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Food and Beverage Agriculture

  • CHICAGO, July 26- U.S. wheat futures firmed on Wednesday, with MGEX spring wheat contracts posting the biggest gains as results from a crop tour confirmed that drought in the northern Plains severely crimped harvest potential in that key growing region. Traders also noted bargain buying in wheat futures as the benchmark Chicago Board of Trade soft red winter...

  • The deal comes after Monsanto, the world's largest seed company, terminated in May its agreement to sell the unit, Precision Planting LLC, to machinery maker Deere& Co, amid regulatory pressure. The U.S. Department of Justice had filed a lawsuit to block the sale, arguing the deal could make it more expensive for farmers to use fast, precise planting technology.

  • Seven other senators are co-sponsoring it: Ben Cardin of Maryland, Kamala Harris of California, Richard Blumenthal of Connecticut, Cory Booker of New Jersey, Kirsten Gillibrand of New York, Richard Durbin of Illinois and Ed Markey of Massachusetts. The EPA considered whether to ban it for roughly a decade before Trump appointed EPA Administrator Scott Pruitt, a...

  • CHICAGO, July 26- U.S. wheat futures firmed on Wednesday, with MGEX spring wheat contracts posting the biggest gains as results from a crop tour confirmed that drought in the northern Plains severely crimped harvest potential in that key growing region. Traders also noted bargain buying in wheat futures as the benchmark Chicago Board of Trade soft red winter...

  • Plenty CEO on funding the indoor farming revolution

    Matt Barnard, Plenty co-founder & CEO, discusses his indoor farming startup's $200 million funding round including investment from Jeff Bezos, and how they're trying to bring technology to local fresh food.

  • CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 3.60 cents at $4.7760 a bushel; Sept corn was down. 20 cent at $3.6840 a bushel; Sept oats lost 1.40 cents at $2.8040 a bushel while August soybeans gained. 40 cent to $9.82 a bushel. August live cattle was 1.23 cents higher at $1.1440 a pound;...

  • *Gains in wheat checked as supply fears ease. SYDNEY, July 26- U.S. wheat edged higher on Wednesday after earlier hitting a near one-month low, though gains were curbed by easing fears of tight supplies as a result of recent dry weather. The most active wheat futures on the Chicago Board Of Trade were up 0.95 percent to $4.78-1/ 2 a bushel at 1137 GMT, having earlier...

  • MOSCOW, July 26- Russian fish farming company Russian Aquaculture plans to invest in more production capacity, encouraged by last year's return to profit and a nascent recovery in consumption, Chief Executive Ilya Sosnov told Reuters. The company, which farms salmon and trout in the Barents Sea and in the northern Karelia region, made a loss in 2015 after it was...

  • SYDNEY, July 26- U.S. wheat edged higher on Wednesday after earlier hitting a near one-month low, though gains were curbed by easing fears of tight supplies as a result of recent dry weather. The most active wheat futures on the Chicago Board Of Trade were up 0.5 percent to $4.74-3/ 4 a bushel at 0219 GMT, having earlier fallen to $4.73 a bushel- the lowest since June 29.

  • SYDNEY, July 26- U.S. wheat edged higher on Wednesday after earlier hitting a near one-month low, though gains were curbed by easing fears of tight supplies as a result of recent dry weather. The most active wheat futures on the Chicago Board Of Trade were up 0.5 percent to $4.74-3/ 4 a bushel at 0219 GMT, having earlier fallen to $4.73 a bushel- the lowest since June 29.

  • *The most active wheat futures on the Chicago Board Of Trade were up 0.2 percent to $4.74-3/ 4 a bushel at 0050 GMT, having earlier fallen to $4.73 a bushel- the lowest since June 29. *The most active soybean futures edged up 0.1 percent to $9.93-3/ 4 a bushel, having earlier hit a low of $9.90-1/ 2 a bushel- the lowest since July 14. *Spring wheat prospects are lower than last...

  • *Shares hit record high of $86.36. DuPont, which is merging with Dow Chemical, rose as much as 2.4 percent to $86.36 in morning trading. Sales in DuPont's agriculture unit, which accounts for nearly half of its total revenue, rose 7 percent as the company sold more soybean seeds in North America and sunflower seeds in Europe.

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 6.20 cents at $4.8240 a bushel; Sept corn was down 4.60 cents at $3.7240 a bushel; Sept oats gained. 60 cent at $2.8940 a bushel while August soybeans gained 5.20 cents to $10.0260 a bushel. August live cattle was. 20 cent lower at $1.1408 a pound;...

  • DuPont also said higher soybean sales in North America and increased demand for sunflower and corn seeds in Europe helped its agriculture business in the first half of the year. DuPont and Dow are hiving off assets worth billions, including a portion of DuPont's crop protection business, to comply with anti-trust regulators after announcing their $130...

  • HAMBURG, July 25- U.S. soybeans rose about 1 percent on Tuesday, reversing Monday's decline, after the U.S. Department of Agriculture said the U.S. crop was in a worse condition than expected after recent dry weather. The Chicago Board of Trade most active November soybean. contract was up 1.0 percent at $10.20-1/ 4 a bushel at 1008.

  • *Police raided warehouse near Jakarta last week. Police raided IBU's warehouse near Jakarta on Thursday, confiscating more than 1,000 tonnes of rice and alleging the company had bought lower quality subsidised grain that was then labelled as premium rice when sold. "Our focus is now on distribution channels," he said, referring to the raid on the IBU warehouse...

  • The most active soybean futures on the Chicago Board of Trade rose 1.3 percent to $10.23 a bushel by 0030 GMT, having earlier hit $10.35-1/ 2 a bushel- the highest since July 12. The fall comes after the USDA said 57 percent of the U.S. soybean crop was good to excellent, down 4 percent from last week. "There has been a lot of concern about the weather impact on U.S. crops, and...

  • CHICAGO, July 24- U.S. wheat futures fell to their lowest in more than three weeks on Monday on profit taking as traders said damage from a drought in the U.S. The Wheat Quality Council's annual North Dakota tour will provide a close look at the spring wheat crop in the top production state this week. Chicago Board of Trade September soft red winter wheat was 10-1/ 2...

  • EXCLUSIVE-UPL LTD EXPLORES BID FOR PLATFORM SPECIALTY PRODUCTS CORP'S AGROCHEMICALS DIVISION-SOURCES.

  • At 10:11 a.m. CDT, MGEX spring wheat for September delivery was down 31-1/ 2 cents at $7.34-1/ 4 a bushel. Chicago Board of Trade September soft red winter wheat was 12-1/ 2 cents lower at $4.86-3/ 4 a bushel while K.C. hard red winter wheat for September delivery was off 12-1/ 2 cents at $4.83-1/ 2 a bushel. CBOT November soybean futures were down 16-3/ 4 cents at $10.05-1/ 2 a...