Torrential rains in the Midwest flood rural communities and decimate farmland. New research suggests the demise of key government supports for ethanol would have little impact. "Cap and trade" is dead, but policymakers press on with legislation to fight climate change. Commodity market analysis with Don Roose. (27:46)
In the News
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Ousted USDA Employee Sherrod Plans to Sue Blogger
(Jul 30, 2010) SAN DIEGO (AP) -- Ousted Agriculture Department employee Shirley Sherrod said Thursday she will sue a conservative blogger who posted a video edited in a way that made her appear racist.
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Feds, Farmers Create Habitats for Migrating Birds
(Jul 30, 2010) MAMOU, La (AP) -- Water gurgling from a well is flooding Craig Gautreaux's rice and crawfish fields, turning the farm into a wetland for migratory birds whose usual Gulf of Mexico wintering grounds are threatened by the oil spill.
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Chicken Producers Debate 'Natural' Label
(Jul 30, 2010) SAN FRANCISCO (AP) -- A disagreement among poultry producers about whether chicken injected with salt, water and other ingredients can be promoted as "natural" has prompted federal officials to consider changing labeling guidelines.
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Philippines Swimming in Rice Amid High Imports
(Jul 30, 2010) MANILA, Philippines (AP) -- The world's biggest rice importer, the Philippines, is now "swimming" in the staple grain because of massive imports by the previous government that drove world prices to record highs and possibly enriched corrupt...
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Kraft Will Increase Whole Grains in More Than 100 Cracker Products over Next 3 Years
(Jul 30, 2010) PORTLAND, Ore (AP) -- Kraft Foods Inc.