Joe Del Bosque’s workers are tending irrigation lines and priming pumps for the cantaloupe season on 1,000 acres north of Mendota, California, an area bigger than Central Park. The drought gripping the most productive U.S. agricultural region may claim more than half that land.
Din Tai Fung, a restaurant in Shanghai’s Xintiandi district, is famous for its steamed pork dumplings. The pigs that keep those dumplings on the table are fattened with corn -- much of it imported from the U.S.
A gauge of U.S. corporate credit risk climbed from a six-year low as concern that lawmakers may fail to reach a budget deal overshadowed better-than-forecast economic data. Deere & Co. plans to sell $1.25 billion of bonds.
Top farm-equipment makers from Deere & Co. to Agco Corp. expect demand in Brazil’s $10 billion market to drop in 2014 as rising borrowing costs and slumping crop prices thwart a boom that lifted sales to a record this year.