Food and Beverage Agriculture

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  • SINGAPORE, July 18- Chicago corn rose one percent on Monday with the market snapping two sessions of declines as forecasts of hot and dry weather in the U.S. The Chicago Board of Trade most-active corn contract rose one percent to $3.62 a bushel by 0311 GMT, having lost 3.1 percent in the past two sessions. Wheat rose 0.5 percent to $4.27 a bushel and soybeans were...

  • SYDNEY, July 18- U.S. corn rose 1 percent on Monday, as forecasts for hot, dry weather across the Midwest increased concerns about yield loss at a crucial time for the crop's development. *The most active corn futures on Chicago Board Of Trade rose 1 percent to $3.61-3/ 4 a bushel, having closed down 1.8 percent in the previous session. *Weekly data from the U.S. Commodity...

  • CHICAGO, July 15- U.S. corn and soybean futures declined on Friday in a sometimes-volatile session as shifting weather forecasts for the Corn Belt prompted traders to liquidate long positions, analysts said. At the Chicago Board of Trade, most-active December corn settled down 6-1/ 2 cents at $3.58-1/ 4 per bushel. November soybeans ended down 5 cents at $10.57-1/ 4...

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for July delivery was 3.30 cents a bale lower at $4.28 a bushel; July corn was 17 cents lower at $3.5540 bushel; Sept. oats was 4.40 cents lower at $2.06 a bushel; while July soybeans fell. 46 cent to $10.8320 a bushel. August live cattle was. 23 cent lower at $1.1265 a pound; August...

  • KAMPALA/ NAIROBI, July 15- International brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers and introducing more brands as low-cost beers gain popularity on the fast-growing but still poor continent. Diageo unit Uganda Breweries Limited has pinned hopes on Ngule, or "Crown" in the Luganda language,...

  • SYDNEY, July 15- Australia's TFS Corp Ltd, the world's No. 1 grower of Indian sandalwood trees, has received its second ratings upgrade in a month, a bright spot for a sector that has been criticised for being the source of heavy losses for retail investors. The collapses of Timbercorp Ltd and several other large forestry investment schemes, starting in 2009, drew...

  • SINGAPORE, July 15- Chicago soybeans edged up on Friday as the market took a breather, after sliding almost 4 percent in the previous session on pressure from forecasts of crop-boosting rains in the U.S. The Chicago Board of Trade most-active soybean contract was up 0.6 percent at $10.69 a bushel by 0275 GMT, while corn rose 0.7 percent to $3.67-1/ 4 a bushel.

  • SYDNEY, July 15- U.S. soybeans rose nearly 1 percent on Friday, recouping about a quarter of the steep losses from the previous session when prices were hit by more favourable weather forecasts for key U.S. producing regions. *A better-than-expected export report from the U.S. Agriculture Department on Thursday morning limited the sell-off in corn.

  • An employee places an identification label on a sack of Hybrid Winter Oilseed Rape at the Bayer CropScience processing facility, operated by Bayer AG, in Monheim, Germany, June 17, 2016.

    Even though Bayer sweetened the pot in its attempt to win Monsanto, analysts suggest the seed company's board is likely to reject the offer.

  • CHICAGO, July 14- U.S. soybean futures fell 3.8 percent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the United States. "It is still going to get hot next week but... the extended pattern is not as intimidating as it was yesterday," said Bill Gentry, a broker at Risk Management Commodities in Lafayette, Indiana.

  • Congress sent legislation to President Barack Obama on Thursday that would require most food packages to carry a text label, a symbol or an electronic code readable by smartphone that indicates whether the food contains genetically modified ingredients, or GMOs. The White House says Obama will sign the bill, which would pre-empt a Vermont law that kicked in...

  • BERLIN— German drug and chemicals firm Bayer increased its offer for U.S. seed company Monsanto Co. on Thursday by $3 a share to $125, saying the move followed several weeks of private talks between the pair. Bayer did not reveal the new offer's valuation of Monsanto as debt obligations will have changed since the previous offer in May, which valued the American...

  • LONDON, July 14- Chicago corn futures touched a two-week high on Thursday and soybean prices also advanced, with forecasts of hot and dry weather across the U.S. "Hotter U.S. weather continues to drive the market," Commonwealth Bank of Australia analyst Madeleine Donlan said. The Chicago Board of Trade's most-active corn contract had climbed 2 percent to $3.77-1/ 4...

  • BEIJING, July 14- China, the world's top soy buyer, will auction 300,400 tonnes of soybeans from its temporary reserve on Friday, a move that may help ease tight domestic supplies of the oilseed, said analysts. Beijing has not revealed details of follow-up sales from its reserves but it is expected to run further auctions in coming weeks. "Current shipping data shows...

  • PORTLAND, Maine— The U.S. Senate says September 25 should once again be designated as National Lobster Day in honor of New England' s most celebrated crustacean. New England senators made the request last month, citing the lobster's cultural and economic importance to the region. The Senate passed this year's resolution on Tuesday.

  • SINGAPORE, July 14- Chicago corn futures rose 0.8 percent on Thursday, while soybeans hovered near their highest in more than a week, with forecasts of hot and dry weather across U.S. The Chicago Board of Trade most-active corn contract had climbed 0.8 percent to $3.72-3/ 4 a bushel by 0224 GMT, having gained 2.6 percent on Wednesday when prices hit $3.75-1/ 2 a bushel,...

  • SYDNEY, July 14- U.S. soybeans rose 1 percent on Thursday extending gains into a third session, as concerns over potential yield reducing weather in key production regions in the United States pushed prices towards a more than one-week high. *The most active soybean future on the Chicago Board Of Trade rose 1 percent to $11.16 a bushel, having firmed 1.8 percent on...

  • CHICAGO, July 13- U.S. soybean and corn futures rallied on Wednesday, both posting their second straight day of sharp gains on concerns about hot and dry weather cutting into U.S. soybean crops and expectations of strong exports of U.S. corn. Wheat futures were mixed, with gains in corn contributing to a higher close in the Chicago Board of Trade soft red winter wheat...

  • Dairy Cows California

    Commodity food costs were down in the second quarter for dairy, eggs, chicken and ground beef, giving relief to some restaurants.

  • CHICAGO, July 13- U.S. soybean, corn and wheat futures rallied on Wednesday as bargain buyers stepped into the beaten-down grains market amid hints of fresh bullish news for all three commodities. At 10:37 a.m. CDT, Chicago Board of Trade November soybean futures were up 26-1/ 2 cents at $11.13-1/ 2 a bushel. "A decent U.S. soybean harvest is needed by the world market...