Tensions are mounting between ranchers and farmers, and the oil and gas industry, reports CNBC's Morgan Brennan.» Read More
WINNIPEG, Manitoba, Aug 21- Canadian farmers are on course to produce less wheat and canola than expected, according to Statistics Canada's first report on the 2014 harvest. "I think the trade is going to view this report as fairly friendly," said Dave Reimann, market analyst for Cargill Ltd's grain marketing services division.
Jerry Gulke, Gulke Group, and Bob McCan, National Cattlemen's Beef Association, weigh in on how beef and corn prices are impacting the commodities market and the consumer.
CNBC's Jane Wells takes a look at what record high beef prices, a bumper corn crop, and specially-grown watermelons and pumpkins means for consumers.
*China stepping up checks on U.S. sorghum cargoes- traders. The move comes after China has already rejected more than 1 million tonnes of U.S. corn due to the presence of genetically modified strain that has not been approved by Beijing.
LOS BANOS, Calif.— California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers. The historic drought, now in its third year, is reducing supplies of California honey, raising prices for consumers and making it harder for beekeepers to earn a living.
SPENCER, Iowa, Aug 20- The Pro Farmer Midwest Crop Tour on Wednesday estimated western Iowa's corn yield at 177.48 to 180.90 bushels per acre, above tour estimate of 160.12 to 175.65 bpa last year and the three-year tour average of 146.77 to 170.72, according to data provided by the tour.
CORALVILLE, Iowa, Aug 20- The Pro Farmer Midwest Crop Tour on Wednesday projected Illinois' corn yield at a record of 196.96 bushels per acre, up from the tour average of 170.48 bpa last year and the three-year tour average of 149.36, according to data provided by the tour.
SAO PAULO, Aug 20- Thrust by tragedy into the center of Brazil's presidential race, environmentalist Marina Silva is riding a groundswell of anti-establishment anger but her chances hinge on expanding her coalition and winning over mainstream voters and business leaders.
BRASILIA, Aug 20- Environmentalist Marina Silva officially launched a bid for president on Wednesday, upending Brazil's October elections and threatening the ruling Workers' Party's 12- year hold on power.
Aug 20- Brazilian presidential candidate Marina Silva has little experience with economic policy, but her advisers promise a more orthodox, business-friendly approach than leftist President Dilma Rousseff has taken.
Earlier this month, Russia banned all meat, fish, dairy, fruit and vegetable imports from the United States, the European Union, Norway, Canada, and Australia for one year to retaliate again sanctions slapped on Moscow over the Ukraine crisis.
CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5850 a bushel; Dec corn was 5.75 cents lower at $3.6650 a bushel; Dec oats were unchanged at $3.3975 a bushel; while Nov soybeans loss 8.25 cents to $10.4450 a bushel.
PRO FARMER MIDWEST CROP TOUR ESTIMATES NEBRASKA AVERAGE SOYBEAN POD COUNT AT 1,103.26 PODS IN 3- BY-3 FOOT AREA, DOWN FROM 1,138.94 LAST YEAR AND THE THREE-YEAR TOUR AVERAGE OF 1,106.62 PODS.
PRO FARMER MIDWEST CROP TOUR ESTIMATES NEBRASKA CORN YIELD AT 163.77 BUSHELS PER ACRE, UP FROM TOUR ESTIMATE OF 154.93 BPA LAST YEAR AND THE THREE-YEAR TOUR AVERAGE OF 146.81.
Panasonic Corp, Fujitsu Ltd and others, seeking niche business opportunities to offset a downturn in demand for their consumer electronics, are touting automated greenhouses and sensor-controlled fields that ensure constant conditions to produce high-quality vegetables all year-round.
CHICAGO, Aug 19- U.S. wheat futures advanced on Tuesday on concerns about reduced supplies from Ukraine, a major exporter, while new-crop soybeans slipped as a widely watched crop tour projected bumper U.S. harvests. Concerns that Ukraine may possibly scale back exports helped fuel gains, said Jerry Gidel, chief feed grain analyst for Rice Dairy in Chicago.
*Soy eases after USDA shows 71 pct crop good-to-excellent. CHICAGO, Aug 19- U.S. corn and soy futures slipped on Tuesday as a widely watched crop tour projected bumper U.S. harvests and traders expected more reports of robust crops, while wheat jumped on concerns about reduced supplies from Ukraine.
RICHMOND, Va.— Riding a wave of growth and popularity of the state's aquaculture, Virginia officials on Tuesday announced the creation of the Virginia Oyster Trail to connect travelers to the state's oyster industry.
CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5425 a bushel; Dec corn was 2 cents lower at $3.6950 a bushel; Dec oats were unchanged at $3.39 a bushel; while Nov soybeans loss 9.25 cents to $10.4850 a bushel.
MOSCOW, Aug 19- Ukraine, one of the world's largest grain exporters, will lose 15 percent of its grain crop in the violence-hit regions of the country's east, a spokesman for Ukrainian Prime Minister Arseny Yatseniuk said.