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Top News & Analysis Illinois

  • *Risk-avoidance mood before USDA weakens grains, soybeans. The USDA on Thursday will release a series of estimates including U.S. quarterly grain stocks, U.S. annual crop production, U.S. winter wheat seeding and its monthly World Agricultural Supply and Demand Estimates. "Soybeans, wheat and corn are weaker today as people take risk off the table ahead of the USDA...

  • NEW YORK, Jan 11- Dan and Kelly Neubeck do not know what sunk the deal to buy their dream house in Chicago last fall. The process was rolling along after they signed the contract for a full-price offer, but somehow their love was unrequited. "It is difficult to not quickly become attached to a home that you really want," said Dan Neubeck, 37, who works for the city of Chicago.

  • SINGAPORE, Jan 11- Chicago wheat futures slid for a second session on Wednesday, easing further from a six-week high reached earlier this week as improved weather forecasts for the U.S. Soybeans rose for a third consecutive session but gains were limited ahead of a widely watched supply-demand report from the U.S. Department of Agriculture due on Thursday.

  • SYDNEY, Jan 11- U.S. soybeans fell for the first time in three sessions on Wednesday, retreating from a five-day high touched in the previous session, as traders squared positions ahead of a widely watched report from the U.S. Department of Agriculture later in the week. *The most active soybean futures on the Chicago Board Of Trade fell 0.64 percent to $10.07-1/ 4 a...

  • The new group, Aerospace Works for Washington, will be a "megaphone" to warn that jobs are at risk, said Maud Daudon, chief executive of the Seattle Metropolitan Chamber of Commerce, which is leading the effort. Chicago- based Boeing, the world's biggest commercial aircraft maker, has its largest factories in Washington, and is the state's largest private employer,...

  • NEW YORK, United States- Federal Reserve Bank of New York President William Dudley is scheduled to attend an event "The Culture Imperative- An Interbank Symposium"- 1620 GMT. NAPLES, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before a panel at the American Council of Life...

  • CHICAGO, Jan 10- Chicago Board of Trade soybean futures firmed on Tuesday, recovering from weakness in overnight trading on technical buying amid lingering concerns about weather in key South American growing regions. Traders said the weather in Brazil and Argentina remained at the forefront of the market, particularly after crop shortfalls from both major...

  • SEATTLE, Jan 10- Boeing Co has joined a new coalition lobbying to preserve $8.7 billion in tax breaks that Washington state gave its aerospace industry in 2013, the group said. The group, Aerospace Works for Washington, also could be involved in other issues, such as efforts by the European Union to roll back the tax incentives under World Trade Organization rules,...

  • CHICAGO, Jan 10- Chicago Board of Trade soybean futures firmed on Tuesday, recovering from weakness in overnight trading on technical buying amid lingering concerns about weather in key South American growing regions. Traders said the weather in Brazil and Argentina remained at the forefront of the market, particularly after crop shortfalls from both major...

  • Jan 10- Global commodities trader Cargill Inc on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 percent in the second quarter ended Nov. 30 to $1.03...

  • Jan 10- Global commodities trader Cargill Inc on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses in North America. In the second quarter ended Nov. 30, Cargill's adjusted operating earnings jumped nearly 80 percent to $1.03 billion, from $574 million in the same quarter a year earlier.

  • *Investors adjust positions before Thursday's USDA reports. PARIS/ SINGAPORE, Jan 10- Chicago grain and soybean futures eased on Tuesday after a day-earlier rally ran out of steam in the face of hefty global supplies and investor caution before a clutch of U.S. crop reports later in the week. The most-active Chicago Board of Trade soybean contract had dropped 0.4...

  • SYDNEY, Jan 10- U.S. soybeans fell on Tuesday, retreating after posting gains of more than 1 percent in the previous session, as pressure from ample global supplies outweighed fears of production losses in Argentina. *The USDA said on Monday morning that soybean export inspections totalled 1.457 million tonnes in the latest reporting week, exceeding the high end...

  • NEW YORK, United States- Federal Reserve Bank of New York President William Dudley is scheduled to attend an event "The Culture Imperative- An Interbank Symposium" in New York- 1620 GMT. LONDON- Bank of England Governor Mark Carney, Bank of England Executive Director for Financial Stability Strategy& Risk Alex Brazier and other external members of the Financial...

  • Jan 9- Global agricultural trader Bunge Ltd said on Monday it will build its first new U.S. soybean processing plant in 15 years in Indiana or Ohio to serve growing domestic and export demand for soy products. The plant is expected to be on line by the end of 2019, Bunge North America said in a statement. "As we evaluate the long-term demand for soy products, we see the...

  • Jan 9- Declines in energy and financial stocks weighed on the S&P 500 on Monday and helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected U.S. policy changes under the Donald Trump presidency. Elsewhere, investors were taking a breather ahead of fourth-quarter earnings and the Jan. 20 presidential inauguration.

  • CHICAGO, Jan 9- U.S. soybean futures firmed on Monday, supported by some concerns about rain in parts of Argentina curtailing crop production from the world's third largest exporter of the oilseed, traders said. At 11:13 a.m. CDT, Chicago Board of Trade March soybean futures were up 5-1/ 2 cents at $10.00-1/ 4 a bushel. The USDA said on Monday morning that soybean...

  • According to the SEC, Cadbury India paid a local businessman $90,666 in 2010 to work with government officials in the Indian state of Hamichal Pradesh and obtain licenses and approvals to add capacity at the Baddi plant, which was built in 2005.. The SEC said Cadbury India's books and records did not accurately reflect the nature of the businessman's services,...

  • PARIS/ SINGAPORE, Jan 9- Chicago wheat prices rose on Monday to their highest level in over six weeks for a second straight session, as cold weather risks in U.S. and European crop belts underpinned a market also anticipating a shift towards wheat in annual index rebalancing. The most-active wheat contract on the Chicago Board Of Trade was up 1 percent at $4.27-1/ 2...

  • SINGAPORE, Jan 9- Chicago wheat gained 0.8 percent on Monday, rising for a third session out of four, with the market trading near a six-week high as cold weather across North America raised fears of potential crop damage. The most-active wheat contract on the Chicago Board Of Trade rose 0.8 percent to $4.26-3/ 4 a bushel by 0319 GMT, not far from Friday's peak of $4.28...