soybeans

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US Farmers See Leaner Times in Stormy Market

Many predict downturn for agriculture after years of record profits

(Newser) - Plunging crop prices and soaring costs are hitting US farmers with a one-two punch that’s knocked the fight out of what had been one of the stronger segments of the nation’s economy, reports the Wall Street Journal. Corn prices have dropped some 50% since July, and prices for...

Farms Fuel Boom in US Exports
 Farms Fuel Boom in US Exports
Aug 18, 2008 9:21 AM CDT

Farms Fuel Boom in US Exports

Strengthening dollar could trim growth of sales abroad

(Newser) - Worldwide demand for grain and a weak US dollar helped drive exports up 7.1% in the first half of the year, providing a respite from the barrage of negative economic news. But experts warn the commodity-driven rise could be brief, reports the New York Times. Export surges of agricultural...

Midwest Awaits Bumper Corn Crop
 Midwest Awaits
 Bumper Corn Crop
Aug 13, 2008 8:19 AM CDT

Midwest Awaits Bumper Corn Crop

Ideal growing weather wipes out flood fears

(Newser) - America's farmers are on track to deliver the second-biggest corn harvest ever despite June floods, according to the Department of Agriculture. Shortages were predicted after severe flooding swamped fields, but the Midwest has had ideal corn-growing weather since, the New York Times reports. A healthy soybean crop is also expected.

Corn Prices Leave Catfish Farmers Gasping

Southern farmers abandon fish biz as feed prices triple

(Newser) - The soaring price of corn and soybeans is moving up the food chain and drying up the South's catfish farming industry, reports the New York Times. Farmers are draining their ponds as the cost of feeding the fish becomes prohibitive. In the Mississippi Delta, heartland of the relatively new industry,...

After the Deluge: Tallying Massive Costs

Food prices may rise for years to come

(Newser) - Floods that ravaged the Midwest have begun to subside—but  the massive costs of weeks of rising water have only begun to be counted. The floods killed 24 people, left 38,000 homeless and destroyed billions of dollars of crops. The losses are likely to trigger food shortages and push...

Investors Sink Billions in 'Green Gold'

But some worry what happens when bottom falls out of farming

(Newser) - Billions of investment dollars are pouring into agriculture as the global demand for food explodes, turning crops such as wheat, corn, and soybeans into green gold, reports the New York Times. And while the immediate impact of more money being fed into agriculture will likely result in increased food production,...

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