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Food and Beverage Agriculture

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  • CHICAGO, Sept 2- U.S. wheat futures sank on Wednesday, weighed down by signs of abundant supplies and dim prospects for U.S. exports, traders said. The front-month K.C. hard red winter wheat contract shed 2.8 percent and hit its lowest in more than eight years, while the most actively traded Chicago Board of Trade December soft red winter wheat contract flirted with...

  • CHICAGO— Grain futures were mixed in early trading Wednesday on the Chicago Board of Trade. Wheat for December delivery lost 5.50 cents to $4.8060 a bushel; December corn was 1 cent lower at $3.68 a bushel; December oats were 2.50 cents higher at 2.2640 a bushel; while November soybeans gained 1.50 cents to 8.7560 a bushel. October live cattle was. 40 cent lower at...

  • *Wheat and corn firm after recent lows. HAMBURG/ SINGAPORE, Sept 2- U.S. soybeans rose on Wednesday on buying interest after falling 1.5 percent in the previous session but with gains limited by concern about slowing economic growth in China, the world's largest soybean importer. Wheat rose for a second session on renewed buying after touching a near four-month...

  • SINGAPORE, Sept 2- U.S. soybeans gained ground on Wednesday after losing 1.5 percent in the last session, but concerns about slowing economic growth in China, the world's largest soy importer, capped gains. The Chicago Board of Trade most-active soybeans contract had risen 0.4 percent to $8.77-1/ 2 a bushel by 0245 GMT, while corn gained 0.3 percent to $3.70-1/ 4 a...

  • *Soybeans fall 1.5 percent, corn down 1.9 percent. CHICAGO, Sept 1- Chicago Board of Trade corn and soybean futures fell sharply on Tuesday on concerns that commodity purchases from China will slow as that country's economy softens, traders said. Soybeans snapped a three-session winning streak.

  • *Soybeans drop 1.6 percent, corn falls 1.3 percent. CHICAGO, Sept 1- Chicago Board of Trade corn and soybean futures dropped on Tuesday on concerns that commodity purchases from China will slow as the country's economy softens, traders said. Wheat futures firmed despite worries about the viability of U.S. exports as investment funds covered short positions...

  • Grain and livestock mostly lower Tuesday, 1 Sep 2015 | 10:38 AM ET

    CHICAGO— Grain futures were mostly lower in early trading Tuesday on the Chicago Board of Trade. Wheat for December delivery gained 3.50 cents to $4.8860 a bushel; December corn was 3.25 cents lower at $3.72 a bushel; December oats were 1.50 cents lower at 2.2860 a bushel; while November soybeans lost 11.50 cents to 8.76 a bushel. October live cattle was 1.75 cents...

  • *Corn also eases, wheat steadies after 3- month low. Corn gave up 0.7 percent to $3.72-1/ 2 a bushel and wheat added 0.4 percent at $4.86-3/ 4 a bushel. Share prices in Asia and Europe fell while commodity markets also slid as concerns about China were reignited by surveys showing its manufacturing sector shrinking at the fastest pace in three years and its services...

  • Germany’s GM crop ban could raise food prices Tuesday, 1 Sep 2015 | 2:39 AM ET

    Plans by Scotland, and possibly Germany, to ban genetically modified (GM) crops could prove a boon for farmers of conventional crops.

  • Corn gave up 0.6 percent to $3.73 a bushel and wheat slid 0.4 percent to $4.83-1/ 4 a bushel. "Corn and soybean markets are coming under pressure as U.S. crops are just doing fine and very large supplies from the Midwest will flood the market," said Kaname Gokon of brokerage Okato Shoji in Tokyo. Corn crop was seen at 68 percent good to excellent, matching analysts'...

  • *The USDA pegged 63 percent of the soybean crop at good to excellent, unchanged from last week. *Spring wheat harvest pegged at 87 percent complete by the USDA. *USDA also said that private exporters reported a sale of 125,000 tonnes of soybeans to unknown destinations for delivery in the 2015/ 16 crop year, the fourth flash sale since Aug. 24.

  • GRAINS-U.S. corn, soybeans, wheat post monthly loss Monday, 31 Aug 2015 | 4:02 PM ET

    CHICAGO, Aug 31- Chicago Board of Trade soybean futures edged higher on Monday on a round of end-of-month short covering while wheat was mixed and corn settled close to unchanged, traders said. CBOT soft red winter wheat for December delivery ended up 1-1/ 4 cents at $4.85 a bushel on Monday, snapping a streak of four straight losses on some bargain buying after the...

  • *Soybeans pressured by concerns about Chinese economy. CHICAGO, Aug 31- Chicago Board of Trade wheat futures fell for the fifth straight day on Monday, hitting their lowest in nearly four months on low demand for U.S. supplies on the export market, traders said. "Grain futures are steady to lower this morning, with another downturn in Chinese stock prices weighing on...

  • Grain mixed and livestock mostly higher Monday, 31 Aug 2015 | 10:33 AM ET

    CHICAGO— Grain futures were mostly lower in early trading Monday on the Chicago Board of Trade. Wheat for December delivery lost 5 cents to $4.7860 a bushel; December corn was 4.25 cents lower at $3.7060 a bushel; December oats were 4 cents higher at 2.3240 a bushel; while November soybeans lost 12.25 cents to 8.7320 a bushel. October live cattle was. 55 cent lower at...

  • Wheat and corn were also set to drop for a second month as rising global supplies drag down grain prices. Wheat has given up more than 20 percent of its value since the beginning of July, while corn has lost 11 percent during the period and soybeans have fallen 15 percent in two months. Chicago Board of Trade actively traded November soybeans slid 0.6 percent to...

  • Oregon hemp farmer says startup going slow Saturday, 29 Aug 2015 | 11:39 AM ET

    Harvesting machinery is expensive, and there is no plant in Oregon to process the plants into fiber, seed and oil. This is the first year Oregon farmers can grow hemp, following the Legislature's approval in 2009. Growing hemp without a federal permit was banned in 1970 due to its classification as a controlled substance and relation to marijuana.

  • In reversal, abundant grain trains available for harvest Saturday, 29 Aug 2015 | 10:33 AM ET

    The reversal is attributed to unprecedented spending on track upgrades, political pressure from politicians in agriculture-rich states and a drastic decrease in trains hauling crude and freight to and from western North Dakota's oil-producing region. "There had been some uncertainties but it has gradually gotten better," said Josh Mardikian, grain...

  • BOISE, Idaho— The U.S. Department of Agriculture has approved a potato genetically engineered by Idaho- based J.R. Simplot Co. to resist the pathogen that caused the Irish potato famine and that still damages crops around the world. The USDA made the announcement Friday on its website. The Russet Burbank variety the USDA approved is the second generation of...

  • *Soybeans firm on dry U.S. weather outlook. *Corn clings to modest gains in choppy trade. Soybeans rose on worries about dry weather in parts of the Midwest and spillover support from a strong rally in crude oil.

  • Global coffee exports down 3.6 pct in July - ICO Friday, 28 Aug 2015 | 11:23 AM ET

    LONDON, Aug 28- Global coffee exports fell 3.6 percent in July from a year earlier to total 9.59 million 60 kg bags, the International Coffee Organization said on Friday. For the first 10 months of the 2014/ 15 season, which began on Oct. 1 last year, coffee exports were down 2.8 percent at 92.85 million bags. Robusta coffee exports fell 8.4 percent in July from a year...