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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Tony C. Dreibus and Jeff Wilson, Bloomberg |
February 13, 2013
Corn futures fell, capping the longest slump in 32 years, on speculation that beneficial weather will boost crops in Argentina, the world’s second-biggest exporter, and Brazil.
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By Sholom Sanik |
January 30, 2013
Wheat prices have been in a precipitous decline since they brushed close to $10 per bushel highs back in August. Recent reports were mostly bullish.
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By Rich Nelson |
January 24, 2013
Despite a Russian threat to curtail imports of U.S. and Canadian livestock, both hogs and cattle showed signs of resilience.
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By Shruti Date Singh, Bloomberg |
January 17, 2013
Cargill Inc., the largest U.S. beef processor, will idle a Texas processing plant after the size of the cattle herd fell to a 60-year low and years of drought increased feed costs. Cattle futures dropped.
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By Tony C. Dreibus, Bloomberg |
January 11, 2013
Wheat futures rose the most since November after the U.S. Department of Agriculture said stockpiles will be lower than analysts expected and that less winter grain was planted than forecast.
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By Rich Nelson |
January 10, 2013
Hogs may have overreacted to short-term supply numbers, while cattle continues to deal with tight inventories.
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By Tony C. Dreibus, Bloomberg |
January 3, 2013
The worst U.S. drought since the 1930s Dust Bowl is damaging wheat crops across the world’s biggest supplier, at a time when managed funds are the most bearish on prices in seven months.
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By Rudy Ruitenberg and Chanyaporn Chanjaroen, Bloomberg |
December 27, 2012
Wheat futures declined to the lowest since July, extending a three-week decline after a storm brought snow cover in the U.S. Plains for next year’s crop and as import demand slowed.
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By Rich Nelson |
December 19, 2012
Snow forecasts for the Midwest have been rising, threatening transportation, and hog and cattle traders have been paying attention.
