Insights and Stories of Reuters

CBOT wheat, corn, and soy end higher

Jul. 19, 2013 at 3:43 pm CDT

U.S. wheat futures rose on Friday, supported by end-of-week short-covering as well as another export sale to China, traders said. • The benchmark Chicago Board of Trade September soft red winter wheat contract rose 3-1/4 cents to $6.63-3/4 a bushel. Prices peaked at $6.70, but ran into resistance at the […]

U.S. cattle placements fall in June amid lush pastures

Jul. 19, 2013 at 2:32 pm CDT

By Reuters

Cooler and damper outlook for pollinating U.S. corn crop

Jul. 19, 2013 at 2:29 pm CDT

By Reuters

Crop-friendly weather for U.S. Midwest into autumn: NOAA

Jul. 18, 2013 at 5:02 pm CDT

By Reuters

Saskatchewan crops in good shape despite storm damage

Jul. 18, 2013 at 11:15 am CDT

By Reuters

Soybeans rise for 3rd session on weather-damage fears

Jul. 17, 2013 at 9:02 am CDT

U.S. new-crop soybeans rose for the third day on Wednesday on fears hot weather could damage the harvest, despite forecasts saying temperatures could cool slightly. Fundamentals * Chicago Board of Trade November soybeans rose 0.16 percent to $12.88-1/4 a bushel, having firmed 1.8 percent on Tuesday. * December corn climbed […]

By Reuters

Oil exec says ethanol RINs ‘out of control,’ urges action

Jul. 16, 2013 at 4:12 pm CDT

A leading U.S. oil executive urged legislators on Tuesday to relax a requirement to use renewable fuel in gasoline, blaming an “out of control” market in biofuel credits known as RINs for adding to fuel costs in a recent run-up in gasoline prices. At a Senate Energy Committee hearing, lawmakers […]

By Reuters

Mosaic to slow potash production

Jul. 16, 2013 at 3:01 pm CDT

Mosaic Co will run its Canadian potash mines at less than 75 per cent of capacity collectively for maintenance in the current third quarter, as prices for the crop nutrient slip. The U.S. fertilizer company will curtail production at its Colonsay, Sask. mine, chief financial officer Larry Stranghoener said on […]

By Reuters

U.S. crop weather not picture-perfect, but pretty good

Jul. 15, 2013 at 3:10 pm CDT

Corn and soybean growing weather in the U.S. Midwest this week will not be ideal, but overall it should be satisfactory in most key acreage areas, agricultural meteorologists said on Monday. • Global Weather Monitoring said the forecasts were not perfect for crop-growing conditions but it also will not be […]

By Reuters

CEO says half Smithfield’s U.S. pork will soon be off ractopamine

May. 15, 2013 at 5:12 pm CDT

Smithfield Foods, the world’s largest pork producer, said Tuesday it will soon raise half of its hogs on feed that does not contain the additive ractopamine, a lean-muscle-promoting drug that has been banned in China and Russia. Two Smithfield plants, which handle 43,000 hogs a day or about 10 per […]

By Reuters