DIRS.INFO The most relevant business & tech news

Investors like dividend stocks for their yields, but the equities' returns have been pretty dismal so far this year. "That's what is putting pressure on these [dividend] stocks, or maybe just keeping them from lifting." IPDP YTD line Dividend Performers ETF (IPDP) performance year to date When it comes to specific stocks, Gilreath likes two under-the-radar plays: Brady Corporation and ABM Industries . Brady, which manufacturers identification and health-care products, has a 1.7% dividend yield. Diversification in light of recession risk When it comes to dividends, investors should look for quality rather than quantity.

Persons: That's, Bond, Andrew Graham, Dave Sheaff Gilreath, Gilreath, Morningstar . Brady, Capital's Graham, Graham, Dow, Laura Mattia, Morningstar, George Gagliardi, You'd, I'm Organizations: Investment, Jackson, Capital, Federal Reserve, Brady Corporation, ABM Industries, Dow Inc, Dow, LyondellBasell, Shell, Coromandel Wealth Management, U.S Locations: San Francisco, Indianapolis, Sarasota , Florida, Lexington , Massachusetts

The U.S. Department of Agriculture’s ” plant hardiness zone map ” was updated Wednesday for the first time in a decade, and it shows the impact that climate change will have on gardens and yards across the country. One key figure on the map is the lowest likely winter temperature in a given region, which is important for determining which plants may survive the season. It's calculated by averaging the lowest winter temperatures of the past 30 years. Winter temperatures and nighttime temperatures are rising faster than daytime and summer temperatures, Primack said, which is why the lowest winter temperature is changing faster than the U.S. temperature overall. “There are a lot of downsides to the warmer winter temperatures, too,” said Theresa Crimmins, who studies climate change and growing seasons at the University of Arizona and was not involved in creating the map.

Persons: Chris Daly, Richard Primack, ” Primack, Primack, ”, Theresa Crimmins Organizations: WASHINGTON, The U.S . Department, Oregon, Agricultural Research Service, Boston University, University of Arizona, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Boston, The, U.S

☆ This corn was down to its last two cobs. Now it could help farmers grow food in the climate crisis
▼ + stars: | 2023-11-18 | by ( Jeremy Harlan | ) edition.cnn.com time to read: +7 min

What he saved he delivered to his only Jimmy Red customer two hours down the road in Charleston. “Not only was I counting on it, but High Wire Distilling was absolutely counting on it,” explained Coxe. A local moonshiner – and the last known grower of Jimmy Red corn – had just died, and the family no longer wanted to grow corn for whiskey distilling. Campbell Coxe harvests 50 acres of Jimmy Red corn on his Darlington, South Carolina, farm in September. This year, the distiller used 1.1 million pounds of Jimmy Red corn in its bourbon whiskey production.

Persons: Campbell, Coxe, ”, Red, moonshiners, Jimmy Red, “, sobered, ‘, Jimmy Red’s, Florence, Ted Chewning, Chewning, Campbell Coxe, Peter Frank Edwards, Brian Ward, it’s, Ward, ” Ward, Carolina Gold Rice, Ann Marshall, Scott Blackwell, Marshall, It’s, We’re Organizations: CNN, Hurricane, High, Clemson University, Carolina, Jimmy Locations: Hurricane Florence, Darlington County , South Carolina, Charleston, Florence, Colleton, Darlington, South Carolina, Island , South Carolina, Mississippi, Gulf of Mexico, Charleston , South Carolina

☆ There's no Christmas tree shortage this year despite Canada's record wildfire season, 2 experts say
▼ + stars: | 2023-11-17 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Despite the dry, smoky summer, there isn't a Christmas tree shortage, two experts said. While it caused air traffic delays and air-quality issues, it didn't affect this year's crop of Christmas trees, two experts told Business Insider. Past and future tree shortages"There's quite a bit of talk — again, internet and media and so forth — about a Christmas tree shortage," Cregg said. A report in 2014 blamed less demand during the 2008 and 2009 recession for fewer Christmas trees. Fraser firs are one of the most popular species of Christmas trees in the US and face challenges due to climate change.

