Money managers exit corn By: Dow Jones Newswires 04/05/2013 @ 2:56pm
Money managers halved their bullish bets on US corn futures and options in the week ended Tuesday, CFTC data shows today. Managed funds, including hedge funds, had a net long position of 94,315 contracts ...
Analysts; Sept. 1 corn stocks up By: Dow Jones Newswires 04/05/2013 @ 1:20pm
The following are analysts' estimates in billions of bushels for 2012-13 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
New trading hours start Sunday By: Dow Jones Newswires 04/05/2013 @ 10:49am
CME Group Inc.'s (CME) new, reduced grain and oilseed futures trading hours will begin Sunday evening. The new schedule, a response to customer complaints that longer hours were reducing liquidity and ...
CME aims to boost KC wheat By: Dow Jones Newswires 04/05/2013 @ 7:20am
CME Group Inc. (CME), the world's largest futures market operator, is targeting both U.S. and Asian markets to boost volumes of Kansas wheat futures and also focusing on driving up its options ...
10-month lows: Demand slams soybeans By: Dow Jones Newswires 04/04/2013 @ 2:40pm
U.S. soybean futures settled at a 10-month low Thursday, pressured by higher-than-expected domestic supplies and concerns about a bird flu outbreak in China.Chicago Board of Trade May soybeans settled down 8 ...
Demand worries, tech-selling gut grains By: Dow Jones Newswires 04/04/2013 @ 8:42am
U.S. soybean futures fell to a 10-month low Thursday on concerns about demand in the wake of a bird flu outbreak in China and a stronger U.S. dollar.CBOT soybeans for May delivery were recently down seven ...
Bearish signals flash for the grains Thursday By: Dow Jones Newswires 04/04/2013 @ 8:01am
May CBOT corn futures ended a penny higher Wednesday, as the market consolidated a recent big decline with inside day action. A rally in the wheat market supported modest gains in corn, along with ...
Bargain-hunting, crop weather surge wheat futures By: Dow Jones Newswires 04/03/2013 @ 2:18pm
U.S. wheat futures added to their sharp price gains, as trading ended Wednesday, boosted by poor crop conditions in the Plains and fresh buying interest after a recent price drop.Wheat futures rose overnight ...
Monsanto jumps on early seed sales By: Dow Jones Newswires 04/03/2013 @ 1:42pm
Monsanto Co. (MON) Wednesday cautioned cool spring weather would likely leave U.S. farmers with a shorter window to plant corn this year, though strong early seed sales helped the company boost its full-year ...
Storm seen slowing Argentina soybean harvest By: Dow Jones Newswires 04/03/2013 @ 12:05pm
A heavy rain storm that struck Argentina's capital and surrounding cities has claimed more than two dozen lives and caused a major fire at the country's largest oil refinery.The freak storm that ...
Informa trims winter wheat guess By: Dow Jones Newswires 04/03/2013 @ 11:57am
Closely watched crop forecaster Informa Economics Inc. on Wednesday projected U.S. winter wheat output of 1.631 billion bushels this year, down 1% or 14 million bushels from last year, traders said.Informa ...
Corn chugs higher; wheat leads Wednesday By: Dow Jones Newswires 04/03/2013 @ 10:35am
U.S. corn futures are trading higher Wednesday morning, boosted by a rise in wheat and bargain-hunting.In electronic trading, Chicago Board of Trade futures for May delivery are up 5 1/2 cents or 0.9% at $6.46 ...
Investors shoot down corn futures By: Dow Jones Newswires 04/02/2013 @ 5:01pm
U.S. corn futures extended their downturn for the third straight session Tuesday, settling at a fresh nine-month low as investors continued to shed risk in the market.Chicago Board of Trade May corn ended down ...
Nearby corn bleeds to 9-month low By: Dow Jones Newswires 04/01/2013 @ 2:58pm
U.S. corn futures settled sharply down for a second straight session Monday, with selling continuing after a government report last week showed higher-than-expected domestic corn stockpiles.Chicago Board of ...
Goldman Sachs drops corn forecast By: Dow Jones Newswires 04/01/2013 @ 10:26am
Goldman Sachs cuts its three-month US corn futures price forecast to $6.50/bushel from $7.50 after a USDA report last week showed domestic corn stockpiles much higher than widely believed. The report ...
Brazil port logjam's bullish soybeans By: Dow Jones Newswires 03/29/2013 @ 9:25am
Soybean prices are expected to rise due to acute port congestion in Brazil, one of the world's largest exporters, ANZ Banking Group says in a report; "the shipping backlog from Brazil leaves the market ...
Corn slammed limit-down by USDA reports By: Dow Jones Newswires 03/28/2013 @ 3:35pm
U.S. corn futures fell sharply Thursday after government reports showed higher-than-expected stockpiles and forecast farmers would plant the largest crop seen in more than 75 years.The U.S. Department of ...
Feeder cattle soar limit-up; hogs end higher By: Dow Jones Newswires 03/28/2013 @ 3:29pm
U.S. cattle futures extended their midweek rally Thursday, closing sharply higher in many contracts for the second consecutive day.April live-cattle jumped 1.55 cents, or 1.2%, to $1.289 a pound at the Chicago ...
Hog herd inches higher -- USDA By: Dow Jones Newswires 03/28/2013 @ 3:25pm
The number of hogs and pigs on U.S. farms as of March 1 was nearly 1.5% above a year ago, according to federal data released Thursday afternoon.The U.S. Department of Agriculture reported the nation's hog ...
Soybeans shoot up ahead of USDA data By: Dow Jones Newswires 03/27/2013 @ 4:27pm
U.S. grain and soybean futures finished higher Wednesday, rallying ahead of Thursday's release of U.S. government crop reports.Traders readied for forecasts from the U.S. Department of Agriculture that ...
USDA Report preview table By: Dow Jones Newswires 03/27/2013 @ 12:57pm
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's prospective planting and quarterly grain stocks reports. The ...
Ethanol stocks drop By: Dow Jones Newswires 03/27/2013 @ 12:31pm
U.S. ethanol production fell 0.5% to 805,000 barrels a day in the week through last Friday, easing after an increase the prior week, data from the U.S. Energy Information Administration showed ...
Soybeans surge; focus turns to USDA data By: Dow Jones Newswires 03/26/2013 @ 3:39pm
U.S. soybean futures rose Tuesday, as traders brace for government crop reports that are expected to highlight a tight U.S. supply situation.Chicago Board of Trade soybeans for May delivery finished up 10 1/2 ...
Supplies, weather send corn higher By: Dow Jones Newswires 03/25/2013 @ 3:50pm
U.S. corn futures rose Monday, boosted by expectations for a government report this week to reflect tight supplies and by a slow start to spring planting activity.Chicago Board of Trade May corn futures ...
Corn acres: 97.3 million, analysts say By: Dow Jones Newswires 03/25/2013 @ 1:25pm
The following are analysts' estimates in millions of acres for the 2013 U.S. Prospective Plantings report, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
Qrt.-Stocks to fall, analysts say By: Dow Jones Newswires 03/25/2013 @ 1:22pm
The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of March 1, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
Informa drops corn, soybean acres By: Dow Jones Newswires 03/22/2013 @ 11:56am
Private analytical firm Informa Economics on Friday lowered its estimates for 2013 U.S. corn and soybean plantings from prior forecasts. Informa, a closely watched crop forecaster, pegged corn plantings ...
Grains end Thursday mixed By: Dow Jones Newswires 03/21/2013 @ 2:45pm
U.S. grain and soybean futures ended the open outcry session mixed Thursday, with soybeans finishing at a fresh one-week high.Soybean sustained price strength into the close of trading, fueled by renewed fears ...
Brazil tries to avert port strike By: Dow Jones Newswires 03/21/2013 @ 9:52am
Representatives of Brazil's government and union leaders are meeting Thursday to try to agree on changes to a recent decree altering the rules of port operations, with unions threatening to ...
Brazilian officials work to avoid port strike By: Dow Jones Newswires 03/21/2013 @ 9:50am
Representatives of Brazil's government and union leaders are meeting Thursday to try to agree on changes to a recent decree altering the rules of port operations, with unions threatening to ...
Grains start Thursday on mixed note By: Dow Jones Newswires 03/21/2013 @ 9:48am
U.S. grain and soybean futures continue to trade mixed in early open outcry trading, with soybeans underpinned by worries about tight supplies.Soybeans are continuing to recover from a six session slide in ...
Wheat leads grains higher Wednesday By: Dow Jones Newswires 03/20/2013 @ 3:35pm
U.S. wheat futures rose Wednesday, boosted by technical buying and expectations for stronger demand.Chicago Board of Trade May wheat futures settled up 14 cents or 1.9% at $7.36 a bushel, a one-month high ...
U.S. to fill Brazilian bean orders? By: Dow Jones Newswires 03/20/2013 @ 8:21am
Shandong-based Sunrise Group, China's leading importer of soybeans, will cancel an order to purchase about 2 million metric tons of Brazilian soybeans from Japan's Marubeni (8002.TO), as shipments ...
Supply nerves boost corn futures By: Dow Jones Newswires 03/19/2013 @ 3:18pm
U.S. corn futures closed mostly higher Tuesday, buoyed by tight domestic supplies of the grain.Chicago Board of Trade May corn gained 8 1/2 cents, or 1.1%, to $7.28 1/2 a bushel. The May contracts settled at a ...
Russia's pork, poultry demand grows By: Dow Jones Newswires 03/19/2013 @ 8:14am
Russia's poultry and pork imports increased by 85.2% and by 1.1%, respectively, in January from a year earlier, in response to growing domestic demand, data released by the federal customs service ...
Profit-taking sinks wheat futures Monday By: Dow Jones Newswires 03/18/2013 @ 3:05pm
U.S. wheat futures fell Monday on profit-taking after recent gains and good prospects for U.S. wheat crops this year.Chicago Board of Trade May wheat futures settled down 10 1/4 cents or 1.4% at $7.12 3/4 a ...
U.S., SA corn in demand By: Dow Jones Newswires 03/15/2013 @ 6:53am
Demand for U.S. and South American corn will increase world-wide after high levels of aflatoxin were recently detected in Central European grain, traders, cargo surveyors and analysts in Singapore, Seoul ...
Supply worries kick corn into the black By: Dow Jones Newswires 03/12/2013 @ 5:03pm
U.S. corn futures settled higher Tuesday, boosted by technical buying and concerns about tight supplies.Chicago Board of Trade May corn futures settled up 3 cents or 0.4% at $7.14 1/4 a bushel, trading higher ...
Corn futures climb again, extend gains By: Dow Jones Newswires 03/11/2013 @ 3:55pm
U.S. corn futures rose Monday, climbing for the third-straight session on higher cash prices and limited domestic supplies of the grain.Chicago Board of Trade May corn ended up 7 3/4 cents, or 1.1%, at $7.11 ...
Corn surges on USDA supply data By: Dow Jones Newswires 03/08/2013 @ 3:19pm
U.S. corn futures rose 1.9% Friday after federal forecasters projected tighter-than-expected domestic supplies of the grain this summer, citing strong demand for corn in animal feed.Thinly-traded corn futures ...
Grains surge ahead of Friday USDA data By: Dow Jones Newswires 03/07/2013 @ 4:06pm
Grain and soybean futures finished higher Thursday, stabilizing ahead of Friday's release of U.S. government crop reports.Traders readied for forecasts from the U.S. Department of Agriculture that are ...
Cash corn prices surge in farm country By: Dow Jones Newswires 03/07/2013 @ 1:30pm
U.S. cash corn basis levels across the Midwest strengthened, as falling futures prices forced end users to boost prices in an effort to draw supplies from farmer stockpiles. Wednesday's sharp ...
Recap sheet for USDA Report By: Dow Jones Newswires 03/07/2013 @ 8:14am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's March world crop production and U.S. and world supply and demand ...
India dumps wheat on market By: Dow Jones Newswires 03/07/2013 @ 8:09am
An Indian ministerial panel Thursday cleared a proposal to allow private companies to export 5.0 million metric tons of wheat by sourcing the grain from government stocks, Food Minister K.V. Thomas ...
Weather, exports slam wheat futures By: Dow Jones Newswires 03/06/2013 @ 3:16pm
U.S. wheat futures settled at a fresh eight-month low Wednesday, pressured by wet weather for U.S. crops and continued concerns about weak export demand for wheat.Chicago Board of Trade March wheat futures ...
Brazil struggles to export soybeans By: Dow Jones Newswires 03/06/2013 @ 7:10am
Strikes and a law limiting truck driving is undermining Brazil's ability to export soybeans at a time when the country is on track to become the world's largest producer of the crop, according ...
Soybeans rise to 4-month highs By: Dow Jones Newswires 03/05/2013 @ 3:06pm
U.S. soybean futures rose for the second straight session Tuesday, settling at their highest level in nearly four months amid strong export demand for the oilseed.Chicago Board of Trade soybeans for March ...
Wheat slips on snowy Plains outlook By: Dow Jones Newswires 03/04/2013 @ 3:03pm
U.S. wheat futures slid to a fresh eight-month closing low Monday on wet weather set to benefit crops and on negative investor sentiment.Chicago Board of Trade March wheat futures settled down 17 1/4 cents, or ...
Analysts see higher corn carryout By: Dow Jones Newswires 03/04/2013 @ 1:55pm
The following are analysts' estimates in billions of bushels for 2012-13 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
USDA to drop stocks, analysts say By: Dow Jones Newswires 03/04/2013 @ 1:44pm
The following are analysts' estimates in millions of metric tons for 2012-13 world grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled ...
Beans rise on exports, tight supplies By: Dow Jones Newswires 02/28/2013 @ 2:56pm
U.S. soybean futures rose Thursday, boosted by new signs of strong export demand and tight supplies.Chicago Board of Trade March soybean futures settled up 16 3/4 cents, or 1.1%, at $14.74 1/4 a bushel.Signs ...
Soybeans rise on tight supply, exports By: Dow Jones Newswires 02/27/2013 @ 4:30pm
U.S. soybean futures rose Wednesday, boosted by concerns about tight supplies and a fresh sign of strong export demand.Chicago Board of Trade March soybeans settled up 9 3/4 cents or 0.7% at $14.57 1/2 a ...
Few March contract deliveries By: Dow Jones Newswires 02/27/2013 @ 1:31pm
Delivery intentions against Chicago Board of Trade March corn and soybean futures are expected to be low, as domestic supplies of the commodities remain tight months after a drought-reduced ...
Demand lifts corn futures Tuesday By: Dow Jones Newswires 02/26/2013 @ 3:22pm
U.S. corn futures rose 1.7%, to a two-week high Tuesday, as traders worried that demand for the grain is stronger than they had expected.Corn for March delivery gained 11 1/2 cents, to $7.05 a bushel at the ...
Plains snow sends wheat sledding lower By: Dow Jones Newswires 02/25/2013 @ 3:26pm
U.S. wheat futures fell to eight-month lows Monday as a winter storm brought much-needed moisture to parched wheat-growing areas in the U.S. Plains.March wheat futures declined 15 3/4 cents, or 2.2%, to $6.99 ...
DuPont Pioneer head sees growth in African grain industry By: Dow Jones Newswires 02/25/2013 @ 10:39am
Africa's farmers have the potential to emulate their South American counterparts and become a global powerhouse in agriculture, a senior executive at DuPont Co. (DD) said Friday.Big agribusiness companies ...
Brazil soybean cropsize lowered By: Dow Jones Newswires 02/25/2013 @ 7:44am
Commodities consultancy AgRural trimmed its estimate for Brazil's 2012-2013 soybean crop on Monday to 81.2 million tons because of a lack of rain in the northeastern state of Bahia. In December ...
Soybeans lead grains sliding Friday By: Dow Jones Newswires 02/22/2013 @ 3:34pm
U.S. soybean futures fell Friday, reversing course after having risen to 3 1/2-month highs earlier in the session as traders booked some profits ahead of the weekend.Chicago Board of Trade soybeans for March ...
Big corn crop & stocks ahead -- USDA By: Dow Jones Newswires 02/22/2013 @ 9:06am
Record crops are likely to boost domestic stockpiles of corn to 2.177 billion bushels at the end of the 2013-2014 marketing year, and soybean stocks are likely to total 250 million bushels, the U.S. Department ...
Rainfall boosts Argentina crops, eases drought fears By: Dow Jones Newswires 02/21/2013 @ 3:54pm
Argentina's dry fields got a respite this week, as scattered showers gave the developing soybean and corn crops a drink just in time to stem major crop losses.More relief is also on the way, with weather ...
Wheat futures dip as snow hits By: Dow Jones Newswires 02/21/2013 @ 3:13pm
U.S. wheat futures fell to a 7 1/2-month low Thursday as a major winter storm brought much-needed moisture to wheat crops in the Great Plains.March wheat futures dropped 7 1/4 cents, or 2.3%, at $7.21 1/4 a ...
USDA sees record U.S. crops By: Dow Jones Newswires 02/21/2013 @ 8:31am
U.S. farmers are likely to produce a record 14.53 billion bushels of corn and a record 3.405 billion bushels of soybeans in 2013, U.S. Department of Agriculture Chief Economist Joseph Glauber said ...
Soybeans extend rally Wednesday By: Dow Jones Newswires 02/20/2013 @ 3:52pm
U.S. soybean futures rose for the second straight session Wednesday, settling at their highest level in two weeks amid strong export demand for the oilseed.Chicago Board of Trade soybeans for March delivery ...
Soybeans surge on loads of bullish news By: Dow Jones Newswires 02/19/2013 @ 3:12pm
U.S. soybean futures jumped to a one-week high Tuesday, boosted by concerns about dryness in Argentina and strong demand for the oilseed.Chicago Board of Trade March soybeans settled up 45 3/4 cents, or 3.2% ...
U.S. wheat to Russia? By: Dow Jones Newswires 02/18/2013 @ 1:18pm
Prices of domestic Russian wheat are lower, according to data released Monday by SovEcon. Prices for third-grade milling wheat are down 1.5% at RUB11,500 per metric ton for the week ended Feb 15, while ...
Grains bounce to end week higher By: Dow Jones Newswires 02/15/2013 @ 3:46pm
U.S. grain and soybean futures finished higher Friday, fueled by technical buying and positioning before an extended holiday weekend.The unifying theme across grain and soybean futures was profit-taking, as ...
Grains firm as mid-day approaches By: Dow Jones Newswires 02/15/2013 @ 11:10am
U.S. grain and soybean futures are trading higher Friday, as traders view the markets as oversold after recent declines.The unifying theme across grain and soybean futures is profit-taking Friday, as traders ...
Argentina soybean prices ease as rains fall By: Dow Jones Newswires 02/14/2013 @ 4:38pm
Argentine soybean prices fell this week as light showers in Argentina eased dryness fears, dryer weather in Brazil eased harvest-delay fears, and slack export sales in the U.S. pulled down global prices.Spot ...
Weak exports sink soybean futures By: Dow Jones Newswires 02/14/2013 @ 3:51pm
U.S. soybean futures fell Thursday, pressured by disappointing export sales and expectations for large South American crops.Chicago Board of Trade March soybeans settled down 5 cents, or 0.4%, at $14.18 a ...
Soy crush seen rising, analysts say By: Dow Jones Newswires 02/14/2013 @ 11:41am
Soybean crush rates for January are expected to climb to 160.6 million bushels, as domestic processors crushed soybeans at a near record pace amid stout demand for soy products, according to a survey of ...
Bargain-buying boosts soybeans, wheat By: Dow Jones Newswires 02/13/2013 @ 3:00pm
U.S. grain and soybean futures closed mixed Wednesday, with bargain-hunting buying providing some underlying price support. Futures finished off earlier lows amid views among traders that recent declines were ...
Drought to support wheat prices By: Dow Jones Newswires 02/13/2013 @ 7:02am
Global wheat prices are close to bottoming out and may rise in coming months because of lingering drought in the U.S. and smaller crops in exporting countries including Australia and Russia and ...
Plains rains slam wheat futures By: Dow Jones Newswires 02/12/2013 @ 2:54pm
U.S. wheat futures fell to a seven-month low Tuesday as rain and snow eased drought conditions in the southern Plains.The wet weather combined with concerns about weak export demand to push prices lower, as ...
Cattle market hits a big rock By: Dow Jones Newswires 02/12/2013 @ 11:49am
U.S. live-cattle futures are trading lower Tuesday, weighed down by protracted weakness in beef demand and poor processing margins for meatpackers. February live-cattle futures recently were down 0.675 ...
Goldman Sachs cuts farm prices By: Dow Jones Newswires 02/12/2013 @ 6:02am
Goldman Sachs Group Inc. has slashed its grain price forecasts, citing higher-than expected forecasts for the South American soybean and corn crops from the U.S. Department of Agriculture. U.S.-based ...
Soybeans lead grains lower Monday By: Dow Jones Newswires 02/11/2013 @ 4:20pm
U.S. soybean futures fell to a three-week closing low Monday, pressured by negative technical signals and follow-through selling after a government crop report on Friday disappointed traders.Chicago Board of ...
2013 farm income outlook bright -- USDA By: Dow Jones Newswires 02/11/2013 @ 11:00am
Income on U.S. farms is expected to climb this year as crop production grows following last summer's deep drought, federal forecasters said Monday.The U.S. Department of Agriculture forecasts net farm ...
Russia bans U.S. meat and meat products By: Dow Jones Newswires 02/11/2013 @ 6:35am
Russia's consumer watchdog said Monday that an almost full ban on the U.S. imports of meat and meat products over feed additive ractopamine will apparently be lengthy, Interfax news agency ...
Profit-taking slams soybeans late By: Dow Jones Newswires 02/08/2013 @ 3:13pm
U.S. soybean futures fell to a one-week low on technical selling and profit-taking after a government crop report provided few surprises.Chicago Board of Trade March soybean futures settled down 34 1/4 cents ...
Corn sinks ahead of Friday WASDE report By: Dow Jones Newswires 02/07/2013 @ 3:03pm
U.S. corn futures fell for the fifth consecutive day Thursday, declining ahead of the U.S. Department of Agriculture's monthly world supply-and-demand report.The report is due to be issued at noon EST on ...
USDA Report Recap sheet By: Dow Jones Newswires 02/07/2013 @ 7:43am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's February world crop production and U.S. and world supply ...
S.A. rains send soybeans sliding By: Dow Jones Newswires 02/06/2013 @ 3:04pm
U.S. corn and soybean futures fell Wednesday on a wetter weather forecast for Argentina, where dry weather in the last few weeks has started to threaten crops.Chicago Board of Trade March corn futures settled ...
WASDE preview: Trade expects more corn By: Dow Jones Newswires 02/05/2013 @ 3:57pm
Analysts expect U.S. forecasters Friday to cut their estimates of demand for U.S. corn and to raise their forecast for domestic stocks of the grain.The U.S. Department of Agriculture at noon EST Friday will ...
Demand worries sink corn futures By: Dow Jones Newswires 02/05/2013 @ 3:38pm
U.S. corn futures fell Tuesday, settling at a fresh one-week low, amid concerns that demand is slumping.CBOT March corn ended down 5 1/4 cents, or 0.7%, to $7.29.Corn prices declined for the third consecutive ...
ADM sees soybean earnings By: Dow Jones Newswires 02/05/2013 @ 10:49am
Archer Daniels Midland Co.'s (ADM) fiscal second-quarter earnings surged as higher profits from soybean processing and grain trading more than offset declines in its ethanol business. The grain ...
Soybeans surge again By: Dow Jones Newswires 02/04/2013 @ 4:35pm
U.S. soybean futures rose 1.0% to a seven-week closing high on Monday as dry weather threatened to damage crops in Argentina, the world's third-largest soybean producer.Scorching heat and cloudless skies ...
USDA cattle data neutral By: Dow Jones Newswires 02/04/2013 @ 6:46am
The government's cattle inventory data released Friday were viewed as generally neutral for 2013 futures prices on Monday but somewhat supportive for the distant-traded 2014 contracts. Most of the ...
Russia eyes grain import duties By: Dow Jones Newswires 02/01/2013 @ 10:32am
Russia's economy ministry has proposed suspending import duties on grain until Aug. 1 in an effort to help bolster the supply used in grain intervention sales that have tried to stabilize domestic ...
China open to importing grain By: Dow Jones Newswires 02/01/2013 @ 7:31am
China appears to be coming to terms with its reliance on grain imports it agreed to as a condition to accession to the World Trade Organization over a decade ago, with a senior rural planning official ...
