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Food and Beverage Agriculture

  • CHICAGO— Grain futures were mostly higher Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 1.60 cents higher at $4.5640 a bushel; March corn was up. 60 cent at $3.7940 a bushel; March oats was up 0.40 cent at $2.51 a bushel while March soybeans lost. 40 cent to $10.6060 a bushel. February live cattle was. 13 cent lower at $1.1665 a pound;...

  • MOSCOW/ PARIS, Feb 16- Russia and the European Union are expected to return to strong competition for the rank of the world's biggest wheat exporter in the new 2017/ 18 marketing season, which starts on July 1, as prospects for their crops are bright so far, analysts said. Russia harvested a record wheat crop in 2016 and is competing for the rank of the world's top wheat...

  • NOGALES, Arizona, Feb 16- For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. Now in office, Trump is considering a 20 percent tax on imports from Mexico, one of several ideas under review in...

  • *Chicago wheat dips after climbing 1.2 pct on Wednesday. SINGAPORE, Feb 16- Chicago wheat futures edged lower on Thursday, as the market took a breather after a rally in the previous session that was triggered by fund-buying and strong demand. The Chicago Board of Trade most-active wheat contract fell 0.3 percent to $4.53-1/ 2 a bushel by 0320 GMT.

  • SYDNEY, Feb 16- U.S. corn futures edged lower on Thursday, retreating from their highest in more than seven months touched the session before, but buying from funds and strong export demand curbed losses. *The most active corn futures on the Chicago Board of Trade eased 0.4 percent to $3.77-1/ 4 a bushel. *Australian grain exports likely surged to an all-time monthly...

  • CHICAGO, Feb 15- Chicago Board of Trade soybean, corn and wheat futures firmed on Wednesday, recovering from weakness in the overnight trading session on a round of technical buying, traders said. Corn futures staked out a fresh top, peaking at its highest since June 30 while wheat was trending near the 7-1/ 2 month high it hit earlier this week. CBOT March soybean...

  • WINNIPEG/ ROME, Feb 15- Canada has raised concerns with Rome about Italy's plan to require country of origin labels on pasta sold there, Canada's agriculture minister said on Wednesday about a move that is alarming Canadian wheat exporters just as a free trade deal gained European approval. Rome sent a draft decree to the European Commission in December, seeking...

  • CHICAGO, Feb 15- Chicago Board of Trade soybean, corn and wheat futures firmed on Wednesday, recovering from weakness in the overnight trading session on a round of technical buying, traders said. Traders have grown comfortable with the expectations for a bumper crop in South America and were waiting to see how weather for the U.S. planting season would progress...

  • Feb 15- U.S. agricultural trader Bunge Ltd on Wednesday reported a better-than-expected quarterly profit and forecast strong earnings growth in 2017 on expected massive corn and soybean harvests in South America, sending shares nearly 8 percent higher. The company expects its agribusiness unit, the largest in terms of revenue and volumes, to start the year...

  • MALMO, Sweden— Something high-tech is happening in the produce aisle at some Swedish supermarkets, where laser marks have replaced labels on the organic avocados and sweet potatoes. If its test is successful, ICA, which has 1,350 stores across Sweden, hopes to cut down on the stickers and packaging it now uses to identify its organic produce.

  • The company expects its biggest business- the unit that buys, stores, processes and sells agricultural commodities- to start the year slow and progressively improve as volumes and margins pick up in South America. After disappointing crops in South America last year, the region is on track to produce record harvests this season, which aligns well with our...

  • HAMBURG, Feb 15- Chicago soybeans, wheat and corn fell on Wednesday, undermined by the dollar's strength plus good weather in several world production regions as Brazil makes progress gathering a record-large soybean crop. "Chicago Board of Trade most-active March wheat was down 0.1 percent to $4.49 a bushel at 1118 GMT, moving away from Monday's...

  • Feb 15- U.S. agricultural trader Bunge Ltd reported a better-than-expected quarterly profit, helped by higher sugar and ethanol prices and improved margins in Brazil. Brazil is expected to harvest at least 104 million tonnes of soybeans this year and nearly 90 million tonnes of corn, according to government and industry analysts. White Plains, New York- based...

  • Feb 15- U.S. agricultural trader Bunge Ltd reported a 39.4 percent jump in quarterly profit, helped by higher sugar and ethanol prices and a stabilizing Brazil economy. The White Plains, New York- based company said net income available to shareholders rose to $262 million, or $1.82 per share, in the fourth quarter ended Dec. 31, from $188 million, or $1.30 per share, a...

  • LOS ALCAZARES, Spain, Feb 15- A shortage of iceberg lettuce is likely to continue into March, Spanish farmers say, because freak weather conditions in the south of the country early in the agricultural year prevented the planting of seedlings to replace ruined crops. Vegetable production in the European Union has fallen to 60 percent of normal levels in recent...

  • SINGAPORE, Feb 15- Chicago soybeans edged higher on Wednesday with the market recovering after two days of falls but the harvest of an all-time high crop in Brazil capped gains in the market. The Chicago Board of Trade most-active soybean contract rose 0.1 percent to $10.46-1/ 4 a bushel by 0338 GMT. Wheat climbed 0.4 percent to $4.51-1/ 4 a bushel, edging closer to...

  • SYDNEY, Feb 15- U.S. soybean futures on Wednesday edged away from a six-day low touched the session before, although expectations for ample South American production kept a lid on gains. *The most active soybeans futures on the Chicago Board of Trade rose 0.1 percent to $10.46 a bushel. *The dollar stood tall on Wednesday after Federal Reserve Chair Janet Yellen...

  • CHICAGO, Feb 14- U.S. soybean futures fell to a six-day low on Tuesday, pressured by the rapidly advancing harvest of a record crop in Brazil and much-needed rains in Argentina. Soybeans were on the defensive amid expectations of a bumper harvest in both Brazil and Argentina that will boost competition for U.S. supplies on the export market. "Fairly quiet Brazil...

  • HONOLULU— Hawaii lawmakers advanced a bill Tuesday calling for more oversight of the commercial fishing industry after an Associated Press investigation found hundreds of foreign fishermen confined to boats and some living in subpar conditions. The bill would require fishing boat owners who want a commercial license in Hawaii to provide state officials...

  • CHICAGO, Feb 14- U.S. soybean futures fell to a six-day low on Tuesday, pressured by the rapidly advancing harvest of a record crop in Brazil and much-needed rains in Argentina. Soybeans were on the defensive amid expectations of a bumper harvest in both Brazil and Argentina that will boost competition for U.S. supplies on the export market. At 10:30 a.m. CST,...