Grains, Seeds, Vegoils & Meals

Oct 20 - In glyphosate review, WHO cancer agency edited out "non-carcinogenic" findings 

The World Health Organization's cancer agency dismissed and edited findings from a draft of its review of the weedkiller glyphosate that were at odds with its final conclusion that the chemical probably causes cancer. Documents seen by Reuters show how a draft of a key section of the International Agency for Research on Cancer's (IARC) assessment of glyphosate - a report that has prompted international disputes and multi-million-dollar lawsuits - underwent significant changes and deletions before the report was finalised and made public. Click here to read full stories.

Oct 20 - Argentina sees corn planting up 5.2 pct amid global grains glut 

Argentine farmers are expected to expand corn planting by 5.2 percent this season, the government said on Thursday, as the free-market policies of President Mauricio Macri encourage crop rotation after decades of over-planting soy. Soon after taking office in late 2016 Macri eliminated a 20 percent tax that had been placed on international corn shipments and ditched the strict export controls that the previous government had placed on corn and wheat. Click here to read full stories.

Oct 20 - Vilmorin sees GMO maize opening in China in wake of Syngenta 

Vilmorin expects China to end a ban on growing genetically modified crops after ChemChina's takeover of Syngenta, potentially benefiting Vilmorin due to a maize licensing deal it has with Syngenta. State-owned ChemChina completed the takeover of Swiss crop seed and chemical group Syngenta earlier this year, one of several multi-billion consolidation deals in an agricultural supplies sector strained by low crop prices.  Click here to read full stories.

Oct 20 - Informa lowers U.S. 2018 corn plantings forecast, raises soy 

Private analytics firm Informa Economics lowered its forecast of U.S. 2018 corn plantings to 90.460 million acres, from 91.880 million acres previously, according to an Informa client note dated Thursday and obtained by Reuters. The firm raised its U.S. 2018 soybean plantings forecast to 90.347 million acres, up from its month-ago projection of 89.057 million acres. Click here to read full stories.

Oct 20 - U.S. House members ask EPA not to lower biofuels requirements 

A group of 22 members of the U.S. House of Representatives asked the Environmental Protection Agency in a letter on Thursday not to lower some requirements for mixing biofuels into the country's fuel supply, but also not to let ethanol exports qualify for renewable fuel credits, according to a copy of the letter obtained by Reuters. The members of Congress are part of a bipartisan voting bloc dedicated to supporting the biofuels industry called the House Biofuels Caucus. They represent districts in states such as Iowa and Illinois where farmers grow corn for ethanol and other biofuels. They urged the agency to increase biomass-based biodiesel requirements and not to decrease the amount of advanced biofuels required to be added to the fuel supply. Click here to read full stories.

Oct 20 - SovEcon raises Russian grain export forecast by 1.1 pct to 44.5 mln tonnes 

Russia's SovEcon agriculture consultancy said on Thursday it had upgraded its forecast for Russia's 2017/18 grain exports by 500,000 tonnes, to 44.5 million tonnes, due to a fast pace for supplies earlier in the season, which started on July 1. Its estimate for Russia's 2017/18 wheat exports was raised to 33.9 million tonnes from 32.4 million tonnes, for barley exports by 200,000 tonnes to 4.5 million tonnes. Click here to read full stories.

Oct 20 - Asian Palm Oil Prices Tad Higher Ahead of Data Release (Dow Jones)
Asian palm oil prices are trading slightly higher in early trade ahead of the release of Malaysia export estimate data later in the session for the first 20 days of October. The market will be looking to see whether exports have held up and where demand is coming from. The Bursa Malaysia benchmark contract is currently trading up 4 ringgit a ton at MYR2726 a ton.

Oct 19 - Ethiopia postpones tender to buy 400,000 T wheat - trade 

Ethiopia has postponed the offer deadline for its international tender for about 400,000 tonnes of milling wheat until Oct. 24, European traders said on Wednesday. The original tender deadline was Tuesday, Oct.17.

Oct 19 - Asian CPO Ends Lower but Market Range Trading (Dow Jones)
Asian palm oil prices close lower Thursday, but continue to trade in a tight range as there are few specific drivers. The market is looking for further information about supply of other oilseed crops such as canola and soybeans because tightness there will likely support palm oil prices. The Bursa Malaysia benchmark palm oil contract was down 19 ringgit a ton at the close of trade at MYR2,722.

Oct 19 - COFCO delays $20 mln port hub in southern Brazil 

A division of Chinese commodity trader COFCO has delayed completion of a $20 million port hub in southern Brazil, three sources told Reuters, as it struggles to reorganize operations after merging its Nidera BV and Noble Agri businesses. The transshipment hub on the bank of the Sinos river, which is still under construction, is expected to move 850,000 tonnes of grains per year - from trucks to barges bound for Rio Grande for export, and receive imported wheat shipped through that port. Click here to read full stories.

Oct 19 - Palm prices may rise to $850/T on weak output recovery, tight stocks - Dorab Mistry

Crude palm oil prices are forecast to rise to $800 per tonne CIF Rotterdam by January, with potential to hit $850 by March 2018, said leading edible oils analyst Dorab Mistry on Wednesday. Mistry said palm oil prices would rise due to tight inventory levels as production recovery in Malaysia and Indonesia was weaker than expected. Indonesia and Malaysia produce nearly 90 percent of global palm oil. Click here to read full stories.

Oct 19 - Geneva-based Grainbow sues Egypt's state buyer GASC for $1.2 mln 

Geneva-based grain trading firm Grainbow has filed a case in an Egyptian administrative court against Egypt's state grain buyer GASC in relation to a Russian wheat sale, sources close to the matter said on Wednesday. Ivan Vikoulov, managing partner at Gibraltar-based grain trader Quorum Capital Ltd, which cooperates closely with Grainbow, told Reuters the firm had filed the claim for $1.2 million in relation to the supply of Russian wheat to GASC which was made in early March. Click here to read full stories.

Oct 19 - Brazil's JBS shuts 7 plants after $230 mln asset freeze 

Brazilian meatpacker JBS SA shut down seven slaughterhouses in Mato Grosso do Sul after a court-ordered asset freeze affected its operations in Brazil's second largest cattle-producing state, a press representative said on Wednesday. The world's largest meatpacking company said in an emailed statement that the plants would stay closed until the matter is resolved. Click here to read full stories.

Oct 19 - Trump 'committed' to U.S. renewable fuels - Iowa governor 

U.S. President Donald Trump sought to ease concerns on Wednesday that his administration would make major alterations to biofuels policy, telling Iowa's governor he was committed to a decade-old biofuels program even as a top official considers changing it. U.S. law requires fuel companies to add biofuels like ethanol to the country's fuel supply through the 'renewable fuel standard', adopted in 2005. The Trump administration is considering lowering the mandatory level, a worry for corn-growing states like Iowa. Click here to read full stories.

Oct 19 - Not so fast: France's Macron and his farmers get trade onto "full" EU agenda 

French President Emmanuel Macron has succeeded in pushing trade onto the agenda of the European Union summit which starts on Thursday, calling for caution in commercial deals that would bring a surge of beef and other agricultural imports. Macron said last week that France was in no hurry to a deal with the Mercosur bloc of Argentina, Brazil, Uruguay and Paraguay by the end of the year, a goal the European Commission has set, noting that the mandate dates back to 1999. Click here to read full stories.

Oct 19 - Asian Palm Oil Remains Rangebound (Dow Jones)
Asian palm oil prices are slightly lower in early trade, but trading remains rangebound as the market looks for new drivers. Focus now turns to Malaysia palm oil export estimates for the first 20 days of October, on whether exports continue to hold up. However, key will be data following the end of the Indian Divali festival this week as the holiday has been seen as a driver of demand. The Bursa Malaysia benchmark palm oil contract is currently trading down 10 ringgit a ton at MYR2,731 a ton.

Oct 19 - NZD Soft on Soured Milk Outlook, Political Risk (Dow Jones)
The NZD has been tracking modestly weaker over the past 24 hours. It touched a low of 0.7120 in New York. Two factors are likely in play, says BNZ. A soft GDT dairy auction Tuesday triggered a couple of forecast reductions to Fonterra's milk payout for the current season. BNZ reduced its projection to $6.30 from $6.75. The makings of soft dairy pricing continuing over coming months are there, BNZ adds. The currency market is also nervous ahead of a possible announcement of the formation of a new government.

Oct 18 - Malaysian Cash Market Prices for Palm Oil Unavailable
Data for Indonesian and Malaysian cash market prices for palm oil are unavailable due to a holiday.

Oct 18 - Inspection battle threatens Egypt's wheat supply 

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. Those trips, funded by exporters, have been cancelled as part of Egypt's efforts to streamline imports worth more than $1 billion a year. Traders say the new system has backfired as inspectors are now rejecting cargoes at Egyptian ports on arbitrary and unpredictable grounds. Click here to read full stories.

Oct 18 - Slow wheat planting pace in Kansas could signal acreage shifts - Braun 

Planting of the 2018/19 U.S. winter wheat crop is off to what could be the slowest start in history. But the most jarring delays reside in top-grower Kansas, bringing the intended acreage – and thus production potential – under scrutiny. The lag in Kansas is so severe relative to history that it seems impossible for there not to be an additional explanation aside from the common planting headaches, which are usually related to weather. Click here to read full stories.

Oct 18 - U.S. Wheat Associates to close its Cairo, Egypt office 

U.S. Wheat Associates, a trade group that promotes U.S. exports, is closing its office in Egypt after about 40 years, a spokesman said on Tuesday, reflecting the loss of market share for U.S wheat in the country. Egypt is the world's biggest wheat importer and has turned to Russia and other suppliers in the Black Sea region. Russian wheat production has soared in recent years, and higher freight costs by about $17 a tonne have made U.S. wheat less competitive compared to Russian supplies. Click here to read full stories.

Oct 18 - Brazil hails WTO decision in chicken case against Indonesia 

Brazil said it may renew chicken exports to Indonesia as early as 2018 after a World Trade Organization (WTO) panel ruled on Tuesday that the Southeast Asian country's restrictions on such imports from the South American nation were unjustified. "We understand the decision will allow the elimination of the barriers," Carlos Cozendey, economic affairs undersecretary at Brazil's foreign ministry, told a press conference. Click here to read full stories.

Oct 18 - France's InVivo launches digital grain export platform 

French cooperative group InVivo has launched a digital export platform allowing it to gather wheat and feed barley offers promptly from its members to meet international demand, reducing price volatility risk. Difficult market conditions in recent years, amplified by an exceptionally poor French crop in 2016, had led InVivo, one of Europe's largest grain exporters, to cut back its trading team by more than a third.  Click here to read full stories.

Oct 18 - Chinese soy prices fall as acreage, imports rise, may hurt effort to cut corn – ministry

Chinese soybean farmers may earn less this year than last year if prices of the oilseed keep falling, said an agriculture ministry official on Tuesday, and that may threaten the nation's efforts to promote soy production instead of corn. Chinese soybean prices started at a low level this year and have dropped rapidly since harvest began in September, pressured by higher domestic output and large volumes of imports, said Tang Ke, director of the market and economic information department at the agriculture ministry. Click here to read full stories.

Oct 18 - India's Andhra Pradesh investigates planting of Monsanto's unapproved GM cotton 

One of India's biggest cotton-growing states has formed a panel to investigate how 15 percent of the state's cotton acreage has been planted with a non-approved genetically modified strain developed by Monsanto and may bring criminal charges. The three-member panel will investigate the usage of Monsanto's Bollgard II Roundup Ready Flex (RRF) in the southern Indian state of Andhra Pradesh and alert the federal government about any violation of the country's environmental protection laws, according to a copy of the state government order dated Oct. 17 and reviewed by Reuters. Click here to read full stories.

Oct 18 - Dairy Prices Fall Could Be Due to Demand Side Weakness (Dow Jones)
The fall in dairy prices in the Global Dairy Trade auction may be the result of demand side weakness as this is the second time we have seen overall dairy prices fall, says Westpac Bank in a note; "While we were anticipating a pullback in prices this year, the actual outcome of auctions have been softer than expected." Westpac notes that China remains key as a market for New Zealand dairy production and therefore "the outcome of the National Congress will provide color around the size of influence economic reforms may have on Chinese demand for dairy products going into 2018."

Oct 18 - Fall in Dairy Auction Prices Surprise Given Wet Weather (ASB Bank)
Fall in prices in the Global Dairy Trade auction was a surprise given wet weather is curtailing milk production in the world's largest exporter, New Zealand, says ASB Bank in a note; "We suspect that recent price weakness relates to the seasonal peak in auction volumes. In addition, Fonterra's recent increases to auction volumes, which go against the grain of the change in production outlook may also be a factor." However it notes that these factors are temporary and weaker supply fundamentals will dominate over a longer period sending prices higher by year end. The Global Dairy Trade index ended down 1%.

Oct 18 - NZD Soft as Dairy Dips; Political Risk Elevated (C.B.A)
NZD/USD is slightly lower after whole milk powder prices decreased by 0.5% at the regular dairy auction. By contrast, dairy futures indicated whole milk powder prices would rise by between 2% and 4%, says CBA. New Zealand First still hasn't announced which party (Labour or National) it will support for New Zealand's next government, maintaining an element of political risk around the currency. According to media reports, New Zealand First leader Winston Peters said a decision will be made by the end of the week, CBA adds.

Oct 17 - Asian Palm Oil Prices End Down, Remains in Range (Dow Jones)
Asian palm oil prices ended the session lower, though the commodity continues to trade in its recent range. The market continues to be focused on broader oilseed supply and whether this tightens over the coming months. Data released Monday estimate that Malaysia palm oil exports remain strong in the first half of the month. Bursa Malaysia benchmark palm oil prices are down 21 ringgit at MYR2,741 a ton at the close.

Oct 17 - USDA forecast puts U.S. soybeans in uncharted territory - Braun 

Just when analysts thought they had figured out the pattern in the U.S. Department of Agriculture's U.S. soybean forecasts, the agency’s latest estimate broke form and created even more uncertainty in the market. In its monthly U.S. crop production report on Thursday, USDA increased harvested area of the oilseed by 740,000 acres but lowered the yield by 0.4 bushels to 49.5 bushels per acre.  Click here to read full stories.

Oct 17 - NOPA September crush below expectations at 136.4 mln bushels

The U.S. soybean processing pace in September fell short of trade expectations but was the highest total for the month in 10 years, the National Oilseed Processors Association said on Monday. NOPA said that its members crushed 136.419 million bushels of soybeans in September, down from 142.424 million bushels in August. The September crush last year was 130.235 million bushels. Click here to read full stories.

Oct 17 - Brazil's JBS withdraws plan for U.S. processed food unit IPO 

JBS SA has pulled a planned $500 million U.S. initial public offering of processed food subsidiary JBS Foods International BV, almost six months after a spree of corruption and food safety scandals in Brazil hurt investor demand for the deal. In a Friday filing with the U.S. Securities and Exchange Commission, JBS Foods International requested a withdrawal of the IPO. While neither company gave a new timetable for the IPO, JBS said in a statement to Reuters that a U.S. listing of JBS Foods "is the best way possible to maximize shareholder value." Click here to read full stories.

Oct 17 - Russian wheat export prices fall, tracking global benchmarks 

Russian wheat export prices fell in quiet trade last week as global wheat benchmarks in Chicago and Paris declined on expectations of large crops in the main producing regions, including Russia, analysts said on Monday. Russia, one of the world's largest wheat exporters, is expected to harvest a record grain crop this year. As of Oct. 12, farmers had harvested 130.3 million tonnes of grain, before drying and cleaning, from 93 percent of the total area. Click here to read full stories.

Oct 17 - France seeks food safety inclusion in EU-Mercosur deal: envoy 

France will propose changing the European Commission's mandate to negotiate a trade deal with South America's Mercosur bloc to include food safety provisions, its envoy to Brazil said on Monday. French ambassador Michel Miraillet said there was heightened concern in the European Union over food safety after a series of recent scandals, including the bribing of inspectors by meatpackers in Brazil to overlook sanitary practices. Click here to read full stories.

Oct 17 - U.S. wants end to Canada protection for dairy sector - source 

U.S. negotiators at talks to update the North American Free Trade Agreement want Canada to dismantle its system of protections for the dairy and poultry sectors, a move Ottawa will reject, a source briefed on the matter said on Monday. The proposal is the latest in a string of hard line demands from the U.S. side that are increasingly fueling doubts as to whether the Trump administration wants NAFTA to collapse. Click here to read full stories.

Oct 17 - U.S. wheat offered lowest in Iraq's purchase tender 

The lowest price offer submitted in the tender from Iraq's state grains board to buy at least 50,000 tonnes of hard wheat was $299 a tonne c&f for wheat to be sourced from the United States, European traders said on Monday. The wheat in the tender which closed on Monday can be sourced only from the United States, Canada or Australia. Click here to read full stories.

Oct 17 - Asian Palm Oil Prices Tad Lower on Moves in Oilseed Prices (Dow Jones)
Asian palm oil prices have fallen slightly in early trade following a slight softening in soybean prices in Chicago overnight. Palm oil prices remain around historically-high levels due to concerns about supply of not just palm oil in the market but a tightening in supply of substitutes such as soyoil. The Bursa Malaysia benchmark palm oil contract is currently trading down 4 ringgit a ton at MYR2,757 a ton.

Oct 17 - Sarawak Oil Palms Keeps Allure With Fresh Fruit Bunch Growth (Dow Jones)
Malaysia's Sarawak Oil Palms still looks an attractive buy given expectations of continued double-digit growth in fresh fruit bunch products in 2018 and 2019 that could offset lower crude palm oil prices next year, says RHB Research. The broker maintains its buy rating and raises its target price on Sarawak Oil Palms to MYR4.70 from MYR4.20 previously. The stock last traded at MYR4.18. It has climbed 13.6% so far this year.

Oct 17 - Whole-Milk Powder Rallies Ahead of Dairy Auction (Dow Jones)
NZX whole-milk-powder futures have a bright start to the trading day, with solid gains ahead of the Global Dairy Trade auction. But CBA notes that futures, an indicator for the auction, are largely in line with levels set in the previous sale after falling the past 2 weeks. The NZX 3-month whole-milk-powder contract is up 2% at US$3,100/metric ton.

Oct 16 - U.S. experts doubt EPA curbs on Monsanto, BASF herbicides will halt crop damage 

U.S. weed specialists doubted on Friday that new federal restrictions on the use of a controversial weed killer, sold by Monsanto Co and BASF, will prevent recurrences next year of crop damage linked to the chemical. The impact of the rules limiting sprayings of dicamba herbicides, announced by the U.S. Environmental Protection Agency (EPA), may affect Monsanto's biggest-ever biotech seed launch - soybeans engineered to resist the chemical. Click here to read full stories.

Oct 16 - Funds dial back bearish grains stance after USDA report -Braun 

Large global inventories and the lack of a bullish story have recently caused money managers to be generally bearish toward CBOT grains and oilseeds. In the week ended Oct. 10, funds hit their largest collective short position since June. But those stances have been shaken up in the days since, especially with soybeans, as the U.S. Department of Agriculture revealed some relatively surprising numbers for the U.S. corn and soybean crops. Click here to read full stories.

Oct 16 - BASF to harvest seeds, herbicide businesses from Bayer for $7 bln 

BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. BASF, the world's third-largest maker of crop chemicals, has so far avoided seed assets and instead pursued research into plant characteristics such as drought tolerance, which it sells or licenses out to seed developers. Click here to read full stories.

Oct 16 - Bunge shares jump after WSJ reports Glencore standstill agreement 

Shares of U.S. commodities trader Bunge Ltd surged on Friday after the Wall Street Journal reported that Glencore PLC had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May.  Click here to read full stories.

Oct 16 - Indian state revokes order to check planting of Monsanto GM cotton 

A leading Indian cotton producing-state has withdrawn an order asking government officials to inspect fields planted with an unapproved variety of genetically modified (GM) cotton developed by Monsanto Co, the world's No. 1 seed maker. Farmers in Andhra Pradesh have planted 15 percent of the cotton area in the state with Bollgard II Roundup Ready Flex (RRF), prompting the local government on Oct. 5 to form a panel of officials to inspect the fields of farmers growing RRF.  Click here to read full stories.

Oct 16 - U.S. makes NAFTA dairy proposal, eyes action on milk row - sources 

U.S. negotiators at talks to renew the North American Free Trade Agreement on Friday formally asked Canada to address a bilateral dispute over dairy pricing, a request the Canadians are set to resist, sources familiar with the talks said. U.S. dairy producers are unhappy that Canadian farmers this year started selling milk proteins to domestic processors at a discount, curbing the flow of American imports. U.S. officials say Canadian farmers are overproducing milk, contributing to depressed world prices. Click here to read full stories.

Oct 16 - Mercosur wants bigger share of EU beef market in trade deal - Argentine group 

One of Argentina's biggest farm groups said Friday that South America's Mercosur should be able to export 400,000 tonnes of beef a year to the European Union under a free-trade deal the two blocs are negotiating - more than five times the EU's offer. Luis Etchevehere, the head of the Argentine Rural Society (SRA), called the EU's proposal to lower tariffs on 70,000 tonnes of beef per year from Mercosur nations as "absurdly insufficient." Click here to read full stories.

Oct 16 - Egypt's agricultural exports rose 13.9 pct in first 9 months of 2017 

Egypt's agricultural exports rose 13.9 percent during the first nine months of 2017, reaching 4.1 million tonnes compared to 3.6 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Sunday. Egypt's agricultural exporters have seen a surge in demand since the country floated its currency last November, allowing it to roughly halve in value as part of reforms tied to a three-year $12 billion International Monetary Fund loan agreement. Click here to read full stories.

Oct 16 - Asian CPO Prices Tad Up Supported by Broader Oilseed Prices (Dow Jones)
Asia palm oil prices are a touch higher in early trading as strength in the oilseed complex continues to support palm oil prices. The market will likely takes some cues from the release of Malaysia palm oil export estimates for the first half of October that are due out later in the session. The Bursa Malaysia benchmark palm oil contract is currently trading up 4 ringgit a ton at 2761 ringgit a ton.

Oct 16 - China's Soybean Imports to Keep Expanding on Crush Margins (Dow Jones)
China's soybean imports will likely continue to grow as the margins for crushing soybeans to create oil and meal are solid, says Capital Economics. The U.S. Department of Agriculture's decision to revise up its 2017/18 soybean crush forecasts last week backs this view, CE says. Last week, Chinese trade data for September showed that imports of soybeans fell slightly from August but were still up by 13% on the prior year.

Oct 16 - New Zealand's Small Lamb Crop to Push Prices Higher (Dow Jones)
Lamb prices in New Zealand, the world's largest exporter, are likely to remain elevated due to a smaller lamb crop from last year, and are headed for the second highest level on record, says ASB Bank in a note. "Of course other factors such as the weather and the level of the NZD may change this outlook. But at this juncture, we expect lamb prices to remain health over 2017/18." Farm body Beef and Lamb NZ expect the number of lambs born in New Zealand fell 1.9% in the year that ended May 31.

Oct 13 - China September soybean imports soar 13 pct, top forecasts

China, the world's top soybean buyer, imported 8.1 million tonnes of the oilseed in September, up 12.7 percent on a year ago, after crushers saw margins improve over the summer and anticipated healthy demand for soymeal from hog farms. The September arrivals, released by China's General Administration of Customs, beat market forecasts of around 7 million tonnes, boosted by faster-than-expected loading of beans in South America, analysts said. Click here to read full stories.

Oct 13 - Pace of U.S. corn, soybean harvests casts doubt on USDA crop views

An unusually slow start to U.S. corn and soybean harvests has raised questions about the accuracy of the government's production forecasts issued on Thursday and some traders made big bets the crop size will be substantially smaller when all fields are cut. The U.S. Agriculture Department's October production report, the first to include yield data from major production areas, was calculated with the pace of harvest for both corn and soybeans at a three-year low. That cut the amount of actual yield data. Click here to read full stories.

Oct 13 - Algeria's 2017 grain output at 3.5 mln T vs 3.4 mln T in 2016 - official

Algeria's grain output for the 2017 season reached 3.5 million tonnes, slightly up from last year's 3.4 million tonnes, a senior official at the agriculture ministry told Reuters on Thursday. Algeria, one of the world's largest grain importers, has been trying to boost domestic production and cut purchases from abroad in a bid to ease financial pressure caused by a sharp fall in energy earnings, the main source of state finances. Click here to read full stories.

Oct 13 - UK rapeseed crop up by 23 percent - ministry

Britain's rapeseed crop was 23 percent bigger this year at 2.18 million tonnes due to a sharp rise in yields, the country's farm ministry said on Thursday. Rapeseed yields increased by 26.5 percent to 3.9 tonnes per hectares while the crop area was 2.8 percent lower at 563,000 hectares, the ministry said in a report. Click here to read full stories.

Oct 13 - U.S. weather forecaster pegs La Niña chances at 55-65 pct

Conditions are favoring the likelihood of the La Niña weather pattern, which can cause floods and droughts, during the Northern Hemisphere's fall and winter, a U.S. government weather forecaster said on Thursday. The National Weather Service's Climate Prediction Center said in a monthly forecast that the chances of La Niña were at 55 percent to 65 percent. Click here to read full stories.

Oct 13 - Tunisia buys soft wheat, durum, feed barley in tender

Tunisia's state grains agency purchased about 50,000 tonnes of soft milling wheat, 75,000 tonnes of durum wheat and 50,000 tonnes of feed barley in an international tender which closed on Thursday, European traders said. The grains can all be sourced from optional origins. Click here to read full stories.

Oct 13 - Asian Palm-Oil Prices Pull Back (Dow Jones)
Asian palm-oil prices are lower in early trading, undoing yesterday's gains. Prices have been range-bound this month as the impact of increased supplies have been largely offset by price gains in other oilseeds. Soybeans rose sharply overnight as the USDA reduced its future estimates for both US and global inventories. The Bursa Malaysia benchmark contract is down 0.6% at MYR2,694/ton.

Oct 13 - China to Significantly Boost Corn Consumption for Ethanol Production (Dow Jones)
China estimates that the country's corn consumption will increase dramatically in the year through September 30, 2018, mainly due to the expansion of bio-fuel ethanol production in China, helping to reduce the country's corn stockpile, according to the Ministry of Agriculture. China doesn't release data on its stockpiles, but the ministry forecasts that the country will use 4.3 million metric tons more corn next year than the country will produce or import. It estimates that corn imports will fall to 1.5 million tons from 2.3 million tons a year earlier.

Oct 12 - Asian CPO Ends Higher on Robust Demand, Investor Optimism (Dow Jones)
Malaysian palm oil futures continue to gain supported by rival soy oil prices. Firmer export demand for palm oil, particularly from China and India this month, has kept the market sentiment upbeat, traders say. But there are nagging concerns that a rise in production could pressure prices. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended up MYR14 at MYR2,710/ton ($642).

Oct 12 - Asian Palm Oil Prices Tad Higher, Likely on Bargain Hunting (Dow Jones)
Asian palm oil prices are slightly higher Thursday, likely due to bargain hunting in the market. However, moves higher are likely to be somewhat capped by September data that shows that palm oil inventories are continuing to accumulate in Malaysia, limiting concerns about tightness in the market. The Bursa Malaysia benchmark palm oil contract is currently trading up 11 ringgit at MYR2,707 a ton.

Oct 12 - China's Pork-Farm Closures Weighing (Dow Jones)
China's environmental push to close down hog farms to reduce pollution is pushing down prices and reducing import demand, says Chenjun Pan at Rabobank. She notes summer closures have resulted in more pigs being slaughtered, increasing domestic meat supplies. But falling sow numbers indicate supplies might tighten in 6 months. "The pork market is always very volatile...but this time the volatility is more serious," says Pan.

Oct 12 - China raises forecast for 2017/18 corn deficit on robust demand

China on Thursday increased the forecast for its deficit in corn supply in the 2017/18 crop year to 4.31 million tonnes from the 890,000 tonnes predicted last month, stoked by lower-than expected output and higher anticipated demand. Corn output is expected to drop to 210.1 million tonnes versus last month's forecast of 212.48 million tonnes, the agriculture ministry said, adding that less land had been planted with corn than earlier thought following reduced government support. Click here to read full stories.

Oct 12 - Monsanto settles GM cotton dispute with three Indian seed firms

Three leading Indian cotton seed makers have settled an intellectual property dispute with Monsanto Co over its genetically modified (GM) seed technology, partly ending a legal tussle that has drawn in the Indian and U.S. governments. Ajeet Seeds, Kaveri Seed Co Ltd and Ankur Seeds were among six Indian companies that delayed payments to Monsanto, demanding a cut in royalties they paid to the U.S. firm to licence its technology. Click here to read full stories.

Oct 12 - What to look for in USDA data beyond U.S. corn, soy crops - Braun

Whenever the U.S. Department of Agriculture updates supply and demand outlooks, adjustments to U.S. corn and soybean production typically steal the spotlight from other items on the global balance sheets at this time of year. But since the market expects marginal changes to these usual favorites, elements outside the United States – particularly in wheat – may be the ones moving the world balance sheets this month. Click here to read full stories.

Oct 12 - Dow to sell GMO soy seed under tight U.S. controls, awaiting China approval

Dow AgroSciences will launch a genetically engineered soybean seed that has been barred by major importers under tight controls in the United States next year, the company said Wednesday, as it seeks to avoid roiling global trade while making sales to farmers. Archer Daniels Midland Co, one of the world's largest grain companies, will oversee the handling of the harvests to keep them out of Europe and China, which have not yet approved imports of the soybeans. Click here to read full stories.

Oct 12 - CME Group declares victory over cattle market volatility

CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours, implemented new rules on order messaging and taken other steps to limit volatility in its cattle market. Click here to read full stories.

Oct 12 - La Niña transition to help flooded Argentina crop fields but hurt yields

Declining precipitation in Argentina due to a transition toward the La Niña climate phenomenon will relieve flooded crop fields in the coming months, but drier conditions could harm soybean and corn yields, meteorologists told Reuters.Nearly 1 million hectares (2.5 million acres) of Argentina's vast Pampas grains belt are affected by excess water after above-average rainfall spurred by the El Niño climate phenomenon, a warming of ocean surface temperatures in the eastern and central Pacific Ocean. Click here to read full stories.

Oct 12 - EU pesticide debate needs more "independent expertise" - Macron

France and the European Union need independent scientific experts to guide them on divisive environmental issues such as pesticides, French President Emmanuel Macron said, criticising some research as prone to lobbying pressures. The EU has struggled to find a consensus on farming questions such as pesticides and genetically modified crops, and is still debating whether to extend the licence of popular weedkiller glyphosate.  Click here to read full stories.

Oct 12 - French wheat stocks forecast cut on EU trade, slow farmer selling

France's farming agency lowered its outlook for soft wheat stocks at the end of the season, pointing to healthy demand from other European Union countries and a slowdown in crop sales by farmers. In a monthly supply and demand update on Wednesday, FranceAgriMer pegged soft wheat stocks at the end of the 2017/18 season in June at 3.2 million tonnes, down from 3.4 million estimated previously. Click here to read full stories.

Oct 12 - Bangladesh approves purchase of rice from Myanmar

Bangladesh approved on Wednesday the purchase of 100,000 tonnes of white rice from Myanmar, putting aside worsening relations over the Rohingya refugee crisis, as the government seeks to address a shortage of the staple. Traditionally the world's fourth-biggest rice producer, Bangladesh has emerged as a major importer of the grain this year after floods damaged its crops and sent domestic prices to record highs. Click here to read full stories.

Oct 11 - Asian CPO Ends Tad Higher on Improved Export Demand (Dow Jones)
Malaysian palm oil futures swung between losses and gains to end marginally higher Wednesday, supported by strong demand from top-buyers China and India. But persistent worries of higher production and mounting inventories of the tropical oil will continue to pressure near-term prices, traders say. Prices will trade between MYR2,650/ton and MYR2,750/ton, says David Ng of Philip Futures in Kuala Lumpur. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended up MYR1 at MYR2,695/ton ($638).

Oct 11 - Cargill expands food starch line-up in 'clean label' push

Global commodities trader Cargill Inc said on Tuesday it will increase its offerings of starch product options, seeking to capture rising demand for simpler ingredients and to meet changing consumer tastes. The Minneapolis-based agribusiness will now sell new "native starches" produced from plants such as corn and wheat, as an alternative to more processed starch derivatives used to bulk up food products such as pasta sauce. Click here to read full stories.

Oct 11 - Beef up: rains cut distressed sales of Australian cattle, drive prices higher

Australian beef prices are rising for the first time in five months as rains across key livestock-producing regions bring relief to farmers, ending months of distressed sales of animals following one of the worst droughts in decades. Parched areas of New South Wales and Queensland, the country's key cattle-raising states, have seen widespread rains over the past week, analysts and the official weather forecaster said, with more showers expected. Click here to read full stories.

Oct 11 - How a businessman struck a deal with Islamic State to help Assad feed Syrians

While Syrian President Bashar al-Assad was accusing the West of turning a blind eye to Islamic State smuggling, a member of his parliament was quietly doing business with the group, farmers and administrators in the militants' former stronghold said. The arrangement helped the Syrian government to feed areas still under its control after Islamic State took over the northeastern wheat-growing region during the six-year-old civil war, they said. Click here to read full stories.

Oct 11 - Brazil's 2017/18 grain output may drop due to weather - Conab

Brazilian farmers will likely produce a smaller amount of corn and soy in the 2017/18 season due to less favorable weather than the prior crop year, food supply and statistics agency Conab said on Tuesday. In its first forecast for the 2017/18 crop, Conab estimated Brazilian grain production at between 224.1 million tonnes and 228.2 million tonnes, compared with 238.5 million tonnes in the prior cycle. The lower end of the range would represent a 6 percent drop in output. Click here to read full stories.

Oct 11 - ADM expanding output of GMO-free soymeal in Germany

U.S. agribusiness group Archer Daniels Midland Co. said it will make further investments to produce more high-protein soymeal free of genetically-modified organisms (GMOs) at its Straubing crushing plant in Germany. "The decision to invest in the production of non-GMO high-protein soybean meal is a logical step after the successful implementation of non-GMO soybean processing at the site in May 2016," said Jon Turney, general manager, European soybean crush at ADM in a statement. Click here to read full stories.

Oct 11 - France raises maize crop estimates on good yields

France's farm ministry raised its forecasts for the country's 2017 sugar beet and maize harvests, saying dry and hot spells this year appeared to have had a limited impact on yields. Sugar beet production is now seen at 41.9 million tonnes, up from 40.5 million estimated last month and 21 percent above last year, the ministry said in a crop report published on Tuesday. Click here to read full stories.

Oct 11 - Turkey requires approvals for some Russian agricultural imports - minister

Turkey has imposed a requirement that some agricultural imports from Russia get the approval of the Turkish authorities, with effect from Oct. 9, Customs Minister Bulent Tufenkci said on Tuesday. Describing the move as a reciprocal measure, Tufenkci said at a ceremony in Ankara that approvals would be sought for nine products including corn, common wheat, durum wheat, sunflower oil and pulp, paddy rice and dried peas. Click here to read full stories.