Rain needed soon in Argentina, prices react By: Dow Jones Newswires 01/30/2013 @ 4:26pm
Scorching hot weather and cloudless skies across Argentina's farm belt have farmers worried about the developing corn and soybean crops. That has pushed up grain prices as markets fret that ...
Soybeans reach 6-week high By: Dow Jones Newswires 01/30/2013 @ 4:24pm
U.S. soybean futures settled at a six-week high on Wednesday, boosted by a drier weather forecast for crops in Argentina.Chicago Board of Trade March soybeans settled up 27 cents or 1.9% at $14.78 3/4 a ...
USDA cuts safety audits on imported meat By: Dow Jones Newswires 01/25/2013 @ 2:08pm
The U.S. Department of Agriculture has cut the number of food safety audits it conducts on foreign countries that ship meat to the U.S. as part of an overhaul that the agency says will allow it to focus on the ...
Soybeans lead grains lower By: Dow Jones Newswires 01/23/2013 @ 3:16pm
U.S. soybean futures fell on Wednesday, pressured by a wetter weather forecast for Argentina and technical selling.Chicago Board of Trade March soybeans fell 14 3/4 cents, or 1%, to $14.37 a bushel.Weather ...
Cattle placements finally rising By: Dow Jones Newswires 01/23/2013 @ 10:21am
Analysts expect federal data to show a larger number of young replacement cattle were added to U.S. feedlots in December compared with a year ago, breaking a string of six consecutive months of placements ...
More quotes for int'l price index By: Dow Jones Newswires 01/23/2013 @ 6:46am
The International Grains Council has revised its popular world-wide daily grains and oilseeds index by adding more price quotations. The new quotations are from regions like Brazil, India and the Black ...
Soybeans ride S.A. weather higher By: Dow Jones Newswires 01/22/2013 @ 3:14pm
U.S. soybean futures rose 1.6% to a one-week high on Tuesday, buoyed by concerns that dry weather could hinder soy crops in South America.Traders seized on forecasts that indicate a recent pattern of drier ...
Record-high 2013 pork exports By: Dow Jones Newswires 01/22/2013 @ 2:01pm
U.S. pork exports may hit a new record this year as the global economy improves and pork production slows in Europe, according to the U.S. Meat Export Federation and several industry analysts. The ...
EU has no plans to approve GMOs By: Dow Jones Newswires 01/22/2013 @ 1:36pm
The European Union's executive body isn't planning to proceed with the approval of new genetically modified crops in the immediate future, as it seeks to strike a deal with the bloc's member ...
China soybean imports at all-time high By: Dow Jones Newswires 01/21/2013 @ 2:23pm
China's soybean imports are forecast to rise 6.8% to an all-time high of 61 million metric tons in the current marketing year ending Sept. 30, pushing up the global trade to a new record, the ...
Wheat hits 3-week high on crop concerns By: Dow Jones Newswires 01/18/2013 @ 4:12pm
U.S. wheat futures rallied to a three-week high Friday, driven by crop production worries for the winter wheat crop.The March contract ended up 10 cents, or 1.3% at $7.91 1/4 a bushel at CBOT. Kansas City ...
U.S. corn acreage rising to 99.3 mln, Informa says By: Dow Jones Newswires 01/18/2013 @ 2:14pm
Private analytical firm Informa Economics on Friday raised its outlook for U.S. corn acreage while lowering projected soybean and winter wheat plantings for 2013, traders said.Informa, a closely watched crop ...
New GM corn delayed until 2014 By: Dow Jones Newswires 01/18/2013 @ 2:03pm
Dow Chemical Co. (DOW) said a new genetically modified corn seed won't be available for U.S. farmers until at least the 2014 growing season, as the company is still awaiting regulatory approval.The ...
Grain markets fall on profit-taking By: Dow Jones Newswires 01/17/2013 @ 4:35pm
U.S. grain and soybean futures fell Thursday, pressured by profit-taking after recent gains. Chicago Board of Trade March corn futures settled down 6 3/4 cents, or 0.9%, at $7.24 1/2 a bushel. "The unifying ...
Plant news drops cattle prices the limit By: Dow Jones Newswires 01/17/2013 @ 1:03pm
Cargill Inc., one of the world's largest beef producers, said it will close a Texas processing plant due to dwindling cattle supplies caused by drought in the central U.S. The Minnesota-based ...
Ethanol production lowest on record By: Dow Jones Newswires 01/16/2013 @ 9:58am
U.S. ethanol production fell 5.1% to 784,000 barrels a day in the week through Friday, the lowest level on record, data from the U.S. Energy Information Administration showed Wednesday. The figure was the ...
Vilsack staying on as USDA chief By: Dow Jones Newswires 01/14/2013 @ 1:34pm
Tom Vilsack will keep his job as head of the U.S. Department of Agriculture for a second term under President Barack Obama, White House and USDA officials said Monday.Mr. Vilsack, a former Iowa governor, led ...
Corn, wheat ride USDA data higher By: Dow Jones Newswires 01/11/2013 @ 3:21pm
Corn and wheat futures prices jumped Friday after U.S. forecasters projected tighter-than-expected domestic supplies of the grains this year.The U.S. Department of Agriculture said farmers last year harvested ...
USDA boosts pork output, slides prices By: Dow Jones Newswires 01/11/2013 @ 1:13pm
The U.S. Department of Agriculture raised its projection for 2013 pork output and export sales in its latest World Supply and Demand outlook report released Friday, while lowering its forecast on hog prices ...
Corn gains as traders trim risk By: Dow Jones Newswires 01/10/2013 @ 3:12pm
U.S. corn futures closed higher Thursday, their fourth straight day of gains, as traders continued to reduce risk ahead of Friday's government crop reports.Chicago Board of Trade March corn rose 4 1/2 ...
Argentina soy prices ease on prospects for bumper SA crop By: Dow Jones Newswires 01/10/2013 @ 2:36pm
Argentine soybean prices fell over the past week on expectations that South America is on track for record crops this season.Spot soybeans sold for 1,780 Argentine pesos per ton ($356) at the Rosario Grain ...
USDA Reports sheet By: Dow Jones Newswires 01/10/2013 @ 1:33pm
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's January annual crop production, winter wheat seedings, grain ...
China soybean imports up 11% By: Dow Jones Newswires 01/10/2013 @ 6:37am
China imported record volumes of industrial and agricultural commodities last year, shrugging off a late-summer slowdown as domestic demand rebounded toward the end of the year. China is the world's ...
Corn jumps on demand, USDA positioning By: Dow Jones Newswires 01/09/2013 @ 3:02pm
U.S. corn futures rose Wednesday, boosted by concerns about tight supplies and expectations for the federal government to trim its estimate of domestic corn production last year.Chicago Board of Trade March ...
USDA positioning sends grains higher By: Dow Jones Newswires 01/08/2013 @ 3:17pm
US corn futures settled higher Tuesday on pre-crop report positioning. Futures drew support from traders shedding risk before Friday's closely watched USDA crop reports. Short covering and bargain hunting ...
Survey: U.S. Dec. 1 grain stock estimates By: Dow Jones Newswires 01/08/2013 @ 3:04pm
The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of Dec. 1, 2012, as compiled by Dow Jones. The U.S. Department of Agriculture is scheduled to ...
USDA seen lowering corn output By: Dow Jones Newswires 01/08/2013 @ 2:58pm
Analysts expect U.S. government forecasters to trim their estimate of the size of last year's corn crop, while increasing their estimate of soybean production. The U.S. Department of Agriculture at ...
SA seed sales boost Monsanto By: Dow Jones Newswires 01/08/2013 @ 7:46am
First quarter used to be a quiet one for Monsanto (MON), but the seed company makes noise this time, easily besting analyst expectations on strong corn seed sales in South America. Earnings more than ...
Soybeans rise on tech buying By: Dow Jones Newswires 01/07/2013 @ 3:28pm
U.S. soybean futures rose Monday, boosted by technical buying and concerns that recent price declines were overdone.Chicago Board of Trade March soybean futures settled up 21 1/4 cents or 1.6% at $13.88 1/2 a ...
A fiscal cliff soybean gift By: Dow Jones Newswires 01/02/2013 @ 1:16pm
The tax bill headed to the president for his signature Wednesday includes a number of late Christmas gifts for the alternative-energy industry. The headline-grabbing provision extended a tax credit for ...
Corn export inspections fall By: Dow Jones Newswires 12/31/2012 @ 12:13pm
For the week ending Dec 27, in thousand metric tons. Includes waterway shipments to Canada. Grain -------week ending------- current previous Dec 27 Dec 20 ...
USDA to introduce animal tracking system By: Dow Jones Newswires 12/21/2012 @ 6:41am
A new mandatory livestock monitoring system aimed at helping government officials pinpoint sick animals in the event of a disease outbreak, will begin in February, according to the U.S. Department of ...
99.0 million U.S. corn acres? By: Dow Jones Newswires 12/19/2012 @ 11:49am
Private analytical firm Informa Economics on Wednesday raised its outlook for U.S. corn acreage while lowering projected soybean and winter wheat plantings for 2013, traders said.Informa, a closely watched ...
First Argentine corn to China By: Dow Jones Newswires 12/18/2012 @ 1:30pm
Argentina has sent its first shipment of corn to China under a bilateral accord inked earlier this year. Two containers totalling 48.1 metric tons were delivered to Qingdao by South American farming company ...
Russia's grain stocks tighten By: Dow Jones Newswires 12/18/2012 @ 10:25am
Grain stocks in Russia this year are considerably lower than last year as drought conditions resulted in a poor harvest. Russian stocks of grain--which consist mainly of wheat, but also include barley and ...
Little cheer in macroeconomic reports By: Dow Jones Newswires 12/17/2012 @ 7:17am
The last full week of U.S. economic data in 2012 is expected to offer investors limited cheer. The flurry of reports will include indicators from all fronts. That includes a final read on the prior ...
Soy crush expected to hit record level By: Dow Jones Newswires 12/13/2012 @ 1:49pm
Soybean-crush rates for November are expected to climb to 157.4 million bushels, as domestic processing surged amid robust demand for soy products, according to a survey of industry analysts. The ...
Thumbs up for Argentina's crop conditions By: Dow Jones Newswires 12/12/2012 @ 10:48am
Despite a lashing of heavy showers over the past three months, Argentina's crop conditions are generally good across much of the farm belt, with the stage set for record corn and soybean ...
Argentina soybeans OK despite rain By: Dow Jones Newswires 12/12/2012 @ 8:16am
Despite a lashing of heavy showers over the past three months, Argentina's crop conditions are generally good across much of the farm belt, with the stage set for record corn and soybean production.The ...
World buyers overlook U.S. corn By: Dow Jones Newswires 12/12/2012 @ 6:05am
South Korea's largest animal feed manufacturer Nonghyup Feed Inc. Wednesday bought four cargoes of corn totalling 238,000 metric tons, on a cost and freight basis, for arrival in April and May ...
USDA soybean stocks to drop, analysts say By: Dow Jones Newswires 12/10/2012 @ 11:54am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's December supply and demand report. The report is scheduled for ...
Cash cattle sales seen quiet By: Dow Jones Newswires 12/10/2012 @ 8:29am
Cash cattle markets across the Plains and western corn belt are expected to be quiet throughout the day following Friday's sales. Prices were weaker Friday while volume of sales varied. In ...
Corn, soybeans fall hard Friday By: Dow Jones Newswires 12/07/2012 @ 3:14pm
U.S. corn futures fell 1.9% Friday on renewed worries about weak export demand and technically based selling.Corn has been pressured for weeks by concerns that high prices have curbed demand for the grain, and ...
Fading El Nino will boost Argentina crops By: Dow Jones Newswires 12/07/2012 @ 2:51pm
Argentina is on track for bumper crops this season, although quality will suffer and isolated areas will see output affected by the fading El Nino weather pattern, Buenos Aires Cereals exchange weather analyst ...
Exports send soybeans up, corn down By: Dow Jones Newswires 12/06/2012 @ 2:59pm
Government reports on weekly export sales produced mixed reactions for U.S. corn and soybean futures Thursday.Higher-than-expected sales propelled soybean futures to fresh four-week highs, while ...
Soybeans jump on more Argentina rain By: Dow Jones Newswires 12/05/2012 @ 3:06pm
U.S. soybean futures jumped Wednesday amid strong export demand and concerns about unfavorable weather for soy planting in parts of Argentina.Futures settled at their highest levels in 3 1/2 weeks. Chicago ...
Grains end mixed as traders shed risk By: Dow Jones Newswires 12/04/2012 @ 2:58pm
U.S. grain and soybean futures ended mixed Tuesday, pressured by selling from investors seeking to cut their exposure to risk amid a lack of news affecting fundamentals.Corn, wheat and soybean futures fell for ...
Record-high U.S. corn plantings in 2013 By: Dow Jones Newswires 12/04/2012 @ 7:56am
U.S. corn acreage will rise to an all-time high of 97.6 million acres in 2013 as farmers try to capitalize on high prices, Rabobank says in a report. U.S. Department of Agriculture estimates corn plantings in ...
Soybeans rise on Argentina rains By: Dow Jones Newswires 12/03/2012 @ 3:02pm
U.S. soybean futures rose 1% Monday, as heavy rains delayed the planting of a new soy crop in parts of Argentina.The delays are sparking concerns among traders that Argentina, the world's third-largest ...
Wheat sinks on high delivery numbers By: Dow Jones Newswires 11/30/2012 @ 3:18pm
U.S. wheat futures dropped Friday, pressured by higher-than-expected deliveries of wheat against futures at the Chicago Board of Trade.CBOT December wheat settled down 24 1/2 cents, or 2.8%, at $8.44 3/4 a ...
Global soybean output raised By: Dow Jones Newswires 11/30/2012 @ 7:03am
The London-based International Grains Council Friday revised up its forecast for global soybean output in the current marketing year due to higher-than-expected yields in the U.S. and an expected record ...
Exports trip up corn, wheat futures By: Dow Jones Newswires 11/29/2012 @ 3:13pm
U.S. corn and wheat futures settled lower Thursday amid renewed worries about sluggish export demand.The drop came after the U.S. Department of Agriculture said net export sales of corn and wheat in the week ...
Wheat leads grains in mixed session By: Dow Jones Newswires 11/28/2012 @ 3:09pm
U.S. wheat futures rose Wednesday, boosted by concerns about drought in the Great Plains and other threats to world wheat crops.Chicago Board of Trade wheat for December delivery settled up 3 cents, or 0.3% ...
U.S. loses more exports By: Dow Jones Newswires 11/28/2012 @ 7:19am
Japan's imports of feed-grade corn from Brazil will likely rise almost five-fold to 3 million metric tons in the current financial year that ends March 31, a senior Zen-Noh trading executive said ...
Ukraine to continue wheat exports By: Dow Jones Newswires 11/28/2012 @ 6:49am
Ukraine will to continue export wheat despite reaching the 5.5 million metric tons exports limit set by the government for the current marketing year, Deputy Agriculture Minister Ivan Bisyuk said in Kiev ...
Farm income slipping 3.3% -- USDA By: Dow Jones Newswires 11/27/2012 @ 3:50pm
The U.S. government said it expects income on American farms to decline this year but remain near historically high levels.The U.S. Department of Agriculture on Tuesday forecast net farm income to be $114 ...
Wheat jumps amid crop worries By: Dow Jones Newswires 11/27/2012 @ 3:13pm
U.S. wheat futures rose about 3% to a two-week closing high Tuesday, buoyed by concerns about unfavorable weather conditions for crops growing in the U.S. Great Plains.March wheat futures climbed 24 3/4 cents ...
China to import more wheat By: Dow Jones Newswires 11/27/2012 @ 7:06am
China's wheat imports are rising, and will likely grow 10% next year to 3 million metric tons, a senior official at an institute affiliated to the country's Ministry of Agriculture said ...
ConAgra Foods becomes largest foodmaker By: Dow Jones Newswires 11/27/2012 @ 6:59am
ConAgra Foods Inc. (CAG) has agreed to buy private-label producer Ralcorp Holdings Inc. (RAH) in a deal that will create one of the largest foodmakers in North America, valuing Ralcorp at about $4.95 ...
Tech trading sends soybeans higher By: Dow Jones Newswires 11/26/2012 @ 3:52pm
U.S. soybean futures rose Monday, boosted by technical buying and uncertainty about the weather for South America's soy crop.Chicago Board of Trade soybean futures for January delivery settled up six ...
Canada seeks free trade with S.Korea By: Dow Jones Newswires 11/26/2012 @ 7:55am
Canada is preparing to revive long-stalled free trade talks with South Korea as the federal government shifts its negotiating focus from Europe to fast-growing Asia. A Canadian team is in Tokyo this week ...
UK farm incomes plateauing in 2013 By: Dow Jones Newswires 11/26/2012 @ 7:53am
U.K. farm incomes are expected to plateau in 2013 as supply of agricultural commodities generally increases in response to current high prices, HSBC Holdings PLC (HBC) said Monday, which means farmers must ...
Corn slips in choppy pre-holiday trade By: Dow Jones Newswires 11/21/2012 @ 3:09pm
U.S. corn futures fell on Wednesday, pressured by a fall in ethanol production and technical trading ahead of the Thanksgiving holiday.Chicago Board of Trade corn futures for December delivery settled down 2 ...
Soybeans lead grains higher By: Dow Jones Newswires 11/20/2012 @ 4:16pm
U.S. grain futures ended higher Tuesday, led by soybeans amid technical buying in light-volume, pre-holiday trade.Soybeans for January delivery at the Chicago Board of Trade closed up 18 cents to $14.12 3/4 a ...
Corn rises on export optimism By: Dow Jones Newswires 11/19/2012 @ 3:15pm
U.S. corn futures rose Monday, boosted by favorable outside markets and hopes for greater export demand for U.S. corn.Chicago Board of Trade December corn futures settled up 11 3/4 cents or 1.6% at $7.38 3/4 a ...
Soybeans slip on weather, cancelled orders By: Dow Jones Newswires 11/16/2012 @ 3:43pm
U.S. soybean futures fell to a fresh five-month low Friday, pressured by a positive outlook for South American crops and by China canceling previous orders for U.S. soybeans.Soybean futures for January ...
EPA denies ethanol waiver requests By: Dow Jones Newswires 11/16/2012 @ 10:28am
The Environmental Protection Agency has decided to move forward with a mandate for corn ethanol in gasoline, denying requests to suspend the requirement following a drought that drove up corn ...
Soybeans drift lower on S.A. weather By: Dow Jones Newswires 11/15/2012 @ 3:27pm
U.S. soybean future prices fell to a fresh low Thursday, pressured by the potential for large soy crops in South America.Chicago Board of Trade January soybean futures fell 17 cents or 1.2% to $14.02 a bushel ...
Record Argentina soybean area By: Dow Jones Newswires 11/15/2012 @ 11:56am
Argentina's soybean area in the 2012-13 season is likely to reach a record 19.36 million hectares, up from 18.67 million hectares last season, the Agriculture Ministry said in its weekly crop report ...
Soybeans rise on strong demand By: Dow Jones Newswires 11/14/2012 @ 3:45pm
U.S. soybean futures rose Wednesday, rebounding from sharp declines earlier in the week as lower prices for the oilseed rekindled strong demand from domestic processors and foreign importers.An export sale to ...
$9 corn in next 6 months, firm says By: Dow Jones Newswires 11/14/2012 @ 9:44am
U.S. corn prices could hit $9 a bushel in the next six months as a result of the U.S. drought, which could potentially reduce corn supplies by as much as 2.1 billion bushels this crop year, Dan Basse ...
Global wheat crop to fall, firm says By: Dow Jones Newswires 11/14/2012 @ 6:10am
Global wheat production during the 2012-13 crop year is forecast to fall to 649.30 million metric tons from 695.69 million tons a year earlier, a prominent U.S. commodities analyst said Wednesday. Dan ...
Corn rises on export news By: Dow Jones Newswires 11/13/2012 @ 3:46pm
U.S. wheat futures fell Tuesday, pressured by tepid wheat demand and overall weakness in grain and soy markets.Chicago Board of Trade December wheat futures settled down 6 3/4 cents, or 0.8%, at $8.51 a ...
Speculative selling sinks soybeans By: Dow Jones Newswires 11/12/2012 @ 3:25pm
U.S. soybean futures tumbled 3% to five-month lows Monday, as selling continued after a government forecast for a bigger U.S. soy crop.Grain futures fell along with soybeans Monday, pressured by speculative ...
Global grain market? You betcha By: Dow Jones Newswires 11/12/2012 @ 11:58am
Omtron USA, which owns defunct North Carolina poultry processor Townsends Inc., filed for Chapter 11 bankruptcy Friday, the second poultry producer to do so in as many months. The subsidiary of ...
China to boost soybean imports By: Dow Jones Newswires 11/11/2012 @ 1:25pm
China's October soybean imports fell 19% from a month earlier to 4.03 million tons, but were stronger than the 2 million-3 million tons market participants had expected, as traders booked cargoes on ...
Soybeans sink on bearish USDA data By: Dow Jones Newswires 11/09/2012 @ 3:09pm
U.S. soybean futures fell on Friday after the U.S. Department of Agriculture forecast a larger-than-expected national soybean harvest.Chicago Board of Trade November soybean futures, thinly traded ahead of the ...
Drought to hurt farm loan quality, bank says By: Dow Jones Newswires 11/09/2012 @ 2:18pm
CoBank on Friday cautioned that it expects the quality of its agricultural loan portfolio to decline over the next few months as the impact of the prolonged drought spreads through the U.S. farming ...
Japan buys U.S. corn after Brazil delays By: Dow Jones Newswires 11/09/2012 @ 7:11am
Japan has bought at least 500,000 metric tons of U.S. feed-grade corn for January-March shipment, stepping up purchases from the world's top exporter despite higher costs compared with Brazilian corn, as ...
Japan buys U.S. corn over Brazil By: Dow Jones Newswires 11/09/2012 @ 6:58am
Japan has bought at least 500,000 metric tons of U.S. feed-grade corn for January-March shipment, stepping up purchases from the world's top exporter despite higher costs compared with Brazilian ...
Grains end mixed, await USDA data By: Dow Jones Newswires 11/08/2012 @ 3:53pm
U.S. grain and soy futures ended mixed in light trading Thursday, as traders positioned themselves for Friday's crop reports from federal forecasters.Wheat futures posted the strongest finish, boosted by ...
Weather worries push wheat higher By: Dow Jones Newswires 11/07/2012 @ 3:23pm
U.S. wheat futures rose 1.9% to a one-month closing high Wednesday, buoyed by concerns about unfavorable weather for crops growing in the U.S. and abroad.Traders cited concerns ranging from dry weather in the ...
Floods trim Argentina's corn outlook By: Dow Jones Newswires 11/07/2012 @ 11:37am
Too much rain over the past two months has delayed Argentina's corn planting and trimmed 1 million to 2 million metric tons from potential output, the president of corn grower association, Maizar, ...
More soybeans in Friday's reports? By: Dow Jones Newswires 11/07/2012 @ 9:45am
Analysts expect U.S. government forecasters to raise their estimate for domestic soybean production Friday and to trim their corn projection.Analysts on average expect the U.S. Department of Agriculture, in a ...
Cash hog prices seen falling Wednesday By: Dow Jones Newswires 11/07/2012 @ 7:21am
Cash-hog bids in the Midwest are expected to range from flat to about 50c/hundredweight lower on sluggish packer demand. While processing margins remain positive, packers may have problems selling pork ...
Subsidy cuts despite election By: Dow Jones Newswires 11/07/2012 @ 7:04am
U.S. growers are expected to see a cut in farm subsidies regardless of the election results due later Wednesday, analysts say. Due to budgetary constraints, the government has already proposed cuts in ...
Soybeans slump on S.A. improvements By: Dow Jones Newswires 11/05/2012 @ 2:57pm
U.S. soybean futures fell Monday, pressured by improving expectations for crops in the U.S. and South America.Chicago Board of Trade November soybean futures, thinly traded ahead of the contract's ...
USDA to show more soybeans, survey says By: Dow Jones Newswires 11/05/2012 @ 2:53pm
The following are analysts' estimates in billions of bushels for 2012 U.S. corn and soybean production based on conditions as of Novembber 1, as compiled by Dow Jones Newswires. The U.S. Department ...
Post-election rally expected, strategists say By: Dow Jones Newswires 11/05/2012 @ 11:12am
Many bank strategists think Tuesday's U.S. elections could be positive for stocks, as they have historically gained after close presidential races, regardless of the winner.Equity markets have rallied an ...
