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The old saying that perception is reality may have a place, on occasion, when market volatility increases.
A sweeping $867 billion farm bill failed to pass the U.S. House of Representatives on Friday.
(Adds context for bill's failure)
By Amanda Becker and Susan Cornwell
WASHINGTON, May 18 (Reuters) - The Republican-controlled
U.S. House of Representatives failed to approve a sweeping $867
billion farm bill on Friday after conservative Republicans
warned party leaders not to hold the vote until they were given
the chance to consider a bill to clamp down on immigration.
SAO PAULO, May 18 (Reuters) -
* Brazil's 2018 second corn crop, its main crop of the
seen at 48.76 million tonnes, 27.6 percent smaller than in 2017,
consultancy Safras & Mercado said on Friday
* The new estimate is 16.6 percent down from the Safras
released in April
(Recasts with U.S. trading, adds new analyst quote, changes
byline/dateline; pvs LONDON)
By Mark Weinraub
CHICAGO, May 18 (Reuters) - U.S. wheat futures rallied on
Friday, with the benchmark Chicago Board of Trade soft red
winter wheat contract surging 3 percent on forecasts for
dry conditions that could further stress an already damaged
GENEVA, May 18 (Reuters) - India and the European Union have
given the World Trade Organization lists of the U.S. products
that could incur high tariffs in retaliation for U.S. President
Donald Trump's global tariffs on steel and aluminium, WTO
filings showed on Friday.
The EU said Trump's steel tariffs could cost $1.5 billion
and aluminium tariffs a further $100 million, and listed rice,
cranberries, bourbon, corn, peanut butter, and steel products
among the U.S. goods that it might target for retaliation.
MOSCOW, May 18 (Reuters) - Russia's Economy Ministry said on
Friday that the United States has refused to discuss its steel
and aluminium tariffs with Russia within the framework of the
World Trade Organization (WTO), Interfax news agency reported.
The ministry also plans to inform the WTO that it may
introduce measures in response to Washington, Interfax cited the
ministry as saying.
(Writing by Polina Ivanova; Editing by Catherine Evans)
The role of females in precision ag is steadily evolving.
By Polina Devitt
MOSCOW, May 18 (Reuters) - A veteran of the Russian farm
sector who once lobbied for the creation of a "grain OPEC" was
appointed deputy prime minister in charge of agriculture on
Alexei Gordeyev, 63, was agriculture minister for 10 years
until 2009, when he became head of one of Russia's regions and
then a representative of President Vladimir Putin in the
country's central federal district.
* Maize planting winding down across the EU
* Warm spell helped French sowing pick up after slow start
* French maize area to stay low, German/Polish sowings rise
* Dryness a concern in central/eastern Europe
By Gus Trompiz and Michael Hogan