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Agriculture

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  • UPDATE 1-Chipotle's pork plight could hurt Q1 results Wednesday, 14 Jan 2015 | 2:50 PM ET

    Jan 14- Chipotle Mexican Grill Inc's decision to suspend purchases from a pork producer that ran afoul of its animal welfare requirements could bolster its reputation with diners but threatens sales and profits this quarter, an analyst said on Wednesday. Chipotle shares were down 1.1 percent to $706.54 in midday trading on the New York Stock Exchange.

  • *Germany pushes for compulsory genetic modification labelling. BERLIN, Jan 12- Disagreements about food safety and farming are not likely to stand in the way of a free-trade agreement between the European Union and the United States, Germany's farm minister told Reuters on Monday. The two sides are grappling with how to integrate Europe's food production and...

  • *WHAT: USDA quarterly stocks, monthly suppy/demand and wheat seeding reports. *USDA seen raising Dec 1 corn stocks to all-time high. USDA's quarterly stocks report, a survey-based estimate of grain held by farmers and commercial firms, has a history of jolting Chicago Board of Trade markets.

  • Immigrant rule to mean fewer—not more—farm workers Thursday, 8 Jan 2015 | 2:47 PM ET
    Mexican agricultural workers cultivate romaine lettuce on a farm in Holtville, Calif.

    President Obama's executive action on immigration may make it tougher for American farmers to fill labor needs.

  • Farmer Craig Underwood on ag labor  Thursday, 8 Jan 2015 | 1:00 PM ET

    Craig Underwood, a farmer in Moorpark, CA, offers his thoughts on the farm labor problem. Underwood, who grows fruits and vegetables, scaled back the production fo some fresh produce to reduce his labor costs.

  • Western Growers CEO Tom Nassif and Victor Smith, the group's chairman and a vegetable producer, discuss the farm labor shortage problem.

  • BUENOS AIRES, Jan 8- Argentine growers hoarding soybeans to protect themselves from inflation are hurting both state and farm income in the world's No. 3 exporter of the oilseed, a top government official said on Thursday. "Farm groups have opportunistically begun speculating against the government by advising growers to hoard grains at the same time that...

  • Jan 8- Replenished grain supplies following a bumper North American harvest bolstered global commodities trader Cargill Inc's bottom line in its latest quarter as lower prices lifted demand for crops and padded margins on meat sales. Privately-held Cargill, based in Minnesota, reported net earnings of $784 million for the second quarter ended Nov. 30, up 41...

  • CHICAGO, Jan 7- Armed with lessons learned from last year's polar vortex, the U.S. transportation and shipping network faces its first big test of the winter this week as harsh cold and dangerous wind chills buffet the Plains to the East Coast. Snow blanketed much of the eastern United States, with lake-enhanced accumulations of more than a foot in northwest...

  • Monsanto reports steep drop in quarterly profit Wednesday, 7 Jan 2015 | 1:02 PM ET

    Monsanto reported a drop in profit, citing lower planted corn acreage in South America and a shift in timing of some sales.

  • Jan 7- Monsanto Co on Wednesday reported a 34 percent drop in quarterly profit, in part because of lower planted corn acreage in South America and a shift in timing of some sales, but the decline was less steep than analysts expected. The company's early order book and prepayments for spring planting in the United States point to strong soybean demand, Monsanto...

  • UPDATE 3-Monsanto reports steep drop in quarterly profit Wednesday, 7 Jan 2015 | 10:04 AM ET

    Jan 7- Monsanto Co on Wednesday reported a 34 percent drop in quarterly profit, in part because of lower planted corn acreage in South America and a shift in timing of some sales, but the decline was less steep than analysts expected. Shares of Monsanto were up 1.5 percent at $117.52 in morning trading. The company's early order book and prepayments for spring...

  • Jan 7- Monsanto Co, the world's largest seed company, said on Wednesday profits dropped 34 percent in the first quarter compared to a year ago, due in part to lower planted corn acres in South America and a shift in timing of some sales. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, said net sales...

  • Monsanto plants its seed into farming  Wednesday, 7 Jan 2015 | 5:45 AM ET

    Agriculture company Monsanto is set to report its Q1 earnings this week. Michael Cox, senior research analyst at Piper Jaffray, discusses the company and how it's bringing new technology to South America.

  • BEIJING/ SINGAPORE, Jan 6- Chinese wheat buyers are likely to step up imports of higher quality grains to meet a domestic shortfall even though total overseas purchases are forecast to tumble this year due to bumper production at home, analysts and traders said. More demand for high-protein wheat could bolster prices for spring wheat traded on the Minneapolis...

  • SEOUL, Jan 6- South Korea said on Tuesday that foot-and-mouth had spread to a cattle farm in the country for the first time in more than three years, a blow to authorities battling to contain an outbreak of the disease. South Korea's pork imports, mainly from the United States and Germany, rose 21 percent to 328,241 tonnes in the first 11 months of last year from the...

  • SEOUL, Jan 6- South Korea confirmed on Tuesday it had begun to impose a tariff of over 500 percent on rice imports from the start of the year, but added that five members of the World Trade Organization had raised concerns over the level. A joint statement by the country's finance, trade and agriculture ministries on Tuesday added that Seoul would hold bilateral...

  • DUBLIN/ BRUSSELS, Jan 5- Ireland has become the first European Union country allowed to export beef to the United States, 17 years after Washington banned EU imports over mad cow disease. The latest U.S. decision clears the way for Irish authorities to approve individual beef plants to export to the United States, the Irish government said. A report on the U.S....

  • Why breakfast may get more expensive in California Friday, 2 Jan 2015 | 11:47 AM ET
    Caged chickens lay eggs in a chicken house built decades ago at an egg farm, on Nov. 6, 2014 in San Diego.

    It's 2015, and that means that eggs sold commercially in California now must come from chickens that have twice as much room to move around.

  • Food safety concerns have prompted the younger generation in China to seek alternative channels for fresh produce and meat. CNBC's Eunice Yoon reports.