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Agriculture

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  • WASHINGTON, Dec 16- A White House task force on Tuesday issued proposals to tighten the grip on the illegal global seafood trade, which the group said causes billions of dollars in losses to the legal fishing industry annually. Under the plan, the United States would create a program to trace seafood entering its ports from the source to the shelves, to prevent...

  • CHICAGO, Dec 16- Chinese authorities have informed some agriculture industry officials that the government has approved U.S. imports of a type of genetically modified corn that has sparked lawsuits against seed maker Syngenta AG, according to reports from Agri-Pulse and Bloomberg. Syngenta will make an announcement about Chinese government approval of...

  • Grain mixed, livestock lower Tuesday, 16 Dec 2014 | 10:59 AM ET

    CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $6.19 a bushel; Mar corn was 2.50 cents lower at $4.06 a bushel; Mar oats were unchanged at $3.1375 a bushel; while Jan soybeans lost 10 cents at $10.2950 a bushel. Feb live cattle was 2.8527 cents lower at $1.5890 pound; Jan feeder cattle was...

  • Dec 16- Indian Farmers Fertilizer Cooperative, India's largest fertilizer producer, said it was suspending plans for a nitrogen fertilizer factory in Bécancour, Québec as its cost estimate exceeded C $2 billion. IFFCO and its Canadian partner La Coop fédérée, which had earlier estimated the project to cost C $1.6 billion, said they would look for partners...

  • Oil price decline is good for agriculture too!  Tuesday, 16 Dec 2014 | 5:10 AM ET

    Martin Richenhagen, CEO of AGCO, an agricultural machinery company discusses, how the falling price of oil is good for his company and how the sector must adapt to changing diets in emerging markets.

  • Grain mostly higher, livestock mostly lower Monday, 15 Dec 2014 | 11:01 AM ET

    CHICAGO— Grain futures were mixed Monday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $6.0650 a bushel; Mar corn was 2 cents higher at $4.0950 a bushel; Mar oats were unchanged at $3.1250 a bushel; while Jan soybeans lost 9.25 cents at $10.38 a bushel. Feb live cattle was. 27 cent lower at $1.6190 pound; Jan feeder cattle was 3.00...

  • Fish farming finds its way to land-locked Midwest Saturday, 13 Dec 2014 | 10:22 AM ET

    OMAHA, Neb.— The latest of five generations who have worked the same ground in northeastern Nebraska, 52- year-old Scott Garwood, isn't growing corn or cattle— it's fish. And such tank systems can be placed almost anywhere— from Minnesota to Florida— because temperature and water quality can be controlled. Globally, aquaculture supplies more than 50 percent of all...

  • CHICAGO, Dec 12- Syngenta AG expects to win Chinese government approval soon for imports of a type of genetically modified corn at the center of lawsuits over U.S. grain shipments rejected by Beijing, a company spokesman said on Friday. Syngenta, one of the world's largest seed companies, will make an announcement when it receives official documentation from...

  • CHICAGO, Dec 12- Syngenta AG, one of the world's largest seed companies, expects to win Chinese government approval "in the near future" for imports of a genetically modified corn that has been rejected by Beijing, a company spokesman said on Friday. Syngenta will make an announcement when it receives official documentation from China that Agrisure Viptera corn,...

  • Grain higher, livestock lower Friday, 12 Dec 2014 | 3:30 PM ET

    CHICAGO— Grain futures were higher Friday on the Chicago Board of Trade. Wheat for Mar delivery gained 9 cents to $6.0650 a bushel; Mar corn was up 9 cents to 4.0750 a bushel; Mar oats rose 1 cent to $3.1250 a bushel; while Jan soybeans advanced 5 cents to $10.4725 bushel. Feb live cattle was off. 40 cents to $1.6217 a pound; Jan feeder cattle was 3 cents lower at $2.2560 a...

