Food and Beverage Agriculture

  • CHICAGO, Dec 9- U.S. soybean and corn futures rose 1 percent on Friday, buoyed by technical buying and concerns over dry growing conditions in Argentina in the wake of U.S. Department of Agriculture crop data at midday that was deemed neutral, traders said. The gains came after USDA in a monthly report left U.S. soybean, corn and wheat stockpile estimates unchanged...

  • CHICAGO, Dec 9- U.S. soybean futures were about flat on Friday, paring earlier gains after the U.S. Department of Agriculture left its domestic supply outlook unchanged. Chicago Board of Trade corn and wheat futures were also little changed in subdued trading following the crop data, in which the government boosted its estimates of global grain and soy...

  • WASHINGTON, Dec 9- The U.S. Agriculture Department left its domestic supply estimates for corn, soybeans and wheat unchanged on Friday, holding usage forecasts for all three commodities steady with its November outlook. On the global front, the government raised its ending stocks outlook for corn, soybeans and wheat due to increased production outlooks in...

  • In its monthly supply and demand report, USDA said that U.S corn ending stocks for the 2016/ 17 marketing year will come in at 2.403 billion bushels, 10 million bushels below the average of estimates given in a Reuters survey of analysts. "In recent years, early-season U.S. corn export commitments have not been a robust indicator of final exports," USDA said in a...

  • CHICAGO— Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for March delivery was 4 cents lower $4.0420 a bushel; December corn was up. 20 cent at $3.4660 a bushel; DEcember oats was 4.40 cents higher at $2.1840 a bushel while January soybeans gained. 60 cent to $10.2760 a bushel. December live cattle was. 55 cent lower at $1.0850 a...

  • PARIS/ SINGAPORE, Dec 9- Chicago soybean futures turned higher on Friday, coming off an earlier two-week low as investors adjusted positions before U.S. government crop forecasts that will give clues as to how brisk export demand is playing out against big supplies. The U.S. Department of Agriculture will release its monthly supply-demand report at 1700 GMT and...

  • SAMUT SAKHON, Thailand— Thailand's navy on Friday showed off new technology to monitor fishing boats in a renewed effort to crack down on illegal fishing, forced labor and corruption in the seafood industry. New equipment the navy has been testing includes a GPS tracking system to monitor fishing vessels, a central database and a scanner for officials to check...

  • SEATTLE— Washington has become the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. Jay Inslee and Attorney General Bob Ferguson announced the lawsuit at a news conference in downtown Seattle Thursday,...

  • Dec 8- Washington state filed an environmental lawsuit on Thursday against agricultural company Monsanto Co seeking damages and cleanup costs associated with the company's production of PCBs, the state's attorney general said. The lawsuit- against Monsanto and two of its splinter companies, Solutia Inc and Pharmacia LLC- seeks compensation for damages to...

  • Dec 8- Washington state filed an environmental lawsuit on Thursday against agricultural company Monsanto Co seeking damages and cleanup costs associated with the company's production of PCBs, the state's attorney general said. The lawsuit- against Monsanto and two of its splinter companies, Solutia Inc and Pharmacia LLC- seeks compensation for damages to...

  • SEATTLE— Washington on Thursday became the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. "It is time to hold the sole U.S. manufacturer of PCBs accountable for the significant harm they have caused to our...

  • MINEOLA, N.Y.— Commercial fishing companies, trade groups and three fishing-based municipalities are seeking to delay the lease sale of an Atlantic Ocean site between New York and New Jersey that federal officials envision as the home of a massive offshore wind energy project. The Associated Press obtained a copy of a 45- page motion ahead of its filing...

  • Sec. Vilsack: Continue to promote US products to China

    Tom Vilsack, Agriculture secretary, offers his thoughts to Iowa Gov. Terry Brandstad about trade relations with China.

  • *More wheat purchases expected as India ends duties. *Prices drift before USDA report on Friday. "Wheat is seeing support today from the news that India is removing its wheat import tariffs," said Matt Ammermann, commodity risk manager for INTL FCStone.

  • NEW DELHI, Dec 8- India has scrapped its 10 percent import duty on wheat, Finance Minister Arun Jaitley told parliament on Thursday, amid fears of a shortage of the staple after droughts in 2014 and 2015 depleted stocks. Private importers have already purchased about 500,000 tonnes of wheat, largely from Australia, in the past month after the world's...

  • BEIJING, Dec 8- China will consume less corn in 2016/ 17 than previously forecast as livestock farmers in the world's top grain buyer give their animals more sorghum and barley and as overall demand for feed wanes, the nation's official think tank said on Thursday. In a daily report, the China National Grains and Oils Information Center cut its estimate for corn...

  • PUNTA DE ARAYA, Venezuela— The pirates had killed Flaco Marval's brother and two cousins, and word was they were coming for the rest of the family. "People can't make a living fishing anymore, so they're using their boats for the options that remain: smuggling gas, running drugs and piracy," said Jose Antonio Garcia, leader of the state's largest union.

  • BEIJING, Dec 8- China's small, independent refiners are set to raise their crude oil imports again in 2017 on expectations that Beijing will keep their intake quotas steady, market participants said, a move that should help eat up some of the global supply glut. Called "teapots" due to the small capacities of their plants compared with the big state-run refineries,...

  • *Soybean prices fall despite Argentina crop concerns. SYDNEY, Dec 8- U.S. wheat futures edged up on Thursday to move away from a five-day low touched in the previous session, though ample global supply capped gains. The most active wheat futures on the Chicago Board of Trade had risen 0.31 percent to $4.02-1/ 4 a bushel by 0332 GMT.

  • SYDNEY, Dec 8- U.S. wheat futures edged higher on Thursday, rebounding from a five-day low touched in the previous session, although ample global supplies put a ceiling on gains. *The most active wheat futures on the Chicago Board Of Trade rose 0.5 percent to $4.03 a bushel, having closed down 1.4 percent on Wednesday when prices fell to a low of $3.99-1/ 2 a bushel- the...