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Food and Beverage Agriculture

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  • *Brazil cane crush broadly within expectations. NEW YORK/ LONDON, Aug 21- Arabica coffee slid 5 percent on Friday, extending losses on technical sell signals and pressure from larger commodity markets, while raw sugar neared a seven-year low after ideal weather helped speed up cane crushing in top grower Brazil. Cocoa also fell along with the 19- commodity...

  • *Corn also down after rally, Pro Farmer tour yields eyed. Corn was on pace for a modest weekly gain after falling 2 percent last week but soybeans and wheat were poised for a second straight weekly drop. Corn prices softened after consolidating from a rally this week, with traders awaiting Friday's crop estimates from the Pro Farmer newsletter following this...

  • Grain mostly lower, livestock lower Friday, 21 Aug 2015 | 10:55 AM ET

    CHICAGO— Grain futures were mostly lower in early trading Friday on the Chicago Board of Trade. Wheat for December delivery fell 6.25 cents to $5.05 a bushel; December corn was 1.5 cents lower at $3.81 a bushel; December oats rose a penny to $2.34 a bushel; while November soybeans lost 6 cents to 9.0125 a bushel. October live cattle was. 40 cent lower at $1.4592 a pound;...

  • Aug 21- Deere& Co reported that third-quarter profit tumbled 40 percent on weak demand for agricultural equipment and a stronger dollar, and gave a bleaker forecast for fourth-quarter equipment sales, sending shares sliding more than 8 percent. Farm and turf equipment sales, which account for more than two-thirds of total revenue, fell 24 percent to $5.31...

  • Aug 21- Deere& Co reported that third-quarter profit tumbled 40 percent on weak demand for agricultural equipment and a stronger dollar, and gave a bleaker forecast for fourth-quarter equipment sales, sending shares sliding more than 8 percent. Farm and turf equipment sales, which account for more than two-thirds of total revenue, fell 24 percent to $5.31...

  • Drawing new price tags, "said retired farmer Daulet Ishimbayev who supplements his pension by selling fruit and vegetables in a makeshift kiosk in an Almaty suburb. Heaps of melons from Uzbekistan and crates with Kyrgyz grapes contrasted with modest-looking tomatoes and cucumbers from southern Kazakhstan, the only local produce on sale.

  • Aug 21- Deere& Co on Friday reported that third-quarter profit tumbled 40 percent on weak demand for agricultural equipment, overall lower shipment volumes and a stronger dollar, and gave a bleaker forecast for fourth-quarter sales. "John Deere's third-quarter results reflected the continuing impact of the downturn in the farm economy as well as lower demand...

  • Aug 21- Deere& Co, the maker of John Deere tractors, reported a 40 percent fall in quarterly profit, hurt by weak demand for its agriculture equipment. Net income attributable to Deere fell to $511.6 million, or $1.53 per share, in the third quarter ended July 31 from $850.7 million, or $2.33 per share, a year earlier. Deere's farm and turf equipment sales, which account...

  • *Corn steady after rally, Pro Farmer tour yield eyed. PARIS/ SINGAPORE, Aug 21- Chicago soybean futures edged lower on Friday, keeping the market headed for a second straight weekly loss as timely rains were expected to benefit U.S. crops and investor jitters about China's economy continued to sap commodity markets. Corn was little changed as it consolidated after...

  • BEIJING, Aug 21- China's imports of corn and corn substitutes, including barley, sorghum and distillers' grain hit a record high in July as feed mills took advantage of cheap overseas prices to replace expensive domestic grain. China's commerce ministry will require importers of barley, cassava, DDGS and sorghum to register details of their purchases under a new...

  • NEW YORK, Aug 21- When Hormel Foods Corp, maker of Spam canned meat, said it was buying Applegate Farms in May, fans of the organic and natural meat company lamented its takeover by Big Food on social media and questioned whether product quality would go down. Big food and beverage makers such as Campbell Soup Co, General Mills Inc and Coca-Cola Co, facing sluggish U.S....

  • ROCHESTER, Minn., Aug 20- Corn and soybean crops in Minnesota were both showing potential that topped historical averages and last year's harvest, according to results from the Pro Farmer Midwest Crop Tour released on Thursday. A year ago, scouts on the tour calculated the average Minnesota corn yield at 170.76 bushels per acre. The U.S. Agriculture Department has...

  • MIDWEST CROP TOUR ESTIMATES MINNESOTA AVG 2015 CORN YIELD AT 190.87 BUSHELS PER ACRE, UP FROM TOUR ESTIMATE OF 170.76 IN 2014, AND 3- YEAR TOUR AVG OF 169.35.

  • PRO FARMER CROP TOUR ESTIMATES MINNESOTA AVG 2015 SOYBEAN POD COUNT AT 1,119.22 IN 3- BY-3 FOOT AREA, UP FROM 1,031.54 IN 2014, AND 3- YEAR TOUR AVG OF 945.10.

  • SINGAPORE, Aug 21- Chicago soybean futures edged lower on Friday with the market on track for a second week of decline as timely rains across the U.S. In addition, there is pressure from concerns about the economy in China, the world's top soybean importer, that have pushed commodity markets to multi-year lows. *A port location in Toledo, Ohio, dropped its soybean bid...

  • Bull vs. bear: Deere Thursday, 20 Aug 2015 | 1:56 PM ET
    Bull vs. bear: Deere

    Discussing the health of the farming sector, and the play on Deere, with Eli Lustgarten, Longbow Research, and Kwame Webb, Morningstar.

  • GRAINS-Soybeans bounce from 6-year low, corn stays firm Thursday, 20 Aug 2015 | 12:50 PM ET

    *Soybeans rise on short-covering, solid export sales. Corn edged higher, hovering close to last session's one-week peak after field reports from an annual crop tour suggested the country's output may be lower than was forecast by the U.S. Department of Agriculture. Chicago Board of Trade November soybeans rose 9 cents, or 1 percent, to $9.02-1/ 2 a bushel by...

  • Florida regulators: Real milk has added vitamins Thursday, 20 Aug 2015 | 12:30 PM ET
    Products of the Ocheesee Creamery

    The state says a creamery must call all-natural skim milk with nothing added "imitation."

  • Grain mixed, livestock mixed Thursday, 20 Aug 2015 | 10:48 AM ET

    CHICAGO— Grain futures were mixed in early trading Wednesday on the Chicago Board of Trade. Wheat for December delivery gained 6.25 cents to $506.20 a bushel; December corn was 2.25 cent higher at $380.60 a bushel; December oats was unchanged at $2.34 bushel; while November soybeans lost. 25 cent to 8.9320 a bushel. October live cattle was. 25 cent higher at $1.4540 a...

  • A full-fat fight in Florida Thursday, 20 Aug 2015 | 10:00 AM ET
    A full-fat fight in Florida

    Florida dairy and state Department of Agriculture argue over the definition of "skim milk."