Oct 11 - U.S. top court lets Conagra cooking oil class action proceed

The U.S. Supreme Court on Tuesday refused to hear a bid by Conagra Brands Inc to escape a class-action lawsuit accusing it of falsely labeling its cooking oil as 100 percent natural even though it had genetically modified ingredients. Conagra had asked to the justices to hear its appeal of a lower court ruling allowing the suit to proceed despite difficulties in determining who should be included and excluded in the litigation, a problem often encountered in disputes over low-cost products. Click here to read full stories.

Oct 11 - Brazil police say JBS owners "profited" from inside information

Brazil's police investigation into insider trading by the owners of the world's largest meatpacker JBS SA has found that they made a profit by taking financial positions before details of their plea bargain deal with prosecutors became public, the head of the probe said on Tuesday. Police chief Edson Garutti, told Globo News that brothers Joesley and Wesley Batista knew they had information that would impact the market and profited with trades with stocks and foreign currency before details of the plea deal and leniency agreement for the company were made public, on May 17. Click here to read full stories.

Oct 11 - Asian CPO Likely Under Pressure as Weaker Demand, Rising Output (Dow Jones)
Weaker demand post the festive seasons and rising output and inventory levels are expected to weigh on the CPO price outlook, says Nomura analyst June Ng. She adds that prices have already started to fall due to rising inventory levels and recent increase in import duties. Ng says she sees CPO prices trading around 2,650 ringgit a metric ton in 2018. The Bursa Malaysia benchmark palm oil contract closed down 41 ringgit a ton Tuesday at MYR2,694 a ton.

Oct 11 - Rice Output, Stockpiles Seen Falling in India (Dow Jones)
India's current-season rice production is expected to be 2.4% lower from a year earlier on reduced plantings and lower yields due to prolonged dry conditions and floods during critical stages in some rice-growing states, the USDA says. It predicts the output drop resulting in inventories for the world's largest rice producer falling 10%.

Oct 10 - Adecoagro spies opportunity in U.S.-Mexico trade tensions

Adecoagro SA sees a long-term opportunity in the Trump administration's call for a renegotiation of NAFTA, spying a chance for corn, rice and other crops it produces in Argentina and Brazil to find a market in Mexico, its CEO said. Farming and agricultural processing firm Adecoagro has shipped cargoes of corn and rice to Mexico from South America in the past few months, Chief Executive Officer Mariano Bosch said to Reuters on Monday, in an interview during the Reuters Global Commodities Summit. Click here to read full stories.

Oct 10 - Funds dump bullish soyoil bets, CBOT oilshare long plunges -Braun 

Money managers sold Chicago-traded soybean oil futures and options at a record clip in the week ended Oct. 3, according to data from the U.S. Commodity Futures Trading Commission. This produced the largest-ever weekly shift in speculator sentiment in the CBOT oilshare, which represents soyoil’s share of value in soybean products.  Click here to read full stories.

Oct 10 - Philadelphia-area refiners urge Trump to reform biofuels program

Oil refinery workers, executives and local politicians gathered near Philadelphia on Monday to urge the White House revamp the nation's renewable fuels program, arguing the future of their plants are at stake. The U.S. renewable fuel program requires higher levels of ethanol and other biofuels to be blended into the nation's fuel pool, a requirement pitting the oil industry against the powerful farm lobby. Click here to read full stories.

Oct 10 - Egypt's GASC seeks wheat for Nov. 20-30 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 20-30. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Oct 10 - Strong demand spurs Russian wheat and barley prices

Russian wheat and barley export prices rose last week amid strong demand from buyers including Egypt and Saudi Arabia, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and October delivery were at $193 a tonne on a free-on-board (FOB) basis at the end of last week, up $2 from a week earlier, agriculture consultancy IKAR said. Click here to read full stories.

Oct 10 - Dry weather slows Brazil soy planting; rain expected next week - forecaster

The absence of regular rains in the Mid-West and Southeast of Brazil will hamper soy planting this week but moisture will return to states like Mato Grosso over the coming days, according to a forecast by Rural Clima on Monday. Soy farmers will need "patience" and should proceed "with caution" as irregular rains prevail, said Marco Antonio dos Santos, founder of Rural Clima. Rains should return at the end of this week and next week. Click here to read full stories.

Oct 10 - K+S shares sink as salt firm's shake-up turns sour

German minerals company K+S plans to combine its salt and potash businesses to make savings and target customers more effectively, it said on Monday, disappointing investors hoping for a more far-reaching overhaul. Shares in the world's biggest salt producer and No.5 seller of potash fell as much as 7 percent after it also delayed by a year to 2019 a goal to return to positive free cash flow. Click here to read full stories.

Oct 10 - Asia Biodiesel Outlook Positive as Palm Oil Prices Fall (Dow Jones)
Outlook for biodiesel production in 2017 is positive for Indonesia and Malaysia as palm oil prices decrease, boosting competitiveness of biofuels relative to fossil fuels, says BMI Research in a note; "Both countries maintain ambitious blending targets in the long term, but we continue to believe biodiesel production will provide modest support to palm oil consumption and therefore to prices in 2017 and beyond." It adds that Indonesia has kept an aggressive policy to support biodiesel production over recent years while the government remains committed to implementing the long-awaited B10 (10% biodiesel in all fuels) mandate in 2017.

Oct 10 - Indonesia Palm-Oil Supplies Ticked Down in August (Dow Jones)
Indonesia palm-oil supplies fell slightly in August due to a 20% jump in exports and 14% higher domestic consumption, says the Indonesian Palm Oil Association. Up later Tuesday is Malaysia Palm Oil Board data; investors will look for whether supplies there rose in September.

Oct 09 - Asian CPO Ends Tad up on Investor Optimism of Lower Production (Dow Jones)
Asian crude palm oil price futures ended higher Monday, on expectations of a drop in production and lower inventories. "Investors are upbeat ahead of a crucial report to be released by the Malaysian Palm Oil Board on Wednesday," says a Kuala Lumpur-based trader. Gains in soy oil prices have also been price-supportive, he adds. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 5 ringgit at the close at MYR2,735/ton.

Oct 09 - EU headed for mixed maize crop after scorching summer

The maize harvest under way in the European Union is set to bring sharply contrasting yields as some countries suffer losses from summer heatwaves and drought while others have benefited from rainfall or irrigation. The mixed prospects have led the European Commission to forecast overall EU grain maize production at about 59 million tonnes, about 1 million tonnes below last year and well short of the average crop over the past five years.  Click here to read full stories.

Oct 09 - Egypt orders sieving of halted French wheat shipment - prosecutor's document

Egypt's prosecutor ordered a French wheat cargo held for containing poppy seeds to be unloaded and sieved, a document from the prosecutor's office seen by Reuters showed on Saturday. A decision on whether to re-export the cargo will be made after it is sieved. Click here to read full stories.

Oct 09 - Indian state to inspect cultivation of Monsanto's unapproved GM cotton

A top Indian cotton-producing state has ordered an inspection of fields planted with an unapproved variety of genetically modified seeds developed by Monsanto, which is fighting to retain its market in the world's biggest grower of the fibre. Farmers in Andhra Pradesh have planted 15 percent of the cotton area in the state with Bollgard II Roundup Ready Flex (RRF), prompting the local government on Friday to form a panel of officials to "inspect the fields of farmers growing RRF". Click here to read full stories.

Oct 09 - Brazil, Argentina call EU trade offer to Mercosur disappointing

The European Union farm products offer presented this week during talks in Brasília on a trade deal with the Mercosur bloc was disappointing, negotiators for Brazil and Argentina said on Friday. Brazil's chief negotiator, Ambassador Ronaldo Costa Filho, said the European offer to allow 70,000 tonnes of beef and 600,000 tonnes of ethanol to enter the EU with lower tariffs was far from what Mercosur members were expecting and will make the goal of reaching a deal by December more difficult. Click here to read full stories.

Oct 09 - Brazil's 2017/18 soybean output seen at 109.98 mln T - Poll

Brazil's soybean output in the 2017/18 crop season is expected to reach 109.98 million tonnes according to an average of 10 estimates compiled by Reuters on Friday. In a previous poll in August, estimates indicated production at 110.60 million tonnes. Brazil's soybean planted area this season is seen at 34.77 million hectares, up from 34.70 million in the previous survey. Click here to read full stories.

Oct 09 - Asia Palm-Oil Prices Rise, Following Oilseeds (Dow Jones)
Asian palm-oil prices continue to erase late-September declines ahead of Wednesday's release of Malaysia Palm Oil Board data. Also helping is modest Friday gains in US oilseeds, a competing vegetable oil. Malaysian benchmark prices are up 0.3% at MYR2,744/ton.

Oct 09 - Thai Rice Prices Continue to Decline as Baht Falls (Dow Jones)
Thai rice prices are continuing to decline this week partly due to a weaker Thai baht against the dollar, says Capital Economics in a note. "However, there has been less appetite for Thai rice since the start of the year." It adds that domestic producers in Thailand have struggled to offload stocks as a sharp appreciation of the baht against the currencies of the main importing countries during 2017 has made Thai rice exports less competitive.

Oct 09 - Australian Wool Prices Poised to Add to Gains (Dow Jones)
Australian wool prices are just below August's record high and could rise further as supplies to the market are set to slow. Farm group Australia Wool Innovation notes the country is still suffering from extremely dry conditions, with virtually no rain falling in wool-growing districts the past week. It adds while production is expected to remain similar for the year ending June 30 as the prior year, more has already been sold. "It is inevitable that at some stage volumes hitting the market will dwindle, and that is likely to occur sooner rather than later." The Eastern Market Indicator, the global benchmark for wool prices, rose 2% last week to A 15.50/kilogram.

Oct 06 - Asian CPO Ends Stronger on Gains in Rival Oil (Dow Jones)
Malaysian palm oil futures swung between gains and losses to end Friday's trading session slightly higher, driven by strength in rival soy oil prices. Forecast of lower production and a drop in palm oil stocks is likely to support near-term prices, analysts say. Official data on production, exports and stocks are to be released next week. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended MYR12 higher at MYR2,732/ton. ($644.7)

Oct 06 - Informa boosts U.S. corn, soybean harvest outlook

Private analytics firm Informa Economics raised its forecasts for U.S. corn and soybean production on Thursday, trade sources said. Informa estimated the 2017 corn crop at 14.182 billion bushels, with an average yield of 170.5 bushels per acre. Soybean harvest was seen at 4.474 billion bushels, with an average yield of 50.0 bushels per acre. Click here to read full stories.

Oct 06 - AgroGeneration faces mixed crop year in Ukraine after summer drought 

French farm operator AgroGeneration said on Friday that summer drought in eastern Ukraine will affect its sunseed harvest and could push its production down this year despite a bumper wheat crop. The Paris-listed firm, which farms just over 100,000 hectares in Ukraine, has observed a "significant" hit to yields in sunseed already harvested in the east, Vice Chairman Pierre Danon said in an interview, declining to give a precise figure. Click here to read full stories.

Oct 06 - Big global crops capping CBOT price moves, volatility: Braun 

Chicago corn and soybean futures in 2017 have been confined to the smallest ranges during the U.S. growing season in over a decade as the world continues to bang out bumper crops with minimal interruption. Through Oct. 5, the seasonal ranges on benchmark contracts December corn and November soybeans are the smallest since 2003 and 2006, respectively. For corn, the price spread is the smallest in the era of the Renewable Fuel Standard or RFS, which beginning in 2007 gave U.S. corn a gateway to the fuel market in the form of ethanol. Click here to read full stories.

Oct 06 - EU raises 2017/18 wheat production, export estimates

The European Commission increased its monthly estimate of 2017/18 usable soft wheat production in the European Union by 1 million tonnes to 140.4 million tonnes. That compared with 133.7 million tonnes produced in 2016/17, the Commission said in a crop report released on Thursday. Click here to read full stories.

Oct 06 - EU set to delay vote on weed-killer glyphosate

Health experts from European Union countries are expected to discuss whether or not to extend the licence for herbicide glyphosate at a meeting starting on Thursday, but will only vote on the issue later this year. Europe has been debating for two years whether to allow the weed-killer, used in Monsanto's Roundup, with no clear majority of countries for or against a licence extension and concerns that it is carcinogenic. Click here to read full stories.

Oct 06 - Saudi Arabia's SALIC considers Russian grain investment

Saudi Arabia's SALIC is considering investing in a Russian grain producer owned by Russian conglomerate Sistema and members of the Louis-Dreyfus family, Sistema said on Thursday. Saudi Arabia began scaling back its domestic wheat-growing programme in 2008, planning to rely completely on imports by 2016 to save water. Click here to read full stories.

Oct 06 - Excessive moisture plagues half of Argentina wheat area - exchange

Half of Argentina's 5.4 million hectares (13 million acres) planted with wheat for the 2017/18 season are affected by excessively moist conditions, the Buenos Aires grains exchange said on Thursday. Heavy rains in producing regions last weekend added to abundant rains in recent months that have already reduced wheat planted area by 150,000 hectares, the exchange said. Click here to read full stories.

Oct 06 - Ukraine 2018 winter grain sowing 64 pct complete

Ukrainian farmers have sown 4.6 million hectares of winter grains, 64 percent of the expected 7.6 million hectares, the agriculture ministry said on Thursday. Farmers have sown 4.3 million hectares of winter wheat, 251,000 hectares of winter barley and 118,000 hectares of rye, the ministry said. Click here to read full stories.

Oct 06 - Zambia expects new outbreak of armyworms in 2017/2018 crop season

Zambia said it expects a new outbreak of armyworms in the 2017/18 crop season, after the maize-munching pests ravaged southern Africa earlier this year. Countries with confirmed outbreaks can face import bans on agricultural products because the armyworm is classified as a quarantine pest. Click here to read full stories.

Oct 06 - Asian CPO Lacking Direction as Trading Opens (Dow Jones)
Malaysian palm oil futures open Friday's trading session slightly lower, with the market lacking new trading directions. Investors will make fresh moves based on production data to be released by the Malaysian Palm Oil Board early next week. Traders have predicted a fall in palm oil production in Malaysia that might support near-term prices. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange is currently trading down MYR3 at MYR2,717/ton. It opened at MY2,710/ton.

Oct 05 - Brazil agency says Bayer-Monsanto tie-up can hurt competition, urges conditions

A unit of Brazil's competition regulator Cade has said Bayer AG's proposed takeover of Monsanto Co.could be detrimental to competition and urged conditions for Brazilian approval of the corporate tie-up, a document released on the agency's website shows. The Bayer-Monsanto transaction, announced in September 2016, would create the world's largest integrated pesticides and seeds company. Click here to read full stories.

Oct 05 - Brazil soy exports unfazed despite record U.S. campaign - Braun 

Brazilian farmers have been hesitant to sell their 2016/17 corn and soybeans over the past year, but that has not held the country back from already tallying record exports for both crops with a few months still left in the season. The soybean volumes reflect genuine growth in global demand for the oilseed, as the United States has also enjoyed a bountiful export campaign at the same time. Click here to read full stories.

Oct 05 - Monsanto 4th qtr profit up as corn, soy seed sales jump

U.S. seeds and agrochemicals company Monsanto Co which is being acquired by Bayer AG reported a quarterly profit on Wednesday, compared with a year-ago loss, as seed licensing deals in the typically low-revenue fourth quarter lifted sales. Monsanto shares were up slightly at $119.88 after earlier touching a more-than-two-year high. Sales of corn seeds and traits, Monsanto's biggest segment by revenue, rose nearly 16 percent while soybean seeds and traits sales climbed 22 percent in the quarter ended Aug. 31. Click here to read full stories.

Oct 05 - EU wine grape harvest seen at 36-year low due to frosts, heatwave

Heavy hailstorms and late frosts in spring and a hot, dry summer have damaged vineyards across Europe and are expected to result in the poorest wine grape harvest in 36 years, the EU's executive arm said on Wednesday. The European Commission said production of pressed juice, or must, in Spain was set to be down 16 percent from 2015/2016 volumes. In France it would be 17 percent lower and in Italy down by 21 percent. In some areas, such as Sicily, the reduction could be as much as 35 percent. Click here to read full stories.

Oct 05 - Brazil's Abiove sees 2018 soybean exports at 65 mln T

Brazil is expected to export a record 65 million tonnes of soybeans in 2018 although the country's overall output may fall, oilseeds industry group Abiove said on Wednesday in its second forecast for the season. Abiove estimated the nation's soybean output at 108.5 million tonnes in the 2017/18 season, down from 113.8 million tonnes in the prior crop cycle. Click here to read full stories.

Oct 05 - Asian CPO Opens Stronger on Hopes of Lower Palm Oil Production (Dow Jones)
Malaysian palm oil price futures open Thursday's trading session higher amid expectations of lower production. Investors will make their next move based on official data to be released by the Malaysian Palm Oil Board on production, exports and inventories for the month of September to be released early next week. "Lower production will likely lead to lower inventory levels, which in turn, will support prices," says David Ng of Philip Futures in Kuala Lumpur. He expects prices to remain between MYR2,700/ton and MYR2,800/ton. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange is currently trading up MYR26 at MYR2,741/ton. It opened at MYR 2,736/ton.

Oct 05 - Malaysia palm oil stocks seen rising to 19-month high 

Malaysian palm oil end-stocks likely reached the 2 million tonne mark in September, their highest since February 2016, a Reuters poll showed, with production forecast to come in at its strongest monthly level in nearly two years. Inventories at end-September are estimated to have risen 3.2 percent to 2 million tonnes from August, up for a third straight month, according to the median response of ten traders, planters and analysts surveyed by Reuters. 

Oct 04 - Asian CPO Ends Higher on Hopes of Drop in Palm Oil Stocks (Dow Jones)
Malaysian palm oil futures rose Wednesday, led by expectations of a drop in inventories amid improved demand. Palm oil shipments from Malaysia, the world's second-biggest producer of the tropical oil, jumped about 10% on month in Sept, according to data from cargo surveyors. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded MYR34 higher at MYR2,717/ton ($643).

Oct 04 - India Farm Output Seen Healthy Despite Less Monsoon Rains (Dow Jones)
India's summer crop output will likely be healthy, despite the government's forecast of lower production under the impact of uneven rainfall, says Crisil in a report. "Regions that witnessed weak rains either enjoy a strong irrigation cover or are those that contribute less to production," the report said. However, the flip side to a good monsoon and a bumper crop is that prices for most foodgrains have fallen, and consequently reduced farmers' profits, it added. Monsoon rains, which concluded on Saturday, were 95% of the long-term average, compared with the Indian Meteorological Department's forecast of 98%. Prime Minister Narendra Modi's government has set a goal of making agriculture less reliant on monsoon rains.

Oct 04 - Ex-Louis Dreyfus traders to target Ukraine with new firm - sources

A group of senior European and Black Sea grain traders who left Louis Dreyfus at the end of August plan to launch a new firm targeting the Ukrainian market, three sources with knowledge of the matter said. The traders, including former Louis Dreyfus Global Head of Grains David Ohayon and former head of Ukraine Lamprakis Lazos, have not said what they would do after leaving the firm. Click here to read full stories.

Oct 04 - Going against the grain: why Russia was pessimistic over its record crop

A desire to support local grain prices has been a key factor in the rare situation of Russian officials being among the last in the global agriculture industry to say Russia's 2017 grain crop would hit a record, analysts and sources said. Some countries are routinely suspected of understating their commodities output in a bid to shore up prices for their producers, but Russia, one of the world's top wheat exporters, is usually keen to promote its agricultural achievements, reminding some market players of the five-year plans in the days of the Soviet Union. Click here to read full stories.

Oct 04 - China's U.S. soybean imports face delays as hurricanes hit crop quality

China's soybean imports from the United States are likely to be delayed by at least two weeks as suppliers struggle to find high-quality beans following crop damage from hurricanes, two trade sources with knowledge of the matter said. Shipment delays could result in tight supplies at the end of October and early November, they warned, driving up soymeal and soyoil prices in the world's biggest importer of soybeans. Click here to read full stories.

Oct 04 - EU negotiators present farm trade offers to Mercosur

European negotiators presented their farm trade offer to South America's Mercosur bloc on Tuesday as part of talks for a trade pact they hope to complete by the end of this year, officials from both sides said on Tuesday. Brazilian negotiator Ronaldo Costa Filho said in a forum with business leaders that the European offers for beef and ethanol imports have been made, clearing the way for negotiations on two key products that had been stumbling blocks.  Click here to read full stories.

Oct 04 - EU and Canada settle cattle battle at the WTO

The European Union and Canada have ended a 21-year dispute over hormone-treated meat after agreeing a wider trade agreement, they said in a filing published by the World Trade Organization on Tuesday. The settlement of the dispute at the WTO, which began in 1996, was facilitated by a liberalisation of trade under the EU/Canada Comprehensive Economic and Free Trade Agreement (CETA) which came into force on Sept. 21, they said. Click here to read full stories.

Oct 04 - India's crackdown on Muslim-run leather units dents exports, hits jobs

A government crackdown on Muslim-dominated abattoirs and the trade of cattle dragged down India's exports of leather shoes by more than 13 percent in June, as leading global brands turned to China, Bangladesh, Indonesia and Pakistan to secure supplies. The drop in exports of shoes and leather garments comes as a setback for Prime Minister Narendra Modi, who has sought to create millions of jobs by more than doubling the leather industry's revenues to $27 billion by 2020. Click here to read full stories.

Oct 04 - Global dairy prices slump, but low production points to improving outlook

Global dairy prices slumped at an auction early on Wednesday, posting their biggest loss in more than six months. The Global Dairy Trade Price Index dipped 2.4 percent, with an average selling price of $3,223 per tonne, at the fortnightly auction. The index had risen 0.9 pct at the previous sale. Click here to read full stories.

Oct 04 - Asia Palm Oil Ticks Up Ahead of Malaysia Data (Dow Jones)
Asian palm-oil prices are a tad higher in early trade and amid light volume as market focus turns to next week's release of Malaysia Palm Oil Board data. Concerns about production there has been a key price driver of late. The Bursa Malaysia benchmark palm-oil contract is up 0.3% at MYR2,691/ton.

Oct 04 - Australian Milk Output Seen Rebounding in 2018 (Dow Jones)
Australian milk production should rebound in 2018 after a drop in 2016 that's set to be repeated this year, says BMI Research. "Abundant supply in international input markets is holding down the cost of feed and fertilizers whilst milk prices are still on an uptrend following multiyear lows in mid-2015," it notes. The firm adds that fierce competition between domestic processors for milk is also pushing up domestic prices, allowing farmers to turn a profit. BMI thinks future milk-production growth will be strong as the focus turns to economies of scale and creating premium products.

Oct 03 - Rotterdam Oilseeds and Meal Prices, European veg oil are not Available Due to Holiday (day of German unity)
The above data are unavailable due to the market being closed for a holiday. Data expected to be available again on Oct. 4.

Oct 03 - Asian CPO Rise Guided by Rival Oils, Better Export Demand (Dow Jones)
Malaysian palm oil futures ended Tuesday's trading session higher, led by gains in competing soy oil prices. Improved demand for the tropical oil, as indicated by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. that showed exports up 10% for Sept, helped lift investor sentiment that should remain buoyant for the next couple of weeks, traders say. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded MYR17 higher at MYR2,683/ton ($633).

Oct 03 - Soaring river freight hits farmers as grain prices slide

U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river's banks is filling up. Low river levels and back-ups at ageing locks have slowed navigation on the Mississippi and its tributaries and driven the cost of hauling Midwestern crops to Gulf Coast export terminals to near-record highs. Click here to read full stories.

Oct 03 - Poor rains to spur bigger drop in Brazil's corn area -forecaster

Scarce rains over key Brazilian grain growing regions in September may cause an unexpectedly bigger reduction in the area planted with corn during the summer, according to a weather report on Monday. The summer corn planted area was initially expected to fall 20 percent to 25 percent due to a drop in the price of the commodity, said Marco Antonio dos Santos, founding partner at Rural Clima. Click here to read full stories.

Oct 03 - Egypt's GASC seeks wheat for Nov. 5-15 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 5-15. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Oct 03 - Funds relax CBOT bearishness ahead of USDA data -Braun

After August’s sharp plunge into bearish territory, speculators in the Chicago-traded grains and oilseeds market have recently eased their pessimistic views while awaiting data from the U.S. Department of Agriculture and results from the ongoing U.S. corn and soybean harvests.  Money managers extended bullish soybean bets in the week ended Sept. 26 on robust demand and chart-based buying.  Click here to read full stories.

Oct 03 - Argentina soy, corn weather rains though coming days seen dry

A dry spell for the next ten days should bring some relief to Argentina's waterlogged fields of soy and corn after rains over the weekend added to fears of planting delays, experts said on Monday. Argentina's main grains belt has been inundated with rains in recent months, contributing to a 5.7 percent reduction in the forecast for area planted with soy in 2017-18 according to the Buenos Aires Grains Exchange. Click here to read full stories.

Oct 03 - Russian wheat prices up as farmers hold back on sales

Russian wheat export prices rose last week as some farmers held back on large sales in a bid to secure higher prices due to a strong rouble and rising demand from importers, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and October delivery were at $191 a tonne on a free-on-board (FOB) basis at the end of last week, up $2 from a week earlier, agriculture consultancy IKAR said.  Click here to read full stories.

Oct 03 - India to Have Bumper Cotton Crop Despite Weak Rains (Dow Jones)
India's cotton traders are expecting a 12% jump in cotton production despite weaker-than-average monsoon rainfall this year. "Cotton production is likely to be robust in view of good rains across all cotton growing regions so far," says Nayan Mirani, an official at the Cotton Association of India, a Mumbai-based industry body. This year's unevenly spread monsoon rains were 95% of the long-term average compared with the Indian Meteorological Department's forecast of 98%. India -- one of the world's top producers and consumers of rice, sugar and cotton -- relies heavily on the June-through-September rains for irrigation as nearly half of its farmland is rain-fed.

Oct 03 - Asian CPO Prices Continue to Soften as Oilseeds Weaken Overnight (Dow Jones)
Asian palm oil prices are likely to see renewed pressure during the session as oilseeds were softer in overnight trading. Palm oil prices have fallen in the last couple of weeks as expectations of ample supply of soybeans and canola have offset concerns about ongoing slow palm oil production in Malaysia. The Bursa Malaysia benchmark palm oil contract is trading down 5 ringgit at 2,663 ringgit a ton.

Oct 03 - Whole Milk Powder Futures Indicate Rises in Dairy Auction (Dow Jones)
Whole milk powder futures are slightly lower early in the session but this does not offset the hefty gains they have made over the past few days, says Tobin Gorey, an analyst at Commonwealth Bank of Australia; "We await tonight's Global Dairy Trade auction to see if these gains are verified in the physical market." The NZX January whole milk powder future contract is trading down US$35 a metric ton at US$3,290 a metric ton.

Oct 02 - Asian Palm Oil Moves Likely Muted as Several Markets Closed in Region (Dow Jones)
- Asian palm oil price movements are likely to be muted during the session as several large markets across the region are closed including India and China. Malaysia palm oil export estimates for September were released earlier in the session by Intertek and show that export demand continues to hold up. Focus will now be on Malaysia Palm Oil Board data due out next week. The Bursa Malaysia benchmark palm oil contract ended Friday down MYR10 at MYR2,695/ton.

Oct 02 - Syria signs 3 mln tonne wheat contract with Russia

Syria has struck a deal to buy 3 million tonnes of wheat from its ally Russia over three years and is working to secure credit finance from Moscow for the grain, Syria's internal trade minister told Reuters. Beside providing Syrian President Bashar al-Assad with vital military support in the country's six-year conflict, Moscow has also supplied some wheat, which is critical for the production of the country's heavily subsidised staple flat bread. Click here to read full stories.

Oct 02 - Rising demand for U.S. corn, soybeans no match for massive supplies

The massive stockpiles of U.S. corn and soybeans left over following a summer of voracious demand raise the specter that huge supplies will continue to haunt the grain markets even as global usage continues to grow. In its quarterly stocks report released on Friday, the U.S. Department of Agriculture (USDA) showed that the United States burned through corn and soybeans at a furious clip during June, July and August. Click here to read full stories.

Oct 02 - Egypt to finish unloading held Romanian wheat cargo by Tuesday - official source

Egypt will finish unloading a 63,000-tonne cargo of Romanian wheat held by the country for containing poppy seeds by Tuesday, an official source close to the matter said on Sunday. Forty-three thousand tonnes have already been unloaded, said the source, adding none of the cargo had been transferred for sieving yet. Click here to read full stories.

Oct 02 - Brazil's soy planting 1.5 pct complete, behind past years -AgRural

Brazilian soy producers have planted 1.5 percent of the 2017/18 crop through Sept. 28, below the level of 4.8 percent at this time last year, consultancy AgRural said in a statement on Friday. Current planted area is also below a five-year average of 2.3 percent, AgRural said, citing scarce rains in key producing regions. Click here to read full stories.

Oct 02 - Brazilian state cleared to sell pork to S. Korea for first time -industry group

South Korea has authorized three plants in the Brazilian state of Santa Catarina to export pork to the Asian nation, opening a market in the world's fourth largest importer of this type of meat, local industry group ABPA said on Friday. It said BRF SA, Cooperativa Central Aurora Alimentos and Pamplona Alimentos each had one meatpacking factory cleared for pork sales to South Korea. Click here to read full stories.

Sep 29 - Commodity trader Louis Dreyfus sees better signs as H1 profits rise

Louis Dreyfus, one of the world's top grain trading firms, pointed to improved signs for its commodity trading activities as it posted higher first-half profits in the face of a continuation of high staple crops supplies. Along with its peers, Louis Dreyfus has been overhauling its businesses as margins for buying, selling and shipping agricultural goods have been eroded by large stockpiles and reduced price volatility. Click here to read full stories.

Sep 29 - IGC raises 2017/18 global grain forecast

The International Grains Council (IGC) has raised its forecast for world grain production in 2017/18, with the crop now expected to be the second-largest in history. The inter-governmental body, in a monthly report published on Thursday, put total grains production at 2.069 billion tonnes, up 19 million tonnes from its previous forecast and now only trailing last season's record 2.133 billion. Click here to read full stories.

Sep 29 - U.S. soy stock surprise possible if trade missed old-crop size - Braun

Although it seems like the size of the 2016 U.S. soybean crop was settled in January, it is still prone to change for Friday’s stocks report. And it is largely this adjustment to supply – not demand – that will determine last year’s carryout. The U.S. Department of Agriculture is set to release estimates of Sept. 1 grain and oilseed inventory on Friday at noon EDT (1600 GMT). Since the U.S. soybean and corn marketing years end on Aug. 31, Friday’s estimate will effectively finalize the 2016/17 ending stocks. Click here to read full stories.

Sep 29 - Japan imports of US frozen beef drop by a quarter after tariff hike

Japanese imports of U.S. frozen beef fell by more than a quarter in August after Tokyo hiked tariffs on such shipments as it tries to protect local farmers, data from the country's agriculture ministry showed on Thursday. But that helped prompt a nearly 55-percent surge in shipments of U.S. chilled beef as buyers looked for substitutes, meaning overall imports of the meat from the United States were up by around a fifth. Click here to read full stories.

Sep 29 - Argentina seeks minimum biodiesel price rather than U.S. tariffs

Argentina's government is negotiating a minimum price for its biodiesel exports to the United States that it hopes could replace punitive tariffs implemented last month, a foreign ministry official told Reuters on Thursday. An agreement was being sought with the U.S. Commerce Department that would establish a floor for the value of Argentine biodiesel, said Horacio Reyser, secretary of international economic relations at the foreign ministry. Click here to read full stories.

Sep 29 - New packing plants help drive U.S. Sept hog herd to record high

The hog population on U.S. farms during the June-August quarter was up 2.5 percent from a year ago, an all-time high for the quarter, according to Thursday's U.S. Department of Agriculture report, that suggests plentiful pork supplies ahead. Affordable feed, good profits among farmers during most of the quarter and four of five new pork packing plants already up and running contributed to herd expansion, said analysts. Click here to read full stories.

Sep 29 - China's ethanol plan will not lead to big increase in corn imports - govt official

China's plan to boost ethanol use in fuel will not have a big impact on grain supply and demand, said a Chinese official at a news briefing on Friday. China's ethanol plan will not lead to big increases in corn imports, said Han Jun, director of the Office of the Central Rural Work Leading Group, China's top farm policy body. Click here to read full stories.

Sep 29 - Turkish econmin says expects Russia to lift ban on tomatoes in 1-2 days

Russia is expected to lift its ban on imports of Turkish tomatoes in a few days, Turkey's economy minister said, after talks in Ankara between the two countries' ministers and presidents. "The limitation on tomatoes is being removed. We have the confirmation from the Russian head of state, but we will wait until we make the first shipment to be sure," Economy Minister Nihat Zeybekci told reporters late on Thursday. Click here to read full stories.

Sep 29 - EU farm protectionism threatens deal with South American bloc

European Union nations led by France and Ireland have proposed postponing a farm trade offer to South America's Mercosur bloc until rules are agreed to avoid unfair competition, diplomats said on Thursday, creating a potential obstacle to a deal. In a letter to the European Commission, the countries said they were particularly vulnerable to imports of beef, ethanol, sugar and poultry from Mercosur and said an EU offer of import quotas would be "untimely" until a "level playing field" could be agreed. Click here to read full stories.

Sep 29 - Only a third of Romanian wheat cargo in Egypt discharged - source

Only about 20,000 tonnes of Romanian wheat out of a 63,000 tonne cargo being held by Egypt for containing poppy seeds have been discharged ahead of sieving, an official close to the process told Reuters on Thursday. Minister of Supply Ali Moselhy said this week the sieving process had been completed for the entire shipment, which is being watched closely by grain traders who worry there could be another row over import rules if it is rejected. Click here to read full stories.

Sep 29 - EU 2017/18 soft wheat exports 4.5 mln T by Sept. 26 - FranceAgriMer

European Union soft wheat exports in the 2017/18 season, that started on July 1, had reached 4.5 million tonnes by Sept. 26, down from 6.8 million tonnes exported by the same stage last season, said French farming agency FranceAgriMer. This included 375,000 tonnes exported in the latest week, on the basis of a revised cumulative total of 4.1 million to the end of the previous week, FranceAgriMer said, citing official EU data. Click here to read full stories.

Sep 29 - South Africa's crop committee raises record maize estimate by 2.2 percent

South Africa will harvest 16.744 million tonnes of maize this season, the biggest crop on record, after favourable weather across the maize belt boosted yields, the government's Crop Estimates Committee (CEC) said on Thursday. In its final estimate the CEC forecast the 2017 harvest would leap 115 percent from the 7.78 million tonnes harvested in 2016, when an El Nino-triggered drought impacted yields, pushed up food prices and fuelled inflation. Click here to read full stories.

Sep 29 - Russian AgMin sees Russia's wheat exports at 30 mln T in 2017/18

Russia is set to export around 45 million tonnes of grain in the 2017/18 marketing year, including 30 million tonnes of wheat, Russian Agriculture Minister Alexander Tkachev said on Thursday. Russia has to date threshed more than 122.5 million tonnes of grain by bunker weight, Prime Minister Dmitry Medvedev told his cabinet in earlier remarks. Click here to read full stories.

