wheat

Why Beer Costs More: A Sudsy Economics Lesson

It feels like the price of a case of beer is higher than it has been since the Babylonians first started fermenting barley 6,000 years ago. But what's behind the rising prices? Turns out, the explanation requires a tour across the economic landscape -- and around the world.

Six Things That Have Changed for Investors

Friday's employment report has created an even hazier backdrop for stocks. Recent data showed an economy starting to cool, but with 244,000 jobs created in April, this expansion may have legs after all. But the economy's areas of support aren't what you'd have expected a few months ago.

Food, Clothing Prices Should Fall As Commodities Tumble

Over the past year, the prices of many commodities have risen at record paces to record highs. But recently, those prices have begun to plunge, and consumers should begin to see the effects of those declines fairly soon, in the form of less-expensive groceries and clothing.

Inflation Warning: Should the Fed Raise Interest Rates?

It's no surprise that consumer prices are rising -- the prices of commodities from cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.

Wheat Prices Spike After UN Warns of China Drought

Wheat prices reached their highest prices in more than two years after a United Nations agency warned that China may face a wheat-supply shortage because of a recent drought, The Wall Street Journal reported.

A Rising Dollar and Cooling China Will Pop the Commodities Bubble

The dollar is looking mighty attractive, thanks to a reviving U.S. economy and eurozone woes, and it will only get stronger as traders who gambled that it would fall buy dollars to unwind their bad bets. Add in China's desperate need to get its overheated economy in check, and commodities prices look like they have nowhere to go but down.

As the Dollar Sinks, Prices of Essentials Soar

Intended or not, the Fed's quantitative easing policies are destroying the dollar's value. And that in turn is pushing prices of commodities that Americans need -- such as instance food, cotton and oil -- ever higher. And that hurts companies as well as consumers.

Squeezing Seniors: Social Security Stays Flat as Prices Rise

Besides the unemployed, nobody is getting hurt worse in this economy than seniors. Prices on many commodities are skyrocketing, but the Consumer Price Index, which is the yardstick used to adjust Social Security for inflation, is virtually unchanged.

UK Food Prices Rise the Most in a Year

British food prices rose at the fastest rate in a year in August thanks to higher prices for commodities. Food prices increased at an annual rate of 3.8% in August, compared with 2.5% in the previous month, Bloomberg News reported, citing a statement by the British Retail Consortium. That%u2019s the fastest increase since July 2009.

World Population Growth: Time to Invest in Agriculture

As the Russian wheat shortage sends food prices soaring, investors should note that such stories are going to become only more common as the developing world expands. For this and other reasons, the agriculture sector is worth considering.

Wheat Rises as Russia Extends Ban, Mozambique Strike Continues

Wheat prices rose after Russia extended an export ban on grains and high food prices prompted a strike in Mozambique. Wheat for December delivery rose as high as $7.2475 a bushel in Chicago trading, Bloomberg News reported. Russia, crippled by drought and wildfires in crop-growing areas, said Thursday that its ban on grain exports would last until after the next harvest.

European Wheat Prices Remain High on Russia Concerns

Wheat prices in Europe lingered above 220 euros a ton on concerns related to Russia%u2019s drought. November milling wheat fell 0.50 euros, or 0.22% to 223 euros a ton at 5:41 am EDT on Euronext, Reuters reported. Prices rose almost 7% in the previous session.

Russian Heatwave Drives Wheat Prices to 22-Month High

Prices for the staple crop have jumped 50% since late June, topping $7 a bushel on the Chicago Board of Trade. A prolonged drought in Russia, one of the world's largest wheat exporters, has severely damaged crops, and wildfires have swept through some agricultural areas. Prices for the staple crop have jumped 50% since late June, topping $7 a bushel on the Chicago Board of Trade, BBC News reported.

All Dow 10,000s Aren't Created Equal

It's no wonder stock market cheerleaders don't want us to look at 2009's Dow 10K in terms of our purchasing power: The results are sobering. For example, 1999's Dow 10K bought 8,300 gallons of gasoline, but 2009's version is worth only 4,000.