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Agriculture

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  • *Wheat stable after two-day gains of over 7 pct. HAMBURG/ SINGAPORE, June 3- Chicago wheat, corn and soybeans were little changed on Wednesday as renewed dollar strength took the steam out of a rally driven by the greenback's weakness and concern about weather damage to U.S. crops. Chicago Board of Trade July wheat was up a marginal 0.05 percent at $5.12-3/ 4 per bushel...

  • Modi's income insurance idea may not win over farmers Wednesday, 3 Jun 2015 | 12:37 AM ET
    Indian farmers collect bundles of wheat during a harvest at a farm.

    India Prime Minister Modi plans to provide millions of farmers with income insurance tied to crop prices, but it may not ease rural distress much.

  • JARDIN, Colombia, June 3- As Colombia cheers a return to its biggest coffee harvest in eight years after beating off a disease epidemic, farmers are running into a potentially more serious problem: a shortage of workers to gather swelling volumes of arabica beans. I think we're approaching the ceiling, "said Marcelo Salazar, head of the central Caldas branch of the...

  • *Wheat makes two-day gains of 7.4 pct on Monday-Tuesday. *Corn also hits one-week high. Wheat for July delivery on the Chicago Board of Trade was up 0.2 percent at $5.13-3/ 4 per bushel by 0254 GMT, after hitting a session high of $5.14-1/ 2.

  • GRAINS-Wheat extends gains to one-week high Tuesday, 2 Jun 2015 | 9:15 PM ET

    SINGAPORE, June 3- U.S. wheat futures hit a one-week high on Wednesday, stretching gains after climbing nearly 4 percent in the previous session in a rally spurred by the dollar's slide. *Wheat for July delivery on the Chicago Board of Trade was up 0.4 percent at $5.14-1/ 2 per bushel by 0033 GMT, its highest since May 26. *The U.S. Department of Agriculture rated 44...

  • The virus that has led to the deaths of more than 44 million chickens and turkeys in the Midwest hasn't been found so far in Ohio, but state officials said banning all poultry shows is a needed step to protect Ohio's $2.3 billion poultry industry. "This was a difficult decision because it means young people can't show their birds at fairs, but it's in the best...

  • Grain higher, livestock mixed Tuesday, 2 Jun 2015 | 10:54 AM ET

    CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery gained 4 cents to $4.9775 a bushel; July corn was 4.75 cents higher at $3.57 a bushel; July oats were unchanged at $2.4450 a bushel; while July soybeans rose 12.50 cents to 9.3850 a bushel. August live cattle was. 15 cent lower at $1.52 a pound; August feeder...

  • WARSAW, Poland— Polish authorities say they will cull about 5,800 pigs to prevent the spread of African swine fever. Veterinarians are checking 274 pig farms in eastern Poland, near the border with Lithuania and Belarus, for compliance with sanitary requirements to prevent the spread of the disease. In January 2014, Russia banned EU pork imports following four...

  • California farmers plan to avoid water-sucking crops Tuesday, 2 Jun 2015 | 3:34 AM ET

    SACRAMENTO, Calif.— Moving to meet voluntary water conservation targets, dozens of farmers in the Sacramento-San Joaquin River Delta have submitted plans to the state saying they intend to plant less thirsty crops and leave some fields unplanted amid the relentless California drought, officials said. California cities and businesses have also been ordered...

  • June 2- Kraft Foods Group Inc and Mondelez International Inc petitioned a judge to dismiss two counts in a case filed by the U.S. Commodity Futures Trading Commission that alleged the companies manipulated wheat prices. The CFTC in April accused Kraft Foods and Mondelez of making massive bets in Chicago's futures markets in late 2011 as part of a plot to drive...

  • WINNIPEG, Manitoba, June 1- Global Grain Group, which is taking control of grain handler CWB, has agreed to acquire a long-term lease at Port Metro Vancouver, paving the way for the first new grain terminal in nearly 50 years at Canada's busiest port, according to a source familiar with the matter. The high-efficiency grain terminal would cost roughly C $500 million...

  • FRESNO, Calif.— Dozens of farmers in the Sacramento-San Joaquin River Delta submitted plans Monday to the state saying they intend to plant less thirsty crops and leave some fields unplanted to meet voluntary water conservation targets amid the relentless California drought, officials said. At least 120 farmers in the delta east of San Francisco had filed...

  • New California water rules fall short: Scientists Monday, 1 Jun 2015 | 4:34 PM ET
    The remnants of a marina are seen at the New Melones Lake reservoir east of Stockton, California, which is now at less than 20 percent capacity.

    California's new urban water use rules go into effect Monday, but the state must do more to prepare for the "new normal," a group of scientists say.

  • Don Young, R- Alaska, would remove a 10- year timeframe for rebuilding depleted fish stocks and allow fisheries managers to consider the economic needs of fishing communities in setting annual catch limits. Rob Bishop, R- Utah, chairman of the House Natural Resources Committee, called the vote "a win for the consumer, a win for the industry that puts food on our tables...

  • Matt Zeller, director of market information at INTL FCStone said in a note to clients. Chicago Board of Trade soft red winter wheat for July delivery settled up 16-3/ 4 cents at $4.93-3/ 4 a bushel. K.C. July hard red winter wheat futures were 15-1/ 2 cents higher at $5.14-1/ 4 a bushel and MGEX July spring wheat was 17-1/ 4 cents higher at $5.48 a bushel.

  • June 1- Foster Farms, one of the top U.S. chicken producers, plans to largely eliminate antibiotics used to treat humans from its poultry production, it said on Monday. The move brings California- based Foster Farms in line with other top chicken producers, including market leader Tyson Foods Inc, that are backing away from using the drugs over concerns about...

  • Grain mixed, livestock higher Monday, 1 Jun 2015 | 10:51 AM ET

    CHICAGO— Grain futures were mixed Monday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $4.77 a bushel; July corn was 1.50 cents higher at $3.53 a bushel; July oats were unchanged at $2.34 a bushel; while July soybeans lost 2 cents to 9.32 a bushel. August live cattle was. 08 cents higher at $1.5135 a pound; August feeder cattle...

  • *Electronic transactions cut deal completion times to hours. LONDON, June 1- Commodity traders and banks are breaking with centuries of paper trails to embrace electronic trade finance, helping to speed up deals and increase transparency. "The industry is remarkably outdated in terms of the speed to which it adapts to technologies," said Matt Shellabear, who...

  • Could virus make the leap from birds to people? Saturday, 30 May 2015 | 12:02 PM ET
    Lacey Kurth, a research associate, works with avian influenza test samples during testing in the real-time analytical diagnostics lab at the Iowa State University College of Veterinary Medicine in Ames, Iowa.

    There have only been four flu pandemics since the start of the 20th century, yet concerns are widening about the potential for a new outbreak.

  • Agribusiness nervous as WHO analyzes pesticide Friday, 29 May 2015 | 6:34 PM ET
    2.4-D weed killer to be reviewed for link to Cancer at the WHO's International Agency for Research on Cancer (IARC) meeting in June.

    The WHO's analysis of pesticide 2,4-D comes after the group classified another herbicide as "probably" cancer-causing.