Sep 28 - Drowning in grain: How Big Ag sowed seeds of a profit-slashing glut

On Canada's fertile Prairies, dominated by the yellows and golds of canola and wheat, summers are too short to grow corn on a major scale. But Monsanto Co is working to develop what it hopes will be North America's fastest-maturing corn, allowing farmers to grow more in Western Canada and other inhospitable climates, such as Ukraine. Click here to read full stories.

Sep 28 - ADM, Cargill still pursue Syngenta over China GMO corn rejections

Syngenta AG moved closer to putting a troubled biotech corn seed launch behind it with a $1.5 billion settlement with farmers this week, but grain traders who filed two remaining lawsuits may be less ready to compromise, legal experts said. The company was sued three years ago by the farmers and traders who said they suffered financial losses over its decision to commercialize a genetically modified (GMO) corn strain known as Agrisure Viptera before China approved it for import. Click here to read full stories.

Sep 28 - Brazil ag ministry says fresh beef exports to U.S. may resume in October

The ban on fresh Brazilian beef exports to the United States could be lifted in October, Brazil's agriculture ministry said late on Tuesday. The ban, implemented in June, would end after the United States finishes its current evaluation of documents sent in response to questions raised in a U.S. veterinary mission to Brazil earlier this year, according to a statement on the ministry's website. Click here to read full stories.

Sep 28 - Bunge leaves door open to selling itself, cuts 2017 forecast

Bunge Ltd kept the door open on a sale of the company on Wednesday as it reported a 34 percent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer said that planned cost cuts should help improve performance. The agricultural commodities trader, which rebuffed an approach from rival Glencore Plc in May, will "evaluate the best path," CEO Soren Schroder told analysts on a conference call, when asked whether selling the company was an option. Click here to read full stories.

Sep 28 - Strong beef demand lifts Cargill Q1 profit

Global commodities trader Cargill Inc reported a 14 percent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year result for Cargill's origination and processing unit as huge global grain stocks weighed down commodity prices and minimized market volatility, limiting trading opportunities. Click here to read full stories.

Sep 28 - EU producers confirm subsidy challenge on Argentine 

 European biodiesel producers are preparing to launch an anti-subsidy complaint against Argentine biodiesel imports, following a decision by the European Union last week to significantly lower the anti-dumping duties for the country, they said on Wednesday. The European Union was once Argentina's biggest biodiesel market before the EU set anti-dumping duties in November 2013 of between 22 percent and 25.7 percent for Argentina producers. Click here to read full stories.

Sep 28 - How looming La Niña could throw market for a loop, again - Braun

The idea of an impending La Niña has rapidly entered the picture in recent weeks as the sea surface waters in the eastern equatorial Pacific Ocean have drastically cooled. But it is early yet to assume standard La Niña impacts on global weather over the next several months, or even that a full-blown La Niña will set in as the atmosphere and oceans still have some work to do. Click here to read full stories.

Sep 28 - U.S. meat company in 'pink slime' case launches fund for ex-workers

The South Dakota meat processor that sued ABC News over the characterization of its top-selling product as "pink slime" in TV news reports has set up a $10 million fund to help former employees and communities affected by the plants it closed in 2012, it said on Wednesday. The privately held Beef Products Inc sued ABC, a unit of Walt Disney Co, in 2012, saying ABC defamed the company by using the term “pink slime” and accusing it of making errors and omissions in its reporting. Click here to read full stories.

Sep 28 - Tyson poultry pleads guilty over Missouri spill, to pay $2 mln fine

Tyson Foods Inc's  poultry unit on Wednesday pleaded guilty in federal court to two criminal charges stemming from discharged feed supplement at a company facility in Missouri, the U.S. Department of Justice said. Tyson Poultry Inc had been charged with violating the Clean Water Act in the 2014 event, and agreed to pay a $2 million criminal fine, serve two years of probation and pay $500,000 to help clean up affected waters, the department said in a statement. Click here to read full stories.

Sep 28 - Palm Oil May Be Volatile but Strong Demand Likely to Continue (HSBC)
Although there may be some price volatility in palm oil in the coming months, the strong demand outlook for the commodity suggests it will remain a firm pillar of Malaysia and Indonesia's export mixes in the coming years, says HSBC in a note. However, HSBC adds that policy changes in the EU need to be watched; "The European Union has recently signalled that it may ban palm oil imports that are not certified as "SPO" - Sustainable Palm Oil." It says this would directly impact around 40% of Indonesian production carried out by small farmers, who would likely have more difficulty proving compliance with the regulations.

Sep 28 - Asian Palm Oil Prices Fall Sharply (Dow Jones)
Asian palm oil prices have fallen sharply in early trading as they play catch up with soy oil futures, which continued to fall overnight. Focus is on the release of end of month palm oil export estimates from Malaysia due end of the week as the market continues to look at whether or not exports can continue to hold up. The Bursa Malaysia palm oil contract is trading down 41 ringgit a ton at MYR2,704 a ton.

Sep 27 - Asian Palm Oil Ends Weaker Guided by Soy Oil (Dow Jones)
Malaysian palm oil futures reversed early gains to end marginally lower Wednesday in line with losses in competing soy oil. Investors are worried that demand for the tropical oil might slow down as top-purchasers China and India have already stocked up supplies ahead of festivals. Prices are expected to trade between MYR2,690/ton and MYR2,780/ton, says David Ng of Phillip Futures in Kaula Lumpur. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded down MYR2 at MYR2,747/ton ($651).

Sep 27 - Rising Palm-Oil Inventories Keeps Rabobank Bearish (Dow Jones)
Rabobank remains bearish on palm oil as inventories in Malaysia and Indonesia continue to rise. That may not change as the bank expects 4Q import demand from India and China to be limited by "high domestic edible-oil inventories, relatively high palm-oil prices and seasonally tepid post-festive season demand." The benchmark palm-oil contract for December delivery on the Bursa Malaysia Derivatives Exchange jumped 2.2% yesterday to MYR2,749/ton.

Sep 27 - Cotton Prices to Remain Weak in 2018 on Bumper Crops (Dow Jones)
Cotton prices are expected to remain weak in 2018 as bumper cotton crops come online in the U.S. and Pakistan over 4Q17 and India over 1Q18, says BMI Research in a note; "Chinese production, moreover, will recover some of the losses from recent years." However, it notes that price weakness in 1H18 will discourage farmers from planting cotton as we move into the 2018/19 season. In conjunction with steady demand growth and a rapid decline in Chinese stockholdings, this will cause prices to pick up again from 2H18 onwards.

Sep 27 - Syngenta agrees to settle U.S. farmer lawsuits over GMO corn

Syngenta AG said on Tuesday it agreed to settle U.S. farmer lawsuits stemming from its decision to commercialize a genetically modified (GMO) strain of corn before China approved importing it, and a person familiar with the matter said the payment would be close to $1.5 billion. The settlement does not apply to lawsuits filed by U.S. grain handlers Archer Daniels Midland Co and Cargill Inc against the Swiss seed maker, spokespeople for the three companies said. Click here to read full stories.

Sep 27 - EPA signals cut to U.S. biodiesel blending; soyoil prices drop

The U.S. Environmental Protection Agency on Tuesday said it was seeking comment on a proposal to reduce 2018 biodiesel blending requirements into the domestic fuel supply. Prices for soyoil, the most widely used feedstock to produce U.S. biodiesel, fell to a five-week low of 33.23 cents per pound after word of the proposal raised worries of a fall in demand, traders said. Click here to read full stories.

Sep 27 - U.S. scientists to skip Monsanto summit on controversial weed killer

Monsanto Co invited dozens of weed scientists to a summit this week to win backing for a controversial herbicide but many have declined, threatening the company's efforts to convince regulators the product is safe to use. Monsanto faces a barrage of lawsuits over its dicamba herbicide and risks of tighter restrictions on its use, after the chemical drifted away from where it was sprayed this summer and damaged nearby crops unable to tolerate it.  Click here to read full stories.

Sep 27 - Louis Dreyfus to wind down Edesia commodity funds in overhaul

Louis Dreyfus will wind down the fund management activities of commodities specialist Edesia Asset Management by the end of the year as part of its drive to focus on trading and processing of agricultural goods. Edesia will phase out all third-party funds and associated accounts it manages by Dec. 31, Louis Dreyfus Holding B.V. said in a statement on Tuesday. Click here to read full stories.

Sep 27 - Brazil soy trader offers assets to CHS, Bunge in bankruptcy case - sources

Brazilian soy trader Seara Industria has offered logistics assets to creditors including U.S. trader Bunge Ltd and U.S. agricultural cooperative CHS Inc  in a bid to resolve bankruptcy proceedings, according to two people involved in the matter. Seara Industria & Comercio de Produtos Agropecuarios Ltda, one of Brazil's 10 biggest commodity trading firms, filed for bankruptcy protection in April to restructure 2.1 billion reais ($667 million) in debt. Click here to read full stories.

Sep 27 - South Africa's record 2017 maize crop seen double last year's

South Africa's record 2017 maize harvest is expected to more than double last year's after improved weather conditions boosted yields, a Reuters poll of five traders and analysts showed on Tuesday. The government's Crop Estimates Committee (CEC), which will provide its final production estimate for the 2017 crop on Thursday, is expected to peg the harvest at 16.498 million tonnes, up 112 percent from the 7.78 million tonnes reaped last year when crops were scorched by an El Nino-triggered drought. Click here to read full stories.

Sep 26 - South Africa Corn Exports Surge After Record Crop (Dow Jones)
South Africa returns to being a net corn exporter, after good rains boosted yields, enabling Africa's top producer of the grain to recover from the devastating effects of last year's drought, says the US Department of Agriculture Bureau in Pretoria. After importing some 2.2M tons of corn last year, the first imports in 8 years, South Africa may export some 2.5M tons of corn in 2016-17. Cumulative 4-month corn exports hit 1.2M tons in the crop year which started in May and the country could have up to 4.5M tons of corn stock available for export. Total production is expected to more than double on year and hit a record 17.1M tons.

Sep 26 - Asian CPO Ends Stronger on Better-performing Rival Oils (Dow Jones)
Malaysian palm oil futures rebound to end higher as firmer soy oil prices lent support. "Prices recovered on short-covering today," notes a Kuala Lumpur-based analyst. Traders are expecting prices to remain strong amid better demand for palm oil. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange finished up MYR58 at MYR2,749/ton ($653).

Sep 26 - Egypt says Romanian wheat cargo sieved, grain trade sceptical

Egypt said on Monday it had finished sieving a Romanian wheat cargo halted for containing poppy seeds, according to Minister of Supply Ali Moselhy, sowing confusion among traders who said the process should take several more weeks to complete. Grain markets have been closely watching the progress of two wheat cargoes flagged for containing poppy seeds, with suppliers fearing disruptions to the world's biggest wheat importer after a similar trade row last year. Click here to read full stories.

Sep 26 - China delays deadline for implementing food import rules after industry pushback

China plans to delay a deadline for implementing new food import regulations by two years until Oct. 1 2019, a senior EU official said on Tuesday, following a lobbying effort by Europe and the United States amid concerns about disruption to trade. The extension comes just days before the new rules, which are part of a drive by China to boost oversight of its sprawling food supply chain and announced in April 2016, were due to come into force. Click here to read full stories.

Sep 26 - France open to phasing out weedkiller glyphosate

France is open to phasing out common weedkiller glyphosate, the government said on Monday, following complaints from farmers worried about a potential imminent ban. Prime Minister Edouard Philippe reiterated Paris would vote against the European Commission's proposal to extend for 10 years the licence for glyphosate, which is used in Monsanto's Roundup, citing uncertainty about its safety. Click here to read full stories.

Sep 26 - Spec views of CBOT corn, soy moving in opposite directions -Braun

Speculators have dialed back on overall bearishness toward Chicago-traded grains and oilseeds for the second week in a row, but their views on corn versus soybeans are increasingly divergent. In the week ended on Sept. 19, money managers flipped to a bullish stance in CBOT soybean futures and options for the first time since early August but extended bearishness on corn. Click here to read full stories.

Sep 26 - New index to help investors gauge food diversity

An EU-funded index measuring biodiversity in food production is expected to be launched next year, giving investors a benchmark for assessing how companies and governments are making food systems more resilient to climate change. Investing in food species such as drought-tolerant Ethiopian durum wheat or the frost-resistant Andean grain canahua can make food supply chains more resistant to climate shocks, according to research published on Tuesday by Bioversity International. Click here to read full stories.

Sep 26 - Cargill, Faccenda to form UK poultry joint venture

Giant U.S. food producer Cargill will create a new British joint venture with UK peer Faccenda Foods focused on poultry production, the two firms said in a statement on Monday. The newly-formed company, in which both will have an equal stake, plans to employ about 6,000 people in the UK, they said. Click here to read full stories.

Sep 26 - Asian Palm Oil May Find Support at 2,700 Ringgit/Ton (Dow Jones)
Asian palm oil prices may have support around 2,700 ringgit a ton after falling in the past week following weakness in soy oil prices, according to a Kuala Lumpur based trader. He says that while production in September is expected to have picked up, exports are continuing to hold up well so this may cap the building of palm oil stocks. The Bursa Malaysia benchmark palm oil contract is trading up 20 ringgit at 2,711 ringgit a ton.

Sep 26 - ASX Wheat Futures Supported by Lower Crop Forecasts (Dow Jones)
ASX Eastern Wheat futures remain supported as the January contract plays catch up with crop forecasts that show a sharp fall in the amount of wheat being produced in Eastern Australia, says Commonwealth Bank of Australia in a note. Those crop forecasts make "more people short which, in this context, means that trading is about getting the deal done and not about the price - the fear would be that the price will only get higher." ASX Eastern Wheat January contract is trading flat Tuesday at A$293 a metric ton.

Sep 25 - Asian CPO Ends Lower in Line with Lower Competing Oils (Dow Jones)
Malaysian palm oil futures ended lower, dragged by weaker rival oil prices that offset higher export demand. Top buyers China and India have increased purchases ahead of the festival season, pushing up Malaysia's palm oil exports between Sept 1-12 to 16.1% on month at 1.09 million metric tons, according to cargo surveyor Intertek Agri Services. Another surveyor SGS (Malaysia) Bhd. estimated exports up 15.6% on month at 1,105,555 metric tons. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded down MYR51 at MYR2,686/ton ($639).

Sep 25 - Egypt approves sieving of Romanian wheat cargo - ministry

Egyptian prosecutors on Sunday said they had approved a decision to sieve a Romanian wheat shipment which had been rejected by the agriculture quarantine authority for containing poppy seeds. The sieving will separate the seeds from the wheat, an agriculture ministry spokesman told Reuters on Sunday. Click here to read full stories.

Sep 25 - China's August corn imports up 14-fold on year, sugar falls

China imported 380,000 tonnes of corn in August, a 14-fold year-on-year jump, as buyers stocked up on cheaper imports after domestic prices of the grain rose, data from the General Administration of Customs showed on Saturday. Imports of the grain had surged in July to 910,000 tonnes, the fourth highest volume on record. Corn is mainly used to feed livestock and China is the world's top pork producer. Click here to read full stories.

Sep 25 - Bunge acquires stake in mid-sized Brazil grains trader

The Brazilian unit of U.S.-based commodities trader Bunge Ltd  said on Friday it reached an agreement to acquire a minority stake in Agrícola Alvorada, a mid-sized grains trader located in Brazil's top soy producing state of Mato Grosso. Bunge said in a statement that the deal will strengthen its grains sourcing activities in Brazil. It did not give the stake size or value. Click here to read full stories.

Sep 25 - Summer-like heat ripens U.S. crops, eases fears of harvest delay

Unseasonably hot U.S. weather is accelerating corn and soy crop maturity after months of concerns that lagging development could drag down yields or put some late-planted acres at risk of damage from frost, agronomists and analysts said. Farmers around the U.S. Midwest are racing to harvest crops under mostly clear skies and temperatures more indicative of mid-summer than early autumn, with highs in the 90s and 100s Fahrenheit (32-38 Celsius) speeding up in-field grain drying. Click here to read full stories.

Sep 25 - U.S. corn ethanol producers aim to out-pump competitors

U.S. ethanol makers, taking advantage of low corn prices, are ramping up production and expanding capacity to try to squeeze less-efficient competitors out of an overcrowded market. The ethanol industry, which for years bolstered corn prices and U.S. farming, faces saturated domestic demand and lost exports as trade wars bite into the global market. Click here to read full stories.

Sep 25 - WTO panel set up on China-USA row on grain import quotas

A World Trade Organization (WTO) dispute panel was set up on Friday to rule on a U.S. complaint over Chinese import quotas on farm goods including wheat, rice and corn, a trade official said. The panel on tariff rate quotas (TRQs) for agricultural products was automatically established as it was the second request by the United States at the WTO Dispute Settlement Body, after China blocked the first attempt on Aug. 31. Click here to read full stories.

Sep 25 - NZ's Fonterra posts profit dip as bad weather hits production

New Zealand dairy group Fonterra reported an 11 percent fall in full-year profit on Monday after bad weather hampered milk production, but gave an upbeat outlook for the coming year. The world's largest exporter of dairy products reported net profit after tax of NZ$745 million ($546 million) for the 12months ended July 31, down from NZ$834 million a year ago.  Click here to read full stories.

Sep 25 - Brazil Supreme Court denies request to release JBS brothers

Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA. The Batistas' defense challenged the detention of the brothers after their arrest last week by federal police in a probe into the use of privileged financial information about JBS stocks and currencies in the Brazilian market. Click here to read full stories.

Sep 25 - More Declines in Store for Asian Palm Oil (Dow Jones)
Soy oil's continued declines will pressure Asian palm oil near-term, and Capital Economics says the latter may have some extra selling to do. Palm oil usually trades at a discount to soy oil, but the discount is only around $100/metric ton, versus the $132 average of the past year, it notes. Palm oil didn't trade Friday due to a holiday; December futures closed down 1.2% Thursday at MYR2,737 ($652).

Sep 25 - Eyes On Possible Chinese Cotton Imports (Dow Jones)
The market is currently watching China to see whether its imports of cotton pick up in the coming month, says Commonwealth Bank of Australia in a note. "We think that is going to happen at some point but the market will be a lot livelier when it does." China was once the world's biggest importer of cotton but due to government reforms of the sector and the decision to reduce the country's stockpiles there are high tariffs on out of quota cotton imports, reducing Chinese buying offshore and weighed on the global cotton market. November cotton on the Zhengzhou Commodity exchange is currently trading down 0.4% a metric ton at CNY15,315 a metric ton.

Sep 22 - Malaysian AM, PM Cash Market Prices for Palm Oil Unavailable due to a holiday.

Sep 22 - China to import more corn to meet ethanol fuel use - analyst

China could import up to 20 million tonnes of corn a year, more than six times the current level, to meet a switch to greater use of ethanol in fuel, an analyst predicted on Thursday. Beijing plans to roll out a gasoline known as 'E10' - containing 10 percent ethanol - across the world's largest car market by 2020, state media reported last week. Click here to read full stories.

Sep 22 - Arkansas one step from ban on controversial herbicide next summer 

Arkansas on Thursday moved just one step away from barring sprayings next summer of an herbicide linked to widespread U.S. crop damage, setting the stage for a potential legal showdown between the state and chemical maker Monsanto Co. The Arkansas State Plant Board advanced a proposal prohibiting use of dicamba weed killers from April 16 to Oct. 31, 2018, after farmers reported that soybeans and other crops were damaged when the herbicide drifted away from where it was sprayed this summer.  Click here to read full stories.

Sep 22 - Focus for Brazil soybean crop should be future rains not current dryness 

Recent dry weather in some of Brazil's important farming states has raised the idea that the world’s leading exporter of soybeans might develop planting delays.  Given that the soybean planting season just started on Sept. 16, it is far too early to know if that will play out. But if it does, the impacts are not entirely clear. A slow start to the soybean campaign could mean nothing at all. Or, in the worst scenario, it could spell trouble for Brazil’s soybean crop and heavily exported second-crop corn. Click here to read full stories.

Sep 22 - Brazil's BRF to reopen plant, catering to Mideast halal market 

BRF SA will reopen a food processing plant in Brazil by January, a company executive told Reuters, the first big move aimed at reviving profitability since the country's No. 1 chicken exporter announced the departure of its chief executive officer. The plant in Brazil's midwestern state of Goiás will be overseen by One Foods Holdings Ltd, BRF's halal processed food unit, Marcelo Schmeider, the division's head of operations, said on Thursday. Click here to read full stories.

Sep 22 - EU 2017-18 soft wheat exports down 42 pct at 3.7 mln T by Sept 19 

European Union soft wheat exports in the 2017-18 season that started on July 1 had reached 3.7 million tonnes by Sept. 19, down 42 percent from the 6.3 million tonnes exported by the same stage last season, official data showed on Thursday. In the latest reporting week, the EU exported 239,000 tonnes of soft wheat, on top of the revised cumulative total of 3.4 million tonnes to the end of the previous week, the data showed. Click here to read full stories.

Sep 22 - Brazil police formally accuse JBS Batista brothers of insider trading 

Brazil's federal police on Thursday formally asked prosecutors to bring charges against brothers Wesley and Joesley Batista, the owners of meatpacker JBS SA, for insider trading. The Batista brothers saved as much as 138 million reais ($44 million) through allegedly illegal market dealings in May, police said. Click here to read full stories.

Sep 21 - Asian CPO Ends Weaker on Production Worries, Lower Soy Oil Prices (Dow Jones)
Malaysian palm oil futures prices ended lower Thursday, pressured by concerns of higher production. Expectations of a recovery in crop yields in top-producer Malaysia will weigh on prices, says David Ng of Phillip Futures in Kuala Lumpur. Dragging on the tropical oil are also losses in competing soy oil prices, he adds. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange finished down MYR33 at MYR2,737/ton ($652).

Sep 21 - Australian wheat prices rise above U.S. offers in Asia as dryness cuts output 

Australian wheat prices have risen above offers being made for U.S. cargoes in Asia, a rare market situation that is expected to drive more purchases from North America, two trade sources said. Australian wheat exporters have made little progress in selling new-crop wheat into Asia this year as the smallest crop in eight years is forcing farmers to hold back supplies, lifting prices above the international market. Click here to read full stories. 

Sep 21 - China buys U.S. soy, fills 4th qtr needs as Brazil offers thin

Chinese importers are taking advantage of a harvest-time slide in U.S. soybean prices to ramp up buying from the world's No. 2 exporter, filling fourth-quarter import needs as supplies from rival exporter Brazil have thinned, traders and analysts said. U.S. exporters booked 1.212 million tonnes in soybean sales to top importer China and unknown destinations, the U.S. Department of Agriculture said on Wednesday, among the top 10 daily soybean sales announcements ever and the eighth daily sales announcement in nine trading days. Click here to read full stories. 

Sep 21 - EU farmers expected to sow more rapeseed as price attractive 

European farmers are expected to sow more rapeseed for the 2018 harvest, but uncertainty remains about whether planting intentions will be carried out, analysts said on Wednesday. "In southeast Europe, notably in Bulgaria, (rapeseed) sowing was carried out in dry soils and losses can't be ruled out, which could lead to replacement sowings of wheat," said Laurine Simon of French analysts Strategie Grains. "In Germany and Scandinavia, rain is delaying sowing." Click here to read full stories. 

Sep 21 - Cargill CEO says worst case for NAFTA is 'torn-up' pact 

The worst case outcome for ongoing negotiations between the United States, Canada and Mexico to re-work the North American Free Trade Agreement is that the trade pact is "torn up," Cargill Chief Executive David MacLennan said on Wednesday. About 10 percent of the company's revenues are related to NAFTA, MacLennan, the head of the global commodities trader, said on the sidelines of the Bloomberg Global Business Forum in New York. Click here to read full stories. 

Sep 21 - Cofco says China's broiler feed demand may fall due to govt inspections

China's feed demand for broiler chickens will fall in the second half of the year as tough environmental inspections have hurt production, an executive at Cofco International said on Thursday at a conference. Broiler breeding stock continue to decline as bird flu has restricted imports, he said at the 13th JCI conference on China's feed market. Click here to read full stories. 

Sep 21 - ASX Eastern Wheat Prices at Highest Level Since January (Dow Jones)
ASX Eastern wheat futures continue to gain, as the market remains concerned about the size of the country's wheat crop this year, says Commonwealth Bank of Australian analyst Tobin Gorey. Prices are now at their highest levels since late July, which "implies a good deal of worry about Australia's wheat crop this year and in particular how much mid‑protein wheat it will yield," he said. Australian wheat has suffered due to very dry conditions hitting the crop in recent months. The January ASX Eastern Wheat contract is trading up A$1 at A$283 per metric tons.

Sep 21 - Philippines Rice Production Seen Lower, Imports May Rise (Dow Jones)
Rice production in the Philippines is expected to fall in the current year with imports seen growing rapidly to meet the country's needs, says the USDA in a note. It forecasts production in the year to July 31. 2018 will fall 4% to 17.8 million metric tons, while imports are expected to rise 80% over the same period. However, the USDA forecasts that production of both wheat and corn in the Philippines will pick up this year reducing the country's reliance on imports for both.

Sep 21 - Australia's Wheat Production Forecast Lower, Risks Prevail (Dow Jones)
Australia's wheat production is forecast to be well down on 2016's record harvest, although harvests are expected to differ greatly between regions, based on winter rainfall, says ANZ in a note. "Overall harvest is forecast for 22.5 million tons but with greater downside risk." Australia produced 35 million tons in the year ended June 30. It adds that a reduction in global production and a fall in global stocks once China is excluded should result in higher prices than last year.

Sep 20 - Asian CPO Ends Higher on Robust Export Demand (Dow Jones)
Malaysian palm oil price futures ended higher Wednesday, thanks to robust demand for the tropical oil from China and India ahead of the festival season. "Better demand from China and India will continue to support near-term prices," notes a Kuala Lumpur-based trader. Overall, Malaysia's palm oil exports during September 1-20 rose 25.41% on month at 852,206 metric tons, says cargo surveyor Intertek Agri Services. Another surveyor, SGS (Malaysia) Bhd. estimated exports up 26.8% on month at 878,422 metric tons. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded MYR2 higher at MYR2,769/ton ($661).

Sep 20 - Butter Prices Hit New Record as Demand Surges, Supply Struggles (Dow Jones)
Butter prices at the Global Dairy Trade auction hit a new record, their eighth for the year as global butter demand continues to surge, while the supply side struggles to keep pace, says ASB Bank. "Global inventory levels are low. This dynamic suggests that records may continue to tumble through to the end of the year," it adds. The weighted average price for butter at the auction was up 1.2% on the previous auction at US$6,026 a metric ton.

Sep 20 - Asian Palm Oil Prices Look for Lift From Export Estimates (Dow Jones)
Asian palm oil prices are still buoyant despite touching a one-week low at Tuesday's close after the sharpest drop in 1.5 weeks, OCBC says. The market will take its cues today from the release of export estimates for the first 20 days of the month from Intertek and SGS. The Bursa Malaysia benchmark palm oil contract settled Tuesday at 2,767 ringgit a ton, down 38 ringgit a ton.

Sep 20 - Dairy Auction Suggests Fonterra Downgrade Unlikely (Dow Jones)
It was unusually quiet on the dairy front overnight, and that reduces the likelihood of Fonterra Cooperative Group downgrading its milk price forecast when its annual result is released on Monday, says Australia & New Zealand Banking Group. Whole milk powder performed better than expected, with a 1.5% on-year fall in New Zealand supply for August providing support. "Milkfat prices continued to outperform, a trend that will continue into November," ANZ says. "Skim milk powder declined as burdensome Northern Hemisphere supply and an end of European invention weighed on the market."

Sep 20 - Getting savvy? China corn farmers set to hold on to crops, bet prices will rise

Corn farmers in China are likely to hold off on selling their latest crops, betting higher prices down the line in the world's No.2 producer of the grain will help them reap bigger profits. As farmers in the northeastern corn belt start their second harvest without government price support, many are beginning to show the kind of appetite for risk that is common in major other agricultural powerhouses such as the United States by potentially delaying sales. Click here to read full stories.

Sep 20 - EU cuts duties on Argentine biodiesel, challenge to come 

The European Union will lower import duties on Argentine biodiesel after the World Trade Organization (WTO) ruled against initial measures, prompting an EU producer group to put together a new challenge against cheap imports. The EU will from Wednesday cut anti-dumping duties to between 4.5 percent and 8.1 percent, the EU official journal said. This came after the WTO ruled that the European Commission's decision to set initial rates of 22-25.7 percent in 2013 was unjust. Click here to read full stories.

Sep 20 - Egypt's GASC buys 175,000 tonnes of Russian wheat 

Egypt's state grain buyer GASC has bought 175,000 tonnes of Russian wheat in a tender, it said on Tuesday. GASC did not give a breakdown of the purchase or an average price. Click here to read full stories.

Sep 20 - Bayer dismisses antitrust concerns about digital farming

Bayer said it was unable to propose the sale of any digital farming assets to allay EU concerns about its planned $66 billion takeover of Monsanto. The European Commission last month started an in-depth investigation into the German group's plan to acquire the U.S. seeds maker. Click here to read full stories.

Sep 20 - Zimbabwe maize reserves at 17-year high 1 mln tonnes

Zimbabwe's maize reserves have hit one million tonnes, the highest in more than 17 years, state media reported on Tuesday, after the southern African nation produced surplus maize. Last year, Zimbabwe was hit by a devastating drought that left millions in need of food aid, but the government said above average rains and state-funded farming inputs like fertiliser and seed had lifted maize output to 2.1 million tonnes this year. Click here to read full stories.

Sep 20 - India's cotton regions forecast to get much needed rain 

Key cotton producing regions in central India are set for a recovery in rainfall levels, the country's weather office chief told Reuters on Tuesday, easing concerns for farmers who are betting on the fibre amid rising demand. Overall rainfall in the country since June 1 is 6 percent below the long-term average, according to data on the India Meteorological Department's (IMD) website. Click here to read full stories.

Sep 20 - Canada wheat production down, according to new Statscan survey 

Wheat production in Canada fell by 14.5 percent in 2017 compared to 2016, according to a Statistics Canada survey based in part on satellite and agroclimate data. The survey, released on Tuesday, also said oat production grew by 19 percent while barley production fell by 16.8 percent. Canola production was forecast to edge up by 0.5 percent. Click here to read full stories.

Sep 19 - Asian CPO Ends Lower on Sluggish Rival Oil Prices (Dow Jones)
Asian crude palm oil price futures ended lower Tuesday following losses in competing oils. "Palm oil prices declined in line with weakness in soy oil and palm olein," says a Kuala Lumpur-based trader. However, a strong export outlook on robust demand from top buyers China and India is expected to support prices, he adds. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended down MYR35 at MYR2,770/ton ($661).

Sep 19 - Russia to supply 600,000 T of wheat to Venezuela -minister 

Russia will supply around 600,000 tonnes of wheat to Venezuela in the current marketing year ending next June, Russia's agriculture minister told Reuters, deepening the Kremlin's support for Venezuela's troubled economy. Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro agreed a grain supply deal in May, providing a lifeline to the South American country which has faced soaring bread prices in recent years and queuing at bakeries has become common. Click here to read full stories.

Sep 19 - Brazil's BNDES lambasts JBS CEO switch, seeks family's removal 

JBS SA's decision to replace the Brazilian company's jailed chief executive with his father was a sign of "deviousness" and should be investigated, the head of state development bank BNDES, the company's second-largest shareholder, said on Monday. In remarks to Reuters, BNDES President Paulo Rabello de Castro condemned the decision made "in the dead of night" over the weekend to put José Batista Sobrinho, the founder of the world's largest meatpacker, in charge after his sons were arrested for alleged insider trading.  Click here to read full stories.

Sep 19 - Dispute over wheat cargoes seized in Egypt seen dragging on

Two wheat cargoes rejected by Egypt's agriculture quarantine service at the port of Safaga for containing poppy seeds would probably have to be moved for sieving, a source familiar with the matter said, dashing hopes of a quick end to the dispute. Grain markets have been on tenterhooks over the fate of the cargoes from France and Romania, fearing fresh disruptions to supplies to the world's biggest wheat importer after another trade row last year. Click here to read full stories.

Sep 19 - Bunge issues $1 billion of debt to fund Loders deal 

U.S. grains trader Bunge Ltd issued $1 billion of debt to replace a credit line financing a $946 million investment in a Malaysian palm oil company on Monday. The company, which is undergoing a massive restructuring to shore up earnings, issued $400 million five-year notes, at 3 percent, and $600 million of 10-year notes,at 3.75 percent, it said in a statement. Click here to read full stories.

Sep 19 - EU crop monitor lifts maize, sugar beet yield forecasts again

The European Union's crop monitor raised its outlook for 2017 maize and sugar beet yields for the second month in a row, saying rain helped crops in countries such as France and Germany and offset the impact of drought and heatwaves elsewhere. In a monthly report issued on Monday, the MARS service put the EU grain maize yield at 6.99 tonnes per hectare (t/ha), up from 6.93 t/ha estimated in August. Click here to read full stories.

Sep 19 - Egypt's GASC seeks wheat for Oct. 21-31 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Oct. 21-31. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Sep 19 - Bangladesh sets aside rift with Myanmar to ease rice shortage

Bangladesh is to buy rice from Myanmar, putting aside worsening relations over the Rohingya refugee crisis as the government races to overcome a shortage of the country's staple food. Normally the world's fourth biggest rice producer, Bangladesh has become a major importer this year after floods hit its crops, sending domestic rice prices to record highs. Click here to read full stories.

Sep 19 - UK wheat exports off to slow start in 2017/18 season

Britain's wheat exports fell sharply in July, the first month of the 2017/18 season, while imports climbed, customs data showed on Monday. Exports slumped to just 16,254 tonnes, down from 205,005 tonnes in the same month last year, the figures show. Click here to read full stories.

Sep 19 - Australia lifts beef production forecast as adverse weather returns

Australia raised its forecast for beef production during the 2017/18 season by more than 6 percent on Tuesday as dry weather forces graziers to increase slaughters. Beef production from the world's fourth largest exporter will total 2.244 million tonnes this season, the Australian Bureau of Agriculture, Resource Economics and Rural Sciences (ABARES) said, up from its previous estimate in June of 2.114 million tonnes. Click here to read full stories.

Sep 19 - Asia Palm Oil Prices Life as Production Concerns Remain (Dow Jones)
Asian palm oil prices are up slightly in early trading, as prices remain strong on concerns that palm oil production in Malaysia hasn't improved as had been expected. Focus will be on the release of palm oil export estimates data due out Wednesday for the first 20 days of the month, as the market looks to see whether demand for the world's most edible oil continues to hold up. The Bursa Malaysia benchmark palm oil contract is trading up 18 ringgit a ton at MYR2,809 a ton.

Sep 19 - Thai Rice-Export Prices Bolstered by Strong Demand (Dow Jones)
Thailand fragrant-rice export prices are some 50% higher than a year ago, topping $1,000/metric ton, with the USDA citing demand from Africa and the Middle East. It notes exporters last week were actively fulfilling pending shipments to African countries using mostly old-crop white rice from Thailand's supplies and that new tenders for the remaining 600,000 metric tons haven't been finalized "due to the government's ongoing investigation on non-food-quality rice being resold in the food chain."