Traders eye USDA Reports By: Dow Jones Newswires 11/05/2012 @ 10:01am
U.S. soybean futures are lower Monday, as traders curb risk amid uncertainty ahead of Friday's crop forecasts from the Department of Agriculture. Chicago Board of Trade soybeans for November delivery ...
Outside money lightens up corn By: Dow Jones Newswires 11/05/2012 @ 7:05am
Money managers sharply cut their net long positions in Chicago Board of Trade corn and wheat futures in the latest week, government data showed Friday. Managed funds, including large hedge funds, held a ...
Corn futures slip on sluggish exports By: Dow Jones Newswires 11/02/2012 @ 3:11pm
Corn futures fell Friday, pressured by the latest in a string of lackluster export-sales reports for the U.S. crop.Corn for December delivery declined 11 1/2 cents, or 1.5%, to $7.39 1/2 a bushel at the ...
Demand keeps soybeans rising By: Dow Jones Newswires 11/01/2012 @ 3:01pm
U.S. soybean futures rose Thursday, fueled by robust demand and strong cash markets.Futures extended the week's rebound from recent losses, as firmed-up U.S. cash markets attracted new buying. Cash ...
Argentina farmers hoping for dryness By: Dow Jones Newswires 11/01/2012 @ 2:45pm
Argentina's farmers are starting to worry they're getting too much of a good thing after an unrelenting series of storms that soaked the farm belt in recent months delays planting.With corn and ...
Corn rallies on exports, S.A. rainfall By: Dow Jones Newswires 10/31/2012 @ 3:26pm
U.S. corn futures rallied Wednesday to one-week highs, fueled by positive technical signals and concerns about delayed crop plantings in South America due to heavy rainfall.Corn prices bounced back from recent ...
Food production could cause 29% of greenhouse emissions - study By: Dow Jones Newswires 10/31/2012 @ 2:34pm
Food production accounts for almost a third of global greenhouse gas emissions, more than twice the amount the United Nations has estimated comes from farming, according to studies published Wednesday, while ...
Technical analysis: corn, wheat futures By: Dow Jones Newswires 10/30/2012 @ 9:34am
DECEMBER CBOT CORN, combined pit and electronic tradingDecember Chicago Board of Trade corn futures closed little changed Monday, as much of the financial trading community ground to a halt as Hurricane Sandy ...
A soybean bounce in store Tuesday? By: Dow Jones Newswires 10/30/2012 @ 8:20am
November CBOT soybean futures plunged sharply lower Monday pressured by a weather forecast from Brazil calling for rain in the northern soybean growing regions. The rain is expected to strengthen the newly ...
Sandy weighs on livestock prices By: Dow Jones Newswires 10/29/2012 @ 3:42pm
U.S. live-cattle futures ended mixed Monday, as traders weighed a tightening of cattle supplies against expectations that Hurricane Sandy could disrupt beef shipments and reduce near-term consumer demand on ...
Beans fall on S.A. rain forecast By: Dow Jones Newswires 10/29/2012 @ 3:36pm
U.S. soybean futures fell Monday, pressured by favorable weather for South American soy crops.Chicago Board of Trade November soybeans settled down 34 cents, or 2.2%, at $15.27 1/4 a bushel, a more than ...
Grains drift lower Friday By: Dow Jones Newswires 10/26/2012 @ 3:49pm
Grain and soybean futures drifted lower Friday, as investors took a conservative approach ahead of the weekend amid concerns about sluggish export demand for U.S. crops.Futures also were pressured Friday by a ...
SA planting pace may boost corn, soy By: Dow Jones Newswires 10/26/2012 @ 9:25am
Corn and soybean futures prices don't accurately reflect production risks in South America, where planting has had a slow start, Rabobank says. While it's still possible USDA's "optimistic" ...
Weak export demand sinks grains By: Dow Jones Newswires 10/25/2012 @ 3:14pm
U.S. corn futures fell 1.7% Thursday on renewed worries about weak export demand.Corn futures for December delivery fell 12 1/2 cents to $7.42 a bushel at the Chicago Board of Trade.The drop came after the ...
Argentina's soy planting starts slowly By: Dow Jones Newswires 10/25/2012 @ 3:08pm
Argentina's 2012-13 soybean planting is kicking off in fits and starts, as a series of recent heavy rains has slowed progress, the Buenos Aires Cereals Exchange said in its weekly crop report ...
Ukraine ban stokes wheat futures By: Dow Jones Newswires 10/24/2012 @ 3:27pm
U.S. wheat futures jumped Wednesday after Ukraine said it would ban exports of its dwindling wheat supplies.Chicago Board of Trade December wheat futures settled up 15 1/4 cents or 1.8% at $8.84 a bushel. KCBT ...
Soybeans bounce late, force mixed close By: Dow Jones Newswires 10/23/2012 @ 3:34pm
U.S. soybean futures ended higher Tuesday, recovering from early losses, as strong underlying demand for the crop offset pressure from slumping outside markets.Chicago Board of Trade soybeans for November ...
U.S. ethanol output to drop, analyst says By: Dow Jones Newswires 10/23/2012 @ 7:36am
U.S. production of ethanol is expected to decline by 5.7% this year because of a tighter supply of and higher prices for corn, the basic raw material, a bioenergy analyst said Tuesday. The worst drought ...
Questions surround pre-USDA report CME trading By: Dow Jones Newswires 10/23/2012 @ 7:30am
Expanded CME trading hours have put lots of people on edge about the release of USDA grains reports -- including CME itself. Gerald Bange, who heads USDA's supply and demand reports, says that after the ...
USDA struggles with early harvest data By: Dow Jones Newswires 10/23/2012 @ 7:28am
An ever-earlier corn harvest is causing headaches for grains analysts and statisticians. At an industry conference in Chicago, analysts pepper USDA officials with questions about how they account for grain ...
Soybeans rise on cash, export markets By: Dow Jones Newswires 10/22/2012 @ 2:47pm
U.S. soybean futures rose Monday, boosted by strong cash markets and the latest sign of strong export demand.Chicago Board of Trade November soybean futures rose 12 1/4 cents, or 0.8%, to $15.46 1/2 a ...
Bulls seen lining up for wheat By: Dow Jones Newswires 10/22/2012 @ 7:41am
Reduced availability of wheat from the drought-hit Black Sea region will likely push prices higher, prompting buyers to turn to suppliers in other regions, including the U.S., India, Australia and ...
USDA cattle data bullish By: Dow Jones Newswires 10/19/2012 @ 3:28pm
The number of cattle placed into U.S. feedlots in September fell 18.8% compared with a year earlier, a steeper drop than analysts expected.The U.S. Department of Agriculture monthly cattle-on-feed report ...
Wheat jumps on Ukraine stocks worries By: Dow Jones Newswires 10/19/2012 @ 3:09pm
U.S. wheat futures rose Friday after Ukraine said it may run out of supplies for export next month, fueling hopes for increased demand for U.S. supplies.Chicago Board of Trade December wheat futures settled up ...
U.S. soybeans = 80 million acres, firm says By: Dow Jones Newswires 10/19/2012 @ 11:01am
U.S. farmers are likely to plant 80 million acres of soybeans and 97.5 million acres of corn next year, closely watched crop forecaster Informa Economics Inc. said Friday, according to traders.Informa said the ...
Fertilizer demand rising after sub-par harvest By: Dow Jones Newswires 10/19/2012 @ 10:51am
Tight global grain supply after poor harvests this year should help boost demand for fertilizer in coming quarters, said the chief executive of Norwegian producer Yara International ASA (YAR.OS) Friday, after ...
Ukraine admits wheat shortage By: Dow Jones Newswires 10/19/2012 @ 9:18am
Ukraine's exportable wheat stocks may be exhausted by around Nov. 15-20, the agriculture ministry said Friday, and traders must be cautious about concluding new contracts. Ukraine has experienced a ...
Argentina's corn price attracts buyers By: Dow Jones Newswires 10/19/2012 @ 7:55am
Argentine corn prices eased this week from the sky-high values seen recently, leading exporters to jump into the market with heavy buying. March 2013 corn contracts sold for $190 a metric ton, down from ...
Brazil to raise record-large corn crop By: Dow Jones Newswires 10/19/2012 @ 6:46am
Brazil's corn production is expected to rise slightly to a record 74 million metric tons in 2012-2013, according to the U.S. Department of Agriculture's Brasilia attache, even as farmers shift ...
Soybeans rise on tight supplies By: Dow Jones Newswires 10/18/2012 @ 3:58pm
U.S. soybean futures jumped Thursday on a mix of technical buying, short-covering and concerns about tight supplies.Chicago Board of Trade November soybeans settled up 36 1/4 cents or 2.4% at $15.45 1/2 a ...
Soy, grains rise on supply worries By: Dow Jones Newswires 10/17/2012 @ 3:25pm
U.S. grain and soybean futures rose Wednesday, boosted by a mix of technical buying and worries about tight supplies.Chicago Board of Trade November soybeans settled up 15 1/2 cents, or 1.0%, at $15.09 1/4 a ...
No Monsanto tech fee in Brazil By: Dow Jones Newswires 10/17/2012 @ 9:17am
Biotechnology firm Monsanto Co. (MON) will stop charging royalties in Brazil for the use of its Roundup Ready soybean seeds and Bollgard cotton seeds, the agricultural federation of top grains state Mato ...
Corn buyers remain on sidelines By: Dow Jones Newswires 10/17/2012 @ 6:20am
Despite recent declines in corn prices and the prospect of tight supply in the United States that is expected to push up prices, some traders in Asia are in no hurry to buy, as prices are still deemed to be ...
Cash hogs seen flat By: Dow Jones Newswires 10/16/2012 @ 7:50am
Pork processors are expected to pay generally steady, or flat, prices for hogs today amid good buying interest for supplies to complete this week's slaughter schedules. Early projections for ...
Coca-Cola ups contract farming practices By: Dow Jones Newswires 10/16/2012 @ 6:14am
Coca-Cola Co. (KO) is using more corn-based sweeteners in its products in a bid to cut costs and is planning a large expansion of its contract farming portfolio to include commodities such as coffee, tea ...
Global food demand stays strong - Cargill executive By: Dow Jones Newswires 10/15/2012 @ 4:09pm
World demand for food remains strong despite economic weakness around the world, according to Gregory Page, chairman and chief executive of food giant Cargill Inc.People around the world clearly want to ...
Soybeans fall to 3-month low By: Dow Jones Newswires 10/15/2012 @ 3:58pm
U.S. soybean futures fell Monday as improved expectations for crops in the U.S. and South America led speculative funds to sell futures.Chicago Board of Trade November soybeans fell 30 cents, or 2%, to $14.92 ...
Wheat falls on demand concerns By: Dow Jones Newswires 10/12/2012 @ 3:27pm
U.S. wheat futures settled lower Friday on concerns about weak export demand for U.S. wheat and government forecasts for greater world supplies than analysts had expected.Chicago Board of Trade December wheat ...
Tyson to launch farm audit for animal treatment By: Dow Jones Newswires 10/12/2012 @ 2:09pm
Tyson Foods (TSN) plans to launch a program that would audit the treatment of animals at livestock and poultry farms that supply it. "We believe the farmers who supply us are the best in the world, and I think ...
Traders take profits overnight By: Dow Jones Newswires 10/12/2012 @ 8:29am
US grain and soybean futures are trading lower, pressured by traders taking profits after Thursday's strong gains. Investors are taking some profits off the table ahead of the weekend, cautious of ...
Ag lending a bright spot in economy By: Dow Jones Newswires 10/11/2012 @ 3:01pm
While economic uncertainty is threatening to slow business expansion and loan demand, the banks that begin reporting third-quarter earnings later this week will likely reveal at least one sector where ...
Corn, soy rally on tight supplies By: Dow Jones Newswires 10/11/2012 @ 2:49pm
Corn and soybean prices rallied Thursday after the U.S. government projected tighter supplies than analysts had expected for the two commodities.Chicago Board of Trade December corn futures settled up 36 1/2 ...
USDA raises soy forecast, lowers corn By: Dow Jones Newswires 10/11/2012 @ 9:44am
U.S. forecasters Thursday boosted their estimates for the size of this fall's soybean harvest, as rainfall late in the growing season mitigated the impact of a severe drought.The Department of Agriculture ...
Exports buoy soymeal cash basis By: Dow Jones Newswires 10/10/2012 @ 2:15pm
Strong U.S. soymeal export demand is buoying cash basis levels, as depleted South American supplies turn world importers to the U.S.Soymeal prices on U.S. cash markets, where the product is sold for spot ...
Grain, soy mixed, cautious By: Dow Jones Newswires 10/10/2012 @ 10:32am
US grain and soybean futures carry mixed overnight theme into open outcry trade. Market participants remain cautious of taking on risk ahead of Thursday's crop estimates from government crop forecasters ...
Beans drift lower awaiting report By: Dow Jones Newswires 10/10/2012 @ 9:06am
U.S. soybean futures are trading lower for the third straight session Wednesday, as traders anticipate higher supply estimates from government forecasters in crop reports Thursday.Chicago Board of Trade ...
Farmers advance corn, soy harvest By: Dow Jones Newswires 10/09/2012 @ 4:35pm
Farmers had little trouble advancing the U.S. corn and soybean harvests last week, aided by generally dry weather.Farmers have removed 69% of the corn crop and 58% of the soybean crop as of Sunday, according ...
Grains, soy mixed before report By: Dow Jones Newswires 10/09/2012 @ 2:56pm
U.S. grain and soy futures ended flat to slightly higher in quiet trading Tuesday, as market participants positioned themselves ahead of government crop reports due Thursday.Wheat futures posted the strongest ...
Grains mixed as attention turns to USDA By: Dow Jones Newswires 10/08/2012 @ 3:45pm
U.S. grain and soybean futures finished mixed Monday, as traders took a conservative approach ahead of Thursday's government forecasts for crop supplies and demand.Trading volumes were light as market ...
Soybeans jump on exports, investors By: Dow Jones Newswires 10/04/2012 @ 3:16pm
Soybean futures rose Thursday, buoyed by a government report showing strong export demand for the U.S. crop.Prices also benefited from traders buying soybeans based on positive technical signals.Chicago Board ...
Record Argentina soy crop too By: Dow Jones Newswires 10/04/2012 @ 12:02pm
Argentina's farmers are gearing up for a record soybean crop this season as high global prices and promising weather stoke planting, according to the Buenos Aires Cereals Exchange. Planting area is ...
Soybeans rebound, grains end mixed By: Dow Jones Newswires 10/03/2012 @ 3:04pm
U.S. soybean futures settled mixed Wednesday after lower prices attracted buying interest, but expectations for a larger crop limited gains.Chicago Board of Trade soybeans for November delivery settled up 1 ...
Soybeans hit 3-month lows on yields, technicals By: Dow Jones Newswires 10/02/2012 @ 2:51pm
U.S. soybean futures fell to a three-month closing low Tuesday on improving expectations for the U.S. crop and negative technical signals.Chicago Board of Trade November soybeans settled down 29 3/4 cents, or ...
China taking steps to boost ag output By: Dow Jones Newswires 10/02/2012 @ 12:40pm
The United Nations' food organization said Tuesday it has signed an agreement with China to bolster joint efforts to defeat hunger, increase agricultural production and improve rural livelihoods.The ...
Soybean futures shed Friday gains By: Dow Jones Newswires 10/01/2012 @ 3:27pm
U.S. soybean futures fell Monday, shedding Friday's gains, as traders focused on greater-than-expected supply outlooks.Soybeans for November delivery dropped 40 3/4 cents, or 2.6%, to $15.60 1/4 a bushel ...
Brazil's next crop to jump 19% By: Dow Jones Newswires 10/01/2012 @ 12:09pm
Brazilian agriculture consultancy Celeres on Monday raised its forecast for the country's 2012-13 soybean crop on expectations for more planted acreage. Celeres estimates Brazil will produce 79.08 ...
Corn jets limit-up on tight stocks By: Dow Jones Newswires 09/28/2012 @ 2:41pm
U.S. corn futures jumped by their exchange-imposed daily limit Friday, after the U.S. Department of Agriculture reported lower-than-expected domestic inventories of the grain.Corn futures for December delivery ...
Corn falls on weak exports, USDA positioning By: Dow Jones Newswires 09/27/2012 @ 3:18pm
U.S. corn futures fell 1.2% on Thursday to a fresh three-month low, as a weak export-sales report underscored soft demand for the U.S. crop.The decline in corn prices, which are down 10.8% for the month, also ...
Tighter corn stocks expected By: Dow Jones Newswires 09/27/2012 @ 10:54am
The U.S. Department of Agriculture on Friday is likely to report tighter domestic inventories of corn than it previously projected, according to analysts polled by Dow Jones Newswires.Analysts on average ...
Grains slide on continued harvest pressure By: Dow Jones Newswires 09/26/2012 @ 3:13pm
U.S. corn and soybean futures fell Wednesday to three-month lows, buffeted by a seasonal increase in supplies and weakness in other commodity markets.The corn and soy markets continued to be pressured by a ...
El Nino's slide could harm Brazil soybeans By: Dow Jones Newswires 09/26/2012 @ 10:15am
Next year's soybean crop in southern Brazil appears less promising than it did a few months back, as the likelihood of an El Nino phenomenon bringing above-average rainfall in early 2013 has diminished ...
Grain, soy futures finish mixed; traders avoid risk By: Dow Jones Newswires 09/25/2012 @ 3:02pm
U.S. grain and soybean futures settled mixed Tuesday, with traders continuing to avoid risk amid seasonal harvest pressure and technical factors.Grain and oilseed markets are being pressured by a lack of ...
Soybean stocks to tighten, analysts say By: Dow Jones Newswires 09/25/2012 @ 7:34am
The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of September 1, 2012, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is ...
Russia suspends GMO corn imports By: Dow Jones Newswires 09/25/2012 @ 6:29am
Russia's consumer rights watchdog, Rospotrebnadzor, said Tuesday it has suspended the import and use of genetically modified corn made by Monsanto Co. (MON) following a study's allegations that ...
Forecasts for US Sept 1 grain stocks report By: Dow Jones Newswires 09/24/2012 @ 4:19pm
The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of September 1, 2012, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is ...
Grains slide on harvest progress By: Dow Jones Newswires 09/24/2012 @ 4:06pm
U.S. soybean futures fell Monday as speculative market participants sold futures due to an influx of supplies from the U.S. soy harvest, as some farmers report better yields than expected.Soybeans for November ...
Hogs extend rally By: Dow Jones Newswires 09/24/2012 @ 3:12pm
U.S. lean-hog futures continued to add to an ongoing rally on Monday, lifted by technical factors and signs of tightening supplies. Hog futures for October closed up 0.9%, at 76.5 cents a pound at the ...
$20 soybeans in the works, Oil World says By: Dow Jones Newswires 09/24/2012 @ 7:44am
The global soybean prices may resume their rally and rise to as much as $20 per bushel in the next few months on tight supplies from major producing countries following erratic weather conditions, Thomas ...
Grains rally on Russia news By: Dow Jones Newswires 09/21/2012 @ 7:48pm
U.S. wheat futures rallied Friday, boosted by signals from Russia that it may consider limits on grain exports, which could elevate demand for the American crop.Wheat for December delivery rose 17 3/4 cents ...
Informa: Corn acreage pegged at 97.5 mill. By: Dow Jones Newswires 09/21/2012 @ 2:17pm
Informa Economics, a closely watched crop forecaster, Friday estimated U.S. farmers harvested 14% more wheat this year than last year, according to traders. The firm pegged U.S. wheat production, for the ...
Millers want corn over wheat By: Dow Jones Newswires 09/21/2012 @ 7:05am
Asian grain buyers are again likely to turn to corn imports for animal feed because it is selling at a significant discount to wheat, trade participants said. Some animal feed processors require at least ...
Russia export message mixed By: Dow Jones Newswires 09/21/2012 @ 6:46am
Russia isn't planning to limit grain export from the country, Russian Deputy Prime Minister Arkady Dvorkovich told reporters Friday. "No limiting measures for the agricultural market will be taken," ...
Soybeans tumble to 5-week lows By: Dow Jones Newswires 09/20/2012 @ 3:31pm
U.S. soybean futures fell 3% to a five-week low, pressured by global economic worries and the fast pace of the soy harvest in the Midwest.Soybean prices also fell victim to technical selling as large funds ...
USDA moving big reports to noon in 2013 By: Dow Jones Newswires 09/19/2012 @ 3:57pm
Starting next year the U.S. Department of Agriculture will release its closely watched monthly crop reports at noon EDT, three and half hours later than the current 8:30 a.m. release time, the USDA said ...
Grains bounce back Wednesday By: Dow Jones Newswires 09/19/2012 @ 3:19pm
U.S. grain and soybean futures rallied Wednesday, recouping some of the sharp losses incurred in the past two days, amid views that the market was oversold.Corn, wheat and soy futures all climbed around 2%, as ...
Monsanto funds new research on rootworm resistance By: Dow Jones Newswires 09/19/2012 @ 2:28pm
Monsanto Company, facing growing questions about rootworm resistance, to its corn seed technology, is pumping up to $3 million into research projects on the pest. The program will be co-chaired by the ...
Russia to meet grain demands By: Dow Jones Newswires 09/19/2012 @ 6:49am
Russia's agriculture minister said Wednesday that he expects the country's grain harvest to reach 72-73 million metric tons with an export potential of 10-14 million metric tons. Speaking before ...
Profit-taking, harvest sink grains By: Dow Jones Newswires 09/18/2012 @ 3:04pm
U.S. grain and soybean futures fell Tuesday, pressured by a seasonal increase in corn and soy supplies as farmers harvest crops in the Midwest.Profit-taking and technical factors also weighed on futures, as ...
Wheat leads, corn follows Friday By: Dow Jones Newswires 09/14/2012 @ 3:28pm
Chicago Board of Trade wheat futures for December delivery settled up 22 1/4 cents, or 2.5%, at $9.24 1/4 a bushel. September futures, which expired Friday, settled up 18 1/2 cents, or 2.1%, at $8.97 1/2 a ...
Grains climb on supply worries By: Dow Jones Newswires 09/13/2012 @ 3:34pm
U.S. grain and soy futures rose Thursday, boosted by concerns about lower supplies in major growing regions.Soybean prices rose as traders focused on worries about whether South America will produce enough soy ...
Soybeans rise on lower yield outlook By: Dow Jones Newswires 09/12/2012 @ 3:31pm
U.S. soybean futures jumped Wednesday, after the government cut its forecast for the U.S. crop's yield by more than analysts had expected, pointing to tighter supplies.September soybean futures, thinly ...
Big Canadian pork producer forced into receivership amid drought By: Dow Jones Newswires 09/12/2012 @ 3:14pm
Ben Dummett and Marshall Eckblad - DJ - 13 mins agoBig Sky Farms Inc., one of Canada's biggest hog farmers, was forced into receivership by lenders earlier this week, the latest victim of a withering ...
Live cattle hits six-month high By: Dow Jones Newswires 09/11/2012 @ 4:31pm
U.S. live cattle futures rallied to six-month highs Tuesday amid fund-buying against a backdrop of tightening supplies.CME live cattle for October closed up 1.35 cents, or 1.1%, at $1.271 a pound, the highest ...
Russia has no plans to restrict exports By: Dow Jones Newswires 09/11/2012 @ 10:21am
The Russian government is still sticking to its official forecast for this year's grain harvest, and has no plans to introduce export restrictions, Deputy Prime Minister Arkady Dvorkovich said ...
Shortfalls of grain in Australia coming By: Dow Jones Newswires 09/11/2012 @ 7:01am
Dry weather in Australia may slash grain production in the next fiscal year even as drought in some of the world's largest producing nations is already squeezing global supplies. Lower production in ...
EU food crop-based biofuels targeted By: Dow Jones Newswires 09/11/2012 @ 6:58am
The European Commission, the executive arm of the European Union, is proposing to sharply limit the use of biofuels derived from food crops, a move that shows a radical change in its biofuel policy and ...
USDA to drop corn, soy forecasts, analysts say By: Dow Jones Newswires 09/10/2012 @ 12:10pm
Analysts expect the U.S. Department of Agriculture to cut its forecasts for the country's corn and soybean harvests when it issues new estimates Wednesday, according to a poll by Dow Jones ...
Wheat surges on export hopes By: Dow Jones Newswires 09/07/2012 @ 3:38pm
U.S. wheat futures settled higher Friday on hopes for greater export demand and concerns about dryness in the U.S. southern Plains.Thinly traded Chicago Board of Trade September wheat futures rose 12 3/4 cents ...
