Taylor Wimpey Plc, the U.K’s second-largest homebuilder by volume, rose to the highest in five years after saying customer interest was growing and homes reserved for purchase increased in the first quarter.
Florida’s orange crop, the world’s second largest, may face damage as Tropical Storm Debby drenches groves and causes flooding in some areas, said Jim Dale, a senior risk meteorologist for British Weather Services.
The drought that ravaged U.S. corn and soybean crops and spurred record prices may persist, threatening a recovery in production this year that’s needed to bolster global inventories, according to forecasters.
Hurricane Irene, the first of the 2011 Atlantic season, picked up strength as it moved toward the southeastern Bahamas on a path that could take it to Florida by week’s end, the U.S. National Hurricane Center said.
Crop-damaging weather from the La Nina phenomenon that brought flooding to Australia and drought to Argentina may be ending, Jim Dale, senior meteorologist at High Wycombe, England-based British Weather Services, said. He made the following comments from an e-mail today.