Sep 19 - Australia Ups Production of Superfine Wool as Demand Rises (Dow Jones)
Australia has increased production of superfine wool as consumers are prepared to pay for its thermal qualities and feel, which has increased demand, says a September report released by the Australian government. "This demand has translated to high sustained prices for superfine wool, which growers have responded to by increasing production." It adds that in the mid-1990s wool was 3 times more expensive than synthetic fibers for textile manufactures and in 2017 it was 9 times more expensive. It forecasts that Australian wool prices will average 10% higher in 2017-18 than they did in the 2016-17 season.

Sep 18 - Weak Dairy Production Growth to Support Prices (Dow Jones)
Weak dairy production growth since 2016 through the first half of 2017 will contribute to higher average dairy prices through to the end of 2017, says BMI Research in a note; "Growth in global liquid milk production will slow in 2017, largely due to reduced production growth in the EU, Australia and New Zealand. U.S. production, by contrast, will be strong." However it notes that beyond 2017 "prices will ease as production growth improves" but that "over the long term, dairy prices will remain elevated in comparison to long-term averages as consumption growth slightly outpaces supply growth, largely due to India and China."

Sep 18 - World's biggest meatpacker JBS names founder as new CEO

The board of JBS SA voted to name company founder Jose Batista as chief executive, the world's largest meatpacker said on Sunday, after his son Wesley was jailed by Brazil's federal police on allegations of insider trading. Police investigated the role played by Wesley, 47, and his younger brother Joesley in suspected insider trading ahead of a plea bargain deal with prosecutors. Click here to read full stories.

Sep 18 - Funds halt CBOT selling spree despite bearish USDA data - Braun 

Money managers reversed their six-week selling streak across Chicago-traded grains and oilseeds in the week ended Sept. 12 even amid some relatively bearish figures from the U.S. Department of Agriculture. The CBOT oilshare long position also reached an all-time high last week as funds again boosted their already massive bullish stance on CBOT soybean oil. Click here to read full stories.

Sep 18 - Romanian and French wheat cargoes still in Egyptian prosecutor custody 

Two wheat cargoes rejected by Egypt's agriculture quarantine service for containing poppy seeds are still in the custody of the public prosecutor and have not been released yet, Egypt's Red Sea Port Authority said on Saturday. The agriculture minister said on Wednesday that the poppy seed variety found in the cargoes from France and Romania was not dangerous and the shipments would be released and sieved. Click here to read full stories.

Sep 18 - Ukraine will not curb meat exports to control soaring prices - PM 

Ukraine will try to stabilise soaring domestic meat prices without having to resort to curbs on exports, Prime Minister Volodymyr Groysman said on Saturday. On Thursday, a senior government official told Reuters Ukraine may impose substantial curbs on meat exports after price rises of more than 40 percent in some cases this year. Click here to read full stories.

Sep 18 - Informa expects more U.S. corn acres, fewer soy in 2018 

Private analytics firm Informa Economics expects U.S. farmers in 2018 to plant more acres to corn and wheat and fewer to soybeans, according to an Informa client note. The firm projected U.S. 2018 corn plantings at 91.880 million acres, up from its estimate of 90.660 million seeded in 2017, according to the note dated Thursday and seen by Reuters on Friday. Click here to read full stories.

Sep 18 - Argentina 2017/18 soy crop seen falling yr/yr due to low prices 

Argentina's 2017/18 soybean harvest is expected to fall by as much as 7 percent to 52 million tonnes compared with the 2016/17 crop year, local agriculture analysts said on Friday, citing low profit margins and excess water caused by heavy rains. Argentina is the world's top exporter of soy oil and soy meal. Planting of 2017/18 soy is set to start next month, but many parts of Argentina's Pampas farm belt are flooded due to unusually strong storms over the last two months.  Click here to read full stories.

Sep 18 - Ukraine wheat price firms on higher demand, rise in global prices 

Increased demand and a rise in foreign prices pushed up Ukrainian export wheat prices, analyst UkrAgroConsult said on Friday. Export prices for 12.5 percent protein milling wheat rose $1 per tonne FOB Black Sea to $181/185 for September-October delivery. Wheat of 11.5 percent protein added $2-$3 to $174/176 while feed wheat rose by $5-$6 to $168/171. Click here to read full stories.

Sep 18 - Asian CPO Opens Weaker on Lack of Leads (Dow Jones)
Asian crude palm oil price futures open weaker in the absence of fresh leads to drive market sentiment. Concerns of rise in production has dampened the mood of the market. Traders say improved demand from India and China -- the main palm oil buyers -- ahead of the festival season in October, might support prices. The new December benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange opens at MYR2,827/ton, and is now trading down 7 ringgit at MYR2,828/ton.

Sep 18 - Indonesia Palm Oil Stocks Grow 17% in July (Dow Jones)
Indonesian palm oil stocks continue to grow in July, although they remain significantly below levels seen at the end of 2016, according to data released by the Indonesia Palm Oil Association, or Gapki. The data show that palm oil stocks now total 2.7 million tons in July, up 17% on month. The growth in stocks comes as production has increased rapidly, with palm oil production up 13% in July on month. Asian palm oil prices have remain supported by concerns about production, particularly in Malaysia, which would leave supplies tight in the market. The Bursa Malaysia benchmark palm oil contract ended down 0.2% Friday at 2,861 ringgit a ton.

Sep 18 - Malaysia's United Malacca May Test New Highs (Dow Jones)
Malaysian palm-oil planter United Malacca looks ready to challenge the 33-month high of MYR6.66 it touched on Friday. Shares of the company eventually closed just one sen below that high at MYR6.65 on Friday, which is an almost 2% increase. RHB Research says last Friday's close has enhanced the bullish sentiment towards the stock. The broker says it sees the near-term resistance level at MYR7.00, followed by MYR7.60. Shares of United Malacca have climbed 11.3% year-to-date on the expectation that its earnings growth momentum will continue on the back of more of its palm trees coming into maturity amid the current stronger crude palm prices.

Sep 15 - Asian CPO Opens Lower on Output Worries (Dow Jones)
Asian crude palm oil price futures open lower, ahead of new Malaysia production data. Traders are awaiting data on export estimates for the first 15 days of September to be released by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. later today. Better demand from China and India might lend support to prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange opens at MYR2,853/ton. It is now trading down MYR23 at MYR2,844/ton.

Sep 15 - Lumber Futures Soar to 12-Year High (Dow Jones)
Lumber futures close at a 12-year high as a combination of hurricanes, wildfires and trade disputes squeeze supply. Though the fallout from Irma wasn't as bad as expected, the storm closed a number of southern pine mills in the southeast and disrupted shipping in the region. US lumber dealers were already light on inventory after months of limbo over the US-Canada tariff spat, and cash-market prices have jumped as they restock. "Nobody could plan for these natural disasters," says Paul Harder, a trader at Vancouver-based wholesaler Dakeryn Industries. "This extreme hand-to-mouth purchasing is just supporting this market." CME September lumber futures rise 2.7% to $409.20 per 1,000 board feet, the highest close since March 2005.

Sep 15 - Top cotton buyers flock to India as hurricanes hit US crop 

The world's top cotton buyers, all in Asia, are flocking to India to secure supplies after fierce storms in the United States, the biggest exporter of the fibre, affected the size and quality of the crop, dealers said.In the past week alone, India, the world's second-biggest cotton exporter, sealed deals to sell about a million bales to China, Taiwan, Vietnam, Pakistan, Bangladesh and Indonesia - key garment suppliers to brands such as H&M, Inditex -owned Zara and Wal-Mart Stores Inc. Click here to read full stories.

Sep 15 - Getting on board with bigger-than-expected U.S. corn, soy crops -Braun 

The U.S. Department of Agriculture again raised U.S. corn and soybean yields on Tuesday to the dismay of many doubting analysts.But any remaining skeptics might want to re-examine their narrative as the yields are mostly justifiable and may rise even further in the months ahead. Click here to read full stories.

Sep 15 - Floods may cost Argentina 70,000 hectares of wheat area 

Flooding over last weekend in Argentina could cause a loss of 70,000 hectares of wheat plantings, out of a total 5.35 million hectares planted with the grain in the 2017-18 season, the Buenos Aires Grains Exchange said on Thursday.The losses would come on top of a previously reported 80,000 hectares of wheat plantings lost due to excessive rains last month, the exchange said in its weekly crop report. Click here to read full stories.

Sep 15 - Brazil's JBS holds off succession talk while CEO requests release - source 

The board of Brazilian meatpacker JBS SA will delay discussing replacement of Chief Executive Wesley Batista while it awaits a ruling on a motion to release him from jail on charges of insider trading, said a person with knowledge of the matter.Batista's lawyers filed a habeas corpus request on Thursday, a day after he was arrested for allegedly selling JBS stock ahead of a plea deal in May, when he and his brother confessed to bribing politicians. That confession hammered the company's shares.  Click here to read full stories.

Sep 15 - China's soybean import levels unlikely to change in 2017/18 - analyst 

Soybean imports by China, the world's biggest buyer, are likely to remain unchanged in 2017/18 at this year's record level of 93 million tonnes due to a rise in domestic production and higher carry forward stocks, leading analyst Thomas Mielke said.China's soybean output is likely to jump to 16 to 17 million tonnes in 2017/18 year starting from Oct 1, from 12 million tonnes a year ago, Mielke said in his presentation at Globoil India conference on Thursday. Click here to read full stories.

Sep 15 - Malaysia increases October crude palm oil export tax to 6.0 pct - govt circular 

Malaysia, the world's second-largest palm oil producer after Indonesia, will raise its crude palm oil export tax to 6 percent in October, up from 5.5 percent the previous month, according to a government circular on Friday.The Southeast Asian nation calculated a palm oil reference price of 2,754.18 ringgit ($657.32) per tonne for October. A price above 2,250 ringgit incurs a tax, and Malaysia had maintained the tax at 5.5 percent in September from August. Click here to read full stories.

Sep 15 - Brazilian police raid home of farm minister in graft probe 

Brazilian police raided the home of Agriculture Minister Blairo Maggi on Thursday in a corruption investigation linked to his time as a state governor, adding to the graft scandals rocking President Michel Temer's government.Last month the Supreme Court opened a bribery probe into Maggi's role in a scheme known as "mensalinho," a payment of a monthly stipend to lawmakers in exchange for political support in his home state of Mato Grosso. He served two terms as governor there between 2003 and 2010. Click here to read full stories.

Sep 15 - Ukraine may curb meat exports to stabilise local prices

Ukraine may impose substantial curbs on meat exports to stabilise local prices, which have jumped by more than 40 percent in some cases this year, a senior government official said on Thursday.Average domestic prices for pork surged 43 percent in the first eight months of the year, while beef and poultry were up 26 percent and 31 percent higher respectively, according to Ukraine's state statistics service. Click here to read full stories.

Sep 14 - Asian CPO Ends Lower on Production Concerns (Dow Jones)
Asian crude palm oil futures ended Thursday's trading session lower on worries of over-production. Comments from industry analysts during a palm oil conference in India on potential oversupplies that could last until next year, has pressured prices, says David Ng of Philip Futures in Kuala Lumpur. Ng expects prices to be rangebound between MYR2,820/ton and MYR2,900/ton. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange ended down MYR9 at MYR2,864/ton ($681).

Sep 14 - French non-EU wheat exports forecast to double in 2017/18

French soft wheat exports outside the European Union could more than double in 2017/18 from last season when they plunged after a poor harvest in the EU's largest wheat producer, farm office FranceAgriMer said. In its first supply-and-demand outlook for the 2017/18 July-June season, the office estimated France's non-EU soft wheat exports in 2017/18 at 10.2 million tonnes, up from 5.0 million in 2016/17 but still lower than the previous three seasons.

Sep 14 - Asian CPO Opens Up on Lower Production Expectations (Dow Jones)
Asian crude palm oil price futures open higher Thursday amid expectations of lower output in coming weeks. "Improved demand will play a key role in supporting the market in the near term," notes David Ng of Philip Futures in Kuala Lumpur. Traders will make their next move based on export estimates for the first 15 days of September, to be released by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. on Friday. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange opens at MYR2,884/ton. It is now trading up MYR13 at MYR2,886/ton.

Sep 14 - Steady Palm-Oil Supplies Should Support Planters (Dow Jones)
Rising palm-oil exports to China and India, coupled with steady inventories, should help planters, says DBS after data showed Malaysian supplies were 1/3 higher than a year ago in August amid weak year-earlier levels. Output did drop 1% from July.

Sep 14 - Facing potential wheat crisis, Egypt plays down poppy seed risk 

Poppy seeds found in two cargoes of imported wheat halted by Egyptian authorities are "not very dangerous", Agriculture Minister Abdel Moneim Al-Banna told Reuters on Wednesday, in comments that could avert a trade row.Al-Banna said the cargoes from France and Romania would be sieved before a decision was taken on whether to allow them into the country. Click here to read full stories.

Sep 14 - Bayer joins in $100 mln investment bet on ag-biotech startup 

Germany's Bayer AG, one of the world's biggest agricultural chemical companies, is joining a $100 million bet that the next big breakthrough in crop fertilizers will be found inside a biological Petri dish.Its Bayer LifeScience Center division, along with biotech firm Ginkgo Bioworks, is forming a startup to focus on developing biological solutions to reduce the use of nitrogen-based fertilizer, or make farmers' use more efficient, company officials said this week. Click here to read full stories.

Sep 14 - China's COFCO targets overseas grain partners after Growmark deal 

China's COFCO International said it plans more partnerships in grain after a U.S. supply deal last month, as it expands overseas with a focus on grain, oilseed and sugar.The state-owned trading house has spent more than $3 billion buying agricultural traders Nidera and Noble Agri and has embarked on an overhaul of its newly acquired operations, notably in Europe and South America.  Click here to read full stories.

Sep 14 - Syria calls off mysterious million tonne Russian wheat deal 

A mysterious Syrian wheat purchase signed last October with a little-known Russian trader has formally been called off, a government source has told Reuters.War-torn Syria had sought 1 million tonnes of wheat from trader Zernomir to feed government-held territories and prevent bread shortages. Click here to read full stories.

Sep 14 - Brazil police arrest JBS CEO Batista, plea deal in limbo 

Brazil's federal police on Wednesday arrested the chief executive of JBS SA, the world's No. 1 meatpacker, accusing him of insider trading ahead of a plea bargain he signed this year whose disclosure pummeled the company's stock.Wesley Batista, who has been at the helm of JBS since 2011, was detained under an arrest warrant against him and his younger brother, Joesley, for suspected insider trading. The billionaires, both in their mid-40s, control 42 percent of JBS. Click here to read full stories.

Sep 14 - China set for ethanol binge as Beijing pumps up renewable fuel drive 

China's bold plan to blend renewable fuels into its gasoline supply within three years will revolutionise its fledging biofuels industry, industry players said, likely spurring billions of dollars in investment in ethanol factories.On Wednesday, state media reported Beijing plans to roll out the use of a gasoline known as 'E10' - containing 10 percent ethanol - across the world's largest car market by 2020. It's the first formal timeline in a radical push that's part of a broader drive to clean up the environment.  Click here to read full stories.

Sep 14 - India's edible oil imports to fall in coming crop year -analyst 

India's edible oil imports are set to fall in 2017/18 as a bumper crop of oilseeds are carried forward and will boost domestic edible oil production in the year ahead, a leading industry analyst and trade expert said on Wednesday.A drop in imports next year would be the first in seven years, although in July the view was that India's higher oilseed output and crushing would lead to a fall in the current year. Click here to read full stories.

Sep 14 - Moody's cuts Bunge outlook to negative after IOI Loders deal 

Moody's Investors Service cut its outlook for Bunge Ltd on Wednesday and cautioned that without much improved earnings it could cut the U.S. agribusiness' credit rating to just a step above junk status.The agency revised Bunge's outlook from stable to negative after it opened a $900 million credit facility to help fund a deal for a controlling stake in Malaysian palm oil producer IOI Loders Croklaan. Click here to read full stories.

Sep 13 - Under EU attack, top palm oil producers rethink trade strategy 

Facing a backlash in Europe over palm oil's environmental toll, the world's top producers are scrambling to find new markets and even striking unusual barter deals, such as exchanging Sukhoi jets for the edible oil.The European Union is the second-largest palm oil export destination after India for both Malaysia and Indonesia, which dominate production in a global market worth at least $40 billion.  Click here to read full stories.

Sep 13 - Bunge to buy 70 pct stake in IOI Corp unit for $946 mln 

Grains trader Bunge Ltd said on Tuesday it would buy a 70 percent stake in a Malaysian palm oil producer for $946 million, to expand its higher-margin food ingredients business - a move that industry experts said would also make it a tougher takeover target.Bunge's shares fell 5.9 percent to $71.30 after it announced the deal, for IOI Loders Croklaan, along with a credit facility of $900 million to help pay for it. Click here to read full stories.

Sep 13 - DowDuPont alters post-merger breakup plans amid investor pressure 

DowDuPont, formed through the merger of chemical giants Dow Chemical and DuPont, is shifting some operations in the three units it plans to create, potentially averting a prolonged fight with activist investors over its post-merger plans.Dow and DuPont will split into three companies focusing on agriculture, specialty chemicals and materials, but some investors including Nelson Peltz's Trian Partners and Daniel Loeb's Third Point LLC urged the companies to take another look at the way business units are aligned. Click here to read full stories.

Sep 13 - USDA raises corn, soy harvest outlooks, surprising markets 

The U.S. Agriculture Department unexpectedly raised its U.S. corn and soybean harvest forecasts on Tuesday, adding further bearish pressure to a market already struggling with massive global supplies.The harvest outlooks, issued in the government's closely watched Crop Production report, topped market forecasts for the second straight month. Click here to read full stories.

Sep 13 - After storms, spring rains may cut Argentina soy, corn area by half 

After strong weekend storms, early spring rainfall threatens to cut by half the planted area of soy and corn in Argentina's largest producing province of Buenos Aires, analysts said on Tuesday.Above average levels of humidity now affect 4.8 million hectares, or 28 percent of Buenos Aires'sagricultural lands, according to farm group Carbap. Moisture has been accumulating since early in the year. Click here to read full stories.

Sep 13 - Brazil keeps 2016/17 soybean output estimate at 114 mln T 

Conab, Brazil's agricultural statistics and food supply agency, on Tuesday forecast the country's 2016/17 soybean crop at 114 million tonnes, unchanged from its estimate last month.It revised its total corn estimate for the current season to 97.71 million tonnes from the 97.2 million tonnes predicted last month. Click here to read full stories.

Sep 13 - Asian CPO Opens Up on Hopes of Lower Production, Better Demand (Dow Jones)
Malaysian palm oil futures opened Wednesday's trading session stronger, amid expectations of lower production in coming months. A fall in palm oil production, coupled with improved export performance as China begins restocking ahead of the winter season, will continue to support prices, says David Ng of Philip Futures in Kuala Lumpur. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange opens at MYR2,839/ton. It is now trading up MYR32 at MYR2,861/ton.

Sep 12 - Grain Supplies to Remain Big, USDA Says (Dow Jones)
Another year of bumper crops in the American heartland means grain supplies in the US and abroad will remain elevated, the USDA says. The government delivered a double-whammy to farmers in its monthly supply-and-demand report, forecasting larger than expected corn and soybean harvests this year, as well as bigger-than-anticipated crop supplies for the current season. The USDA expects corn stockpiles to total 2.34B bushels and soybean inventories to hit 475M bushels, both above analyst estimates. "Once again, the trade got caught looking for lower yields and got burned," says Charlie Sernatinger of ED&F Man Capital Markets. Nearby corn and soybean futures are down 3.4% and 1.9%, respectively, in midday trade.

Sep 12 - Asian CPO Opens Higher on Firm Demand ??? then lose $7.5 ? (Dow Jones)
Malaysian palm oil price futures are up further on Tuesday, held up by healthy demand amid lower production. Malaysia's palm-oil exports during the Sept. 1-10 period are estimated to have risen 6.94% from the previous month at 379,652 metric tons, cargo surveyor Intertek Agri Services said Monday. Another suveyor, SGS (Malaysia), estimated exports rising 9.3%. "Prices will continue to ride high on robust sentiment," notes a Kuala Lumpur-based trader. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange is trading up MYR17 at MYR2,819/ton. It opened at  MYR2,802/ton.

Sep 12 - Australia's Winter Crop Set to Fall Sharply (Dow Jones)
Australia's FY18 winter crop is expected to fall sharply from the exceptionally high yields of 2016-17, but still remain above average. The Australian Bureau of Agricultural and Resource Economics and Sciences sees crops sliding by 39% to 36.3 million tons due to dry weather and unfavorable conditions in many key regions. Wheat is forecast to fall by 38% to 21.6 million tons, barley to drop 40% to 8.0 million tons and canola to slip 33% to 2.8 million tons. The latest overall forecast is still 2% above the 10-year average, Abares says.

Sep 12 - Hurricane Irma whips orange trees, shuts Tyson meat plants 

Hurricane Irma stripped oranges from trees and prompted Tyson Foods Inc to shut meat plants in Florida and Georgia on Monday to keep workers safe.Tyson, the biggest U.S. meat company, hopes to resume normal operations soon at chicken plants it shuttered in Cumming, Dawson and Vienna, Georgia, and at a beef facility in Jacksonville, Florida, spokesman Derek Burleson said. Click here to read full stories.

Sep 12 - Egypt may send French wheat to prosecutor as trade risks grow 

Egypt will probably refer a 59,000 tonne French wheat cargo to the public prosecutor after tests showed it contained toxic poppy seeds, the agriculture ministry said on Monday, the second cargo in less than a month flagged for potential re-export.Suppliers say the world's biggest wheat buyer has begun scrutinising cargoes more closely, reviving fears that tight import requirements could re-emerge following last year's row over ergot, a common grain fungus Egypt temporarily banned. Click here to read full stories.

Sep 12 - Pilgrim's Pride to pay $1 bln for UK unit of parent JBS 

Brazil's JBS SA agreed on Monday to sell a British poultry unit to U.S.subsidiary Pilgrim's Pride Corp for $1 billion, preserving revenue in more profitable activities abroad asthe world's biggest meatpacker faces a corruption scandal at home.In a statement, Pilgrim's Pride said the purchase of Moy Park, a major supplier of chicken in Western Europe, was negotiated and approved by a special committee comprised of three independent board directors. Click here to read full stories.

Sep 12 - China cuts estimated corn deficit even as drought worries linger 

China on Tuesday slashed its forecast for the corn deficit for the upcoming season due to higher imports and better-than-expected output, despite lingering concerns about the impact of drought on the main northeastern growing regions.For the upcoming 2017/18 season which starts on Oct. 1, the government expects demand to outpace supply by 890,000 tonnes, down from last month's forecast of 3.17 million tonnes.That compares with an estimated 10.17 million surplus in 2016/17. Click here to read full stories.

Sep 12 - U.S. soy ratings seen lower; corn unchanged, harvest begins - Poll

The U.S. Department of Agriculture's weekly crop progress report should show no change in good-to-excellent ratings for corn and a slight decline for soy, according to the average of estimates from 11 analysts polled by Reuters on Monday.The poll forecast the U.S. corn crop would be rated 61 percent good to excellent as of Sunday, steady with the previous week, with the estimated percentage of the soybean crop at those levels dipping to 60 percent from 61 percent. Click here to read full stories.

Sep 12 - Brazil's August beef exports up 34 pct as food safety scandal wanes 

Brazil's total beef exports in August rose by 34 percent year-on-year both by volume and in revenue terms, industry group Abiec said on Monday, indicating the worst of a food safety scandal that rocked Brazil's protein industry may be over.Abiec said Brazil shipped 145,822 tonnes of fresh and processed beef in the period, generating revenues of $607 million, the highest amount for any month in 2017 and nearly a 13 percent rise from July. Click here to read full stories.

Sep 12 - Kazakhstan forecasts 2017/18 grain exports to fall to 8 mln tonnes 

Kazakhstan expects to export up to 8 million tonnes of grain in the 2017/2018 marketing season, down from 8.252 million tonnes in the previous season, Deputy Agriculture Kairat Aituganov said on Tuesday.Aituganov told a government meeting the Central Asian nation planned to harvest about 19.5 million tonnes of grains in bunker weight this year, down from 21.5 million tonnes in 2016. Click here to read full stories.

Sep 12 - Brazil 2017/18 soy planting seen delayed due to climate factors 

Weather forecasts suggest soybean planting in key regions of Brazil may be delayed due to scarce rains following the end of the fallowing period in states like Paraná, Mato Grosso and Mato Grosso do Sul.The absence of rains over the next 10 days in these three regions, where about 51 percent of Brazil's soybeans are grown, will push back planting this year in relation to last, Marco Antonio dos Santos, founder of consultancy Rural Clima, told Reuters on Monday. Click here to read full stories.

Sep 12 - Huishan Dairy says HSBC demanding repayment of $214 mln in loans 

Embattled China Huishan Dairy Holdings Co Ltd said HSBC was demanding the repayment of $214 million of loans following one or more counts of default.The move adds to pressure on Huishan, which has held talks with creditors and regional government officials in China asking for help to roll over some loan facilities until it can plug a gap in its finances.  Click here to read full stories.

Sep 11 - Asian CPO Ends Higher on Robust Export Demand (Dow Jones)
Malaysian palm oil price futures ended higher Monday, driven by lower production and robust export demand. Higher purchases by top buyers India and China lifted the market mood, traders say. While India bought 113,600 metric tons of palm oil between Sept. 1-10, China purchased 82,682 metric tons in the same period, according to Intertek Agri Services. Traders say a drop in palm oil production will also support prices over the next fortnight. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange last traded up MYR42 at MYR2,804/ton ($667.5).

Sep 11 - Grain, Soybean Futures Mixed; Irma to Continue Northward (Dow Jones)
Grain and soybean futures are mixed, with traders looking ahead to the USDA's supply-and-demand report on Tuesday. The remnants of Hurricane Irma, which made landfall in Florida on Sunday, could travel into the northern Delta and even as far as the eastern Corn Belt. That will delay fieldwork but bring minor benefits to the soybean crop there, says the Commodity Weather Group. The Midwest will otherwise be mostly dry in the coming days. CBOT most-active December corn futures fall 0.3% to $3.55 3/4 a bushel. December wheat futures fall 0.9% to $4.34 while November soybean futures climb 0.1% to $9.63 1/4.

Sep 11 - Armyworms Pose Permanent Challenge To African Corn (Dow Jones)
Africa's top ten corn-growing nations stand to lose $2.2 billion to $5.5 billion a year in lost harvests as plant eating pests ravage corn fields across the continent, says the Centre for Agriculture and Biosciences International. Countries affected by the pests now stand at 28, up from 17 in March, slashing corn yields by up to 60%, the UK-based Research group notes. Indigenous to the Americas, fall armyworms had previously not been detected outside the region until last year, when they reached West Africa before spreading to the entire continent. The potential impact of the pests could reach 18 million tons of corn a year, piling more pressure on the majority of the continent's struggling economies. Africa's annual food import bill stands at $35 billion.

Sep 11 - Ukraine may exit Egypt wheat market over new rules - minister 

Ukraine might lose its second largest wheat export market, Egypt, due to new wheat import requirements that favour rival Russia, Ukraine's acting agriculture minister said on Friday.Ukraine exported around 2.5 million tonnes of wheat to Egypt in the 2016/17 season, or about 14 percent of the country's total wheat exports of 17.5 million tonnes, according to consultancy UkrAgroConsult. Click here to read full stories.

Sep 11 - Egypt may reject French wheat as tough inspections rattle trade 

Egypt is considering rejecting 59,000 tonnes of French wheat purchased by state grain buyer GASC due to the presence of poppy seeds, the second cargo to come under such scrutiny and raising fresh uncertainty over the country's import policy.The world's biggest wheat importer threw the international grains market into confusion in 2015 by rejecting a cargo that contained the common wheat fungus ergot, triggering a row over policy in Cairo that is still simmering and worrying traders. Click here to read full stories.

Sep 11 - Funds expand oilshare long but snub corn, wheat - Braun 

Speculators inched closer to a record long position in the CBOT oilshare last week, buttechnically driven rallies in the grains failed to impress.In the week ended Sept. 5, money managers drastically upped bullish bets in Chicago-traded soybean oil but left the soybean meal short untouched. They also softened their bearish stance on soybeans. Click here to read full stories.

Sep 11 - Early yields in Canadian spring wheat harvest better than expected 

Canada's spring wheat harvest could be larger than expected, adding to ample global supplies, crop analysts said, but quality has been variable, keeping stocks of wheat for making bread in tight supply.Statistics Canada on Aug. 31 put the country's total wheat crop at 25.5 million tonnes, a six-year low. But analysts expect that figure, based on farm surveys conducted in late July, to rise in subsequent reports.  Click here to read full stories.

Sep 11 - French maize crop conditions stable last week 

Maize crop conditions in France were stable in the week to Sept. 4, with 79 percent of grain maize crops rated good or excellent, unchanged from a week earlier, data from farm office FranceAgriMer showed on Friday.The score was well above the 55 percent rating at the same stage last year, the data showed.France, the European Union's biggest grain grower, is expected to see higher grain maize yields in this year's harvest after favourable rainfall during summer. Click here to read full stories.

Sep 11 - Monsanto to sell its cotton seed brand to India's Tierra Agrotech 

Monsanto Co will sell its small branded cotton seed business to local firm Tierra Agrotech Private Ltd, but remains fully committed to India's agriculture sector, a Monsanto India spokesman said on Friday.The sale comes as Monsanto fights a former licensee in India in a bitter dispute that has drawn in both the Indian and U.S. governments, while it is also the subject of a $66 billion takeover by Germany's Bayer. Click here to read full stories.

Sep 11 - Official Chinese think-tank raises 2017 corn output forecast 

China's corn output in 2017 will be higher than previously expected thanks to favourable weather as the grain matures, the China National Grain and Oils Information Center said on Friday.According to its latest forecast, China will produce 212.5 million tonnes of corn, 3.2 percent lower than last year but 1 million higher than an August estimate of 211.5 million tonnes. Click here to read full stories.

Sep 11 - Asian CPO Stronger Amid Expectations of Better Demand (Dow Jones)
Malaysian palm oil futures are up Monday after some initial weakness amid expectations of better demand. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. will release export estimates for the first 10 days of September. Investors are expecting an improvement in demand ahead of a festival season in India. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange is currently trading up MYR6, at MYR2,768/ton after opening at MYR2,760/ton.

Sep 08 - Asian CPO Ends Lower on Ringgit Strength (Dow jones)
Malaysian palm oil futures closed Friday's trading session lower, pulled down by a weaker ringgit and cautious investment sentiment. Trading volumes were mostly thin this week as investors await Malaysian Palm Oil Board's production and export data and an industry conference in India next week. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange fell MYR16 to close at MYR2,766/ton ($659).

Sep 08 - Monsanto fights to sell Arkansas farmers herbicide linked to crop damage 

Monsanto Co filed a petition on Thursday asking Arkansas agricultural officials to reject a proposed date next year that would end sprayings of the herbicide dicamba, which has been linked to crop damage across the U.S. farm belt. A state task force recommended last month that Arkansas bar sprayings after April 15, 2018, to protect plants vulnerable to the chemical, after farmers complained that soybeans and other crops were damaged when the weed killer drifted away from where it was sprayed this summer. Click here to read full stories.

Sep 08 - China bought 8.45 mln tonnes of soybeans in biggest August imports on record 

China, the world's top soybean buyer, imported 8.45 million tonnes of the oilseed in August, customs data showed on Friday, a record for the month of August, as improving margins boosted demand from buyers. The August figures were up 10.2 percent from last year's 7.67 million tonnes, but down 16.2 percent from 10.08 tonnes in July, according to figures from the General Administration of Customs of China. Click here to read full stories.

Sep 08 - India seen importing 800,000 T of wheat in Oct-Sept -traders

800,000 tonnes of wheat from the Black Sea region is expected to arrive in India over September and October as millers boost reserves in expectation of tight domestic supplies, according to two trade sources and trade flows data. The country is likely to receive 247,000 tonnes of wheat in September, the highest monthly arrival since February, according to Thomson Reuters agricultural flows data, with five vessels scheduled to arrive from Ukraine. Click here to read full stories.

Sep 08 - EU to reopen biodiesel market to Argentine exporters

Argentina will regain access to the European Union's biodiesel market within three weeks after its successful World Trade Organization challenge to Europe's anti-dumping duties on the fuel. The European Union will by Sept. 28 sharply lower the tariffs it has imposed on Argentine biodiesel for the past four years after EU member states backed the reduction on Thursday. Click here to read full stories.

Sep 08 - U.S. soy exports continue to impress despite heavy global stocks: Braun

When leading soybean suppliers Brazil and the United States harvested record crops for the 2016/17 marketing year, many feared that the U.S. export campaign would be hurt by stiff competition from its South American rival. However, the volumes leaving U.S. ports have been better than anticipated and for the fourth year in a row, domestic soybean exports will rise far above the U.S. Department of Agriculture’s initial prediction for the recently concluded marketing year. Click here to read full stories.

Sep 08 - India, China regulators ask Potash to sell stake for merger with Agrium

Fertilizer companies Agrium Inc and Potash Corp of Saskatchewan Inc said on Thursday they were told by regulators in India and China that they need to divest Potash's offshore interests for their merger to be approved. The all-stock merger, valued at $25 billion, was announced in September last year and will bring together Potash's crop nutrient production capacity, the world's largest, with Agrium's farm retail network, North America's biggest.  Click here to read full stories.

Sep 08 - Mexico presses to open Canadian, U.S. agricultural export markets 

Mexico aims to boost agricultural exports to Canada and the United States, including chicken, eggs and dairy products, following the latest round of talks to update the North American Free Trade Agreement (NAFTA), a senior official said. Raul Urteaga, head of international trade at Mexico's agriculture ministry, said in an interview that product exceptions to trade terms covering Mexican access in NAFTA's original text should now be set aside. Click here to read full stories.

Sep 08 - Asian Palm Oil Opens Lower Amid Soy-Oil Drop (Dow Jones)
Asian palm-oil prices are reversing yesterday's gains amid overnight declines in soy-oil futures. Traders are anticipating a rise in palm-oil production and inventories, not good for prices. But better demand from India, one of the major buyers of the tropical oil, might lend some near-term support. Benchmark November futures on the Bursa Malaysia Derivatives Exchange are down 0.4% at MYR2,772/ton.

Sep 08 - Monsanto to Exit Indian Cotton-Seed Business (Dow Jones)
Monsanto will sell its branded cotton-seed business in India, part of cost-cutting measures the world's largest seed supplier has laid out the past year to navigate a protracted slump in global agriculture industry. India's Tierra Agrotech has agreed to buy the business. MON will continue to sell corn and vegetable seeds and pesticides in India, one of the world's biggest agricultural markets. The company also maintains a JV with Mahyco, another Indian seed developer, that centers on developing biotech crop genes for cotton. But that business has been challenged after India last year implemented price controls. MON's India unit overall made up not-quite 1% of the company's FY16 sales; the past year's results are due in several weeks.

