*Argentina crops benefit during critical weekend. CHICAGO, Feb 8- U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Soybean traders focused on Argentina after storms brought moisture to dry fields during a key time for crop development.» Read More
Food prices and security, threatened by weather-caused production declines and relentless rising demand, will be a key issue at the conference of world business, political and social leaders.
Signs look positive for the agricultural and fertilizer industries in 2012, and U.S. companies would likely benefit the most, investor Dennis Gartman said on “Fast Money.”
Dennis Gartman, The Gartman Letter, weighs in on legendary investor, Jim Roger's Ag commodities play, and the outlook for gold.
Gold prices will rally again in 2012 to reach $2,000 to $2,500 per ounce because demand is still strong and the precious metal is still seen as a safe haven, according to Sabine Schels, a commodities strategist at Bank of America Merrill Lynch.
Despite an unexpected deterioration in macro indicators in developed markets, Goldman Sachs believes commodity prices will hold up over the coming year.
When the Chinese came looking for more soybeans in Uruaçu, Brazil, last year, they inquired about buying land — lots of it. Now some in Brazil are beginning to see those purchases as a problem.
Experts in the corn, wheat and soy markets expect the sharp pullback in recent weeks to be little more than a temporary correction as heavy rain and strong demand cause prices to rebound.
Silver prices are rising on expectations of stronger demand and the metal's appeal as a relatively safe investment in times of uncertainty.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.