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Lack of rainfall across the American Midwest is taking the blame for corn, soy and wheat inflation. The amount of United States corn crop rated “good” to “excellent” has dropped to just 55 percent, according to reports, the lowest for this time of the growing season since 1992. A week prior, that figure was 61 […]
A shortage brought about by the emerging El Nino ahead of a Northern Hemisphere summer in Vietnam and Indonesia has pushed Robusta coffee bean prices to a 12-year record high. Vietnam is the [...]
The ongoing drought in large parts of the United States is forcing wheat farmers to abandon a portion of their crop at rates not seen in over a century. According to the U.S. Department of [...]
An ongoing drought in Spain has pushed olive oil prices to record highs, and these prices are expected to stay at that level for some time. Citing data from the International Monetary Fund, CNBC [...]
Meteorologists have warned that much of the country should brace for the late April blast of freezing weather. Though the cold may not risk the corn already planted in fields, there are growing [...]