Sep 07 - From sugar mills to hog farms, U.S. agriculture braces for Irma 

Hurricane Irma sent farmers and food companies scrambling to protect processing facilities, farm fields and animal herds in the South and Southeastern parts of the United States on Wednesday.Florida sugar and citrus processors rushed to secure rail cars and equipment that could be crushed, blocked or turned into flying projectiles. Cattlemen opened up their fences and moved animals to higher ground and wooded areas, which can offer some relief from high winds. Click here to read full stories.

Sep 07 - Crop survey confirms French wheat crop's high quality

A virtually complete survey of France's soft wheat harvest this year confirmed high quality levels in the European Union's largest producer and exporter of the grain.The report, carried out with technical institute Arvalis, was based on tests performed on 99 percent of samples from growing regions across the country. Click here to read full stories.

Sep 07 - Brazil's ABPA hires two law firms to fight China chicken antidumping case 

A Brazilian association representing chicken and pork producers on Wednesday named two legal firms to fight an anti-dumping case made by China in August against Brazilian chicken imports that could last several years.ABPA, as the association is known, said it hired MPA Trade Law, in Brazil, and Hylands Law, in China, to defend it in the case. The association also said each of the 27 companies involved in the proceedingswould hire legal representation separately, without elaborating. Click here to read full stories.

Sep 07 - Brazil's Abiove sees record 2018 soy exports 

Brazil is expected to export a record 65 million tonnes of soy grains in 2018 although the country's overall output may fall, industry group Abiove said on Wednesday in its first forecast for next season."With a good harvest and China's demand growing, Brazil will have the opportunity to export more," Fábio Trigueirinho, Abiove general secretary, told Reuters by telephone. Click here to read full stories.

Sep 07 - Canada canola stocks drop from year ago, wheat stocks up 

Canadian principal field crop stock levels for canola and oats declined as of the end of July from the year before, while wheat and barley stocks were up, according to a farm survey by Statistics Canada released on Wednesday.The government reported July 31 canola stocks at 1.3 million tonnes, down 35.5 percent from 2.1 million a year earlier but roughly in line with a range of trade expectations. The average pre-report estimate among analysts and traders surveyed by Reuters was 1.5 million tonnes. Click here to read full stories.

Sep 07 - U.S. says Vietnam to resume importing American distillers dried grain 

Vietnam will resume imports of American distillers dried grains (DDGS) after having suspended them in December for reported detection of quarantine pests, the U.S. Trade Representative and Agriculture Department said on Wednesday.DDGS are a co-product of ethanol production and are used as an ingredient to provide protein and energy in animal feed. Click here to read full stories.

Sep 07 - Brazil's Conab says cotton planting area could rise in 2017/18 

Brazil's agricultural agency Conab said on Wednesday that farmers in the country may increase areas planted with cotton as prices for the fiber are rising, according to a presentation.In a document containing the outlook for agricultural products ranging from grains to dairy products, Conab said it has seen cotton prices at 76 reais per arroba ($24.39/per 15 kg), which may be an incentive for farmers to grow it in the 2017/18 crop season. Click here to read full stories.

Sep 07 - Asia Palm Oil Falls Further as Worries Cool (Dow Jones)
Asian palm-oil futures weaken further in the absence of fresh leads to boost market sentiment. A stronger ringgit is also pressuring the market. Traders say India and China--major palm-oil buyers--could increase purchases ahead of the mid-Autumn festivals in October. For now, November futures on the Bursa Malaysia Derivatives Exchange are down 0.7% at MYR2,725/ton ($646).

Sep 07 - India Oilmeal Exports Jump on Improved Overseas Demand (SEAI Dow Jones)
India's oilmeal exports appear to be on a recovery path, thanks to good monsoon rains leading to better availability and improved demand from Southeast Asia. "Exports are likely to remain firm for the next 2 months as this is the peak supply season and demand from southeast Asia is good," notes BV Mehta, executive director of the Solvent Extractors' Association of India. Oilmeal shipments in the April-to-August period jumped 78% on year, according to the association. Out of the total exports in the April-to-August period, shipments to South Korea increased 12.5%, followed by Vietnam, which imported 7.24% more oilmeal.

Sep 06 - Asian CPO Ends Down on Cautious Trading (Dow Jones)
Malaysian palm oil futures ended Wednesday lower amid cautious trading as investors await next week's production data. The Malaysian Palm Oil Board will release its estimates of production, exports and inventories for August early next week, which will likely set the tone for prices in the near term. Until then, prices are expected to fluctuate between MYR2,700/ton and MYR2,850/ton, notes David Ng of Philip Futures in Kuala Lumpur. The November benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange closed at MYR2,744/ton ($647), down MYR23.

Sep 06 - Delays to U.S. wheat exports set to persist in Harvey-hit Texas 

Disruptions and delays to U.S. wheat exports from Texas as a result of Hurricane Harvey will persist for days more, trade experts said on Tuesday, after shipments were wiped out last week by flooded railroad tracks and closed ports.The storm came ashore on Aug. 25 and became the most powerful hurricane to hit Texas in more than half a century, closing export terminals that handle around a quarter of U.S. wheat shipments.  Click here to read full stories.

Sep 06 - EPA eyes limits for agricultural chemical linked to crop damage 

The U.S. environmental agency is considering banning sprayings of the agricultural herbicide dicamba after a set deadline next year, according to state officials advising the agency on its response to crop damage linked to the weed killer.Setting a cut-off date, possibly sometime in the first half of 2018, would aim to protect plants vulnerable to dicamba, after growers across the U.S. farm belt reported the chemical drifted from where it was sprayed this summer, damaging millions of acres of soybeans and other crops.  Click here to read full stories.

Sep 06 - Egypt's state wheat purchases surge after private sector crackdown 

State grain purchases have surged this year in Egypt, Reuters-compiled data showed, partly driven by government efforts to fill a gap left by a shrinking private sector hit by a crackdown on fraud and smuggling.Government purchases in the world's biggest wheat importer rose 80 percent for the first seven months of 2017 versus the same period last year, according to the figures. Click here to read full stories.

Sep 06 - U.S. corn, soybean ratings seen unchanged in week - Poll

The U.S. Department of Agriculture's weekly crop progress report should show no change in good-to-excellent ratings for the U.S. corn and soybean crops, according to an average of estimates by 10 analysts polled by Reuters on Tuesday.The poll forecast the corn crop would be rated 62 percent good to excellent as of Sunday and the soybean crop rated 61 percent good to excellent, both steady with the previous week. Click here to read full stories.

Sep 06 - JBS slumps as Brazil lawmakers urge probe of major holder 

Shares of Brazil's JBS SA fell the most in 14 weeks on Tuesday on concern a plea deal between the controlling Batista family and prosecutors could be revised, leading to further scrutiny of the meatpacker's business.Prosecutor-General Rodrigo Janot said on Monday that Joesley Batista, one of the brothers who control JBS, and a fellow state's witness in the deal seemed to have inadvertently recorded a four-hour conversation mentioning the names of politicians, prosecutors and Supreme Court justices about crimes not mentioned in the deal. He said the content was "very troubling." Click here to read full stories.

Sep 06 - Funds heading for record-long bets in CBOT oilshare -Braun 

Speculators’ bullish position in the CBOT oilshare, measuring soyoil’s share of value in soy products, soared to a 10-month high in the week ended Aug. 29 and it may be approaching record levels in the coming days and weeks. At the same time, money managers have extended their bearish bets in Chicago-traded corn, wheat, and soybean futures, but this trend has likely eased into the start of September.  Click here to read full stories.

Sep 06 - Ukraine seen set for bumper grain harvest, exports 

UkrAgroConsult raised its forecast for Ukraine's 2017/18 grain exports by 3.4 percent to 42.06 million tonnes on Tuesday underpinned by higher-than-expected harvest.The consultancy raised its grain harvest estimate to 63.2 million tonnes from 61.7 million a month ago citing a higher grain yield and larger harvested area, it said in a statement. Click here to read full stories.

Sep 06 - Tyson to build new Kansas plant as demand for chicken surges 

Tyson Foods, the biggest U.S. meat processor, said on Tuesday it would build a $320 million poultry complex in eastern Kansas to meet increasing consumer demand for chicken.The company said the new unit, which will produce pre-packaged trays of chicken for grocery stores, would begin production in mid-2019. Click here to read full stories.

Sep 06 - Asian CPO Edges Lower in Early Trade (Dow Jones)
Malaysian palm oil price futures slip Wednesday amid concerns of higher production growth. Traders are uncertain about the extent of production gains in top producer Malaysia. The Malaysian Palm Oil Board is scheduled to release production data for August on Sept. 11, and the results could dictate the course of near-term price movements. The November benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange opens at MYR2,756/ton, and is last down MYR10 at MYR2,757/ton.

Sep 05 - Asian Palm Oil Jumps Along with Soy Oil (Dow Jones)
Malaysian palm oil futures rose sharply amid gains in rival soy oil. Steady demand for palm oil in August has also supported investor sentiment; Malaysia palm-oil exports were essentially flat last month versus July, according to cargo surveyor SGS. But concerns about higher production are likely to pressure prices near-term, says a Kuala Lumpur-based trader. Benchmark November futures on the Bursa Malaysia Derivatives Exchange jumped 2.3% to MYR2,768/ton.

Sep 05 - Subdued EU wheat market weighs slow farmer sales, big Russia crop 

Benchmark European wheat futures were little changed on Monday as traders weighed slow farmer selling after recent price lows against stiff export competition from a bumper Russian harvest.Activity was subdued in a session marked by a holiday closure on U.S. markets for Labor Day.December milling wheat on Paris-based Euronext, settled unchanged versus Friday's close at 160.50 euros ($191.20) a tonne. Click here to read full stories.

Sep 05 - Strong rouble limits fall in Russian wheat prices 

Russian wheat export prices fell for a fifth consecutive week, under pressure from a large new crop, but their decline was limited by a strengthening rouble against the dollar, analysts said on Monday.Black Sea prices for Russian wheat with 12.5 percent protein content and September delivery were at $179.5 a tonne on a free-on-board (FOB) basis at the end of last week, down $0.5 from the week earlier, IKAR agriculture consultancy said in a note.  Click here to read full stories.

Sep 05 - Brazil August chicken exports strong as food scandal subsides 

Brazilian chicken exports rose by an annual 14.6 percent in August, the third-best monthly result on record, industry group ABPA said in a statement on Monday.Chicken exports totaled 416,800 tonnes last month, confirming a recent forecast by ABPA that it would be the around 400,000 tonnes.  Click here to read full stories.

Sep 05 - China's Cofco to discontinue Brazil soy crushing plant 

China's Cofco Intl will discontinue operations at a soy crushing plant in the Brazilian state of Paraná, the company said in a statement on Monday when asked about a local media report.According to the report by Portal Cambé, about 100 employees were fired from the unit, which makes soy oil, as a result of the decision. Cofco did not comment on the number of workers who lost their jobs, but said it is extending employees' health insurance plan through the end of 2017. Click here to read full stories.

Sep 05 - Asian CPO Opens Higher Tracking Rival Oils (Dow Jones)
Malaysian palm oil futures open higher Tuesday after a 5-day weekend, tracking overnight gains in soybean oil prices. "It's a slow start after a long weekend in Malaysia, as investors adjust new positions," says a Kuala Lumpur-based trader. All eyes will be set on crucial production and export data due to be released later this week that will set the tone of the market, he says. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange opens up MYR30 at MYR2,736/ton.

Sep 04 - China to allow imports from more Brazil meatpackers -Brazil minister 

Chinese President Xi Jinping has authorized an increase in the number of Brazilian meatpacking plants permitted to export to China and professed a "love" for the country's meat, Brazil's Agriculture Minister Blairo Maggi said on Friday."I was very gratified to hear President Xi Jinping saying the following: 'I like Brazil's meat, I love Brazilian meat, I am a poster boy for Brazilian meat,'" Maggi said in a video posted on Twitter following a meeting with Xi. Click here to read full stories.

Sep 04 - China cotton futures jump after traders banned from September state sales 

China will ban trading firms from buying cotton from its national reserves during September, the state stockpiler said on Monday, sending local cotton futures up almost 4 percent as the market anticipated reduced supply of raw material.The new rules, to be implemented from Sept. 4 until Sept. 29, will help meet demand from cotton spinning firms, the China National Cotton Reserves Corporation said in a notice posted on industry website Cncotton.com. Click here to read full stories.

Sep 04 - How fair is our food? Big companies take reins on sourcing schemes 

From cocoa to tea, food and drink giants are setting their own standards for ethical sourcing of raw materials, moving away from third-party labels such as Fairtrade.Mondelez International, owner of chocolate brands Cadbury and Toblerone, Unilever, behind tea brands such as Lipton and PG Tips, and Barry Callebaut, the world's biggest producer of chocolate and cocoa products, have all introduced their own schemes. Click here to read full stories.

Sep 04 - Informa Economics raises U.S. corn, soy yield estimates - trade 

Private analytics firm Informa Economics on Friday raised its estimate of the U.S. 2017 corn yield to 169.2 bushels per acre (bpa), up from 165.9 a month ago, three trade sources said.Informa also raised its U.S. 2017 soybean yield estimate to 49.4 bpa, from 47.3 last month. The firm estimated soybean production at 4.384 billion bushels and corn production at 14.123 billion bushels. Informa officials were not immediately available for comment. Click here to read full stories.

Sep 04 - Wheat virus threatens crop in U.S. Plains as farmers save money 

Kansas, the top U.S. wheat producing state, could face hefty yield losses next year from a virus that cost it nearly 6 percent of production in 2017, according to a preliminary estimate, as low wheat prices may have deterred farmers from spending money on herbicides.This year's outbreak of wheat streak mosaic virus in Kansas was the worst since 2006, according to plant pathologists at Kansas State University. The disease also struck parts of Oklahoma, Nebraska and Colorado. Click here to read full stories.

Sep 04 - Brazil soy exports hit all-time high in August, association says 

Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop.According to cereals exporter association Anec, Brazil shipped 5.7 million tonnes of the oilseeds last month, about 500,000 tonnes above August 2015, which until now had seen the highest volume for the month yet. Click here to read full stories.

Sep 04 - Indonesia palm oil output, exports likely rose in July - Reuters survey 

Indonesia's crude palm oil output likely rose in July, a Reuters survey showed, as production started to increase in line with the typical rise that occurs at this point in the annual crop cycle.Crude palm oil (CPO) production in Indonesia, the world's top producer of the vegetable oil, likely rose to 3.5 million tonnes in July, compared to 3.2 million tonnes in June, according to the median estimate in a survey of two industry associations and a state palm research firm. Click here to read full stories.

Sep 04 - Harvey not likely to weigh much on farm freight, logistics-Cargill CEO 

Global commodities trader Cargill Inc does not expect a significant impact on freight costs or logistics from the massive flooding caused by Hurricane Harvey in Texas and Louisiana, its top executive said on Friday.Cargill Chief Executive Officer David MacLennan said while it was still too early to assess the full impact of the storm on U.S. farm trade from nearby ports, he suspects freight rates have inched up but that the change would likely be minimal. Click here to read full stories.

Sep 04 - Brazil court halts JBS shareholder meeting as rift deepens 

JBS SA on Friday had to suspend a shareholder meeting to decide the fate of Chief Executive Officer Wesley Batista after his family, which controls the world's No. 1 meatpacker, won a legal injunction that may draw out a dispute with other shareholders.According to a securities filing, a federal judge ordered a 15-day suspension of the meeting and decided that disagreements between the Batista family and minority shareholders should be settled by the São Paulo Stock Exchange's arbitrage council. Click here to read full stories.

Sep 04 - Farm minister says Philippines' bird flu crisis is over 

The Philippines has declared its avian flu crisis, which prompted the culling of over 600,000 birds, to be officially over as it eased restrictions on the shipment of poultry products from towns where outbreaks were detected.Agriculture Secretary Emmanuel Piñol said the ban on poultry shipments was now confined within a one-kilometer radius of the three areas hit by the deadly H5N6 strain in two provinces north of the capital Manila. Click here to read full stories.

Sep 01 - Benchmark Bursa Malaysia futures will not trade the rest of the week for a holiday.

Sep 01 - Egypt extends 13.5 pct moisture limit in wheat by nine months 

Egypt, the world's largest wheat buyer, will allow wheat shipments with a moisture level of up to 13.5 percent for an extra nine months, the trade ministry said on Thursday, extending a higher limit that was set to expire. The higher moisture limit applies to all origins but has in the past favoured French wheat as it can struggle to meet the 13 percent ceiling. Click here to read full stories.

Sep 01 - Cargill estimates Brazil to export 5 mln tonnes of corn in Aug 

A Brazil Cargill executive estimated on Thursday that the country will have exported 5 million tonnes of corn in August, with the U.S.-based agriculture firm accounting for a large share of the trade. Brazil is expected to export 35 million tonnes of corn this year, he said, higher than a 28-million-tonne forecast by the government and above industry group Anec's 30-million-tonne projection. Click here to read full stories.

Sep 01 - Hurricane Irma may soon grab spotlight from Harvey: Braun

Hurricane Harvey has left major devastation in Texas but there is another hurricane called Irma out in the Atlantic that could take aim at the United States within the next week or so. Irma became a hurricane early on Thursday and by the evening it was upgraded to a major hurricane, which requires sustained winds greater than 110 miles (177 km) per hour. Click here to read full stories.

Sep 01 - Brazil's BRF says Tarpon-backed CEO Faria to leave 

BRF SA Chief Executive Pedro de Andrade Faria plans to leave by the end of the year, following a series of heavy quarterly losses by the world's largest chicken exporter. The company, in a statement, said on Thursday it has already started to look for a replacement for Faria, a former executive of BRF's largest shareholder, investment firm Tarpon Investimentos SA, where he will return after leaving BRF. Click here to read full stories.

Sep 01 - Canadian wheat output seen at 6-year low, canola down 7 pct 

Canada's all-wheat crop will be the smallest in six years while the canola harvest should fall 7.1 percent from last year, Statistics Canada's first crop production report of the year estimated on Thursday. Canola production looked set to reach 18.2 million tonnes, down from a revised 2016 estimate of 19.6 million tonnes, and below the average trade estimate of 18.6 million tonnes.  Click here to read full stories.

Sep 01 - Russia may partially resume tomatoes imports from Turkey in winter - minister 

Russian agriculture minister Alexander Tkachev said on Thursday that Moscow may resume tomatoes imports from Turkey in small parcels during the winter season when Russian producers are unable to fully cover domestic needs. "I think we can offer the Turkish side the following options. First of all, to supply tomatoes in winter and early spring when our farmers are unable to supply the Russian market due to the wheather," Tkachev told the Russian state TV Rossiya-24. Click here to read full stories.

Sep 01 - EU 2017/18 soft wheat exports down 52 pct at 2.4 mln T by Aug 29

European Union soft wheat exports in the 2017/18 season that began on July 1 had reached 2.4 million tonnes by Aug. 29, down 52 percent from the 5.0 million tonnes exported in the same period last year, official data showed on Thursday. In the latest reporting week, the EU exported 184,000 tonnes of soft wheat, on the basis of a revised week-earlier total of 2.2 million tonnes, the data showed. Click here to read full stories.

Sep 01 - Excess moisture threatens 34 pct of Argentina 2017/18 wheat crop - exchange 

Excessively wet conditions are threatening the development of 34 percent of the 5.35 million hectares of wheat planted in Argentina for the 2017/18 crop, the Buenos Aires Grains Exchange said in a weekly report on Thursday. The warning comes just two weeks after the exchange cut its estimate for wheat area from 5.4 million hectares, citing excessive rainfall in Argentina's central grains belt during the first seven months of the year, resulting in damp conditions and flooding. The exchange had originally forecast wheat planted area at 5.5 million hectares.  Click here to read full stories.

Sep 01 - Ukraine grain exports by sea rise 29 pct in August 

Ukraine's grain exports from its sea ports jumped to 3.59 million tonnes in August from 2.79 million tonnes in July, analyst UkrAgroConsult said on Thursday. Exports by sea account for around 95 percent of Ukrainian total grain shipments. The consultancy said Ukraine's international sales in August were 2.57 million tonnes of wheat, 800,000 tonnes of barley and 217,000 tonnes of maize. Click here to read full stories.

Sep 01 - Thailand Rice Exports to Hit 11 Million Tons This Farming Year (Dow Jones)
Thailand's rice exports are tipped to rise to 11 million metric tons in the 2017 farming year, up from 9.8 million metric tons after a court order ended the suspension of government rice stock sales, says the US Department of Agriculture in a note. "The sale of government stocks are likely to be depleted" this year with rice stocks in Thailand returning to normal levels next year. The depletion of Thailand's rice stocks is good news for the market as the large overhang in Thailand has kept prices depressed for several years.

Sep 01 - ASX East Wheat Futures Pare Gains, Weather Woes Continue to Support (Dow Jones)
ASX East January wheat futures are down after the commodity made gains on Thursday. However, Commonwealth Bank of Australia analyst Tobin Gorey says prices remain supported as Australia's eastern winter crop regions continue to have large areas where the weather has been cold enough for over a week to harm crops. The January contract is currently trading down A$1 at A$252 a metric ton.

Aug 31 - With Palm Oil Closed, Eyes on Export Estimates (Dow Jones)
Asian palm-oil prices have fallen off recent highs the past few days, and the market is likely to take its cues from the release of export estimates from SGS and Intertek later today. Shipments have been down this month, capping the price gains. Benchmark Bursa Malaysia futures will not trade the rest of the week for a holiday.

Aug 31 - Still upside to U.S. corn, soy plantings for 2017 harvest: Braun 

U.S. corn and soybean yields are shaping up to be larger than many analysts originally thought, but the production volume could get an additional boost from an increase in planted acres. This is not exactly pleasant news for market bulls with domestic corn supply at a 29-year high and soybean reserves the largest in a decade. Swelling inventory, both domestically and globally, has been a heavy weight on futures prices throughout the year. Click here to read full stories.

Aug 31 - Energy hogs: China targets farm waste as a 'clean' power source 

China will pay farmers to turn animal poo into fertiliser and power, the Ministry of Agriculture said on Wednesday, as Beijing cracks down on agricultural pollution that has for years leaked into rivers and lakes, angering Chinese residents. China will give farmers subsidies to build animal waste processing facilities to make fertilisers or to treat manure so it's safe for disposal, and to install biogas plants that use methane to generate electricity, according a government plan announced on Aug. 1. Click here to read full stories.

Aug 31 - Brazil's BRF favors stricter food inspection standards - executive 

BRF SA, the world's largest chicken exporter, believes rigorous inspection standards can help open new markets to Brazilian food products, an executive said on Wednesday, commenting on the effects of a recent and temporary ban on the country's meat exporters amid afood safety crisis. The "Weak Flesh" probe uncovered allegations that inspectors were bribed to ignore lapses in food standards. Police have accused more than 100 people of taking bribes in exchange for allowing the sale of rancid products, falsifying export documents or failing to inspect meatpacking plants.  Click here to read full stories.

Aug 31 - Argentina oilseed chamber says U.S. biodiesel tariffs to hit soy prices

Argentina's oilseed industry chamber said on Wednesday that local prices for soy oil and soybeans will likely decline as a result of the U.S. decision last week to slap high tariffs on imports of Argentine biodiesel. In 2016, 1.5 million tonnes of soybean oil were used to manufacture biodiesel shipped to the United States, representing 7.5 million tonnes of soybeans, the CIARA chamber said in a statement. Click here to read full stories.

Aug 31 - Harvey may cause long-term disruption on Houston's rail tracks 

Major U.S. railroads have warned that it could be a long time before normal operations resume in the Houston area where Tropical Storm Harvey has caused catastrophic flooding. Closure of rail lines in the grain transport hub and nexus for cross-border traffic with Mexico presents a costly headache for customers ranging from automakers to farmers who use the lines to send ethanol, cereals and auto parts to and from Mexico or to be loaded onto ships. Click here to read full stories.

Aug 31 - FranceAgriMer trims wheat protein levels in latest survey 

The latest survey of the quality of French soft wheat crops showed slightly lower protein levels than last week and are now at the same level as last year, farm office FranceAgriMer said. The report, with technical institute Arvalis, was carried out on samples gathered by Aug. 28 and included most of the last-harvested regions, unlike last week's survey. About 94 percent of the expected samples from growing regions have now been tested. Click here to read full stories.

Aug 31 - Canadian canola stocks seen dwindling to 4-year low 

Canadian canola stocks were the tightest in four years before the country's harvest began, while wheat supplies topped those of last year, according to a Reuters survey ahead of a government crop report. Reuters surveyed 17 traders and analysts ahead of Statistics Canada's Sept. 6 report on crop stocks as of July 31, 2017, which marked the end of the 2016/17 marketing year. Click here to read full stories.

Aug 31 - Louis Dreyfus shakes up management after head of grains quits 

Louis Dreyfus Company said on Wednesday it had appointed Adrian Isman to head its Grains and Value ChainPlatforms, replacing David Ohayon who has resigned. Isman will retain his existing responsibilities as Head of North America, the company said in a statement. Click here to read full stories.

Aug 31 - Ukrainian grain firm GPZKU's exports to China rise 11 pct in 2016/17

Exports by Ukrainian state grain company GPZKU to Chinese firm CCEC under a $1.5 billion Chinese loan-for-grains deal rose 11 percent to 702,000 tonnes in 2016/17 season, the company said on Wednesday. According to the deal signed in 2012, GPZKU is meant to supply 5 million tonnes of grain to Chinese trading firm CCEC each year. In the 2015/16 July-June season GPZKU supplied 633,000 tonnes of grain to CCEC, it said in a statement. Click here to read full stories.

Aug 31 - South Africa hit by 24 bird flu outbreaks since June

South Africa has detected 24 outbreaks of the H5N8 strain of bird flu since June, including 10 at commercial chicken farms and three at ostrich farms, Agriculture Minister Senzeni Zokwana said on Wednesday. The virus is highly pathogenic in birds and has hit companies such as RCL Foods, which said last week that the cost of the outbreaks at its farms amounted to 50 million rand ($3.84 million). The strain is considered unlikely to infect humans. Click here to read full stories.

Aug 30 - Asian CPO Declines on Worries About Higher Production (Dow Jones)
Asian crude palm oil futures reverse early price gains to end slightly lower Wednesday amid persistent concerns about higher production and weaker demand. "Expectation of lower exports and higher palm oil production kept the sentiment low," notes David Ng of Philip Futures in Kuala Lumpur. Further, traders booked profits ahead of a long weekend in Malaysia, he adds. The Bursa Malaysia Derivatives Exchange market will be closed on Thursday and Friday for public holidays. The November benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange finished MYR7 lower at MYR2,706/ton ($634).

Aug 30 - French farmers face more losses this year if grain price slump continues 

Following several lean years, French wheat growers could be plunged further into the red in the 2017-18 season if prices continue to slide, their industry association warned on Tuesday. Although the wheat harvest in the European Union's largest grain producer this year ended up around normal levels, at 36.8 million tonnes, some parts of France saw their crop ravaged by a combination of dry autumn weather, late spring frosts and a hot spell in June, wheat growers group AGPB told reporters. Click here to read full stories.

Aug 30 - Russian wheat dominates Egypt GASC tender, lowest offer at $186.05/T

The lowest offer at Egypt's GASC wheat tender on Tuesday was $186.05 a tonne free-on-board (FOB) for 60,000 tonnes of Russian wheat, traders said, with cheap Russian offers dominating due to that country's bumper crop. Egypt, the world's largest wheat buyer, is seeking cargoes for shipment from Oct. 1-10. Results are due on Tuesday. Click here to read full stories.

Aug 30 - WTO chief says Brazil actively trying to lift restrictions on meat trade 

Brazil is engaged in World Trade Organization committee talks aimed at eliminating potential barriers to poultry and pork exports, with an upcoming summit in December the next opportunity to advance agreements benefiting its farm exports, the head of the WTO said. Brazil has proposed the adoption of strict scientific criteria related to sanitary standards in the food trade in one committee, WTO Director-General Roberto Azevedo told a conference on Tuesday. Click here to read full stories.

Aug 30 - Ghost tomato factory showcase for Nigeria's farming problems 

At a state-of-the-art plant in northern Nigeria, shiny machines stand next to a conveyor belt ready to crush tomatoes to satisfy the country's insatiable demand for tomato paste. But a lonely cleaner mopping the floor is the only sign of activity in Nigeria's biggest tomato factory, equipped with the latest Italian and German technology. There aren't enough tomatoes to run it. Click here to read full stories.

Aug 30 - Harvey's floods scatter cattle in Texas, swamp cotton fields 

South Texas ranchers are scrambling to relocate cattle from massive flooding spawned by Tropical Storm Harvey, with many hauling livestock up to the north of the state while others rush to move the animals to higher ground nearby. About 1.2 million cattle are located in a 54-county disaster area drenched by Harvey, which made landfall as a hurricane last weekend. With more torrential rain in the forecast, ranchers are expressing worry that some animals could perish despite efforts to save them. Click here to read full stories.

Aug 30 - Large part of Louis Dreyfus's grains team leaves company 

A large part of Louis Dreyfus Company's European grains trading team, including Global Head of Grains David Ohayon, has left the company, trade sources said on Tuesday. No one was available at Dreyfus for comment.Click here to read full stories.

Aug 30 - Hot and dry weather may cut Ukraine maize crop, hamper sowing

Hot and dry weather in Ukraine's eastern and southern regions in August may reduce the country's maize harvest by 10-15 percent and could hamper winter grain sowing, weather forecasters said on Tuesday. Ukraine's southern and eastern regions are considered relatively risky planting areas and their harvests largely depend on weather conditions. Click here to read full stories.

Aug 30 - Cargill-partner Evolva cuts 43 pct of workers to stem losses 

Evolva is cutting 43 percent of its workforce, paring locations and jettisoning additional management by year's end as the Swiss-based sugar substitute maker seeks to arrest widening losses, it said in a statement on Wednesday. Evolva, whose partnership with U.S.-food giant Cargill on stevia-based sweetener EverSweet has faced delays, said it will trim its headcount to 100 from 178 people to reduce operating expenses by 11 million Swiss francs ($11.52 million) starting in the second quarter of 2018. Click here to read full stories.

Aug 30 - South Africa's crop committee raises record maize estimate by 2.7 percent 

South Africa will harvest 16.413 million tonnes of maize this season, the biggest crop on record after improved weather conditions across the maize belt boosted yields, the government's Crop Estimates Committee (CEC) said on Tuesday. The estimate is up 2.7 percent from the CEC's July forecast of 15.969 million tonnes. The previous record harvest of 14.656 million tonnes was set in 1981. Click here to read full stories.

Aug 30 - Brazil's JBS sets up independent governance board for U.S. unit

The U.S. subsidiary of Brazil's JBS SA, the world's largest meatpacker, has set up an independent board to handle issues of governance, regulation, risk-management and marketing, according to a Tuesday securities filing. The board will be composed of four members, including former U.S. House Speaker John Boehner, the filing said. Click here to read full stories.

Aug 30 - Export price of Norwegian salmon rose to NOK 56.80 last week - statistics agency 

The export price of fresh farmed Norwegian salmonrose to 56.80 Norwegian crowns ($7.33) per kilo last week from 55.63 crowns in the previous week, Statistics Norway said on Wednesday. Volumes exported decreased to 16,988 tonnes from 17,023 tonnes over the same period, it added. Click here to read full stories.

Aug 30 - Asian CPO Opens Higher After Soy-Oil Gains (Dow Jones)
Asia palm-oil futures open stronger following overnight gains in soy oil. That as investors are adjusting positions ahead of a long holiday weekend, says a Kuala Lumpur-based trader. The Bursa Malaysia Derivatives Exchange will be dark Thursday and Friday. November futures are up 0.3% at MYR2,722/ton.

Aug 29 - Palm Oil Slides on North Korea, Weaker Rival Oils (Dow Jones)
Asian palm-oil futures fell amid a broad risk-off sentiment in markets today in the wake of the North Korean missile launch. Sluggish performance in competing oils also dragged palm oil lower, notes David Ng of Philip Futures. November palm oil fell 1% to MYR 2,711/ton.

Aug 29 - Bayer's Brazil unit may barter for 25 pct of agrochemical sales 

Bayer AG's Brazil unit has been relying on barter for more of its agrochemical sales, swapping its products with farmers for a portion of their crops to keep business healthy as the country emerges from the harshest recession on record. With accessible credit lines scarce for Brazilian farmers, Bayer will use the barter operations to raise agrochemical sales to more than $300 million this year, Eduardo Roncaglia, director of structured operations, told Reuters last week. Click here to read full stories.

Aug 29 - Bears regain control of the Chicago grain, oilseed market: Braun

After nearly seven weeks as bulls, speculators have turned bearish toward Chicago grain and oilseed futures and options as heavy inventory and largely non-threatening weather for U.S. crops keep the lid on prices.  Hedge funds and other money managers switched to a net short position in CBOT corn and extended their existing net shorts in CBOT wheat and soybeans in the week ended Aug. 22, according to data from the U.S. Commodity Futures Trading Commission.  Click here to read full stories.

Aug 29 - Indonesia to keep export taxes for cocoa, palm oil at zero in September 

Indonesia will maintain export taxes for cocoa beans and crude palm oil at zero for September, the trade ministry said on Tuesday. The cocoa bean export tax will be set at zero for a fourth month. For crude palm oil, it is the fifth at zero. Click here to read full stories.

Aug 29 - Egypt to decide on fate of Romanian wheat cargo after Eid holiday

Egypt will issue a decision on a Romanian wheat shipment after the Eid al-Adha holiday, which ends on Sept. 4, judicial sources told Reuters on Monday. Egypt's agriculture quarantine service rejected a 63,000 tonne Romanian wheat shipment due to the presence of poppy seeds last week and transferred the case to the public prosecutor. Click here to read full stories.

Aug 29 - Russian wheat prices fall under pressure from new crop 

Russian wheat export prices fell for a fourth week last week, under pressure from a large new crop coming onto the market, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $180 a tonne on a free-on-board (FOB) basis at the end of last week, down $4 from a week earlier, IKAR agriculture consultancy said in a note. Click here to read full stories.

Aug 29 - U.S. corn ratings seen improved from last week; soy unchanged - poll

The U.S. Department of Agriculture's weekly crop progress report should show a slight improvement in good-to-excellent ratings for the U.S. corn crop, while soybean ratings were seen unchanged, according to an average of estimates by 11 analysts polled by Reuters on Monday. The poll forecast the corn crop would be rated 63 percent good to excellent as of Sunday, up from 62 percent the previous week. The soybean crop was seen rated 60 percent good-to-excellent, steady with last week. Click here to read full stories.

Aug 29 - Bangladesh's state-to-state wheat deals may be costly - trade

Bangladesh's push for state-to-state wheat purchase deals could mean it pays higher prices, as commercial firms shun government tenders due to stringent terms and unloading delays, traders said. Russia said on Friday it would supply up to 200,000 tonnes of wheat until December, and a Bangladeshi official said Dhaka was also in talks with Poland for a similar deal.  Click here to read full stories.

Aug 29 - U.S. delays final duties on Canadian lumber to buy time for settlement

U.S. Commerce Secretary Wilbur Ross on Monday announced a 2-1/2 month delay in determining final anti-dumping and anti-subsidy duties on Canadian softwood lumber to buy more time to negotiate a settlement of the trade dispute. The Commerce Department had previously been scheduled to announce final lumber duties on Sept. 6, a step that would have ended the current negotiating process with Canada's government. Ross set a new deadline of no later than Nov. 14. Click here to read full stories.

