"With a great deal of energy and expense down the drain," plans for the so-called Ark were canceled.» Read More
CHICAGO, May 15- Crop land prices in the central Plains were steady to weaker in the first quarter of 2014 compared to the previous quarter as lower grain prices weighed on the outlook for farm income this year, the Federal Reserve Bank of Kansas City said on Thursday.
*Corn follows wheat up; slow U.S. planting pace lends support. Corn followed wheat higher but soybeans fell for a second straight session as large South American soy harvests eased concerns about tightening supplies of old-crop U.S. soybeans. At the Chicago Board of Trade, most-active July wheat settled up 10 cents at $7.39 a bushel.
*Corn follows wheat up; slow U.S. planting pace lends support. Corn followed wheat higher but soybeans fell for a second straight session as large South American soy harvests eased concerns about tightening supplies of old-crop U.S. soybeans. At the Chicago Board of Trade as of 12:35 p.m. CDT, most-active July wheat was up 12-1/ 2 cents at $7.41-1/ 2 a bushel.
May 6- Western Refining Inc and HollyFrontier Corp said they expect refining margins to grow in coming quarters due to lower crude costs. The price for West Texas Intermediate crude oil for delivery into Midland, Texas, which Western Refining and HollyFrontier access easily, is lower than the price for the benchmark crude in Cushing, Oklahoma.
New Jersey has now fallen into single-A category with two of the three major Wall Street credit rating agencies. Standard& Poor's Ratings Services cut New Jersey to A+ last month, citing budget tricks, the state's sizable imbalance, "bullish" revenue assumptions and pressure from growing pension obligations.
LONDON, May 1- Chicago wheat futures eased slightly on Thursday but remained near the prior session's five-week high as a closely watched U.S. crop tour confirmed widespread damage to yields from dry weather. July wheat futures on the Chicago Board of Trade fell 0.35 percent to $7.19 a bushel by 1055 GMT.
WICHITA, Kansas, April 30- Yield prospects for winter wheat in drought-hit southwestern Kansas are the poorest in more than a decade, potentially tightening global supplies of high-quality milling wheat, scouts on an annual tour of the top U.S. wheat state said Wednesday.
*Wheat faces resistance at $7.20. HAMBURG/ SINGAPORE, April 30- Chicago corn eased from a three-week high on Wednesday and wheat dipped, as grain markets took a breather after rallying in the previous session on global supply concerns sparked by poor U.S. crop weather. Wheat faced technical resistance while the market shrugged off the political crisis in Ukraine.
COLBY, Kansas, April 29- Crop scouts on the first day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the northern portion of the state at 34.7 bushels per acre, down from 43.8 bushels a year ago. Scouts on the tour, organized by the Wheat Quality Council, sampled 271 fields on Tuesday between Manhattan and Colby, Kansas.
*Bunge says poor soy crushing margins in China to improve. CHICAGO, April 25- U.S. wheat futures touched their highest level in more than a week on Friday as escalating tensions in Ukraine heightened fears of supply disruptions and forecasts for drier-than-expected weather fueled concerns about crop damage in the U.S.
*Wheat suffers biggest one-day drop in more than a year. "Wheat is the star of the show," said Sterling Smith, futures specialist for Citi. Chicago Board of Trade wheat for May delivery closed down 23 cents, or 3.3 percent, at $6.68-1/ 4 after touching a one-week low of $6.62-3/ 4 earlier in the session.
*Wheat drops 3.6 percent to one-week low. Wheat futures dropped 3.6 percent to a one-week low on expectations for more rainfall in the drought-stricken Plains. Chicago Board of Trade wheat for May delivery was down 25-1/ 2 cents, or 3.7 percent, at $6.65-3/ 4 a bushel at 10:15 a.m CDT.
LONDON, April 21- Chicago wheat fell around 2 percent on Monday to its lowest in almost a week after much needed rains fell in the parched U.S. Corn and soybean prices were also lower. Chicago Board of Trade wheat for May delivery was off 2.0 percent at $6.77-1/ 4 a bushel at 1119 GMT after earlier dipping to $6.76-1/ 4 a bushel, its lowest since April 15.
Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request.
Attorney General Eric Holder urged Congress on Tuesday to approve a $15 million funding request to better equip law enforcement and first responders to handle active shooters.
*Corn follows wheat; strong export data lends support. Corn and soybeans followed wheat higher, with corn buoyed by strong weekly export inspections data. At the Chicago Board of Trade, May wheat settled up 18-1/ 2 cents at $6.78-3/ 4 per bushel, while the KC May hard red winter wheat contract ended up 22-1/ 2 cents at $7.42.
*Corn follows wheat; strong export data lends support. Corn and soybeans followed wheat higher, with corn buoyed by strong weekly export inspections data. At the Chicago Board of Trade as of 12:08 p.m. CDT, May wheat was up 22 cents at $6.82-1/ 4 per bushel, while the KC May hard red winter wheat contract was up 26-1/ 4 cents at $7.45-3/ 4.
WASHINGTON, April 10- Kathleen Sebelius, the U.S. health secretary who oversaw the botched rollout of President Barack Obama's signature healthcare reforms, has resigned, a senior administration official said on Thursday. Obama was due to announce the change with Sebelius and Burwell at his side at a White House event at 10:45 ET/ 1445 GMT on Friday.
*Corn back above $5 on slow start to U.S. planting. Corn fell on technical selling but pared losses amid concerns about potential U.S. planting delays. At the Chicago Board of Trade by 12:34 p.m. CDT, May wheat was down 7 cents at $6.62 a bushel, while KC May hard red winter wheat, the type grown in the Plains, dipped to a one-month low of $7.19-3/ 4.
April 9- A Republican congressman from Kansas introduced legislation on Wednesday that would nullify efforts in multiple states to require labeling of genetically modified foods. The bill, dubbed the "Safe and Accurate Food Labeling Act," was drafted by U.S.