CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.7175 a bushel; Dec corn was 2 cents lower at $3.6725 a bushel; Dec oats were unchanged at $3.41 a bushel; while Nov soybeans lost 6.75 cents to $10.22 a bushel.» Read More
CHICAGO, Aug 14- New-crop U.S. soybean futures on Thursday rebounded from a contract low set earlier in the session, while new-crop corn topped a one-week high in a recovery from recent losses. "Light short covering in thin trade is taking place," said Karl Setzer, grain solutions team leader for MaxYield Cooperative in Iowa.
CNBC looks at which countries may be worst hit, both environmentally and economically, by climate change.
BANGKOK, Aug 14- Thailand's military government will likely cut the floor price for sales from the country's mammoth rice stocks after it failed to shift any grain in its first tender last week, a senior government official said on Thursday.
*Corn traders shrug off below-consensus USDA yield estimate. Traders shrugged off lower-than-expected USDA estimates for soy and corn output, issued in a monthly report on Tuesday, saying that mild, wet weather has benefited crops.
*Iraq faces no immediate food shortages, bread prices stable. BAGHDAD/ ABU DHABI, Aug 13- After seizing five oil fields and Iraq's biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon- wheat supplies.
*Soy market digests higher-than-expected USDA stocks view. *Hesitant corn market shrugs off below-consensus USDA yield. On Tuesday, the USDA pegged the U.S. corn harvest at a record 14.032 billion bushels, below analysts' estimates of 14.253 billion, and 2014/ 15 ending stocks at 1.808 billion bushels, below expectations of 2.005 billion.
A group of California farm workers voted on whether to kick out the United Farm Workers. That was last November.
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.
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.
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.
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.
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.
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.
CHICAGO, Aug 8- U.S. grain shipments out of the largest terminal in the Pacific Northwest are facing major delays as grain inspectors remain off-site because of a labor dispute, and concerns are growing that the backlogs will get much worse when bumper harvests roll in.