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Food and Beverage Agriculture

  • BOSTON— A U.S. fishing magnate known as "The Codfather" who pleaded guilty to evading fishing quotas and smuggling money to Portugal is set to be sentenced. Carlos Rafael is the owner of one of the nation's largest commercial fishing operations. It includes a fleet of more than 30 vessels, 44 commercial fishing permits and the Carlos Seafood business in New Bedford.

  • SINGAPORE, Sept 25- U.S. wheat slid 1 percent on Monday, falling for a second consecutive session as ample supplies continued to weigh on prices. The most-active wheat contract on the Chicago Board Of Trade lost 1 percent to $4.45 a bushel by 0352 GMT, and was trading near the session's low of $4.44 a bushel, its lowest since Sept. 20. Soybeans lost 0.4 percent to $9.80-1/...

  • SYDNEY, Sept 25- U.S. wheat fell nearly 1 percent to a five-day low on Monday on abundant global supplies. *The most active wheat futures on the Chicago Board Of Trade were down 0.8 percent at $4.45-3/ 4 a bushel by 0054 GMT, near the session low of $4.44 a bushel- the lowest since Sept. 20. *The U.S. Department of Agriculture confirmed that private exporters sold 190,000...

  • BEIJING/ SHANGHAI, Sept 23- China's gasoline exports rose in August as refiners continued to sell excess product abroad amid a domestic glut, customs data showed on Saturday. August gasoline shipments rose 35.2 percent from a year ago to 910,000 tonnes, according to data from the General Administration of Customs. China's imports of liquefied natural gas were...

  • There's a domestic dairy glut in regions that's so bad it's led some American farmers to spill milk.

  • Chicago Board of Trade December wheat set a one-month high but turned lower. As of 12:41 p.m. CDT, Chicago Board of Trade November soybeans were up 15-1/ 4 cents at $9.86 per bushel, the contract's highest since Aug. 10. CBOT December corn was up 4-1/ 2 cents at $3.54-3/ 4 a bushel while December wheat was down 1-1/ 2 cents at $4.51 after climbing to $4.55, its highest since...

  • CHICAGO, Sept 22- U.S. ethanol makers, taking advantage of low corn prices, are ramping up production and expanding capacity to try to squeeze less-efficient competitors out of an overcrowded market. "There's only two speeds- there's full throttle or off," said Randall Doyal, chief executive officer of Al-Corn Clean Fuel in Minnesota. Since 2007, nearly every...

  • CHICAGO— Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for Dec. delivery was up 2.40 cents at $4.5360 a bushel; Dec corn gained 5.40 cents 3.5540 a bushel; December oats rose. 20 cent at $2.4940 a bushel while Nov. soybeans advanced 18.60 cents to $9.8460 a bushel. October live cattle rose 2.57 cents at $1.1075 a pound; September...

  • Arkansas board votes to bar dicamba use after April 15, 2018. CHICAGO, Sept 21- Arkansas on Thursday moved just one step away from barring sprayings next summer of an herbicide linked to widespread U.S. crop damage, setting the stage for a potential legal showdown between the state and chemical maker Monsanto Co.. In July, Arkansas banned dicamba use for 120 days.

  • PARIS/ SINGAPORE, Sept 22- U.S. soybean futures rose on Friday to a six-week high, buoyed by strong export demand and weather risks to planting in South America. The Chicago Board of Trade most-active soybean contract was up 0.9 percent at $9.79-1/ 4 a bushel by 1141 GMT, close to a session high of $9.79-1/ 2- a level last reached on Aug. 10. Wheat was up 0.4 percent at $4.54-1/...

  • PARIS— Angry French farmers are blocking Paris' famed Champs-Elysees in a protest against the government's agricultural policy. The farmers are angry, among other things, about President Emmanuel Macron's government's proposal to ban a controversial pesticide called glyphosate. To appease the demonstration, French Ecology Minister Nicolas Hulot came to...

  • WASHINGTON— An Agriculture Department employee and two staff members on the House Agriculture Committee were injured Thursday in a car accident south of El Campo, Texas. Statements from USDA and the committee say that Agriculture Secretary Sonny Perdue, House Agriculture Chairman Michael Conaway and Texas Agriculture Commissioner Sid Miller were in a...

  • *Strong U.S. exports, dry weather in Brazil buoy soybean prices. SINGAPORE, Sept 22- Chicago soybean futures on Friday were on track for a fifth consecutive week of gains, with prices underpinned by strong demand and dry weather threatening planting in Brazil. "The oilseed markets continue to have an eye on Brazil's dry soybean regions," said Tobin Gorey, director of...

  • *Wheat was supported as excessive rains in Argentina have threatened yield prospects, while Australia's crop has suffered from persistent dryness in the east. *The USDA reported export sales of U.S. soybeans in the latest week at more than 2.3 million tonnes, topping a range of trade estimates for 1.2 million to 1.5 million tonnes. *USDA said private exporters...

  • CHICAGO, Sept 21- Chicago wheat futures posted a one-month high Thursday on technically driven trade while U.S. soybean and corn futures eked out modest advances as traders waited for the harvest to expand in the Midwest. Chicago Board of Trade December what settled up 2-3/ 4 cents at $4.52-1/ 2 per bushel after reaching $4.54-1/ 2, its highest since Aug. 16.

  • WASHINGTON— An Agriculture Department employee and two staff members on the House Agriculture Committee are in stable condition after a car accident south of El Campo, Texas. Agriculture Secretary Sonny Perdue, House Agriculture Chairman Michael Conaway, R- Texas, and Texas Agriculture Commissioner Sid Miller were in a separate car and were not injured,...

  • SAO PAULO, Sept 21- Brazil's government on Thursday cut its projections for coffee output this year, especially for arabica, due to unfavorable weather and an insect infestation in the world's largest exporter. According to a report by the country's agricultural statistics agency Conab, total coffee production in 2017 is now seen at 44.77 million 60- kg bags,...

  • CHICAGO, Sept 21- Chicago wheat futures eked out a one-month high Thursday on technically driven trade while U.S. soybean and corn futures were little changed as traders waited for the harvest to expand in the Midwest. As of 11:43 a.m. CDT, Chicago Board of Trade December what was up 3-1/ 4 cents at $4.53 per bushel after reaching $4.53-3/ 4, its highest since Aug. 16.

  • CHICAGO— Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Dec. delivery was up 2.80 cents at $4.5120 a bushel; Dec corn was unchanged at 3.50 a bushel; December oats rose 4.80 cents at $2.4920 a bushel while Nov. soybeans fell 7 cents to $9.66 a bushel. October live cattle fell. 27 cent at $1.0818 a pound; September feeder cattle...

  • PARIS/ SINGAPORE, Sept 21- Chicago wheat, corn and soybean futures edged lower on Thursday as strength in the dollar after a Federal Reserve policy statement encouraged prices to consolidate ahead of export data watched for signs of strong soybean demand. The Chicago Board of Trade most-active soybeans were down 0.6 percent at $9.64 a bushel by 1142 GMT, while...