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Food and Beverage Agriculture

  • CHICAGO, Dec 15- Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people. Last month, the World Health Organization recommended that meat producers end such practices.

  • The USDA also pegged output in top grower Brazil at 51.2 million bags, down from its prior estimate of 52.1 million bags, with the arabica harvest seen falling to 38.8 million bags and robusta rising to 12.4 million bags. Brazil's harvest will be down from 56.1 million bags in 2016-17, the USDA said in a biannual report. This forecast was up from the USDA's prior...

  • Soybean futures also weakened slightly, pressured by forecasts for improving crop weather in South America. "Corn tried the upside early on short covering, but couldnt hold the rally and fell back late in the session, with good weather in South America perhaps the catalyst," Charlie Sernatinger, global head of grain futures at ED&F Man Capital, said in a note to...

  • BLYTHEVILLE, Ark.— In a story Dec. 14 about a second-degree murder trial involving farmers in Arkansas, The Associated Press erroneously reported that the herbicide dicamba was made by Monsanto. Monsanto is one of several companies that make dicamba, but it does not sell its product in Arkansas. A Mississippi County Circuit Court jury late Thursday convicted...

  • *Rain due to reach dry Argentina belts in coming days. MANILA/ PARIS, Dec 15- U.S. soybeans ticked higher on Friday as the market steadied after an earlier two-month low fuelled by expectations of rain relief for dry parts of Argentina. The most active soybean futures on the Chicago Board of Trade were up 0.4 percent at $9.71-1/ 2 a bushel by 1319 GMT, after earlier...

  • MANILA, Dec 15- U.S. soybeans ticked higher on Friday, but were still on course for the biggest weekly loss in almost two months on expectations of rains in Argentina, the world's third biggest supplier. Soybeans for March delivery on the Chicago Board of Trade were up 0.2 percent at $9.69-1/ 4 a bushel by 0358 GMT. The market had been supported by worries over dry...

  • MANILA, Dec 15- U.S. soybean futures were steady on Friday, but were on course to post their steepest weekly loss in more than four months on expectations of rains in Argentina, the world's third biggest supplier. *Soybeans for March delivery on the Chicago Board of Trade were flat at $9.68 a bushel, as of 0201 GMT, and have lost 2.2 percent so far this week, the most since...

  • The $16,500 drone for farmers, sold on Amazon

    Jim Cramer sat down with AeroVironment President and CEO Wahid Nawabi to hear about his defense and commercial drone company's new products.

  • Top drone maker will sell $16,500 drone for farmers on Amazon, CEO says

    Jim Cramer sat down with AeroVironment President and CEO Wahid Nawabi to hear about his defense and commercial drone company's new products.

  • Jim Cramer sat down with AeroVironment President and CEO Wahid Nawabi to hear about his defense and commercial drone company's new products.

  • Dec 14- Canadian auto parts maker Linamar Corp said on Thursday it agreed to buy privately held MacDon Group of Cos for C $1.2 billion, to strengthen its presence in the agricultural equipment market. Winnipeg, Manitoba- headquartered MacDon designs and manufactures specialized agriculture harvesting equipment such as drapers and self-propelled...

  • CHICAGO, Dec 14- U.S. soybean futures sagged to their lowest in more than two months on Thursday, weighed down by forecasts for much-needed rains in Argentina, traders said. "Argentina's dry soybean crops remain an important prop for the market," Commonwealth Bank of Australia analyst Tobin Gorey said in a market update. Rains expected this weekend in Argentina's...

  • CHICAGO, Dec 14- U.S. soybean futures sagged to their lowest in more than four weeks on Thursday, weighed down by forecasts for much-needed rains in Argentina, traders said. "Argentina's dry soybean crops remain an important prop for the market," Commonwealth Bank of Australia analyst Tobin Gorey said in a market update. At 10:19 a.m. CST, CBOT January soybean...

  • DES MOINES, Iowa— Farmers in Alabama and Nebraska joined with a Nebraska- based fair trade group Thursday to sue the U.S. Department of Agriculture over the agency's cancellation of an Obama-era plan that would have made it easier for farmers to demand better treatment when they contract with meatpacking companies. "We know from decades of evidence that massive...

  • *Rains would boost prospects for Argentina soy crop. LONDON, Dec 14- U.S. soybean prices declined on Thursday as forecasts called for much-needed rains in Argentina, while Chicago wheat and corn futures were little changed. The most-active soybean contract on the Chicago Board of Trade was down 0.5 percent at $9.74 a bushel at 1127 GMT, with the market back on the...

  • *Cairo traders say decree should end ergot issues. DUBAI, Dec 14- Egypt's agriculture ministry has officially brought its policy on common grain fungus ergot into line with other government agencies, in a move traders hope will end long-running confusion over import requirements at the world's biggest wheat buyer. Confusion over Egypt's ergot policy wreaked...

  • SINGAPORE, Dec 14- Chicago wheat futures rose for a second session on Thursday with short-covering by investors while concerns over cold weather hurting the U.S. winter wheat crop underpinned the market. Corn and soybeans ticked higher although gains were capped The most-active wheat contract on the Chicago Board Of Trade was up 0.4 percent at $4.18-1/ 4 a...

  • SYDNEY, Dec 14- U.S. wheat futures rose for a second consecutive session on Thursday to hit a six-day high, though gains were capped amid bumper global supplies. *The most active wheat futures on the Chicago Board Of Trade were up 0.4 percent to $4.18-1/ 2 a bushel, as of 0152 GMT, near the session high of $4.19 a bushel, the highest since Dec. 8. *The U.S. Department of...

  • SAO PAULO, Dec 13- Brazil's government on Wednesday published a decree laying out procedures importers will have to follow to be able to buy and unload Russian wheat in Brazil, a step aimed at improving trade ties with Moscow. The decree, which takes effect immediately, outlines the documents importers will have to submit to bring Russian wheat to be processed in...

  • CHICAGO, Dec 13- U.S. wheat and corn futures rose on Wednesday, bouncing from contract lows hit the previous session as traders covered short positions, traders said. Chicago Board of Trade soft red winter wheat notched the biggest gain, rising 1.4 percent, which was the biggest gain for the most-active contract in percentage terms in three months.