Commodities & Metals
Commodities & Metals Articles
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This is an unusual...
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Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern over the...
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Peabody Energy Corp. (NYSE: BTU) this morning reported its quarterly results of $0.73 adjusted earnings per share (EPS) and $2 billion in revenue. EPS dropped from $1.11 in the same period a year...
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Fertilizer maker Potash Corp. of Saskatchewan Inc. (NYSE: POT) is expected to report earnings on Thursday, and post earnings per share (EPS) of $1.02 on revenue of $2.37 billion. A year ago the...
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The weather forecast for US corn growers is little cooler and wetter today, especially toward the end of the week. A forecast for up to one inch of rain in some parts of the Midwest sent corn futures...
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The drought in the Southwest and Plains States has not gotten any better. Based on weather reports, it probably will get worse. The byproducts of the drought have worsened in the past few days....
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The worst U.S. drought in more than half a century has pushed the prices of soybeans and corn to record highs. Although the American economy has been largely free of inflation, the costs of these two...
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Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is far from your ordinary company because this is quite literally a publicly traded treasure hunting outfit. Now it might be a silver mining outfit...
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By now you know about the drought engulfing U.S. farmers throughout much of the United States. While Texas has been getting the rain it missed in all of 2011, the drought is full-on throughout much...
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The Coca-Cola Co. (NYSE: KO) reported second-quarter results this morning, posting EPS of $1.21 on revenue of $13.1 billion. Net earnings were slightly lower compared with last year: $2.79 billion...
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The worst drought in 56 years now threatens crops in a vast swath of the U.S. midsection, running from Indiana to the Sierras. The seasonal outlook through September shows about 70% of the country...
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Lack of rainfall in the US Midwest has pushed corn futures to a 10-month high, even though some rain is forecast for this week. Hot weather is expected to continue, and the amount of rainfall...
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Billionaire Wilbur Ross, who founded International Coal Group in 2005 and sold the company to Arch Coal Inc. (NYSE: ACI) last year for $3.4 billion, told Bloomberg News that current problems in the...
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Led by the country’s largest producer of rare earth minerals, China is reported to be preparing the launch of a spot trading platform for rare earth minerals on August 8th. Reuters cites a report...
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The US Department of Agriculture released its weekly drought monitor today, noting that rainfall in some parts of the US last week did almost nothing to alleviate the hardest-hit areas: [O]nly a few...
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