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Food and Beverage Agriculture

  • CHICAGO, June 26- Chicago Board of Trade wheat prices fell about 2 percent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. July corn ended up 1-1/ 4 cents at $3.59 a bushel and July soybeans rose 2-1/ 4 cents to $9.06-3/ 4 a bushel. "The wheat price in Chicago has fallen... as part of a consolidation...

  • SAO PAULO, June 26- Brazils health inspectors union on Monday blamed understaffing and government budget cuts for sanitary problems that triggered a U.S. ban on Brazilian fresh beef imports that struck a new blow to the reputation of the country's massive meat industry. The ANFFA union said in an emailed statement there are around 270 meatpacking...

  • CHICAGO, June 26- Chicago Board of Trade wheat prices fell about 2 percent on Monday, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week, analysts said. As of 1:03 p.m. CDT, CBOT July wheat was down 8-1/ 2 cents at $4.51-1/ 4 per bushel. July corn was up 1-3/ 4 cents at $3.59-1/ 2 a bushel and July soybeans were up 4 cents at...

  • CHICAGO— Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for July delivery was 9.40 cents lower at $4.5020 a bushel; July corn was up 0.40 cent at $3.5820 a bushel; July oats was up 1.40 cents at $2.56 a bushel while July soybeans gained 2.20 cents to $9.0660 a bushel. June live cattle was. 08 cent higher at $1.1928 a pound; August...

  • PARIS/ SYDNEY, June 26- U.S. wheat prices fell on Monday, with Chicago futures retreating from a one-year high and spring wheat edging back from a 2-1/ 2 year top, as the market awaited more indications on crop conditions after adverse growing weather. The most active wheat futures on the Chicago Board Of Trade fell 1.4 percent to $4.66-3/ 4 a bushel by 1054 GMT, pulling...

  • *Group's debt rises to over $7 billion. *COFCO gaining ground in South America. LONDON/ BEIJING/ BUENOS AIRES, June 26- As the world trade in farm commodities faces a shake-up, one the groups widely expected to play a leading role- China's COFCO- will probably have sit out the industry consolidation after all.

  • SYDNEY, June 26- U.S. wheat futures fell 0.5 percent on Monday, retreating from a one-year high, although fears of global production losses underpinned prices. The most active wheat futures on the Chicago Board Of Trade fell 0.4 percent to $4.71-3/ 4 a bushel by 0258 GMT, having closed up 2.7 percent on Friday when prices hit a high of $4.80-1/ 2 a bushel- the highest...

  • SYDNEY, June 26- U.S. wheat edged lower on Monday, retreating from a one-year high touched in the previous session, although concerns over production losses in the United States and Europe provided a floor. *The most active wheat futures on the Chicago Board Of Trade fell 0.3 percent to $4.72 a bushel, having closed up 2.7 percent on Friday when prices hit a high of...

  • CHICAGO/ BRASILIA, June 23- Brazil scrambled to shore up its beef industry's reputation on Friday after the United States blocked shipments of fresh cuts, saying it found abscesses in the meat and signs of systemic failure of inspections in the world's largest beef exporter. He said USDA approval for Brazil's fresh beef, which was only granted last year, was...

  • CHICAGO/ BRASILIA, June 23- Brazilian officials scrambled to shore up their beef industry's reputation on Friday after the United States blocked shipments of fresh cuts, saying it found abscesses in the meat and signs of systemic failures in the inspection program of the world's largest beef exporter. While fresh beef shipments to the United States represent...

  • CHICAGO, June 23- MGEX spring wheat futures surged to a 2-1/ 2 year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven trade amid an outlook for generally favorable U.S. crop weather, traders said. Soybean futures touched the lowest levels in more than a year as dealers squared positions ahead of the weekend and a...

  • SAO PAULO— Brazil's agriculture minister plans to travel to the United States to try to reverse the American ban of beef imports from Latin America's biggest country. The U.S. statement said suspension will remain in place until Brazil takes corrective action. Maggi said Brazil will fight for the U.S. market and that he plans to head a mission to the United States...

  • June 23- A U.S. jury on Friday ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the Swiss company for causing catastrophic...

  • KANSAS CITY, Kan.— The Latest on a Kansas jury's award of nearly $218 million to Kansas farmers who sued Syngenta over genetically modified corn seed.:. Swiss agribusiness giant Syngenta says it will appeal a Kansas federal jury's awarding of nearly $218 million to Kansas farmers who sued the company over its introduction of a genetically modified corn seed...

  • KANSAS CITY, Mo.— A Kansas federal jury awarded nearly $218 million on Friday to farmers who sued Swiss agribusiness giant Syngenta over its introduction of a genetically engineered corn seed variety. Syngenta vowed to appeal the verdict favoring four Kansas farmers representing roughly 7,300 growers from that state in what served as the first test case of...

  • June 23- A federal jury on Friday ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas was announced by the farmers' lawyers. It came in a lawsuit blaming the Swiss company for...

  • SAO PAULO, June 23- Brazil's Agriculture Minister Blairo Maggi prepared to travel to the United States on Friday to fight a ban on imports of fresh Brazilian beef, which hit shares of local meatpackers and revived concerns over the image of the world's largest exporter. But it was a setback for Brazil's recently opened fresh beef trade with the United States and...

  • CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for July delivery was 4 cents higher at $4.6260 a bushel; July corn was down 4.80 cents at $3.6160 a bushel; July oats was up 2 cents at $2.55 a bushel while July soybeans lost 12.20 cents to $9.0240 a bushel. June live cattle was. 52 cent higher at $1.1885 a pound; August feeder...

  • RIO DE JANEIRO, June 23- Brazilian Agriculture Minister Blairo Maggi has pledged to travel to the United States and work to overturn a ban on imports of fresh Brazilian beef after a high percentage of shipments failed to pass U.S. safety checks. "We will fight for this market!" the minister said in a message posted to social networks late on Thursday.

  • *Chicago wheat prices on course for small weekly loss. LONDON, June 23- Chicago corn and soybean were slightly higher on Friday but remained on track for weekly losses as cooler temperatures in the U.S. The Chicago Board of Trade most-active corn contract was up 0.3 percent at $3.64 a bushel at 1041 GMT but was course for a weekly loss of 5.2 percent.