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  • Federal help coming to bird flu epidemic   Wednesday, 6 May 2015 | 7:00 AM ET
    Federal help coming to bird flu epidemic

    Government money's coming to help compensate farmers feeling the bird flu pinch.

  • COLBY, Kansas, May 5- Colorado's 2015 winter wheat crop should yield 38.0 bushels per acre, an official with the Colorado Wheat Research Foundation, an industry group, said on Tuesday. Joe Westhoff of the Colorado Wheat Research Foundation forecast Colorado wheat production at 89.3 million bushels, based on harvested acreage of 2.35 million acres.

  • COLBY, Kansas, May 5- Crop scouts on the first day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the northern portion of the state at 34.3 bushels per acre, down from 34.7 bushels a year ago. Scouts on the tour, organized by the Wheat Quality Council, sampled 284 fields on Tuesday between Manhattan and Colby, Kansas.

  • *More than 24 mln birds affected by flu virus- USDA. CHICAGO, May 5- The U.S. government approved the use of an additional $330 million in emergency funds to help contain the worst avian influenza outbreak in U.S. history, as infected bird cases soared and hundreds of Minnesota poultry workers learned they would lose their jobs. Agriculture Secretary Tom Vilsack's...

  • MINNEAPOLIS— Lifelong turkey farmer Greg Langmo knew as soon as the young flock that usually clustered around him like curious little puppies turned lethargic and stopped eating that his Minnesota farm had been struck by the bird flu that has shaken the poultry industry. Part of the loss is financial: Langmo lost more than 30,000 turkeys at his farm near...

  • May 5- CoBank, the largest cooperative bank within the U.S. government-backed Farm Credit System, on Tuesday reported first-quarter net income that was flat compared with a year ago but said loan demand had risen 5 percent. Denver- based CoBank said net income for the quarter ended March 31 was $232.2 million, compared with $231.3 million in the year-ago quarter.

  • Jennie-O lays off employees because of bird flu Tuesday, 5 May 2015 | 3:38 PM ET

    Hormel Foods unit Jennie-O Turkey Store will lay off 233 workers at a Minnesota plant because of an outbreak of bird flu.

  • *Wheat nears 5- year low after Egypt bypasses U.S. supplies. Poor export demand for U.S. supplies and strong yield projections from early results of a crop tour through Kansas also pressured the market. Egypt on Tuesday said it bought Russian and Romanian wheat in its latest deal that totaled 120,000 tonnes, again bypassing U.S. offerings.

  • US approves $330M for bird flu outbreak Tuesday, 5 May 2015 | 2:04 PM ET
    Secretary of Agriculture Tom Vilsack.

    U.S. Agriculture Secretary will transfer an additional $330 M in emergency funds for the agency's handling of the bird flu outbreak.

  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • *Wheat nears 5- year low after Egypt bypasses U.S. supplies. Corn futures also sank, with the most active July contract hitting its lowest in seven months following a government report that showed U.S. farmers were ahead of schedule in their planting. Chicago Board of Trade soft red winter wheat for July delivery was down 11 cents at $4.61-3/ 4 a bushel at 11:18 a.m....

  • MOSCOW, May 5- Russia's Agriculture Ministry has proposed lifting a duty levied on wheat exports from May 15 and for the government to set a new tax formula from July 1, the ministry said on Tuesday. "The Agriculture Ministry is offering to cancel the grain export duty from May 15... the proposal has been agreed with other departments and submitted to the Justice...

  • Grain mixed, livestock higher Tuesday, 5 May 2015 | 10:47 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $4.7275 a bushel; July corn was 3.25 cents lower at $3.58 a bushel; July oats were unchanged at $2.32 a bushel; while July soybeans gained 2.25 cents to 9.7850 a bushel. June live cattle was. 68 cent higher at $1.5140 a pound; August feeder...

  • CHICAGO, May 5- U.S. agribusiness Archer Daniels Midland Co on Tuesday reported higher-than-expected quarterly profit on strong oilseed crushing margins and robust global demand for soybean meal. Chicago- based ADM's first-quarter net profit rose to $493 million, or 77 cents per share, from $267 million, or 40 cents per share, a year earlier.

  • ADM 1Q profit rises on agriculture, oilseeds gains Tuesday, 5 May 2015 | 7:12 AM ET

    DECATUR, Ill.— Archer Daniels Midland Co. said Tuesday its net income climbed in the first quarter on better results from its agricultural services and oilseeds businesses and the flavors business it bought in 2014.. Archer Daniels Midland processes corn and wheat and makes agricultural products like vegetable oil, ethanol and ingredients used in packaged...

  • *India to see sixth straight year of sugar surplus in 2015/ 16. AHMEDNAGAR, India, May 5- It is a Catch-22 for Nandkumar Patil, one of the millions of sugar cane farmers in India. With farmers like Patil staying put on cane fields, India is seen producing excess sugar in 2015/ 16. A sixth annual surplus, the longest such stretch ever, will allow the world's No.2 sugar...

  • CHICAGO, May 5- The largest-ever U.S. outbreak of avian influenza, which has devastated Midwestern poultry and egg producers in recent weeks, could be felt at Thanksgiving tables across the nation come November, farmers and some trade groups say. The virulent H5N2 strain has already spread to 14 states and led to the deaths or scheduled euthanizations of more...

  • Workers carry baskets of hand-picked tea leaves at the Makaibari Tea Estate in Kurseong, West Bengal, India.

    Unrest is brewing among Assam's so-called Tea Tribes as changing weather patterns upset the economics of the industry.

  • Seedings in the top corn state of Iowa jumped 54 points last week, rose 38 points in Illinois and 45 points in Minnesota. "Over one-half of Iowa's corn acreage was planted last week, the largest percentage planted during this week in over 20 years," the Iowa crop report said. "Farmers in central Iowa led the way with 80 percent of their corn crop planted."

  • *Corn falls for third day on fast planting pace. "I've heard some talk that China has an increased appetite for oil, said Bill Gentry, broker at Risk Management Associates." Corn was anchored by expectations that a U.S. Department of Agriculture report on Monday afternoon will show that farmers seeded huge chunks of their acreage in the past week.