Wheat buoys grains on export prospects By: Dow Jones Newswires 09/06/2012 @ 3:55pm
U.S. wheat futures surged Thursday, closing sharply higher on expectations that U.S. export sales are set to increase as supplies in the Black Sea run low.Soft red winter wheat for September delivery at the ...
Egyptian to build Iowa fertilizer plant By: Dow Jones Newswires 09/06/2012 @ 9:17am
Egypt's Orascom Construction Industries announced plans Wednesday to invest $1.4 billion in a fertilizer plant in Iowa, shunning overtures from neighboring Illinois because of the state's ...
$8 corn seen through 2013 By: Dow Jones Newswires 09/06/2012 @ 8:35am
Corn futures prices could dip later this year, only to rebound and surge above $8.50 in 2013 as supplies remain tight until next year's harvest, Macquarie Research says. Prices must stay high to ...
FCStone pegs U.S. corn yield at 121.4 bu/ac By: Dow Jones Newswires 09/05/2012 @ 4:39pm
Commodities brokerage INTL FCStone Inc. (INTL) on Wednesday forecast the U.S. corn crop's yield at 121.4 bushels an acre and total production at 10.607 billion bushels. The U.S. Department of ...
Wheat falls to three-week low By: Dow Jones Newswires 09/05/2012 @ 4:28pm
Front-month U.S. wheat futures fell 2.3% Wednesday to a three-week low, pressured by lackluster export demand and lower corn prices. Chicago Board of Trade September wheat, lightly traded ahead of the ...
Argentina to export more corn By: Dow Jones Newswires 09/05/2012 @ 7:40am
Argentina's government has authorized 2.75 million tons of corn for export from the 2011-12 crop, bringing to 16.45 million tons the amount of corn that can be shipped abroad from that harvest. In ...
Soy hits new record on crop concerns By: Dow Jones Newswires 09/04/2012 @ 3:34pm
U.S. soybean futures ended higher Tuesday, setting fresh all-time highs on ongoing worries about the U.S. crop and consistent export demand. Corn futures also ended higher amid supply concerns, while wheat ...
Brazil soy group warns farmers against using new Monsanto seed By: Dow Jones Newswires 09/04/2012 @ 11:13am
The grains producers' association in Brazil's top soybean-growing state, Mato Grosso, warned farmers this week not to plant a new variety of transgenic soy it says Monsanto Co. (MON) has been ...
Smithfield an accidental 'genius' on grain hedges By: Dow Jones Newswires 09/04/2012 @ 8:45am
Smithfield Foods said in its F1Q statement that favorable grain hedges should lead to lower hog-production expenses for raising hogs than the industry average as the US drought has sent feed costs up ...
Russia: No ban on grain exports By: Dow Jones Newswires 08/31/2012 @ 7:03am
Russia's Agriculture Ministry slightly dialed back its grain harvest forecast Friday to between 70 million and 75 million metric tons, but ruled out the possibility of export limits while insisting it ...
U.S. drought has worldly tail By: Dow Jones Newswires 08/31/2012 @ 6:56am
The European Union's agriculture industry risks being destabilized by severe drought in some of the world's major producing regions, the bloc's executive arm said Thursday, with a strong ...
Soybeans hit record territory By: Dow Jones Newswires 08/30/2012 @ 4:04pm
U.S. soybean futures jumped to a record Thursday, buoyed by strong demand from China and concerns that global supplies will remain tight well into next year.Soybeans for September delivery gained seven cents ...
Russia wheat news boosts grains By: Dow Jones Newswires 08/29/2012 @ 3:21pm
U.S. wheat futures rose 3.5% Wednesday ahead of a meeting of Russia's agricultural ministry later this week, amid fears the big wheat-exporting country may curb grain exports.Traders speculated that a cut ...
China needs more soybeans for feed use By: Dow Jones Newswires 08/29/2012 @ 7:39am
Southeast Asia's animal feed production will continue to consistently grow by at least 5%-6% annually over the next few years, with an expanding aquaculture sector playing a crucial role due to ...
$25 soybeans? By: Dow Jones Newswires 08/29/2012 @ 7:16am
A Taiwan importers' association bought soybeans Tuesday, in what might seem a routine tender. But it wasn't.Instead of buying its normal one cargo of around 60,000 metric tons, the Taichung-branch of ...
Demand keeps soybeans afloat By: Dow Jones Newswires 08/28/2012 @ 3:46pm
U.S. grain and soybean futures finished mixed Tuesday, with soybeans rising thanks to orders of U.S. soybeans by China and Taiwan.The soybean market was able to separate from the selling pressures that plagued ...
World corn output dropped By: Dow Jones Newswires 08/23/2012 @ 8:57am
The International Grains Council Thursday reduced its estimates for world corn and wheat production in 2012-13 due to the effects of drought on crops across the northern hemisphere, particularly in the ...
Pork stocks drop in July, remain high By: Dow Jones Newswires 08/22/2012 @ 3:02pm
Pork inventories held in the nation's freezers as of July 31 were down from the previous month for the third consecutive time, but were still the largest ever for that date, confirming ...
Charts signal $10 corn By: Dow Jones Newswires 08/22/2012 @ 7:33am
More record highs in corn prices are on the horizon, as the technical picture of the CBoT December corn future suggests this month's high at $8.49 a bushel will be tested.The drought in America is ...
Money managers increased their length in Chicago Board of Trade corn futures and options, as traders factor in tighter supply forecasts after a historic drought-ravaged U.S. summer crops, government data ...
Wheat rises on Russia's tight supplies By: Dow Jones Newswires 08/16/2012 @ 3:41pm
U.S. wheat futures climbed Thursday, rising on outlooks for tighter Russian supplies. Chicago Board of Trade futures for September delivery ended up 15 cents, or 1.8%, at $8.61 3/4 a bushel. Kansas City ...
Ethanol waiver impact on livestock seen as limited By: Dow Jones Newswires 08/15/2012 @ 8:39pm
Livestock producers hoping a federal waiver of the ethanol mandate will alleviate the pain of high corn prices may be disappointed, Iowa State economist Bruce Babcock says. Babcock said that based on current ...
Cash markets boost grain futures By: Dow Jones Newswires 08/15/2012 @ 3:30pm
U.S. soybean futures jumped Wednesday, as stronger cash markets raised expectations for more export demand and traders remained concerned about a tight supply outlook.Chicago Board of Trade September soybeans ...
China's corn crop threatened by pests By: Dow Jones Newswires 08/15/2012 @ 6:52am
China is facing a serious pest infestation in major corn-producing areas, posing a major threat to crops, the Ministry of Agriculture said Tuesday. As of Tuesday, the armyworm--a caterpillar that can ...
Governors attack ethanol mandate By: Dow Jones Newswires 08/15/2012 @ 6:48am
North Carolina Governor Beverly Perdue and Arkansas Governor Mike Beebe have petitioned the federal government to suspend its production mandate for corn-based ethanol in efforts to lower prices for the ...
Talk of Russian export ban By: Dow Jones Newswires 08/15/2012 @ 6:32am
Turkey's wheat production is expected to fall by 16% in 2012-13 due to adverse weather, according to the U.S. Department of Agriculture's Ankara attache, with concerns from the country's ...
Wheat leads grains lower Tuesday By: Dow Jones Newswires 08/14/2012 @ 3:55pm
U.S. wheat futures fell Tuesday, as Egypt chose a source besides the U.S. to buy the grain and rain fell in Kansas.Chicago Board of Trade September wheat fell 17 cents or 2% to $8.39 3/4 a bushel. Kansas City ...
Canada's grain stocks seen down By: Dow Jones Newswires 08/14/2012 @ 10:16am
Stocks of the major grains and oilseeds in Canada at the end of the 2012/13 (Aug/Jul) crop year will be a bit lower than what was projected a month ago but will remain well above the level forecast for ...
Soybean demand confirmed By: Dow Jones Newswires 08/14/2012 @ 8:33am
US soybean crushers processed more beans in July than most analysts expected. National Oilseed Processors Association reports today that 137.4M bushels of soybeans were crushed in July, above the average ...
Soybeans fall sharply on weather By: Dow Jones Newswires 08/13/2012 @ 4:28pm
U.S. soybean futures fell sharply Monday as favorable weather for soy crops at a critical stage in their development, raise the prospect of better yields at harvest. Analysts said that traders who bet on ...
USDA raises beef production By: Dow Jones Newswires 08/10/2012 @ 10:24am
USDA raises beef-production forecasts for 2012 and 2013 in just-released supply/demand report, but cuts forecasts for pork -- all due to the massive spreading drought. As cattle are hustled off pastures ...
Report preview sheet By: Dow Jones Newswires 08/09/2012 @ 11:24am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's August crop production and supply and demand report. The ...
Grains surge on pre-USDA report positioning By: Dow Jones Newswires 08/08/2012 @ 3:01pm
U.S. grain and soybean futures settled higher Wednesday, boosted by expectations for the U.S. Department of Agriculture on Friday to cut its forecasts for the U.S. corn and soy harvests.Chicago Board of Trade ...
U.S. Ethanol output to dip By: Dow Jones Newswires 08/08/2012 @ 7:19am
Drought conditions continue to wither corn harvests throughout the Midwest, moving U.S. officials on Tuesday to lower 2012 ethanol production forecasts by more than 3%. The Energy Information ...
Brazil ethanol imports to continue By: Dow Jones Newswires 08/08/2012 @ 6:57am
Brazilian state-run oil giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, expects a recovery in the country's sugarcane ethanol production in the next two years to "resolve" its need for ...
Corn starts mixed, soybeans higher By: Dow Jones Newswires 08/07/2012 @ 10:03am
U.S. corn futures are trading mixed Tuesday, as traders wait for key government crop reports on Friday to provide new estimates on the U.S. crop's size and demand levels.The worst U.S. drought in decades ...
Rains send soybean futures sagging By: Dow Jones Newswires 08/06/2012 @ 3:27pm
U.S. soybean futures fell Monday after weekend rains benefited soy crops at a key stage in their development, raising the prospect of better yields at harvest.Chicago Board of Trade August soybeans, thinly ...
Cattle seen mixed, hogs flat Monday By: Dow Jones Newswires 08/06/2012 @ 8:26am
CME live cattle futures are expected to open in mixed fashion as some traders may be cautious buyers in nearby months following Friday's weak close. Feeder cattle are seen firm due in part to lower ...
Farmers seek financial advice By: Dow Jones Newswires 08/06/2012 @ 7:06am
The severe drought plaguing much of the U.S. has some of financial adviser David Workman' farming clients fearing--and pondering--the worst.A few of his clients recently considered whether it would be ...
Wheat leads grains, soy higher By: Dow Jones Newswires 08/03/2012 @ 5:29pm
U.S. grain and soy futures settled higher Friday, led by wheat as a weaker dollar fueled buying of commodities. The dollar weakened after U.S. nonfarm payrolls reported Friday rose more than expected ...
Congress recesses with no drought aid By: Dow Jones Newswires 08/03/2012 @ 8:32am
The U.S. Senate will not take up a $383 million drought assistance package approved earlier Thursday by House lawmakers, meaning Congress will leave Washington for a five-week recess without approving support ...
China to pay up for soybeans, USDA says By: Dow Jones Newswires 08/03/2012 @ 7:04am
Top soybean importer China will have to pay higher prices for soybeans as a severe drought in the U.S. will cut the size of global supply, Joseph Glauber, chief economist of the U.S. Department of ...
Lawmakers request RFS drawdown By: Dow Jones Newswires 08/02/2012 @ 1:38pm
More than a hundred House Republicans and Democrats are calling on the federal government to reduce its production mandate for corn-based ethanol in an effort to bring down prices for the grain that have ...
Brazil soybean exports rise in July By: Dow Jones Newswires 08/02/2012 @ 6:54am
Brazil's exports of soybeans and meal continued to chug along at a rapid clip in July, defying the supbar 2012 harvest and leaving the country with very little to ship abroad during the remaining ...
FC Stone: Corn yield at 124.3 bu./acre By: Dow Jones Newswires 08/02/2012 @ 6:41am
Commodities brokerage INTL FCStone forecasts on Wednesday the U.S. corn crop's yield at 124.3 bushels an acre, which would mean a harvest of 11.043 billion bushels using the U.S. Department of ...
Monsanto awarded Roundup Ready lawsuit settlement By: Dow Jones Newswires 08/02/2012 @ 6:31am
A federal jury Wednesday awarded $1 billion to Monsanto Co. (MON) in a patent-infringement lawsuit against rival DuPont Co. (DD) over Monsanto's Roundup Ready seed technology. The jury reached the ...
USDA rolls out drought help By: Dow Jones Newswires 08/01/2012 @ 2:36pm
The U.S. Department of Agriculture announced two new measures Wednesday to help farmers and ranchers deal with drought conditions, opening up 3.8 million acres of land for haying and grazing to help feed ...
USDA announces drought aid for farmers, ranchers By: Dow Jones Newswires 08/01/2012 @ 11:58am
The U.S. Department of Agriculture announced two new measures Wednesday to help farmers and ranchers deal with drought conditions, opening up 3.8 million acres of land for haying and grazing to help feed ...
Early harvest pressures corn prices By: Dow Jones Newswires 08/01/2012 @ 11:00am
Early corn harvesting in Arkansas and southern Illinois pressures cash markets and futures prices, says Karl Setzer of MaxYield Cooperative. Arkansas isn't a major producer but its yields have been ...
Taiwan buys containers of U.S. soybeans By: Dow Jones Newswires 08/01/2012 @ 6:32am
Taiwanese importers are buying U.S. soybeans in containers through private deals as they are around 10 cents/bushel cheaper than bulk buys, trading executives told Dow Jones Newswires Wednesday. The ...
China's economy under the microscope By: Dow Jones Newswires 07/30/2012 @ 8:30am
Dark clouds of suspicion hover, ominous as a Beijing rainstorm, over the reliability of China's economic data. Everyone from confirmed China bears to panda-hugging investment-bank analysts wonders ...
Futures rally as crop fears return By: Dow Jones Newswires 07/27/2012 @ 3:45pm
U.S. grain and soybean futures rose Friday, trimming some of their losses from earlier this week, as traders shifted their focus back to the searing drought in the U.S. heartland.Disappointing rainfall in the ...
Drought relief next week, says House leader By: Dow Jones Newswires 07/27/2012 @ 2:45pm
The House Republican whip said Friday the chamber will clear a drought-relief measure before Congress adjourns next week for an August recess."We plan on dealing with the drought problem before we depart," ...
U.S. corn crop drops 8%, firm says By: Dow Jones Newswires 07/27/2012 @ 11:19am
Private analytical firm Informa Economics on Friday became the latest crop forecaster to cut its outlook for the 2012 U.S. corn and soybean harvests due to poor weather, according to ...
Smithfield CEO calls for ethanol mandate reductions By: Dow Jones Newswires 07/27/2012 @ 10:03am
The chief executive of Smithfield Foods Inc. (SFD), the world's largest pork producer, is calling for the U.S. government to waive its mandate requiring the blending of ethanol into the nation's ...
Corn prices rebound, fueled by drought By: Dow Jones Newswires 07/27/2012 @ 9:54am
U.S. corn futures are higher on disappointing rainfall totals and worries about the impact of this summer's extreme drought on the crop.Corn for September delivery at the Chicago Board of Trade was ...
IGC cuts U.S. soybean output By: Dow Jones Newswires 07/27/2012 @ 9:50am
International Grains Council has slashed its U.S. soybeans output forecast for 2012-13 by 9.5% to a five-year low of 79 million tons as a severe drought is wilting the crops in the Midwest. Production was ...
Ethanol mandate worse than drought, CEO says By: Dow Jones Newswires 07/27/2012 @ 6:17am
(Editor's Note: Written by Mr. Pope, president and CEO of Smithfield Foods, Inc.) This has been a cruel season for America's agricultural economy. It was partly unavoidable, as our nation's ...
Russia's harvest losses mount By: Dow Jones Newswires 07/27/2012 @ 6:10am
About 6% of Russia's total harvested farmland has been damaged during a recent heat wave and losses are "going through the roof" in some regions, the country's deputy agriculture minister said ...
China corn grade ups imports By: Dow Jones Newswires 07/26/2012 @ 5:58am
Lower domestic crop quality and higher prices of local output helped fuel a 41% surge in China's grain imports in the first half of 2012 compared to the same period in 2011, the state-run China ...
Cash grains: High futures erode basis, demand By: Dow Jones Newswires 07/25/2012 @ 3:30pm
U.S. cash corn basis has eroded as historic spot prices force end users to look for substitutes or cut consumption.Record high corn prices have slowed demand from processors and livestock feeders due to poor ...
Rain chances slam grain futures By: Dow Jones Newswires 07/24/2012 @ 3:27pm
Prices for corn and soybeans each fell about 3% Tuesday, as rains sweeping across the U.S. Midwest raised hopes that crop conditions could stabilize amid the country's worst drought in decades.While ...
Farm prices won't cause inflation jump -- report By: Dow Jones Newswires 07/24/2012 @ 1:54pm
Wheat is not oil.The drought in parts of the U.S. farm region has caused prices for commodities including corn, wheat and soybeans to jump this summer. But the rise in farm prices won't have anywhere near ...
Soybeans tumble hard on macro, weather worries By: Dow Jones Newswires 07/23/2012 @ 3:35pm
U.S. soybean futures tumbled Monday, as investors reduced risk amid macroeconomic worries and optimistic crop-weather forecasts.The most-active November soybean contract briefly dropped to its 70-cent daily ...
Soybean futures hit record territory By: Dow Jones Newswires 07/20/2012 @ 2:59pm
U.S. soybean futures closed at record highs Friday, as traders continue to price in the risk of additional crop losses from a U.S. drought.Soybean futures were the leader of the CBOT grain complex. Investors ...
Poultry exports fly off shelves By: Dow Jones Newswires 07/20/2012 @ 6:59am
US poultry exports in May hit a new record for that month for both tonnage and sales value, says the USA Poultry and Egg Export Council. Sales in May totaled 336,387 metric tons valued at $460M, up 5% ...
Argentine soybeans set record By: Dow Jones Newswires 07/20/2012 @ 6:32am
Argentina soybean prices set a new high mark Thursday as drought in the U.S. continued to scorch crops and stoke worries over global supply. Spot soybeans surged to 1,820 Argentine pesos ($400) per metric ...
Beans, nearby corn hit new highs By: Dow Jones Newswires 07/19/2012 @ 4:57pm
Soybean and nearby corn futures soared to fresh record highs Thursday, as traders continued to worry that the drought in the U.S. Midwest could shrink the harvest for the two crops.Soybeans led the gains. The ...
Corn cob project questioned By: Dow Jones Newswires 07/19/2012 @ 11:43am
A major cellulosic ethanol project set to come online next year will further demonstrate the failure of federal mandates on the renewable fuel, agricultural economist Tom Elam says. Elam, making a ...
Grain futures hit highs on drought By: Dow Jones Newswires 07/18/2012 @ 6:18pm
U.S. corn and soybean futures both jumped Wednesday on continued worries that the drought in the Midwest could further reduce yields for the two crops.Chicago Board of Trade corn futures for September delivery ...
Cattle futures surge on Japan import news By: Dow Jones Newswires 07/18/2012 @ 3:38pm
U.S. livestock futures soared on Wednesday as signs of looser beef-import restrictions by Japan helped spark broad gains across markets which had become very ripe for a rally.Traders at the Chicago Mercantile ...
Cash corn slumps, demand drops By: Dow Jones Newswires 07/18/2012 @ 3:33pm
U.S. cash grain markets are mixed, with basis levels weakening for corn while remaining firm for soybeans across the Midwest.Basis is very volatile in the cash market, with slower consumer demand from end ...
Farmers in 'deep trouble'-- Vilsack By: Dow Jones Newswires 07/18/2012 @ 1:41pm
Scorching drought conditions throughout the U.S. prompted the U.S. Agriculture Department Wednesday to declare 39 new counties in eight states as disaster areas, making farmers and livestock producers there ...
Profit-taking emerges on damp forecast By: Dow Jones Newswires 07/17/2012 @ 3:05pm
U.S. grain and soybean futures closed mixed Tuesday, succumbing to profit-taking pressure on improved crop weather outlooks.Investors took some profits off the table after the recent rally in futures. Corn and ...
Smithfield hits 19-month low as pressure mounts By: Dow Jones Newswires 07/17/2012 @ 1:41pm
The recent spike in grain prices continues to pressure shares of meat companies like Smithfield (SFD), and the pork processor is at a 19-month low today as Stephens downgrades the company to equal-weight and ...
Drought drives traders to seek shelter By: Dow Jones Newswires 07/16/2012 @ 4:18pm
With Midwest drought conditions worsening, investors feeling the heat are seeking protection from rising corn prices.Buying bearish options on Tyson Foods Inc. (TSN) and Smithfield Foods Inc. (SFD)--whose ...
Grains explode on drought stress By: Dow Jones Newswires 07/16/2012 @ 3:19pm
Corn prices jumped 4.9% Monday as forecasts for more hot, dry weather renewed concerns that a drought in the Midwest is taking a heavy toll on the nation's corn crop.Corn futures have surged in recent ...
Corn rockets higher By: Dow Jones Newswires 07/16/2012 @ 9:54am
U.S. corn futures are trading sharply higher Monday, boosted by continued worries about the Midwest drought shrinking the size of the U.S. crop.In electronic trading, Chicago Board of Trade futures for ...
Drought fears kick grains higher By: Dow Jones Newswires 07/13/2012 @ 3:21pm
U.S. corn and soybean futures ended mostly higher on Friday, as traders continued to worry that a Midwest drought will cut yields for the two crops.Forecasts call for temperatures to heat up over the weekend ...
USDA OKs Indiana emergency grazing By: Dow Jones Newswires 07/13/2012 @ 3:09pm
Emergency grazing of land enrolled in the USDA's Conservation Reserve Program has been approved in 22 Indiana counties by the Agriculture Department's Farm Service Agency due to severe drought ...
Brazil nears U.S. soybean crop size By: Dow Jones Newswires 07/13/2012 @ 12:10pm
The planets seem to have aligned for Brazilian soybean growers next year, with conditions in place for the world's No. 2 producer to finally give the U.S. a run for its money at the top spot.Weather, high ...
Corn jumps on drought...again By: Dow Jones Newswires 07/12/2012 @ 3:14pm
U.S. corn futures jumped Thursday, recovering the previous day's losses as traders refocused on worries that the Midwest drought could substantially shrink this year's corn harvest.Chicago Board of ...
Fed opens some CRP to haying, grazing By: Dow Jones Newswires 07/11/2012 @ 1:25pm
The U.S. Department of Agriculture is easing restrictions on grazing and haying on lands designated for conservation, part of a response to the severe drought gripping the Midwest.Agriculture Secretary Tom ...
USDA cuts forecasts for corn, soybean production By: Dow Jones Newswires 07/11/2012 @ 8:37am
U.S. corn futures rose 2% on Wednesday after the government slashed its forecast for this year's harvest, projecting that the crop is no longer likely to set a record because of a drought in the ...
Grains retreat amid pre-crop report profit-taking By: Dow Jones Newswires 07/10/2012 @ 3:48pm
U.S. grain and soybean futures closed lower Tuesday, pressured by positioning ahead of government reports due Wednesday.Corn futures led the declines, as market participants sold futures to exit long ...
Provisions in a pending U.S. House farm bill that would accelerate the review process for genetically modified crops are raising objections from environmental groups and a major grain industry organization.The ...
Pre-USDA report grain slide continues By: Dow Jones Newswires 07/10/2012 @ 11:26am
US grain and soy futures remain lower as open-outcry session opens, with market participants taking profits and paring risk ahead of USDA reports due tomorrow that will include inventory forecasts for corn ...
Looking ahead to Wednesday's USDA data By: Dow Jones Newswires 07/10/2012 @ 11:19am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's July production and supply and demand reports.The reports are ...
Soybeans drift lower ahead of USDA data By: Dow Jones Newswires 07/10/2012 @ 8:58am
U.S. soybean futures are trading lower, stabilizing after closing at a new all-time high Monday.Investors are reducing risk and taking some profits off the table after the recent rally in futures.Soybean ...
Profit-taking sends corn lower Tuesday By: Dow Jones Newswires 07/10/2012 @ 8:38am
U.S. corn futures are trading lower Tuesday morning, as weather forecasts are slightly more favorable and market participants are paring risk before a government report due Wednesday.In electronic trading ...
