CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.7775 a bushel; Dec corn was 1.50 cents lower at $3.1925 a bushel; Dec oats were unchanged at $3.3550 a bushel; while Nov soybeans declined 3.25 cents to $9.10 a bushel.» Read More
Farmers and analysts say the elimination of government incentives to buy new equipment, a related overhang of used tractors, and a reduced commitment to biofuels, all darken the outlook for the sector beyond 2019- the year the U.S. Department of Agriculture says farm incomes will begin to rise again.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, sued a unit of Syngenta AG in a Louisiana state court on Friday for damages stemming from China's rejection of genetically modified U.S. corn, which Cargill said cost the company more than $90 million.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, said it had sued Syngenta Seeds Inc in a Louisiana state court on Friday for damages stemming from rejections of genetically modified U.S. corn by China.
Since entering the race in mid-August, Silva has picked a pro-agriculture congressman as her running mate, met repeatedly with agribusiness leaders and campaigned in the farm belt, eager to make allies in an industry that accounts for a quarter of Brazil's economy. The fuel price controls have gutted Brazil's once-booming sugar cane ethanol industry.
WASHINGTON, Sept 11- U.S. corn and soybean production in 2014, already pegged at record highs, will be higher than expected a month ago and somewhat above trade expectations, the U.S. government said on Thursday, triggering a swift drop in Chicago grain markets.
The ongoing drought in California is cutting back the state's rice crop. It's gotten so bad, one rice farmer said they might have to sell the land.
CHICAGO, Sept 10- Retail giant Wal-Mart joined a group of volunteers counting corn ears and soybean pods in fields in the United States recently in a clear sign traditional crop tours are expanding their appeal from farmers and traders to all those with a stake in the U.S. food chain.
MOSCOW, Sept 9- Russia is looking to supply grain worth up to $500 million per year to Iran in exchange for oil, Russia's state grain trader said, in a further reduction to the value of a long-negotiated barter deal between the two countries.
MOSCOW, Sept 9- Moscow and Tehran are in talks on supplying Russian grains to Iran in exchange for oil, Andrey Gormakh, first deputy chief executive of Russia's state grain trader, United Grain Company, was quoted as saying on Tuesday.
MOSCOW, Sept 9- Moscow and Tehran are in talks on supplying Russian grains to Iran in exchange for oil, Andrey Gormakh, first deputy chief executive of Russian state grain trader, United Grain Company, was quoted as saying on Tuesday.
Crop and livestock producers are feeling down about their situations, according to a survey released Monday. Falling crop prices are partly to blame.
One of the hardest hit countries by the ongoing drought is Nicaragua, which is experiencing its worst dry spell in 32 years.
BOGOTA, Sept 5- Colombia's coffee production will be between 11.5 million and 12 million 60- kg bags in 2014, up from a previous estimate of 11.4 million bags, the head of the farmer-funded growers' federation said on Friday, thanks to good weather and tree renovation.
The U.S. is not the only country suffering from drought. The lack of rainfall in countries like China, Colombia and Australia is raising alarms.
Soybean planting in Brazil's leading agricultural states is only allowed after Sept. 15, following a period of three months in which the land must be left fallow to avoid the spread of disease in the tropical soil.
Copy of letter seen by Russia's Grain Union, Reuters. MOSCOW, Sept 5- Russia, one of the world's largest wheat exporters, said on Friday it was not considering grain export curbs as an option to balance domestic demand during the 2014/ 15 marketing season.
MOSCOW, Sept 5- Russia's Agriculture Ministry has proposed restricting grain exports in the 2014/ 2015 season as a possible way of balancing the domestic market, Arkady Zlochevsky, head of Russia's Grain Union, said. Russia shocked grain markets with a one-year export ban in 2010 when drought ravaged that year's harvest.
*Nigeria used to be world's number two cocoa producer. AKURE, Nigeria, Sept 4- College graduate Omatayo Adeniyi stands in a humid tropical forest of southwest Nigeria and explains why he chose cocoa farming over a white collar job in the city.
CHICAGO, Sept 4- Chicago Mercantile Exchange live cattle futures closed mixed on Thursday, supported by initially higher cash prices while pressured by profit taking, traders said. October live cattle ended up 1.625 cents per lb at 157.050, and December at 158.500, up 0.500 cent.
CHICAGO, Sept 3- Chicago Mercantile Exchange live cattle futures climbed nearly 2 percent on Wednesday, their biggest one-day percentage increase in 1 1/ 2 months, driven by strong cash price expectations for this week, traders said. October live cattle ended up the maximum 3.000 cents per lb daily price limit at 155.425.