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  • The 'sweet spot' that New Zealand is aiming for   Wednesday, 18 Mar 2015 | 8:42 PM ET
    The 'sweet spot' that New Zealand is aiming for

    Bill English, deputy prime minister & finance minister of New Zealand, says the country wants "sustained, moderate growth" of 3 percent over the next 2-3 years, but warns of risks from China and Australia.

  • NEW YORK— Monsanto said Wednesday it will pay about $350,000 to settle class action lawsuits brought by farmers in seven states over genetically modified wheat. The St. Louis company said Wednesday it will make donations of $50,000 to agricultural schools at land grant colleges in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana and Mississippi.

  • WASHINGTON, March 18- The United States and New Zealand on Wednesday challenged Indonesia's import restrictions on food and other farm products, saying barriers to goods ranging from potatoes to poultry breached international trade obligations. "I'm proud to take this action today standing up on behalf of farmers and ranchers across the United States who...

  • SANTIAGO/ WINNIPEG, March 18- Shares in Chilean fertilizer group SQM plunged on Wednesday after three board representatives from Canada's Potash Corp resigned in protest at its handling of an illicit payments scandal that has shaken the Chilean establishment. SQM Vice Chairman Wayne Brownlee, who is also chief financial officer of Potash Corp, and two...

  • Grain higher, livestock mostly higher Wednesday, 18 Mar 2015 | 10:54 AM ET

    CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at $5.035 a bushel; May corn was. 75 cent lower at $3.7025 a bushel; May oats were unchanged at $2.71 a bushel; while May soybeans rose 1.5 cents to $9.56 a bushel. June live cattle rose. 83 cent to $1.4630 a pound; May feeder cattle was. 02...

  • California farmers: Selling water makes more money Wednesday, 18 Mar 2015 | 10:32 AM ET
    Irrigation water runs along a dried-up ditch between the rice farms to provide water for the rice fields in Richvale, Calif.

    In drought-stricken California, farmers make more selling water than rice. NBC News reports.

  • GRAINS-U.S. corn, soy dive on export woes, wheat weak Tuesday, 17 Mar 2015 | 3:14 PM ET

    *Corn drops 2.1 percent to six-week low. CHICAGO, March 17- U.S. soybean futures sagged 1.5 percent to their lowest in almost five months on Tuesday, with export demand for U.S. supplies fading amid the expanding harvest in Argentina and Brazil, traders said. Corn and wheat futures also notched sharp declines.

  • GRAINS-U.S. corn, soy, wheat post sharp declines Tuesday, 17 Mar 2015 | 1:01 PM ET

    *Corn prices ease on slowing demand for U.S. exports. CHICAGO, March 17- U.S. corn and soybean futures sank to six-week lows on Tuesday as export demand for U.S. supplies wilted amid an expanding South American harvest and plentiful world stocks, traders said. At 11:42 a.m. CDT Chicago Board of Trade May corn futures fell 8 cents to $3.71 a bushel.

  • SANTIAGO, March 17- SQM fertilizer company has fired its chief executive after it became embroiled in an election campaign financing scandal that has rocked the Chilean establishment, tainting business leaders and politicians with close links to the 1973-1990 dictatorship of Augusto Pinochet. Shortly after the announcement, SQM said it would voluntarily...

  • CHICAGO, March 17- U.S. farmers will likely use less nitrogen fertilizer this season with the cost sky-high even though the price of natural gas, the key ingredient to make it, is down 40 percent from last year. "What we're seeing this season is a reduction in rates," said Ray Carpenter, senior vice president of agronomy for Farmers Cooperative in Ames, Iowa, referring to...

  • Grain lower, livestock mostly higher Tuesday, 17 Mar 2015 | 10:54 AM ET

    CHICAGO— Grain futures were lower Tuesday on the Chicago Board of Trade. Wheat for May delivery was off 10.50 cents to $5.0350 a bushel; May corn fell 8 cents to 3.71 a bushel; May oats were 7 cents higher at $2.71 a bushel; while May soybeans declined 14.75 cents to $9.5450 a bushel. June live cattle was up. 50 cent to $1.4547 a pound; May feeder cattle rose. 02 cent to...

  • Farmers stand to reap $24B windfall Tuesday, 17 Mar 2015 | 10:27 AM ET
    Farming farm united states

    The 2014 farm bill will prove to be the most expensive ever, largely due to the new subsidies and expanded crop insurance. The Fiscal Times reports.

  • *Corn prices ease on slowing demand for U.S. exports. LONDON, March 17- U.S. wheat prices rose to a two-week high on Tuesday, boosted by concern about dry weather in both the United States and Russia, while soybeans fell to their lowest level since early February. Chicago Board of Trade May wheat was up 0.2 percent to $5.15 a bushel at 1101 GMT after earlier rising to a...

  • March 16- Wayne Farms Inc, the sixth-largest poultry producer in the United States, filed with U.S. regulators in an initial public offering of common stock. Wayne Farms counts Nestle SA, Costco Wholesale Corp and Chick-fil-A, the fast food chain known for its chicken sandwiches, among its clients. Net income of Wayne Farm LLC, a subsidiary of Wayne Farms Inc, rose...

  • Continental Grain's Wayne Farms files for IPO Monday, 16 Mar 2015 | 5:53 PM ET

    March 16- Wayne Farms Inc, the sixth-largest poultry producer in the United States, filed with U.S. regulators in an initial public offering of common stock. Wayne Farms is a subsidiary of Continental Grain Co, one of the largest privately held corporations in the United States. Citigroup, J.P. Morgan and BMO Capital Markets are underwriting the IPO, Wayne told the U....

  • CHICAGO, March 16- U.S. authorities are considering imposing tougher restrictions in Arkansas to contain a virulent strain of avian flu in the heart of America's poultry region in a bid to minimize international trade disruptions and contain the virus. The H5N2 flu discovered in Arkansas last week is the state's first case of a strain that causes massive...

  • Sparks fly as peach farmer faces off vs. big labor Friday, 13 Mar 2015 | 2:11 PM ET

    Hearings in California on alleged unfair labor practices at America's biggest peach grower finally closed——but sparks kept flying.

  • Why a nasty insect is getting the EPA's attention Thursday, 12 Mar 2015 | 3:49 PM ET
    An ear of corn hangs in a field outside Tiskilwa, Ill.

    A destructive insect's growing resistance to genetically modified corn seeds is costing American farmers as much as $2 billion annually.

  • SINGAPORE, March 11- Brazil's corn output is likely to come under pressure this year due to unfriendly crop weather, while high costs for fertilizers in strife-torn Ukraine will curb production there, a senior agricultural analyst said on Wednesday. Lower supplies in Brazil and Ukraine, the world's second and third largest corn exporters after the United...

  • *Indonesia shipped in 600,000 tonnes over Jan-Feb- trader. SINGAPORE, March 11- Indonesia's corn imports are expected to drop to around 2.5 million tonnes this year, from 3.5 million tonnes in 2014, as higher domestic output curbs overseas purchases, traders said. The U.S. Department of Agriculture has forecast Indonesia's corn production in 2014/ 15 at 9.2...