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Food and Beverage Agriculture

  • *USDA expected to cut U.S. corn yield in monthly report. Analysts on average expect the USDA to lower its estimate for U.S. corn production to 166 bushels per acre from 170.7 bpa to reflect the impact of dryness. "The market is looking for the USDA to cut corn supply estimates in tonight's report.

  • *USDA expected to lower production estimate. "The market is looking for the USDA to cut corn supply estimates in tonight's report. "Nonetheless, the USDA report on this occasion is likely to be seen as minor skirmish in a larger battle.

  • *USDA will on Thursday issue its first assessments of the 2017 U.S. corn and soybean crops based on field surveys, and analysts expect the government to lower its yield forecasts for both crops. *Analysts expect the USDA to lower its estimate for U.S. corn production to 166 bushels per acre, down from 170.7 bpa. *USDA said private exporters cancelled a sale of 130,000...

  • Agrium sold 714,000 tons of wholesale potash in the second quarter ended June 30 at an average price of $210 per ton, compared with 697,000 tons at $194 per ton a year earlier. Potash demand has been robust so far this year, helped by low prices and brisk offshore sales by Canpotex Ltd, the export company owned by Agrium, Potash and Mosaic Co. Canpotex signed supply...

  • Aug 9- Canadian fertilizer maker Agrium Inc reported a 1.2 percent fall in quarterly profit on Wednesday, hurt by weak demand for phosphate and nitrogen. Net earnings attributable to shareholders fell to $558 million, or $4.03 per share, in the second quarter ended June 30, from $565 million, or $4.08 per share, a year earlier. Agrium, which is merging with Potash Corp...

  • BUENOS AIRES, Aug 9- Argentine farmers will increase investments in the next corn planting season despite fears about a political comeback for former President Cristina Fernandez, who implemented export taxes and restrictions despised by the sector, leaders of industry groups told Reuters. Several polls show Fernandez in the lead for a Senate seat in...

  • *USDA August supply/demand reports due Thursday at 1600 GMT. *Analyst expect USDA to cut U.S. corn, soy yield. *USDA seen reducing U.S. spring wheat production estimate.

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 2.40 cents at $4.5440 a bushel; Sept corn was up. 20 cent at $3.70 a bushel; Sept oats gained. 20 cent at $2.7360 a bushel while August soybeans up 2.20 cents to $9.6520 a bushel. August live cattle was. 95 cent lower at $1.1153 a pound; August...

  • PARIS/ SYDNEY, Aug 9- Chicago soybeans edged higher on Wednesday, extending gains into a third consecutive session as traders assessed risks for crops from cool, dry weather. The most active soybean futures on the Chicago Board of Trade had risen 0.3 percent to $9.75-3/ 4 a bushel by 1111 GMT, holding close to a near one-week high of $9.79-3/ 4 touched on Tuesday.

  • YAMAMOTO-CHO, Japan, Aug 9- A new breed of younger, business- and tech-savvy farmers are transforming Japan's shrinking agriculture sector with cutting edge techniques and marketing strategies, giving new hope to an industry in slow decline. He markets his "Migaki Ichigo" brand strawberries directly to fancy department stores in Tokyo, where they go for as much...

  • *Monsanto says dicamba is safe, EPA and most state regulators approved it. NEW YORK, Aug 9- As the U.S. growing season entered its peak this summer, farmers began posting startling pictures on social media: fields of beans, peach orchards and vegetable gardens withering away. The approach, in which Monsanto prevented key independent testing of its product, went...

  • SYDNEY, Aug 9- U.S. soybeans edged higher on Wednesday, extending gains into a third consecutive session amid forecasts for cool, dry weather in key U.S. growing regions. The most active soybean futures on the Chicago Board of Trade had risen 0.1 percent to $9.74-1/ 4 a bushel by 0330 GMT. They firmed 0.4 percent on Tuesday after hitting their highest since Aug. 2 at...

  • SYDNEY, Aug 9- U.S. soybean prices inched higher on Wednesday, extending gains into a third session as fears over dry weather across key U.S. growing regions kept prices near one-week highs. *The most active soybean futures on the Chicago Board of Trade had risen 0.2 percent to $9.74-3/ 4 a bushel by 0109 GMT. However, ratings declined in Illinois and Iowa, the top two U.S....

  • As of 1:01 p.m. CDT, Chicago Board of Trade November soybean futures were up 4-1/ 2 cents at $9.74-1/ 4 per bushel. December corn was down 2-1/ 4 cents at $3.84-1/ 2 a bushel and September wheat was down 7-1/ 2 cents at $4.56 a bushel. However, ratings declined in Illinois and Iowa, the top two U.S. soy states.

  • Dozens of poultry farms in Belgium and the Netherlands have been investigated amid the hunt for eggs containing Fipronil, which is dangerous to human health, and several other EU countries are now on the lookout for tainted eggs. Millions of eggs have been pulled from stores in Belgium, the Netherlands and Germany. Andreeva declined to say more given that a legal...

  • *USDA cuts rating of U.S. crop condition. *Soybeans, wheat firm ahead of USDA world crop forecasts. The USDA in its weekly crop progress report on Monday rated 60 percent of the U.S. corn crop in good-to-excellent condition, down from 61 percent a week.

  • SINGAPORE, Aug 8- Chicago corn rose for a third consecutive session on Tuesday to its highest in more than a week, with prices supported by a U.S. government report showing a marginal decline in crop ratings. *The U.S. Department of Agriculture in its weekly crop progress report rated 60 percent of the U.S. corn crop in good to excellent condition, down from 61 percent a...

  • Potassium sulfate is used on high-value crops, such as fruits, vegetables and tree nuts, which are in high demand, says Mark Savich, CEO of Agrimin.

  • Chicago Board of Trade December corn futures settled up 5-3/ 4 cents at $3.86-3/ 4 per bushel. November soybeans ended up 13 cents at $9.69-3/ 4 a bushel, and CBOT September wheat rose 8-3/ 4 cents at $4.63-1/ 2 a bushel. It's more in advance of the crop report than anything particular in the weather, although weather forecasts are a little bit dry, "said Terry Linn of Linn&...

  • As of 12:45 p.m. CDT, Chicago Board of Trade December corn futures were up 6 cents at $3.87 per bushel. It's more in advance of the crop report, than anything particular in the weather, although weather forecasts are a little bit dry, "said Terry Linn of Linn& Associates, a Chicago brokerage. The USDA's report on Thursday will include its first yield estimates...