SAO PAULO, Feb 22 (Reuters) - Brazil's BRF SA
reported a 789 million reais loss in the fourth quarter of last
year, missing a consensus estimate of 212 million net income, as
the food processor failed to sustain a recovery started in the
By Karl Plume
CHICAGO, Feb 22 (Reuters) - Grain barge shipping came to a
near standstill in parts of the U.S. Midwest on Thursday as
recent heavy rain and melting snow swelled rivers, halted barge
loading and sidelined the towboats that haul farm belt crops to
Gulf Coast export terminals.
(Adds South Korea's decision to appeal ruling, changes
By Yuka Obayashi and Jane Chung
TOKYO/SEOUL, Feb 23 (Reuters) - The World Trade Organization
largely upheld a Japanese complaint against South Korean import
bans and additional testing requirements imposed on Japanese
seafood because of the 2011 Fukushima nuclear disaster.
CHICAGO, Feb 22 (Reuters) - Chicago Mercantile Exchange live
cattle on Thursday lost ground for a second day in a row,
weighed down by lower cash prices and an increased supply
outlook, traders said.
They said sell stops and fund liquidation contributed to
Some investors adjusted positions before the U.S. Department
of Agriculture (USDA) monthly Cattle-On-Feed report on
February live cattle, which will expire on Feb. 28,
closed 1.300 cents per pound lower at 128.350 cents. April
(Updates U.S. market activity to close)
By Michael Hirtzer
CHICAGO, Feb 22 (Reuters) - U.S. grain and soy futures were
about flat on Thursday in largely technical-driven trading as
investors awaited supply and demand estimates from an annual
Department of Agriculture forum due early on Friday.
(Adds financial details, company background.)
SAO PAULO, Feb 22 (Reuters) - Brazilian energy and logistics
company Cosan SA Indústria e Comércio on Thursday
reported a net profit of 686 million reais ($211.10 million) in
the quarter ended Dec. 31, up from 183 million reais a year
Cosan said it benefited from the recovery in the Brazilian
economy, citing larger fuel and natural gas sales compared with
the year-earlier quarter.
BUENOS AIRES, Feb 22 (Reuters) - The Argentine Chamber of
Biofuels (CARBIO) said on Thursday that increased U.S. duties on
Argentine biodiesel were "arbitrary and illegal" and would shut
Argentina out of the market in the United States.
The U.S. Commerce Department on Wednesday slapped
anti-dumping duties of between 60.44 percent to 276.65 percent
on biodiesel from Argentina and Indonesia, on top of already
steep anti-subsidy duties.
SAO PAULO, Feb 22 (Reuters) - Brazil's energy and logistics
company Cosan SA Indústria e Comércio reported on
Thursday a net profit in the quarter ended Dec. 31 of 686
million reais ($211.10 million) compared with 183 million reais
a year earlier.
Argentine farmers have agreed to pay perpetual royalties when they replant genetically modified seeds made by companies like Monsanto Co.
Mexican buyers imported 10 times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants.