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Agricultural Producers

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  • MEXICO CITY, Feb 10- A deal reached with the United States in December to limit Mexican sugar exports is not ideal, but preferable to entering into a bitter trade dispute, Mexican economy minister Ildefonso Guajardo said on Tuesday. "It is obviously not an ideal, which would have allowed us to export as much as we wanted, but it was what was possible," said Guajardo, whose...

  • DUBAI, Feb 1- Large global sugar stocks built up during years of oversupply are finally beginning to shrink as low prices curb production and consumption edges higher but the industry's outlook remains challenging, participants at a major conference said on Sunday. The outlook for sugar refiners remains difficult, however, with the premium for refined over...

  • CHICAGO, Jan 14- A Massachusetts meat company is recalling 33,948 pounds of ground beef products that may be contaminated with plastic materials, the U.S. Department of Agriculture's Food Safety and Inspection Service said on Wednesday. The agency said J&G Foods, Inc, in Sutton, Massachusetts recalled the product that consists of one-pound vacuum sealed...

  • NEW YORK, Jan 8- Louis Dreyfus Commodities' Imperial Sugar Co and AmCane Sugar LLC have challenged the U.S.- Mexico trade deal, warning that the pact potentially harms domestic sugar refiners and prolonging a long-running dispute between the two countries. In a filing on Thursday, Imperial asked the U.S. International Trade Commission to review suspension...

  • Monsanto plants its seed into farming  Wednesday, 7 Jan 2015 | 5:45 AM ET

    Agriculture company Monsanto is set to report its Q1 earnings this week. Michael Cox, senior research analyst at Piper Jaffray, discusses the company and how it's bringing new technology to South America.

  • SHANGHAI, Jan 7- Food and drug safety in China is "grim" and will get stronger oversight, the food and drug regulator said on Wednesday, after a series of scares last year hit the reputations of global firms such as McDonald's Corp and Wal-Mart Stores Inc.. Safety scares have affected the reputations and China sales of global companies from U.S. fast-food chains...

  • Taste for imports drives up Japan's grocery bill Sunday, 28 Dec 2014 | 5:43 PM ET

    Yen weakness is driving up the cost of Japan's food imports, but analysts say pinched pocketbooks won't slow consumers' taste for meals from overseas.

  • Unilever drops mayonnaise suit against Just Mayo maker Thursday, 18 Dec 2014 | 8:33 PM ET

    Dec 18- Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product. Unilever, famous for its mayonnaise brand Hellmann's, had filed a suit against Hampton Creek earlier this year accusing the company of advertising Just Mayo, an eggless spread,...

  • China slowdown is an opportunity: Huiyuan Juice  Tuesday, 2 Dec 2014 | 8:23 PM ET

    Zhu Xinli, Chairman at China Huiyuan Juice Group, the largest privately owned juice producer in the country, describes the firm's strategy amid the economy's structural adjustment.

  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. Cargill is recalling 31,000 pounds of beef produced at its Calgary, Alberta, plant, said Connie Tamoto, spokeswoman for the privately held...

  • TORONTO/ WINNIPEG, Manitoba, Dec 2- Cargill, Canada's biggest beef processor, is recalling ground beef sold by Wal-Mart Stores Inc that may be contaminated with E. coli, the Canadian Food Inspection Agency said on Tuesday. The agency said there have not been any reported illnesses associated with Cargill Meat Solutions' "Your Fresh Market" brand beef, which was sold...

  • Cuban sugar mill opens to begin a challenging harvest Saturday, 29 Nov 2014 | 12:22 PM ET

    HAVANA, Nov 29- Cuba has begun what looks set to be another difficult harvest for the once-proud sugar industry as it struggles to improve on output similar to a century ago. Cuba produced 1.6 million tonnes of raw sugar during its last annual harvest from November 2013 to May 2014, short of the 1.8 million tonnes planned, as hot and rainy weather, organizational and...

  • SATARA, India, Nov 20- After years of buying cooking oil sold in plastic bags at a village store, Indian farmer Kisan Pawar has made the jump to branded packs of soyoil from a retail chain. India's top edible oil importer Ruchi Soya sees the country's $8 billion branded oil market growing by up to 15 percent in 2015.. That's good news for overseas suppliers to the...

  • BUSINESS-NEWS-SCHEDULE AT 1630 GMT /11:30 AM ET Wednesday, 19 Nov 2014 | 11:40 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. U.S. regulator seeks nationwide recall of Takata air bags. WASHINGTON- The U.S. auto...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT /11:00 AM ET Wednesday, 19 Nov 2014 | 11:07 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. WASHINGTON- The U.S. auto safety regulator has told Japanese supplier Takata Corp and...

  • SUVA, Nov 19- Indian Prime Minister Narendra Modi on Wednesday pledged a multi-million dollar line of credit for Fiji's struggling sugar industry, once worked by thousands of indentured labourers from India under appalling conditions. India will provide a $70 million line of credit to build a co-generation power plant at a sugar mill, Modi said in an address...

  • SUVA, Nov 19- Indian Prime Minister Narendra Modi on Wednesday pledged a multi-million dollar line of credit for Fiji's struggling sugar industry, once worked by thousands of indentured labourers from India under appalling conditions. India will provide a $70 million line of credit to build a co-generation power plant at a sugar mill, Modi said in an address...

  • Nov 17- Tyson Foods Inc, the largest U.S. meat processor, reported better-than-expected quarterly profit on Monday, helped by higher prices for beef and pork. Tyson's net income nearly halved to $137 million, or 35 cents per share, for the fiscal fourth quarter ended Sept. 27. Still, earnings excluding acquisition charges and other items came in at 87 cents per share,...

  • Tyson Foods profit beats expectations Monday, 17 Nov 2014 | 9:36 AM ET

    Tyson Foods, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent.

  • UPDATE 1-Tyson Foods profit beats expectation Monday, 17 Nov 2014 | 8:57 AM ET

    Nov 14- Tyson Foods Inc's, the largest U.S. meat processor, reported a better-than-expected quarterly profit. Tyson Foods shares were up 5 percent in premarket trading. The company said it expects an adjusted profit of $3.30- 3.40 per share and sales of $42 billion for the year ending September 2015.