Soybean futures shoot to record highs By: Dow Jones Newswires 07/09/2012 @ 4:00pm
U.S. soybean futures jumped to settle at a new all-time high Monday, as concerns continued to mount that a worsening drought in the Midwest could reduce the U.S. crop's yield.Chicago Board of Trade July ...
Profit-taking tumbles grains Friday By: Dow Jones Newswires 07/06/2012 @ 3:18pm
US grain and soy futures close lower Friday, as market participants take profits following sharp gains in the last two weeks that drove front-month corn and soybeans close to all-time high levels. Traders are ...
Informa pegs U.S. corn crop at 13.641 bln bu By: Dow Jones Newswires 07/06/2012 @ 1:25pm
U.S. farmers will harvest 13.641 billion bushels of corn in 2012 and a U.S. soybean crop of 3.161 billion bushels, according to projections made by private analytical firm Informa Economics, sources ...
Cash corn basis slips as futures explode By: Dow Jones Newswires 07/05/2012 @ 2:50pm
U.S. cash-corn basis levels stumbled Thursday as spot-month futures rallied to 10-month highs.Soaring futures prices sparked a pickup in cash business, with cash merchants reporting an increase in country ...
World food prices to rise on U.S. corn concern By: Dow Jones Newswires 07/05/2012 @ 8:52am
World food prices are expected to rebound in July from three consecutive months of falls, as concern over hot and dry weather in the U.S. corn belt boosts commodity prices on wider markets, the United ...
World cereal output cut on US corn woes By: Dow Jones Newswires 07/05/2012 @ 8:31am
The United Nations' food body Thursday sharply lowered its forecast for world cereal production in 2012-13 due to dry weather concerns for the U.S. corn crop, but said that the overall supply and demand ...
Ukraine's grain exports jump 81% By: Dow Jones Newswires 07/03/2012 @ 6:03am
Ukraine exported in the 2011-2012 marketing year 21.8 million metric tons of grain, 81% more than in the previous marketing year, the agriculture ministry said Tuesday. The ministry said corn exports ...
Corn rallies on weather threat By: Dow Jones Newswires 07/02/2012 @ 4:11pm
U.S. corn futures led grain and soybeans futures higher Monday, as traders continue to factor in the risk of smaller crop sizes from stressful U.S. Midwest weather.Heat and dryness for developing corn crops in ...
US pasture conditions get even worse By: Dow Jones Newswires 07/02/2012 @ 4:02pm
Pasture conditions across the Plains, Midwest and several other states worsened in the latest week from already poor ratings. USDA rates nearly two-thirds of pasture acres on average across Indiana ...
U.S. hog herd expands By: Dow Jones Newswires 07/02/2012 @ 8:56am
The number of hogs and pigs on U.S. farms as of June 1 was up 0.8% compared with a year ago and about 1.1% higher than three months earlier, according to federal data released Friday, largely in line ...
Corn market surge dooms hog profits By: Dow Jones Newswires 06/29/2012 @ 1:13pm
Jump of 25% in CME corn price over last two weeks is further squeezing projected hog producer margins for 4Q and into 2013. Break-even prices north of $85 and current hog futures prices October and ...
Prices mixed on report positioning By: Dow Jones Newswires 06/28/2012 @ 4:22pm
Corn futures ended mixed Thursday, while soybean and wheat futures settled lower, pressured by positioning ahead of major government reports due Friday, and weakness in corn prices.July wheat fell six cents ...
USDA Report preview table By: Dow Jones Newswires 06/28/2012 @ 11:20am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's acreage and quarterly grain stocks reports. The reports are ...
USDA to show higher soybean acreage, analysts say By: Dow Jones Newswires 06/28/2012 @ 6:57am
U.S. government forecasters on Friday are likely to raise their estimates of the country's planted corn and soybean acreage by 0.1% and 2.3%, respectively, according to analysts polled by Dow Jones ...
Monsanto third-quarter profit climbs 35% on strong seed saes By: Dow Jones Newswires 06/27/2012 @ 10:52am
Monsanto Company's fiscal third-quarter profit jumped 35% as farmers planted more corn across the U.S. heartland this year.The world's largest seed company, which last month raised its earnings ...
StatsCan wheat acres drop By: Dow Jones Newswires 06/27/2012 @ 8:17am
The following table is a recap of Statistics Canada's acreage report for the period ended June 7, 2012. Pre- report expectations are provided for comparison purposes. Figures are in million acres ...
Corn, soybean stocks seen falling By: Dow Jones Newswires 06/26/2012 @ 7:24am
The following are analysts' estimates in billions of bushels for U.S. grain and soybean stocks as of June. 1, 2012, as compiled by Dow Jones. The U.S. Department of Agriculture is scheduled to ...
CME, traders fight over settlement method By: Dow Jones Newswires 06/26/2012 @ 7:00am
CME Group Inc. (CME) forged ahead Monday with a new process for calculating closing prices for its benchmark grain markets, while a last-minute legal challenge by floor traders contesting the changes ...
Corn limit-up on weather By: Dow Jones Newswires 06/25/2012 @ 4:17pm
Both nearby and deferred U.S. corn futures closed limit-up Monday, after surging on concerns that hot and dry weather could damage the U.S. crop and shrink its yield. Chicago Board of Trade corn futures for ...
Soybean acres seen rising, corn unchanged By: Dow Jones Newswires 06/25/2012 @ 2:06pm
The following are analysts' estimates in millions of acres for the 2012 U.S. acreage report, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to release its report at ...
CME to ignore lawsuit by floor traders By: Dow Jones Newswires 06/25/2012 @ 9:26am
CME Group Inc. (CME) said it will press on with a planned change Monday to the way it calculates closing prices for its benchmark grain markets, despite a last-minute legal challenge from floor traders ...
U.S. DDGs to China to resume By: Dow Jones Newswires 06/21/2012 @ 6:55am
China's Ministry of Commerce said Thursday that it will end an antidumping investigation against imports of U.S. distillers dried grains with solubles, or DDGS, paving the way for more imports of ...
Feds 'Twist' draws skeptics By: Dow Jones Newswires 06/21/2012 @ 6:50am
Overnight action: Lawmakers push for IPO revamp; J&J nears settlement with DOJ; China manufacturing slows. Watch for: Weekly jobless claims (8:30 a.m. Eastern Time): Seen down 1,000 to 385,000. Flash ...
Cattle-on-Feed numbers to drop By: Dow Jones Newswires 06/20/2012 @ 8:28am
The following estimates, as compiled by Dow Jones Newswires for the nation's feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low projections ...
World wheat balanced but tipping By: Dow Jones Newswires 06/20/2012 @ 8:26am
Global wheat production is satisfying consumption at the moment but it is a delicate balance that could be rocked if something does wrong, a leader of the World Bank's agricultural risk team told ...
Heat sends soybean futures jumping By: Dow Jones Newswires 06/19/2012 @ 3:30pm
U.S. soybean futures closed sharply higher Tuesday, jumping on worries about dry weather damaging crops while export demand remains strong.Soybeans for July delivery settled up 49 1/2 cents, or 3.6%, at $14.33 ...
Monsanto files suit against Pioneer By: Dow Jones Newswires 06/19/2012 @ 2:19pm
Seed company Monsanto Co. (MON) filed a lawsuit against DuPont Co. (DD) and its Pioneer Hi-Bred International Inc. unit, alleging infringement of Monsanto patents in seed development technology. The ...
$7 Dec. corn futures? By: Dow Jones Newswires 06/19/2012 @ 8:44am
While CBOT December corn futures for 2012 and 2013 trade at parity now, expect this year's price to grow substantially versus December 2013 amid concerns with the current crop, says Morgan Stanley ...
Corn prices doing a rain dance? By: Dow Jones Newswires 06/18/2012 @ 3:44pm
Corn buyers and sellers have their eyes on the skies, because if rain doesn't start falling soon, prices could be on the rise. Monday's rally for America's biggest crop highlighted the ...
Hogs jump on pork prices By: Dow Jones Newswires 06/18/2012 @ 2:48pm
Lean hog futures hit a 10-month high following surge in pork prices after trading Friday and big gains in grain markets during Monday's session. Pork prices have finally recovered from terrible ...
Weather stokes soybean trade By: Dow Jones Newswires 06/15/2012 @ 9:51am
U.S. soybean futures are trading higher Friday, stabilizing after Thursday's declines amid the uncertainties about crop weather and the global economy.At 9:54 a.m. EDT, Chicago Board of Trade (CBOT) July ...
China's drop in wheat output eyed By: Dow Jones Newswires 06/15/2012 @ 7:08am
China's wheat output this year will likely total 118 million metric tons, up 0.07% from 2011 but down from a forecast of 120.3 million tons in May, the state-backed China National Grain and Oils ...
Cash trade sends corn higher By: Dow Jones Newswires 06/14/2012 @ 3:08pm
U.S. corn futures settled higher on stronger cash markets and uncertainty in weather forecasts, with the front-month contract reaching a three-week closing high.Corn for July delivery rose 9 cents to $6.01 1/2 ...
U.S. wheat buyers line up By: Dow Jones Newswires 06/14/2012 @ 7:10am
Japan, South Korea and Taiwan Thursday stepped up purchases of wheat, buying around 220,000 metric tons, almost all from the U.S., in a series of tenders amid concerns that prices may move higher in the ...
Corn slips on rain outlook By: Dow Jones Newswires 06/13/2012 @ 3:28pm
Front-month U.S. corn futures rose Wednesday on worries about tight current supplies, while deferred futures fell on expectations for favorable weather for the growing U.S. crop. Corn for July delivery at the ...
Cash hogs seen $1 higher By: Dow Jones Newswires 06/13/2012 @ 7:47am
Pork processors are expected to pay flat to as much as $1 per hundredweight higher prices for hogs compared with yesterday's quotes as packers complete for available supplies. Higher prices are not ...
Soybeans surge on USDA data By: Dow Jones Newswires 06/12/2012 @ 3:09pm
Soybean futures closed higher on Tuesday, as the government cut its forecasts for U.S. soybean supplies and traders worried that dry weather could hinder development of Midwest soy crops.Soybean futures for ...
USDA Report summary table By: Dow Jones Newswires 06/12/2012 @ 8:21am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's June supply and demand report. U.S. estimates are in billions ...
Ethanol boom stalling? By: Dow Jones Newswires 06/12/2012 @ 6:49am
For years, the biggest employer in this city of 1,000 people near the Canadian border was the ethanol plant on County Road 9, which pumped out the corn-based fuel additive to satisfy demand driven by federal ...
Rains sink corn futures Monday By: Dow Jones Newswires 06/11/2012 @ 3:52pm
U.S. corn futures closed lower Monday, pressured by rains benefiting U.S. crops and positioning ahead of government reports due Tuesday.Chicago Board of Trade futures for July delivery closed down 6 cents at ...
USDA Report Table By: Dow Jones Newswires 06/11/2012 @ 1:39pm
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's June supply and demand report. The report is scheduled for ...
Early Report Day trading approved By: Dow Jones Newswires 06/11/2012 @ 11:43am
CME Group Inc. (CME) has received formal approval to start open outcry trading early Tuesday ahead of a government crop report. Open outcry trading will start at 7:20 a.m. CDT, instead of 9:30 a.m., which ...
Money managers 'short' wheat By: Dow Jones Newswires 06/11/2012 @ 6:41am
Money managers now hold net-short positions in Chicago Board of Trade wheat futures, government data showed Friday, as investors cut long positions as global crop worries ease. Broader-based risk aversion ...
Indian corn beats U.S. price By: Dow Jones Newswires 06/08/2012 @ 6:45am
South Korea's largest feedmiller, Nonghyup Feed Inc., Friday made a rare purchase of Indian corn, buying 39,000 metric tons from global trader Peter Cremer at $259.83/ton, basis cost and freight for ...
Soybeans lead grains higher Thursday By: Dow Jones Newswires 06/07/2012 @ 3:41pm
U.S. soy futures closed higher Thursday, boosted by concerns that U.S. soybean inventories could fall lower than expected.Soybeans for July delivery closed up 41 3/4 cents, or 3.0%, at $14.28 a bushel at the ...
Survey: U.S. wheat output to fall By: Dow Jones Newswires 06/07/2012 @ 10:49am
The following are analysts' estimates in billions of bushels for 2012 U.S. winter wheat production based on conditions as of June 1, as compiled by Dow Jones Newswires. The U.S. Department of ...
Survey: corn, soy stocks to drop By: Dow Jones Newswires 06/07/2012 @ 10:39am
The following are analysts' estimates in billions of bushels for 2011-12 and 2012-13 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is ...
Flat ethanol demand to raise corn stocks By: Dow Jones Newswires 06/07/2012 @ 8:54am
U.S. corn stocks should be rapidly rebuilt by flat domestic demand for the grain's use in ethanol production, the U.S. Department of Agriculture's chief economist said Thursday, which will ...
Brazil to run out of soybeans By: Dow Jones Newswires 06/06/2012 @ 7:59am
Brazil could soon run out of soybeans to export this year after producers frontloaded their shipments more than normal to cash in on high international prices and a favorable exchange rate. The ...
Soybeans climb on weather, supplies By: Dow Jones Newswires 06/05/2012 @ 3:57pm
U.S. soybean futures ended higher Tuesday, continuing to stabilize after recent declines, fueled by concerns about dry Midwest weather and tightening world supplies.Soybean futures bucked the lower theme in ...
Russia's grain export to drop 18% By: Dow Jones Newswires 06/05/2012 @ 7:08am
Russia's grain exports in the 2012-2013 marketing year are likely to fall around 18% as the harvest is affected by a lack of moisture in the soil, the Agrarian Markets Institute, or IKAR, said ...
Weather worries send corn surging By: Dow Jones Newswires 06/04/2012 @ 2:52pm
U.S. corn futures closed higher, boosted by concerns that dry soil in the U.S. corn belt could strain the development of crops if more rains don't come soon.Monday's bounce followed volatile trading ...
Brazil's corn harvest starts By: Dow Jones Newswires 06/04/2012 @ 1:42pm
Weather for Brazil's winter corn crop has been excellent in the past month and producers in the states of Parana and Mato Grosso are just beginning their harvest, grains consultancy Celeres says ...
Funds cut long corn positions By: Dow Jones Newswires 06/04/2012 @ 8:11am
Money managers cut their net-long positions in Chicago Board of Trade corn futures, government data showed Friday, as investors abandon long positions on slowing demand and improved crop weather.Broader risk ...
Corn ends volatile day lower By: Dow Jones Newswires 06/01/2012 @ 3:56pm
U.S. corn futures ended a volatile day by closing lower Friday, as renewed macroeconomic worries brought broad pressure on commodities markets.Chicago Board of Trade futures for July delivery settled down 3 ...
Managed funds reduce longs in CBOT corn By: Dow Jones Newswires 06/01/2012 @ 3:48pm
Money managers cut their net-long positions in Chicago Board of Trade corn futures, government data showed Friday, as investors abandon long positions on slowing demand and improved crop weather.Broader risk ...
U.S. export forecast raised By: Dow Jones Newswires 06/01/2012 @ 8:09am
The U.S. Department of Agriculture raised its forecast Thursday for U.S. agricultural exports in fiscal year 2012 to $134.5 billion worth of goods, a $3.5 billion increase from the February ...
Crop-stress not a factor, agronomist says By: Dow Jones Newswires 05/31/2012 @ 1:04pm
A dry spring isn't yet a concern for the US corn crop, Univ of Illinois agronomist Emerson Nafziger says. There's "no evidence" that moderate water stress at this point in the season hurts ...
Macro worries drag grains lower By: Dow Jones Newswires 05/30/2012 @ 3:24pm
U.S. soybean futures closed lower Wednesday, pressured by macroeconomic worries and forecasts for rain in the U.S.Soybeans still have a tight supply-demand outlook, but outside markets and technically driven ...
Harvest weighs on wheat prices By: Dow Jones Newswires 05/29/2012 @ 4:01pm
U.S. wheat futures tumbled Tuesday, as the U.S. harvest produced fair initial results and traders worried that a recent rally had a weak foundation.Chicago Board of Trade futures for July delivery fell 23 1/4 ...
Less corn is good/excellent By: Dow Jones Newswires 05/29/2012 @ 3:44pm
Dow Jones compiles this national summary of relative crop conditions and index to assess changes through the crop season. The summary and index are calculated from the USDA crop condition reports and ...
Japan firm, largest grain trader By: Dow Jones Newswires 05/29/2012 @ 10:52am
Marubeni Corp. (8002.TO) said Tuesday it will buy Gavilon Group LLC, the U.S.'s third-biggest grain handler, for $3.6 billion excluding debt, in a deal that will make it one of the world's ...
SA soybean output to fall 16%, IGC says By: Dow Jones Newswires 05/29/2012 @ 7:03am
The International Grains Council has cut its estimate of South American soybean production this year for the seventh time since September, bringing the projected on-year drop to 16%. Based on the revised ...
New-crop corn price-challenged By: Dow Jones Newswires 05/27/2012 @ 10:02am
As in most investing, corn futures all come down to timing. A key seasonal turning point for the grain already may have arrived, signaling a likely downturn in prices for weeks to come. Prices for "new crop" ...
Wheat jumps on dryness worries By: Dow Jones Newswires 05/25/2012 @ 3:49pm
U.S. wheat futures jumped Friday as weather forecasts rekindled concerns about dryness in key production regions, including the former Soviet Union and the Great Plains.Chicago Board of Trade futures for July ...
CME expands pit trading By: Dow Jones Newswires 05/25/2012 @ 8:58am
CME Group Inc. (CME) will open floor trading of grains futures 10 minutes before key government crop reports are released, the exchange announced Friday. The change, which applies only to U.S. Department ...
Ukraine seen as no. 2 corn exporter By: Dow Jones Newswires 05/25/2012 @ 8:00am
Ukraine is heading for another bumper harvest of corn in the next marketing year that starts Oct. 1 and output may rise 5.3% to 24 million metric tons, the International Grains Council said ...
Nearby corn plunges to 17-month low By: Dow Jones Newswires 05/24/2012 @ 4:35pm
Corn prices slid 4.1% to their lowest close in 17 months, pressured by unexpectedly weak export sales and favorable weather for the U.S. crop.The decline erased the last of corn's gains seen during a ...
Hot stocks to watch By: Dow Jones Newswires 05/24/2012 @ 7:49am
Among the companies with shares expected to actively trade in Thursday's session are Hewlett-Packard Co. (HPQ), Pandora Media Inc. (P) and Tiffany & Co. (TIF). Hewlett-Packard unveiled plans to ...
Soybeans fall on weather, China worries By: Dow Jones Newswires 05/23/2012 @ 3:18pm
Soybean futures fell 1.4% to a nearly two-month low, as weather forecasts improved for U.S. crops and traders worried about signs of slowing Chinese demand.The decline extended a recent slide in U.S. soybean ...
Spring pork problems? By: Dow Jones Newswires 05/23/2012 @ 10:46am
Hormel's (HRL) F2Q earnings point to a troubled spring for the pork industry. Profits from processing pork were the only major blemish on HRL's report, part of a hard comedown this year for hog ...
China cancels soybean cargoes By: Dow Jones Newswires 05/23/2012 @ 8:12am
Some Chinese soybean importers have cancelled soybean import cargoes scheduled for delivery in the next few months, because they fear the recent fall in prices that has wiped out their crushing margins may ...
Monsanto buying Precision Planting By: Dow Jones Newswires 05/23/2012 @ 8:09am
Monsanto Co. (MON) is buying a planting technology company, part of a increased effort to expand its focus beyond seed production.Monsanto announced it will buy Illinois-based Precision Planting Inc. for up to ...
China prefers U.S. soybeans By: Dow Jones Newswires 05/23/2012 @ 6:47am
Some Chinese soybean importers have cancelled soybean import cargoes scheduled for delivery in the next few months, because they fear the recent fall in prices that has wiped out their crushing margins ...
Grains dive on improved forecast By: Dow Jones Newswires 05/22/2012 @ 3:21pm
U.S. corn and soybean futures tumbled Tuesday on improved weather outlooks for the crops.Near-term corn futures fell nearly 6%, and soybean prices slipped 2%, as forecasts for later this month showed cooler ...
Brazil '13 soy crop to hit 80.0 mmt By: Dow Jones Newswires 05/22/2012 @ 11:34am
Brazil's soybean crop next year could top 80 million metric tons, as high international prices encourage a surge in planted acreage, while weather likely improves, closely watched research firm ...
Memorial Day meat needs secured By: Dow Jones Newswires 05/22/2012 @ 9:45am
Predictions for cash hog prices today range from steady to 50 cents lower amid cautious views about wholesale pork demand the balance of the week. Grocers have majority of the meat needed for the ...
Soybeans shoot higher on dry weather By: Dow Jones Newswires 05/21/2012 @ 3:34pm
U.S. soybean futures climbed Monday, fueled by investors adding risk premium to account for stressful weather."Investors are factoring in very nervous weather for newly planted U.S. soybean crops," said Mike ...
Corn rises on weather concerns By: Dow Jones Newswires 05/21/2012 @ 9:39am
U.S. corn futures are trading higher Monday morning, boosted by higher wheat prices and concerns about dry weather in U.S. corn-growing regions. In electronic trading, CBOT futures for July delivery are ...
Wheat roars to 8-month high By: Dow Jones Newswires 05/18/2012 @ 3:16pm
U.S. wheat futures surged to an eight-month high, capping a dramatic rise this week fueled by concerns about dry weather in key global production regions including the Great Plains and the former Soviet ...
Fed approves expanded CME Group hours By: Dow Jones Newswires 05/18/2012 @ 12:28pm
The Commodity Futures Trading Commission has approved CME Group Inc.'s (CME) proposal to expand electronic grain futures trading to 21 hours per day, up from the current 17-hour schedule, the exchange ...
Pacific NW bulks up shipping capacity By: Dow Jones Newswires 05/18/2012 @ 6:58am
Bulk grain exports from the U.S. Pacific Northwest are likely to rise by almost 60% to 30 million metric tons in about five years as the region sharply expands capacity, a senior industry official said ...
China buy boosts soybean market By: Dow Jones Newswires 05/17/2012 @ 3:40pm
U.S. soybean futures closed higher Thursday, boosted by a Chinese purchase that was the ninth-largest soybean export sale ever for the U.S.The rise marks the third consecutive day of higher prices for soybean ...
CME seeks quick ruling By: Dow Jones Newswires 05/17/2012 @ 1:25pm
CME Group Inc. (CME) is seeking to implement expanded grain trading hours as soon as possible, bypassing a 10-day waiting period typically required by the Commodity Futures Trading Commission. A CME ...
Japan slow to cover corn needs By: Dow Jones Newswires 05/17/2012 @ 6:48am
Japan has covered only 25% of its feed corn requirements for July-September shipments in anticipation lower prices to coincide with the upcoming U.S. harvest, executives said Thursday. More than half of ...
Wheat worries spur grains higher By: Dow Jones Newswires 05/16/2012 @ 3:44pm
U.S. wheat futures closed at two-week highs Wednesday, climbing on worries about crops in the U.S. and abroad.CBOT July wheat ended 30 1/4 cents or 4.9% higher at $6.38 3/4 a bushel, KCBT July wheat rose 28 ...
Deere drops corn price estimate By: Dow Jones Newswires 05/16/2012 @ 9:11am
Deere (DE) predicts US corn prices will average $4.85/bushel this year, versus its February forecast of $5.30, while lowering its wheat view to $6.25 from $6.70 and hiking its soybean estimate to $13 ...
China's soybean needs to rise By: Dow Jones Newswires 05/16/2012 @ 6:40am
China is likely to import 58 million metric tons of soybeans in the current marketing year that began Oct. 1, up 11% from last marketing year's 52.34 million tons, the state-backed China National ...
Market eyes dry Russian wheat By: Dow Jones Newswires 05/15/2012 @ 12:14pm
Extreme dryness in key wheat-growing regions of Russia is stoking fears of further crop losses for the country, market participants said Tuesday, but neighboring Ukraine is expected to see some relief ...
Report day halt to trade? By: Dow Jones Newswires 05/15/2012 @ 9:56am
Futures brokerage R.J. O'Brien called on CME Group Inc. (CME) and IntercontinentalExchange Inc. (ICE) to halt grains trading on mornings when the U.S. Department of Agriculture issues monthly and ...
