Agricultural Commodity Markets

Seasonal outfits that work across breadbasket states lost business with a slow start. Seasonal outfits that work across breadbasket states lost business with a slow start. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

A glut of pigs is squeezing hog farmers and meat companies, but consumers have yet to see lower prices. A glut of pigs is squeezing hog farmers and meat companies, but consumers have yet to see lower prices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…

The market for hay is overshadowed by grains but can drive up food prices. The market for hay is overshadowed by grains but can drive up food prices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your…

KIBBY TOWNSHIP, Maine— Weyerhaeuser Co. has cut down more trees than any other American company since its founder started logging before the Civil War. Environmentalists have long treated it as an enemy. Now, the new math of carbon emissions is enabling the lumber producer to cast itself as something quite different: a force for environmental good. KIBBY TOWNSHIP, Maine— Weyerhaeuser Co. has cut down more trees than any other American company since its founder started logging before…

High prices for crops and livestock are fueling a boom in the U.S. Farm Belt, making farmers, ranchers and agricultural companies rare winners as the broader American economy softens.U.S. net farm income is expected to surge to $160.5 billion this year, boosted by increased prices for farm goods ranging from wheat to milk, according to a key U.S. Department of Agriculture forecast in December. If realized, farm income would reach the highest level since 1973 in inflation-adjusted dollars, marking a sharp recovery from an…

ISTANBUL—Russia said it would resume participation in a deal to allow Ukrainian grain exports, ending a dayslong standoff that threatened the steady flow of such shipments to world markets.Grain markets fell after Russia’s move. Wheat was down more than 5% early Wednesday, while corn prices lost more than 1%. Over the weekend, Russia suspended its involvement in a deal with the United Nations and Turkey struck in July that allowed for the safe passage of grain exports from war-torn Ukrainian ports through the Black Sea to…

Frackers in America’s busiest oil field are butting heads with miners working to boost production of a vital crop nutrient in short supply following Russia’s invasion of Ukraine.Relentless drilling in the Delaware basin has pushed New Mexico’s oil production up faster than in any other state over the past 10 years. But the Delaware, part of the Permian oil field that straddles West Texas and southeastern New Mexico, also contains vast deposits of potash, a key fertilizer ingredient for corn, cotton, sugar, wheat and many…

Some of the world’s largest grain companies posted better-than-expected profits and raised their financial outlooks for the year, thriving off crop shortages and global volatility.Two of the largest farm giants that dominate global grain trading and processing, Archer Daniels Midland Co. ADM 2.60% and Bunge Ltd. BG 6.99% , said this week that despite fears about a recession, demand for their grain, biofuels and…

CAIRO—When customers walk into Ahmed Ali’s pharmacy here, they often walk out without the medicine they need. He has run out of nearly a dozen prescription drugs for common ailments like high blood pressure and osteoporosis.“Every day I have to say that something isn’t available,” said Mr. Ali, 26, whose patients are flying to Turkey or the U.K. to get medicine, if they can afford the flight. Those who can’t turn to a growing black market for prescription drugs. Shortages of medicine, clothing and food are gripping Egypt,…

Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a sharp slowdown in construction.Lumber futures ended Monday at $410.80 per thousand board feet, down about one-third from a year ago and more than 70% from their peak in March, when the Federal Reserve began raising interest rates to fight inflation. Wood prices crashed in the early days of the 2020 lockdown, but they exploded…