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By Tony C. Dreibus, Bloomberg |
April 29, 2013
Hedge funds accumulated their second-biggest position against gold on record just as prices rallied the most in 15 months on surging demand for coins and jewelry and Goldman Sachs Group Inc. ended a recommendation to sell.
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By Luzi Ann Javier and Supunnabul Suwannakij, Bloomberg |
March 5, 2013
Farmers are preparing to plant a record rice crop that will boost inventories held by the world’s biggest exporters to the highest ever.
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By Whitney McFerron and Maria Kolesnikova, Bloomberg |
October 8, 2012
Grain prices that tumbled in recent weeks may rebound as demand stays robust while global stockpiles tighten after drought hurt crops from the U.S. to Russia.
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By Tony C. Dreibus, Bloomberg |
August 30, 2012
Kansas farmers are preparing to plant winter wheat into the driest soil since 1991 as three seasons of drought causes Dust Bowl conditions in the biggest growing state and global reserves fall to a four-year low.
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By Prabhudatta Mishra, Bloomberg |
August 16, 2012
Rice production in India, the world’s second-biggest grower, is poised to slump from a record as the worst monsoon since 2009 reduces planting, potentially lowering exports and boosting global prices.
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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 Whitney McFerron, Bloomberg |
August 1, 2012
Wheat fell in Paris and Chicago on speculation that global supplies of the grain will be enough to offset a plunge in the U.S. corn harvest as Midwest crops suffer from the worst drought in a half century. Corn also declined.
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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 Elizabeth Campbell, Bloomberg |
May 1, 2012
The heaviest and most numerous U.S. pig population on record and rebounding Chinese output are creating a surplus that is poised to halt a four-year rally in prices.
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By Joe Richter, Bloomberg |
April 29, 2012
Speculators reduced bullish bets on corn just before the U.S. reported its single biggest export sale in 18 years and prices surged.