CME expansion a 'defense mechanism' By: Dow Jones Newswires 05/15/2012 @ 8:42am
Expansion of trading hours for grains on CBOT seems aimed at preventing losing volumes to rival ICE, a senior agricultural economist says. Atlanta-based ICE electronic grain futures started Monday. CME had no ...
Brazil's soybean harvest over By: Dow Jones Newswires 05/14/2012 @ 11:25am
Harvesting of Brazil's 2011-12 soybean crop was all but finished last week while high prices for the oilseed continued to encourage early sales, the local Celeres consultancy said in a weekly ...
Drought fuels 'water wars' in Brazil By: Dow Jones Newswires 05/14/2012 @ 9:31am
Severe drought gripping northeastern Brazil--the worst in a half-century--is taking its toll on more than 1,100 towns, even triggering fighting in rural areas, local media reported Sunday.An average of one ...
CFTC ponders extended trading hours By: Dow Jones Newswires 05/12/2012 @ 1:12pm
A top U.S. futures-market regulator on Friday urged caution as the main exchange for trading corn, soybeans and wheat sought a longer trading day on its electronic systems. The Commodity Futures Trading ...
Soybeans fall to six week lows By: Dow Jones Newswires 05/11/2012 @ 2:44pm
U.S. soybean futures fell Friday, dropping more than 3% to a six week low, as investors liquidated positions in riskier assets amid global economic worries. Soybeans for July delivery closed down 49 1/4 ...
Corn futures fall on USDA report By: Dow Jones Newswires 05/10/2012 @ 4:25pm
U.S. corn futures closed lower Thursday after the U.S. government unexpectedly raised its forecast for near-term corn supplies and projected a record corn harvest this autumn.Chicago Board of Trade corn ...
USDA hikes corn supply view By: Dow Jones Newswires 05/10/2012 @ 9:49am
The U.S. government Thursday unexpectedly raised its forecast for near-term corn supplies and projected a record corn harvest this autumn, moves that likely will pressure corn-futures prices. The U.S ...
Full USDA Report summary By: Dow Jones Newswires 05/10/2012 @ 9:07am
The USDA May Supply/Demand and World Production Reports highlight that the U.S. feed grain supplies for 2012/13 are projected at a record 416.3 million tons, up 16 percent from 2011/12 with higher area ...
USDA Reports recap By: Dow Jones Newswires 05/10/2012 @ 8:06am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's May supply and demand report. U.S. estimates are in billions ...
Firm corn basis reflects supply push By: Dow Jones Newswires 05/09/2012 @ 3:43pm
Historically high U.S. cash-corn basis levels for this time of year continue to reflect a market that seeks the physical ownership of corn supplies.Cash-basis levels are off the peak in prices witnessed ...
USDA report could turn fertilizer fortunes By: Dow Jones Newswires 05/09/2012 @ 3:40pm
A flood of US corn threatens to wash away all bullish arguments in the fertilizer sector, says Dahlman Rose as it downgrades nitrogen-fertilizer companies CF and CVR Partners (UAN) to sell and Rentech (RNF) to ...
Report to show lower soy stocks By: Dow Jones Newswires 05/09/2012 @ 10:24am
The U.S. Department of Agriculture on Thursday is likely to project domestic soybean inventories 11.6% lower at the end of the crop's marketing year than it previously forecast, due to strong export ...
Hog prices go belly up By: Dow Jones Newswires 05/09/2012 @ 6:39am
In the Chicago futures pits, prices of lean hogs are going belly up. The 26% decline in prices over the past nine months has frustrated traders, farmers and meat processors, who have long anticipated a ...
Dim outlook for 2012 wheat prices By: Dow Jones Newswires 05/09/2012 @ 6:33am
Wheat prices will continue to fall through 2012 and could hit US$5.00/bushel by the end of the year, down 19% from CBOT July wheat's last price in electronic trading of $6.1350/bushel, then decline ...
Soybeans slump on trade positioning By: Dow Jones Newswires 05/08/2012 @ 3:09pm
U.S. soybean futures closed lower Tuesday, extending a recent decline as market participants exited positions to reduce risk ahead of a key government report due Thursday.Soybeans for July delivery fell 27 1/2 ...
Wheat production to grow, analysts say By: Dow Jones Newswires 05/08/2012 @ 11:40am
The following are analysts' estimates in billions of bushels for 2012 U.S. winter wheat production based on conditions as of May 1, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture ...
Fresh soybean sales to China By: Dow Jones Newswires 05/08/2012 @ 8:14am
Private exporters reported to the U.S. Department of Agriculture the following activity: --Export sales of 225,000 metric tons of soybeans for delivery to China. Of the total, 60,000 tons is for delivery ...
Agency cuts Brazil soybean crop guess By: Dow Jones Newswires 05/07/2012 @ 12:39pm
Brazilian agriculture consultancy Safras & Mercado on Monday trimmed its forecast for Brazil's 2011-12 soybean crop, saying a drought this year represented farmers' "worst fears" realized.Safras ...
USDA to lower stocks, analysts say By: Dow Jones Newswires 05/07/2012 @ 6:57am
The following are analysts' estimates in billions of bushels for 2011-12 and 2012-13 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is ...
Strong basis helps corn rally Friday By: Dow Jones Newswires 05/04/2012 @ 4:00pm
Front-month U.S. corn futures closed higher on strong cash-basis levels Friday, while deferred contracts fell amid a good start to the country's growing season.Chicago Board of Trade May corn ended up 11 ...
Tour: Kansas wheat to yield 49.1 bu./acre By: Dow Jones Newswires 05/03/2012 @ 11:22pm
The Kansas winter wheat crop is likely to yield 49.1 bushels an acre, results from an annual crop tour showed Thursday. The figure, based on surveys of 608 fields over three days, is higher than the ...
Paperwork delays new e-trading hours By: Dow Jones Newswires 05/03/2012 @ 10:47am
CME Group Inc. (CME) has not yet officially notified the Commodity Futures Trading Commission of its plan to expand its grain futures trading hours, and will be unable to enact the new hours on May 14 as ...
USDA: E-trading hour changes studied By: Dow Jones Newswires 05/02/2012 @ 8:47pm
Don't expect USDA to make any snap judgements on the timing of its supply and demand reports following CME's announcement it was expanding to a 22-hour trading day in grains. The expanded day ...
USDA to speed up tracking of E. coli-tainted meat By: Dow Jones Newswires 05/02/2012 @ 3:35pm
The U.S. Department of Agriculture unveiled plans Wednesday to act quicker to prevent outbreaks of E. coli illness by tracking contaminated ground beef to its source as soon as a preliminary test detects the ...
U.S. corn export sales surge By: Dow Jones Newswires 05/02/2012 @ 8:28am
Private exporters reported to the U.S. Department of Agriculture export sales of 130,000 metric tons of corn for delivery to unknown destinations during the 2012/2013 marketing year. The marketing year ...
Wheat looking good near KS-NE border By: Dow Jones Newswires 05/01/2012 @ 2:33pm
Crop scouts on one northern leg on an annual Kansas wheat tour saw adequate moisture and good yield potential Tuesday.The scouts, traveling west across northern Kansas near the Nebraska border, reported an ...
Global corn, soy supplies to tighten, ADM says By: Dow Jones Newswires 05/01/2012 @ 6:26am
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended March 31, 2012. The company reported net earnings for the quarter of $399 million, or $0.60 per share, down ...
Beans near four-year high By: Dow Jones Newswires 04/30/2012 @ 4:24pm
U.S. soybean futures ended near 4-year highs Monday, recovering from early selling pressure on strong demand and fear of tightening inventories through 2013.New crop soy futures or contracts that ...
No trading hour changes yet, CME Group says By: Dow Jones Newswires 04/30/2012 @ 1:37pm
Expanded hours for CME grain-futures trading is widely seen as inevitable, but the exchange isn't ready to make any official move yet. Amid widespread trader chatter that CME is expanding to 22 ...
Cattle futures, BSE don't add up By: Dow Jones Newswires 04/30/2012 @ 6:17am
The Commodity Futures Trading Commission has asked the U.S. Department of Agriculture to provide a timeline of the decisions and events leading to the department's announcement Tuesday of a new case ...
Grains explode on new export demand By: Dow Jones Newswires 04/27/2012 @ 2:44pm
Near-term U.S. corn-futures prices jumped 4.6% Friday after the federal government reported the sixth-largest export sale ever for the grain, which analysts believe is headed for China.The sale, the latest ...
China corn imports to jump 50%, IGC says By: Dow Jones Newswires 04/27/2012 @ 6:35am
China's corn imports may rise 50% to around 6 million metric tons in the next IGC marketing year that begins July 1, the International Grains Council said Friday. The IGC kept China's corn ...
Exports, supplies underpin grains By: Dow Jones Newswires 04/26/2012 @ 3:33pm
U.S. soybean futures ended mixed Thursday, with futures representing the current marketing year supported by strong export demand and tightening global supplies.The most active July soybean contract finished 4 ...
Argentina's soy crop shrinks By: Dow Jones Newswires 04/26/2012 @ 1:32pm
With Argentina's soybean harvest over half done, final yields are coming in lower than initially expected and production prospects have dimmed somewhat, the Buenos Aires Cereals Exchange said in its ...
China's slowdown to hurt ag commodities By: Dow Jones Newswires 04/26/2012 @ 6:59am
China's changing economy is creating conditions for differential demand growth for commodities, with gold and coffee among the key beneficiaries and agricultural commodities the "biggest losers," ...
Soybeans set another new high By: Dow Jones Newswires 04/25/2012 @ 3:28pm
U.S. soybean futures rose to a fresh 3 1/2 year high Wednesday amid ongoing concerns about a smaller South American crop and expectations for increased export demand.Front month soybean futures climbed to an ...
Cattle prices rebound as mad-cow selling ends By: Dow Jones Newswires 04/25/2012 @ 11:54am
U.S. cattle futures rebounded Wednesday from the panicked selling of a day earlier, when traders were just learning of the fourth case of mad-cow disease in the U.S.Live-cattle futures for April delivery were ...
Cattle futures prices rebound from BSE news By: Dow Jones Newswires 04/25/2012 @ 11:43am
U.S. cattle futures rebounded Wednesday from the panicked selling of a day earlier, when traders were just learning of the fourth case of mad-cow disease in the U.S. Live-cattle futures for April delivery ...
BSE won't stop Japan's U.S. beef imports By: Dow Jones Newswires 04/25/2012 @ 8:59am
A new case of mad cow disease in the United States is unlikely to affect Japan's decision on whether to ease its import restrictions on U.S. cattle, Chief Cabinet Secretary Osamu Fujimura said Wednesday ...
Korean grocers suspend U.S. beef sales By: Dow Jones Newswires 04/25/2012 @ 8:23am
Two major South Korean retailers pulled American beef from their shelves Wednesday, reacting swiftly to reports of mad-cow disease and hoping to avoid customer protests.Korea's government said it will ...
$15 soybeans on tight supplies? By: Dow Jones Newswires 04/25/2012 @ 6:47am
Near-month soybeans futures for May delivery on the Chicago Board of Trade rose above $14.70 a bushel Wednesday, the first time since September 2008, as investors took long positions expecting tighter ...
South Korea buyers remove U.S. beef By: Dow Jones Newswires 04/25/2012 @ 6:43am
Two major South Korean retailers pulled American beef from their shelves Wednesday, reacting swiftly to reports of mad-cow disease and hoping to avoid customer protests. Korea's government said it ...
Soy futures hit 3 1/2 year high By: Dow Jones Newswires 04/24/2012 @ 3:33pm
U.S. soybean futures surged to a three-and-a-half-year high Tuesday, boosted by expectations for a smaller Argentine crop and growing demand.CBOT May soybeans closed up 24 cents, or 1.7%, at $14.61 1/4 a ...
China demand buoys wheat, corn By: Dow Jones Newswires 04/23/2012 @ 3:29pm
U.S. wheat futures closed higher Monday amid weather risks for the winter-wheat crop and higher Chinese demand.Wheat for May delivery closed up 9 1/4 cents, or 1.5%, at $6.25 a bushel at the Chicago Board of ...
Fertilizer makers have the upper hand By: Dow Jones Newswires 04/23/2012 @ 9:43am
Here's a puzzle: How is it that fertilizer prices are so stubbornly high while the production cost has plunged? The answer lies in the Corn Belt -- and it will boost fertilizer equities for the ...
China to buy U.S. corn at right price By: Dow Jones Newswires 04/23/2012 @ 6:50am
China's first-quarter corn imports surged to nearly the volume imported in the whole of 2011, as state buyers replenished reserves even while publicly downplaying the extent of the country's ...
China buys U.S. corn, trade watchers say By: Dow Jones Newswires 04/20/2012 @ 7:27am
China's private feed mills and its state stockpiler likely re-entered the market for U.S. corn this week, booking cargoes to take advantage of a recent price decline, traders and analysts say. China ...
Export news pumps up grain futures By: Dow Jones Newswires 04/19/2012 @ 3:39pm
US grain and soybean futures closed higher Thursday, with corn surging amid concerns that yesterday's selloff took prices too low, given tight current supplies.See what's happening on the CME Group ...
China needs grain, researcher says By: Dow Jones Newswires 04/19/2012 @ 7:16am
China's agricultural product supply will tighten further, despite years of bumper harvest, state-owned China.com.cn quoted a government researcher as saying. Rapidly rising food demand has shown no ...
Corn futures sag to 3-month lows By: Dow Jones Newswires 04/18/2012 @ 4:23pm
Nearby U.S. corn futures dropped to a three-month low, pressured by expectations for farmers to harvest a large U.S. crop earlier than usual this fall.Corn for May delivery at the Chicago Board of Trade closed ...
Cattle placements seen dipping By: Dow Jones Newswires 04/18/2012 @ 4:19pm
The U.S. Department of Agriculture is expected to report that fewer cattle were sent to U.S. feedlots in March compared with a year ago as fresh stockings for the beef-industry pipeline begin to fall behind ...
CME to start Black Sea wheat contract By: Dow Jones Newswires 04/18/2012 @ 10:47am
CME Group Inc. (CME) will launch a wheat futures contract for the Black Sea region, an increasingly important world grain supplier, to begin trading in June. The new contract, subject to regulatory ...
Big stock moves 'the norm' By: Dow Jones Newswires 04/18/2012 @ 8:16am
Big, daily swings in the market are becoming commonplace again. That could be a tell-tale sign foreshadowing a tumultuous future for the stock market's 2012 rally. The Dow notched another ...
Soybeans rise on export demand By: Dow Jones Newswires 04/17/2012 @ 4:30pm
U.S. soybean futures ended higher, supported by hopes for more export demand and ongoing concerns about tightening supplies.Soybeans for May delivery rose 5 3/4 cents to $14.25 3/4 a bushel at the Chicago ...
Futures slump on profit taking By: Dow Jones Newswires 04/16/2012 @ 4:05pm
U.S. grain and soybean futures dropped Monday, as market participants booked profits and rain in the U.S. improved crop-planting conditions.Lingering concerns about slowing Chinese economic growth also weighed ...
Fire causes USDA report delay By: Dow Jones Newswires 04/16/2012 @ 10:15am
The U.S. Department of Agriculture will delay issuing its crop progress report on plantings of corn and other crops, likely until Tuesday, due to a server outage after a small electrical fire, a USDA press ...
Bunge acquires Climate Change Capital By: Dow Jones Newswires 04/16/2012 @ 9:26am
Bunge Limited, a global agribusiness and food company, and Climate Change Capital Limited, a U.K.-regulated sustainable asset manager and advisor, today announced that Bunge has completed its previously ...
Worry, no hard landing for China By: Dow Jones Newswires 04/13/2012 @ 10:06am
The market has enough to worry about these days without getting the future of China tossed onto the pile. But despite the rumor that burned through the market yesterday, China's GDP came in below ...
Soybeans hit new 7-month closing high By: Dow Jones Newswires 04/12/2012 @ 4:50pm
U.S. soybean futures closed at a fresh seven-month high Thursday, boosted by optimism about export demand and favorable outside markets.Soybeans for May delivery at the Chicago Board of Trade closed up 19 ...
ICE to start farm futures trading By: Dow Jones Newswires 04/12/2012 @ 8:49am
ICE will face tough sledding as it tries to lure grain traders away from the CBOT, Allendale's Rich Nelson says. Nelson, head of research for the brokerage outside Chicago, says "the market is ...
India's wheat set to rot By: Dow Jones Newswires 04/12/2012 @ 7:58am
As India prepares to harvest a record grain crop for the second year in a row, fears are rising that its state granaries won't be able to handle the surplus and food that could feed the ...
Soy futures dip, corn gets boost By: Dow Jones Newswires 04/11/2012 @ 3:46pm
U.S. soybean futures fell Wednesday, as market participants took profits amid damped optimism that a months-long rally can further extend its course.Soybeans for May delivery closed down 4 cents at $14.22 a ...
Farmer co-op CHS sees earnings fall 60% By: Dow Jones Newswires 04/11/2012 @ 3:41pm
CHS Inc. (CHSCP), the largest farmer-owned cooperative in the U.S., reported second-quarter profit dropped 60% as the company saw earnings fall in both of its major segments.Results for the cooperative have ...
Commodities protected in China downturn By: Dow Jones Newswires 04/11/2012 @ 6:48am
Commodity markets won't be hurt by a slowdown in China's economic growth rate unless that growth cools to under 7% a year, the president of Brazil's Institute of China and Asian Studies ...
Global soybean supplies tighten By: Dow Jones Newswires 04/10/2012 @ 3:35pm
Soybean futures rose to a seven-month intraday high Tuesday after the U.S. government cut its forecast for domestic supplies.A disappointing crop in South America will continue to steer buyers to the U.S., the ...
Brazil slashes soybean estimates By: Dow Jones Newswires 04/10/2012 @ 7:57am
Brazilian government crop-forecasting agency Conab on Tuesday slashed its forecast for the country's 2011-12 soybean production while raising its expectation for the upcoming winter corn crop.Conab sees ...
Corn slumps ahead of crop reports By: Dow Jones Newswires 04/09/2012 @ 3:46pm
U.S. corn futures dropped to a fresh one-week low Monday, pressured by profit-taking as traders look to reduce risk ahead of crop reports from government forecasters.Corn futures for May delivery fell 9 1/4 ...
China imports Ukraine corn, a first By: Dow Jones Newswires 04/09/2012 @ 9:55am
China recently started importing grains from Ukraine, with the first shipment of 50,000 metric tons of corn and wheat en route, the China Daily reported over the weekend. This marks the first time China ...
Poll: USDA to lower SA crops By: Dow Jones Newswires 04/05/2012 @ 1:24pm
The following are analysts' estimates in millions of metric tons for Argentina and Brazil soybean and corn production, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled ...
The following are analysts' estimates in billions of bushels for 2011-12 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
USDA extends CRP sign-up deadline By: Dow Jones Newswires 04/04/2012 @ 5:00pm
There are so many farmers applying to idle their land -- opting to take government payments in lieu of planting crops -- that the Department of Agriculture is extending the enrollment period for a week.The ...
Informa drops SA crop estimates By: Dow Jones Newswires 04/04/2012 @ 11:47am
Private analytical firm Informa Economics on Wednesday cut its outlook for Brazil and Argentina soybean harvests, according to traders. Informa lowered its forecast for soybean output in Brazil, the ...
Brazil's 'soybean' roads improve, report says By: Dow Jones Newswires 04/04/2012 @ 6:56am
Closely watched Brazilian research firm Agroconsult said Tuesday that better highway conditions were among its principal findings after a 60,000-kilometer, two-month road trip through the country's ...
Brazil to plant record soy crop By: Dow Jones Newswires 04/03/2012 @ 3:33pm
Brazilian farmers will likely plant at least 26.2 million hectares with soybeans in the next crop, up 1.1 million hectares from the current 2011-12 crop, closely watched forecaster Agroconsult said ...
Corn rallies on tight supplies By: Dow Jones Newswires 04/03/2012 @ 3:18pm
U.S. corn futures jumped to a two-week high Tuesday, fueled by investors continuing to take a bullish stance in the market on fears of tight supplies."Corn bulls are still energized by Friday's friendly ...
Overstated U.S. corn supply? By: Dow Jones Newswires 04/03/2012 @ 10:13am
US corn inventories on March 1 were likely around 900M bushels lower than a year earlier, not the 514M reported by the USDA last week, says John Macintosh of Rand Financial Services in an article ...
EPA vote boosts ethanol use By: Dow Jones Newswires 04/02/2012 @ 6:05pm
Federal regulators Monday approved motor fuel blends that use more ethanol than most of the gasoline currently available, paving the way for a market expansion that biofuel producers have been seeking ...
Acreage worries push soybeans higher By: Dow Jones Newswires 04/02/2012 @ 3:42pm
U.S. soybean futures closed higher Monday, hitting a seven-month high on concerns that U.S. farmers this year may not plant a large enough soy crop to meet strong domestic and export demand.Soybeans for May ...
Soybeans beat corn on profit scale By: Dow Jones Newswires 04/02/2012 @ 1:04pm
Deferred soybean futures could rise further due to a need to ensure sufficient US soy acreage, Morgan Stanley says. "After Friday's close, for the first time this season, we calculate that farmers ...
Futures surge on USDA reports By: Dow Jones Newswires 03/30/2012 @ 6:46pm
U.S. corn futures rose by the maximum allowed in a day and soybeans hit a fresh six-month high as reports from the federal government renewed concerns about tight supplies of the crops.The U.S. Department of ...
Most corn acres since WWII, USDA says By: Dow Jones Newswires 03/30/2012 @ 8:33am
U.S. farmers, driven by strong crop prices, will be planting nearly 96 million acres of corn this year, topping market expectations and a 4% increase over last year's acreage, the U.S. Department of ...
USDA Report recap sheet By: Dow Jones Newswires 03/29/2012 @ 2:50pm
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's prospective planting and quarterly grain stocks reports. The ...
More corn acres, lower stocks seen By: Dow Jones Newswires 03/29/2012 @ 2:11pm
U.S. farmers are likely to plant 3.0% more corn acreage this year than last year, but only 0.7% more soybean acreage, raising concerns soybean supplies could tighten as the year goes on, according to ...
USDA: Farmer response rates drop By: Dow Jones Newswires 03/29/2012 @ 7:11am
The response rate among farmers to key government crop surveys has gradually fallen in recent years, a U.S. Department of Agriculture official said Wednesday. Farmer response rates in recent rounds of the ...
Grains fall on lack of support By: Dow Jones Newswires 03/27/2012 @ 3:56pm
U.S. grain and soybean futures ended lower Tuesday, with wheat markets absorbing the brunt of the selling pressure amid a lack of fundamental support.The declines were a function of investors acknowledging the ...
Iran buys U.S. wheat By: Dow Jones Newswires 03/27/2012 @ 7:26am
Iran is ramping up imports of wheat, including rare purchases from the U.S., in a sign Tehran is building a strategic stockpile of grain in anticipation of harsher sanctions or even military ...
Soybeans rocket on S.A. woes By: Dow Jones Newswires 03/26/2012 @ 3:58pm
U.S. soybean futures rose to a fresh six-month high on Monday on concerns about a smaller South American crop and expectations for small growth in U.S. soy plantings.Soybeans for May delivery ended up 13 3/4 ...
Survey: corn, soy acres to go higher By: Dow Jones Newswires 03/26/2012 @ 11:46am
The following are analysts' estimates in millions of acres for the 2012 U.S. Prospective Plantings report, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
Global output supports $14 beans By: Dow Jones Newswires 03/26/2012 @ 6:50am
Global soybean output may fall by 22 million metric tons to 23 million tons in the 2011-12 marketing year ending August 31, Thomas Mielke, executive director of the Hamburg-based Oil World publication ...
Soybeans up on planting, inventory worries By: Dow Jones Newswires 03/23/2012 @ 3:40pm
U.S. soybean futures closed higher Friday, boosted by concerns that U.S. soy plantings could be roughly flat compared to a year earlier and inventories may be tighter than previously expected.Soybeans for May ...
China admits corn deficit problem By: Dow Jones Newswires 03/23/2012 @ 6:38am
China's corn deficit may rise in coming years because of a swift increase in demand for corn used for processing, state-run Xinhua news agency reported Thursday, quoting a senior cabinet ...
Arg. soy crop 44.0 mmt By: Dow Jones Newswires 03/22/2012 @ 12:34pm
Argentina's 2011-12 soybean crop will likely total 44 million metric tons, the agriculture ministry said in its monthly crop report Thursday. Last month, the government had forecast production of ...
