Food and Beverage Agriculture

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  • July 22- Farm equipment maker Deere& Co said on Friday it would lay off about 120 production employees at its John Deere Harvester Works factory in east Moline, Illinois from Sept. 6. The factory has about 1,050 production employees, the company said. Deere said it continued to adjust its production workforce according to demand for products manufactured at each...

  • BRUSSELS, July 22- The European Commission on Friday approved imports of two types of Monsanto's genetically modified soybeans and one sold by Germany's Bayer CropScience for use as a food or animal feed. U.S. seed company Monsanto's genetically modified products and weed-killer are politically sensitive in Europe, where consumer and green groups have...

  • The logo of Swiss agrochemicals maker Syngenta adorns it's plant in Muenchwilen, Switzerland.

    Syngenta on Friday reported sales that fell short of analyst forecasts, and warned that in the short term, the industry continued to see tough market conditions.

  • SINGAPORE, July 22- Chicago corn futures were on track for a fifth consecutive week of decline on Friday as an outlook for cooler temperature across the U.S. grain belt boosted expectations of a bumper crop. Soybeans slid, giving up overnight gains, while wheat was steady after ending up on Thursday with prices underpinned by concerns over wet weather hurting...

  • SYDNEY, July 22- U.S. corn edged lower on Friday and was poised for weekly losses of nearly 5 percent as weather forecasts indicated an easing of unfavourable weather conditions across key U.S. growing regions, reducing fears of widespread crop losses. *The most active corn futures on the Chicago Board Of Trade were set for a fifth straight weekly slide.

  • CHICAGO, July 21- U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. "Right now they are focusing on mostly normal temperatures after this heat rolls through, which is only going to last two to three days," said Jim Gerlach, president of A/C Trading in Fowler, Indiana. Chicago Board of Trade December corn futures...

  • BOGOTA, July 21- Banana harvests in Colombia, the world's fourth-largest exporter, and other Latin American producers could be crippled by the potential arrival of a fungus which withers the crop, a top agricultural official warned on Thursday. Colombia is working with Peru, Ecuador and Bolivia to coordinate a response to the disease, Soto added, and will pitch...

  • Innovating ag & boosting farmers' harvests

    Ag-tech company Indigo announced it raised $100 million in new funding. David Perry, Indigo CEO, discusses tackling agriculture problems and his company's efforts in adding microbes back to plants to create healthier plants.

  • CHICAGO— Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 2.50 cents a bale lower at $4.1010 a bushel; Sept. corn was 4 cents lower at $3.3340 bushel; Sept. oats was unchanged at $2.0560 a bushel; while August soybeans gained 1 cent to $10.28 a bushel. August live cattle was. 55 cent lower at $1.0888 a...

  • "Right now they are focusing on mostly normal temperatures after this heat rolls through, which is only going to last two to three days," said Jim Gerlach, president of A/C Trading in Fowler, Indiana. At 9:48 a.m. CDT, Chicago Board of Trade December corn futures were down 4 cents at $3.40-1/ 4 a bushel. "We are in a bearish market, the USDA reports have been showing pretty...

  • SAN FRANCISCO, July 21- Agriculture technology startup Indigo has raised $100 million in a new round of funding, bringing its total financing to more than $150 million, a sign of growing investor interest in new ways to ease food scarcity. The $100 million investment led by the Alaska Permanent Fund, a $54.3 billion fund owned and managed by the state of Alaska, is...

  • Members of the U.K.’s science and agriculture industries have already begun to voice concerns about Brexit's impact on funding and labour.

  • SINGAPORE/ PARIS, July 21- Chicago wheat rose 1 percent on Thursday, taking a breather after a near four percent decline in the past two days under pressure from large global stocks and bumper output from the U.S. winter crop. Chicago Board Of Trade's most-active wheat contract gained 1 percent at $4.17 a bushel by 1000 GMT. "We are in a bearish market, the USDA reports...

  • SINGAPORE, July 21- Chicago corn edged higher on Thursday as the market took a breather after dropping to a two-week low in the previous session on forecasts of favorable U.S. crop weather. Chicago Board Of Trade most-active corn contract rose 0.2 percent to $3.45 a bushel by 0247 GMT, having lost 5.2 percent the last two days. "We are in a bearish market, the USDA...

  • SYDNEY, July 21- U.S. corn rose for the first time in three sessions on Thursday, rebounding from a two-week low, although gains were curbed by milder weather forecasts that eased fears of potential yield losses from the Midwest. *The most active corn futures on the Chicago Board Of Trade rose 0.2 percent to $3.45 a bushel, having closed down 1.2 percent in the...

  • CHICAGO, July 20- U.S. corn and soybean futures posted sharp declines on Wednesday, with corn hitting its lowest in nearly two years as the latest weather outlook appeared less threatening to crop development, traders said. Chicago Board of Trade November soybean futures closed down 18-3/ 4 cents at $10.09 a bushel. CBOT December corn dropped 4-1/ 4 cents to $3.44-1/...

  • CHICAGO, July 20- U.S. wheat futures weakened to their lowest level in more than two weeks on Wednesday as investors quickly beat back overnight gains with a round of profit-taking. At 10:48 a.m. CDT, Chicago Board of Trade September soft red winter wheat futures were down 5 cents at $4.13 a bushel. November soybean futures were up 1-1/ 4 cents at $10.29 a bushel and...

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 2.50 cents a bale lower at $4.1540 a bushel; Sept. corn was 2.50 cents higher at $3.4440 bushel; Sept. oats was 3.50 cents higher at $2.0760 a bushel; while August soybeans gained 9.25 cents to $10.5320 a bushel. August live cattle was. 48 cent higher...

  • WASHINGTON— More than 372,000 pounds of hot dogs and corn dogs made earlier this month are being recalled over concerns of listeria contamination. The U.S. Department of Agriculture says Altus, Oklahoma- based Bar-S Foods is recalling five chicken and pork products that could potentially be contaminated with listeria. The USDA says Bar-S hasn't received test...

  • NEW YORK, July 20- U.S. farming and oil lobbies have spent over a decade battling over a government program that requires that renewable fuels are blended with gasoline, but a recent survey showed motorists largely don't know or care what goes into their gas tanks. "I have no idea" what's in the gas, "said Kerri Price, 53, who lives near Albuquerque and drives a Jeep Grand...