Aug 29 - Thyssenkrupp wins order to build fertiliser plant in Brunei

Germany's Thyssenkrupp said it has won an order from Brunei to build a fertiliser plant in the southeast Asian state, in a much-needed boost to its struggling industrial solutions division. It did not disclose the value of the contract, awarded by state-run Brunei Fertiliser Industries. Click here to read full stories.

Aug 29 - Asian Palm-Oil Prices Lower, Mirror Broader Weakness in Asia (Dow Jones)
Asian palm oil prices are slightly lower in early trading as concerns about North Korea's most recent missile launch sends jitters through the broader Asia market. However, prices remain close to five-month highs as the market expects data from August to show that production in Malaysia hasn't picked up as hoped, keeping supplies of the world's most used edible oil tight. The Bursa Malaysia benchmark palm-oil contract is trading down 20 ringgit a ton at MYR2,718 a ton.

Aug 29 - Big Pop May Loom for Cotton Depending on Damage (Dow Jones)
Cotton futures could rise much further and "at least briefly" head closer to 80 cents/pound if Tropical Storm Harvey does major damage, says CBA. Futures have rebounded some 5% in recent days, getting back to 70 cents. The bank adds only when Harvey's future path becomes more predictable--it's been meandering around the Texas coast since Friday-- will the market be able to judge the extent of the damage. Folks are "still in state of not wanting to be short, which helps prices," adds CBA.

Aug 29 - Cattle Disease Found on More New Zealand Farms (Dow Jones)
Three more properties in New Zealand have tested positive for the bacterial cattle disease Mycoplasma bovis, doubling the total of farms, according to the country's Ministry for Primary Industries. It notes the find was expected as the additional properties were linked via animal movements to the original 3 farms run by Van Leeuwen Dairy. It also runs 2 of the 3 additional positive tests, and those farms were already under biosecurity restrictions. The 3rd was a small farm which had received some animals from one of the original sites. Still, ASB chief economist Nick Tuffley says the news may be behind a brief dip in the New Zealand dollar this afternoon. Mycoplasma bovis is common internationally, but this is the first time it's been found in New Zealand.

Aug 28 - Daiwa Starts Coverage on Singapore Listed Plantation Companies (Dow Jones)
Daiwa starts coverage on Singapore plantations sector with a neutral rating as it sees headwinds weighing on crude palm oil prices near-term. It forecasts an average CPO price of around US$620 a ton in 2017 and US$600 a ton in 2018. Daiwa sees oversupply risks keeping CPO prices under pressure amid strong production recovery and subdued demand as key consumers China and India face soft economic growth. Moreover, the market is still absorbing record exports of soybean. Soy oil is considered a close substitute for palm oil. Wilmar (F34.SG) is Daiwa's top pick in the sector as it sees the company benefiting from diversified and integrated operations.

Aug 28 - Asian Palm-Oil Tad Higher as Production Worries Persist (Dow Jones)
Asian palm oil prices are slightly higher as the market continues to anticipate data will show that palm-oil production in August has not picked up as had been expected, says Barnabas Gan, an analyst at OCBC Bank. He notes that palm-oil production had been soft early in the year due to ongoing dry weather and was expected to improve significantly in the second half of the year, but indications are that this has not occurred. The Bursa Malaysia benchmark palm-oil contract is trading up 6 ringgit a ton at MYR2,756 a ton.

Aug 28 - India Soybean Production to Fall 17% This Crop Season (Dow Jones)
India will likely produce 17% less soybean crop this summer, hurt by lower sowing area and incidents of crop damage following a long dry spell in the peak planting season. Total area under soybean plantation stood at 10.2 million hectares by mid-August, compared with 10.9 million in the same period last year, according to a survey conducted by the Soybean Processors Association, an industry body. "Extended period of dry spell caused attack of pests and insects in some areas that caused damage to the standing crop," said Davish Jain, the association's president. The Indian government has been encouraging farmers to bring more area under soybean cultivation -- the country's top oilseed -- to reduce dependence on edible oil imports. The government recently raised the import tax on crude and refined edible oils. India imports around 55% of its annual consumption of around 24 million tons.

Aug 28 - Australian Wool Prices off Record Highs as Demand Falls (Dow Jones)
Australian wool prices have come off record highs, "as the market finally hit a price point where the price hurt" near-term demand, says farming body Australian Wool Innovation. It adds that demand from China had also dried up over the week as "buyers approached the sales with extreme caution, and as soon as weakness became the trend, most buyers retreated steadily." The AWEX Eastern Market Indicator, the global wool benchmark, fell A$0.42 a kilogram to A$15.72 a kilogram Friday.

Aug 25 - Argentina reserves right to legal action on U.S. biodiesel duties 

Argentina's government is investigating all options and reserves the right to take legal action over the United States imposing steep duties on imports of its biodiesel, the foreign ministry said in a statement on Thursday. The statement said the imposition of duties above 50 percent, announced on Tuesday, does not correspond to any type of methodology acceptable under the rules of the World Trade Organization (WTO). Click here to read full stories.

Aug 25 - China says will check egg producers for use of fipronil insecticide

Chinese authorities said on Friday they will launch spot checks of egg producers to make sure a toxic chemical known as fipronil is not being used as a cleaning product, in animal drugs or feed after higher than acceptable levels of the insecticide were detected in farms in Europe. The statement, posted on the Food and Drug Administration's public website on Friday, was issued by China's Ministry of Agriculture on Aug. 23. Click here to read full stories.

Aug 25 - As China's appetite for steak grows, Beijing ends its beef with imports

China, the world's top meat market, is loosening longstanding restrictions on beef imports from major suppliers to feed the appetite of the country's growing middle class for steaks and ribs. Over the past few decades, Beijing banned imports of beef from European countries and the United States during outbreaks of mad cow disease. Click here to read full stories.

Aug 25 - Stonehenge: Australia's forgotten farmers 

Stonehenge is dry and has been for too long - seven years too long. You can taste the dust well before you cross the cattle grids that cut the only road into town. More than 1,700 km (1,056 miles) northwest of Sydney, Australia's Stonehenge could not be more different from its famous namesake, the World Heritage prehistoric monument of Stonehenge in England. Click here to read full stories.

Aug 25 - U.S. crop tour fails to boost markets after bearish USDA report 

A tour studying the condition of corn and soybean fields in major U.S. producing states that many people expected would counter the government's massive production outlook has largely confirmed that another huge harvest is on the way. Futures markets were jolted when the U.S. Department of Agriculture (USDA) forecast higher than expected yields for corn and soybeans on Aug. 10, as they had priced in farmers' warnings of less-than-ideal conditions.  Click here to read full stories.

Aug 25 - Brazil beef exports to grow less than expected after food safety issues 

Brazil's beef exports are expected to rise to 1.5 million tonnes in 2017, up 10 percent from a year ago, according to new estimates from consultancy Agroconsult presented on Thursday. Agroconsult initially expected beef exports to rise by 20 percent in 2017 when it began its three-month survey of the industry, analyst Maurício Nogueira said after visiting cattle ranchers and collecting market data in 11 Brazilian states. Click here to read full stories.

Aug 25 - IGC raises global wheat crop forecast, trims corn 

The International Grains Council (IGC) on Thursday raised its forecast for the world wheat crop in 2017/18, largely driven by better than expected harvests in the Black Sea region. The inter-governmental body, in a monthly report, projected the global wheat crop in 2017/18 would total 742 million tonnes, up 10 million from its previous forecast but still below the prior season's 754 million. Click here to read full stories.

Aug 25 - Brazil's Raízen wants to bid for Shree Renuka ethanol mill - sources

Brazil's Raízen Energia SA is interested in bidding for an ethanol mill owned by the Brazilian subsidiary of India's sugar producer Shree Renuka Sugars Ltd, which will be auctioned in early September, two sources with knowledge of the matter said. Raízen, which is a Brazilian joint venture between Cosan SA Industria e Comércio and Royal Dutch Shell, made a late request to join the auction and would have to receive a special authorization from creditors to bid, the sources said, asking to remain anonymous as they are not authorized to discuss the matter publicly. Click here to read full stories.

Aug 25 - Platform Specialty abandons agrochemicals unit sale-sources

Platform Specialty Products Corp has decided to abandon the sale of its agrochemicals business after the offers it attracted failed to meet its valuation expectations of more than $4.5 billion, people familiar with the matter said on Thursday. Shares of Platform Specialty dropped as much as 8 percent on the news, as investors were hoping that a quick sale of the business would have helped pay down much of the company's $5.3 billion long-term debt pile. Click here to read full stories.

Aug 25 - Brazil's farm lobby to demand broader tax renegotiation program

Brazil's powerful agricultural lobby will insist on greater farmer benefits in a tax renegotiation program, the head of the congressional farm caucus told Reuters on Thursday, defying opposition from the Finance Ministry amid a budget crisis. Members of the rural caucus on Wednesday secured key posts on a congressional committee responsible for analyzing the program, created through a decree by President Michel Temer after talks between farmers and policymakers, including Finance Minister Henrique Meirelles. Click here to read full stories.

Aug 25 - SovEcon ups Russia grain export forecast by 400,000 tonnes

The SovEcon agriculture consultancy said on Thursday it had raised its forecast for Russia's 2017/18 grain and wheat exports by a modest 400,000 tonnes to 44 million tonnes and 32.4 million tonnes, respectively. Russia, shaping up to be the world's largest wheat exporter in the 2017/18 marketing year that started on July 1, is widely expected to harvest a grain crop this year that beats last year's record. SovEcon, one of the leading agriculture consultancies in Moscow, raised its forecast for the 2017 grain crop to 127.6 million tonnes from 125.2 million. Click here to read full stories.

Aug 25 - Canada: next few weeks crucial for resolving lumber dispute with U.S.  

Canada said on Thursday the next few weeks would be critical to determine whether it could resolve a lumber dispute with the United States and threatened again that it would start litigation if no deal were struck. The U.S. Commerce Department this year slapped anti-dumping duties on imports of Canadian softwood lumber after U.S. producers alleged much of the wood cut in Canada was subsidized.  The two sides had hoped to settle the matter before talks to renegotiate the North American Free Trade Agreement (NAFTA)opened last week but little progress has been made. Click here to read full stories.

Aug 25 - Asian Palm Oil Lower as Eyes on Export Estimates (Dow Jones)
Asian palm oil prices are slightly lower as the market waits for Malaysia export estimate data for Aug 1-25, which is due out later in the session. Export estimates have been weaker so far this month but prices have remained supported due to concerns about softer production in Southeast Asia. The Bursa Malaysia benchmark palm oil contract is currently trading down 26 ringgit a ton at MYR2,752 a ton.

Aug 25 - Corn, Soybean Yields Seen Lower in Iowa (Dow Jones)
Iowa's corn yields will fall short of recent years, the Farm Journal Midwest Crop Tour projects amid an erratic growing season in the key farm state. The closely watched tour estimated corn yields in Iowa will be 179.8 bushels/acre, down 4.5% from last year and below the state's 3-year average of 182.4. The figure was also a USDA forecast earlier this month of 188. Soybean pod counts in Iowa are also projected to fall significantly, the tour said, estimating 1,093/square yard.

Aug 25 - Crop Tour Sees Higher Corn Yields in Minnesota (Dow Jones)
Farmers in Minnesota will see corn yields shoot higher this year, according to crop scouts on the Farm Journal Midwest Crop Tour. The tour estimated corn yields in Minnesota at 191.54 bushels per acre, 5.1% above last year's figure of 182.32 bushels and higher than the state's 3-year average of 181.32 bushels. The figure also beat the USDA's August projection, which pegged corn yields in the state at 183 bushels per acre. However, Minnesota's soybean pod counts are forecast lower than recent years, the tour said, estimating 1,019.96 pods per three-foot square.

Aug 24 - Asian CPO Rises on Hopes of Lower Production (Dow Jones)
Asian crude palm oil futures ended higher Thursday, touching a 5-month high, supported by expectations of lower production and tracking gains in soy oil prices. All eyes are set on the Aug. 1-25 palm oil export estimates to be released tomorrow by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange traded up 39 ringgit at MYR2,777/ton ($649) at the close of trade.

Aug 24 - Argentina bets on European biodiesel market after U.S. imposes duties 

Argentina is betting on the reopening of the European market to maintain demand for its biodiesel exports after the United States imposed steep duties on imports, the leader of an industry group said on Wednesday. A day earlier Argentine producers said they would halt exports to the United States as a result of the U.S. Commerce Department's decision to slap countervailing duties of up to 64.17 percent on the imports from the South American country. Click here to read full stories.

Aug 24 - China's COFCO considers sale of part of Nidera business - sources 

After paying hundreds of millions of dollars for Dutch-based grains trader Nidera in a three-year takeover completed just months ago, Chinese state-owned food group COFCO is considering sellingpart of the troubled business, according to people familiar with its plans. Aiming to become a stronger global player, COFCO had hoped to combine Nidera with Noble Agri, a unit of Singapore-listed trading house Noble Group, which it also began buying in 2014. Click here to read full stories.

Aug 24 - China 'sorry' about U.S. seeking WTO panel on grain import quota dispute

China felt "sorry" about the United States seeking a WTO dispute panel on China's grain import quotas, a spokesman for the Ministry of Commerce said on Thursday, Beijing's first official response to the U.S. request to the World Trade Organization. "China feels sorry that the United States has given up on continuing negotiations to resolve this case," said spokesman Gao Feng at a presser on Thursday. Click here to read full stories.

Aug 24 - China July ethanol exports jump six-fold on cheap corn

China ethanol exports surged six-fold in July from a year ago as producers took advantage of cheaper corn to boost output following a change in government policy, customs data showed on Wednesday. Exports jumped to 19,814 cubic metres in July from 3,297 a year ago, the highest monthly volume since China ramped up exports at the start of the year, according to data from the General Administration of Customs. Click here to read full stories.

Aug 24 - India's rain deficit widens to 6 pct, raises crop yield concerns 

India's rainfall deficit for the June-September monsoon season has widened to 6 percent as of Wednesday, the highest since the season's start on June 1, data compiled by India Meteorological Department (IMD) showed. Rainfall that is nearly a fifth lower than normal so far in August has raised the deficit and stoked concerns about the production of summer-sown crops such as rice, cotton, oilseeds and pulses. Click here to read full stories.

Aug 24 - Brazil approves quota, 20 pct tax on ethanol imports 

Brazil's government on Wednesday approved taxing ethanol imports for the first time in a move to protect local producers from growing shipments coming from the United States. Brazil's Agriculture Ministry said the country's foreign trade chamber, known as Camex, approved a 20-percent tax on ethanol imports, which would be levied only after a tax-free quota of 600 million liters per year is surpassed. Click here to read full stories.

Aug 24 - Provisional results confirm good quality levels in French wheat

Nearly all of France's soft wheat crop this year will surpass the key 11.5 percent protein level, confirming good quality results expected for this year's harvest in the European Union's top producer, provisional data showed on Wednesday. A first weekly report by farm office FranceAgriMer and technical institute Arvalis showed that 96 percent of the soft wheat harvest tested so far was above 11.5 percent protein, a level used by importers such as Egypt and West Africa, against 92 percent overall last year. Click here to read full stories.

Aug 24 - Illinois corn yield prospects seen declining from 2016 - tour 

Illinois corn yields are projected to fall about 6.6 percent from last year's near-record crop, scouts on an annual tour said on Wednesday after surveying 205 fields across the No. 2 corn producing state. The four-day Farm Journal Midwest Crop Tour estimated yields in Illinois at 180.72 bushels per acre (bpa), below the 193.50 bpa projected by the tour in 2016 and the three-year tour average of 187.37 bpa. The U.S. Department of Agriculture earlier this month estimated the state's average corn yield at 188 bpa, down 4.6 percent from 197 bpa in 2016. Click here to read full stories.

Aug 24 - McDonald's to cut global antibiotic use in chickens 

McDonald's Corp on Wednesday said that it would begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs. McDonald's, in a policy statement, said it is working on antibiotic plans for other meats, dairy cows and laying hens. Click here to read full stories.

Aug 24 - Asia Palm Oil Gets Support From Soybean Prices (Dow Jones)
Asian palm-oil fundamentals remain bearish while volatility in soybean prices will likely play a bigger part in determining short-term palm-oil movements, says Rabobank. "US soybean-production uncertainties have provided support" so far this quarter, the investment bank notes, giving the same to palm oil. Meanwhile, rising spreads between CBOT soyoil and Bursa Malaysia futures makes "palm oil more price-competitive." However, Rabobank also reminds that India's palm-oil import demand is expected to fall short-term on increased import duties and high domestic vegetable-oil supplies. Palm oil is up 0.3% this morning at MYR2,635/ton.

Aug 24 - Basmati Back to Being India's Top Commod Export (Dow Jones)
India's premium basmati rice has regained its position as the country's top export commodity by value. On an annual basis, the long-grain, aromatic variety of rice lost the top spot to buffalo meat 2 years ago following the delay of new orders by Iran, which consumes nearly 1/4 of India's basmati. Iran is back, and as such 2Q basmati exports were up 10% by volume to $1.27 billion. That as buffalo exports edged lower from a year earlier last quarter by tonnage amid a ban on the sale of cattle at Indian markets. India's buffalo shipments totaled $849 million.

Aug 23 - Asian CPO Closes Tad Higher (Dow Jones)
Asian crude palm oil price futures swung between gains and losses to end marginally higher. Prices hit a 5-month high earlier in the day on expectation of lower production this month, but later reversed some of the gains in mid-day trade on a U.S. decision to impose taxes on import of biodiesel from Indonesia and Argentina. "The news had an adverse impact on palm oil prices," notes David Ng, an analyst at Philip Futures in Kuala Lumpur. The November benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange finished up MYR2 at MYR2,739/ton.

Aug 23 - Argentine biodiesel industry says U.S. duties will halt exports 

Argentine biodiesel exports will be priced out of the U.S. market, its leading industry body said, after Washington decided on Tuesday to impose steep duties on imports that it said were unfairly subsidized. The countervailing duties on soy-based Argentina biodiesel could be as much as 64.17 percent, according to a statement from the U.S. Commerce Department. Duties of up to 68.28 percent will be imposed on palm oil biodiesel imports from Indonesia. Click here to read full stories.

Aug 23 - Egypt likely to reject Romanian wheat as prosecutor decides fate - sources

Egypt's public prosecutor is looking likely to reject and re-export a cargo of Romanian wheat shipment purchased by its state grain buyer GASC for containing poppy seeds, a judicial source said on Tuesday. If re-exported, the cargo would be the first GASC wheat purchase to be turned away from an Egyptian port since a French wheat cargo sold by Bunge was rejected for containing the common grain fungus ergot in late 2015. Click here to read full stories.

Aug 23 - EU starts in-depth probe of Bayer, Monsanto deal 

The European Commission has started an in-depth investigation of Bayer's planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. The deal would create the world's largest integrated pesticides and seeds company, the Commission said, adding this limited the number of competitors selling herbicides and seeds in Europe. Click here to read full stories.

Aug 23 - Russia's grain export season extended as huge crop tests infrastructure

The arrival of a record grain crop is expected to severely test Russia's cereal storage and transport infrastructure, pitting its supply against European Union and U.S. origin for the entire 2017/18 marketing year. Russia, shaping up to be the world's largest wheat exporter in the coming 2017/18 marketing year, is seen harvesting between 125-127 million tonnes of grain, unofficial estimates show, beating last year's record.  Click here to read full stories.

Aug 23 - Indiana corn yield seen below 2016, soybean pod count also lower - tour 

Indiana corn yields are projected to be down from last year as excessive rains at times during the spring and summer hindered production in parts of the No. 5 producing state, scouts on an annual tour said on Tuesday. The four-day Farm Journal Midwest Crop Tour estimated corn yields in Indiana at 171.23 bushels per acre (bpa), below the 173.42 bpa estimated in 2016 but above the three-year tour average of 167.13 bpa. The U.S. Department of Agriculture earlier this month estimated the state's average corn yield at 173 bpa, unchanged from 2016. Click here to read full stories.

Aug 23 - New Zealand's a2 Milk logs record profit after making the right bets on China 

New Zealand's a2 Milk Co Ltd said annual profit tripled to record levels on soaring demand for its infant formula products in China and also unveiled a share buyback that propelled its stock, already an investor favourite, higher. A2 is widely viewed as having made the right bets with its China strategy, placing informal "daigou" shopping agents at the centre of its distribution efforts, while some rivals have been caught out by new China's registration laws that caused many in the sector to dump their product. Click here to read full stories.

Aug 23 - JBS to invest $9.5 mln to create Brazil fertilizer unit 

The world's largest meatpacker, JBS SA, said on Tuesday it will invest 30 million reais ($9.53 million) to produce fertilizers in Brazil, a country that currently imports most of the fertilizers used by its farmers. JBS will build a new plant at a location yet to be announced, it said in a statement, adding that the unit should be operational in one year. Click here to read full stories.

Aug 23 - South Africa's bird flu outbreak threatens poultry industry - minister

An outbreak of bird flu in South Africa threatens the country's poultry industry and jobs, Agriculture Minister Senzeni Zokwana said on Tuesday after meeting with poultry industry executives. Zokwana said government would consider importing fertile eggs to help close a supply gap due to the culling of thousands of birds following the outbreak earlier this year that led neighbouring countries to ban imports from South Africa. Click here to read full stories.

Aug 23 - Redpath set to succeed Silbert as head of TrailStone - sources 

John Redpath, a senior partner and head of the liquids agriculture business at global commodities trader TrailStone Group, is set to succeed David Silbert as head of the firm, two sources familiar with the matter said on Tuesday. It was not clear what Redpath's new title will be, the sources said. Redpath joined TrailStone after working as managing director and global head of oil and agriculture trading for Deutsche Bank from 2007 to 2013, according to TrailStone's website. Click here to read full stories.

Aug 22 - Asian CPO Rises on Stronger Competing Oils (Dow Jones)
Asian crude palm oil price futures extended gains Tuesday, drawing strength from competing oils. Higher prices of palm olein on China's Dalian Commodity Exchange, as well as gains in soybean oil on the Chicago Board of Trade provided support. However, the price rise might be short-lived as overall production is expected to rise, according to the Malaysian Palm Oil Board. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange last traded up MYR24 at MYR2,735/ton ($639).

Aug 22 - U.S. seeks WTO dispute panel on China's grain import quotas 

The United States has requested a World Trade Organization panel be set up to investigate Chinese tariff-rate quotas (TRQ) for agricultural products, the WTO said on Monday, setting up a showdown between the two largest economies. The row, which includes tariffs for wheat, rice, and corn, was initiated under the Obama administration which sought consultations on Dec. 15, but now the Trump administration has moved ahead with a formal request. Click here to read full stories.

Aug 22 - Egypt may reject Romanian wheat as trade reforms hang in the balance 

Egypt is considering whether to reject a 63,000 tonne Romanian wheat cargo, reviving fears of a return to tight import restrictions that halted the country's billion dollar grain trade last year. The shipment, purchased by state grain buyer GASC, was found to contain poppy seeds upon arrival at the Red Sea port of Safaga, an agricultural quarantine document seen by Reuters showed on Monday. Click here to read full stories.

Aug 22 - Australia's Murray Goulburn considers interest from an array of suitors

Murray Goulburn Co-operative, Australia's largest milk processor, said on Tuesday it was considering approaches from a broad array of suitors who were interested in acquiring the cooperative as a whole or some of its assets. The interest comes as Murray Goulburn, reeling from an ill-fated Asian expansion, reported its first annual loss since its 2015 listing. Click here to read full stories.

Aug 22 - U.S. farmers confused by Monsanto weed killer's complex instructions 

With Monsanto Co's latest flagship weed killer, dicamba, banned in Arkansas and under review by U.S. regulators over concerns it can drift in the wind, farmers and weed scientists are also complaining that confusing directions on the label make the product hard to use safely. Dicamba, sold under different brand names by BASF and DuPont, can vaporize under certain conditions and the wind can blow it into nearby crops and other plants. The herbicide can damage or even kill crops that have not been genetically engineered to resist it. Click here to read full stories.

Aug 22 - Corn yields found below average in southeastern South Dakota 

Corn yield potential in southeastern South Dakota was below average, with soybean pod counts also low as crops showed signs of stress in the fields, scouts on annual tour found on Monday. Crop scouts on the first day of the Farm Journal Midwest Crop Tour saw signs of excessive moisture early in the growing season that hampered soybean development. Green snap was noted in corn fields. Click here to read full stories.

Aug 22 - U.S. soy ratings seen improved, corn unchanged from week ago - poll

The U.S. Department of Agriculture's weekly crop progress report should show a slight improvement in good-to-excellent ratings for the U.S. soybean crop and no change for corn ratings, according to an average of estimates by 10 analysts polled by Reuters on Monday. The poll forecast the soybean crop would be rated 60 percent good to excellent as of Sunday, up from 59 percent the previous week. Click here to read full stories.

Aug 22 - Russian wheat prices fall, tracking lower global benchmarks 

Russian wheat export prices fell for a third week, tracking a 5 percent decline in U.S. wheat futures last week amid pressure from large supplies in many producing regions, SovEcon agriculture consultancy said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and for the nearest delivery were $190 a tonne on a free-on-board (FOB) basis at the end of last week, down $7 from a week earlier, SovEcon said. Barley prices were flat at $178.5 per tonne. Click here to read full stories.

Aug 22 - German wheat harvest hit by rain, worry about quality loss 

Recent repeated rainfall has delayed Germany's wheat harvest and created concern about late quality loss, possibly reducing export supplies and generating larger than expected volumes of feed wheat, traders and industry officials said on Monday. "We had hoped the wheat harvest would be finished by now but between 40 to 50 percent of the crop in the major north German wheat export regions is still in the fields waiting to be cut," one German trader said. Click here to read full stories.

Aug 22 - EU crop monitor raises 2017 maize yield forecast, wheat unchanged 

The European Union's crop-monitoring service raised its yield forecast for this year's EU maize crop after welcome rainfall in the southeast and left its soft wheat yield estimate unchanged as a cut for Germany was offset by a better outlook for France. In a monthly report released on Monday, the MARS service lifted its projected EU maize yield to 6.93 tonnes per hectare (t/ha) from the 6.83 t/ha seen last month, still 3 percent below last year's level but now slightly above the five-year average. Click here to read full stories.

Aug 22 - BHP says not to seek go-ahead for its Jansen potash project in 2018 

BHP Billiton said it will not be seeking approval for its Jansen potash project in the 2018 calendar year due to uncertain timing on the need for the commodity used as fertilizer. "We will not be seeking board approval for Jansen this year," Chief Financial Officer Peter Beaven told an analyst briefing after the company reported a five-fold lift in annual underlying profit to $6.7 billion in fiscal 2017. Click here to read full stories.

Aug 22 - India puts curbs on import of green gram, black matpe

India has capped imports of green gram and black matpe at 300,000 tonnes, the government said in a notification on Monday, as the prices of the pulses have plunged due to record production. The restriction will help support local prices of both the lentils in the world's biggest importer of the pulses, but will put pressure on producers such as Myanmar, Tanzania, Mozambique and Malawi which rely on exports to India. Click here to read full stories.

Aug 22 - Asian CPO Prices Jump on Production Concerns (Dow Jones)
Asian palm-oil prices hit 5-month highs on worries that Malaysian production might fall in August due to wet conditions, says a Kuala Lumpur-based trader. Output has been expected to bounce back in 2H amid continued recovery from last year's El Nino. The Bursa Malaysia benchmark palm-oil contract is trading up 0.8% at MYR2,733/ton.

Aug 21 - Rising EUR/USD Provides Tailwind to NZ Dairy Exports (Dow Jones)
Unfavorable weather and a 10% rise in the EUR/USD since the start of January is souring Europe's dairy exports, providing an opportunity for New Zealand to claim additional market share. "While US milk supply continues to grow steadily (1.5%-2%) and the lower USD is making exporting more attractive, Europe remains New Zealand's largest direct competitor," ANZ says. New Zealand's Fonterra Cooperative, the world's largest dairy exporter, last month raised lifted its farmgate milk price forecast to NZ$6.75/kg of milk solids, up 25 cents on a prior estimate provided in May.

Aug 21 - Asian CPO Ends Up in Line with Rival Oil (Dow Jones)
Asian crude palm oil futures ended Monday's trading session higher, following gains in competing soy oil prices. The price rebound came despite palm oil exports from Malaysia declining 14.7% on month during the Aug. 1-20 period, according to estimates by cargo surveyor Intertek Agri Services. Another surveyor, SGS (Malaysia) Bhd. estimated exports fell 15.3% on month. "The market might trade carefully in the near-term until demand improves," a Kuala Lumpur-based trader said. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange ended MYR30 ($7) higher at MYR2,711/ton.

Aug 21 - Grain, Soybean Futures Sink After Midwest Rain (Dow Jones)
Grain and soybean futures drop after weekend rainfall in the western Midwest eased concerns about dry crops. More rain is expected to start the week. CFTC data Friday showed money managers turning pessimistic on soybeans, switching from bets that prices would rise to a net short position of 14,399 futures and options. Funds also extended their net short wheat position while paring back their optimistic bets on corn prices. CBOT September corn futures fall 0.9% to $3.48 3/4 a bushel. September soybeans drop 0.7% to $9.31 while September wheat slides 0.2% to $4.15.

Aug 21 - China's COFCO forms U.S. grain supply partnership with Growmark 

China's state-owned COFCO International Ltd (CIL) and U.S. farm cooperative Growmark Inc will partner in a deal that gives China more direct access to the food it imports, the companies said on Friday. The grain supply partnership is the latest expansion move by CIL since it invested $3 billion to buy Noble Group's agribusiness and a large stake in Dutch grain trader Nidera in deals that bolstered its position in the international grain market. Click here to read full stories.

Aug 21 - Record U.S. soy harvest forecast could grow as weather improves

The U.S. Agriculture Department's forecast for a record soybean crop may get even bigger as rains and moderate temperatures across key growing areas shepherd the crop through early stages of its key development period. The recent stretch of good weather in major production states such as Iowa and Illinois has led to improved ratings for the soybean crop, reinforcing the bearish tone the government's outlook put on the market earlier this month. Click here to read full stories.

Aug 21 - Funds flirting with becoming grain, oilseed bears again: Braun 

Money managers are on the verge of turning back into grain and oilseed bears, and the latest culprit is the optimistic U.S. harvest forecast from the U.S. Department of Agriculture. In the week ended Aug. 15, the drop in spec optimism – or increase in pessimism – for Chicago grain and oilseed futures and options was the largest since late March, according to data from the U.S. Commodity Futures Trading Commission.  Click here to read full stories.

Aug 21 - Ranchers in parched U.S. Northern Plains welcome hay lottery 

Hundreds of livestock ranchers in the drought-stricken U.S. Northern Plains are embracing what organizers say is the first lottery designed to provide some much-needed relief to their operations. The prize? Tons and tons of hay. Ranchers in North Dakota, South Dakota and Montana have been suffering through the region's worst drought in 30 years, which has withered grazing fields, causing a severe spike in the cost of hay to feed their animals. Click here to read full stories.

Aug 21 - Russia says may resolve tomato row with Turkey by Oct. 20 -agencies 

Moscow and Ankara may resolve the issue of Turkish tomato exports to Russia by Oct. 20, Russian news agencies cited Russian Energy Minister Alexander Novak as saying on Friday. Moscow will prepare by Sept. 13 its proposals regarding the resumption of Turkish deliveries of tomatoes to Russia, Novak added. Click here to read full stories.

Aug 21 - Heat withers Canadian wheat; canola looks resilient -trade

Hot, dry summer weather across the southern Canadian Prairies is likely to sharply shrink the wheat harvest, but canola output looks more promising, according to a Reuters survey of 17 traders and analysts. All-wheat output is likely to dive 17 percent to 26.2 million tonnes, according to the average estimate, the smallest crop in six years. Click here to read full stories.

Aug 21 - Ukraine starts maize harvesting, ends wheat and barley

Ukraine has started its 2017 maize harvest, threshing the first tonnes of the grain with an average yield of 4.0 tonne, the agriculture ministry said on Friday. The ministry has said farmers planned to harvest around 4.5 million hectares of maize this year. Last year, Ukraine harvested 28 million tonnes of maize. Click here to read full stories.

Aug 21 - Russia continues with privatisations, ends bids for advising on United Grain

Russia's economy ministry is continuing with the sale of state assets despite new U.S. sanctions and this week closed the bidding from banks for advising on the privatisation of United Grain Company (UGC). Under the Russian privatisation plan, aimed at plugging holes in the state budget and approved before new U.S. sanctions were signed by President Donald Trump earlier in August, UGC should be privatised in 2017-2019.  Click here to read full stories.

Aug 21 - Asia Palm Oil Ticks Up Ahead of Export Estimates (Dow Jones)
Asian palm-oil prices are a tad higher ahead of later Monday's Malaysia export estimates. Data earlier in August showed shipments were tracking below July's levels. Meanwhile, supporting palm oil has been ongoing gains in the oilseed complex; canola and soybeans ended last week higher. The Bursa Malaysia benchmark palm-oil contract is up 0.3% at MYR2,688/ton.

Aug 21 - NZX Whole Milk Powder Futures Weaker as Prices Diverge Globally (Dow Jones)
NZX whole milk powder futures prices weakened slightly at the end of last week as the futures market struggles to reconcile divergent prices in different parts of the world, says Tobin Gorey, an analyst at Commonwealth Bank of Australia. He adds that the milk fat premium continues to grow elsewhere, while prices here are not seeing the same benefits. The NZX whole milk powder 3-month contract is currently trading unchanged at US$3,255 a metric ton.

Aug 18 - Asian CPO Ends Up, Recovering All Losses From Start of Week (Dow Jones)
Asian crude palm oil futures gain for a second straight session on Friday, helping reverse all the market declines from earlier in the week. The gains track increases in other edible oils, as well as a rise in crude oil futures, with Nymex last up 0.3%. Traders will be watching for signs of further decreases in Malaysian palm oil exports, with data for the Aug. 1-20 period from cargo surveyors SGS and Intertek due out on Sunday. The Bursa Malaysia palm oil contract for October delivery was up 24 ringgit at MYR2,682 per ton at the close of trade.

Aug 18 - China launches probe into Brazilian broiler chicken imports

China on Friday launched an anti-dumping investigation into imports of Brazilian broiler chicken and products after a complaint from the domestic industry that the South American country has been selling its chicken below market value. Brazil accounted for more than 50 pct of broiler product supplies to China, the world's No. 2 poultry consumer, between 2013 and 2016, a Commerce Ministry statement said on Friday, according to a preliminary review. Click here to read full stories.

Aug 18 - India's refined palm oil imports to fall as duty change makes crude palm cheaper 

India's refined palm oil imports are likely to plunge in the next marketing year, industry officials said, as changes in trade tariffs make imports of crude palm oil cheaper, a boon for refiners previously hit by cheaper imports of rivals' goods. Indonesian and Malaysian refiners, which ramped up capacity to cater to India's demand, are likely to come under pressure due to the decision by India, the world's biggest palm oil importer, to widen the import duty gap between refined, bleached and deodorized (RBD) palm olein and crude palm oil (CPO). Click here to read full stories.

