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Food and Beverage Agriculture

  • SINGAPORE, March 22- Chicago wheat slid for a third consecutive session on Wednesday, trading near the previous session's six-week low as forecasts for rain improved the prospects for the U.S. winter crop. The Chicago Board Of Trade most-active wheat contract fell 0.4 percent to $4.25 a bushel by 0255 GMT, having closed down 0.9 percent on Tuesday when prices hit...

  • SYDNEY, March 22- U.S. wheat fell for a third consecutive session on Wednesday, languishing near a six-week low touched in the previous session as weather forecasts called for crop friendly weather across key U.S. producing regions. *The most active wheat futures on the Chicago Board Of Trade fell 0.4 percent to $4.25 a bushel, having closed down 0.8 percent on...

  • Fonterra's 'very strange season'

    Theo Spierings, CEO of Fonterra, says milk production might be differing from usual output trends but higher prices will result in profitability.

  • LAPA, Brazil, March 21- Brazil's federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation's meatpacking industry were isolated incidents and that the nation's food safety system nationwide was robust. But Hong Kong, Japan, Canada, Mexico and Switzerland all announced partial or all-out bans on...

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery was 4.60 cents lower at $4.2540 a bushel; May corn was down 2.60 cents at $3.6060 a bushel; May oats was down 2 cents at $2.4860 a bushel while May soybeans lost 3.60 cents to $9.9560 a bushel. April live cattle was. 15 cent lower at $1.1875 a pound; March feeder...

  • PARIS/ SINGAPORE, March 21- Chicago wheat futures fell for a second session in a row on Tuesday as much-needed rain was forecast for crops in the U.S. The Chicago Board of Trade most-active wheat contract was down 0.4 percent at $4.28-1/ 2 a bushel by 1232 GMT after dropping 1.4 percent in the previous session. Corn also fell 0.4 percent to $3.62 a bushel while...

  • BRASILIA, March 21- Brazil's President Michel Temer said on Tuesday that the alarm cause by the discovery of irregularities in meat industry controls was unfounded because very few meatpacking plants were involved.

  • LATUR, India/ NEW DELHI, March 21- Millions of Indian farmers look set to switch from growing pulses and oilseeds after a government campaign to boost output became a victim of its own success by flooding markets with the crops, used in everything from fragrant curries to sticky desserts. Storehouses are overflowing with commodities such as lentils and soybeans...

  • BEIJING— An American business group appealed to China on Tuesday to ease import restrictions on agricultural goods including genetically modified seeds and other biotechnology, highlighting complaints Beijing blocks market access despite its vocal support for free trade. The American Chamber of Commerce in China wants a quicker review of foreign...

  • SINGAPORE, March 21- Chicago wheat futures edged lower on Tuesday, easing for a second session after forecasts of much-needed rains for the winter wheat crop in U.S. *Brazil's Abiove soybean industry association pegged the country's soybean crop, which is being harvested, at 107.3 million tonnes, up from its February forecast of 104.6 million tonnes.

  • China suspended imports of all meat products from Brazil, the world's top beef exporter, as a precautionary measure after inspectors there were accused of taking bribes to allow sales of tainted food. Australia, Argentina and Canada could fill in the gap during the ban, said Mike Zuzolo, president of U.S. brokerage Global Commodity Analytics.

  • BUENOS AIRES, March 20- Argentina's grains transportation sector is projected to receive $1.7 billion in private investment for the 2016-17 period, the country's CIARA-CEC exporters' chamber said on Monday. Argentina is the world's top exporter of soymeal livestock feed, its third biggest supplier of raw soybeans and a major source of wheat and corn for the...

  • CHICAGO, March 20- U.S. wheat futures fell on Monday, led lower by a 1.9 percent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. Chicago Board of Trade May soft red winter wheat futures dropped 6 cents at $4.30-1/ 4 a bushel. Plains, was down 8-1/ 4 cents at $4.45-1/ 4 a bushel.

  • A farmer sprays a chemical fertilizer on his wheat field

    Goldman expects fertilizer prices to "materially improve" in 2018 and beyond.

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was 4 cents lower at $4.3220 a bushel; May corn was down 2.40 cents at $3.65 a bushel; May oats was up. 40 cent at $2.5040 a bushel while May soybeans gained 2.40 cents to $10.0240 a bushel. April live cattle was. 50 cent lower at $1.1883 a pound; March feeder...

  • CHICAGO, March 20- U.S. soybean futures rose on Monday, hitting their highest level in a week on a round of bargain buying following nine declines in 10 sessions, traders said. At 10:14 a.m. CDT, Chicago Board of Trade May soft red winter wheat futures were down 4-1/ 2 cents at $4.31-3/ 4 a bushel. Plains, was down 7-1/ 2 cents at $4.46 a bushel.

  • SAO PAULO, March 20- The Brazilian Agriculture Ministry confirmed on Monday that China had temporarily banned beef imports following a police investigation that revealed health inspectors were bribed to overlook unsanitary conditions at several plants.

  • HAMBURG, March 20- Chicago wheat hit its highest prices in around a week on Monday, buoyed by a weaker dollar and concerns that the U.S. winter crop might not get enough rain. The Chicago Board of Trade's most-active May wheat was up 0.6 percent at $4.39-1/ 4 a bushel at 1219 GMT. May corn rose 0.4 percent to $3.69-1/ 4 a bushel and May soybeans added 0.5 percent to $10.05-1/...

  • An investor looking at stock prices in Haikou, China, August 11, 2015.

    Manulife CEO Donald Guloien discussed his firm's recent China license with CNBC at the China Development Forum.

  • An employee arranges lobsters at a buffet in the Studio City casino resort in Macau, China.

    China has set a new record for the value of its imports of lobsters from the United States.