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  • Brazil approves new pesticide to combat coffee beetle Friday, 18 Jul 2014 | 11:32 AM ET

    SAO PAULO, July 18- Brazil's government approved the use of pesticides with the active ingredient cyantraniliprole to fight the coffee borer beetle, a note published in the country's Official Gazette said on Friday.

  • California drought: Ground water 'saved our bacon' Friday, 18 Jul 2014 | 11:18 AM ET
    Grapevines in Healdsburg, Calif., soak up ground water as Northern California’s Wine Country prepares for the 2014 harvest.

    The drought in California will cost $2.2 billion in 2014, says a new report. Dwindling ground water is keeping food prices low, but not for long.

  • Grain mostly lower, beef mostly higher, pork mixed Friday, 18 Jul 2014 | 10:56 AM ET

    CHICAGO— Grain futures were lower Friday on the Chicago Board of Trade. Wheat for Sept delivery was 18.50 cents lower at $5.3225 a bushel; Sept corn was 8.25 cents lower at 3.7125 a bushel; Dec oats were 7 cents lower at $3.2525 a bushel; while Nov soybeans were 8.75 cents lower at $10.8525 a bushel.

  • SEOUL, July 18- South Korea will scrap caps on rice imports from 2015, potentially opening up the politically sensitive market to more imports from countries such as the United States and China, in a move that has been fiercely resisted by many farmers. Seoul said steep tariffs would be used to protect its farmers.

  • *South Korea has long been expected to switch to tariffs. SEOUL, July 18- South Korea will scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of steep tariffs, the government said on Friday.

  • POWRANNA, Australia, July 18- Thousands of Black Angus bulls snort steam gently into the frigid early morning air at Tasmania's largest cattle feedlot as they jostle for space at a long grain trough.

  • 'Peak soil' threatens future global food security Thursday, 17 Jul 2014 | 8:44 AM ET

    *Arable land from China to Sub-Saharan Africa already lost. "We know far more about the amount of oil there is globally and how long those stocks will last than we know about how much soil there is," said John Crawford, Director of the Sustainable Systems Programme in Rothamsted Research in England.

  • *South Korea long been expected to switch to tariffs. SEOUL, July 17- South Korea will on Friday announce plans to scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of steep tariffs, domestic media outlets including the Yonhap news agency reported on Thursday.

  • Corn and soybean futures turn higher; metals mixed Wednesday, 16 Jul 2014 | 4:22 PM ET

    Corn and soybean futures ended higher Wednesday, reversing course after several weeks of losses. Corn for December delivery, the most actively traded contract, rose 5 cents, or 1.3 percent, to $3.87 a bushel. Platinum for October delivery added 70 cents to $1,485.70 an ounce and palladium for September delivery rose $8.20 to $876.75 an ounce.

  • Craft beer boom has brewers hopping for hops Wednesday, 16 Jul 2014 | 11:30 AM ET
    Hops growing at B.T. Loftus Ranches in Yakima, WA.

    There's no beer without hops, and with prices for the critical ingredient rising, craft brewers are paying attention.

  • Grain higher, livestock lower Wednesday, 16 Jul 2014 | 11:05 AM ET

    CHICAGO— Grain futures were higher Wednesday on the Chicago Board of Trade. Wheat for Sept delivery was. 25 cent higher at $5.38 a bushel; Sept corn was 4.25 cents higher at 3.7825 a bushel; Dec oats were 3.75 cents higher at $3.3475 a bushel; while Nov soybeans were 15.75 cents higher at $11.02 a bushel.

  • *Corn rises on bargain buying after heavy losses. SINGAPORE/ HAMBURG, July 16- U.S. new-crop corn futures rose on Wednesday in a rebound after sharp falls including a fresh contract low hit a day earlier, but expectations of near-record crops in the United States limited gains.

  • Common grade Thai 5 percent white rice was offered at $430 per tonne, up from $420 last week. In Vietnam, the price of low-quality 25- percent broken rice rose around 5 percent from $365 to $370 to $385 to $390 a tonne, the highest in nearly seven months, driven up by limited supply and regional buying, traders said.

  • Common grade Thai 5 percent white rice was offered at $430 per tonne, up from $420 last week. In Vietnam, the price of low-quality 25- percent broken rice rose around 5 percent from $365 to $370 to $385 to $390 a tonne, the highest in nearly seven months, driven up by limited supply and regional buying, traders said.

  • Locally-grown foods look to bigger business Wednesday, 16 Jul 2014 | 3:05 AM ET

    But with a steady supply of locally grown food from the Common Market food hub, Jefferson now serves vegetables like bok choy and asparagus, creamy yogurts from Amish country and omelets with locally sourced cage-free eggs and spinach.

  • Corn slides again, extending recent losses Tuesday, 15 Jul 2014 | 4:31 PM ET

    Corn futures slumped again Tuesday, extending a recent slide brought on by expectations of a huge crop this year. Corn for December delivery fell 6.5 cents to $3.82 a bushel. Corn traded as high as $5.22 a bushel on April 29.

  • Grain lower, livestock mostly higher Tuesday, 15 Jul 2014 | 11:18 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was unchanged at $5.3775 a bushel; Sept corn was 6.25 cents lower at $3.7525 a bushel; Dec oats were unchanged at $3.3250 a bushel; while Nov soybeans was 12.25 cents higher at $10.74 a bushel.

  • *Corn, soy crop conditions best in 20 years- USDA. CHICAGO, July 15- U.S. new-crop corn futures sank to a fresh contract low on Tuesday on forecasts for mild weather to boost the size of the U.S. crop, which already has the best condition rating in 20 years.

  • USDA: Illinois corn, soybean crops faring well Tuesday, 15 Jul 2014 | 5:01 AM ET

    ST. LOUIS— The U.S. Department of Agriculture says Illinois' latest crop of corn and soybeans is shaping up. The USDA says in its weekly crop-status update that 81 percent of the state's corn is rated as either good or excellent. The USDA considers three-quarters of that crop to be in good or excellent shape.

  • *Wheat, corn rise from four-year lows. "The weather continues to be excellent for crop development," Sterling Smith, futures specialist at Citigroup, said in a note to clients. Chicago Board of Trade September corn futures settled 3-3/ 4 cents higher at $3.81-1/ 2 a bushel, snapping a nine-session losing streak.