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Agriculture

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  • Workers during olive harvest one step before oil mill in Heraklion, Greece.

    Greek's agriculture sector was already facing a challenging 2015, but now there's fear the uncertainty could disrupt the food and wine trade.

  • CHICAGO— Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $5.8850 a bushel; September corn was 1.25 cents higher at $4.2375 a bushel; December oats were unchanged at $2.7150 a bushel; while November soybeans lost 2 cents at 10.2750 cents a bushel. August live cattle was. 48 cent higher at...

  • Sprinklers water a field of grass at a sod farm on August 8, 2014 in Lodi, California.

    Water restrictions due to the drought are hurting the once booming sod business in California.

  • *Wheat adds to more than 4 pct slide on Wednesday. PARIS/ SINGAPORE, July 2- Chicago wheat eased on Thursday to add to heavy losses in the previous session as signs of rising U.S. supply and strong export competition outweighed weather concerns. Chicago Board of Trade front-month wheat was down 0.9 percent at $5.82 a bushel by 1205 GMT.

  • South Korea turns to cheap spot crudes as glut grows Thursday, 2 Jul 2015 | 1:05 AM ET

    SEOUL, July 2- Refiners in South Korea, the world's fifth-largest crude oil importer, have stepped up spot purchases this year, buying at prices depressed by an oil glut as they run their plants at high rates to catch strong processing margins. "Refining margins are firm thanks to rising demand triggered by weak oil prices, which has supported higher throughput...

  • *U.S. soybean prices pressured by cheaper S.American supply Wheat ticks up after dropping more than 4 pct on Wednesday. Wheat edged higher as the market took a breather after dropping more than 4 percent in the previous session on worries about weak demand for U.S. supplies in the global market. Wheat rose 0.4 percent to $5.89-3/ 4 a bushel and corn added 0.1 percent...

  • SYDNEY, July 2- Chicago wheat edged up on Thursday, rebounding from losses of more than 4 percent in the previous session, as concerns over potential crop damage helped offset worries about weak demand for U.S. supplies in the world market. *Chicago Board Of Trade September wheat rose 0.17 percent to $5.89-1/ 2 a bushel by 0100 GMT. *Wheat was under pressure due to the...

  • JBS of Brazil buying Cargill pork unit for $1.45B Wednesday, 1 Jul 2015 | 6:22 PM ET

    Brazilian meat producer JBS will buy the U.S. pork division of agribusiness giant Cargill for $1.45 billion.

  • JBS of Brazil buying Cargill US pork unit for $1.45B Wednesday, 1 Jul 2015 | 5:51 PM ET

    NEW YORK— Brazilian meat producer JBS will buy the U.S. pork division of agribusiness giant Cargill for $1.45 billion, the companies said Wednesday. JBS SA reported about $21.65 billion in revenue in 2014. JBS USA Holdings owns Pilgrim's Pride, among other brands, and it entered the U.S. pork market when it bought Swift Co. in 2007.. A year ago JBS agreed to buy the...

  • *Corn turns firm late; supported by USDA stocks, acreage figures. *Wheat pressured by poor exports, harvest. "Wheat got smoked early and often as harvest pressure started the break," Charlie Sernatinger, global head of grain futures at ED&F Man Capital said in a note to clients.

  • "Both row crop markets have seemingly gone from incredibly comfortable, okay demand situations to potentially tight supply, too much demand situations over the last thirty days," Tregg Cronin, market analyst at Halo Commodity Company said in a research note. Chicago Board of Trade soft red winter wheat for September delivery was down 25-1/ 4 cents at $5.90-1/ 2 a...

  • Grain mostly lower and livestock higher Wednesday, 1 Jul 2015 | 10:53 AM ET

    CHICAGO— Grain futures were lower Wednesday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $6.1575 a bushel; September corn was 1.75 cents lower at $4.2125 a bushel; December oats were unchanged at $2.7775 a bushel; while November soybeans lost 8.25 cents at 10.29 cents a bushel. August live cattle was. 28 cent lower at...

  • *Wheat falls, short-covering coming to an end. HAMBURG/ SINGAPORE, July 1- Chicago corn and soybeans were little changed on Wednesday as the market took a breather after posting its biggest daily gain in five years on lower-than-expected U.S. stockpiles and concerns about heavy rains damaging crops. Wheat dropped more than 1 percent.

  • Federal judge rules Maui County ban on GMO crops invalid Wednesday, 1 Jul 2015 | 12:06 AM ET

    HONOLULU— A federal judge ruled Tuesday that a Maui County ban on the cultivation of genetically engineered crops is pre-empted by federal and state law and invalid. The county's ordinance creating the prohibition exceeded the county's authority, U.S. District Court Chief Judge Susan Oki Mollway said in her order. Monsanto Co. and Dow Chemical Co. unit...

  • *Wheat falls after climbing almost 19 pct in 4 sessions. Wheat also slid nearly 1 percent and soybeans 0.7 percent after posting big gains on Tuesday. "We have seen prices rally on the back of adverse weather conditions and the USDA data which was bullish relative to expectations," said Graydon Chong, senior grains analyst at Rabobank in Sydney.

  • *Chicago Board of Trade December corn fell 0.3 percent to $4.30-1/ 4 a bushel, having gained 7.3 percent the day before when prices marked $4.32-1/ 4 a bushel- their highest since Dec. 30, 2014. *The USDA forecast 88.897 million acres of corn has been planted, below trade estimates of 89.292 million acres. *The USDA pegged soybean plantings at 85.139 million acres, ahead...

  • HONOLULU— A federal judge ruled Tuesday that a Maui County ban on the cultivation of genetically engineered crops is pre-empted by federal and state law and invalid. The county's ordinance creating the prohibition exceeded the county's authority, U.S. District Court Chief Judge Susan Oki Mollway said in her order. Monsanto Co. and Dow Chemical Co. unit...

  • CHICAGO, June 30- U.S. grain and soybean futures on Tuesday climbed to their highest prices since December after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. U.S. corn and soybean stocks as of June 1 were up from a year ago, after record-large harvests last year, but below market forecasts due to...

  • US opening market to Argentina, Brazil beef imports Tuesday, 30 Jun 2015 | 2:43 PM ET

    BUENOS AIRES, Argentina— Argentina and Brazil are greeting news that they will soon be able to export fresh beef into the United States after a longtime ban. Exports of fresh beef from Argentina to the three North American countries could be worth about $280 million, said Economy Minister Axel Kicillof. The U.S. Department of Agriculture's Animal and Plant...

  • WILLIAMS, Ore.— On the third Thursday of each month, veteran medical marijuana growers and hopeful newbies gather in the old Williams Grange hall in a small rural Oregon valley long known for growing some of the best cannabis on the planet. says Gina Erdmann, director of the Oregon SunGrown Growers' Guild, as she lays out materials on the sign-in table outside the...