Temperatures may finally be cooling off, but hot temperatures and corresponding droughts are hurting farmers — and that could trickle down to your own wallet soon.
The cost of soybeans is now hitting levels not seen just before the 2008 food crisis, and when this happens farmers switch to soybeans and away from rice — that crucial staple of diets in so many parts of the world.
The world's largest commodities trader Glencore has agreed to buy mining giant Xstrata to create a global giant in coal, zinc and copper mining and production.
The wholesale price of orange juice hit a 34-year high on news the FDA is testing for an illegal fungicide reportedly found in the juice of oranges imported from Brazil.