GO
Loading...

Agriculture

More

  • Deere to lay off more than 1,000 in Iowa, Illinois Friday, 23 Jan 2015 | 11:24 AM ET
    John Deere tractors sits on display at Klein Equipment, a John Deere dealership, in Galesburg, Ill., Feb. 12, 2013.

    Deere will lay off about 910 workers from factories mostly in Iowa and sideline another 500 in Illinois until late summer.

  • Grain mixed, livestock lower Friday, 23 Jan 2015 | 10:58 AM ET

    CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.3375 a bushel; Mar corn was 2.50 cents higher at $3.8625 a bushel; Mar oats were unchanged at $2.91 a bushel; while Mar soybeans lost 4 cents to $9.7275 a bushel. Apr live cattle was 2.80 cents lower at $1.4900 a pound; Mar feeder cattle was...

  • Deere will lay off about 910 workers indefinitely from factories mostly in Iowa and sideline another 500 employees in Illinois until late summer, as the agricultural equipment maker continues its adjustment to demand for its products. The Moline, Illinois, company also said Friday that it is adding 220 jobs at construction and forestry factories in Iowa.

  • UPDATE 1-Agrium shares rise on dividend, buy-back news Thursday, 22 Jan 2015 | 12:59 PM ET

    Jan 22- Canadian fertilizer and farm retail dealer Agrium Inc said it would pay out a larger percentage of its free cash flow as dividends and buy back up to 5 percent of its shares, driving its stock up as much as 5.6 percent. Agrium said it would pay out 40-50 percent of its free cash flow as dividends, up from its earlier target of 25-35 percent. Agrium, which mines...

  • Grain mostly lower , livestock higher Thursday, 22 Jan 2015 | 10:53 AM ET

    CHICAGO— Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 1.25 cents higher at $5.38 a bushel; Mar corn was 2.50 cents lower at $3.8550 a bushel; Mar oats were unchanged at $2.90725 a bushel; while Mar soybeans lost 1.50 cents to $9.82 a bushel. Apr live cattle was. 93 cents higher at $1.5280 a pound; Mar...

  • As a group of World Trade Organization members prepares to meet in the Swiss resort of Davos to discuss the 2015 agenda, Froman called for "soul-searching" about the next steps for the 20- year-old institution, which late last year clinched the first global deal in its history. In an opinion piece to be published on Reuters, Froman said success in cutting customs...

  • New govt standards target pathogens in poultry products Wednesday, 21 Jan 2015 | 1:01 PM ET

    The proposed standards announced Wednesday by the Agriculture Department apply to the most popular poultry products— chicken breasts, legs and wings, and ground chicken and turkey. The Agriculture Department says the standards could eventually reduce salmonella and campylobacter illnesses linked to raw poultry by about a quarter, or 50,000 illnesses a...

  • NEW YORK— Bacteria have been modified so that they die if they get out of human control, a potential step toward better management of genetically engineered organisms— perhaps including crops, researchers say. Scientists from Harvard and Yale introduce the new approach in two papers released Wednesday by the journal Nature. In an interview and a press...

  • Grain mixed, livestock lower Wednesday, 21 Jan 2015 | 11:07 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 5.50 cents higher at $5.4250 a bushel; Mar corn was 3 cents lower at $3.8725 a bushel; Mar oats were unchanged at $2.9025 a bushel; while Mar soybeans gained 4.50 cents to $9.8650 a bushel. Apr live cattle was. 47 cents lower at $1.5060 a pound; Mar feeder...

  • DES MOINES, Iowa— A group representing farmers said Tuesday that it's calling on the state to toughen oversight and penalties related to pesticide use. The Iowa Farmers Union said members have petitioned the state to change rules governing pesticide drifting through the air. A spokesman for the state Department of Agriculture said officials would meet with...

  • Grain mostly higher, livestock lower Tuesday, 20 Jan 2015 | 10:54 AM ET

    CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at 5.3275 a bushel; Mar corn was 3.50 cents lower at $3.8350 a bushel; Mar oats were unchanged at $2.8875 a bushel; while Mar soybeans lost 16.25 cents to $9.7550 a bushel. Apr live cattle was 1.95 cents lower at $1.5100 a pound; Mar feeder...

  • *Itochu and CP Group to take 20 pct stake in Citic. TOKYO/ HONG KONG, Jan 20- Japanese trading house Itochu Corp and Thailand's Charoen Pokphand Group said on Tuesday that they plan to jointly invest $10 billion in Citic Ltd, part of China's oldest and biggest conglomerate. Itochu and CP Group plan to take a joint stake of 20 percent in Citic Ltd, increasing their...

  • *Slower slaughter rate could boost Australia cattle prices. A slower slaughter rate could boost Australian cattle prices to record highs and ramp up costs for key consumers such as the United States, which is battling tight supply at home, while forcing others such as China to opt for Brazilian beef. But it will also ease concerns about long-term global...

  • TOKYO, Jan 20- Japanese trading house Itochu Corp and Thailand's Charoen Pokphand Group said on Tuesday that they plan to jointly invest $10 billion in Citic Group, China's oldest and biggest conglomerate. Itochu and CP Group plan to contribute evenly to the investment, taking a joint stake of as much as 20 percent, as both seek to raise their exposure to the...

  • California raisin case headed to Supreme Court Friday, 16 Jan 2015 | 5:46 PM ET
    Workers measure out raisins into 5lb bags at the Raisin Valley Farms Raisin coop in Kerman, CA.

    The Supreme Court is taking up an appeal from California raisin producers who object to a government program regulating the market.

  • SPRINGFIELD, Ill.— Illinois' new Republican governor followed through on a campaign pledge Friday to replace the director of the Department of Agriculture, a former state lawmaker whom he'd criticized for not being a farmer. Bruce Rauner's office announced that former Illinois Farm Bureau president Philip Nelson of Seneca would be replacing outgoing...

  • County Bancorp Inc. shares rose, while Patriot National Inc. fell. It raised about $18.6 million after offering 1.18 million shares at $15.75 per share. The stock is being traded on the Nasdaq stock exchange under the symbol "ICBK."

  • BUENOS AIRES, Jan 16- The company that led the breakneck expansion of Argentine soy cultivation over the last two decades has quietly reduced the area it farms by more than half as inflation, trade restrictions and high taxes drain growers' profits. Los Grobo, once known as the South American country's "King of Soy" has abdicated that throne in favor of what company...

  • Grain mostly higher, livestock mostly lower Friday, 16 Jan 2015 | 10:52 AM ET

    CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at 5.3275 a bushel; Mar corn was 1.50 cents higher at $3.8150 a bushel; Mar oats were unchanged at $2.8175 a bushel; while Mar soybeans lost 4.50 cents to $9.8650 a bushel. Feb live cattle was. 37 cent higher at $1.5457 a pound; Mar feeder cattle...

  • SEATTLE— Washington's legal marijuana market opened last summer to a dearth of weed. A big harvest of sun-grown marijuana from eastern Washington last fall flooded the market. "It's an economic nightmare," says Andrew Seitz, general manager at Dutch Brothers Farms in Seattle.