China buys Aussie wheat By: Dow Jones Newswires 03/22/2012 @ 11:37am
Chinese trading houses bought 350,000 metric tons of feed wheat from Australia, a financial news arm of the state-controlled Xinhua news agency reported Thursday. The imports were booked "in recent days," ...
Texas drought losses topped $7 billion in 2011 By: Dow Jones Newswires 03/22/2012 @ 8:29am
The state of Texas's agriculture industries lost $7.62 billion in 2011 due to the worst drought on record in that region, according to estimates from economists at Texas A&M University's Agrilife ...
Drought moves more cattle to feedlots By: Dow Jones Newswires 03/22/2012 @ 8:28am
The U.S. Department of Agriculture is expected to report a year-over-year rise in the number of cattle sent to U.S. feedlots in February compared with a year ago as the lingering drought in the Southern plains ...
Group blasts House subsidy cuts By: Dow Jones Newswires 03/20/2012 @ 6:46pm
Cuts to U.S. agriculture subsidies in the 2013 budget proposal unveiled Tuesday by Rep. Paul Ryan (R., Wisc.) go too deep and prevent lawmakers from crafting a long-term safety net for farmers in the next farm ...
Selloff sinks grain futures Tuesday By: Dow Jones Newswires 03/20/2012 @ 6:39pm
U.S. grain and soybean futures ended lower Tuesday on broad commodity weakness, as traders were averse to risk amid overbought conditions and a lack fresh export demand.The declines were driven by a widespread ...
Traders trim risk, sink grains By: Dow Jones Newswires 03/20/2012 @ 3:10pm
US corn futures drop over 2% on a combination of broad based fund liquidation across asset classes and fear of declining export demand.Traders had a tough time making a bullish case for corn Tuesday, with the ...
Ethanol push into corn oil worries livestock producers By: Dow Jones Newswires 03/20/2012 @ 2:10pm
A push by U.S. ethanol companies into corn oil is starting to give the livestock industry indigestion. Corn oil, which is used both for cooking oil and to make biodiesel fuel, has emerged over the last year ...
Japan changes U.S. wheat import rules By: Dow Jones Newswires 03/19/2012 @ 10:28am
Japan has changed the delivery rules for U.S. wheat in tenders this month due to delays in receiving cargoes but suppliers say the new structure is difficult to implement, can result in penalties, cause ...
Russia will not restrict exports By: Dow Jones Newswires 03/19/2012 @ 7:51am
The Russian government said Monday it will not place any restrictions on grain exports as the domestic market situation is stable, finally putting to rest concerns that the country could introduce duties ...
Glencore can't bet the farm on Viterra By: Dow Jones Newswires 03/16/2012 @ 2:01pm
Glencore has acquired a taste for the limelight. In less than a year, the once-secretive Swiss commodities giant has listed its shares, launched a mega-merger with miner Xstrata, and is now contemplating a ...
Record Brazil corn crop By: Dow Jones Newswires 03/16/2012 @ 1:54pm
Agriculture research firm Safras & Mercado said Friday it expects Brazil to harvest a 63.26 million metric tons of corn during the current 2011-12 crop year, down 3.7% from its initial ...
Argentina port strikes By: Dow Jones Newswires 03/15/2012 @ 10:57am
Argentina's grain exporters are gearing up for a tense strike season this year as workers press for steep pay raises amid double-digit inflation. An expected series of strikes will delay many ...
China corn import talk continues By: Dow Jones Newswires 03/15/2012 @ 7:05am
China will likely step up corn imports as U.S. prices have fallen below local prices and farmers are selling 2011 grain at a slow pace amid rains, Shang Qiangmin, director of the China National Grain and ...
Ethanol output hits 5-month low By: Dow Jones Newswires 03/14/2012 @ 11:11am
U.S. weekly ethanol production falls to a five-month low, but stockpiles remain large. US EIA reports output of 892,000 barrels/day in week ended March 9, down from 906,000 the prior week. Weekly production ...
Prices favor China corn imports By: Dow Jones Newswires 03/14/2012 @ 6:45am
China's corn import potential is intact despite a bumper crop, as local prices may consolidate at high levels, an official from a state-run Chinese concern said Wednesday. China's corn imports ...
Early spring = more corn? By: Dow Jones Newswires 03/13/2012 @ 2:11pm
The USDA's latest estimate that farmers will plant 94 million acres this year seems "reasonable" for now, but that number could grow with an early spring, says Jim Borel, DuPont's executive VP over ...
Was it China? By: Dow Jones Newswires 03/13/2012 @ 1:51pm
The U.S. corn market got the Chinese sale it was looking for Tuesday. The U.S. Department of Agriculture Tuesday reported private exporters sold 240,000 metric tons of U.S. corn for delivery to unknown ...
Cash corn prices stay firm By: Dow Jones Newswires 03/13/2012 @ 1:43pm
Solid export demand continues to underpin cash-corn prices. Tightening supplies, reflective of limited farmer selling, are drawing down corn inventories and forcing processors and exporters to keep a bid ...
Corn yield growth slowing -- Rabobank By: Dow Jones Newswires 03/13/2012 @ 1:01pm
Growth in U.S. corn yields is likely to be sluggish for the next few years, as farmers' expansion into the U.S. Plains and their abandonment of typical crop rotations limits average output, Rabobank said ...
Soybean market has a story By: Dow Jones Newswires 03/13/2012 @ 11:54am
A supply response from the US will not be enough to lead the global soybean market back into surplus in 2012-13 after La Nina devastated South American crops, Macquarie analyst Chris Gadd says ...
Argentina corn crop stable despite drought By: Dow Jones Newswires 03/13/2012 @ 8:20am
Argentina's 2012 corn output will likely total 21.5 million-22 million metric tons, little changed from 2011, a senior Buenos Aires-based trading executive said Tuesday.The country's corn output ...
Global soybean prices to rise By: Dow Jones Newswires 03/13/2012 @ 6:24am
Soybean prices are likely to rise further in the next few months due to a drought in South America and a decline in global output this year, a senior industry analyst said. Soybean prices are likely to ...
Supply may send grains lower -- FAO official By: Dow Jones Newswires 03/12/2012 @ 7:16pm
Global grain prices are likely to come under downward pressure in the second quarter due to a rise in output in major growing and exporting countries and ample stock levels, a senior economist said."If weather ...
Corn rises on basis, China speculation By: Dow Jones Newswires 03/12/2012 @ 7:13pm
U.S. corn futures ended higher Monday, boosted by speculation Chinese demand for U.S. corn will pick up.Corn for May delivery, the most actively traded month, ended up 14 1/2 cents, or 2.2%, to $6.59 1/2 a ...
DDGs, pork weekly export data eyed By: Dow Jones Newswires 03/12/2012 @ 11:33am
The U.S. Department of Agriculture's Foreign Agricultural Service has proposed the addition of pork and distillers dried grain (DDG) to a list of commodities for which weekly export sales are ...
U.S. pork exports up sharply By: Dow Jones Newswires 03/12/2012 @ 8:04am
US pork exports in January were up sharply from year-ago, as muscle cuts increased 34% by volume while total pork volume, including organ meats, rose 28%. Sales value for both were 43% above same period ...
High prices cool soybean demand By: Dow Jones Newswires 03/09/2012 @ 3:19pm
U.S. soybean futures ended lower Friday, as forecasters predicting high prices will both slow global demand and boost the size of the crop U.S. farmers plant stalled a 5-week rally in the market.Soybean prices ...
95 million corn acres? Informa says so By: Dow Jones Newswires 03/09/2012 @ 11:43am
Private analytical firm Informa Economics on Friday raised its estimates for 2012 U.S. corn and soybean plantings from prior forecasts.Informa, a closely watched crop forecaster, pegged corn plantings at ...
China corn purchases questioned By: Dow Jones Newswires 03/09/2012 @ 11:34am
US corn futures drew support Friday from speculation China is buying US corn again. But the timing and prices may not be right. Chinese officials and companies are usually hesitant to make high-profile ...
Soy prices hit 6-month highs By: Dow Jones Newswires 03/08/2012 @ 4:25pm
U.S. soybean futures ended higher Thursday, settling at a new six-month high on increasing export demand and concerns over the size of the South American crop. Soybeans for May delivery, the most actively ...
Canola topping wheat in Canada By: Dow Jones Newswires 03/08/2012 @ 4:16pm
A sea of yellow is anticipated this spring across Canada as producers continue to be mesmerized by the attractive financial returns of growing canola. The magnitude of the interest in growing canola could ...
USDA Report table By: Dow Jones Newswires 03/08/2012 @ 10:30am
The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's March world crop production and U.S. and world supply and ...
D-Day for Greece By: Dow Jones Newswires 03/08/2012 @ 7:04am
Pre-Market Brief: MARKET SNAP: At 5.46 a.m. ET, S&P 500 futures up 0.8%. Treasurys 0.01% higher at 1.99%. Nymex up at $107.38; gold advances to $1,702.2. In Europe, FTSE 100 up 1.1%, DAX gains 1.7% ...
Corn, soy supplies expected to drop - Survey By: Dow Jones Newswires 03/07/2012 @ 3:52pm
Government forecasters are expected to lower their outlook for U.S. soybean and corn supplies as drought curbs the South American crop and boosts demand for U.S. exports. The U.S. Department of Agriculture ...
Pre-USDA Report world estimates By: Dow Jones Newswires 03/06/2012 @ 12:21pm
The following are analysts' estimates in millions of metric tons for Argentina and Brazil soybean and corn production in the 2011-12 marketing year, as compiled by Dow Jones Newswires. The U.S ...
Survey: USDA pre-report estimates By: Dow Jones Newswires 03/06/2012 @ 12:11pm
The following are analysts' estimates in billions of bushels for 2011-12 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
No sharp rise in China corn imports By: Dow Jones Newswires 03/06/2012 @ 6:55am
China's imports of corn are unlikely to rise sharply over the next year or two, as the country has maintained ample domestic supplies, Nie Zhenbang, the head of China's State Grain ...
China Exchange to expand ag products By: Dow Jones Newswires 03/06/2012 @ 6:47am
The Dalian Commodity Exchange is considering launching a series of agricultural and resource futures products to help China's farm sector and boost the country's role in global markets ...
Bean rally ends, corn rises By: Dow Jones Newswires 03/05/2012 @ 4:08pm
A two-week rally in U.S. soybean futures ended Monday as traders decided to book profits amid concerns over the strength of Chinese demand. Soybeans for May delivery, the most actively traded contract, ended ...
CME to use electronic trade in June settlements By: Dow Jones Newswires 03/05/2012 @ 10:27am
CME Group Inc. (CME) said Monday it will start incorporating electronic trades into settlement procedures for corn and soybean futures in June, a couple months later than first planned.CME said the new ...
Russia port halts grain loading By: Dow Jones Newswires 03/05/2012 @ 7:23am
Russia's Black Sea port Novorossiysk, the country's main grain export outlet, isn't loading grain on ships March 4 and March 5, the port authority said Monday. The reason for the suspension ...
Brazil's soy output dropped, firm says By: Dow Jones Newswires 03/02/2012 @ 1:13pm
Private analytical firm Informa Economics on Friday lowered its outlook for the Brazilian soybean harvests, according to traders. Informa cut its forecast for soybean output in Brazil, the world's ...
Argentine Pres. sees better crop output By: Dow Jones Newswires 03/02/2012 @ 7:44am
Argentine President Cristina Kirchner said Thursday the country is on track to produce about 22 million metric tons of corn and 48 million of soybean during the 2011-12 season, based on government ...
Export demand slams U.S. soybean stocks By: Dow Jones Newswires 02/29/2012 @ 1:40pm
Three-week delays in shipping soybeans from Brazilian ports are shifting importers to the U.S. for coverage of near term supply needs.Soybean supplies stored at export terminals and elevators at Louisiana Gulf ...
World soy weather improves By: Dow Jones Newswires 02/29/2012 @ 8:58am
Temperatures near to above normal today, near to below normal Thursday-Friday, near to above normal Saturday-Tuesday. Summary...Mato Grosso/MGDS/GOIAS Scattered light showers with isolated ...
Beans still on a roll By: Dow Jones Newswires 02/28/2012 @ 2:12pm
U.S. soybean futures ended higher Tuesday, extending their recent gains on thoughts of a short South American crop and good demand from China. Soybeans rallied to their highest levels since September based on ...
Argentina JV aims to break big biotech's grip on transgenic soy By: Dow Jones Newswires 02/28/2012 @ 10:28am
Argentine biotech firm Bioceres is teaming up with U.S.-based Arcadia Biosciences to bring a host of new transgenic soybean seeds to a market dominated by global biotech giants such as Monsanto ...
Ethanol plants cut back production By: Dow Jones Newswires 02/28/2012 @ 7:13am
West Coast ethanol producer Pacific Ethanol (PEIX) sees a 5% slowdown in industry output, and says it has cut back at its own plants "a bit more than that." Ethanol companies across the country have cut ...
Beans in the teens By: Dow Jones Newswires 02/27/2012 @ 3:27pm
U.S. soybean futures extended their recent rally Monday, climbing to new five-month highs on strong export demand and declining South American crop forecasts.Soybeans have been grabbing the spotlight in the ...
U.S. farmers flush with cash? By: Dow Jones Newswires 02/27/2012 @ 8:07am
A new phenomenon is underpinning corn prices: prosperous farmers.Having benefited from high prices last year, farmers are becoming more choosy about when they sell their corn. Right now, some are opting to ...
Global soybean output to drop By: Dow Jones Newswires 02/27/2012 @ 7:11am
The International Grains Council has lowered its forecast for global soybean output in 2012-13 by almost 4%, as dry weather has affected yield potential in many areas of South America. Production is ...
Pork imports eye 14-year low By: Dow Jones Newswires 02/24/2012 @ 10:34am
US pork imports this year are expected to fall about 2% to 785M pounds, says the USDA's Shayle Shagam. If realized, that would be smallest level of imports since 1998. They fell 7% in 2010 as ...
Record corn crop, lower prices ahead - USDA By: Dow Jones Newswires 02/24/2012 @ 9:59am
The U.S. is likely to produce a record 14.27 billion bushels of corn and 3.25 billion bushels of soybeans in the 2012-13 marketing year, with the large crop pushing down prices for corn, soybeans and wheat ...
Record area for U.S. major crops By: Dow Jones Newswires 02/24/2012 @ 7:12am
Data from 2012 USDA Agricultural Outlook Forum, February 24, 2012. 2012/13 Forecast U.S. Wheat Planting 58 million acres Production 2.165 billion bushels Exports ...
Farm economy to cool off - USDA By: Dow Jones Newswires 02/23/2012 @ 11:05am
U.S. farmers this spring will plant the largest corn crop since 1944, growing supplies and driving down prices for most field crops, the U.S. Agriculture Department Chief Economist Joseph Glauber said ...
USDA sees 94 mln corn, 75 mln soy acres By: Dow Jones Newswires 02/23/2012 @ 10:54am
U.S. farmers will plant 94 million acres of corn and 75 million acres of soybeans in the 2012-13 marketing year, which would mark the largest corn plantings since 1944, U.S. Department of Agriculture Chief ...
Ethanol industry fights supply glut By: Dow Jones Newswires 02/23/2012 @ 10:46am
A surge in U.S. ethanol production and falling export demand are driving down prices for the corn-based fuel, curbing producer profits and causing some plants to shut. Ethanol inventories ballooned late ...
Cotton acres to drop 10% - USDA By: Dow Jones Newswires 02/23/2012 @ 10:34am
U.S. farmers will plant nearly 10% less acreage of the country's main variety of cotton this spring as prices are expected to continue sliding, the U.S. Agriculture Department's chief economist ...
94 mln corn acres projected By: Dow Jones Newswires 02/23/2012 @ 9:18am
U.S. farmers will plant 94 million acres of corn and 75 million acres of soybeans in the 2012-13 marketing year, which would mark the largest corn plantings since 1944, U.S. Department of Agriculture ...
Fertilizer demand dropping? By: Dow Jones Newswires 02/23/2012 @ 8:02am
Potash fertilizer demand will be down slightly this year versus 2011, Mosaic Co. (MOS) officials said Wednesday.The forecast represents a change from its previous outlook, which had continued to forecast ...
Delay in new corn approval doesn't deter Dow By: Dow Jones Newswires 02/22/2012 @ 10:51am
Dow Chemical still expects timely approval of its new Enlist biotech trait, which makes corn plants tolerant to 2,4-D herbicide, despite the USDA's two-month extension of a public comment period on the ...
Japan ups U.S. corn purchases By: Dow Jones Newswires 02/22/2012 @ 7:15am
Japan has purchased 1.8 million metric tons of U.S. feed-grade corn for April-June shipment, stepping up purchases from the world's top exporter after a delay in this quarter's shipments from ...
Record-high cash cattle By: Dow Jones Newswires 02/21/2012 @ 2:49pm
U.S. live cattle futures ticked higher on Tuesday following record-high prices in cash cattle markets on Friday. Cattle for February delivery closed up 0.2% at $1.289 a pound in trading at the Chicago ...
U.S. wheat demand improves By: Dow Jones Newswires 02/21/2012 @ 7:09am
Demand for U.S. wheat is likely to rise in the next few months and may exceed the government forecast of 26.5 million metric tons for the marketing year ending May 31 due to strong overseas demand for ...
U.S. ethanol stocks rise, demand falls By: Dow Jones Newswires 02/21/2012 @ 6:56am
A surge in U.S. ethanol production and falling export demand are driving down prices for the corn-based fuel, curbing producer profits and causing some plants to shut. Ethanol inventories ballooned late ...
Survey: Pork supplies steady By: Dow Jones Newswires 02/20/2012 @ 7:22am
Pork supplies in U.S. cold storage should match year-ago levels when monthly federal data are released, while beef inventories should drop slightly, analysts said. The U.S. Department of Agriculture will ...
South Brazil beans lack rain By: Dow Jones Newswires 02/20/2012 @ 7:11am
MATO GROSSO AND MATO GROSSO DO SUL SUMMARY- Scattered light showers during the past 24 hours. Temperatures 84-92F (29-33C). FORECAST- TODAY...Mostly dry conditions or a few light showers ...
Futures climb on exports By: Dow Jones Newswires 02/17/2012 @ 4:46pm
U.S. grain and soybean futures rallied Friday, ending higher on growing optimism about export demand across the markets.Soybean futures for March delivery at the Chicago Board of Trade climbed 9 1/4 cents to ...
Packer demand ignites cattle rally By: Dow Jones Newswires 02/17/2012 @ 2:52pm
U.S. live cattle futures rose to fresh record highs on Friday due to a surge in demand from beef processors in cash markets.Cattle for February delivery rose as high as $1.28825 a pound at the Chicago ...
Corn Belt farm values jump 22% By: Dow Jones Newswires 02/16/2012 @ 4:24pm
Farmland values in the heart of the U.S. corn belt jumped 25% in the fourth quarter versus a year ago, and posted the biggest annual increase in 36 years, the Federal Reserve Bank of Chicago said ...
Cattle owners remain optimistic By: Dow Jones Newswires 02/16/2012 @ 10:41am
Cattle feeders remain optimistic about this week's cash traidng following further gains in wholesale-beef prices Wednesday. The USDA reported the choice beef-carcass value rose $1.43 to $189.38, a ...
China makes huge U.S. soybean purchase agreement By: Dow Jones Newswires 02/16/2012 @ 6:36am
China, the world's biggest soybean importer, signed agreements in Iowa to purchase 8.62 million metric tons of the oilseed from the U.S. in a deal valued at $4.31 billion, China's Ministry of ...
Soybean, corn basis firm on exports By: Dow Jones Newswires 02/15/2012 @ 3:19pm
Strong export demand is helping keep U.S. cash-basis levels for soybeans stable even as futures rally.Exporters at the U.S. Gulf are paying between 70 and 73 cents over March soybean futures to secure ...
Potash fertilizer stockpiles continue to balloon By: Dow Jones Newswires 02/15/2012 @ 9:48am
The hole for potash miners is getting deeper. World potash inventories grew substantially in January and now match levels seen at the height of a 2009 industry downturn, Dahlman Rose says. That ...
China needs more U.S. ag products By: Dow Jones Newswires 02/15/2012 @ 7:02am
China intends to maintain nearly 100% self-sufficiency in its grain supply to meet domestic consumption, a Ministry of Agriculture spokesman said Tuesday. The statement is a reiteration of the ...
McDonald's: gestation crates gotta go By: Dow Jones Newswires 02/14/2012 @ 6:55am
McDonald's Corp. is pushing its pork suppliers to stop confining sows in small pens known as gestation stalls, moving to address concerns raised by animal-welfare advocates -- and catch up with some ...
USDA: Cattle rebuild in '14 By: Dow Jones Newswires 02/13/2012 @ 12:54pm
USDA today released the following long-term baseline projections. Note: USDA's baseline projections were compiled in November 2011, USDA officials said. As a result, the data may differ from more ...
White House proposes slashing subsidies By: Dow Jones Newswires 02/13/2012 @ 10:23am
The Obama administration is proposing to cut billions of dollars of farm subsidies and other spending from the U.S. Department of Agriculture's fiscal-year 2013 budget.The $23 billion USDA budget ...
Money managers go 'long' corn By: Dow Jones Newswires 02/13/2012 @ 7:54am
Money managers piled on long positions in Chicago Board of Trade corn and soybean futures amid worries about South American crops, according to government data Friday. Large managed funds, including hedge ...
Grains fall on commodity weakness By: Dow Jones Newswires 02/10/2012 @ 2:48pm
U.S. grain futures ended lower Friday on broad commodity weakness, as traders were averse to risk amid economic uncertainty in Europe.The declines were driven by a widespread risk-off trade in commodity ...
La Nina seen fading By: Dow Jones Newswires 02/10/2012 @ 7:23am
The impact of La Nina will likely slowly decline over the coming months, the United Nations weather body said Friday, but warned that the possibility of the reappearance of the weather phenomenon could not ...
Futures fall on supply forecasts By: Dow Jones Newswires 02/09/2012 @ 4:04pm
U.S. corn and wheat futures stumbled Thursday, fueled by investors' disappointment with world supply estimates from the U.S. Department of Agriculture.Traders looking for larger cuts in South American ...
Argentina's corn output cut, again By: Dow Jones Newswires 02/09/2012 @ 12:56pm
Argentina's 2011-12 corn production was hit by drought damage in December and January, and production is expected to reach just 21.3 million metric tons, the Buenos Aires Cereals Exchange said in ...
Traders 'tense,' prices mixed By: Dow Jones Newswires 02/08/2012 @ 4:04pm
U.S. grain and soybean futures ended mixed Wednesday, with prices trading on both sides of unchanged levels, as traders reduced risk ahead of Thursday's government crop reports.Trading was choppy, with ...
Argentine drought deemed over By: Dow Jones Newswires 02/08/2012 @ 10:29am
The drought testing Argentina's developing soybeans is over and prospects are looking brighter for the crop, Rosario Grain Exchange said Wednesday. A series of storms over the past two weeks have ...
Brazil's farmers up biotech seed usage By: Dow Jones Newswires 02/08/2012 @ 7:24am
Brazilian farmers are rapidly switching to genetically modified seeds to grow soybeans and other crops, making their the country with the highest conversion rate to biotech crops for the third ...
S.A. drought seen trimming corn supplies By: Dow Jones Newswires 02/07/2012 @ 1:19pm
A government report Thursday will highlight the impact of drought on corn and soybean crops in South America, and to what extent U.S. exports could increase as a result.The shift could have the greatest impact ...
Greece pressures U.S. Stocks By: Dow Jones Newswires 02/07/2012 @ 7:18am
The U.S. Stocks are seen as little changed Tuesday; Euro falls on disappointing German data, dollar rises against yen and pound; Treasurys lower; Nymex down at $96.60; Gold higher at $1,727.00. Overnight ...
U.S. grain stocks to shrink By: Dow Jones Newswires 02/06/2012 @ 2:07pm
The following are analysts' estimates in billions of bushels for 2011-12 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is scheduled to ...
World crop estimates seen falling By: Dow Jones Newswires 02/06/2012 @ 2:02pm
The following are analysts' estimates in millions of metric tons for Argentina and Brazil soybean and corn production, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture is ...
Stocks cruise at multi-year highs By: Dow Jones Newswires 02/06/2012 @ 6:58am
For Monday, U.S. Stocks are called lower on Greek worries; dollar higher; Treasurys higher; Nymex down at $96.66; Gold lower at $1,717.70. Overnight action: China bans airlines from EU scheme; Foreclosure ...
