Kansas
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CNBC's Sue Herera takes a look at video footage of a tornado forming in Tescott, Kansas on Tuesday.
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*Some planting in east this week. CHICAGO, May 8- Better corn planting weather is expected in the U.S. "There definitely will be better conditions than we've had, the best opportunity will be this weekend through early next week," said Andy Karst, meteorologist for World Weather Inc..
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*Wheat falls on corn spillover, Indian export competition. PARIS/ SINGAPORE, May 6- Chicago corn futures fell more than 2 percent on Monday as reports of lighter rainfall in the U.S. grain belt eased concerns about planting delays that had sent the market surging to a one-month high last week.
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*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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*India lifts wheat crop estimate, may lower prices. Wheat fell in line with losses in the corn market, with additional pressure from forecasts of higher production in India, which is expected to boost exports to trim burdensome stockpiles.
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*Corn falls 2 pct on less-than-expected rains. *Corn posted biggest weekly gain since July 2012. Chicago Board of Trade July corn futures fell 1.93 percent to $6.48- 1/ 2 a bushel by 0040 GMT, after hitting a low of $6.44- 1/ 2 a bushel earlier in the session.
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*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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CHICAGO, May 3- U.S. soybean futures jumped more than 1 percent on Friday while corn and wheat fell early and then trimmed losses as tight domestic supplies and strong cash markets prompted investors to cover short positions.
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*Corn touches one-month high as rains delay plantings. Corn futures edged lower after hitting a one-month peak. We're just in that timeframe of tight stocks and there haven't been any imports yet from South America, "said Don Roose, president of U.S. Commodities in Des Moines, Iowa.
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*SandRidge shares are down 20 percent this year. *SandRidge reports Q1 results May 7. While natural gas prices have risen from last year's 10- year lows, they remain depressed, adding pressure to SandRidge and peers like Chesapeake Energy Corp and Hess Corp to cut costs and improve well efficiency.
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KANSAS CITY, May 2- Wheat yields and harvested acreage in Kansas will be hard hit by drought and recent cold weather that has hindered crop development in the biggest U.S. wheat state, scouts on an annual tour said.
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KANSAS CITY, Mo., May 2- Drought across key agricultural areas of the central United States eased slightly over the last week, though more moisture was needed in many parts to replenish parched soils, state and federal climatologists said in a report on Thursday.
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*Kansas wheat tour reporting results of drought damage. "The current system is bringing rains of 0.50 inch to 1.5 inches or more with widespread coverage in a line roughly west of Louisville to Chicago, with lighter amounts in the east," said John Dee, meteorologist for Global Weather Monitoring.
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May 1- U.S. independent refiner Phillips 66 expects North Dakota's Bakken crude oil to be competitively priced to move via rail to East and West coast markets despite a narrowing of the U.S. crude benchmark's price discount to London's Brent, an executive told analysts on Wednesday.
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CHICAGO, April 30- U.S. wheat surged 3 percent on Tuesday, with benchmark futures at the Kansas City Board of Trade climbing to the highest level in seven weeks on concerns scouts on an annual crop tour will find freeze-damaged fields in the top growing state of Kansas.
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*Corn seedings already slowest on record. There is a big storm system starting Tuesday that will spread in intensity and coverage by Thursday and linger into the weekend, "said Don Keeney, a meteorologist for MDA Weather Services.
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*Dry weather in Australia threatens wheat crop. LONDON, April 30- Chicago corn and soybean prices climbed to one-month highs on Tuesday as cold, wet weather in the U.S. Wheat prices also rose, underpinned by deteriorating crop outlooks in both the U.S. and Australia.
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One of the slowest U.S. planting seasons in history and tight domestic supplies of corn and soybeans sent prices sharply higher to begin the week, even as growers made tenuous progress in seeding what is expected to be the largest corn area since 1933. Chicago Board of Trade corn for July delivery, the most active grains contract, fell 5-3/ 4 cents to $6.54, losing ground after climbing to a one-month high overnight.
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*Corn plantings match slowest pace on record from 1984. *Wheat sharply higher ahead of annual Kansas crop tour. *Soybeans up most since February.
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Prior to USDA's planting report, corn traders on Monday had expected a slow planting place and bid Chicago corn futures 6 percent higher for their biggest gain since July. Farmers in Illinois and Indiana, two other major producers, had finished just 1 percent of their corn seeding.
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*Corn plantings match slowest pace on record from 1984. Corn futures rose their 40- cent daily trading limit while wheat and soybeans posted their biggest gains in weeks as the value of the dollar eroded and investors counted on easy money from the U.S. and euro zone central banks to offset the risk of a disappointing global economic recovery.
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