Aug 18 - U.S. soybean export sales build as China buying accelerates 

U.S. soybean export sales have been languishing for much of the summer following a record-shattering Brazilian crop, but demand for U.S. shipments is gathering pace, led by renewed demand from top importer China, traders and analysts said. Export sales last week handily topped trade expectations, surging to the second-highest level so far this year, and sales to China exceeded the previous three weeks' combined, according to U.S. Department of Agriculture data on Thursday.  Click here to read full stories.

Aug 18 - Philippines reports second outbreak of bird flu 

The Philippines has found a second outbreak of bird flu in another province in the main Luzon island, Agriculture Secretary Emmanuel Pinol said on Friday, a week after reporting the country's first case of the poultry disease. The second outbreak was in the Jaen municipality in the province of Nueva Ecija, north of the capital Manila, where Pinol said two cases of avian flu were detected in quails. It was located about 50 kms (30 miles) from the initial outbreak. Click here to read full stories.

Aug 18 - Illinois crops need rain to hit yield forecasts: Braun 

Illinois corn and soybean yields may be in danger of falling short of forecasts, as significant contributions from the weather are still needed in the eastern half of the state. This year, the U.S. Department of Agriculture does not expect Illinois to set new yield records. Last week, the agency pegged the state’s corn and soybean yields at 188 and 58 bushels per acre, respectively. Click here to read full stories.

Aug 18 - Brazil's grain exports from northern ports rise to 24 pct

Brazilian grain farmers are relying on northern ports more than ever to ship a bumper grain crop to global export markets, according to the Agriculture Ministry on Thursday. Whereas Santos is still the main port in Brazil, the so-called Northern Arch ports accounted for almost 24 percent of the country's soybeans and corn exports in the first seven months of the year, the ministry said referring to Itacoatiara, Itaqui, Santarém, Barcarena and Salvador. This compares with less than 20 percent in the comparable months in each of the prior five years. Click here to read full stories.

Aug 18 - South Korea lifts ban on U.S. poultry, egg imports - USDA

South Korea lifted a ban on imports of U.S. poultry and eggs, the U.S. Department of Agriculture said on Thursday, allowing American farmers to resume sales to the Asian country that suffered an egg shortage caused by its worst-ever bird flu outbreak. South Korea was importing more U.S. eggs earlier this year as it fought its own outbreak of bird flu. But in March, the country limited U.S. poultry imports after the first U.S. case of bird flu of the yearwas detected on a commercial chicken farm in Tennessee. Click here to read full stories.

Aug 18 - Argentina agrees to allow first U.S. pork imports in 25 years

Argentina has agreed to allow imports of U.S. pork products for the first time since 1992, the White House said in a statement on Thursday. Argentina had blocked imports of U.S. pork, citing animal health concerns. The United States is the world's top pork exporter, and the agreement opens up a potential $10-million-per-year market for U.S. pork producers, the statement said. Click here to read full stories.

Aug 18 - Louis Dreyfus sells U.S. juice facility to Prodalim

Louis Dreyfus Company has agreed to sell a juice storage and blending facility in the United States to juice specialist Prodalim Group, as the agricultural commodity trader continues to revamp its juice business. Israel-based Prodalim will acquire the site in Winter Garden, Florida, which includes tank farms with capacity of more than 60,000 tonnes and cold storage capacity of over 15,000 tonnes in drums, the privately held companies said in a statement Click here to read full stories.

Aug 18 - Asian CPO Reverses Early Gains (Dow Jones)
Asian crude palm oil futures reverse early gains and are down as the week comes to a close, with the market focus returning to concerns over higher inventories and weaker demand amid global uncertainties. The market got some support yesterday from Malaysia's decision to keep palm oil export taxes at a lower rate for September, but broad worries over CPO's outlook is again dominating trading sentiment. The Bursa Malaysia palm oil contract for October delivery is last trading down 11 ringgit at MYR2,648 per ton.

Aug 18 - South Korea Reopens to US Chicken, USDA Says
The US Agriculture Department trumpets South Korea's move to reopen to imports of US chicken meat and eggs, which have been shut out of the market off and on for the past three years. After a massive avian influenza outbreak that hit US chicken and turkey flocks in 2015, South Korea reopened to US poultry products in July 2016, only to again ban them in March after another case was confirmed in the US. But South Korea's been dealing this year with its own bird-flu outbreak, forcing flocks to be destroyed there, and the USDA says the country will temporarily drop duties for US eggs due to "a shortage of domestic supplies" in South Korea. In 2014, the last full year with no bird-flu related trade restrictions, the USDA says South Korea bought $122M in US poultry products.

Aug 17 - Asian CPO Closes Up, Ending 3 Straight Sessions of Declines (Dow Jones)
Asian crude palm oil prices recovered Thursday from 3 sessions of declines, with prices likely seeing some support from Malaysia's decision to maintain a lower crude palm oil export tax of 5.5% for September, after it lowered the tax this month from 6.5%. The Bursa Malaysia palm oil contract for October delivery was up 21 ringgit at MYR2,658 per ton at the close of trade.

Aug 17 - Brazil farmers run out of space as bumper crops pile up

At a warehouse in the heart of Brazil's agriculture sector, farmer Rafael Bilibio watches truck after truck line up to unload corn onto the ground outside the huge storage bins. His own corn, ready for unloading from a 50-tonne truck that has just pulled in, is destined to join the pile that has reached 65-feet high, as the bins remain stuffed with soybeans collected earlier this year in Mato Grasso state. Click here to read full stories.

Aug 17 - Egypt's GASC says buys 355,000 tonnes of Russian, Ukraine wheat

Egypt's state grain buyer GASC said on Wednesday it has bought 355,000 tonnes of wheat in an international tender. Of the total, GASC bought 295,000 tonnes of Russian wheat and 60,000 tonnes of Ukraine wheat, GASC said. Click here to read full stories.

Aug 17 - China buyers sign deals for 3.8 mln tonnes U.S. soy - trade group 

A delegation of importers from China signed agreements to buy 3.8 million tonnes of U.S. soybeans valued at about $1.56 billion at a ceremony in Omaha, Nebraska, on Tuesday, the U.S. Soybean Export Council said on Wednesday. Five U.S. export companies and 10 Chinese importers signed a total of 11 purchase agreements, the group said. Click here to read full stories.

Aug 17 - India's 2016/17 wheat output seen at record 98.38 mln T - minister

Indian farmers harvested a record 98.38 million tonnes of wheat in the crop year to June, up from 97.44 million tonnes estimated in May, data released by farm ministry showed on Wednesday. India, the world's second-biggest grower of staples such as rice and wheat, produced a record 275.68 million tonnes of grains in the 2016/17 crop year against a forecast of 273.38 million tonnes. Click here to read full stories.

Aug 17 - Bangladesh to cut duty on rice imports to cool local prices

Bangladesh will slash the duty on rice imports to cool high local prices of the staple grain, the country's food minister said on Wednesday, the second cut in less than two months. The import duty on rice will be lowered to 2 percent from 10 percent, Food Minister Kamrul Islam told reporters, down from 28 percent in June. Click here to read full stories.

Aug 17 - China says no risk of contamination from EU egg scare 

China's Agriculture ministry said on Thursday no eggs from Europe have been imported into the country, leaving no risk of contamination from a scare sweeping Europe about the use of a potentially harmful insecticide. In a monthly ministry briefing, Jin Fazhong, deputy director at the agricultural quality and safety inspection bureau said: "There is no risk of eating poisoned eggs in China." Click here to read full stories.

Aug 17 - Argentina 2017-18 corn area seen at record 5.4 mln hectares - exchange 

Argentina's corn planted area for the 2017-18 crop cycle is seen at a record-high 5.4 million hectares (13.3 million acres), up from 5.1 million last season, the Buenos Aires grains exchange said on Wednesday. The increase was due to positive soil moisture levels, the exchange said. Click here to read full stories.

Aug 17 - Philippine troops to help cull thousands of fowl in bird flu battle

The Philippines will deploy hundreds of troops to hasten a cull of about 600,000 fowl, the farm minister said on Wednesday, as part of efforts to rein in the Southeast Asian nation's first outbreak of bird flu. There has been no case of human transmission after the flu was detected on a farm in the province of Pampanga, about 75 km (47 miles) north of the capital Manila, but it has spread to about 36 other farms and nearly 40,000 birds have died.  Click here to read full stories.

Aug 17 - Ticket to rot for fruit stranded without flights in Afghanistan

Afghanistan's plans to fly shipments from southern fruit growers to India have gone awry, leaving tons of grapes and melons to rot as officials scramble to add flights, while trading blame for the delays. The problem illustrates the hurdles Afghanistan faces in rebuilding its strife-torn economy, a crucial step if it is to wean itself off billions of dollars in foreign aid annually. Click here to read full stories.

Aug 17 - Tunisia buys 100,000 tonnes of wheat, passes on barley - traders

Tunisia's state grains agency bought 100,000 tonnes of milling wheat on Wednesday, more than the 92,000 tonnes it had sought in an international tender, European traders said. The agency bought four consignments of 25,000 tonnes, paying $190.99, $193.00, $193.25 and $193.74 per tonne on a cost and freight (C&F) basis, the traders said. Click here to read full stories.

Aug 17 - Asian CPO Recovers Slightly After 3 Days of Declines (Dow Jones)
Asian crude palm oil prices recover slightly early Thursday, following 3 sessions of weakness amid renewed concerns over higher inventories and weaker demand for the edible oil. A marked decline in Malaysia palm oil exports data for the first half of August had earlier hurt trading sentiment. Still, prices are likely getting some support as Malaysia yesterday maintained a lower crude palm oil export tax of 5.5% for September, after it lowered the tax this month from 6.5% in July. The Bursa Malaysia palm oil contract for October delivery is last trading up 4 ringgit at MYR2,641 per ton.

Aug 16 - Grain, Soybean Futures Turn Lower (Dow Jones)
Grain and soybean futures turn lower at the opening, easing off modest gains. Analysts said prices broke through technical support levels on Tuesday, and failed to regain upward momentum overnight. Mostly wet weather is adding to the pressure on prices. CBOT September corn futures fall 0.6% to $3.53 a bushel. September soybeans drop 0.4% to $9.18 1/2 while September wheat slide 0.8% to $4.26. Spring wheat hold onto overnight gains.

Aug 16 - Asian CPO End Down For 3rd Straight Session (Dow Jones)
Asian crude palm oil prices ended down for a third straight session Wednesday, as a steeper decline in palm oil exports data out of Malaysia for the first half of the month spooked investors, who are already concerned with higher inventories and reduced demand for the edible oil. Nonetheless, the price declines narrowed late in the session amid some bargain buying. Still, CPO prices are down around 2% since the end of last week. The Bursa Malaysia palm oil contract for October delivery was down 13 ringgit at MYR2,633 per ton at the close of trade.

Aug 16 - JBS seeks U.S. unit IPO as Brazil presses for CEO's ouster 

JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world's No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, Chief Executive Officer Wesley Batista said JBS Foods International Inc could be listed by the end of next year, once parent JBS finalizes 6 billion reais ($1.9 billion) in asset sales to cut debt and restore investor confidence. Click here to read full stories.

Aug 16 - Argentina corn area to reach second consecutive record 

Argentina's corn area will expand to a record of more than 5 million hectares in the 2017/18 season, which starts planting in September, thanks to favorable climate conditions and attractive margins, analysts said on Tuesday. They said area planted would likely grow between 5 percent and 10 percent from a year ago. Corn planting has been on the rise since last year, after President Mauricio Macri's governments eliminated export taxes and restrictions. Click here to read full stories.

Aug 16 - Value of Brazil agricultural output rises on productivity gains 

The gross value of Brazil's agricultural production rose in July from the year-ago month due to a boost in farming sector productivity and a large grain crop, the Agriculture Ministry said in a statement on Tuesday. The gross value stood at 535.4 billion reais ($168.73 billion) in the period, a 4.5 percent increase. Click here to read full stories.

Aug 16 - NOPA monthly crush rises to 144.718 mln bushels in July 

U.S. soybean processors ramped up their pace of crushing during July, the National Oilseed Processors Association said on Tuesday. NOPA said that its members crushed 144.718 million bushels during July, the second biggest July total on record and up from 138.074 million bushels in June. A year ago, the July crush was 143.715 million bushels. Click here to read full stories.

Aug 16 - British wheat imports climb in June, outpace exports 

Britain's wheat imports rose in June to the highest monthly level in the 2016/17 season, far outpacing exports, customs data showed on Tuesday. Imports in June climbed to 251,540 tonnes, bringing the total for the 2016/17 season (July/June) to 1.92 million tonnes, up from 1.50 million in 2015/16. Click here to read full stories.

Aug 16 - Export price of Norwegian salmon fell to NOK 59.53 last week -statistics agency

The export price of fresh farmed Norwegian salmonfell to 59.53 Norwegian crowns ($7.49) per kilo last week, down from 60.55 crowns in the previous week, Statistics Norway said on Wednesday. Volumes exported increased to 17,373 tonnes from 16,311 tonnes over the same period, it added. Click here to read full stories.

Aug 16 - Asian CPO Down for 3rd Straight Session on Weaker Exports (Dow Jones)
Asian crude palm oil prices are down for a third straight session Wednesday, amid disappointing Malaysia palm oil exports data. Cargo surveyor Intertek Agri Services yesterday estimated a 14.6% on-month fall in exports in the August 1-15 period, while SGS Malaysia saw a 12.8% contraction. The numbers reflect a steeper decline in exports, and are fuelling investor concerns over higher inventories and reduced demand in the edible oil going into the final months of the year. The Bursa Malaysia palm oil contract for October delivery is last trading down 32 ringgit at MYR2,601 per ton.

Aug 15 - 'Group think' on U.S. corn, soy yields let market watchers down: Braun 

Farmers, traders, and analysts alike were left shocked after the U.S. Department of Agriculture published its optimistic corn and soybean yields last week, though the market’s narrow expectations going into Thursday’s report may carry some of the blame. Analysts were looking for USDA to lower the U.S. corn yield to 166.2 bushels per acre (bpa) from the long-term trend of 170.7 bpa. They also predicted a decline in soybean yield to 47.5 bpa from the trend of 48 bpa. Click here to read full stories.

Aug 15 - Brazil poised to break soybean export record on bumper crop 

Brazilian soybean exports so far this year have exceeded volumes for the full year of 2016 as the country harvests a bumper crop, according to preliminary data from the Development Ministry. Up until the second week of August, Brazil, the world's largest exporter of the oilseeds, had sold 53.37 million tonnes, almost 3.5 percent above exports for the whole of last year, according to government data. Click here to read full stories.

Aug 15 - Speculator enthusiasm waning for grains, oilseeds: Braun

Despite some analyst predictions, speculators were not confident in a bullish scenario for corn and soybeans ahead of last week’s reports from the U.S. Department of Agriculture, but they were uncertain enough to refrain from heavy selling. Last Thursday, USDA updated its monthly supply, demand, and production outlooks, which included agency’s first objective assessment of U.S. corn and soybean yields. Click here to read full stories.

Aug 15 - Brazil's JBS misses estimates as financial expenses soar 

JBS SA, the world's largest meatpacker, on Monday reported second-quarter income that missed estimates as a spike in net financial expenses and its struggling South American operations weighed on results. JBS reported quarterly net income of 309.8 million reais ($97.16 million), below a consensus estimate of 603 million reais and an 80 percent drop from the same quarter a year ago. Click here to read full stories.

Aug 15 - Tougher than steel: Japan looks to wood pulp to make lighter auto parts 

The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel - wood. Japanese researchers and auto component makers say a material made from wood pulp weighs just one fifth of steel and can be five times stronger. Click here to read full stories.

Aug 15 - Austria finds some egg products contaminated with insecticide

Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, Austria's food safety agency said on Monday, adding to the list of countries affected by an international health scare. Millions of chicken eggs have been pulled from European supermarket shelves as a result of the scare over the use of the insecticide fipronil, and hundreds of thousands of hens may be culled in the Netherlands.  Click here to read full stories.

Aug 15 - China sets details for newly approved cotton yarn contract

China's securities watchdog has approved the new cotton yarn contract to be traded at the Zhengzhou Commodities Exchange, according to an exchange statement issued on Monday. Contract starts trading on Aug. 18, with daytime bidding starting around 0855-0900 am. Night trading starts on the same day at 0900-1130 pm. Click here to read full stories.

Aug 15 - Philippines Q2 agriculture output up 6.2 pct y/y

The Philippines' agricultural output rose 6.18 percent in the second quarter compared with a year ago, outpacing growth in the first quarter, as good weather helped boost crop harvests, including rice and corn, the statistics agency said on Tuesday. Crop output, accounting for half of total production, grew 11.72 percent, with paddy rice also up 11.72 percent to 4.15 million tonnes. Poultry output was up 8.36 percent, helping to offset declines in livestock and fisheries, where output fell 1.38 percent and 2.93 percent respectively. Click here to read full stories.

Aug 15 - Asian CPO Down in Early Trade on Demand Concerns (Dow Jones)
Asian crude palm oil price futures are down further early Tuesday, amid concerns of higher palm oil stocks and decreased demand later on in the year. OCBC Treasury Research says it remains bearish on CPO prices, forecasting the year-end CPO price at around 2,250 ringgit per ton. The Bursa Malaysia palm oil contract for October delivery is last trading down MYR5 at MYR2,660 per ton.

Aug 14 - Dairy Auction Seen Underscoring Positive NZD Story (Dow Jones)
The Kiwi is in a holding pattern nearer the bottom of its 5-day range, but conversely near the top of the trend down-channel. Should it indeed be in a downtrend? ANZ isn't convinced given the USD's woes, but a spirited break through resistance at 0.7250 would be a bearish sign, the firm says. "New Zealand's story is pretty good, and we expect tomorrow's GDT auction to underscore that, with prices up around 3%."

Aug 14 - Asian CPO Ends Down on New India Edible Oil Import Taxes (Dow Jones)
Asian crude palm oil price futures end Monday's session lower, in part due to concerns of decreased regional demand after India, as one of the world's biggest buyers of vegetable oils, late Friday raised import taxes on crude and refined edible oils to protect local farmers. Sentiment was also hit after data showed a marked increase in Malaysian palm oil production and inventories for the month of July. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 19 ringgit at MYR2,663 per ton at the close of trade.

Aug 14 - Grains Open Lower After Generous USDA Forecasts (Dow Jones)
Wheat is down 1.42% at $4.33 a bushel, corn is down 1.27% a bushel, and soybeans are down 0.93% at $9.36 a bushel. Investors continue to react to the United States Department of Agriculture's World Agricultural Supply and Demand Estimates (WASDE) last Thursday. In the report, the USDA raised its forecast for global wheat surplus from 2.5 million tons to over 6 million tons. That was largely driven driven by a 5.5 million ton increase to its Russian and broader Eastern European production expectations. The USDA also increased its soybean forecast and made a smaller-than-expected cut to its corn forecast, according to various traders. "All of this news has a similar effect," Commerzbank says in a note, with all three commodities "beginning the week as they ended last week: down."

Aug 14 - China commodities trader COFCO shakes up European operations - sources 

Chinese food commodities trader COFCO International is restructuring operations in Europe which will involve relocation and job cuts, as the state owned firm continues to integrate businesses it bought three years ago, sources say. COFCO group, which owns trading arm COFCO International, agreed in 2014 to acquire Rotterdam-headquartered grain trader Nidera and the agribusiness of Singapore-listed Noble Group for more than $3 billion, but has struggled to integrate them. Click here to read full stories.

Aug 14 - China's soybean crushers get reprieve as port chaos starts to clear

Chaos that swept China's soybean market in recent weeks as lossmaking crushers flipped cargoes and closed plants appears to have eased by Friday, allaying fears of widespread contract defaults like those that shook the world's top consumer in 2014. Three ships carrying soybeans that had been sitting anchored off the major port of Rizhao for weeks left the region, crush margins were positive for only the second time since February, and traders said they had not heard of other resales. Click here to read full stories.

Aug 14 - French wheat exporters may benefit as rain hits German crop

France could win more wheat export business in coming months after a good crop and as late rain damages the quality of the German harvest. "It looks like the quality of EU crops will vary greatly this summer with excellent results in France but poorer quality than hoped in Germany and Britain," one German trader said. Click here to read full stories.

Aug 14 - Brazil launches first corn-only ethanol plant, hopes for more 

With a record corn crop in the silos and Brazil's president on hand, FS Bioenergia on Friday inaugurated the country's first ethanol plant processing only corn in the heartland of the South American grains powerhouse. President Michel Temer was joined at the inauguration by Agriculture Minister Blairo Maggi, who pledged the government's support for corn-based ethanol - an innovation in a country that has long made ethanol more efficiently from sugarcane. Click here to read full stories.

Aug 14 - Russian analysts lift 2017 wheat crop forecasts sharply 

Leading Russian agriculture consultancies SovEcon and IKAR raised their estimates of Russia's 2017 wheat crop sharply to record highs on Friday on strengthening yields of the incoming crop. Russia, which competes with the United States and the European Union for the title of the world's top wheat exporter, had been expected to see another bumper crop after a record harvest in 2016 due to favourable weather. Click here to read full stories.

Aug 14 - Bangladesh may struggle to buy much-needed wheat - traders

Bangladesh has a major wheat import requirement after floods damaged this year's crops, but global importers are reluctant to sell to the country due to tough state purchasing conditions and slow unloading in ports, traders say. The country started increasing imports after floods in April damaged crops, with volumes seen swelling to 6.5 million tonnes in the year to June 2018.  Click here to read full stories.

Aug 14 - Philippines warns against killing of migratory birds amid avian flu outbreak

Philippines on Sunday warned citizens not to kill or poach migratory birds that usually fly in from China, the possible source of a virus that triggered the Southeast Asian nation's first outbreak of avian flu, to avoid worsening the situation. There has been no case of human transmission but the virus prompted a cull of 200,000 fowl last week after it was detected on a farm in the province of Pampanga, north of the capital Manila, and spread to five neighbouring farms. Click here to read full stories.

Aug 14 - Asian CPO Pares Declines in Morning Trade; Production Decrease Eyed (Dow Jones)
Asian crude palm oil price futures pare early declines on Monday, as investors continue to eye a decrease in production this month following marked increases in July. Last week, data released by the Malaysian Palm Oil Board yesterday showed a 21% rise in production and 17% rise in inventories for the month of July, and contributed to a volatile session on Friday. The Bursa Malaysia palm oil contract for October delivery was last at 2,679 ringgit per ton, down 0.1%, narrowing from declines this morning of 0.4%.

Aug 14 - Indian Veggie Costs Jump, Backing RBI's Cautious Stance (Dow Jones)
A sharp bounce in vegetable prices drove India's wholesale inflation higher last month, backing the central bank's view that recent levels wouldn't be sustainable. Wholesale inflation was 1.9% in July versus a year earlier, compared with June's 0.9%. That as food prices surged 22% on-year and 49% from June. If the move persists, the Reserve Bank of India may be proven right that price pressures will intensify the rest of this year, justifying its decision to go slow on rate cuts.

Aug 14 - India Makes Another Move on Palm-Oil Import Duties (Dow Jones)
India's latest import duty hike of 7.5-10% on palm-oil products isn't a good demand development as the country is the largest palm-oil consumer with 15% of the global market, says Maybank. It adds Indian demand may slow in coming weeks as importers are said to have bought ahead of the tax move. Maybank sees palm-oil prices averaging MYR2,400/ton this year, 10% below last year's.

Aug 11 - Asian CPO Ends Higher As Output Concerns Ease (Dow Jones)
Asian crude palm oil futures end higher in volatile trading Friday amid hopes of production easing this month. Prices are expected to trade in a range between MYR2,600/ton and MYR2,720/ton, says David Ng of Philip Futures in Kuala Lumpur. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up MYR21 at MYR2,684/ton ($625) at the close of trade.

Aug 11 - WASDE Bearishness Surpasses Rabobank Expectations (Rabobank Dow Jones)
The U.S. Department of Agriculture's August World Agricultural Supply and Demand Estimates Report is bearish for grains and oilseeds, with "higher-than-anticipated U.S. production and therefore ending stocks likely to weigh heavily on prices," according to Rabobank in a morning note. While the USDA upped its forecast for soybean production, it cut its corn forecast, but not enough, Rabobank says. "We view a 2017/18 U.S. corn yield forecat of 169.5bpa as too high," the bank says. On top of that, a huge Russian crop means global wheat ending stocks will "surpass all expectations" as well. Wheat is up 0.51% at $4.41 a bushel, corn is up 0.27% at $3.72 a bushel, and soybeans are down 0.11% at $9.39 a bushel. EU wheat is flat at $167.50 a ton.

Aug 11 - USDA sees bumper U.S. corn, soy harvests despite weather woes

The U.S. 2017 corn and soybean harvests will be bigger than expected despite a slow start to planting and concerns that hot and dry conditions stressed the corn crop during critical periods of development, the government said on Thursday. The U.S. Department of Agriculture's forecasts for both corn and soybean yield and production topped the high end of market forecasts, with the soybean outlook estimated at record highs. Click here to read full stories.

Aug 11 - Egypt cotton exports up nearly 20 pct as historic crop restored

Exports of Egypt's prized cotton will hit 38,000 tonnes in the 2016-17 season ending this month, up 19 percent on last year's total, the head of a cotton exporting council told Reuters, as Egypt looks to win back market share lost after a 2011 uprising. Production of Egyptian long-staple cotton, famously used for luxury linens, has fallen sharply since political upheaval six years ago led to less enforcement of regulations, degrading the crop's quality.  Click here to read full stories.

Aug 11 - Hong Kong scoops up 158 tonnes of palm oil; may reopen some beaches

Hong Kong may reopen some of its 13 beaches closed since last Sunday following a palm oil spill, after authorities collected more than 150 tonnes of acrid-smelling clumps in one of the Chinese territory's worst environmental disasters. The spill last week after two vessels collided in the Pearl River estuary left white globs of jelly-like palm oil in the water and strewn across beaches, along with dead fish, rocks, shells and rubbish smothered in the oil. Click here to read full stories.

Aug 11 - China soybean crushers suspend operations amid high soymeal stocks -news portal

Soybean crushers in China's Shandong province have suspended some operations due to port delays that are holding up import cargoes of the oilseed, and amid pressure from high soymeal stocks, industry portal Cofeed reported on Thursday. The cuts, though short term and with some plants already restarted, boosted soymeal prices and crushing margins, easing pressure on the market from a growing glut of meal. Click here to read full stories.

Aug 11 - Philippines reports first avian flu outbreak, to cull 400,000 birds

The Philippines plans to cull 400,000 chickens, quails and ducks after confirming the country's first outbreak of bird flu, Agriculture Secretary Emmanuel Pinol on Friday. The avian flu outbreak was detected in a farm in a town in Pampanga province, north of the capital Manila, which later spread to neighbouring farms. There has been no case of human transmission so far, Pinol told reporters. Click here to read full stories.

Aug 11 - Dutch police make arrests in contaminated eggs case

Dutch police arrested two suspects on Thursday as part of an investigation into the illegal use of a potentially harmful insecticide in the poultry industry, the Dutch prosecution service said. Millions of chicken eggs have been pulled from European supermarket shelves as a result of the scare over the use of the insecticide fipronil, and hundreds of thousands of hens may be culled in the Netherlands.  Click here to read full stories.

Aug 11 - Brazil raises 2016/17 soybean output forecast to 114 mln T

Conab, Brazil's agricultural statistics and food supply agency, on Thursday raised its estimate for the country's 2016/17 soybean crop to 114 million tonnes from 113.92 million tonnes in July, citing an increase in planted area. The agency also reviewed its total corn estimate for the current season to 97.2 million tonnes from 96 million tonnes last month, also mentioning an increase in planted area. Click here to read full stories.

Aug 11 - Brazil's BRF reports Q2 net loss of 167 mln reais on food scandal fallout

Brazil's food processor BRF SA on Thursday reported a wider-than-expected net loss of 167 million reais ($52.60 million) in the second quarter, as it continued to reel from the effects of a food safety scandal, it said in a securities filing. The result marks a reversal of a 31 million reais profit from a year ago and is the third consecutive quarterly loss posted by the company. Click here to read full stories.

Aug 11 - EU Commissioner calls for eggs summit after contamination scare

The European Commissioner charged with food safety has called for a meeting of ministers and national watchdogs to discuss the fallout of an eggs contamination scare that has led to finger pointing between several European Union members. Tensions have risen between agricultural ministers in Belgium, the Netherlands and Germany after traces of moderately toxic insecticide fipronil were found in batches of eggs, linked by authorities to a Dutch supplier of cleaning products. Click here to read full stories.

Aug 11 - Asian CPO Opens Weaker on Investor Pessimism (Dow Jones)
Asian crude palm oil price futures open lower Friday amid weak investor sentiment on worries of over production and rising palm oil stocks. Data released by the Malaysian Palm Oil Board yesterday showed a 21% rise in production and 17% rise in inventories for the month of July. Traders say an expected fall in production this month could help buoy sentiment. The Bursa Malaysia palm oil contract for October delivery opened at MYR2,636 per ton, and is currently trading down MYR31 at MYR2,632/ton.

Aug 10 - China soybean crushers suspend operations amid high soymeal stocks - news portal 

Soybean crushers in China's Shandong province have suspended some operations due to port delays that are holding up import cargoes of the oilseed, and amid pressure from high soymeal stocks, industry portal Cofeed reported on Thursday. The cuts, though short term and with some plants already restarted, boosted soymeal prices and crushing margins, easing pressure on the market from a growing glut of meal. Click here to read full stories.

Aug 10 - China buyers resell soybeans as crushers lose cash, glut grows - traders 

Two major Chinese soybean buyers have resold more than 500,000 tonnes of product in recent weeks, sources familiar with the deals said, amid growing concerns about losses among crushers and congestion at a major port in the world's top oilseed buyer. The resales appear to be isolated, but they stir worries about possible contract defaults as crushers incur big losses due to a supply glut and a logjam in the port of Rizhao, China's major crushing hub in eastern Shandong province. Click here to read full stories.

Aug 10 - China July soybean imports hit highest on record as ports clear logjams 

China's July soybean imports surged 30 percent to their highest level on records back to 2010, according to Reuters calculations based on customs data, as ports in the world's top oilseed consumer rushed to clear a months-long backlog of cargoes. July imports hit 10.08 million tonnes, topping the earlier highest level set in May at 9.59 million tonnes, and were up 31 percent from 7.69 million tonnes in June. Click here to read full stories.

Aug 10 - India rice shipments slow as stronger rupee lifts export prices 

India's non-basmati rice exports are likely to slow over the next few months as its shipments of the grain have become too expensive on the world market due to a rally in the rupee and an increase in local paddy prices. Lower shipments from the world's biggest rice exporter will give rivals Vietnam, Thailand and Cambodia a chance to raise their share of the global market. Click here to read full stories.

Aug 10 - Tech-savvy farmers a new hope for Japan's shrinking agriculture sector

A new breed of younger, business- and tech-savvy farmers are transforming Japan's shrinking agriculture sector with cutting edge techniques and marketing strategies, giving new hope to an industry in slow decline. Hiroki Iwasa, a 40-year-old IT entrepreneur with an MBA, grows strawberries in seven high-tech greenhouses where computers set the temperature and humidity to optimum growing conditions and ensure the rows of bushes are sprayed with water at precise times. Click here to read full stories.

Aug 10 - USDA may lowball U.S. soybean yield on Thursday: Braun

By the time the U.S. Department of Agriculture (USDA) publishes its U.S. soybean yield estimate on Thursday, the figure might already be stale based on the recent improvement in conditions. USDA will publish its first objective yield estimates for 2017-18 U.S. corn and soybeans in its crop production report on Thursday at noon EDT (1600 GMT).  Click here to read full stories.

Aug 10 - Forbidden fruit: Indonesia palm oil plantations boost security to stop thieves

Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap. Palm prices have jumped over 15 percent in the last few months, boosting the temptation for individuals or small-scale criminal gangs to steal fruit to sell to middlemen in the world's biggest producer of the tropical oil. Click here to read full stories.

Aug 10 - Argentine farmers increase corn investment despite election worry

Argentine farmers will increase investments in the next corn planting seasondespite fears about a political comeback for former President Cristina Fernandez, who implemented export taxes and restrictions despised by the sector, leaders of industry groups told Reuters. Several polls show Fernandez in the lead for a Senate seat in politically crucial Buenos Aires province in October's legislative election, which could determine the future of President Mauricio Macri's free-market agenda. A primary vote will take place on Sunday. Click here to read full stories.

Aug 10 - Agrium quarterly profit, revenue narrowly beat estimates

Canadian fertilizer maker Agrium Inc on Wednesday reported quarterly profit and revenue that edged past analysts' estimates, helped by higher selling prices for potash. Agrium sold 714,000 tons of wholesale potash in the second quarter ended June 30 at an average price of $210 per ton, compared with 697,000 tons at $194 per ton a year earlier. Click here to read full stories.

Aug 10 - Belgian minister blames Dutch for delays in egg safety scare

Belgian officials waited a month for information from Dutch counterparts after finding traces of an insecticide in eggs, Belgium's farm minister said on Wednesday, adding that the Netherlands had known about contamination since last November. Contamination with the insecticide fipronil has led retailers in several European countries to pull millions of eggs from supermarket shelves, as the scare over its potentially harmful consequences to humans spread. Click here to read full stories.

Aug 10 - Santander Brasil bets on agricultural loans in race for market share

Banco Santander Brasil will take advantage of declining interest rates and government subsidy-reduction efforts to boost loans to agribusiness, which is enjoying fast growth bolstered by record harvests, Chief Executive Officer Sérgio Rial told the Reuters Latin America Investment Summit. Agribusiness - encompassing agriculture, cattle ranching and food processing - accounts for about 20 percent of Brazil's gross domestic product and employs almost 16 percent of its workforce. Click here to read full stories.

Aug 09 - Grains Markets Steady Pre-WASDE; Low Buying Volumes (Dow Jones)
Traders are treading water before the Thursday release of the US Department of Agriculture's World Agricultural Supply and Demand Estimates Report. Corn is up 0.1% at $3.84 a bushel, wheat is up 0.2% at $4.58 a bushel, and soybeans are 0.1% lower at $9.72 a bushel. A 1% drop in corn conditions in the USDA's most recent assessment appears to be balancing the EU's new EUR5.16 tariff on corn imports, and the Brazilian government's 20% ethanol import duty. Jordan has to buy 50,000 tons of wheat in a tender--no mean feat after succeeding in only two of its previous eight attempts. Other than that, the US market "continues to see very low volume of new crop soybean and corn sales," Societe Generale says in a note, highlighting the recent drop in commodity values.

Aug 09 - Asian CPO Ends Tad Up Amid Cautious Trading (Dow Jones)
Asian crude palm oil futures ended slightly higher amid thin trading volumes. "The market remained cautious ahead of key crop report due tomorrow," notes David Ng of Philip Futures in Kuala Lumpur. All eyes are set on the industry data to be released by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. for Malaysian exports during Aug. 1-10, while the Malaysian Palm Oil Board will share inventory, production and export figures for July. The October benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange finished MYR1 higher at MYR2,630/ton ($613).

