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Food and Beverage Agriculture

  • WASHINGTON, May 23- The chief executive officers of two major American companies- retailer Target Corp and agribusiness Archer Daniels Midland Co- offered opposing views in a hearing before U.S. lawmakers on Tuesday on a proposed border adjustment tax. Target CEO Brian Cornell has been one of the most vocal opponents of the Republican-backed border...

  • WASHINGTON, May 23- The chief executive officers of two major American companies- retailer Target Corp and agribusiness Archer Daniels Midland Co- will offer countering views in a hearing before U.S. lawmakers on Tuesday on a proposed border adjustment tax. Target CEO Brian Cornell has been one of the most vocal opponents of the Republican-backed border...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was. 20 cent higher at $4.3440 a bushel; July corn was down. 60 cent at $3.7420 a bushel; July oats was down. 20 cent at $2.4640 a bushel while July soybeans gained. 60 cent to $9.5720 a bushel. June live cattle was. 08 cent higher at $1.24 a pound; May feeder cattle...

  • A woman pays for her groceries using a food stamp program at a supermarket in West New York, N.J., Monday, Jan. 12, 2015.

    The administration's proposed budget would make deep cuts in programs that heavily benefit the states that voted for Trump.

  • HAMBURG, May 23- Chicago corn and soybean futures dropped on Tuesday on signs U.S. farmers are making fast planting progress despite concern rain may disrupt sowings. "But the latest crop condition and sowing reports from the USDA on Monday did not confirm the worst fears about the impact of rain on U.S. crops and sowings, and markets are down today."

  • HAMBURG, May 23- Chicago corn and soybean futures dropped on Tuesday on signs U.S. farmers are making fast planting progress despite concern rain may disrupt sowings. "But the latest crop condition and sowing reports from the USDA on Monday did not confirm the worst fears about the impact of rain on U.S. crops and sowings, and markets are down today."

  • WASHINGTON, May 23- The chief executive officers of two major American companies- retailer Target Corp and agribusiness Archer Daniels Midland Co- will offer countering views in a hearing before U.S. lawmakers on Tuesday on a proposed border adjustment tax. Target CEO Brian Cornell has been one of the most vocal opponents of the Republican-backed border...

  • *China making ethanol to erode corn stockpiles. BEIJING, May 23- China's ethanol exports soared in April from the same month the year before and imports slowed to a trickle, the latest sign that Beijing's drive to ramp up local output is upending trade flows in the world's fastest-growing biofuel market. China has been pushing to erode a domestic glut in corn...

  • BEIJING, May 23- Heavy rains this week have brought relief to parched fields in China's major grain producing regions, breaking a months-long dry spell that had slowed corn planting and hit winter wheat crops. In the region's Liaoning province, the planted area for all crops was down by nearly 1,000 hectares from the same period last year, state media Xinhua news...

  • BEIJING, May 23- Heavy rains this week have brought relief to parched fields in China's major grain producing regions, breaking a months-long dry spell that had slowed corn planting and hit winter wheat crops. In the region's Liaoning province, the planted area for all crops was down by nearly 1,000 hectares from the same period last year, state media Xinhua news...

  • *Wheat faces pressure on USDA's winter crop ratings. SINGAPORE, May 23- Chicago corn futures ticked lower on Tuesday as the market took a breather after climbing to a three-week high in the last session on concerns over wet weather delaying U.S. planting. "The USDA's survey of winter wheat crop conditions recorded no deterioration despite poor weather in these...

  • SYDNEY, May 23- U.S. corn extended gains into a third consecutive session on Wednesday after the U.S. Department of Agriculture pegged the pace of planting behind market expectations, pushing prices towards a three-week high. *The most active corn futures on the Chicago Board Of Trade rose 0.1 percent to $3.75-1/ 2 a bushel, having gained 0.7 percent in the previous...

  • WHITE HOUSE AIMS TO CUT $38 BLN FROM FARM BILL PROGRAMS AND CROP INSURANCE SUBSIDIES FROM 2018-2027- PRESIDENT'S BUDGET.

  • *U.S. may challenge top beef exporter Brazil in China. CHICAGO, May 19- Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing American farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers are set to face...

  • CHICAGO, May 22- Chicago Board of Trade corn and soybean futures rose on Monday morning, supported by concerns that rain will delay field work in key growing areas and may damage some recently seeded crops, traders said. CBOT July corn futures ended up 2-1/ 2 cents at $3.75 a bushel. Soybean futures for July delivery were 3-1/ 2 cents higher at $9.56-1/ 2 a bushel.

  • CHICAGO, May 22- Chicago Board of Trade corn and soybean futures rose on Monday morning, supported by concerns that rain will delay field work in key growing areas and may damage some recently seeded crops, traders said. At 10:42 a.m. CDT, CBOT July corn futures were up 4-1/ 2 cents at $3.77. Soybean futures for July delivery were 5-1/ 2 cents higher at $9.58-1/ 2 a bushel.

  • CHICAGO— Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for July delivery was 2.60 cents higher at $4.38 a bushel; July corn was up 2.40 cents at $3.75 a bushel; July oats was up 1 cent at $2.4260 a bushel while July soybeans gained 3.20 cents to $9.5620 a bushel. June live cattle was. 15 cent higher at $1.2360 a pound; May feeder...

  • PARIS/ SINGAPORE, May 22- Chicago corn and wheat extended gains on Monday to notch up two-week highs, while soybeans also stayed firm as wet, cool weather in U.S. grain belts raised risks for spring crop planting and winter wheat harvesting. The Chicago Board Of Trade most-active corn contract was up 0.3 percent at $3.73-3/ 4 a bushel by 1156 GMT, after climbing to its...

  • BEIJING, May 22- China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer. The move could dent imports from top growers such as Brazil and Thailand as it will close the big gap between Chinese and...

  • *Ruling seen closing gap between China and global prices. BEIJING, May 22- China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer. These include some of China's closest trading partners such as...