Persons: Justin G, Whitehill, Bert Cregg, he's, Steve Reiners, —, Cregg, That's, Fraser, Chris Keane, Greg Hann, you've Organizations: Service, North Carolina State University, of Horticulture, Michigan State University, Cornell University, Association, YouTube, Tree Producers Association, Milwaukee Journal Sentinel Locations: Michigan, Wisconsin

☆ Hard Hit by Loss of Thai and Palestinian Workers, Israeli Farmers Call for Volunteers
▼ + stars: | 2023-11-14 | by ( Miriam Jordan | More About Miriam Jordan | ) www.nytimes.com time to read: +1 min

Israeli farms, core to the country’s national identity, for years employed Palestinian and Thai workers. “My workers are gone because of the war; I’m panicking,“ said Gabi Swissa, 61, from his farm outside Kadima in central Israel. For decades, he has counted on Palestinians and Thais to plant, harvest and pack strawberries. Volunteers he had expected to help on his farm one day last week had not shown up. Since the outset of the war, he said, farms are lacking at least 15,000 workers.

Persons: Thais, I’m, “, Gabi Swissa, Swissa, ”, Yuval Lipkin Organizations: Volunteers, Ministry of Agriculture Locations: Gaza, Israel

Biden sought to kickstart SAF production with a $1.25 per gallon production tax credit in the IRA. To be eligible for the credit, SAF producers must demonstrate their fuel is 50% lower in emissions than conventional jet fuel. The DOE spokesperson confirmed that ethanol producers must cut emissions of they want a long-term role in SAF production. Still, ethanol producers need carbon pipelines because many ethanol plants are not near geologically appropriate underground storage sites. Other options for reducing ethanol's carbon intensity include using renewable energy at ethanol plants, or climate-friendly farming practices for corn.

Persons: Tom Mihalek, Valero, Joe Biden's, Homer Bhullar, Biden, MARK, Barry Glickman, Nikita Pavlenko, Pavlenko, Leah Douglas, Laura Sanicola, David Gregorio Our Organizations: Eco Energy, REUTERS, Rights, SAF, U.S, Carbon Solutions, Valero Energy, U.S . Department of Energy, DOE, Honeywell, Biofuels, Growth Energy, Navigator, CCS, International Council, Clean Transportation, Thomson Locations: Philadelphia , Pennsylvania, U.S, Omaha, Iowa, Denver, Maine, North Dakota, South Dakota, Wolf's, Illinois

Researchers have known for a while that beer production will be affected by climate change, said Mirek Trnka, a professor at the Global Change Research Institute. Political Cartoons View All 1240 Images"If we don’t act, we’re just going to also lose things that we consider not to be, for example, sensitive or related to climate change. Climate change moves faster than we might realize – but still too slowly for many to notice, he said. Hayes kept the card in his office, and has made it his life’s mission to work on improving winter barley. No matter what farmers and companies do with hops and winter barley, climate change may affect what beer-lovers are able to buy in the future.

Persons: crisscrossed Gayle Goschie's, Goschie, Mirek Trnka, we’re, ”, Trnka, Shaun Townsend, Townsend, Kevin Smith, Smith, – Patrick Hayes, Oregon State University –, Hayes, Ashley McFarland, Douglass Miller, ” Hayes, Dee, Ann Durbin, Walling, ___, Melina Walling, Read Organizations: Change Research, Nature Communications, Oregon State University, University of Minnesota, Barley, Molson Coors, Anheuser Busch, Associated, Cornell, Associated Press, AP Locations: ANGEL, Portland , Oregon, Goschie, Willamette, U.S, Europe, Midwest, Detroit, Chicago

☆ Eli Lilly and more: Strategist names 5 stocks set for 'significant' earnings growth
▼ + stars: | 2023-11-10 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +4 min

Rising rates and the possibility of a recession on the horizon have created a "mixed picture" for equity markets, according to one strategist — but several companies can look forward to markedly stronger earnings growth in the next year. "But, if you're looking for significant earnings expansion, I suspect, at a market level, that's probably less likely. The earnings growth rate for the S & P 500 was 3.7% year-on-year – the first quarter with year-on-year growth since the third quarter of 2022, the data showed. "What Eli Lilly is going to do with their weight loss drug is not dependent on whether the rates are 5.2% or 4.8%. "People didn't really talk about [Adobe] — everyone assumed that they were going to be a loser from AI," he said.

