Food and Beverage Agriculture

  • *Excessive moisture in Argentina's crop-belt to hit yields. SINGAPORE, Jan 17- Chicago soybean futures rose for a third consecutive session on Tuesday, climbing to a seven-week top as heavy rains across Argentina's central crop belt raised concerns over yield losses. The Chicago Board of Trade most-active soybean contract gained 1.2 percent to $10.58-1/ 2 a...

  • *The most active soybean futures on the Chicago Board of Trade climbed 1.36 percent to $10.59-1/ 2 a bushel, after earlier touching their highest since Nov. 28 at $10.62-1/ 4. *The USDA said early on Friday that private exporters reported the sale of 132,000 tonnes of soybeans for delivery to unknown destinations. *The British pound flirted with a three-month low on...

  • BRASILIA, Jan 16- Brazil will increase a subsidized credit line available to farmers to prepare for the 2017-2018 crop by about one-fifth to 12 billion reais, President Michel Temer told Reuters on Monday. The new crop financing will allow Brazilian producers to purchase agricultural inputs such as seeds, fertilizers and pesticides at reduced interest rates...

  • PARIS, Jan 16- Burkina Faso estimates its production of raw cotton will rise to 750,000 tonnes in 2016/ 2017 compared to around 600,000 tonnes in the previous harvest as favourable rainfall boosts output, the country's agriculture minister said on Monday. The 2016/ 17 harvest was showing improved quality as well as production, minister Jacob Ouedraogo told...

  • CHICAGO, Jan 13- U.S. soybean futures rose on Friday on follow-through buying on the U.S. Agriculture Department's surprise cut to its domestic production estimate and ending stocks on Thursday, traders said. "The very same fields that were flooded last week could be inundated again this weekend," Charlie Sernatinger, global head of grain futures at ED&F Man...

  • NEW YORK/ LONDON, Jan 13- The shake-up at COFCO Agri, the international grains business of China's state run COFCO group, has continued with the appointment of chief operating officer and a new coffee chief, according to sources and an internal memo. According to the memo seen by Reuters, Selina Yang has been named chief operating officer. COFCO vice president...

  • CHICAGO, Jan 13- U.S. soybean futures rose on Friday on follow-through buying on the U.S. Agriculture Department's surprise cut to its domestic production estimate and ending stocks on Thursday, traders said. said Jason Britt, president at Central States Commodities. At 11:01 a.m. CST, Chicago Board of Trade soybean futures for March delivery were up 7-3/ 4 cents...

  • Packages Dunkin' Donuts and Folgers coffee are displayed on a shelf at a grocery store in San Rafael, California.

    The global coffee supply shortage is expected to continue for a third straight year and that means prices will rise, the FT reports.

  • CHICAGO— Grain futures were mostly lower Friday in early trading on the Chicago Board of Trade. Wheat for March delivery was 5.20 cents lower at $4.21 a bushel; March corn was down 2.20 cent at $3.56 a bushel; March oats was up 4.60 cents at $2.4040 a bushel while January soybeans lost 2.40 cents to $10.2940 a bushel. February live cattle was. 15 cent lower at $1.1733 a...

  • LONDON, Jan 13- Selina Yang has been appointed as chief operating officer of COFCO Agri, the international grains business of China's state run COFCO group, according to an internal memo from the division seen by Reuters. COFCO Group said last week that Matt Jansen had resigned as CEO of COFCO Agri- 18 months after joining. It named COFCO vice president Jingtao Chi,...

  • *USDA trims estimates for U.S. soybean crop yields, stocks. PARIS/ SINGAPORE, Jan 13- Chicago grain and soybean futures edged lower on Friday as a day-earlier rally sparked by some lower-than-expected U.S. government crop estimates stalled in the face of hefty global supplies. CBOT's soft red winter wheat benchmark was down 0.2 percent at $4.25-1/ 4 a bushel but its...

  • WILLISTON, Vt.— At Tomorrow's Harvest farm, you won't find acres of land on which animals graze, or rows of corn, or bales of hay. "We don't need everybody to eat insects," said Robert Nathan Allen, founder and director of Little Herds, an educational nonprofit in Austin, Texas, that promotes the use of insects for human food and animal feed. Interest in entomophagy— the...

  • *The USDA trimmed its estimate of the U.S. 2016 soybean yield to 52.1 bushels per acre, still an all-time high, but down from its previous figure of 52.5 and below an average of trade estimates for 52.7. *CBOT wheat found support on Thursday after the USDA pegged U.S. winter wheat plantings for harvest in 2017 at 32.4 million acres, down 10 percent from a year ago and the...

  • HAVANA, Jan 12- Dozens of U.S. farm and agri-business groups on Thursday urged President-elect Donald Trump to build upon progress made by the Obama administration in relations with Cuba, calling trade with the former Cold War foe particularly important at a time of a severe downturn in farm incomes. "As a broad cross-section of rural America, we urge you not to...

  • HAVANA, Jan 12- Dozens of U.S. farm and agri-business groups sent President-elect Donald Trump a letter on Thursday asking him to maintain and build upon progress made by the Obama administration in relations with Cuba. Signatories included a wide range of agricultural trade groups, from the American Farm Bureau and American Feed Industry Association to the...

  • *CBOT soybeans touch 3-1/ 2 week high after USDA reports. *Wheat up after USDA says winter acreage lowest since 1909. Wheat futures advanced after the USDA said farmers planted the fewest U.S. acres to winter wheat since 1909.

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • WASHINGTON, Jan 12- U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29- year high, the U.S. Agriculture Department said on Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016/ 17 marketing year production of both commodities remained at record...

  • CHICAGO— Grain futures were mostly higher Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 4.20 cents higher at $4.23 a bushel; March corn was up. 60 cent at $3.58 a bushel; March oats was up 4 cents at $2.3560 a bushel while January soybeans lost. 60 cent to $10.0220 a bushel. February live cattle was. 85 cent lower at $1.1828 a pound;...