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  • *Soybeans for July delivery on the Chicago Board of Trade were up half a percent at $9.42-3/ 4 per bushel by 0029 GMT, recovering from Monday's two-week low of $9.30-1/ 4. Kansas and Missouri, hit hard by early summer storms which have brought several inches of rain to both states, lag the nation. *Wheat was little changed at $4.89 a bushel, after falling as much as 3.5...

  • *Corn hits new contract lows. CHICAGO, June 15- Chicago Board of Trade wheat futures sank 2.9 percent on Monday, hitting a two-week low on expectations that drier conditions in the U.S. Corn futures also fell, hitting new contract lows amid pressure from good weather for crop development across the U.S.

  • The USDA is overseeing the killing and disposal of affected birds and the scope of the outbreak "has exposed some flaws in the response plans," Republican Sens. The USDA will be prepared to talk about its response if invited to testify before the Senate committee, spokeswoman Andrea McNally said. The USDA has more than 1,900 staff and contractors responding to...

  • GRAINS-Wheat steadies after slide on USDA supply lift Wednesday, 10 Jun 2015 | 8:46 PM ET

    SINGAPORE, June 11- Chicago wheat was little changed early on Thursday after tumbling more than 3 percent in the prior session in its sharpest slide in two weeks, as the U.S. boosted its supply outlook following heavy rains. *Wheat for July delivery on the Chicago Board of Trade was nearly flat at $5.13-3/ 4 a bushel. *The USDA forecast winter wheat production at 1.505...

  • UPDATE 1-USDA increases wheat harvest outlook after rains Wednesday, 10 Jun 2015 | 12:29 PM ET

    WASHINGTON, June 10- Heavy rains across the southern and central U.S. USDA also lowered its soybean supply outlook for the 2015/ 16 crop year due to increased domestic usage and raised its view of corn supplies due to lower ethanol production in its monthly supply and demand report. "The wheat numbers were high, and we are seeing some of the buying come out of the...

  • USDA also lowered its soybean supply outlook for the 2015/ 16 crop year due to increased domestic usage and raised its view of corn supplies due to lower ethanol production in its monthly supply and demand report. Analysts had been expecting the USDA to project winter wheat production at 1.474 million bushels, according to the average of analysts' estimates in a...

  • WINNIPEG, Manitoba, June 9- Farmers in Western Canada's Prairie provinces are counting on rains forecast by the weekend to salvage crops struggling to grow after weeks of dry weather. Most arable land in Saskatchewan and Alberta, Canada's two largest producers of canola and wheat, have received less than 40 percent of average precipitation for the month ended...

  • Kansas and Missouri were the furthest behind, with just a third of the soybean crop in the ground. "The high percentage of soybeans unplanted in Kansas and Missouri- and to a lesser extent Nebraska- amounts to 7.6 million acres not in the ground based on what was planted last year," said Rich Feltes, an analyst with RJ O'Brien. The northern half of Kansas received 2...

  • *Wheat adds to last week's 8.4- pct gain. Wheat for July delivery on the Chicago Board of Trade was up 0.8 percent at $5.21 a bushel by 0309 GMT. Wheat touched a two-month high of $5.34 on Friday as investors covered short positions amid uncertainty on the quality of hard red winter wheat crop in the southern U.S.

  • SINGAPORE, June 8- Chicago wheat futures edged higher on Monday, extending a more than 8 percent rally scored last week, amid worries over potentially lower crop yields in the U.S. *Wheat for July delivery on the Chicago Board of Trade was up 0.3 percent at $5.18-3/ 4 a bushel by 0034 GMT. Plains, investors were also looking at dry conditions in Western Europe and parts...

  • CHICAGO, June 4- Chicago Board of Trade wheat futures jumped 1.8 percent on Thursday, and were on track to post a third gain in the last four sessions as some weather concerns provided the impetus for traders to cover short positions. "It is a little early in the game as things have gotten maybe a little less than perfect in some areas," said Greg Grow, director of...

  • For UAW members, two-tier wage issue is personal Tuesday, 2 Jun 2015 | 1:00 AM ET

    KANSAS CITY, Kansas, June 2- For United Auto Workers union members Jermaine and Akema Austin, a two-tier wage system at General Motors Co is not just business, it's personal. Detroit automakers, which pushed for and won the two-tier system in negotiations with the union, say the freedom to hire workers at lower wages has helped them recover from near-death in the...

  • As expected, the goal fell short of the amount required by Congress in a 2007 law. The EPA did not cut the ethanol blending target as much as it did in its previous plan. The oil industry has lobbied fiercely against increased blending requirements, and its trade group said on Friday it would go to Congress to push for an overhaul of the policy.

  • U.S. state April income tax revenue returns to growth Wednesday, 27 May 2015 | 3:35 PM ET

    May 27- U.S. state personal income taxes rebounded in the key revenue month of April, partly due to 2014' s strong stock market, after dropping a year ago, but collections have not fully stabilized since big increases in 2013.. Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, said income tax revenue, boosted in part...

  • LOS ANGELES, May 18- Nearly six million people with disabilities may benefit from new tax-free savings plans approved by Congress last year, but the accounts may not be as helpful or available as quickly as originally promised. After a decade of lobbying by disability advocates, Congress passed The Achieving a Better Life Experience Act in the final hour before...

  • May 15- Blue Bell Creameries said it would lay off about 750 full-time and 700 part-time employees, nearly a month after the ice cream maker voluntarily recalled all its products and stopped production due to bacterial contamination. The cuts will affect about 37 percent of the Brenham, Texas- based company's total workforce of 3,900, a decision Chief...

  • *Nebraska becomes 16th U.S. state affected by avian flu. May 12- The fast-spreading avian flu virus was confirmed for the first time in Nebraska, at a commercial egg-laying farm that housed a flock of 1.7 million chickens, the U.S. Department of Agriculture said on Tuesday. "Unfortunately, Nebraska has joined a long list of states currently dealing with highly...

  • *Wheat firm as softer dollar prompts short-covering. *Soybeans also higher; Argentine strikes eyed. CHICAGO, May 12- Chicago Board of Trade wheat futures hit a two-week high and soybeans also firmed on Tuesday as a weaker dollar inspired managed funds to cover short positions ahead of a monthly U.S. government report.

  • May 11- A strain of avian flu that until now had been found only in the Western United States has cropped up in Indiana, bringing the total number of states affected by the virulent outbreak to 15, the U.S. Department of Agriculture said on Monday. The H5N8 strain found in a backyard poultry flock in Indiana is concerning to them also. It was also found in captive...

  • UPDATE 1-USDA finds H5N8 bird flu strain in Indiana Monday, 11 May 2015 | 1:59 PM ET

    May 11- A strain of highly pathogenic H5 avian flu that had recently been found only in the Western United States has been confirmed in a backyard poultry flock in Indiana, the U.S. Department of Agriculture said on Monday. The H5N8 strain in Indiana is the same one that had been previously confirmed in the Pacific flyway, specifically in commercial chicken and...