Soybeans were mixed, with nearby prices pressured by spread trading activity and expectations of more U.S. imports of South American beans amid weak near-term demand from China. Chicago Board of Trade May corn rose 6- cents, or 1.2 percent, to $5.02-1/ 4 a bushel by 11:07 a.m. CDT in a second straight day of gains after sinking to a three-week low on Monday.» Read More
The weather phenomenon is likely to return, possibly bringing enough water to end the severe drought in California.
NEW YORK— Unrest in Ukraine pushed up prices for corn and wheat Tuesday. Wheat rose 4 cents, or 0.6 percent, to $6.80 a bushel. Ongoing tensions between Ukraine and Russia have rattled wheat prices this year.
NEW YORK/ LONDON, April 22- ICE arabica coffee soared 8 percent on Tuesday to a more than two-year high after a major trade house cut its forecast for the 2014/ 15 Brazil crop, the latest of a string of reduced outlooks in recent months due to drought damage in the top producer.
CHICAGO— Grain futures were Mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.6825 a bushel; May corn was 3.75 cents higher at 4.9225 a bushel; May oats were unchanged at 3.9525 a bushel; while May soybeans was 6.75 cents lower at 14.92 a bushel.
ST. LOUIS— At a time most years when farmers would be in full swing of planting corn, Stanley Blunier and most other growers near his central Illinois farm still hadn't begun the annual ritual on Tuesday because fields simply are too wet or too cold to be receptive to fragile seeds.
HANOI, April 22- Prices for rice exports from Vietnam have risen 2-3 percent in the last few days as harvesting comes to an end and as two state-owned companies look set to win the Philippines' biggest order for the grain in three years.
CHICAGO, April 21- A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance.
ST. PAUL, Minn.— Snow and cold continue to put field work on ice at farms across Minnesota. In its weekly crop progress and condition report for the state, the U.S. Department of Agriculture says it received reports of limited corn planting from southwestern Minnesota last week, as well as some planting of oats, spring wheat and barley.
*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.
North Dakota could begin flying a drone next month to test how the unmanned aircraft can check soil quality and the status of crops to help farmers improve agricultural management.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
*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.
CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.9125 a bushel; May corn was 6.25 cents lower at 4.8825 a bushel; May oats were unchanged at 4.04 a bushel; while May soybeans was 26 cents lower at 14.88 a bushel.
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.
SINGAPORE, April 21- Chicago wheat fell more than 2 percent on Monday to its lowest in almost a week, while corn slid for a third consecutive session as improved U.S. weather pressured grain prices. Chicago Board of Trade wheat for May delivery slid as much as 2.2 percent to $6.76-1/ 4 a bushel, its lowest since April 15.
Frank Lavin, CEO at Export Now, discusses the issue of agriculture and auto subsidies between Japan and the U.S. amid negotiations of the Trans-pacific Partnership (TPP).
WASHINGTON— Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help fight climate change.
WAIALUA, Hawaii— You can trace the genetic makeup of most corn grown in the U.S., and in many other places around the world, to Hawaii. Kauai and Hawaii counties have moved in the past several months to regulate genetically modified organisms and the pesticides the farms use.
American consumers are up in arms about rising food prices and they will likely feel more of a financial pinch, courtesy of California's drought.
WASHINGTON, April 18- The U.S. government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.