Food and Beverage Agriculture

  • CHICAGO— Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for December delivery was 7.40 cents lower at $3.9820 a bushel; December corn was fell. 40 cent at $3.2960 bushel; December oats was 2 cents higher at $1.76 a bushel; while November soybeans rose 2.20 cents to $9.5240 a bushel. October live cattle was. 75 cent higher at...

  • LONDON, Sept 29- The International Grains Council on Thursday cut its forecast for the 2016/ 17 world corn crop mainly reflecting downward revisions for China and the European Union. "Overly dry weather has affected crop prospects in the EU and China," the IGC said in a monthly report, cutting its forecast for China's crop by 2 million tonnes to 217 million and EU...

  • PARIS/ SINGAPORE, Sept 29- Chicago soybean and corn futures each rose about 1 percent on Thursday as rain forecasts maintained some uncertainty about the U.S. harvest and countered pressure from a record production outlook. Wheat edged higher as adverse weather in Australia raised doubts over what has also been tipped to be a bumper crop in the southern...

  • *Rains seen hurting Australia's near-record wheat crop. SINGAPORE, Sept 29- Chicago soybeans bounced back on Thursday, rising almost 1 percent on strong demand from top importer China, although expectations of a quickened pace for the U.S. harvest capped gains. Chicago Board of Trade most-active soybean contract rose 0.9 percent to $9.53-1/ 2 a bushel by 0246 GMT,...

  • *Commodity-linked currencies held firm on Thursday after OPEC agreed to cut oil output in the first such deal since 2008, boosting oil prices sharply. *Oil futures extended gains on Thursday after rising nearly 6 percent the day before on a surprise move by OPEC to curb crude output. *Wall Street ended higher on Wednesday after an OPEC agreement to limit crude...

  • SYDNEY, Sept 29- Australia's east coast will likely see wetter conditions than usual for the rest of 2016, stoking fears of wheat production losses in the world's No. 4 exporter of the grain. Australia's east coast churns out the country's high protein wheat, meaning output losses would limit exportable supplies of the more desirable grain.

  • CHICAGO, Sept 28- U.S. corn and soybean futures weakened on Wednesday on expectations that drier weather in the coming days will allow farmers in the Midwest to ramp up the harvest of what is expected to be record-large crops, traders said. Chicago Board of Trade soft red winter wheat futures were mixed, with nearby contracts steady to weaker while deferred...

  • CHICAGO, Sept 28- U.S. wheat futures firmed slightly on Wednesday, supported by signs of a pick-up in demand for U.S. offerings on the export market, traders said. At 10:46 a.m. CDT, CBOT December soft red winter wheat was up 1 cent at $4.05 a bushel. CBOT December corn was down 1-1/ 4 cents at $3.30-1/ 2 a bushel and CBOT November soybeans were off 1/ 4 cent at $9.52-1/ 4 a...

  • CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for December delivery was 10 cent higher at $4.0560 a bushel; December corn was. 40 cent higher at $3.30 bushel; December oats was 1.40 cents lower at $1.74 a bushel; while November soybeans rose 7.60 cents to $9.5020 a bushel. October live cattle was 1.83 cents...

  • HAMBURG/ SINGAPORE, Sept 28- Chicago soybean futures fell on Wednesday on expectations dry weather ahead will boost the U.S. harvest which was recently hit by heavy rain. "We are in a weather market today which is weakening soybeans, corn and wheat," said Frank Rijkers, agrifood economist at ABN AMRO Bank. Chicago Board of Trade most-active November soybeans fell 0.5...

  • LONDON, Sept 28- Novozymes, already grappling with the consequences of low oil and crop prices, is watching anxiously to see what Bayer's purchase of Monsanto will mean for the Danish group's ties with its key agricultural partner. "Of course, in the short-term we can all worry about the distraction that a $66 billion acquisition can bring and it is one of the things...

  • SINGAPORE, Sept 28- Chicago soybean futures eased on Wednesday, falling for three out of four sessions on expectations dry weather in the days ahead will boost U.S. harvest which has been hit by heavy rains. Chicago Board of Trade most-active soybean contract lost 0.3 percent to $9.49-1/ 2 a bushel by 0357 GMT, after gaining 0.8 percent on Tuesday.

  • SYDNEY, Sept 28- U.S. wheat futures rose for a second session on Wednesday as heavy rains across a key growing region in Australia will likely curb production in the world's No.4 exporter, although ample global supplies capped gains. *The USDA earlier on Tuesday said China had bought 120,000 tonnes of U.S. soybeans within the past 24 hours. *Analysts polled by...

  • Sept 27- A U.S. district court judge in Kansas this week said lawsuits brought by U.S. farmers against seed company Syngenta AG over sales of biotech corn seeds not approved for import by China can proceed as a class action, according to a court filing. Judge John Lungstrum certified a nationwide class and statewide classes in Arkansas, Illinois, Iowa, Kansas,...

  • CHICAGO, Sept 27- U.S. grain and oilseed futures were mostly higher on Tuesday, with soybeans rebounding from an earlier five-month low on support from investor short-covering ahead of a U.S. Department of Agriculture quarterly stocks report due on Friday. Rainfall delayed the U.S. corn and soybean harvests, while heavy precipitation could curb wheat output in...

  • SAO PAULO, Sept 27- Brazil's robusta coffee industry is laying off workers who transport, process and store the commodity in warehouses that are nearly idle two years into the worst drought in eight decades, according to traders and industry executives. At current prices, Brazil's 2016 robusta crop is worth $1.2 billion. Despite a major recovery in arabica...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was. 25 cent lower at $3.9560 a bushel; December corn was. 50 cent higher at $3.2960 bushel; December oats was. 50 cent higher at $1.7540 a bushel; while November soybeans lost 2.50 cents to $9.4260 a bushel. October live cattle was 1.90 cents lower at...

  • Putin emphasized that Russia shouldn't rush to boost its grain exports but wait for global prices to rise. A mild winter and a warm, wet summer have contributed to the good harvest as Russia bounces back from a 2010 drought. Forecasts indicate that Russia will be the world's biggest wheat exporter this year and will ship more wheat abroad than all the countries of...

  • *USDA report shows bean harvest behind expectations. PARIS/ SINGAPORE, Sept 27- Chicago soybean futures edged higher on Tuesday as a U.S. report showed the harvest was progressing slower than expected due to heavy rain, recovering from a one-week low hit on Monday after forecasts for drier weather. The Chicago Board of Trade's most-active soybean contract was up...

  • SYDNEY, Sept 27- Australian wheat output will likely fall short of official estimates of near record volumes as heavy rains exacerbate recent damage to crops in the east of the world's fourth largest exporter, farmers and analysts said on Tuesday. "We are starting to see some crop losses after it has been too wet for too long," said Dan Cooper, a farmer in Caragabal, 460...