After corn prices peaked during a 2012 drought, this year's record harvest has pushed prices to lows and forced farmers to postpone purchases.» Read More
WASHINGTON— Washington may be a sea of dysfunction, but the current Congress is offering a few reminders about how a bill becomes a law: compromise. However, when it came to improving veterans' health care, overhauling job training programs, authorizing water projects and "unlocking" cellphones for use in other networks, Congress managed to get the job done.
The Labor Department said Monday that unemployment rates fell in eight states in July and were unchanged in 12. At the same time, hiring rose in 36 states, fell in 13, and was unchanged in Iowa. Mississippi had the highest unemployment rate in July, at 8 percent, its first month with the highest since the 2008-2009 Great Recession.
Aug 15- Deere& Co, the world's largest maker of farm equipment, said it would indefinitely lay off more than 600 employees at plants in Illinois, Iowa and Kansas as falling grain prices hurt demand for tractors, harvesters and other agricultural machinery.
The plants are in Moline and East Moline, Illinois; Ankeny, Iowa; and Coffeyville, Kansas, Deere said.
CHICAGO, Aug 14- A research study has shown for the first time that livestock feed can carry a virus that has killed about 13 percent of the U.S. hog herd, the study's lead author said, confirming suspicions among farmers and veterinarians battling outbreaks.
CHICAGO, Aug 14- Farmland prices in the U.S. Plains and Corn Belt states were steady to higher in the second quarter despite lower grain profits as crop prices fell, according to Federal Reserve Bank quarterly surveys issued on Thursday.
CHICAGO, Aug 14- New-crop U.S. soybean futures on Thursday rebounded from a contract low set earlier in the session, while new-crop corn topped a one-week high in a recovery from recent losses. "Light short covering in thin trade is taking place," said Karl Setzer, grain solutions team leader for MaxYield Cooperative in Iowa.
*Corn traders shrug off below-consensus USDA yield estimate. Traders shrugged off lower-than-expected USDA estimates for soy and corn output, issued in a monthly report on Tuesday, saying that mild, wet weather has benefited crops.
Aug 13- NewLink Genetics Corp, which licensed an Ebola vaccine developed by Canadian government scientists, has enough doses on hand to launch the first human safety trial of an Ebola vaccine this summer, its chief executive said on Wednesday.
*Soy market digests higher-than-expected USDA stocks view. *Hesitant corn market shrugs off below-consensus USDA yield. On Tuesday, the USDA pegged the U.S. corn harvest at a record 14.032 billion bushels, below analysts' estimates of 14.253 billion, and 2014/ 15 ending stocks at 1.808 billion bushels, below expectations of 2.005 billion.
China has barred pork imports from six U.S processing plants and six cold storage facilities effective on Wednesday.
WASHINGTON, Aug 7- John Norris, a commissioner with the U.S. Federal Energy Regulatory Commission, said on Thursday he will resign almost three years before his term expires to take up a post with the U.S. Department of Agriculture.
Farm real estate values, which includes land and buildings, averaged $2,950 per acre in 2014, up 8.1 percent from 2013, the USDA said in its annual report based on surveys of 11,000 land parcels and taken during the first two weeks of June.
WASHINGTON, Aug 1- A U.S. lawmaker has launched an inquiry into the amount of money the Commodity Futures Trading Commission spends on office leases, expressing concern that the derivatives regulator is wasting taxpayer money on underutilized space.
WASHINGTON, Aug 1- Few people in Washington believe Republicans will try to impeach President Barack Obama.
WASHINGTON, Aug 1- A U.S. lawmaker has launched an inquiry into the amount of money the Commodity Futures Trading Commission spends on leases, expressing concern that the derivatives regulator is wasting taxpayer money on underutilized space.
PARIS, July 31- French logistics group Norbert Dentressangle is to buy U.S.-based Jacobson Companies from private equity fund Oak Hill Capital Partners in a deal worth $750 million aimed at giving it critical mass in the United States. It will be funded through Norbert Dentressangle reserves and available credit lines and is expected to close mid-September.
WASHINGTON, July 29- More than 17,000 U.S. military personnel and other consumers will receive about $92 million in debt relief as part of a settlement over a lender's alleged improper practices, the U.S. consumer watchdog and 13 states announced on Tuesday.
July 28- Tyson Foods Inc said on Monday it would sell its Mexican and Brazilian poultry businesses to JBS SA for $575 million and use the proceeds to pay down debt from its pending $7.7 billion purchase of Hillshire Brands Co..
In a study requested by California Representative Anna Eshoo, the GAO, the investigative arm of Congress, found consumers often were unclear about what online activities consumed the most data and paid ISPs too much either for data they did not use or through overage fees for exceeding data caps.