  • BUENOS AIRES, Dec 12- Argentina's main state bank will deny credit to farmers who are holding onto soybeans as a hedge against inflation, a top official said on Friday, as the government cracks down on crop hoarding as part of a campaign to build up its dollar reserves. Argentine soy is used widely as livestock feed in Asia, fueling the region's shift toward a higher...

  • Guac fans! Stock up on avocados before prices hike Thursday, 11 Dec 2014 | 6:31 PM ET
    Avacados

    The confluence of many bad events will cause an avocado price spike and supply shortage in the coming months.

  • Grain higher, livestock lower Thursday, 11 Dec 2014 | 3:38 PM ET

    CHICAGO— Grain futures were higher Thursday on the Chicago Board of Trade. Wheat for Mar delivery gained 15.75 cents to $5.9750 a bushel; Mar corn was up 4.75 cents to 3.9850 a bushel; Mar oats rose 1.25 cents to $3.1150 a bushel; while Jan soybeans advanced 10.25 cents to $10.4225 bushel. Feb live cattle was off. 28 cents to $1.6257 a pound; Jan feeder cattle was 3 cents...

  • Avian flu spreading in southwest British Columbia Thursday, 11 Dec 2014 | 1:21 PM ET

    VANCOUVER, British Columbia— The avian influenza outbreak in southwest British Columbia's Fraser Valley has spread to seven farms, and 155,000 birds have died of the virus or will be euthanized, the Canadian Food Inspection Agency said. The outbreak began last week when turkeys and chickens at two farms in the Fraser Valley tested positive for the H5N2 strain...

  • UPDATE 1-Cargill says to go it alone on Nutreco deal Thursday, 11 Dec 2014 | 9:32 AM ET

    AMSTERDAM, Dec 11- U.S. commodities company Cargill said on Thursday it would bid alone for Dutch animal feed company Nutreco and pledged not to break up the business to try to capture the initiative from rival bidder SHV. Shares in global fish and animal feed supplier Nutreco rose more than 4 percent as investors warmed to the prospect of a bidding war.

  • Rights group opposes Thai fishing jobs for ex-cons Thursday, 11 Dec 2014 | 8:03 AM ET

    The appeal by New York- based Human Rights Watch came after Thailand's Labor Ministry announced plans last week for prisoners serving sentences of one year or less to work on fishing boats on a voluntary basis after being released. "Thailand is the third largest exporter of seafood in the world, supplying supermarkets in Europe and North America," Human Rights...

  • USDA sees higher corn, soybean demand in report Wednesday, 10 Dec 2014 | 3:09 PM ET

    Some analysts expect that the USDA may adjust the number of corn acres planted, which currently exceeds the agency's estimates by about 5 million acres. But there was no such adjustment, and Iowa State University agricultural economist Chad Hart believes the USDA will wait to do in January, if necessary. Changing the number of acres planted— which are reported on...

  • Record apple crop slightly less than estimate Wednesday, 10 Dec 2014 | 12:04 PM ET

    YAKIMA, Wash.— The 2014 apple crop came in 3 percent less than forecast but is still a record 150 million boxes, the Washington State Tree Fruit Association said in a report Tuesday on the harvest. It easily surpassed the record of 129 million boxes set in 2012, the Yakima Herald-Republic reported. The state's apple crop was worth $2.25 billion in market value in...

  • Grain lower, livestock lower Wednesday, 10 Dec 2014 | 10:56 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.8575 a bushel; Mar corn was 2.75 cents lower at $3.9250 a bushel; Dec oats were unchanged at $3.01 a bushel; while Jan soybeans lost 5.25 cents at $10.44 a bushel. Feb live cattle was 1.15 cents lower at $1.6190 pound; Jan feeder cattle...

  • Polish court overturns ban on ritual slaughter Wednesday, 10 Dec 2014 | 9:29 AM ET

    WARSAW, Poland— Poland's constitutional court on Wednesday overturned a ban on the ritual slaughter of animals which had affected the Jewish and Muslim communities. Wednesday's ruling came in reaction to a complaint lodged by Poland's Jewish community, which argued that the ban violated guarantees of religious freedom enshrined in Poland's constitution...