Persons: —, they're, Rahul Ghosh, Rowe Price, Ghosh, Eli Lilly, Powell, Software Ghosh, — CNBC's Annika Kim Constantino Organizations: Healthcare Healthcare, UnitedHealth Group, Fellow, Food and Drug Administration, Software, Adobe Creative, Adobe Express

Souring relations between Asian rivals Japan and China now seem to be snagged on calm-inducing beauty in spas, museums and gardens. In recent years, koi have become hugely popular in Asia, with Japan's koi exports doubling over the past decade to 6.3 billion yen ($43 million) — one-fifth of them shipped to China, the top Japanese koi importer, followed by the United States and Indonesia. Fisheries Agency official Satoru Abe, in charge of koi quarantine, said China has not provided any explanation as to why it hasn't taken the necessary steps to continue koi shipments. IS THIS RELATED TO FUKUSHIMA DAIICHI'S TREATED WASTEWATER RELEASE? Abe, the koi quarantine official, said Fukushima’s wastewater release is unlikely to be the cause of the koi export stoppage, noting that China allowed Japanese koi in for two months after the water discharge began.

Persons: Satoru Abe, Abe, Ichiro Miyashita, “, Hirokazu Matsuno Organizations: TOKYO, CHINA, Japan . Fisheries Agency, International Atomic Energy Agency, Forestry, Fisheries Locations: Japan, China, Asia, United States, Indonesia, Beijing, Tokyo, JAPAN, CHINA, East China

Surging olive oil prices, driven in part by two years of drought in Spain, has meant opportunity for criminals across the Mediterranean. Warehouse break-ins, dilution of premium oil with inferior product, and falsification of shipping data are on the rise in olive-growing heartlands of Greece, Spain and Italy. Bekas, who owns 5,000 olive trees, suffered repeated raids by thieves before deciding to take an early harvest. After decades of growth, the global olive oil market has been disrupted by a nearly two-year drought in Spain, which typically accounts for about 40% of world supply. The regional agricultural association issued a plea for police assistance following reports that 100 olive trees were destroyed or seriously damaged in a single incident last month.

Persons: Konstantinos Markou, –, ” Markou, Neilos Papachristou, Christos Bekas, we’ve, ”, That's, Gennaro Sicolo, Ciaran Giles, Colleen Barry, Raf Casert Organizations: Farmers Locations: SPATA, Greece, Athens, Spain, Italy, Puglia, Papachristou's, Bari, Madrid, Milan, Brussels

☆ Tyson plant closures prompt economic soul-searching in the Ozarks
▼ + stars: | 2023-11-06 | by ( J.J. Mccorvey | Brian Cheung | ) www.cnbc.com time to read: +7 min

When Tyson Foods announced in August that it was closing its 1,500-worker chicken plant in Noel, Missouri, residents knew the rural town would be hit hard. Tyson didn't immediately comment on its compensation of former Noel employees. said Corina Chinchilla, 32, who worked for 13 years at the Noel plant, ultimately becoming a production supervisor for packaging chicken breasts and tenders. Other Tyson workers, like Ryan Coulter, 27, declined to move. State and federal officials, wary of economic fallout in the region, have pressed Tyson to sell some of the sites it's vacating.

Persons: Tyson, —, Jimi Lasiter, I'm, Lasiter, hadn't, Tyson didn't, Noel, Joe Biden, Corina Chinchilla, I've, didn't, Chinchilla, David Handy, Handy didn't, Ryan Coulter, Coulter, Terry Lance, Harry S, he'd, Lance, Sen, Josh Hawley, Andrew Bailey, Hawley, Donnie King Organizations: Tyson Foods, Bowling, NBC News, Value Foods, Amazon, Costco, Truman Coordinating Council, Missouri Independent Locations: Noel , Missouri, Danville , Virginia, Bowling Green , Kentucky, Monett , Missouri, Noel, Neosho, Ozark, Rock , Arkansas, Arkansas, Little Rock, Missouri, Texas, Somalia, United States, Dexter

