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  • SEOUL, Jan 18- South Korea has halted imports of U.S poultry and poultry meat just two months after shipments were resumed, following a fresh discovery of bird flu in the United States, the agriculture ministry said on Saturday. South Korea had lifted a ban on importing U.S. poultry and fresh meat on Nov. 19, shipping in about 4,500 tonnes of poultry meat treated with...

  • Senator Chuck Grassley of Iowa to raise the debt limit for so-called "family farmer" bankruptcies. Farmers in states like Illinois, Indiana and Iowa are scrambling to secure lending for the 2016 growing season at a time when prices for their corn have halved from three years ago. "The debt limit for Chapter 12 bankruptcies should be raised to at least $10 million,"...

  • WASHINGTON, Jan 15- The chairman of a U.S. House committee that oversees child abuse issues opened an inquiry Friday into whether the federal government is failing to enforce a law meant to protect thousands of babies born dependent on drugs each year. The inquiry, launched by Representative John Kline of Minnesota, comes in response to a Reuters investigation...

  • The flock in Dubois County, Indiana, was infected with a strain known as H7N8, which is different from strains that caused more than 48 million chickens and turkeys to die last year, according to the USDA. Indiana officials quarantined the farm with the infected turkeys and the birds are being killed to prevent the spread of the disease, the USDA said.

  • *Freeport drops; China worries weigh on materials shares. Stocks had their worst five-day start to a year ever following mounting investor concerns about declining oil prices and a China- led slowdown in global growth. "The fact that we didn't see kind of another washout today kind of emboldened some of investors to think that perhaps, at least on a short-term...

  • CHICAGO, Jan 11- Metals company Alcoa Inc on Monday reported a quarterly net loss after charges related to shuttering parts of its traditional smelting business. The New York- based company has been curtailing smelting capacity as the industry endures tumbling prices amid rising trade tensions with China. London Metal Exchange aluminum prices, CMAL3, which...

  • *Freeport drops; China worries weigh on materials shares. Stocks had their worst five-day start to a year ever following mounting investor concerns about declining oil prices and a China- led slowdown in global growth. "The fact that we didn't see kind of another washout today kind of emboldened some of investors to think that perhaps, at least on a short-term...

  • NEW YORK, Jan 7- Alcoa Inc's plans to close its 269,000 tonne-per-year Warrick smelter, announced on Thursday, will bring U.S. aluminum output to its lowest level in more than 65 years as the industry endures tumbling prices amid rising trade tensions with China. Warrick is the largest currently-operating smelter in the United States and the biggest shoe to drop...

  • NEW YORK, Jan 7- Alcoa Inc said on Thursday it will permanently close its 269,000 tonne-per-year Warrick Operations smelter in Evansville, Indiana, by the end of first quarter, the latest in a string of U.S. smelter curtailments as producers struggle with tumbling prices. Warrick is the largest operating aluminum smelter in the United States, and its closure will...

  • *Middle East tensions dashes chance of OPEC deal to curb glut. Relations between Saudi Arabia and Iran collapsed in acrimony this week after the Kingdom's execution of a Shi'ite cleric set off a storm of protests in Tehran. Instead of fanning fears of a disruption in supplies, however, some delegates from the Organization of the Petroleum Exporting Countries...

  • State-level Medicare brawls reflect wider GOP war Sunday, 27 Dec 2015 | 3:50 PM ET
    Healthcare health care

    Many Republican governors support expanding coverage through the ACA, a law that members of Congress from their party want to see fail. NYT reports.

  • GRAINS-Brazil rain forecasts dampen soybean futures Thursday, 24 Dec 2015 | 11:53 AM ET

    CHICAGO, Dec 24- U.S. soybean futures slumped on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales. Traders kept their eyes on Brazil as forecasts said rain during the next two weeks could provide needed moisture for dry soybean fields in the key state of Mato Grosso.

  • NEW YORK, Dec 23- Wall Street rallied in pre-holiday trading on Wednesday, helped by surging energy shares as an unexpected drop in crude oil inventories lifted beaten-down oil prices. Benchmark Brent crude rose 3.6 percent to $37.41 a barrel, while U.S. crude prices settled up 3.8 percent at $37.50 a barrel, although trading was thin. "It seems in the very short term...

  • WASHINGTON, Dec 22- Atlanta-basaed Gray Television Inc has won U.S. antitrust approval to buy Schurz Communications, Inc on condition that it sells two television stations, the Justice Department said on Tuesday. The stations to be sold are WSBT-TV in South Bend, Indiana, and KAKE-TV in Wichita, Kansas, the department said. The antitrust laws render those...

  • *Soybeans hit lowest since Nov. 25. CHICAGO, Dec 16- Chicago Board of Trade wheat, corn and soybeans fell on Wednesday as traders grappled with huge world stocks of all three commodities. "Like the other grains, there is not much happy happening in the wheat on the upside now," Charlie Sernatinger, global head of grain futures at ED&F Man Capital, said in a note to clients.

  • Fiat Chrysler Automobiles has doubled its local workforce to 7,000 amid record industry sales, upscale apartments are being built or tucked into vacant factories, and new small businesses are opening along a quaint Main Street. As the Federal Reserve meets to begin a likely turn towards higher interest rates, the buzz in places such as Kokomo is one reason...

  • Dec 14- Animal-nutritionist John Goihl knows Minnesota farmers who feed the remains of dead baby pigs to hogs used for breeding in attempts to ward off infections of a deadly virus in offspring. A resurgence could drive up prices again and hurt profits for processors including Tyson Foods and JBS USA, which have benefited from low hog prices.

  • *California drivers suing because they want to be Uber employees. SAN FRANCISCO, Dec 10- State legislators in Ohio and Florida are moving ahead with regulations governing Uber and other ride services that would designate all drivers as independent contractors, bolstering a critical but much-disputed aspect of Uber's business model. The states would join...

  • FOREX-Dollar rises slightly, ECB meeting in sight Monday, 30 Nov 2015 | 3:51 PM ET

    *Dollar up 4 percent vs euro, 2 percent vs yen in November. NEW YORK, Nov 30- The dollar edged up against major currencies on Monday, on expectations for further stimulus from the European Central Bank in what has been a strong month for the greenback. Sireen Haraji, currency strategist at Mizuho Corporate Bank in New York, added that secondary factors, including the...

  • Corn also firmed at the Chicago Board of Trade while wheat was mixed, with nearby contracts pressured by larger-than-expected deliveries against the December contract. At the CBOT as of 12:23 p.m. CDT, January soybeans were up 8-1/ 2 cents at $8.81-1/ 2 a bushel, after reaching $8.83-1/ 4, the highest since Nov. 5. "The market is reacting to the outside week up in beans...