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
Ethanol was one of the big stories this year as pressure to find alternative sources of fuel mounted and companies began the process of “going green.” But can the corn fuel craze continue in ’07? John Kilduff of Fimat USA was on “Squawk on the Street” to discuss the future of ethanol.
Monsanto's attempt to buy southern seed giant Delta & Pine Land could be running into trouble as an unusual backlash against the proposed combination is taking root across the U.S. Farm Belt, the Wall Street Journal reported on its Web site on Monday.
Australia's monopoly wheat exporter, AWB Ltd., will lose its right to veto wheat export deals by its rivals for six months, Prime Minister John Howard said Tuesday.