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Agriculture

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  • Indonesia's rice-for-poor scheme to test new president Thursday, 28 Aug 2014 | 5:00 PM ET

    JAKARTA, Aug 29- Indonesia's powerful anti-graft agency will launch a probe into the nation's subsidised rice scheme unless major flaws are fixed, threatening moves to expand the role of the state food buying agency into other staples such as corn, beef and sugar.

  • Grain higher, livestock mixed Thursday, 28 Aug 2014 | 10:53 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.6225 a bushel; Dec corn was 3 cents higher at $3.68 a bushel; Dec oats were unchanged at $3.41 a bushel; while Nov soybeans gained 5.25 cents to $10.29 a bushel.

  • USDA launches new dairy insurance program Thursday, 28 Aug 2014 | 10:32 AM ET

    MILWAUKEE— Dairy farmers squeezed in recent years by low milk prices and high feed costs can begin signing up next week for a new program replacing old subsidies that didn't factor in the price of corn. The price for benchmark December corn on Thursday as $3.67, compared to about $5.90 two years ago. Patrick Leahy, D- Vermont, warned farmers not to be complacent.

  • Traders are bracing for the start of the autumn harvest in the Midwest in the coming weeks, with growers in Louisiana and Mississippi already bringing in crops with high yields.

  • Grain mostly lower, beef lower and pork higher Wednesday, 27 Aug 2014 | 11:03 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5650 a bushel; Dec corn was 1.75 cents lower at $3.6325 a bushel; Dec oats were unchanged at $3.4475 a bushel; while Nov soybeans loss 3.75 cents to $10.2425 a bushel.

  • *Corn around 2- wk low on hopes of record U.S. production. Corn fell to levels near Tuesday's two-week low as the expected record-large U.S. crop thrives in favourable weather. Corn fell 0.4 percent to $3.63-1/ 2 a bushel, not far from last session's two-week low of $3.61-3/ 4 a bushel.

  • Workers approve Northwest grain contract Tuesday, 26 Aug 2014 | 12:45 PM ET

    The International Longshore and Warehouse Union said 88 percent of its members voted to ratify a contract running through May 2018. Louis Dreyfus Commodities, United Grain and Columbia Grain operate grain terminals in Portland, Seattle and Vancouver, Washington.

  • PRETORIA, Aug 26- South Africa avoided slipping into recession in the second quarter as solid growth in agriculture and finance outweighed a plunge in production in the strike-hit mining sector, data showed on Tuesday.

  • Bumper crop: Farmers may be selling corn at a loss Tuesday, 26 Aug 2014 | 11:41 AM ET

    After corn prices peaked during a 2012 drought, this year's record harvest has pushed prices to lows and forced farmers to postpone purchases.

  • Grain lower, livestock higher Tuesday, 26 Aug 2014 | 11:09 AM ET

    CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5450 a bushel; Dec corn was 5.25 cents lower at $3.6225 a bushel; Dec oats were unchanged at $3.5150 a bushel; while Nov soybeans loss 7.50 cents to $10.2175 a bushel.

  • Aug 25- A group of global biotech crop companies won a court victory on Monday that blocks enactment of a law passed last year limiting the planting of biotech crops and use of pesticides on the Hawaiian island of Kauai.

  • Law on genetically modified crops ruled invalid Monday, 25 Aug 2014 | 3:24 PM ET

    HONOLULU— A Kauai County law requiring companies to disclose their use of pesticides and genetically modified crops is invalid, a federal judge ruled Monday. Magistrate Judge Barry Kurren ruled in favor of four seed companies seeking to stop Kauai's new law from going into effect in October.

  • *Corn retreats on forecast of record crop. Aug 25- Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the United States. Chicago Board of Trade new crop December corn fell 1.3 percent or 4-3/ 4 cents to $3.66-3/ 4 a bushel by 9:36 a.m. CDT.

  • Grain lower, beef and pork higher Monday, 25 Aug 2014 | 10:52 AM ET

    CHICAGO— Grain futures were lower Monday on the Chicago Board of Trade. Wheat for Dec delivery fell 7.75 cents to $5.5450 a bushel; Dec corn was 4.75 cents lower at 3.6675 a bushel; Dec oats were down 3.75 cents to $3.5150 a bushel; while Nov soybeans declined 12.75 cents to $10.2925 a bushel.

  • Edible insects a boon to Thailand's farmers Monday, 25 Aug 2014 | 2:35 AM ET

    THANON NANG KLARN, Thailand— Depending solely on the rains to either yield a good rice crop or leave their fields dry and barren, farmers in this village in northeastern Thailand, the country's poorest region, led a precarious and back-breaking existence.

  • De Rothschild, grande dame of wine, dies at 80 Sunday, 24 Aug 2014 | 2:34 PM ET

    PARIS— Philippine de Rothschild, an energetic and self-certain grande dame of Bordeaux wine who halted an acting career to run vineyards owned by the family dynasty, has died, her company said Sunday. She died Friday in a Paris "from the effects of a serious operation", winemaker Baron Philippe de Rothschild SA said in a statement, without specifying further.

  • Chocoholics: Your fix in Asia could get pricier Sunday, 24 Aug 2014 | 5:53 AM ET

    Asia's newly minted chocoholics are tempting sweets-makers, but challenges range from different cultural tastes to the region driving up cocoa prices.

  • Seed company sued by migrant workers in Michigan Sunday, 24 Aug 2014 | 4:02 AM ET

    CASSOPOLIS, Mich.— A major seed company is being sued by 32 migrant farm workers and seven of their children over the workers' claims that they were underpaid and experienced unsafe conditions and poor housing while removing tassels from corn in southwestern Michigan. The workers are mostly from Texas and were hired in 2012 to work in Cass County.

  • *Pro Farmer sees bigger U.S. corn crop than USDA. CHICAGO, Aug 22- Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest.

  • Grain higher, livestock mostly higher Friday, 22 Aug 2014 | 10:53 AM ET

    CHICAGO— Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5550 a bushel; Dec corn was 3.25 cents higher at $3.7225 a bushel; Dec oats were unchanged at $3.4825 a bushel; while Nov soybeans gained 4.75 cents to $10.43 a bushel.