nearly half of which is now expected to be in poor condition or worse.
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Restaurant earnings results have been mixed so far this year, but one analyst told CNBC that he has seen an “uncanny improvement” in fast-food names across the board as many chains revamp their locations and menus.
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The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs.
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Record high prices of corn and soybean brought on by the worst U.S. drought in 56 years may be triggering a sense of de ja vu for Asia concerned about a repeat of the food scare in 2008, but most economists are downplaying those fears, for now.
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Jobless claims and increasingly soggy-looking earnings news could set the tone for stocks Thursday, after a two-day rally fueled by the prospect of more Fed easing.
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Last year, David Struthers’ Iowa corn crop got flattened by wind. This year, it’s getting hit by drought.
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Corn futures are heading to record highs on reports of wider crop devastation, and as forecasts show continued hot, dry weather threatening even more of this year’s crop.
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Find out what's on tap for Wednesday in his "Game Plan."
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A drought-fueled rally in soybeans, corn and wheat is raising fears of another round of food price inflation, posing an unwelcome complication for policymakers, particularly in emerging Asia, where higher consumer prices may hinder their ability to ease monetary policy.
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With nearly two-thirds of the US enduring drought conditions, food prices are expected to jump ahead of the November election. That could add to voter anxieties about the economy, the Christian Science Monitor reports.
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Both corn and soybean prices have slid from Monday’s record highs and should be considered a buying opportunity if this pull-back continues in the short term, Erin FitzPatrick, Commodity Analyst at Rabobank, told CNBC.
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Over the last 30 days corn is up 18.9 percent, wheat is up 30.9 percent, and soybeans have seen a 6.8 percent rise. These big moves are sparking concerns that products that use them will see price increases, especially with respect to corn.
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The U.S. government declared more than 1,000 counties in 26 states drought disasters, as the economic impact of the worst crop conditions in 24 years begins to be felt.
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The USDA slashed projections of corn production by a larger than expected amount, now predicting an average yield of 146 bushels an acre. "My concern is we're underestimating the scope of the problem," says Gulke, who also advises farmers on risk management tools like futures with The Gulke Group.
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After a multi-week rally, grain prices slumped Tuesday, as traders caught a whiff of summer rain in the forecast, ahead of a major government crop report Wednesday.
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The size and quality of the U.S. corn crop continues to deteriorate as scorching heat in the corn belt threatens the crop during its critical pollination, or "tasseling" stage.
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The auto industry has been one of the positives in this shaky economy but will it last? Traders will be watching June auto sales on Tuesday—especially after a weak ISM reading.
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