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Food and Beverage Agriculture

  • 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...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 8.40 cents at $4.9060 a bushel; Sept corn was down 6.20 cents at $3.7340 a bushel; Sept oats gained. 40 cent at $2.9620 a bushel while August soybeans lost 20.20 cents to $9.8860 a bushel. August live cattle was 1.90 cents lower at $1.1453 a pound;...

  • PARIS/ SYDNEY, July 24- U.S. corn and soybean futures fell by about 2 percent on Monday as forecasts for rain and less intense heat curbed fears of production losses in the U.S. Grain markets are awaiting the U.S. Department of Agriculture's weekly crop ratings, published after the close of U.S. trading on Monday, for the latest indication of the weather impact, after a...

  • *Louis Dreyfus planning series of divestments. PARIS, July 24- Louis Dreyfus Company has agreed to sell its African fertilizer business to Helios Investment Partners, sealing the first of a series of divestments planned by Louis Dreyfus as it responds to a tough cycle for agricultural commodity traders. Helios, a private equity firm, is to acquire 100 percent of...

  • CHICAGO, July 24- U.S. meat producers are earning some of the highest profit margins in more than a decade, a bright spot for investors in agriculture, where grain farmers and trading companies are struggling to make money after years of massive oversupply. "Margins are excellent," Joe Sanderson, chief executive officer of Sanderson Farms, told Reuters last month.

  • SYDNEY, July 24- U.S. corn futures fell 2 percent on Monday to hit a one-week low as forecasts for rain eased fears of potential production losses. The most active corn futures on the Chicago Board of Trade were down 2 percent at $3.85-3/ 4 a bushel at 0451 GMT, after earlier touching their lowest since July 17 at $3.84-3/ 4 a bushel. The recent dry conditions have already...

  • SYDNEY, July 24- U.S. corn futures fell 2 percent on Monday to hit a one-week low as forecasts for rain eased fears of potential production losses. The most active corn futures on the Chicago Board of Trade had fallen 2 percent to $3.85-3/ 4 a bushel by 0041 GMT, after earlier touching their lowest since July 17 at $3.84-3/ 4 a bushel. "Dry weather has been the big concern...

  • SAO PAULO, July 23- A trading firm owned by Agriculture Minister Blairo Maggi's family has been the biggest winner from Brazil's corn subsidies this year, underscoring the tensions between the billionaire farm magnate's political responsibilities and his investments. Traders say Brazil's centre-right government raised eyebrows with a decision to start...

  • Wheat futures were weaker, with a sell-off in MGEX spring pulling Chicago Board of Trade soft red winter wheat and K.C. hard red winter wheat contracts into negative territory. "Corn was down all day long off of unexpected rains through the center of Iowa and a six-to-ten day model run that came in somewhat wetter and less hot than yesterday's," Charlie Sernatinger,...

  • President Donald Trump hands Andrew N. Liveris, CEO of Dow Chemical, the pen after signing an executive order about regulatory reform in the Oval Office of the White House February 24, 2017 in Washington, DC.

    A widely used farm pesticide that the Trump administration refused to ban could get restricted in California.

  • CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 2.40 cents at $5.0820 a bushel; Sept corn was down 6.40 cents at $3.8440 a bushel; Sept oats lost. 20 cent at $2.9540 a bushel while August soybeans lost 8.40 cents to $10.0460 a bushel. August live cattle was. 63 cent higher at $1.1650 a pound;...

  • SYDNEY/ PARIS, July 21- U.S. corn fell below $4 a bushel on Friday as traders took profits at the end of a week where corn was on track to gain around 2.5 pct in response to forecasts for continued adverse weather which added to fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 1.3 percent to $3.99-1/ 2 a bushel after closing...

  • China to allow US rice imports for the first time

    China has agreed allow U.S. rice imports for the first time, even though trade talks between the two countries stalled. CNBC's Sophia Yan reports.

  • SYDNEY, July 21- U.S. corn edged lower on Friday, but the grain was on track to post a weekly gain of around 3.5 pct as forecasts for continued adverse weather stoked fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 0.4 percent to $4.03-1/ 4 a bushel after closing up 2.1 percent on Thursday when prices hit a high of $4.06-3/ 4...

  • SYDNEY, July 21- U.S. corn edged lower for the first time in four sessions on Friday, but was still poised to post weekly gains of nearly 4 percent as concerns about potential crop losses from adverse weather support prices. *Corn crop condition ratings declined earlier this week in top-producing states of Iowa, Illinois and Nebraska, and extended outlooks for...

  • CHICAGO, July 20- Global grain trader Bunge Ltd's cost cutting and restructuring plans could buy it time in the face of a takeover bid from a larger rival as it struggles to stay independent during a slump in the commodities market, analysts said. In its restructuring announcement, seen as a defense against both Glencore and activist investor Carlson Capital,...

  • ROME/ WINNIPEG, Manitoba, July 20- All packets of pasta and rice sold in Italy will have to include labels of origin showing where the produce was grown, the government ruled on Thursday, in a move it said was aimed at protecting local farmers. "We are putting Italy in the vanguard of Europe when it comes to labelling as a competitive tool for the Italian sector,"...

  • CHICAGO, July 20- China officials have agreed to allow imports of U.S. rice for the first time ever, U.S. Department of Agriculture Secretary Sonny Perdue said on Thursday. China opened its rice market when it joined the World Trade Organization in 2001 but a lack of phytosanitary protocol between China and the United States effectively banned imports, according...

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. Chicago Board of Trade corn for December delivery settled up 8-1/ 2 cents at $4.04-3/ 4 a bushel.