Soy rally on smaller SA forecast By: Dow Jones Newswires 02/03/2012 @ 4:17pm
U.S. grain and soybean futures ended mixed Friday, with soybeans rallying on smaller South American crop forecasts.Soybean futures climbed for the fourth straight day, as the combination of firm cash market ...
Corn headed toward $6.90, firm says By: Dow Jones Newswires 02/02/2012 @ 10:33am
Goldman Sachs raises price forecasts for grains and soybeans as near-term supply outlook tightens. Raises three-, six-month corn forecast to $6.90 from $6.30. That will lift wheat, firm says, making new ...
China should build grain processing plants overseas, says official By: Dow Jones Newswires 02/02/2012 @ 9:16am
China's pursuit of agricultural land overseas should be supplemented by building more grain processing facilities as part of the country's push for global expansion in the farming sector, a senior ...
World wheat damage eyed By: Dow Jones Newswires 02/02/2012 @ 8:22am
Ukrainian wheat, which is unprotected due to a lack of snow cover, will see substantial damage, according to Commodity Weather Group, as low temperature readings are likely again tonight. The forecaster ...
Futures rally for 2nd straight day By: Dow Jones Newswires 02/01/2012 @ 3:42pm
U.S grain and soybean futures ended higher Wednesday, rallying for the second straight day, with a weaker dollar and global crop concerns fueling advances.Soybean futures continued to recover from declines ...
Argentine showers not enough for soybeans By: Dow Jones Newswires 02/01/2012 @ 3:30pm
Showers in Argentina over the past days fell far short of providing the soaking needed for the parched soybean crop to recover, the Rosario Grain Exchange said Wednesday. "The recent rains weren't ...
All kinds of wheat output records By: Dow Jones Newswires 02/01/2012 @ 7:10am
Deliveries of wheat and other winter grains to Western Australia-based Cooperative Bulk Handling's facilities will reach a record 15.0 million metric tons, boosting national output figures while a ...
Grains, soy slumping on weather, USD By: Dow Jones Newswires 01/30/2012 @ 7:53am
Early calls for grains and soybeans see a down trending market, according to Dow Jones. Corn is seen down 6-8 cents, wheat off 5-7 cents and soy down 12-14 cents. "US grain and soybean futures ...
Argentine drought keeps prices climbing By: Dow Jones Newswires 01/26/2012 @ 3:43pm
Argentine soy and corn prices gained strongly this week as a lingering drought continued to stoke worries of major damage to the developing crops. Those fears helped boost global prices this week, as ...
Cattle, hog futures decline By: Dow Jones Newswires 01/26/2012 @ 3:35pm
U.S. live cattle futures recorded sharp losses Thursday as technical selling and profit-taking took back some recent impressive gains.Cattle for February delivery closed down 1.3 cents, or 1%, to $1.2455 a ...
Mostly friendly export sales By: Dow Jones Newswires 01/26/2012 @ 7:51am
For the week ended Jan 19, in thousand metric tons, except cotton in thousand running bales. Net changes in commitments are gross sales, less cancellations, buy-backs and other downward adjustments ...
Hogs climb on turning signals; cattle mixed By: Dow Jones Newswires 01/25/2012 @ 4:10pm
U.S. lean hog futures finished broadly higher on Wednesday, reflecting growing competition for supplies in cash markets.February hog futures rose 0.6 cent, or 0.7%, at 86.62 cents a pound in trading at the ...
Corn, wheat climb again By: Dow Jones Newswires 01/25/2012 @ 3:39pm
U.S. corn and wheat futures ended higher Wednesday, advancing for the fifth consecutive day amid firm cash prices and optimistic outlooks for export demand.Wheat futures led the rise in prices once again, as ...
Drought to boost U.S. corn, wheat exports By: Dow Jones Newswires 01/25/2012 @ 7:07am
With Argentina's fields withering under a relentless drought, global food prices look set to rise as analysts slash their production estimates for the South American farming powerhouse. U.S. corn ...
Arg. hot, dry weather returns By: Dow Jones Newswires 01/25/2012 @ 6:51am
CORDOBA, SANTA FE, NORTHERN BUENOS AIRES SUMMARY- Mostly dry or a few light showers, locally heavier across the north during the past 24 hours. Temperatures 79-87F (26-31C). FORECAST- ...
Russia's grain exports to decline By: Dow Jones Newswires 01/25/2012 @ 6:44am
Russian grain exports will slow down dramatically in the second half of the 2011-12 marketing year, the U.S. Department of Agriculture's Moscow attache said in a report released Wednesday, as ...
Cattle market extends rally By: Dow Jones Newswires 01/24/2012 @ 2:47pm
U.S. live cattle futures on Tuesday continued to reflect growing beliefs that cattle prices in coming weeks will continue to exceed expectations.Cattle for February delivery rose 1.2 cents, or 1%, to $1.2580 a ...
A stock market reversal By: Dow Jones Newswires 01/24/2012 @ 7:01am
Yesterday's market action was about as exciting as watching paint dry. And that's just the way the bulls like it. The major stock indexes finished virtually flat on a day in which the fireworks ...
Uneven rains trouble Brazil soy farmers By: Dow Jones Newswires 01/23/2012 @ 2:15pm
An uneven rainy season so far in Brazil has left some soybean farmers with drought-related losses while others face fungal outbreaks and problems associated with too much rain.Soybean growers in the states of ...
Argentina lacks rain By: Dow Jones Newswires 01/23/2012 @ 8:43am
BRAZIL SOYBEANS AND GRAINS Summary...RGDS/PARANA Scattered showers and thunderstorms of .25-1.00 inch. Temperatures near to above normal with highs in the low to middle 90s f. ...
U.S. demand to boost Aussie beef output By: Dow Jones Newswires 01/23/2012 @ 7:56am
An increase in beef production in Australia and growing demand in the U.S. and emerging markets should lift Australia's beef exports to a record volume in 2012, with the outlook buoying cattle ...
World soybean output cut By: Dow Jones Newswires 01/20/2012 @ 7:24am
The International Grains Council Friday reduced its global soybean production forecast for 2011-12, citing an ongoing dry spell in South America, which will likely reduce output. The IGC forecast soybean ...
Catte rise before report By: Dow Jones Newswires 01/19/2012 @ 4:16pm
U.S. live cattle futures rose sharply Thursday due to a rally in feeder cattle and trader preparations for a Friday government supply report.Cattle for February delivery rose 0.97 cent, or 0.8%, to $1.2420 a ...
Corn basis strengthens By: Dow Jones Newswires 01/19/2012 @ 4:10pm
U.S. cash basis levels for corn and soybeans at Louisiana Gulf export terminals rose Thursday, fueled by tighter available supplies and increased export demand.Limited farmer selling is tightening supplies in ...
World corn output raised By: Dow Jones Newswires 01/19/2012 @ 8:48am
World corn production is expected to rise 4.2% from last season's 826.4 million metric tons in 2011-12, the International Grains Council said Thursday, increasing its previous estimate by 7.7 ...
Hogs extend rally; cattle mixed By: Dow Jones Newswires 01/18/2012 @ 2:55pm
U.S. lean hogs extended their rally to four days on growing signs that demand for pork, which sagged during the holidays, is beginning to match current supplies.February hog futures rose half a cent, or 0.6% ...
China's grain imports to rise By: Dow Jones Newswires 01/18/2012 @ 7:23am
China's consumption of grain in 2012 is expected to increase 2.9% from last year, to 585 million metric tons, outpacing estimated output growth of 0.4%-0.6%, the Chinese Academy of Sciences ...
W. Australia wheat harvest a record By: Dow Jones Newswires 01/18/2012 @ 6:56am
Western Australia's grain harvest has hit a record level after the latest deliveries pushed this crop year's total to 14.7 million metric tons, Cooperative Bulk Handling Ltd. said ...
Cattle, hogs rally on demand signals By: Dow Jones Newswires 01/17/2012 @ 3:21pm
U.S. livestock futures closed higher on Tuesday, extending their recent rally due to signs of firm demand for beef and pork.Live cattle futures opened the week higher after prices for cattle in cash markets ...
Futures rally on S.A., dollar By: Dow Jones Newswires 01/17/2012 @ 3:14pm
U.S. grain and soybean futures rallied Tuesday, ending higher amid broad strength in commodities and worries about hot dry South American weather.Soybeans led the way higher, with Chicago Board of Trade March ...
Cattle futures having a record January By: Dow Jones Newswires 01/17/2012 @ 11:00am
U.S. live cattle futures kept hold of their bullish momentum Tuesday after last week's late-hour surge in cash cattle prices.Cattle for February delivery rose 1.15 cents, or 0.9%, to $1.2362 a pound in ...
Ag markets to "muddle through" By: Dow Jones Newswires 01/17/2012 @ 8:18am
Agricultural commodities will at best "muddle through" the first quarter of 2012 as the global economic outlook remains very weak, Morgan Stanley said Tuesday. The bank said the sector will suffer from ...
China news sparks rally By: Dow Jones Newswires 01/17/2012 @ 7:20am
Soybean futures on the Dalian Commodity Exchange rose slightly Tuesday amid a broad rally across equities and commodities, snapping a four-day losing streak, after China's gross domestic product ...
Ag prices fall 7-of-8 months in a row By: Dow Jones Newswires 01/16/2012 @ 6:45am
Agriculture prices fell by 3% in December, the seventh decrease over the past eight months, due to improved supply prospects and weak demand, the World Bank said. Wheat prices declined 4.3% as large ...
Managers go long beans By: Dow Jones Newswires 01/13/2012 @ 3:49pm
Money managers increased their long position in Chicago Board of Trade soybean futures due to worries about the health of South American crops, according to government data released Friday.Large managed funds ...
Cash basis steady, traders wait By: Dow Jones Newswires 01/13/2012 @ 2:08pm
Cash basis levels holding steady Friday, as buyers and sellers remain in a standoff, as they wait for the market to fully adjust to new U.S. grain supply forecasts from U.S. Department of Agriculture.Farmers ...
EU wheat firms on USDA report By: Dow Jones Newswires 01/13/2012 @ 8:10am
EU wheat futures were firm Friday, in line with gains in Chicago's market, after market participants fully digest Thursday's USDA report and realize the market is not that bearish, an analyst ...
Brazil's crop estimates keep falling By: Dow Jones Newswires 01/12/2012 @ 7:18am
Brazilian consultancy Agroconsult on Thursday slashed its forecasts for Brazil's current corn and soy crops, citing a recent drought in southern states. Agroconsult cut its estimate for the 2011-12 ...
USDA Report preview table By: Dow Jones Newswires 01/11/2012 @ 10:48am
CHICAGO (Dow Jones)--The following table is provided as a service to Dow Jones Newswires subscribers in conjunction with the U.S. Department of Agriculture's January winter wheat seedings, crop ...
USDA lifts Brazilian pork ban By: Dow Jones Newswires 01/11/2012 @ 7:00am
The U.S. on Tuesday dropped barriers to imports of Brazilian pork after roughly a year-and-a-half of working to guarantee the meat will comply with sanitary standards. The U.S. Department of Agriculture ...
USDA to tighten corn supplies By: Dow Jones Newswires 01/11/2012 @ 6:53am
Federal forecasters are expected to cut their estimate for U.S. corn inventories this week due to a smaller-than-expected harvest. Soybean supplies, however, are likely to hold steady as modest ...
10.0 mt of Argentine corn lost By: Dow Jones Newswires 01/10/2012 @ 7:24am
Citing what could be the worst drought in decades, Argentine Agrarian Federation President Eduardo Buzzi called on Argentina's government Monday to suspend export taxes to help struggling ...
Brazil's crop estimates drop By: Dow Jones Newswires 01/09/2012 @ 11:34am
Brazil's 2011-12 soybean and corn crops will be smaller than previously expected as unusually dry weather in the southern part of the country limits productivity, consultancy Celeres said ...
USDA to set 2012 market tone By: Dow Jones Newswires 01/09/2012 @ 7:53am
The U.S. Department of Agriculture releases its final assessment of last year's crop and the latest data on domestic grain inventories Thursday. The reports have a history of rippling well beyond futures ...
Index rebalancing to boost grain prices By: Dow Jones Newswires 01/09/2012 @ 6:46am
Strange price moves may be apparent on the commodities markets this week as two of the world's most widely followed commodities indexes undertake their annual rebalancing, analysts ...
Informa cuts corn, soybean crops estimates By: Dow Jones Newswires 01/06/2012 @ 2:12pm
Private analytical firm Informa Economics on Friday lowered its outlook for the U.S. corn crop and soy harvest, according to traders. Informa, a closely watched crop forecaster, lowered its estimate for ...
Grains slip in risk-off Thursday trade By: Dow Jones Newswires 01/05/2012 @ 3:42pm
U.S. grain and soy futures fell sharply Thursday on broad commodity weakness and an improved Argentina weather forecast that eased concerns about the crop there.The declines were driven by a widespread ...
Seed corn orders strong, supply intact -- Monsanto By: Dow Jones Newswires 01/05/2012 @ 12:22pm
Monsanto Co. (MON) is seeing strong North American demand as farmers plan to increase their corn acreage in 2012, company officials said Thursday."Early orders indicate momentum is strong," CEO Hugh Grant told ...
Is a seed corn shortage looming? By: Dow Jones Newswires 01/05/2012 @ 11:44am
As farmers across the U.S. prepare to plant this year's corn crop, they are running up against an unexpected obstacle: a lack of seed.By some estimates, U.S. supplies of corn seed are down 25% to 50% for ...
Weather to drive global corn market By: Dow Jones Newswires 01/05/2012 @ 8:03am
Global corn prices will likely move sideways or lower over the next few months, but a supply disruption due to adverse weather could spark another rally, a senior Credit Suisse executive said ...
China corn, soy imports to jump By: Dow Jones Newswires 01/04/2012 @ 6:57am
China plans to set up its first state reserves for refined oil products this year, a person familiar with the situation told Dow Jones Newswires Wednesday. The move indicates Beijing's growing sense ...
Cash basis weakens on futures rally By: Dow Jones Newswires 01/03/2012 @ 1:23pm
U.S. cash grain prices and basis levels slipped Tuesday as rallying futures prices sparked farmer selling. The cash market remains on the defensive as more grain flows into the supply line, said Karl ...
Commodities are blossoming, fund says By: Dow Jones Newswires 01/03/2012 @ 7:09am
The Thrivent Natural Resources Fund (TREFX) has a longer history than its three-month track record might indicate. In October, Thrivent expanded a fund established in 2005 that focused on real estate to ...
Monsanto targets Latin America for seed-business growth By: Dow Jones Newswires 12/22/2011 @ 10:43am
The big farms of Brazil and Argentina have become a key battleground for Monsanto Co. (MON) as the agribusiness heavyweight seeks to maintain its market leadership in genetically modified seeds in Latin ...
Worst is yet to come from La Nina By: Dow Jones Newswires 12/22/2011 @ 10:25am
The U.S. corn and wheat belt are likely to suffer drought next year, as the worst is still to come from weather phenomenon La Nina, William C. Patzert, climatologist at the National Aeronautics and Space ...
Hog herd expected to grow in 2012 By: Dow Jones Newswires 12/21/2011 @ 2:14pm
Federal officials are expected to report a modest rise in the size of the nation's swine herd and signal further expansion next year, driven by record prices this year and a profitable outlook for ...
Easing weather worries pull back cattle futures By: Dow Jones Newswires 12/20/2011 @ 10:04am
U.S. live-cattle futures fell Tuesday as concerns eased over the first major winter storm in the southern Plains.Futures prices surged to the daily limit Monday as the storm took aim at southwestern Kansas ...
Cattle traders assess winter storm impact By: Dow Jones Newswires 12/20/2011 @ 8:27am
Cash cattle markets are expected to remain quiet throughout the day as feedyards, processors and traders assess the impact of the season's first major winter storm. Heavy snow and blizzard-like conditions ...
Blizzard fears send cattle limit-up By: Dow Jones Newswires 12/19/2011 @ 3:00pm
U.S. cattle futures surged to the daily limit on one-day gains Monday on concerns a blizzard taking aim at the southern Plains could tighten near-term beef supplies.Hog futures also gained in trading Monday ...
Soybeans lead rally By: Dow Jones Newswires 12/16/2011 @ 3:29pm
U.S. grain and soybean futures ended higher Friday, as worries about South America's soybean crop led the complex higher for the second day in a row.Soybeans for January delivery at the Chicago Board of ...
2012 corn acres increased By: Dow Jones Newswires 12/16/2011 @ 12:30pm
Private analytical firm Informa Economics raised its outlook for U.S. corn plantings in 2012 and lowered projected soybean acreage for the second consecutive month on Friday, traders said. Informa, a ...
Fewer cattle headed to feedlots? By: Dow Jones Newswires 12/15/2011 @ 10:00am
The U.S. Department of Agriculture is expected to report a drop in the number of cattle sent to U.S. feedlots in November compared with a year ago, the latest evidence of a yearlong drought in the ...
Less 2012 grain volatility expected By: Dow Jones Newswires 12/14/2011 @ 2:21pm
Grain prices are likely to remain volatile in 2012, but below the highs witnessed this year, Heike Harmgart, Senior Economist at the European Bank for Reconstruction and Development told Dow Jones ...
Russia to be major exporter By: Dow Jones Newswires 12/14/2011 @ 9:52am
JPMorgan says Russia could remain a major exporter of wheat in 2012, barring significant capacity constraints, as production in the Black Sea region rebounded significantly this year from drought-hit 2010 ...
Soy, wheat lead rally By: Dow Jones Newswires 12/13/2011 @ 3:59pm
U.S. grain and soybean futures ended higher Tuesday, with soybeans and wheat leading the advances as sellers headed to the sidelines in the face of oversold conditions.Soybean futures continued a recovery from ...
Watch bean market, not Spain By: Dow Jones Newswires 12/13/2011 @ 7:35am
Investors should be compulsively checking the price of soybeans, not Spain's credit default swaps, for signs of trouble in the global economy. A recent decline in commodities prices has been ...
E-settlements for grains By: Dow Jones Newswires 12/12/2011 @ 8:18pm
CME Group Inc. (CME) will begin incorporating electronic trades into settlement procedures for corn, soybean and livestock futures in the spring, the exchange announced Monday in the latest sign of the ...
Cash basis weakens as supply fears wane By: Dow Jones Newswires 12/12/2011 @ 1:20pm
U.S. cash grain and soybean basis levels are weaker Monday, as fears of tight supplies ease amid higher government inventory forecasts and lagging export demand.Slow farmer selling continues to underpin ...
China's DDG imports to rise By: Dow Jones Newswires 12/12/2011 @ 7:02am
China's imports of distillers dried grains in the first 10 months of this year totaled slightly over 1.3 million metric tons, data shared by Shanghai JC Intelligence Co. analysts showed Monday. The data ...
Soybeans tumble on supply forecast By: Dow Jones Newswires 12/09/2011 @ 4:15pm
U.S. soybean prices tumbled Friday, with soybeans dropping more than 2%, after the U.S. Department of Agriculture reported a level of soybean inventories that were higher than expected.The higher supply ...
Lower yields to drop Brazil's soy crop By: Dow Jones Newswires 12/08/2011 @ 8:38am
SAO PAULO (Dow Jones)--Brazilian government crop forecaster Conab on Thursday trimmed its outlook for the 2011-12 soybean crop, saying output will probably fall 5.4% to 71.29 million metric tons due to ...
Soy futures climb on South America news By: Dow Jones Newswires 12/07/2011 @ 4:00pm
U.S. soybean futures ended higher Wednesday, bucking a broader slump in grains as dry South American weather threatens the soy crop there.Soybeans for January delivery at the Chicago Board of Trade closed up 1 ...
MF Global hearing set for Thursday By: Dow Jones Newswires 12/07/2011 @ 8:05am
The U.S. House of Representatives Committee on Agriculture released a witness list for a Thursday hearing on the downfall of MF Global Holdings Ltd. (MFGLQ), which includes the firm's former chief ...
U.S. farmland price bubble? By: Dow Jones Newswires 12/07/2011 @ 7:27am
SINGAPORE (Dow Jones)--U.S. farmland prices may be heading for a downward correction after having increased sharply in recent years because of speculative investment, low interest rates and high prices ...
Corn rebounds on slow farmer selling By: Dow Jones Newswires 12/06/2011 @ 4:07pm
U.S. grain and soybean futures ended higher Tuesday, as a lack of farmer selling helped corn rebound from multi-month lows.Corn for December delivery at the Chicago Board of Trade ended up 5 cents to $5.85 1/4 ...
Survey: U.S. carryouts to rise By: Dow Jones Newswires 12/06/2011 @ 2:23pm
CHICAGO (Dow Jones)--The following are analysts' estimates in billions of bushels for 2011-12 U.S. grain and soybean ending stocks, as compiled by Dow Jones Newswires. The U.S. Department of Agriculture ...
Brazil to raise more hogs By: Dow Jones Newswires 12/06/2011 @ 2:15pm
Brazil's pork production is expected to increase 2% to 3% next year amid cooling economic growth, though exports will likely expand at a faster pace, the Brazilian Pork Producing and Exporting ...
Beef-packer margins at worst in 8 years By: Dow Jones Newswires 12/06/2011 @ 9:55am
Beef-processing margins are at their weakest levels in eight years and challenging all-time lows, with factors driving the latest decline including recent weakness in beef prices, tight supplies of ...
Aussie wheat output record-large By: Dow Jones Newswires 12/06/2011 @ 7:41am
Australia's winter crop production including wheat is expected to touch records after favorable winter and spring growing conditions boosted agriculture, the government's chief commodities ...
Demand, EU troubles weigh on grains By: Dow Jones Newswires 12/05/2011 @ 3:46pm
A shift in sentiment about Europe's debt crisis and weak demand sent U.S. grain and soybean futures lower Monday.The agricultural commodities had posted early gains Monday, but the rally fizzled as ...
Cash grain prices strong despite futures dip By: Dow Jones Newswires 12/05/2011 @ 2:07pm
U.S. cash grain markets remain strong versus futures prices, but could begin to soften as grain begins to move more freely.A lack of farmer selling has boosted cash market prices and limited losses in futures ...
Faulty data roils corn market By: Dow Jones Newswires 12/05/2011 @ 6:46am
Government reports about the U.S. corn crop have become increasingly unreliable of late, contributing to wild swings in corn prices, a Wall Street Journal analysis shows. Over the past two years, the ...
Corn demand to trump China economy By: Dow Jones Newswires 12/05/2011 @ 6:42am
A slowdown in China's economy in 2012 is unlikely to weaken the country's agricultural demand, since the government can secure global supplies to replenish low domestic inventories, Rabobank ...
Cellulosic fuel company closes, USDA loses By: Dow Jones Newswires 12/02/2011 @ 3:37pm
Range Fuels, Inc., a once ballyhooed company expected to become the first U.S. company to make cellulosic fuel on a commercial scale, is being shuttered and prepared for liquidation, leaving the U.S ...
Pork production tops beef for first time in three years By: Dow Jones Newswires 12/01/2011 @ 1:50pm
The USDA reports pork output in America for the week ended November 19 topped beef for first time since December 2008. Large hog supplies, along with strong world demand for pork, have encouraged ...
Livestock futures rise on broad market strength By: Dow Jones Newswires 11/30/2011 @ 3:42pm
U.S. livestock futures rose broadly Wednesday, helped by strong rallies in stock and commodity markets worldwide on a flurry of positive macroeconomic news.Live cattle futures for December delievery closed up ...
Fed rate cut buoys cattle futures By: Dow Jones Newswires 11/30/2011 @ 11:08am
U.S. live cattle futures climbed Wednesday, fueled by a broad market rally as traders kept an eye on winter weather and cash markets.Cattle for December delivery were recently up 1.30 cents, or 1.1%, to ...
Corn prices to be hit by S American, US output - Morgan Stanley By: Dow Jones Newswires 11/30/2011 @ 9:15am
Morgan Stanley said Wednesday that corn prices will likely come under pressure in the second half of next year, as rebounding production from South America and the U.S. increases supply.Analysts at the bank ...
Winter wheat crop ratings improve By: Dow Jones Newswires 11/29/2011 @ 9:41am
U.S. winter wheat conditions improved in the past week, with improvement reported in some key hard red winter wheat states.As of Sunday, 52% of the crop was in good-to-excellent condition, up two percentage ...
