During this prolonged period of abundance of commodities, prices for grains, metals, crude oil, natural gas and cotton have pounded into the ground, cheapening costs for consumers, but leaving little or no profit potential for farmers and other producers. However, there remain pockets of bul…
This week, tensions between Russia and Ukraine escalated again, as Russian troops and tanks reportedly invaded Ukraine. While US military involvement still seems unlikely, analysts believe the situation is shifting toward a full-blown war, which could destabilize both nations and limit their…
The cost of a balanced breakfast continues to get cheaper as orange juice prices plummet. U.S. demand for orange juice has fallen to the lowest level in more than a decade as consumers snub O.J. for other beverages, dropping prices near the lowest level for the year.
News the Obama administration is paving the way for an increase in oil exports for the first time in nearly 40 years provides more evidence of high production and ample supplies in North America.
Corn prices are plummeting as farmers across the Midwest race to plant this year’s crop. It is widely expected that 70 percent of the corn crop will be planted by this weekend, which helped to confirm the market’s expectations for another large harvest of the grain this fall. As a result, pr…
U.S. crude oil supplies are continuing to swell, reaching nearly 400 million barrels last week, the highest level since 1931. Oil supplies are rising even as refineries are running near full-speed, pumping out large volumes of gasoline and diesel fuel.
Janet Yellen, in her first meeting as chairwoman of the Federal Reserve, last week indicated the Fed would continue to reduce stimulus and could be on track to start raising interest rates in the near future. In response, gold prices have collapsed, losing more than $100 per ounce.
The crisis in Ukraine deepened this week as the Crimean region prepared for a referendum on Sunday about whether or not to break away from the rest of Ukraine. The vote could lead to a standoff between Russian President Vladimir Putin and Western leaders, who have declared the referendum illegal.
Orange juice futures shot sharply higher this week on fears the nationwide cold snap could damage Florida’s sensitive orange groves. Although the Sunshine State was spared from the blisteringly cold temperatures that spread across northern states, temperatures did plunge into the 30s, which …
Despite the blisteringly cold weather throughout much of the country, two of America’s favorite hot drinks aren’t seeing price increases. Cocoa and coffee prices both fell hard this week, primarily due to healthy harvests in tropical countries.
Pork market sizzles
VALPARAISO | The former Natural Ovens Bakery dome isn't the only building the city hopes to obtain and demolish in the near future.
VALPARAISO | The second phase of the Chautauqua Park stormwater relief project has spawned a petition battle to save the trees next to the old Valparaiso Technical Institute property.
This week, tensions eased between Syria and the United States as it looked like a Russian-brokered deal might lead to peaceful removal of chemical weapons. The potential for peace caused a sell-off in gold, crude oil, and related commodities.
The USDA released a monthly report on Monday showing the U.S. soybean crop would be notably smaller than expected, though still large by recent standards. The shrinking crop expectations started a rally that lasted all week, with soybeans climbing by as much as 90 cents (up 7.6 percent) by F…
Wall Street may have been closed on July 4, but news flowing out of Egypt set off fireworks in the oil markets. Recent political unrest in Egypt led to the ousting of Egyptian President Mohammed Morsi. Morsi was overthrown as a result of widespread criticism across Egypt that he was not shar…
VALPARAISO | Naturepalooza, the annual Living with Lakes seminar, will be held from 11 a.m. to 4 p.m. Saturday at the Big Wheel pavilion at Rogers Lakewood Park.
Despite the poor weather conditions earlier this spring that delayed planting across much of the Midwest, America’s farmers likely planted a record corn crop, according to USDA estimates. A report released Wednesday projected a total corn crop of more than 14 billion bushels, a jump from the…
VALPARAISO | Members of the Chesterton and Valparaiso high school debating teams will debate the pros and cons of fracking at Monday's meeting of the Valparaiso Chain of Lakes Watershed Group.
On Friday, corn reached the highest price since early December, climbing to more than $7.46 per bushel. Prices rallied as the market grew more concerned about hot and dry weather in Argentina threatening that nation’s crop. Argentina is the world’s fourth-largest corn producer, and its April…
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