Consumers started spending more on high-quality spirits during the pandemic shutdowns, which spurred a rise in premium beverage products, said Erlinda A. Doherty, an agave spirits expert and consultant. Both are proprietary spirits under Mexican laws, which are recognized in U.S. trade agreements. While he didn’t comment specifically on California’s foray into agave spirits, he said he believes Mexico can respond to the growing demand. The state legislature enacted a law last year requiring “California agave spirits” be made solely with plants grown in the state and without additives. He said those making agave spirits have a deep appreciation for Mexican tequila.

Persons: — Leo Ortega, Ortega, ” Ortega, Doherty, ” Doherty, “, ” Alfonso Mojica Navarro, ”, Henry Tarmy, “ We’ve, we’ve, Craig Reynolds, Davis, Stuart Woolf, Woolf, Lisa, ” Woolf Organizations: distillers, California —, Mexican Chamber, Tequila Industry, Ventura Spirits, California Agave, University of California Locations: Calif, Southern California, Mexico, California, United States, U.S, France, Jalisco, Texas, Arizona, Northern California, Central, Davis

Before the fire that destroyed almost everything here, Paradise was one of those blunders of American suburbia, a misplaced place that made little ecological sense. It inhabited a California landscape that wasn’t quite rolling foothill or rugged Sierra but an in-between zone where Ponderosa pines, Douglas firs and incense cedars kept the earth from baking like the great valley below. It wasn’t long before the town was saddled with the sorry title of the largest community west of the Mississippi without a municipal sewer system. Politicians and citizens alike paid little mind to sound planning or zoning laws or to safe spaces between houses and all that was kindling. There were few good roads in or out.

Persons: Douglas Locations: California, Mississippi

☆ 19 Best Gifts for the Tea Lovers in Your Life
▼ + stars: | 2023-11-02 | by ( Sarah Rose | ) www.wsj.com time to read: +10 min

For people who also drink coffeeSugar Wish The Coffee & Tea Sugarwish $45 at SugarwishThis Sugarwish coffee and tea gift box is a great option for anyone who loves coffee just as much as they love tea. Desains suggests a porcelain tea pot clad in stainless steel to keep a quality tea warm for hours. Alternately, make a tea concentrate by doubling the amount of tea leaves in hot tea, then pouring it over ice. For a twist on matchaIppodo Tea Genmaicha Green Tea $15 at AmazonIf you love matcha but want to try something new, you might enjoy this Genmaicha green tea from Ippodo Tea. It’s lighter than matcha and is made by blending green tea leaves with roasted rice, so it has a distinct flavor.

Persons: Sarah Rose, ”, “, Abigail St, Clair, St, Maria Uspenski, Tea Forte, Marmalade, Winter, Steve Schwartz, Ui, Kristen Chase, There’s, Ottilie Cunningham, Fortnum, Mason, Alex Monroe, Franck Desains, Waris, Elisabeth Noel Jones, Joshua Kaiser, Milwaukee’s Rishi, —, Cindy Sherman, Madame de Pompadour, French King Louis XV, Heidi Johannsen Stewart, Van, Brandon Friedman, Obama, ” Friedman, “ Matcha, Catherine Jue, Tekuno, Emeric Harney, Harney, ORLA KIELY, Ravi Kroesen, Smith, Orla Kiely, Jessie Dean, Katie Kitamura Organizations: Tea Bella Tea Company, Art, Mariages Freres, Desains, Amazon The, MET, Bellocq, Metropolitan Museum of, Amazon, 187th, Tea, Asheville Tea Company Locations: China, Tampa , Fla, Clair, Darjeeling, it’s, Boulder, Colo, chai In India, Los Angeles, Philadelphia, Paris, Brooklyn, U.S, Iraq, Afghanistan, Dallas, San Francisco, New York, Portland ,, North Carolina

