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Food and Beverage Agriculture

  • PARIS/ SINGAPORE, Feb 21- Chicago soybean futures edged higher on Tuesday after a two-session slide, with heavy rain in major exporter Argentina bringing weather risks back into focus. Gains were limited by overall expectations for large soybean harvests in Argentina and Brazil, as well as a sharp rise in the dollar that makes U.S. grains more expensive overseas.

  • *Soybeans up 1 pct, potential yield loss after rains in Argentina. SINGAPORE, Feb 21- Chicago soybean futures gained almost 1 percent on Tuesday as the market recovered from its lowest in more than two weeks with rains in Argentina raising concerns over potential decline in yields. The Chicago Board Of Trade most-active soybean contract rose 0.9 percent to...

  • SYDNEY, Feb 21- U.S. soybeans rose 1 percent on Tuesday, rebounding from a more than two-week low hit in the previous session, as heavy rains in Argentina over the weekend stoked concerns over potential yield losses. *The most active soybean futures on the Chicago Board Of Trade rose 0.94 percent to $10.42-1/ 4 a bushel, having closed down 1.1 percent on Friday when...

  • PORTLAND, Maine— A disagreement over the right to fish for scallops off New England is pitting small boats against big ones in one of the most lucrative fisheries in the U.S. Small boat fishermen say the conflict has arisen in the northern Gulf of Maine, a critically important fishing area stretching roughly from Boston to the border of Maine and Canada.

  • Chicago Board of Trade March wheat settled down 6-3/ 4 cents at $4.41 per bushel. March corn was down 5-1/ 4 cents at $3.68-1/ 4 a bushel, and March soybeans were down 11-1/ 4 cents at $10.32-1/ 2 a bushel. "This is just follow-through liquidation," said Tom Fritz, a partner at EFG Group in Chicago "The spec got too long, too fast."

  • Soft red winter wheat is harvested with a John Deere & Co. combine harvester in aerial photograph taken over Kirkland, Illinois.

    Farm machinery giant Deere sees signs the agriculture market is 'nearing bottom' as it raises full-year guidance.

  • Smucker's shares fell as much as 6 percent to $130.01 in morning trading on Friday. Green coffee prices are expected to rise through early 2017 as drought has hit coffee output from top grower Brazil for three straight years. "We think there is an opportunity as our contracts roll off to improve that dramatically," Steven Oakland, who heads, Smucker's coffee and U.S....

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for March delivery was 4.200 cents lower at $4.4340 a bushel; March corn was down 3 cents at $3.7040 a bushel; March oats was down 3.40 cents at $2.5220 a bushel while March soybeans lost 7.60 cents to $10.36 a bushel. February live cattle was. 55 cent higher at $1.1708 a pound;...

  • *Egypt wheat tender in focus after brisk recent demand. PARIS/ SINGAPORE, Feb 17- Chicago wheat and corn futures fell for a second straight session on Friday, after reaching multi-month highs this week in a fund-fueled rally seen as lacking clear fundamental drivers. The Chicago Board Of Trade most-active wheat contract was down 0.8 percent at $4.44-1/ 4 a bushel.

  • *Egypt wheat tender in focus after brisk recent demand. PARIS/ SINGAPORE, Feb 17- Chicago wheat and corn futures fell for a second straight session on Friday, after reaching multi-month highs this week in a fund-fuelled rally seen as lacking clear fundamental drivers. The Chicago Board Of Trade most-active wheat contract was down 0.8 percent at $4.44-1/ 4 a bushel.

  • Green coffee prices are expected to rise through early 2017 on forecasts that demand will outstrip supply, as drought has hit coffee output from top grower Brazil for three straight years. The company's pet foods business, its biggest in terms of sales, has come under pressure from rivals Mars Petcare and Nestle's Purina, which are using promotions and...

  • *With H7N9 strain, poultry show few symptoms. *Over 100 people have died from bird flu in China this winter. BEIJING, Feb 17- Bird flu infection rates on Chinese poultry farms may be far higher than previously thought, because the strain of the deadly virus that has killed more than 100 people this winter is hard to detect in chickens and geese, animal health experts say.

  • SINGAPORE, Feb 17- Chicago wheat slid 1.1 percent on Friday, falling for a second day and set for its first weekly loss in three as abundant global supplies weighed on the market. "We have got to a point with wheat that there has been quite a bit of short-covering and the market was overdue for a correction," said one Australia- based commodities analyst.

  • SYDNEY, Feb 17- U.S. wheat edged lower on Friday, falling from a more than seven-month high touched in the previous session, as traders banked profits- pushing the grain towards its first weekly loss in three weeks. *The U.S. Agriculture Department reported export sales of U.S. old-crop wheat in the latest week at 569,100 tonnes, above trade expectations for 300,000...

  • Mexico buys nearly all its corn imports from the United States- shipments that totaled 13.603 million tonnes in the year ending Aug. 31, 2016. A grain buyer at a corn mill in Mexico told Reuters in an email on Thursday he had already asked for price quotes from Brazilian and Argentine exporters for corn shipments to Mexico. Mexico tends to import grain from South...

  • Feb 16- A federal jury on Thursday convicted a Chinese scientist in Kansas of conspiring to steal samples of a variety of genetically engineered rice seeds from a U.S. research facility, the U.S. Justice Department said, the latest attempt at agricultural theft linked to China. Zhang, who has a doctorate from Louisiana State University, worked as a rice breeder for...

  • KANSAS CITY, Kan.— A Chinese national living in Manhattan, Kansas, is guilty of conspiring to steal proprietary rice seeds developed in the U.S. and giving them to visitors from China. In 2013, officials with a crop research institute in China toured facilities in the Midwest with Zhang. Federal officials found Ventria seeds in the visitors' luggage as they...

  • CHICAGO, Feb 16- U.S. wheat and corn futures declined on Thursday, retreating from early strength on profit-taking after each market set multi-month highs, analysts said. CBOT March corn settled down 5-1/ 4 cents at $3.73-1/ 2 per bushel after reaching $3.80, the contract's highest since mid-July. CBOT March wheat finished down 7 cents at $4.47-3/ 4 a bushel after...

  • Will Happer, Professor of Physics at Princeton University.

    Will Happer says he resents being called a 'climate denier,' and says carbon dioxide is actually good for the planet.

  • MEXICO CITY, Feb 16- Mexico's agriculture minister said on Thursday he will lead a business delegation to Argentina and Brazil to buy yellow corn, part of a drive to lessen Mexico's dependence on U.S. exports as President Donald Trump threatens to upend long-standing free trade between the two countries. For years, Mexico has relied on U.S. yellow corn imports...