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Food and Beverage Agriculture

  • Wheat futures were weaker, with a sell-off in MGEX spring pulling Chicago Board of Trade soft red winter wheat and K.C. hard red winter wheat contracts into negative territory. "Corn was down all day long off of unexpected rains through the center of Iowa and a six-to-ten day model run that came in somewhat wetter and less hot than yesterday's," Charlie Sernatinger,...

  • President Donald Trump hands Andrew N. Liveris, CEO of Dow Chemical, the pen after signing an executive order about regulatory reform in the Oval Office of the White House February 24, 2017 in Washington, DC.

    A widely used farm pesticide that the Trump administration refused to ban could get restricted in California.

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 2.40 cents at $5.0820 a bushel; Sept corn was down 6.40 cents at $3.8440 a bushel; Sept oats lost. 20 cent at $2.9540 a bushel while August soybeans lost 8.40 cents to $10.0460 a bushel. August live cattle was. 63 cent higher at $1.1650 a pound;...

  • SYDNEY/ PARIS, July 21- U.S. corn fell below $4 a bushel on Friday as traders took profits at the end of a week where corn was on track to gain around 2.5 pct in response to forecasts for continued adverse weather which added to fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 1.3 percent to $3.99-1/ 2 a bushel after closing...

  • China to allow US rice imports for the first time

    China has agreed allow U.S. rice imports for the first time, even though trade talks between the two countries stalled. CNBC's Sophia Yan reports.

  • SYDNEY, July 21- U.S. corn edged lower on Friday, but the grain was on track to post a weekly gain of around 3.5 pct as forecasts for continued adverse weather stoked fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 0.4 percent to $4.03-1/ 4 a bushel after closing up 2.1 percent on Thursday when prices hit a high of $4.06-3/ 4...

  • SYDNEY, July 21- U.S. corn edged lower for the first time in four sessions on Friday, but was still poised to post weekly gains of nearly 4 percent as concerns about potential crop losses from adverse weather support prices. *Corn crop condition ratings declined earlier this week in top-producing states of Iowa, Illinois and Nebraska, and extended outlooks for...

  • CHICAGO, July 20- Global grain trader Bunge Ltd's cost cutting and restructuring plans could buy it time in the face of a takeover bid from a larger rival as it struggles to stay independent during a slump in the commodities market, analysts said. In its restructuring announcement, seen as a defense against both Glencore and activist investor Carlson Capital,...

  • ROME/ WINNIPEG, Manitoba, July 20- All packets of pasta and rice sold in Italy will have to include labels of origin showing where the produce was grown, the government ruled on Thursday, in a move it said was aimed at protecting local farmers. "We are putting Italy in the vanguard of Europe when it comes to labelling as a competitive tool for the Italian sector,"...

  • CHICAGO, July 20- China officials have agreed to allow imports of U.S. rice for the first time ever, U.S. Department of Agriculture Secretary Sonny Perdue said on Thursday. China opened its rice market when it joined the World Trade Organization in 2001 but a lack of phytosanitary protocol between China and the United States effectively banned imports, according...

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. Chicago Board of Trade corn for December delivery settled up 8-1/ 2 cents at $4.04-3/ 4 a bushel.

  • CHICAGO, July 20- China officials have agreed to allow imports of U.S. rice for the first time ever, U.S. Department of Agriculture Secretary Sonny Perdue said on Thursday. "We waited a decade for the protocol to be signed and our members are anxious to meet the demand of China's consumers for safe, high-quality U.S. rice," USA Rice President Betsy Ward said in a...

  • CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 1.20 cents at $5.0420 a bushel; Sept corn was up 7.20 cents at $3.8960 a bushel; Sept oats was rose 1.20 cents at $2.9420 a bushel while August soybeans gained 12.20 cents to $10.12 a bushel. August live cattle was. 18 cent lower at $1.1745 a...

  • MOSCOW, July 20- Attempts by Russia's central bank to bring inflation to a post-Soviet low of 4 percent this year may come down to the price of vegetables. Our agronomist lost his boots in the mud, "Pavel Grudinin, head of a 2,000- hectare farm just outside Moscow told Reuters. During its 99- year history, his Lenin State Farm, which produces vegetables, fruit and...

  • LONDON, July 20- U.S. wheat futures hit a three-week low on Thursday, weighed down by ample global supplies, while corn and soybean prices were higher, buoyed by continued fears of further crop damage. The most active wheat futures on the Chicago Board Of Trade were down 0.55 percent at $5.00-1/ 4 a bushel by 1017 GMT after touching a low of $4.95- the weakest since June...

  • FRESNO, Calif.— California's vast San Joaquin Valley, the country's most productive farming region, is engulfed by some of the nation's dirtiest skies, forcing the state's largest air district to spend more than $40 billion in the past quarter-century to enforce hundreds of stringent pollution rules. Officials in the relatively conservative region have...

  • HONOLULU— A human rights complaint has been filed with an international commission to investigate claims of human rights violations in Hawaii's commercial fishing industry. Turtle Island Restoration Network told The Associated Press on Wednesday that they filed the complaint last week with the Inter-American Human Rights Commission.

  • SYDNEY, July 20- U.S. wheat fell more than 1 percent on Thursday to hit a three-week low, weighed down by ample global supplies despite lingering fears for high quality crops. The most active wheat futures on the Chicago Board Of Trade were down 1.2 percent at $4.96-3/ 4 a bushel by 0326, near the session low of $4.95 a bushel- the lowest since June 29.

  • CHICAGO, July 19- Global grain trader Bunge Ltd's sweeping plans to overhaul its business and cut costs may not be enough to compensate for weak earnings and could still leave it vulnerable to a new bid from diversified rival Glencore PLC. "The Glencore bid has made companies across the agribusiness space look at their assets in a new light, with a focus on return on...

  • SYDNEY, July 20- U.S. corn edged higher for a third consecutive session on Thursday as forecasts for dry weather fueled fears of further crop damage. *The most active corn futures on the Chicago Board Of Trade were up 0.1 percent to $3.96-3/ 4 a bushel, having gained 1.4 percent in the previous session. *Corn crop condition ratings declined earlier this week in...