(SKHoward/iStock/Getty Images)

Climate change has U.S. fund managers adjusting agriculture investments

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling

CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weak export data drags soybeans to new lows

Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed