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Agriculture

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  • *New-crop corn hits $4 a bushel, soybeans $10. Corn and soybeans also rose but pared gains as farmers took advantage of the rally and sold supplies of both commodities. Corn rose 9 percent, the most since July 2012, during a historic U.S. drought.

  • Some of the 12 nations taking part in negotiations on a Trans-Pacific Partnership want Canada to start dismantling a system known as supply management, which protects dairy, egg and chicken producers. Harper said on Thursday that Canada must join TPP but it would also work to protect supply management, a system that New Zealand's trade minister says belongs in...

  • *New-crop corn hits $4 a bushel, soybeans $10. Corn and soybean futures advanced but pared gains as farmers took advantage of the rally and sold supplies of both commodities. At the Chicago Board of Trade as of 11:40 a.m. CDT, July wheat was up 31 cents at $5.63 per bushel after reaching $5.66, the highest spot price since Jan. 13.

  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn refiners have publicly taken the...

  • Grain higher and livestock mixed Friday, 26 Jun 2015 | 10:59 AM ET

    CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $5.38 a bushel; September corn was 7 cents higher at $3.8975 a bushel; December oats were unchanged at $2.7075 a bushel; while November soybeans were 12.25 cents higher at 9.90 a bushel. August live cattle was. 18 cent higher at...

  • *Wheat up as rain could impede U.S. harvest. Wheat rose on fears that storms could prevent the U.S. crop being gathered just as thousands of harvesters are rolling onto fields. Chicago Board of Trade July corn was up 1.06 percent at $3.80-1/ 4 a bushel at 0951 GMT after touching a session peak of $3.80-3/ 4, the highest since April 23.

  • *K+ S shares leap 39 pct to over 40 euros. FRANKFURT, June 26- Shares in German potash producer K+ S leapt as much as 39 percent to over 40 euros in early trading on Friday after the company received a takeover proposal from larger Canadian fertilizer producer Potash Corp.. The sources said the proposal valued K+ S at just over 40 euros a share, a 38 percent premium to...

  • K+S shares spike after takeover offer from Potash Friday, 26 Jun 2015 | 3:09 AM ET

    FRANKFURT, June 26- Shares in German potash producer K+ S leapt 38 percent to 40 euros in early trading on Friday after the company received a takeover proposal from larger Canadian fertilizer producer Potash Corp.. Two sources close to the matter however, said late on Thursday that K+ S would likely reject the 7 billion euro takeover offer as being too low.

  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn farmers have publicly taken the...

  • SINGAPORE, June 26- Surprisingly strong rains in an El Nino year, typically marked by droughts in parts of Asia, have eased concerns of a lower crop output in the region. While the forecast is for an equally severe dryness this year, recent rains have buoyed farming in India, China and Australia. "Indian monsoon is on track, in fact it has been better than expected, and we...

  • June 25- German potash producer K+ S said on Thursday it has received a takeover proposal from larger Canadian rival Potash Corp of Saskatchewan Inc, starting a new takeover saga in the fertilizer industry. Potash Corp would not comment. In 2010, Potash Corp itself was the target of a $39 billion hostile bid from global mining giant BHP Billiton.

  • Grain higher, livestock mixed Thursday, 25 Jun 2015 | 10:55 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for September delivery was unchanged at $5.2325 a bushel; September corn was 2.50 cents higher at $3.74 a bushel; December oats were unchanged at $2.69 a bushel; while November soybeans were 16.50 cents higher at 9.7250 a bushel. August live cattle was 1.97 cents...

  • This satellite may change farming forever Thursday, 25 Jun 2015 | 1:34 AM ET
    Sentinel-2A at IABG’s facilities in Ottobrunn, Germany in February 2015, before being packed up and shipped to French Guiana for launch.

    Europe’s multi-billion dollar earth-monitoring program could be a game changer for food production, experts say.

  • June 24- Monsanto Co's efforts to expand its agrichemical interests beyond what has long been its bread-and-butter glyphosate herbicide business were underscored on Wednesday by news the company plans to invest potentially more than $1 billion in a production facility for an alternative herbicide. Monsanto officials expect to spend the money over the...

  • USDA head: California drought has silver lining Wednesday, 24 Jun 2015 | 1:13 PM ET
    A pipe emerges from dried and cracked earth that used to be the bottom of the Almaden Reservoir in San Jose, California.

    As the USDA invests $150 million in relief of California, Tom Vilsack said there may be a silver lining to the situation.

  • Farming with 95% less water—in Newark, New Jersey Wednesday, 24 Jun 2015 | 12:41 PM ET
    Vertical farming at AeroFarms.

    Using 95% less water and half the fertilizer of traditional farming, vertical farms bring sustainable produce to cities.

  • June 24- Monsanto Co, the world's largest seed company, said on Wednesday that it would still pursue an acquisition of Swiss rival Syngenta AG, which has rebuffed talks about its $45 billion offer, even as it warned of market challenges. Executives at Monsanto, which also reported a higher-than-expected quarterly profit, said they hoped for a friendly deal to...

  • $150 million California drought investment Wednesday, 24 Jun 2015 | 10:21 AM ET
    $150 million California drought investment

    Former Iowa Gov. and U.S. Agriculture Secretary Tom Vilsack, (D), discusses efforts to preserve water resources in California.

  • June 24- Monsanto Co, the world's largest seed company, reported a better-than-expected profit for the third quarter on Wednesday but warned of market challenges ahead, and said it continues to pursue the acquisition of Swiss rival Syngenta AG. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as its popular Roundup...

  • June 24- Monsanto Co, the world's largest seed company, reported a better-than-expected profit for the third quarter on Wednesday, and said it continues to pursue the acquisition of Swiss rival Syngenta AG. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as its popular Roundup herbicide, said for the quarter it made $1.14...