April 16- Railroad operator Kansas City Southern reported better-than-expected quarterly results as a bumper corn crop in 2013 led to higher grain shipments. Midwest to Mexico, Chief Executive David Starling said on a conference call with analysts.» Read More
*Wheat under pressure as USDA ups global stocks forecast. Soybeans were lower on talk of defaults by Chinese buyers, after prices climbed on Wednesday above $15 a bushel on estimates of a lower U.S. 2013-14 carry over stock.
SINGAPORE/ BEIJING, April 10- Chinese soybean imports will drop as processors cannot cover their costs with a bird flu outbreak sapping demand for the animal feed ingredient they make.
TOKYO, April 10- Japan is considering slashing tariffs on U.S. beef imports to less than 10 percent from the current 38.5 percent in negotiations aimed at laying the ground for a broad Pacific trade pact, the Nikkei business daily said on Thursday.
MOLINE, Ill., April 9- Steps away from a replica of the revolutionary 1837 steel plow at tractor company John Deere's headquarters sits a combine as big as a tank and packed with computer wizardry that harvests huge volumes of valuable data as it gathers crops.
NEW YORK, April 9- Energy companies are mounting a last-ditch effort to prevent the Federal Reserve from cracking down on physical commodity trading by major Wall Street banks, saying more restriction may further damage liquidity and raise hedging costs.
NEW YORK— Wheat prices fell Wednesday after the government raised its forecast for year-end supplies, citing a drop in demand from China. "Wheat prices did get to attractive levels," said Todd Hultman, a grain market analyst at DTN. Wheat for May delivery fell 12 cents, or 1.8 percent, to $6.69 a bushel.
April 9- A Republican congressman from Kansas introduced legislation on Wednesday that would nullify efforts in multiple states to require labeling of genetically modified foods. The bill, dubbed the "Safe and Accurate Food Labeling Act," was drafted by U.S.
ST. PETERSBURG, Fla.— This year's Florida orange crop is approaching the fruit's lowest harvest in decades, and experts say a deadly bacteria that's infecting the trees is to blame.
The FMHR traders discuss how to play agriculture stocks as demand comes back.
CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.81 a bushel; May corn was 1.50 cents higher at 5.0750 a bushel; May oats were unchanged at 4.35 a bushel; while May soybeans 15 cents higher at 14.9750 a bushel.
DAKAR, April 9- Small and medium-sized enterprises in Africa are crying out not just for financing but also management and operational expertise to enable them to grow a regional footprint, says private equity firm AFIG Funds.
SIOUX FALLS, S.D.— Seeding of spring wheat has begun in South Dakota, but farmers in most areas of the state have not yet started spring planting. The Agriculture Department says in its latest crop and weather report that there were nearly six days suitable for fieldwork over the past week.
A new virus has killed millions of baby pigs in the U.S. in less than a year. The consequence? Bacon prices rising by more than ten percent.
*Corn, wheat contracts affected, soybean spared. CHICAGO, April 8- The world's largest futures markets operator had to shut electronic trade for leading agricultural contracts on Tuesday, just a day before key U.S. crop data, as rare technical problems hit and sent traders scrambling to get back on the floor.
A more conservative estimate from the U.S. Department of Agriculture shows the nation's pig herd has shrunk at least 3 percent to about 63 million pigs since the disease appeared. Already, prices have shot up: A pound of bacon averaged $5.46 in February, 13 percent more than a year ago, according to the U.S. Bureau of Labor Statistics.
NEW YORK— Agribusiness conglomerate Cargill said Tuesday its net income dropped 28 percent in the fiscal third quarter because of increased electricity prices and other problems. The Minneapolis company said its net income fell to $319 million and revenue held steady at $32 billion.
*China adds Brazil as corn supplier from April. BEIJING, April 8- China has allowed Brazilian corn imports to start this month, a further blow to U.S. exports to the world's No.2 consumer of the grain already hurt by the discovery of an unapproved genetically modified strain in shipments.
*China adds Brazil as corn supplier from start of April. BEIJING, April 8- China, the world's second-largest corn consumer, has allowed imports of the grain from Brazil from the start of this month, Chinese quarantine authorities said on Tuesday. Argentina, Peru, Thailand and Laos are the other nations approved to ship corn to China.
Because Potash Corp owns the most potash-producing capacity in the world, a change in that philosophy would cause the crop nutrient's value to plunge. Even so, Baskin just recently sold its stake in Potash Corp on concern that BPC's breakup has diminished the pricing power of potash miners.
CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 6.6975 a bushel; May corn was 4.25 cents lower at 4.9750 a bushel; May oats were unchanged at 4.1075 a bushel; while May soybeans higher at 3.25 to 14.77 a bushel.