Aug 09 - Scant oversight, corporate secrecy preceded U.S. weed killer crisis

As the U.S. growing season entered its peak this summer, farmers began posting startling pictures on social media: fields of beans, peach orchards and vegetable gardens withering away. The photographs served as early warnings of a crisis that has damaged millions of acres of farmland. New versions of the herbicide dicamba developed by Monsanto and BASF, according to farmers, have drifted across fields to crops unable to withstand it, a charge authorities are investigating. Click here to read full stories.

Aug 09 - EU reintroduces maize import tariff with 5.16 euros/tonne levy

The European Union has introduced an import tariff on maize for the first time in nearly three years in view of low prices linked to swelling global supplies of the cereal used in livestock feed, the EU's executive said. The EU will apply from Tuesday a levy of 5.16 euros ($6.10) per tonne on imported maize as well as rye and sorghum, the European Commission said. Click here to read full stories.

Aug 09 - Good quality French wheat crop showing high protein - FranceAgriMer

France's 2017 wheat crop was showing very good protein content while other quality specifications appeared adequate to meet market needs despite the impact of late rain, public farming agencyFranceAgriMer said on Tuesday. "In terms of quality, the protein content of soft wheat is very satisfactory, even in fields showing very high yields," FranceAgriMer said in a joint harvest report with crop institutes Arvalis and Terres Inovia. Click here to read full stories.

Aug 09 - India rice shipments slow as stronger rupee lifts export prices

India's non-basmati rice exports are likely to slow over the next few months as its shipments of the grain have become too expensive on the world market due to a rally in the rupee and an increase in local paddy prices. Lower shipments from the world's biggest rice exporter will give rivals Vietnam, Thailand and Cambodia a chance to raise their share of the global market. Click here to read full stories.

Aug 09 - Hong Kong cleans up 93 tonnes of palm oil, shuts 13 beaches after huge spill

Hong Kong has scooped up over 90 tonnes of palm oil and closed more than a dozen beaches after a ship spill washed foul-smelling, Styrofoam-like clumps ashore, the latest major environmental disaster to blight the territory's waters. Dead fish, shells, rocks, plastic bottles and other rubbish could still be found coated with globules of palm oil on beaches across the Chinese-controlled territory on Wednesday, six days after two vessels collided in the Pearl River estuary. Click here to read full stories.

Aug 09 - Egypt aims to reverse bans on agricultural exports

Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries to peppers have been hit by temporary bans in Saudi Arabia and the United Arab Emirates on concerns over pesticides residues. Sudan introduced a blanket ban in May on agricultural products from Egypt.  Click here to read full stories.

Aug 09 - Contamination of eggs "criminal" - German agricultural minister

Germany's agriculture minister said on Tuesday that the contamination of millions of eggs with a potentially harmful insecticide was "criminal", as authorities in several European countries continued to investigate the food safety scare. Retailers in several European countries have pulled millions of eggs from supermarket shelves as the scare over the use of the insecticide fipronil widened. Millions of hens may need to be culled in the Netherlands.  Click here to read full stories.

Aug 09 - U.S. lawmakers seek missing information in review of Monsanto weedkiller

 The chairman of a congressional committee has asked the U.S. National Institutes of Health (NIH) to explain why its National Cancer Institute (NCI) failed to publish data that showed no links betweenglyphosate and cancer. In a Tuesday letter seen by Reuters, U.S. Representative Trey Gowdy, who chairs the House Committee on Government and Oversight Reform (OGR), said he "is concerned about the new revelations" and is "seeking more information" about why the exculpatory results were not published by the NCI. Click here to read full stories.

Aug 09 - Asian Palm Oil Edges Up as Oilseed Prices Rise (Dow Jones)
Asian palm-oil prices are slightly higher, supported by ongoing strength in US oilseeds. But investors are likely to be largely on the sidelines ahead of Thursday's Malaysia palm oil board data. The market will be looking to see whether production has improved and whether supplies are rising. The Bursa Malaysia benchmark palm-oil contract is up 0.2% at MYR2,635/ton.

Aug 08 - Asian Palm Oil May Get Support From Soybeans (Dow Jones)
Asian palm oil prices are likely to see some support from ongoing strength in soybeans, which are above normal levels for this time of year due to concerns about weather in the US Midwest. That as market focus locally is on Thursday's release of Malaysia Palm Oil Board.

Aug 08 - Chinese Rice Supplies an Eventual Price Risk (Dow Jones)
The fast rise in China's rice supplies due to its minimum-price and stockpiling policy poses downside risks to prices--but not for 2-3 years, says BMI Research. It adds the policy is leading to similar issues--namely local oversupply, rising imports and mounting stockpiles--but authorities have pledged to maintain generous support to rice and wheat producers in order to remain self-sufficient in those key staples. "These imbalances will eventually force the government to act on its large stocks and [it] may look to limit rice imports or to release local stocks on the domestic market."

Aug 08 - China buyers resell soybeans as crushers lose cash, glut grows - traders

Two major Chinese soybean buyers have resold more than 500,000 tonnes of product in recent weeks, sources familiar with the deals said, amid growing concerns about losses among crushers and congestion at a major port in the world's top oilseed buyer. The resales appear to be isolated, but they stir worries about possible contract defaults as crushers incur big losses due to a supply glut and a logjam in the port of Rizhao, China's major crushing hub in eastern Shandong province. Click here to read full stories.

Aug 08 - Tyson posts better-than-expected profit, bets on chicken

Tyson Foods Inc  reported stronger-than-expected quarterly results on Monday, sending its shares up 5 percent, and said it would ramp up chicken production in the face of record demand from U.S. consumers. Tyson said it spent more money on advertising and marketing for chicken in the third quarter ended on July 1, bringing down operating income for that segment. Click here to read full stories.

Aug 08 - China July soybean imports hit highest on record as ports clear logjams

China's July soybean imports surged 30 percent to their highest level on records back to 2010, according to Reuters calculations based on customs data, as ports in the world's top oilseed consumer rushed to clear a months-long backlog of cargoes. July imports hit 10.08 million tonnes, topping the earlier highest level set in May at 9.59 million tonnes, and were up 31 percent from 7.69 million tonnes in June. Click here to read full stories.

Aug 08 - France lifts wheat crop estimate, sees bigger maize crop

France's farm ministry has raised its estimate of the country's 2017 soft wheat crop,confirming a rebound from last year's poor harvest, and projected bigger maize production this year after rain this summer helped crops. France, the European Union's largest grain grower, is now expected to produce 36.8 million tonnes of soft wheat, up from 36.2 million expected a month ago and a third higher than last year's weather-hit crop of just 27.6 million, the ministry said in a report on Monday. Click here to read full stories.

Aug 08 - Dutch may need to cull millions of hens after insecticide found in eggs

Millions of hens may need to be culled in the Netherlands after traces of a potentially harmful insecticide were found in eggs, a Dutch farming group said, ratcheting up the strain on a sector still reeling from a bird flu outbreak. Retailers in several European countries have pulled millions of eggs from supermarket shelves as the scare over the use of insecticide fipronil widened, though Dutch industry group LTO said consumers were no longer at risk. Click here to read full stories.

Aug 08 - Russian wheat prices down as harvesting gathers pace

Russian wheat export prices fell last week after increasing or being stable for 11 straight weeks as Black Sea wheat producers speed up harvesting, analysts said on Monday. Russia, Ukraine and Kazakhstan anticipate strong exports in the current 2017/18 marketing year as recent good weather has buoyed their expectations for bumper crops.  Click here to read full stories.

Aug 07 - Brazil likely to create ethanol import quota, tax imports above it - group

The Brazilian government is likely to adopt a quota system for ethanol imports, allowing 600 million liters into the country per year free of tax and imposing a 20 percent tariff on volumes in excess of that quota, cane industry group Unica said on Monday. Eduardo Leão, Unica's executive director, told Reuters on the sidelines of a seminar in Sao Paulo that the new policy has been discussed within the government and should be approved in an extraordinary meeting of Brazil's foreign trade chamber Camex on August 23. Click here to read full stories.

Aug 07 - Fear of quality loss to German wheat harvest after heavy rain

Rain in past weeks has created concern about last minute quality loss to Germany's wheat harvest, traders said on Monday, with a larger proportion of the crop than usual likely only to reach feed wheat quality, possibly cutting export supplies. Germany, the European Union’s second-largest wheat producer and exporter after France, has suffered rain in the past two weeks just as thousands of combine harvesters were ready to start gathering the crop.

Aug 07 - Strong Black Sea wheat exports seen as weather boosts crop

Black Sea wheat producers anticipate strong exports in the current marketing year as recent good weather has buoyed their expectations for bumper crops in Russia and Ukraine, traders and analysts said. Russia, Ukraine and Kazakhstan, which export grain via the Black Sea mainly to customers in Africa and the Middle East, had been broadly expected to see another good harvest this year. However, they may harvest even larger wheat crops than originally thought. Click here to read full stories.

Aug 07 - Germany concerned Belgium withheld data about contaminated eggs 

German Agriculture Minister Christian Schmidt on Saturday expressed concern about news that Belgian authorities first learned about the possible contamination of eggs with an insecticide in June, a month before the issue became public. Schmidt planned to call his Belgian counterpart on Monday to discuss the current situation and "particularly the new information," a ministry spokesman said. Click here to read full stories.

Aug 07 - Funds not ready to pull plug on bullish grain views: Braun 

U.S. corn and soybeans are facing more difficulties this growing season than the last couple of years, and although it is clear that complete disaster is not in the cards, there is just enough supply uncertainty to keep the funds cautiously bullish in Chicago-traded grains and oilseeds. The U.S. Department of Agriculture cut corn condition scores for the fourth week in a row last Monday, but 61 percent of the crop is still considered in good or excellent condition. And even though the 59 percent good-to-excellent soybean score is the lowest for the date in five years, last week marked the first rebound in conditions in six weeks. Click here to read full stories.

Aug 07 - India monsoon rains to stay weak in key regions for next 2 weeks

Key crop growing regions in India are likely to receive lower rainfall than normal in the next fortnight, the state-run weather forecaster said, raising concerns over the yield of summer-sown crops. Areas in the country's central, north-western and southern states that grow cotton, pulses, sugarcane and oilseeds will be hit, the India Meteorological Department said in its extended range outlook. Click here to read full stories.

Aug 07 - Aldi stops selling eggs in Germany over food safety scare

Discount supermarket chain Aldi is withdrawing all eggs from sale at its more than 4,000 stores in Germany as a precaution, it said on Friday, as a scare over the possible contamination of eggs with insecticide spreads. Traces of insecticide fipronil were found in eggs in Belgium and the Netherlands last month, which has led to the temporary shut-down of some poultry farms and to supermarkets halting the sale of eggs from the Netherlands. Click here to read full stories.

Aug 07 - Indonesia, Russia sign MoU to trade palm, coffee for Sukhoi jets

Indonesian state trading company PT Perusahaan Perdagangan Indonesia and Russian state conglomerate Rostec have signed a preliminary deal to trade Sukhoi SU-35 jets for commodities like palm oil and coffee, the Indonesian trade ministry said. A memorandum of understanding (MoU) was signed in Moscow and further details about the expected deal will be announced in the coming days by the Indonesian trade and defense ministers, Indonesian trade ministry official Imam Pambagyo said on Sunday. Click here to read full stories.

Aug 07 - "Lucifer" heat wave holds Italy, eastern Europe in fiery grip

Swathes of southern and eastern Europe sweltered in temperatures above 40 degrees Celsius (104°F) on Friday in a heat wave nicknamed "Lucifer" that has fanned forest fires, triggered weather warning alerts and damaged crops. Italy and the Balkans were worst affected, though areas as far north as southern Poland also basked in abnormally hot temperatures, and European weather hub Meteoalarm issued its highest grade "red" warnings for 10 countries. Click here to read full stories.

Aug 07 - USDA Sees Rising Malaysia Palm-Oil Exports, Stocks (Dow Jones)
The USDA expects Malaysian palm-oil exports to rise nearly 6% in 2017-8 to 18 million metric tons due to demand from India and the Middle East. But with expectations for high production near-term, supplies are seen rising as well. "Production for 2017-8 is forecasted to increase to 21 million tons as trees fully recover from tree stress and the industry is able to address labor issues," the agency adds.

Aug 07 - Whole-Milk-Powder Investors Look Past Auction (Dow Jones)
NZX whole-milk-powder futures rise as investors have moved past softness in last week's Global Dairy Trade auction. Instead, prices continue to trade in line with higher global levels. "Last week's GDT auction prices look like the anomaly," says CBA's Tobin Gorey. NZX 3-month whole-milk-powder prices are up 1.7% at US$3,300/ton.

Aug 07 - Almond Struggles At Select Harvests Just Beginning (Dow Jones)
Bell Potter says Australian almond prices will likely get worse before they get better, especially as California supply grows, which is negative for Aussie almond-grower Select Harvests. The company recently revised its FY17 earnings expectations lower and said almond prices would on average be A$7.40-A$7.50 per kilogram, down from the  A$7.50-A$8.50 expected previously. Select Harvests is "in the unenviable position of facing weaker realized almond prices as fixed costs escalate, having regeared the balance sheet through acquisition and
investment," Bell Potter says.

Aug 04 - Paraguay's high-protein wheat may be too scarce to seize demand

Weather damage to crops in Paraguay has robbed the international wheat market of more supplies of the high-quality grain needed to make bread and snatched an opportunity for the country to cultivate customers other than its massive neighbor, Brazil. Frost has been so bad that Paraguay may lose as much as half the 430,000 hectares sown this year, leaving it with just enough crop to cover domestic demand, Jose Berea, president of Paraguay's chamber of exporters, known as Capeco, said this week. Click here to read full stories.

Aug 04 - Bunge aims to 'reinvent' dealings with Brazilian soy farmers

With Brazilian farmers storing soybeans due to low prices, Bunge Ltd is aiming to change the way it buys crops in an effort to prompt more selling and rebuild profit margins. Bunge, one of the world's largest oilseed processors, wants to get farmers to agree to sell more of their upcoming crops to the company ahead of harvest time by offering extra help with services, such as financing and price risk management, Chief Executive Soren Schroder told analysts on Wednesday on a conference call. Click here to read full stories.

Aug 04 - Russian ban on Turkish tomatoes bears domestic fruit

A ban on Turkish tomato imports that was motivated by geopolitics has inspired Russia to become self-sufficient in tomato production, a windfall for companies who invested in the technology that would increase year-round production. Russia has been ramping up production of meats, cheese and vegetables since it banned most Western food imports in 2014 as a retaliatory measure for sanctions meant to punish Russia's support of rebels in eastern Ukraine and annexation of Crimea. Click here to read full stories.

Aug 04 - U.S. to reject biofuel program tweak in snub to Icahn - sources

The Environmental Protection Agency will reject a proposal backed by billionaire Carl Icahn and a handful of refining companies to overhaul the U.S. biofuels program, in a victory for big ethanol producers that had fought to defend the existing policy, three sources familiar matter told Reuters on Thursday. The decision is a blow to independent oil refiners, including Icahn's CVR Energy and top U.S. refiner Valero Energy Corp, that have said the current U.S. biofuels policy costs them hundreds of millions of dollars by forcing them to blend petroleum-based and plant-based fuels. Click here to read full stories.

Aug 04 - Plant-based meats whet U.S. summer grilling appetites

Burgers made from plants instead of animals are capturing more space on U.S. barbecuegrills this summer, fueling sales in the niche products that could reach $5 billion globally by 2020. Plant-based meat foods are now available that include beet juice for color and canola oil to simulate fat. These changes are not only pulling in consumers but also one of the powerhouses in traditional meat production, Tyson Foods Inc. Click here to read full stories.

Aug 04 - Hot, dry American summer unlikely to dent USDA's corn harvest view

The full impact of a hot and dry summer in the U.S. Midwest is unlikely to show up in the government's next estimate of the U.S. corn crop as it typically makes just small adjustments to its harvest outlook during August. The U.S. Agriculture Department will update its yield projection in its monthly supply and demand report on Aug. 10. The forecast will be closely watched as it will be the first harvest outlook for the 2017/18 marketing year that includes data from field surveys. Click here to read full stories.

Aug 04 - Informa sees U.S. 2017 corn yield at 165.9 bu/acre -trade

Private analytics firm Informa Economics on Thursday projected U.S. 2017 corn production at 13.852 billion bushels based on an average yield of 165.9 bushels per acre, trade sources said. The sources said Informa forecast U.S. 2017 soybean production at 4.196 billion bushels with a yield of 47.3 bushels per acre.  Click here to read full stories.

Aug 04 - Truck drivers protest in Brazil may delay grain loading - industry group

Brazil grains exporters group Anec on Thursday said it will send an official communication to foreign buyers saying that protests by truck drivers in the country might delay grain loading operations at Brazilian ports. Anec's director Sergio Mendes said protests against high diesel prices have impacted the flow of grains particularly in Mato Grosso, Brazil's top producing state. The demonstrations entered a third day on Thursday and have spread to other states such as Rio Grande do Sul and Paraná, local media reported. Click here to read full stories.

Aug 04 - German supermarket chain halts Dutch eggs sales after toxic scare

Major German supermarket chain REWE has removed all Dutch eggs from its shelves and suspended sales until further notice, following a warning by the Netherlands food safety authority of possible contamination with the toxic insecticide fipronil. Dutch food safety watchdog NVWA published a list this week of the serial numbers of eggs that were deemed unsafe, with one specific range of eggs labelled as an acute health hazard. Others were said to be mainly unsafe for children to eat in larger quantities. Click here to read full stories.

Aug 04 - U.S. lumber mill owners say 'no hurry' to reach deal with Canada

U.S. lumber mill owners said on Thursday they were "in no hurry" to reach a softwood lumber deal with Canada that fails to limit Canadian producers' share of the U.S. market to a strict percentage. The owners of four lumber mills told Reuters that talks to end a decades-old dispute with Canada should stay on a separate track from negotiations to modernize the North American Free Trade Agreement that are due to start on Aug. 16. Click here to read full stories.

Aug 04 - Asian CPO Prices to Trend Lower as Weather Concerns Fade (Dow Jones)
Asian crude palm oil prices are likely to continue to trend lower as chances for weather extremities fade, which should bring ample supplies through the end of 2017, says OCBC in a note. Bursa Malaysia palm oil prices closed lower for the fourth consecutive trading session Thursday, with much of the focus on data due next week in Malaysia on production and stocks. The Bursa Malaysia benchmark contract ended down 38 ringgit a ton at MYR2,604 a ton.

Aug 04 - FAO Rice Price Index Up on Firmer Japonica, Fragrant Prices (Dow Jones)
The FAO All Rice Price Index rose 0.7% in July 2017 to reach a two-year high due to firmer Japonica and fragrant quotations, says the UN organization. The move in some rice prices is due to seasonally tighter exportable availabilities in these segments. However, it adds that prices for higher quality Indica rice fell due to a slowdown in demand during July. It notes that in Thailand, benchmark Thai 100% Grade B white rice was US$432 per metric ton in July, down 8% month-on-month and essentially unchanged with May.

Aug 03 - Drifting crop chemical deals ‘double whammy’ to U.S. farmers

An advanced weed-killing chemical has twice come back to haunt Arkansas farmer John Weiss. The herbicide, known as dicamba, has long been employed in the United States to kill weeds before fields were planted, but its use spiked after regulators last year approved a new formulation that allowed farmers to apply it to growing plants. Click here to read full stories.

Aug 03 - Bunge leaves door open to selling itself, cuts 2017 forecast

Bunge Ltd kept the door open on Wednesday to a sale of the company as it reported a 34 percent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer predicted a grains market rebound that would reverse the slide. CEO Soren Schroder said planned cost cuts should also help improve performance by the agricultural commodities trader after its second straight weak quarterly result. Click here to read full stories.

Aug 03 - Erratic monsoon rains threaten key Indian grain, food crops

India's monsoon has delivered 1 percent more rain than normal so far this year, but erratic distribution has flooded some areas and left others in drought, clouding the outlook for key summer-sown crops more than midway through the season. The uneven rains could lead to lower food grain output despite bigger planting areas, forcing India to raise imports of edible oils, sugar and pulses, and potentially limiting exports of cotton, rice and feed ingredients, traders said. Click here to read full stories.

Aug 03 - Thailand may export 11 mln T of rice in 2017, higher than target - commerce minister

Thailand is likely to export 11 million tonnes of rice this year, the country's commerce minister said on Wednesday, higher than its target. "Thailand is negotiating rice deals with many countries such as Sri Lanka and Bangladesh," Commerce Minister Apiradi Tantraporn told reporters. Click here to read full stories.

Aug 03 - Fertilizer maker CF Industries posts 93.6 pct plunge in profit

U.S. fertilizer producer CF Industries Holdings Inc  reported a 93.6 percent fall in quarterly profit on Wednesday and said it expects nitrogen pricing to be challenged through 2017 and into 2018. Fertilizer prices have faced pressure from soft crop prices and expanding U.S. nitrogen fertilizer capacity. Click here to read full stories.

Aug 03 - Brazil chicken exports rise in July as food scandal wanes - ABPA

Brazilian chicken exports totaled 385,000 tonnes in July, rising for the first time sincean investigation into alleged bribery of food inspectors rattled the protein industry in March. Meatpackers association ABPA said in a Wednesday statement that export volumes rose by 6.2 percent from a year earlier. In financial terms, exports rose 2.7 percent to $619 million. Click here to read full stories.

Aug 03 - For displaced Iraqi, eggplants offer seeds of hope

When Myasar Khalil Ali fled Islamic State with his family three years ago one of the handful of possessions he was able to take were green eggplant seeds, which have germinated into a profitable small business. The Iraqi, who once ran a photocopying business in the mainly Turkmen town of Tal Afar, grows the green eggplants next to the blue tarpaulin of Yahyawa camp, in the Lilan district of Kirkuk where he now lives. Click here to read full stories.

Aug 03 - Asian Palm Oil Prices Off Slightly, Focus on Data (Dow Jones)
Asian palm oil prices have fallen slightly in early trading as the market awaits production data next week. Analysts expect to see production in Malaysia to have continued to pick up, and stocks, which are currently tracking around historically low levels, to increase when data is released on August 10. The Bursa Malaysia benchmark palm oil contract is currently trading down 13 ringgit a ton at MYR2,629 a ton.

Aug 03 - Thai Rice Exports Up 8% in 1H17 on Year (Dow Jones)
Thai rice exports are up 8% in 1H17 as prices are more competitive in the Middle Eastern and African markets, driven by the sale of government rice stocks and recovery of rice production in the off-season, says the U.S. Department of Agriculture in a note; "Rice exports in the second half of 2017 are expected to grow at a slower pace, particularly for white rice, due to the suspension of the sale of government stocks in June 2017."The USDA is forecasting Thai rice exports for 2017 to rise a total of 6%.

Aug 03 - Japan's Beef Tariffs to Hit NZ Beef Prices (Dow Jones)
Japan's decision to increase tariffs on beef imports will wait on New Zealand beef prices as Japan is the highest paying market, says ASB Bank in a note. Japan earlier this week raised import tariffs to 50% from 38.5% on beef imports from a number of countries including New Zealand and the U.S. to control beef imports coming into the country. ASB says that New Zealand beef prices are going to struggle to reach NZ$6/kg as previously forecast and are instead likely to drift lower over the remainder of 2017.

Aug 02 - Van Hulle en liquidation judiciaire (La France Agricole)
  Le 28 juillet, le tribunal de commerce de Dieppe a placé le négociant en liquidation judiciaire, avec trois mois de poursuite d’activités. Un délai pour éponger une partie des 11 M€ de créances d’agriculteurs et trouver un repreneur avant fin septembre.
  Après un an de période d’observation en redressement judiciaire, l’entreprise Van Hulle n’a pas réussi à refaire surface. Il faut dire que son passif était abyssal : 51 millions d’euros (M€) pour un chiffre d’affaires de 55 M€ en 2016… Les créances du négociant sont estimées à 11 M€ auprès des agriculteurs et 33 M€ auprès des banques.
  En quelques mois, Van Hulle a réduit son passif grâce à un accord avec la multinationale Glencore, et, dans une moindre mesure, à un protocole avec les agriculteurs concernant l’achat de produits phytosanitaires. « Peu d’agriculteurs ont signé ce protocole et il a été très compliqué à mettre en œuvre », relativise Éric de Laguerenne, juriste à la FDSEA du Cher.
  Aujourd’hui, le passif de l’entreprise est de 23 M€. Une grande incertitude demeure quant au recouvrement des créances, notamment celles des 250 agriculteurs du Centre Val de Loire, de Normandie et des Hauts de France. Tenant compte de la nouvelle récolte, le tribunal de commerce de Dieppe a octroyé une poursuite de l’activité.
  La mise en liquidation signifie que l’entreprise de Mortemer (Seine-Maritime), qui compte 19 salariés, fermera en octobre, sauf si un repreneur s’est déclaré avant le 29 septembre. Dans cette affaire, les agriculteurs ne sont pas des créanciers privilégiés. Ils ont peu de chance de recouvrir la totalité des sommes dues. La FNSEA qui coordonne une action collective, ne s’est pas encore prononcée sur la suite de l’affaire.
  L’audience du 21 juillet au tribunal de commerce de Dieppe a mis en exergue les difficultés internes de gestion de l’entreprise. Selon le procureur, « l’administrateur judiciaire a établi des observations qui laissaient dubitatif sur le fonctionnement de l’entreprise ». Les éléments de comptabilité de base (marge brute, résultat, consommation de trésorerie) et l’inventaire des stocks étaient incomplets ou approximatifs.
  De plus, les six derniers mois font apparaître une perte d’exploitation de 1,2 M€. Même si ces chiffres sont en cours d’audit, selon le procureur, cette perte illustre « l’incapacité de la société Van Hulle Agro Distribution à trouver son équilibre économique ». Des éléments qui laissent à penser que le mal est plus profond qu’une mauvaise position contractée sur le Matif en 2016.

Aug 02 - ADM 2nd-qtr profit beats estimates on strong corn margins

U.S. agricultural trader Archer Daniels Midland Co's  second-quarter earnings topped expectations on Tuesday, sending shares higher, as strong sweetener and corn ethanol margins helped offset weak soybean processing results. The company's global trading desk, which lost money in three of the past six quarters and has lost several top traders in the past two years, posted stronger results despite lower volumes. Click here to read full stories.

Aug 02 - U.S. ethanol makers steer away from fuel, reach for booze

A U.S. glut of fuel-grade ethanol has major producers, including Green Plains Inc and industry pioneer Archer Daniels Midland Co, pursuing other markets and idling excess capacity in an effort to rebuild sagging margins. ADM and Green Plains both said on Tuesday they are converting fuel-ethanol capacity into beverage and industrial alcohol production, as well as idling some mills. The announcements follow Pacific Ethanol's decision in June to buy a beverage-grade facility in Illinois, a diversification away from fuel ethanol. Click here to read full stories.

Aug 02 - Mosaic shares tumble on disappointing fertilizer guidance

U.S. fertilizer producer Mosaic Co on Tuesday forecast slower phosphate sales and weaker prices for the current quarter, causing shares to plunge as much as 9 percent. The Minnesota-based company predicted third-quarter phosphate sales of 2.2 million to 2.5 million tonnes, down from 2.6 million in the second quarter. Click here to read full stories.

Aug 02 - INTL FCStone sees U.S. 2017 corn crop at 13.590 billion bushels

Commodity brokerage INTL FCStone on Tuesday projected U.S. 2017 corn production at 13.590 billion bushels, with an average yield of 162.8 bushels per acre (bpa). The company forecast this year's U.S. soybean harvest at 4.235 billion bushels, with an average yield of 47.7 bpa. Click here to read full stories.

Aug 02 - Bayer offers concessions to EU Commission for Monsanto deal

The European Commission said Germany's Bayer had submitted commitments aimed at easing competition concerns over its $66 billion takeover of U.S. agrochemicals group Monsanto, suggesting the company aims to avoid a lengthy review. The Commission said it had extended a deadline by two weeks, aiming to complete its initial review of the deal by Aug. 22. Click here to read full stories.

Aug 02 - U.S. environment regulator reviews pesticide after damage reports

The U.S. Environmental Protection Agency is reviewing its directions on how to use the latest versions of the weed killer dicamba, following hundreds of reports about crop damage when traces of itdrift away from application sites, an agency spokeswoman said on Tuesday. "We are reviewing the current use restrictions on the labels for these dicamba formulations in light of the incidents that have been reported this year," EPA spokeswoman Amy Graham said in an email to Reuters. Click here to read full stories.

Aug 02 - China's Inner Mongolia region culls 66,500 chickens after bird flu outbreak

China's Inner Mongolia region has culled 66,500 chickens following an outbreak of bird flu that has affected 35,000 birds, the Ministry of Agriculture said on Tuesday. The H5N1 strain of the virus was confirmed at a hen farm in Tongliao city, which has 3 million people, and has killed 15,000 birds, the ministry said in a statement on its website. Click here to read full stories.

Aug 02 - Dairy prices fall at auction, volumes rise

Overall global dairy prices fell at an auction on Wednesday, though a rise in sales volumes and strong gains for whole milk powder suggested a mixed outlook for farmers. The Global Dairy Trade (GDT) Price Index dipped 1.6 percent, with an average selling price of $3,343 per tonne, in the auction held in the early hours of Wednesday morning. Click here to read full stories.

Aug 02 - Asian Palm Oil to Trend Lower as Yields Recover (Dow Jones)
Asian palm-oil prices will trend lower in coming months, says BMI Research, amid rising yields after a declines last season for the first time in nearly 20 years. It adds while domestic consumption in Indonesia and Malaysia will rise in 2017 due to the development of biodiesel production, import demand will remain lackluster this year, limiting total consumption growth for palm oil. Bursa Malaysia benchmark palm oil is down 1.1% at MYR2,624/ton.

Aug 02 - Butter Falls From Record High in Dairy Auction (Dow Jones)
Butter prices fell from record highs in the Global Dairy Auction, but weakening milk-fat prices may be temporary, says ASB. "Demand continues to surge and inventories are now very tight." The bank adds that as supply struggles to keep up with demand that further gains in milk fat should lift dairy prices more generally. The average butter price fell 4.9% in the auction, but remain double year-earlier levels.

Aug 01 - Asian Palm Oil Quiet Ahead of Output Data (Dow Jones)
Asian palm-oil prices are little changed as the market awaits output and stockpile data from Malaysia. Estimates released Monday showed exports were slightly higher last month, though slowed as July progressed. The Bursa Malaysia 3-month palm-oil contract is up 0.2% at MYR2,679/ton.

Aug 01 - Dairy Prices Likely to See Hefty Rise at Auction (Dow Jones)
Dairy prices are likely to see a hefty rise at the auction later Tuesday as dairy markets have seen a couple of distinct shifts since the last auction in mid-July, says Tobin Gorey, an analyst at the Commonwealth Bank of Australia in a note; "First, butter prices (and so milk fat prices) have continued to soar. Secondly, the US Dollar has weakened substantially. Both support a higher price level." He adds that while NZX whole milk powder have drifted lower but this could be "some pre-auction nerves." The NZX 3-month whole milk powder price is trading down US$25/metric ton at US$3,235/metric ton.

Aug 01 - Brazil's JBS taps BNP Paribas for Moy Park sale, source says

JBS SA, the world's No. 2 food processor, has picked BNP Paribas SA to help sell Moy Park Ltd, which the company has put on the block, a person with direct knowledge of the matter said on Monday. JBS, whose controlling family has been ensnared in a corruption scandal, announced plans to sell Ireland-based Moy Park on June 20. Click here to read full stories.

Aug 01 - USDA June soybean crush seen at 146.9 mln bushels

The U.S. Department of Agriculture's monthly report on oilseed crushings will likely show that about 4.407 million short tons, or 146.9 million bushels, of soybeans were processed in June, according to the average forecast of six analysts in a Reuters survey on Monday. Their estimates ranged from 146.0 million to 148.0 million bushels. The median prediction was 146.8 million bushels. Click here to read full stories.

Aug 01 - Japan's Aso says Tokyo to discuss frozen beef import tariffs in talks with U.S.

Japan's finance minister said on Tuesday Tokyo would raise the issue of tariffs on frozen beef imports from the United States and other countries in bilateral economic talks with Washington later this year. Minister Taro Aso's comments came as Japan hiked tariffs from Aug. 1 on imports of frozen beef, popular in beef bowl dishes, from countries including the United States to 50 percent from 38.5 percent. Click here to read full stories.

Aug 01 - France heading for record rapeseed yield - crop institute

France's rapeseed yield is set to reach a record level, allowing the country to harvest a large crop despite a sharp fall in area linked to a difficult sowing season, oilseed technical institute Terres Inovia said on Monday. The French harvest, which is in its final stages, should bring an average yield of about 3.8 tonnes per hectare (t/ha), after yields in many regions exceeded 3.5 t/ha and some approached 4.5 t/ha, it said in a statement. Click here to read full stories.

Aug 01 - Strategie Grains raises EU rapeseed crop outlook as harvest progresses

Consultancy Strategie Grains raised its monthly outlook for this year's rapeseed crop in the European Union by nearly 800,000 tonnes, mainly due to harvest results in France that showed crops were better than expected after a June heatwave. In a report released on Monday, Strategie Grains projected the EU 2017 rapeseed crop at 21.9 million tonnes, now 8 percent above last year when the crop was damaged by adverse weather. Click here to read full stories.

Aug 01 - U.S. corn, soy, spring wheat ratings seen unchanged in - poll

The U.S. Department of Agriculture's weekly crop progress report should show no change in condition ratings for U.S. corn, soybean and spring wheat crops, according to an average of estimates by 12 analysts polled by Reuters on Monday. The poll forecast that the corn crop would be rated 62 percent good to excellent and the soybean crop as 57 percent good to excellent. Good-to-excellent ratings were seen at 33 percent for spring wheat. Click here to read full stories.

Aug 01 - Russian wheat prices stable after 10-week rise

Russian wheat export prices were stable last week after increasing for 10 straight weeks due to easing concerns over the quality of this year's crop and as harvesting gathers pace. Black Sea prices for Russian wheat with 12.5 percent protein content and for August delivery were $196 a tonne on a free-on-board (FOB) basis at the end of last week, unchanged from a week earlier, IKAR agriculture consultancy said in a note.  Click here to read full stories.

Aug 01 - India's Punjab, Maharashtra states warn cotton farmers on potential pest attacks

Two Indian states have asked cotton farmers to step up pesticide sprays to ward off potential harmful bug attacks as dry weather conditions in some parts of the country risk triggering infestations of pests like plant-eating whitefly. Despite plentiful rains in most parts of the country, monsoon has been patchy in some areas of the northern states of Punjab and Maharashtra in western India, prompting the two state governments to initiate steps to stop pest attacks. Click here to read full stories.

Aug 01 - Romania reports African swine fever in backyard pigs - OIE

Romania has reported an outbreak of African swine fever among backyard pigs in the town of Satu Mare in the north of the country, the World Organisation for Animal Health (OIE) said on Monday. The disease infected and killed one of the four domestic pigs at the location, while the other three were slaughtered, the Paris-based OIE said, citing a report from Romania's veterinary and food safety authority. Click here to read full stories.