☆ GOP congressman's farm deceptively sold the wrong type of lemon tree, lawsuit claims
▼ + stars: | 2023-11-02 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Rep. John Duarte, a vulnerable House Republican, owns a family tree farm in California. His farm is facing a new lawsuit alleging that they deceptively sold the wrong kind of lemon tree. That's on top of an existing 2015 lawsuit alleging that his farm sold defective pistachio trees. Specifically, Turner says that Duarte Trees and Vines — a tree nursery located in California's Central Valley — agreed to sell him 1,860 "8A Lisbon lemon trees," but sold him seedless lemon trees instead. AdvertisementAdvertisementWhile an invoice attached to Turner's complaint does corroborate that he was sold 8A Lisbon lemon trees, his suit may have a wrinkle: that type of lemon tree is known to have low seed counts.

Persons: John Duarte, —, Ron Turner, John Duarte's, Turner, Duarte, Duarte's, Joe Biden, Adam Gray, Jeff, Kevin McCarthy — Organizations: Republican, Service, Republicans, Democratic, Fox News, Agriculture, Central Locations: California, Lisbon

Federal and state wildlife managers confirmed Thursday that the endangered female wolf has traveled north of Interstate 40 and beyond a recovery zone that spans parts of southwestern New Mexico and southeastern Arizona. Both state and federal wildlife managers said they were monitoring the wolf’s movements and have yet to decide whether it will be captured again and relocated. Fish and Wildlife Service to remove all Mexican wolves north of Interstate 40, even in cases where the wolf causes no inconvenience or loss. Fish and Wildlife Service show there were at least 241 Mexican wolves roaming the southwestern U.S., marking the seventh straight year that the numbers have trended upward. Federal wildlife managers also documented more breeding pairs and pups last winter than in any year since reintroduction efforts began more than two decades ago.

Persons: Bryan Bird, ”, Loren Patterson Organizations: Federal, U.S . Fish, Wildlife Service, Southwest, of Wildlife, Rockies, New Mexico Cattle Growers ’ Association Locations: ALBUQUERQUE, N.M, Northern New Mexico, North America, New Mexico, Arizona, Albuquerque, Jemez Springs, Rocky, Taos , New Mexico, Colorado, Canada, Sierra of Mexico, U.S, Federal

☆ Lebanon Says Fires Destroy 40,000 Olive Trees, Blames Israeli Shelling
▼ + stars: | 2023-11-02 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Riham AlkousaaBEIRUT (Reuters) - Fires caused by Israeli shelling in south Lebanon have burned some 40,000 olive trees and torched hundreds of square km (miles) of land, dealing a serious blow to a major Lebanese crop, the agriculture minister said. The Israeli army denied the accusation and said the types of smoke-screen shell it uses do not contain white phosphorus. "These olives have not been harvested yet, meaning we lost the trees and the season," Hajj Hassan said. (But) we have olives trees that are 200 years old." Mohammad el Husseini of the south Lebanon farmers syndicate said the Lebanese government would not be able to compensate farmers for the losses, with the country four years into a devastating financial meltdown.

Persons: Israel, Abbas Hajj Hassan, Hajj Hassan, Dory Farah, Alma Alashaab, Mohammad el Husseini, Riham Alkousaa, Emily Rose, Mark Heinrich Organizations: Hezbollah, Hamas, Reuters, Agriculture, Agriculture Organization, FAO Locations: Riham, BEIRUT, Lebanon, Iran, Lebanese, Israel, Palestinian, Alma, Food, Olive, Beirut, Jerusalem

The January contract of frozen concentrated orange juice (FCOJ) on the Intercontinental Exchange (ICE) hit an all-time high of $4.17 per pound during the session, before falling back to $3.83 per pound. Did anyone predict $4.00 orange juice? As a comparison, the most traded contract among the soft commodities, ICE's raw sugar, had over 435,000 lots in open interest. Ibiapaba Netto, executive director at CitrusBR, the association representing Brazilian juice producers, said that a reversal of the current tight supply situation would take time, and is not certain to happen. Brazil has a 75% share of the global orange juice trade.

