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Agriculture

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  • California drought's new target: The great pumpkins Tuesday, 14 Oct 2014 | 11:05 AM ET
    Rows of fresh large pumpkins at the Pierce College Farmer's Market in Woodland Hills, Calif.

    The Golden State's lack of water is making some pumpkin farmers feel they are at the end of their rope when it comes to growing the crop.

  • Grain mixed, livestock lower Tuesday, 14 Oct 2014 | 10:50 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.0525 a bushel; Dec corn was 1.25 cents higher at $3.4475 a bushel; Dec oats were unchanged at $3.4475 a bushel; while Nov soybeans gained 2.75 cents at $9.48 a bushel. Dec live cattle was 1.03 cents lower at $1.6567 pound; Nov feeder...

  • Ebola and food security topic at World Food Prize Monday, 13 Oct 2014 | 5:09 PM ET

    Sierra Leone and Liberia are among the nations represented at the World Food Prize Foundation's three-day symposium held each year in conjunction with the awarding of the prize. More than 2,500 confirmed cases of Ebola and 753 deaths have been reported in Sierra Leone, the World Health Organization said last week. Liberia's Agriculture Minister Florence...

  • Bumper crop pulls global food prices lower Monday, 13 Oct 2014 | 3:43 PM ET
    Corn is deposited into a semi-trailer after being harvested in Shelbyville, Kentucky.

    Consumers are getting some relief after run-up in food prices this spring—thanks to a bumper grain crop and a weaker dollar.

  • CHICAGO, Oct 13- The Kroger Co, the biggest U.S. supermarket operator, said on Monday it will remove the "humanely raised" claims from a store brand of chicken to settle a federal lawsuit claiming the retailer deceived consumers because the animals were raised under standard commercial farming conditions. Kroger and the lawyers for a California consumer filed a...

  • Grain higher, livestock higher Monday, 13 Oct 2014 | 10:59 AM ET

    CHICAGO— Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.9850 a bushel; Dec corn was 4.25 cents higher at $3.3825 a bushel; Dec oats were unchanged at $3.4275 a bushel; while Nov soybeans gained 5.75 cents at $9.2825 a bushel. Dec live cattle was 1.75 cents higher at $1.6705 pound; Nov feeder...

  • NEW YORK, Oct 10- Beijing's cotton price supports have breached global trade rules, a U.S. industry association said, calling on U.S. regulators to examine China's support levels in a sign of mounting tensions between the world's top grower and the global market. Prices paid to farmers by the Chinese government under the country's farming policy exceed those...

  • *Wheat supported by USDA stocks view. CHICAGO, Oct 10- Chicago Board of Trade corn and soybean futures dropped on Friday, with big crops in focus following a U.S. Agriculture Department report that boosted already-record forecasts for U.S. production. Wheat futures closed higher after the USDA cut its outlook for domestic supplies in the closely watched report.

  • *Corn, soy firm despite expectations for record crops. Corn and soybeans firmed, with corn notching its seventh straight day of gains. "It seems that the rally ran out of steam as fundamentals globally remain a bit bearish," said Greg Grow, director of agribusiness at Archer Financial Services.

  • *Corn, soy firm despite expectations for record crops. Corn and soybeans firmed, with corn on track for its seventh straight day of gains. "The U.S. Agriculture Department is going to remind us of a world that is flush with wheat," said Tom Fritz, a partner with EFG Group in Chicago.

  • Drone gap? US has one in farming, say experts Thursday, 9 Oct 2014 | 11:52 AM ET
    A drone flying over vineyards in Pessac, France.

    As the FAA formulates rules regarding commercial use of drones, experts say American farmers are falling behind other countries who use it.

  • MUMBAI, Oct 9- Plunging sugar prices have forced at least one Indian sugar mill to default on bank loans and could drive others to do the same, the latest sign of the heavy toll a four-year-old supply glut in the country is taking on producers of the sweetener. One of the country's largest sugar mills, Mawana Sugars Ltd, has defaulted on 2.5 billion rupees of...

  • Oct 8- Monsanto Co, the world's largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn and soybean seeds. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, forecast earnings in a range of $5.75 to $6.00...

  • Global sugar mills retrench as depressed prices take toll Wednesday, 8 Oct 2014 | 11:36 AM ET

    LONDON/ SAO PAULO, Oct 8- Squeezed margins in sugar mills, caused by depressed prices after years of global over-supply, are hastening closures and consolidation in the sector, potentially eroding global output and supporting prices. Faced with declining revenues, more sugar mills in top producer Brazil are expected to shut in the coming months, while...

  • Consumers are being misled by the "natural" label, said Urvashi Rangan, executive director of Consumer Reports Food Safety and Sustainability. Consumer Reports said it had conducted a survey of more than 80 different processed foods containing corn or soy, the two most widely grown genetically engineered crops in the United States, to determine whether...

  • CHICAGO, Oct 6- Farmers from the biggest U.S. corn-growing states have sued Syngenta AG over sales of genetically modified corn seed not approved by China, joining global exporters in pursuing damages from the Swiss-based company. In coordinated lawsuits filed on Friday in federal courts in Iowa, Illinois, Nebraska, Kansas and Missouri, farmers accused...

  • If California doesn't get rain this winter ... Saturday, 4 Oct 2014 | 10:19 AM ET
    Dry cracked earth is visible on the banks of Shasta Lake at Bailey Cove in Lakehead, Calif.

    As the Golden State enters a fourth year of drought, a wet winter is "crucial" to the country's biggest agricultural producer.

  • SAO PAULO, Oct 3- At least one soybean exporter in Brazil has agreed with Monsanto to collect royalties, in exchange for a fee, from farmers who planted genetically engineered seeds marketed by the company, according to industry sources. In Brazil, where genetically modified seeds have only been legal since 2005, reusing seeds is more common and it is easier for...

  • Oct. 2- Japan and South Korea are continuing to test the U.S. wheat they buy to make sure the grain is not contaminated with an experimental version developed by Monsanto Co, but could soon stop the practice, the head of a U.S. wheat association said on Thursday. The two countries, which are among the top purchasers of U.S. wheat, have been sampling and testing all the U.S....

  • A bad omen for agriculture? Cramer's warning Thursday, 2 Oct 2014 | 1:46 PM ET
    Three farm tractors in a freshly cut cornfield near Visalia, California.

    The entire farm complex could see widespread selling after a fertilizer maker issued an earnings warning, says CNBC's Jim Cramer.