SPENCER, Iowa, Aug 20- The Pro Farmer Midwest Crop Tour on Wednesday estimated western Iowa's corn yield at 177.48 to 180.90 bushels per acre, above tour estimate of 160.12 to 175.65 bpa last year and the three-year tour average of 146.77 to 170.72, according to data provided by the tour.» Read More
HEAD OF IRAQ'S GRAIN BOARD SAYS ISLAMIC STATE MILITANTS HAVE TAKEN WHEAT FROM STATE SILOS AND SENT IT TO IRAQI AND SYRIAN MILLS.
IRAQ GRAIN BOARD SAYS STOPPED BUYING LOCAL WHEAT LAST WEEK IN ATTEMPT TO AVOID MILITANT SMUGGLING.
CAIRO/ ABU DHABI, Aug 13- A top Iraqi government grains official said on Wednesday that Islamic State militants are taking wheat from state silos in northern and western Iraq, in order to mill it there and in neighboring Syria.
Aug 13- Deere& Co posted lower quarterly profit on Wednesday, but still topped estimates, as strong sales of construction and forestry equipment offset declining sales of tractors, harvesters and other farm machinery.
The announcement comes two weeks after fellow food giant General Mills announced a similar policy to set emission cutting targets that respond to the United Nations goal of keeping global temperatures from rising by less than 2 degrees C.
COLUMBIA, Mo.— The U.S. Department of Agriculture says Missouri farmers are on track to harvest record crops of corn and soybeans. The USDA said that would be the highest since 2004, when Missouri producers averaged 162 bushels per acre.
The Environmental Protection Agency is expected to rule this fall on Dow AgroSciences' application to market Enlist, a new version of the 2,4- D herbicide that's been around since the 1940 s. In the department's final environmental review released last week, the USDA recommended approval.
CHICAGO, Aug 12- Beef Products Inc will reopen a Kansas processing plant on Monday to boost production of "lean finely textured beef," which critics call "pink slime," as wholesale beef prices soar with a shrinking U.S. cattle herd.
SAO PAULO, Aug 12- Brazilian-Lebanese financier Joseph Safra's push to diversify his $16 billion fortune out of banking and real estate is taking the world's richest banker to the fruit stand.
WEST LAFAYETTE, Ind.— Indiana and the nation will harvest bumper crops of corn and soybeans for the second straight year, further holding down prices paid to farmers, a government forecast released Tuesday said. Indiana farmers are on track to harvest 1.04 billion bushels of corn, surpassing the record 1.03 billion grown last year, the forecast said.
WICHITA, Kan.— A government report predicts bountiful fall crops in Kansas following a devastating winter wheat harvest. The National Agricultural Statistics Service forecast on Tuesday that Kansas farmers would bring in 544 million bushels of corn this year. Kansas soybean production is forecast at 151 million bushels, up 18 percent from the previous year.
DES MOINES, Iowa— Farmers will produce a record-breaking corn harvest this year, surpassing earlier expectations of the U.S. Department of Agriculture, which on Tuesday revised upward its estimate of this year's corn crop to 14 billion bushels to exceed last year's 13.9 billion bushel record.
WASHINGTON, Aug 12- U.S. corn production in 2014 will crack the 14- billion-bushel mark for the first time, the U.S. Department of Agriculture said on Tuesday, although the crop forecast was slightly below trade expectations and could provide relief to the beaten-down corn futures market.
WASHINGTON, Aug 12- U.S. corn production in 2014 will crack the 14- billion-bushel mark for the first time, the U.S. Department of Agriculture said on Tuesday, although the crop forecast was slightly below trade expectations and could put a floor under the beaten-down corn futures market.
USDA estimated the U.S. soybean crop at a record of 3.82 billion bushels, up 16 percent on the year and close to trade expectations, paving the way for ending stocks to more than triple in 2014/ 15 from the tightest in four decades. Aug. 1 data indicated the highest number of ears on record for the ten key corn producing states, USDA said.
"Egypt is the largest importer of wheat in the world, but they have to buy it on the spot market," says Philip Blumberg.
LINCOLN, Neb.— Last week's rain in most of Nebraska has reduced irrigation demand and aided dryland crops. A weekly U.S. Department of Agriculture report says parts of the state last week got upward of 2 inches of rain. The USDA says only scattered fields of winter wheat remain to be harvested.
CHICAGO— Grain futures were mostly lower Monday on the Chicago Board of Trade. Wheat for Sept delivery fell 2.75 cents to $5.4650 a bushel; Dec corn was 4.75 cents higher at 3.6825 a bushel; Dec oats were. 25 cent lower at $3.31 a bushel; while Nov soybeans fell 11.50 cents to $10.7325 a bushel.
NEW YORK— Chiquita Brands has received a buyout offer worth about $611 million from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group. The unsolicited bid disclosed Monday comes as Chiquita and Fyffes of Ireland were working on their own transaction.
OSLO, Aug 11- Norway's leading salmon farmers could escape the worst of Moscow's sanctions on Western countries by redirecting some of their produce from farms in Chile to Russia, a top producer and analysts said on Monday.