Food and Beverage Agriculture

  • *Letter marks escalation in long-running feud with India. NEW DELHI, Aug 25- Monsanto Co has withdrawn an application seeking approval for its next generation of genetically modified cotton seeds in India, a major escalation in a long-running dispute between New Delhi and the world's biggest seed maker. A letter sent by Monsanto's local partner in India, the...

  • Hurricane whips palm trees

    Not all commodities will ride the wave of recovery into 2017; palm oil prices are set to buck the trend.

  • SINGAPORE, Aug 25- Chicago soybean futures lost more ground on Thursday, falling for a third consecutive session with pressure from a widely watched crop tour reporting bumper crop prospects across the U.S. *Corn won additional support from a USDA report that said private exporters sold 101,600 tonnes of U.S. corn to unknown destinations for 2016/ 17 delivery.

  • OTTAWA, Aug 24- Canada hardened its line with China on Wednesday in a dispute over Canadian canola exports, saying bilateral relations could not improve until Beijing took action to settle the matter. China says that starting on Sept. 1, it will toughen its inspection standard for canola over concerns about the crop disease blackleg, threatening C $2 billion in...

  • U.S. government to buy $20M in surplus cheese

    The USDA is to donate surplus to food banks and pantries, CNBC's Eric Chemi reports.

  • Midwest Crop Tour scouted impressive crops in central Illinois, following its observation a day earlier of above-average soybean pod counts in Nebraska and Indiana. U.S. soybeans benefit from strong demand, due to production shortfalls in South America, "but we're still going to have a big crop," said Bill Gary, president of Commodity Information Systems in...

  • The annual four-day Pro Farmer Midwest Crop Tour late on Tuesday reported above-average soybean pod counts in Nebraska and Indiana. U.S. soybeans benefit from strong demand, due to production shortfalls in South America, "but we're still going to have a big crop," said Bill Gary, president of Commodity Information Systems in Oklahoma City. Most-active November...

  • *Letter marks escalation in long-running feud with India. NEW DELHI, Aug 24- Monsanto Co has withdrawn an application seeking approval for its next generation of genetically modified cotton seeds in India, a major escalation in a long-running dispute between New Delhi and the world's biggest seed maker. A letter sent by Monsanto's local partner in India, the...

  • *Wheat down after higher crop estimates in Canada, Ukraine. PARIS/ SYDNEY, Aug 24- U.S. corn and wheat fell to one-week lows on Wednesday as ample global supplies continued to pressure markets, although mixed findings from a widely watched U.S. crop tour curbed corn's losses. The most active corn futures on the Chicago Board of Trade fell 0.6 percent to $3.35-1/ 4 by...

  • CHICAGO, Aug 24- Two of the world's biggest agricultural trading houses bungled crop sales they made on behalf of U.S. farmers this year because of what one described as "unique" price moves for soybeans, prompting both to take rare steps to keep disgruntled customers. Every year, hundreds of U.S. farmers trust major grain traders, including privately held Cargill...

  • HARTFORD, Conn.— With the growth of agritourism and more people visiting local farms, Connecticut officials are joining other states in educating farmers about how to mitigate health risks for their new visitors. Bruce Sherman, director the Connecticut Department of Agriculture's Bureau of Inspection and Regulation, said people were petting the animals.

  • SYDNEY, Aug 24- U.S. corn fell for a second consecutive session on Wednesday as ample global supplies pushed prices towards a one-week low, although mixed findings from a widely watched U.S. crop tour curbed losses. The most active corn futures on the Chicago Board of Trade fell 0.4 percent to $3.36-1/ 2 by 0336 GMT. Analysts said estimates from the Pro Farmer Midwest...

  • SYDNEY, Aug 24- U.S. corn edged down on Wednesday under pressure from expectations of ample global supplies, though findings from the widely watched Pro Farmer U.S. crop tour curbed losses. *The most active corn futures on the Chicago Board of Trade fell 0.1 percent to $3.37-3/ 4. *The annual Pro Farmer Midwest Crop Tour on Tuesday estimated corn yields in Indiana...

  • *USDA raises good/excellent rating for corn crop. *Pro Farmer tour finds good yield potential in Indiana. Crop ratings typically deteriorate heading into autumn, so the improvement weighed on prices, said Jim Gerlach, president of A/C Trading in Indiana.

  • *USDA raises corn's good-excellent rating. *Crop tour finds good yield potential in Indiana. Crop ratings typically deteriorate heading into autumn, so the improvement weighed on prices, said Jim Gerlach, president of A/C Trading in Indiana.

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 5.25 cents lower at $4.10 a bushel; Sept. corn was 4.50 cents lower at $3.2860 bushel; Sept. oats were. 25 cent lower at $1.72 a bushel; while Sept. soybeans lost 4 cents to $10.3120 a bushel. August live cattle was. 435 cents lower at $1.13 a pound; August...

  • MOSCOW, Aug 23- Russia is expected to increase grain exports to 3.5 million tonnes in August from 2.2 million tonnes in July, SovEcon agriculture consultancy said on Tuesday. Russia, a major global wheat exporter, exported record high volumes in the 2015/ 16 crop season which ended on June 30, and is likely to export even more in 2016/ 17 when it expects the largest crop...

  • There is concern in Germany about wheat prices: Analyst

    Jack Watts, lead analyst at AHDB Cereals & Oilseeds, discusses the problem of low wheat prices in Germany.

  • The problems facing French producers

    Michel Portier, head of Agritel, talks about problems with wheat prices that are affecting French farmers and food producers.

  • *Soybeans, corn fall as USDA rates crops in healthy condition. SINGAPORE, Aug 23- Chicago soybean futures lost ground on Tuesday, while corn slid for a second session, with renewed pressure on prices after a U.S. government report showed both crops thriving in near-perfect weather. Chicago Board of Trade most-active corn contract fell 0.5 percent to $3.40-3/ 4 a...