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By Nicholas Larkin, Bloomberg |
September 7, 2012
Copper traders are the most bullish in almost 11 months on mounting speculation central banks will do more to bolster growth, strengthening demand for metals.
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By Nicholas Larkin and Whitney McFerron, Bloomberg |
August 31, 2012
Corn and soybean traders extended their longest bullish outlook in at least 11 months on speculation rain in the U.S. will come too late to revive crops after the worst drought in a half century.
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By Matthew Malinowski, Bloomberg |
August 20, 2012
Analysts covering Brazil’s economy cut their 2012 growth forecast for the third straight week, even after recent signs that the economy may be picking up speed.
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By Tony C. Dreibus and Elizabeth Campbell, Bloomberg |
August 9, 2012
Stockpiles of the biggest crops will decline for a third year as drought parches fields across three continents, raising food-import costs already forecast by the United Nations to reach a near-record $1.24 trillion.
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By Rudy Ruitenberg, Bloomberg |
July 26, 2012
World corn production will fall 0.7 percent after crop conditions deteriorated in the U.S., the International Grains Council forecast, reversing its outlook for the harvest to climb to a record.
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By Alan Bjerga, Bloomberg |
July 25, 2012
U.S. consumers may pay 3 percent to 4 percent more for food next year, as the effects of the country’s worst drought since the 1950s works its way onto supermarket shelves, the Department of Agriculture said today in its first forecast for 2013.
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By Alanna Byrne |
July 25, 2012
It pales in comparison to the 400-year dry spell in Chile’s Atacama desert, but there’s no question that the U.S. is in the throes of a severe drought. Think it's bad? Here are five notable U.S. droughts.
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By Pratik Parija, Bloomberg |
July 20, 2012
The rice harvest in India, the world’s second-biggest producer, is set to drop from an all-time high as the weakest monsoon in three years slows planting, potentially boosting global prices. Futures climbed for the first time in four days.
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By Tony C. Dreibus and Elizabeth Campbell |
July 16, 2012
The worst Midwest drought since 1988 is baking farms from Arkansas to Ohio and threatening corn output that the U.S. said last week will be the second-largest ever.
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By Joshua Zumbrun and Mark Drajem, Bloomberg |
July 16, 2012
A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels.