Peter Egli News Today

As with other crops, Brazil is close to unseating the US to become the world’s biggest cotton exporter as Texas, America’s top-producing region, buckles under searing heat and drought.

Cotton crop conditions in the U.S. are at their second to worst level ever, with 40% of the production in an area experiencing drought as of Friday.

For 111 years, the Suvretta House near St. Moritz has hosted the most sophisticated and elegant guests in its luxurious halls. For Classic Driver, the legendary Swiss grand hotel is more than a place of longing – it has become a second home in the Alps.

The world’s cotton supply keeps shrinking, hit by drought and heat.

Extreme weather is wreaking havoc upon virtually all of the world’s largest cotton suppliers.

Extreme weather is wreaking havoc upon virtually all of the world’s largest cotton suppliers. In India, the top-producing country, heavy rains and pests

Extreme weather is wreaking havoc upon virtually all of the world s largest cotton suppliers. In India, the top producing country, heavy rains and p...

(Bloomberg) -- Cotton futures jumped to the highest in more than 10 years after the U.S. government cut its outlook for domestic production more than analysts expected. The Department of Agriculture  on Wednesday trimmed its estimate for U.S. output to 17.

(Bloomberg) -- Sugar held gains from a two-month low in New York as a recent rally in the white-sugar premium makes it more attractive to refine raw supplies.

The commoditys price is up 22 percent in the past week and cotton futures spiked four percent to $1.09 - the highest since September 2011. This time last year cotton, was about 65 cents per pound.