Persons: Mohamed Abd El Ghany, Dave Reiter, OJ, Darin Fessler, Ibiapaba Netto, Netto, greening, Marcelo Teixeira, Nick Zieminski Organizations: REUTERS, Intercontinental Exchange, Reiter Capital Investments, CitrusBR, Thomson Locations: El Nobaria, Cairo, Egypt, New York, United States, Brazil, Mexico, U.S

☆ Eyeing dividend-paying stocks? Don’t rush to pick up the richest yielding names
▼ + stars: | 2023-10-23 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Today's higher interest rate environment drives home the reason why investors should scrutinize stocks offering tempting double-digit yields. Digging beneath the surface Multiple factors may contribute to a stock touting high dividend yields at first blush. First, there are dividend sustainers – companies that have made steady payments for years, including Merck , Johnson & Johnson and Southern Co . Investors who want to hunt dividend payers shouldn't go for the biggest yielders, but instead look for names that are in the second or third quintile among dividend payers, he said. "For many investors, you can get a pretty good dividend play and a good yield through ETFs at a low cost," said Ebersole.

Persons: Bond, Charlie Gaffney, Gaffney, Eaton Vance, Jamie Ebersole, Kim Abmeyer, Morgan Stanley, shouldn't, Ebersole, Morningstar's Bryan Armour, VIG Organizations: Utilities, Morgan Stanley Investment Management, Ebersole, Abmeyer Wealth Management, Investors, Costco Wholesale, Merck, Johnson, Southern Co, Apple, Exxon Mobil, Walmart Locations: Southern

☆ Why Olive Oil Is So Expensive Right Now
▼ + stars: | 2023-10-22 | by ( Santul Nerkar | More About Santul Nerkar | ) www.nytimes.com time to read: +1 min

There is something different lately about the olive oil Michelle Spangler buys, bottles and infuses with flavors like basil and blood orange for her store in Dallas. It’s not the taste but the cost: Global olive oil prices have soared to record levels, more than doubling over the past year. “It’s not a cheap product,” Ms. Spangler said, “and so that will probably price some of my customers out of that product line in my store.”Like the oil that comes from the ground, olive oil is a globally traded commodity, with events in one part of the world reverberating far away. Drought in Spain, the world’s largest olive oil producer, has devastated recent harvests, and bad weather has hit olive crops in other major growers like Italy, Greece and Portugal. The United States imports almost all of the olive oil it consumes, primarily from Spain and Italy.

Persons: Michelle Spangler, It’s, Spangler, “ It’s, Ms Organizations: United Locations: Dallas, Spain, Italy, Greece, Portugal, United States

☆ Cavendish bananas face extinction and not all experts agree on how to save it
▼ + stars: | 2023-10-22 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +8 min

Cavendish, the most commonly available banana variety, is facing the risk of extinction. A fungal disease threatens to wipe Cavendish bananas off the face of the Earth. Why Cavendish bananas dominate the global marketThere are over 1,000 varieties of bananas, but about 47% that humans eat are Cavendish bananas (Musa acuminata). Fajri Ramadhan / 500px / Getty ImagesPanama disease is a serial banana killerWhat's happening to Cavendish bananas has happened before to another popular banana variety called Gros Michel. How scientists are trying to save the CavendishSome plant pathologists don't believe that the Cavendish banana will meet the same fate as Gros Michel.

Persons: Cavendish, —, Dan Koeppel, Fajri, Gros, Gros Michel, James Dale, Robert Nickelsberg, Dale, Koeppel, COZZI, Price Organizations: Service, Queensland University of Technology, TR4, Gros, University of Cambridge, Taiwan Banana Research Institute, Apple, Cavendish Locations: Cavendish, Musa, Panama, Darwin, Australia, Queensland, India, China, East, Africa, South America, QCAV, freezers

