BOSTON— Whether it's pinot noir, merlot, chardonnay or cabernet sauvignon, wine lovers in Massachusetts will soon be able to have some of their favorite bottles shipped straight from the vineyards to their homes. Out-of-state domestic producers would initially pay $300 for a direct shipper's license, with a $150 renewal fee each subsequent year.» Read More
FARGO, N.D.— The U.S. Department of Agriculture is expecting a North Dakota spring wheat crop that's 13 percent larger than last year. The USDA's National Agricultural Statistics Service says the state's crop is forecast at 267 million bushels with an average yield of 46 bushels per acre, down a half bushel from 2013..
WICHITA, Kan.— Kansas farmers wrapping up this year's winter wheat harvest probably don't need another government report to tell them this isn't a good year, but the forecast released Friday by the Agriculture Department paints an even heavier toll from a widespread drought than previously thought.
*USDA pegs old-crop U.S. corn, soy stocks above estimates. And the USDA, in a monthly report, raised its forecast for the soybean harvest by 4.5 percent to 3.8 billion bushels. The USDA raised its outlook for U.S. corn inventories at the end of August by 8 percent from June to 1.246 billion bushels, topping analysts' estimates for 1.232 billion.
June was uncommonly wet in portions of Iowa, Minnesota, Nebraska, South Dakota, and Tennessee, with areas of those states reporting more than 12 inches of precipitation for the month.
WASHINGTON, July 11- The United States government forecast on Friday abundant U.S. and world grain, soybean and cotton supplies in the coming year, consistent with the recent steep decline in prices. Corn also fell to the lowest on an active-month basis since August 2010 before finding support near the $4 per bushel level and turning slightly higher.
WASHINGTON, July 11- The United States government on Friday forecast abundant U.S. and world grain, soybean and cotton supplies in the coming year, consistent with the recent steep decline in prices. Corn was down about 0.7 percent, but on an active-month basis corn futures are at their lowest since August 2010.
WASHINGTON, July 11- The U.S. Department of Agriculture on Friday signaled abundant U.S. and world grain and soybean supplies in the coming year, a trend anticipated in futures markets for weeks by rapidly falling prices.
*Global agricultural production and consumption to rise. ROME, July 11- World food output is on track to meet the needs of a growing population after a decade punctuated by supply concerns, the OECD and U.N. food agency said on Friday.
*Corn falls for ninth session on bumper production outlook. *USDA seen lifting supply estimates in reports at 1600 GMT. Chicago Board of Trade December corn futures slumped 2-1/ 2 cents to $3.90-1/ 4 a bushel by 9:45 a.m. CDT, after setting a contract low of $3.89-1/ 4.
CHICAGO— Grain futures were lower Friday on the Chicago Board of Trade. Wheat for Sept delivery fell 22.50 cents to $5.26 a bushel; Sept corn was 8 cents lower at 3.7825 a bushel; Dec oats were 4.75 cents lower at $3.2650 a bushel; while Nov soybeans declined 18 cents to $10.75 a bushel.
ROME, July 11- The outlook for world food inflation looks lower and more stable as agricultural commodity prices settle over the next decade following years of volatility, the U.N.' s Food and Agriculture Organization and the OECD said on Friday.
Asian stock markets weak amid new Europe jitters after problems at Portugal bank Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company AP Interview: Dubai airport boss aims to keep pace with rapid growth in flight toward top rung Fears over fate of major Portuguese financial group reignite euro market tensions Gov.
Asian stocks weak amid new Europe jitters Aereo presses case despite Supreme Court setback Dubai airport soars in rankings of world's busiest Portuguese bank fears rekindle euro market tension Gov.
SEOUL, July 11- South Korea has no choice but to scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of tariffs, a senior government official said on Friday.
Asian stock markets weak amid new Europe jitters after problems at Portugal bank Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Fears over fate of major Portuguese financial group reignite euro market tensions Gov.
Corn and wheat have fallen more than 5 percent this week, while soybeans have lost nearly 4 percent amid market expectations that the U.S. Department of Agriculture will raise its estimates for production and stockpiles.
Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company Fears over fate of major Portuguese financial group reignite euro market tensions Gov.
LISBON, Portugal— The specter of Europe's financial crisis is back to haunt investors. The tensions center on Espirito Santo International, a holding company that is the largest shareholder in a group of Espirito Santo family companies, including the parent of Portugal's largest bank, Banco Espirito Santo.
Fears over fate of major Portuguese financial group reignite euro market tensions Portugal bank worries rattle Wall Street; investors move into bonds, gold Federal judge orders IRS to explain emails lost by key official in tea party investigation Mayor: Atlantic City shift from gambling to other attractions will be painful but do-able Fed No. 2 Fischer says regulators must keep working to end' too big to fail;' avert new crisis Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company FTC sues Amazon over children's unauthorized in-app charges Ag industry seeks to create right to farm for legal protection against animal-welfare groups WellPoint CEO: Insurer rides growing technology wave, preps reluctant health care shoppers Crude oil price gains for first time in 2 weeks, but analysts don't rule out more declines
Federal judge orders IRS to explain lost emails US stocks slide over European banking worries Mayor: Atlantic City shift from gambling painful Fed No. 2 Fischer says care needed to avert crisis Aereo presses case despite Supreme Court setback Portuguese bank fears rekindle euro market tension FTC sues Amazon over kids' app charges Agriculture industry seeks to create right to farm WellPoint CEO: Insurer readies for technology wave Oil rises for first time in 2 weeks, near $103