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By Chris Prentice
NEW YORK, Oct 20 (Reuters) - Thailand has slapped tariffs on
sugar likely to hit $9 million worth of U.S. beverage exports,
the U.S. Agriculture Department said on Friday, as one of the
top producers of the sweetener joins a growing list of regions
implementing such taxes.
(Adds detail to paragraph 1, farmer and Imea quotes)
SAO PAULO, Oct 20 (Reuters) - Brazilian farmers have planted
20 percent of the expected soy area so far in the 2017-18 crop,
consultancy AgRural said on Friday, with some producers
expressing concern regarding the progress of works due to a lack
of rains in key producing regions.
Planting is roughly in line with a five-year average of 19
percent for this period of the year, but behind last year's
level of 29 percent due to weather factors, the consultancy
The EPA has backed off a series of proposed changes to the nation's biofuels policy after a massive backlash from corn-state lawmakers worried the moves would undercut ethanol demand.
(Adds White House statement)
By Jarrett Renshaw
NEW YORK, Oct 20 (Reuters) - The U.S. Environmental
Protection Agency has backed off a series of proposed changes to
the nation's biofuels policy after a massive backlash from
corn-state lawmakers worried the moves would undercut ethanol
demand, according to a letter from the agency to lawmakers seen
Oct 20 (Reuters) - The U.S. Environmental Protection Agency
told lawmakers that its abandoning efforts to reform the
nation's Renewable Fuel Standard and drive the price of the
program's credits down.
The move represents a big win for the corn lobby and a major
defeat for refiners seeking the changes.
The following are various reactions to the news:
* Feeder cattle settles firmer
* Lean hog market extends gains
* USDA cattle report at 2 p.m. CDT
The U.S. dollar is higher, but demand remains strong.
(Recasts throughout; updates prices, adds quotes; changes
byline, dateline, previous PARIS/SINGAPORE)
By Julie Ingwersen
CHICAGO, Oct 20 (Reuters) - U.S. corn and soybean futures
fell to their lowest levels in a week on Friday, pressured by
active harvest progress in the heart of the Midwest crop belt,
The exception to the weak trend was soyoil futures, which
hit their highest in nearly a month on news the U.S.
Environmental Protection Agency was backing down on reforms to
Gene editing could stop diseases like aflatoxin dead in their tracks.
From a price support rationale, probably the most supportive variable is that corn is currently priced at a level where most producers are losing money.