Republican presidential candidate Florida Governor Ron DeSantis speaks at the New Hampshire Republican Party's First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. When Troy Scheuermann, a chiropractor in Van Buren County stood up to introduce DeSantis at a campaign stop in Keosauqua (pop. For farmer Lance Lillibridge of Benton County, Iowa, a personal touch from DeSantis, a politician not known for his warmth, is what secured his support. RURAL ROADSIn a recent three-day swing through Iowa, DeSantis traveled through Davis County (pop. The Trump campaign said it has identified 1,800 in-state volunteers to support the campaign, as well as 200 county chairs representing all 99 counties.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Trump, DeSantis, Nikki Haley, Mike Pence, Tim Scott, Troy Scheuermann, Scheuermann, “, ”, ” DeSantis, Van, Le Mars, Don Kass, Mike Van Otterloo, Van Otterloo, David Kochel, Jeb Bush, Mitt Romney, Kochel, Lance Lillibridge, Lillibridge, ” Lillibridge, Ted Cruz, Rick Santorum, Mike Huckabee, you’re, “ We’ve, Jessica Szymanski, Szymanski, James Oliphant, Gram Slattery, Nathan Layne, Ross Colvin, Claudia Parsons Organizations: Florida, New Hampshire Republican Party's, Nation Leadership Summit, REUTERS, Republican, Trump, Iowa, Ipsos, Iowa Republican, United Nations, Ukraine, PEOPLE Reuters, Reuters, Cream, Plymouth County, Supervisors, DeSantis, Iowa Corn Growers Association, Arkansas, “, PAC, White, Thomson Locations: Nashua , New Hampshire, U.S, , Iowa, Iowa, Florida, DeSantis, Van Buren County, Keosauqua, Van Buren, Le Mars , Iowa, Plymouth, Benton County , Iowa, China, Davis County, Buena Vista County

☆ Analysis: Bumper US corn harvest sinks prices, pushes global supply to surplus
▼ + stars: | 2023-10-19 | by ( Mark Weinraub | ) www.reuters.com time to read: +5 min

A bumper harvest will strain storage capacity and hold down prices of the world's most traded commodity crop. Already corn prices are trending near three-year lows at a time when some food prices are rising due to tight supplies of other staples like rice, stoking inflation worries. Just 16 months ago corn prices were at their highest in a decade as the war in Ukraine disrupted supplies from the Black Sea breadbasket. USDA forecast that domestic corn supplies would jump 55% to 2.111 billion bushels in the 2023/24 marketing year, helping push the global stockpile to a five-year high by September 2024. Some growers need to take out loans to fund their operations as they wait and hope corn prices will rise.

Persons: Shannon Stapleton, Steve Pitstick, Pitstick, Stephen Nicholson, Bill Roenigk, Harold Wolle, Wolle, Tom Polansek, Caroline Stauffer, David Gregorio Our Organizations: REUTERS, U.S . Agriculture Department, Brazil, Rabobank, Corn, Maine Foods, U.S, Growers, Thomson Locations: Kelley , Iowa, U.S, PARK , Illinois, Chicago, Illinois, Ukraine, Cal

☆ Jim Cramer’s guide to investing: cyclical versus secular
▼ + stars: | 2023-10-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

For example, what does it mean when a stock or sector is described as "cyclical" or "secular"? Secular companies, on the other hand, are ones that can thrive regardless of the economy's health. During a recession, people must continue to eat and brush their teeth with the products of secular companies, he explained. That said, investors should aim to own both cyclical and secular stocks, he added. "Now you always want some cyclical stocks and some secular stocks in your portfolio, because you can never be completely sure where the economy's headed.

Persons: CNBC's Jim Cramer, Cramer

ORLANDO, Fla. (AP) — The forecast for Florida citrus, the state’s signature crop, is expected to improve in the upcoming season compared to last year when twin hurricanes battered the state at the start of the citrus season, according to estimates released Thursday. Florida is expected to produce 20.5 million boxes of oranges during the upcoming season, up from 15.8 million boxes last season, according to the U.S. Department of Agriculture. Florida growers are expected to harvest 1.9 million boxes of grapefruit during the 2023-2024 season, which lasts through next spring, up from 1.8 million boxes last season. The harvest was 41.2 million boxes in 2021-2022 and more than 52.9 million the season before that. Even before the hurricanes, citrus production had been on a downward trajectory because of ongoing disease problems.

Persons: mandarins, Hurricanes Ian, Nicole Organizations: U.S . Department of Agriculture, Hurricanes, Sunshine State Locations: ORLANDO, Fla, Florida, U.S, California

Search resuls for: "Growers"

25 mentions found