CORRECTED-Cofco's Brazil unit likely to raise ethanol output in 2018/19 cycle

(Corrects second paragraph to say the sector, not the company,
could decide to cancel contracts)

SAO PAULO, April 26 (Reuters) - The Brazilian unit of
Chinese agribusiness conglomerate Cofco is likely to raise
ethanol output in the 2018/19 harvest cycle amid strong demand
for the fuel in the South American country, an executive said on
Thursday.

GRAINS-U.S. corn futures ease after rally; wheat also weak; soy firm

(Recasts; updates with U.S. trading, adds new analyst quote,
export data; changes byline, dateline; pvs HAMBURG)
By Mark Weinraub
CHICAGO, April 26 (Reuters) - U.S. corn futures eased on
Thursday on a round of profit-taking following a rally to a
nine-month high, with forecasts for improved planting weather in
key growing areas also weighing on prices, traders said.
"The central and southern Midwest and Delta should finally
see an extended stretch of drier weather, lasting through the

NEWSMAKER-After rescuing Petrobras, CEO Parente called in to calm BRF

By Ana Mano and Aluisio Alves

SAO PAULO, April 26 (Reuters) - A Brazilian commodities
giant racking up losses as tensions flare on its board and
corruption scandals grab headlines — Pedro Parente has been here
before.

The scale of challenges at food processor BRF SA
may not compare with what the 65-year-old chief executive of
Petroleo Brasileiro SA tackled at the state-run oil
company.

German minister calls for clearer labelling of unhealthy food

HAMBURG, April 26 (Reuters) - Germany’s food industry must
label unhealthy products more clearly, the country’s new
agriculture and consumer protection minister said on Thursday.

“About 15 percent of our children and young people are
overweight, about 17 billion euros ($8.5 billion) of healthcare
costs are generated annually by diet-related illnesses,” Julia
Kloeckner told a food industry conference in Berlin.

UPDATE 1-IGC raises forecast for 2018/19 global corn crop

* Wheat stocks seen falling for first time in six seasons

* Soy output falls this season, seen recovering in 2018/19
(Adds comments, details)

LONDON, April 26 (Reuters) - The International Grains
Council (IGC) on Thursday made a slight increase to its forecast
for 2018/19 global corn (maize) production although a drawdown
in stocks is still anticipated for a second successive season.

Asia Rice-Vietnam rates up for 5th week; currency moves weigh on India, Thailand

By Arpan Varghese

BENGALURU, April 26 (Reuters) - Rice export prices rose for
a fifth straight week in Vietnam as demand remained robust and
supplies thinned, but rates of Indian and Thai varieties dipped
amid weakness in the local currencies of the top exporters.

Vietnam's 5 percent broken rice prices <RI-VNBKN5-P1> rose
to $445-$450 from $438-$440 previously.

China's Premier Li says open to negotiating trade with U.S.

BEIJING, April 26 (Reuters) - China is open to negotiating
with the United States on trade and both countries should manage
their conflicts through dialogue, Premier Li Keqiang was quoted
as saying by state media on Thursday.

Li made the remarks at a meeting with U.S. Secretary of
Transportation Elaine Zhao, according to China Central
Television.
(Reporting by Beijing Monitoring Desk; Editing by Nick Macfie)

Pages