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Food and Beverage Agriculture

  • ROCKPORT, Maine— The expanding market for lobsters in China is continuing to grow, with the country setting a new record for the value of its imports of the crustaceans from the United States. American lobster was almost unheard of in most of China until 2010, when the value of imports grew 250 percent to about $7.4 million. Last year, China imported more than $108...

  • University of Vermont researchers have been raising the exotic spice now grown primarily in Iran and are encouraging growers to tap into what they hope will be a cash crop. said Patricia Fontaine, of Palmer Farm in Little Compton, Rhode Island. She, her mother and brother attended a sold-out workshop this month on growing saffron hosted by the University of...

  • CHICAGO, March 17- U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. "The corn and wheat rebounds have run into chart resistance while nearby soybeans are stuck to the $10 mark," Matt Zeller, director of market information of INTL FCStone, said...

  • SAO PAULO— Two big Brazilian meatpackers bribed inspectors to keep rotten meat on the market, police charged Friday in issuing dozens of arrest warrants, while a judge accused the Agriculture Ministry of betraying the country. Authorities warned that the case was a severe blow to the international image of Brazil's agribusiness sector, which officials have...

  • CHICAGO, March 17- U.S corn and wheat futures were trading close to unchanged on Friday as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. "The corn and wheat rebounds have run into chart resistance while nearby soybeans are stuck to the $10 mark," Matt Zeller, director of market information of INTL...

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was 0.20 cent lower at $4.3560 a bushel; May corn was down 0.60 cent at $3.6520 a bushel; May oats was down 1.40 cent at $2.4760 a bushel while May soybeans lost 4.60 cents to $9.9660 a bushel. April live cattle was. 05 cent lower at $1.1915 a pound; March feeder...

  • *Wheat market awaits news on Turkey import curbs on Russia. PARIS/ SINGAPORE, March 17- Chicago soybean futures edged lower on Friday in hesitant trade as rising expectations for bumper South American harvests continued to weigh on the oilseed market. Corn inched down, after climbing on Thursday on the back of strong U.S. exports, with the feed grain also capped by...

  • Wang went to Davao City, where Duterte was mayor for 22 years before he became president in 2016 and sought a dramatic change in approach towards China at the height of a row over South China Sea sovereignty and amid the fallout of a bitter legal dispute that went to international arbitration. The vice premier signed a six-year development program to work...

  • Wang went to Davao City, where Duterte was mayor for 22 years before he became president in 2016 and sought a dramatic change in approach towards China at the height of a row over South China Sea sovereignty and amid the fallout of a bitter legal dispute that went to international arbitration. The vice premier signed a six-year development programme to work...

  • SINGAPORE, March 17- Chicago soybean futures lost ground on Friday with the market set for a second week of declines as a record Brazilian supplies hit the market and near-perfect weather in Argentina boosts supply prospects. The Chicago Board Of Trade most-active soybean contract lost 3.6 percent in its biggest two-week fall since early February.

  • SYDNEY, March 17- U.S. corn edged higher on Friday, extending gains into a fourth consecutive session on the back of stronger than expected exports, and was on track for a small weekly rise. *The U.S. Department of Agriculture reported weekly export sales of old-crop U.S. corn at 1.255 million tonnes, above a range of trade expectations and the most in seven weeks.

  • A farmer unloads harvested corn in Marshall, Missouri.

    President Trump's plans to gut the Agriculture Department's discretionary funding is getting criticized by key lawmakers.

  • CHICAGO, March 16- A form of bird flu that is highly lethal for poultry has infected a second commercial chicken farm in Tennessee that supplies Tyson Foods Inc, company and state officials said on Thursday. The initial case in Tennessee was the nation's first infection of highly pathogenic bird flu at a commercial poultry operation in more than a year.

  • *Wheat firm, led by K.C. and Minneapolis markets. As of 12:26 p.m. CDT, CBOT May corn was up 3 cents at $3.66-1/ 2 per bushel. May soybeans were up 1-1/ 2 cents at $9.9-3/ 4 a bushel and CBOT May wheat was up 1/ 4 cent at $4.36-3/ 4 a bushel.

  • LONDON, March 16- Chicago wheat futures rose for a second session on Thursday, boosted by a weaker dollar and concerns over potentially crop-damaging cold and dry weather in the United States. The Chicago Board of Trade most-active wheat contract was up 0.4 percent to $4.37-3/ 4 a bushel by 1141 GMT, having closed up 1.3 percent on Wednesday. Dealers said the U.S. was...

  • SINGAPORE, March 16- Chicago wheat futures rose for a second session on Thursday, buoyed by a weaker dollar and concerns over potentially crop-damaging cold and dry weather in the United States. The Chicago Board of Trade most-active wheat contract had climbed 0.3 percent to $4.37-1/ 2 a bushel by 0322 GMT, having closed up 1.3 percent on Wednesday.

  • SYDNEY, March 16- U.S. soybeans edged higher on Thursday, pushing further away from a near three-month low hit earlier in the week as a weaker dollar supported prices, although gains were checked by ample global supplies. *The most active soybean futures on the Chicago Board Of Trade rose 0.7 percent to $10.05 a bushel, having firmed 0.1 percent on Wednesday.

  • *Americans eat 70 mln lbs of corned beef on St. Patrick's Day. CHICAGO, March 15- In recent weeks, the U.S. meat industry has found itself wrestling with a culinary conundrum: Would American Roman Catholics be able to eat corned beef this St. Patrick's Day? At least 80 of the nearly 200 U.S. Catholic dioceses have issued some form of exemption on avoiding meat on St....

  • Traders also said that bargain buyers helped support the grains after declines on Tuesday pushed corn to its lowest since Feb. 1 and wheat to its lowest since Feb. 8. CBOT May soybeans dropped 1-1/ 4 cents to close at $9.98 a bushel. The National Oilseed Processors Association said its members crushed a smaller-than-expected 142.792 million bushels of soybeans...

  • Wheat notched the biggest gain, with the most-active Chicago Board of Trade soft red winter wheat contract rising nearly 1 percent after bottoming out at its lowest since Feb. 8. At 10:42 a.m. CDT, CBOT May soft red winter wheat was up 4 cents at $4.34-1/ 2 a bushel. CBOT May soybeans were 1-3/ 4 cents higher at $10.01 a bushel.