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Food and Beverage Agriculture

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  • California farmers grab land in Washington state Friday, 31 Jul 2015 | 12:39 PM ET
    A farmer and his son on an organic vegetable farm in Whatcom County, Washington.

    Farmers from drought-parched California are finding greener pastures in the Pacific Northwest. And so are buyers from China.

  • CHICAGO, July 31- Chicago Board of Trade soybean futures fell on Friday, pressured by profit taking and the cancellation of an export deal with China, traders said. "The weather so far is non threatening," said Don Roose, president of brokerage U.S. Commodities in West Des Moines, Iowa. Chicago Board of Trade August soybeans were down 6 cents at $9.84-1/ 4 a bushel at...

  • Grain mixed and livestock mostly lower Friday, 31 Jul 2015 | 10:52 AM ET

    CHICAGO— Grain futures mixed Friday early trading on the Chicago Board of Trade. Wheat for September delivery was 2.75 cents higher at $4.9925 a bushel; December corn was. 25 cent lower at $3.8350 a bushel; December oats were 4 cents higher at $2.5050 bushel; while November soybeans fell 11.5 cents to 9.3850 cents a bushel. October live cattle was. 85 cent higher at...

  • Global coffee exports down 3.3 pct in June - ICO Friday, 31 Jul 2015 | 10:19 AM ET

    LONDON, July 31- Global coffee exports fell 3.3 percent in June from a year earlier to total 9.69 million 60 kg bags, the International Coffee Organization said on Friday. For the first nine months of the 2014/ 15 season, which began on Oct. 1 last year, coffee exports were down 3.3 percent at 83.02 million bags. Robusta coffee exports fell 6.1 percent in June from a year...

  • *Chicago wheat down more than 18 pct for July. Chicago Board of Trade front-month wheat rose 1.1 percent to $5.02 a bushel by 1111 GMT, edging away from the prior session's five-week low of $4.93-3/ 4. Crop scouts on the U.S. Wheat Quality Council's annual three-day tour of North Dakota and adjacent states projected spring wheat yield potential at 49.9 bushels per...

  • By Mayank Bhardwaj and Krishna N. Das. NEW DELHI, July 31- India is to buy oilseeds and pulses directly from farmers for the first time this year, in addition to its existing purchases of wheat and rice, to boost production and close a supply gap that has driven its annual import bill up to $12 billion. India is the world's biggest consumer of edible oils and Prime...

  • *Wheat down more than 18 pct for July. *Corn set for monthly loss of more than 10 pct. "The dryness issues in parts of Europe, Canada and Argentina remain but that is not leaving the market on the precipice of new crop downgrades," said Tobin Gorey, director of agricultural strategy, Commonwealth Bank of Australia in a note to clients.

  • SYDNEY, July 31- U.S. soybeans held steady on Friday, though the oilseed was heading for a fourth consecutive weekly loss, as the market weighed up whether signs of growing export demand would start to erode ample supplies more quickly. *Corn touched a five-week low of $3.75-3/ 4 a bushel on Thursday. *Wheat fell to a five-week low of $4.93-1/ 4 a bushel on Thursday.

  • Less than 50-50 chance for a TPP deal: Pro Thursday, 30 Jul 2015 | 7:22 PM ET
    Less than 50-50 chance for a TPP deal: Pro

    Clayton Yeutter, senior adviser at Hogan Lovells, discusses whether there could be an agreement from the Trans-Pacific Partnership (TPP) talks this week in Hawaii.

  • CHICAGO, July 30- U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Chicago Board of Trade August soybean futures settled up 7-1/ 4 cents at $9.90-1/ 4...

  • If it acquires K+ S, Potash Corp, the world's biggest fertilizer producer, would finish building K+ S's Saskatchewan mine and operate it, selling its potash offshore through its Canpotex marketing arm, Chief Executive Jochen Tilk said during a conference call. Potash Corp said it intends to talk with K+ S management, despite K+ S's rejection this month of Potash...

  • Grain mixed, livestock higher Thursday, 30 Jul 2015 | 10:42 AM ET

    CHICAGO— Grain futures mixed Thursday in early trading on the Chicago Board of Trade. Wheat for September delivery was 1.50 cents lower at $4.9460 a bushel; December corn was 1.50 cents lower at $3.7660 a bushel; December oats were 2 cents higher at $2.42 bushel; while November soybeans 4.50 cents higher at 9.4760 cents a bushel. October live cattle was. 83 cent...

  • "The stock probably will see a bit of a rebound solely based on having reached a 52- week low, and people are going to look at the dividend yield, which has gotten pretty attractive," said Peter Prattas, analyst at AltaCorp Capital. Saskatoon, Saskatchewan- based Potash Corp said it intends to talk with K+ S management, despite its rejection this month of Potash Corp's...

  • Child labor rises on Ivory Coast cocoa farms -report Thursday, 30 Jul 2015 | 8:59 AM ET

    NEW YORK, July 30- The number of children working on cocoa farms in the world's top producer Ivory Coast is on the rise as production climbs, a Tulane University report showed on Thursday, ramping up pressure on chocolate companies to ethically source beans. "Based on today's numbers, roughly 1.5 million children will have to be removed from hazardous work to reach...

  • July 30- Potash Corp of Saskatchewan Inc reported a 12 percent drop in quarterly profit, missing Wall Street estimate, hurt mainly by weak nitrogen earnings and lower phosphate sales. Potash Corp said nitrogen production, the company's second-biggest business, fell 2 percent to 1.6 million tonnes in the second quarter ended June 30, from a year earlier, while...

  • *Corn, wheat up after previous session losses. SINGAPORE/ PARIS, July 30- Chicago soybeans gained more ground on Thursday, and have now risen 3.3 percent over three consecutive sessions, on concerns over a smaller planted area and ahead of the crop's key phase of development. Chicago Board of Trade August soybeans rose 1.0 percent to $9.93 a bushel by 1000 GMT, while...

  • Potash Corp profit drops 12 pct Thursday, 30 Jul 2015 | 6:12 AM ET

    July 30- Potash Corp of Saskatchewan Inc, the world's biggest fertilizer company by market capitalization, reported a 12 percent drop in quarterly profit, hurt mainly by weak nitrogen earnings and lower phosphate sales. The company's net income fell to $417 million, or 50 cents per share, in the second quarter ended June 30, from $472 million, or 56 cents per share, a...

  • SINGAPORE, July 30- Chicago soybeans gained more ground on Thursday, rising 2.4 percent in three consecutive sessions on concerns over a smaller planted area and ahead of the crop's key phase of development. Corn edged higher after dropping 1.9 percent on Wednesday as forecasts of favorable weather boosted hopes of near record yields, while wheat rose,...

  • *Brazil, Argentina seen offering soybeans in peak U.S. season. SINGAPORE/ BEIJING, July 30- South America's soybean exports are on track to dominate sales to top buyer China for a record period this year, threatening to displace U.S. exports during what is traditionally the peak sales time for rival North American shipments. For more than a decade, China has sourced...

  • Grain lower and livestock mostly higher Wednesday, 29 Jul 2015 | 3:02 PM ET

    CHICAGO— Grain futures unchanged Wednesday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $5.1075 a bushel; December corn was unchanged at $3.8550 a bushel; December oats were unchanged at $2.4225 bushel; while November soybeans unchanged at 9.4475 cents a bushel. October live cattle was unchanged at $1.4680 a...