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Wheat and soybean futures rise on the CBOT; beef and pork prices also rise

The Canadian PressMay 20, 2013 16:15
CHICAGO - Grains futures were mixed Monday on the Chicago Board of Trade. Wheat for July delivery rose 2 cents to $6.8525 a bushel; July corn fell 3.25 cents to $6.495 a bushel; July oats fell 12.25 cents to $3.6325 a bushel; while July soybeans jumped 16 cents to $14.645 a bushel. Beef and pork prices rose on the Chicago Mercantile Exchange. June live cattle rose 0.72 cent to $1.2012 a pound; August feeder cattle rose 1.10 cent to $1.4447 a pound; June lean hogs added 0.55 cent to 92.07 cents a pound.

Corn gains the most since last year's drought on concern that wet weather will delay planting

The Canadian PressApril 29, 2013 15:45
NEW YORK, N.Y. - The price of corn is surging on concern that wet, cold weather in the Plains region will delay planting and reduce harvests. July corn rose 40 cents, or 6.5 per cent, to $6.5975 a bushel. That's the biggest one-day gain since June 25, when last year's drought was pushing up prices. The price of corn plunged at the end of March after the government said that it expected farmers to plant the biggest crop in almost 80 years. Corn also rose after the government said that inventories were higher than analysts had expected.

Farmers say Egypt's wheat crop hopes are "a dream"

April 15, 2013 04:15
By Yasmine Saleh MINYA, Egypt (Reuters) - Egypt's Islamist-led government must be dreaming if it expects a bumper wheat harvest over the next six weeks that will save the country billions of dollars in imports, says farmer Farid Boshra Abdel Malek.

Chicago agricultural commodities rise across board

April 12, 2013 17:33
Chicago agricultural commodities rose across the board Thursday. The most active corn contract for May delivery gained 2.25 cents, or 0.35 percent, to close at 6.5125 dollars per bushel. May wheat rose one cent, or 0.14 percent, to settle at 6.9775 dollars per bushel. May soybeans climbed 9.25 cents, or 0.66 percent, to close at 14.02 dollars per bushel. May corn traded slightly higher Thursday on tight cash markets and firm domestic market.

Dairy price surge raises March world food cost

April 12, 2013 17:17
A sharp surge in price of dairy products pushed overall food cost one percentage point higher in March, UN reported Thursday, noting world wheat production remained on track to reach its second highest level ever barring adverse weather. In its latest monthly Food Price Index (FPI), UN's Food and Agriculture Organization (FAO) said dairy component of the index, which carries a 17 percent weight in the overall calculations, jumped by 22 points to 225 - one of the largest recorded changes - due to Oceania's hot, dry weather that cut into production of milk and its various by-products.<

Dairy nudges FAO Food Price Index higher by one percent

April 12, 2013 14:21
The Food and Agriculture Organization Price Index (FPI) crept higher by one percent in March compared with a month before, driven mainly by an 11 percent increase in dairy.

World food prices rise in March on dairy surge - FAO

April 11, 2013 06:30
ROME (Reuters) - Global food prices rose 1 percent in March, the United Nations' food agency said on Thursday, pointing to a surge in dairy costs, while cereals prices were little changed and seen facing downward pressure in coming months. The Food and Agriculture Organisation's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 212.4 points in March, up 1 percent from 210.7 in February and its highest since October 2012.

Chicago agricultural commodity futures trading closes mixed

April 10, 2013 15:17
Chicago corn and soybean posted big gains, but wheat suffered slight losses Tuesday. The most active corn contract for May delivery gained 10.75 cents, or 1.7 percent, to close at 6.4425 dollars per bushel. May wheat lost 3.75 cents, or 0.53 percent, to settle at 7.0875 dollars per bushel. May soybeans rose 17.5 cents, or 1.27 percent, to close at 13.955 dollars per bushel. May corn cashed in on weather premium Tuesday, as a cool, wet weather was forecast for the central Midwest in the next five days.

Chicago corn, soybeans fall while wheat rises

April 9, 2013 09:49
Chicago agricultural commodity futures were traded mixed Friday, with wheat price up while corn and soybeans price down on sluggish demand concerns. The most active corn contract for May delivery fell 1 cent, or 0.16 percent, to close at 6.29 U.S. dollars per bushel. May wheat rose 5 cents, or 0.72 percent, to settle at 6.99 dollars per bushel.

Global food prices declines as lower demand for cereals and improved supplies pushed prices down

April 6, 2013 13:02
Global food prices have declined in recent months as lower demand for cereals and improved supplies pushed prices down, the World Bank said yesterday, warning that prices were still near record peaks and volatile. The World Bank's Food Price Index showed international prices of wheat fell by 11 percent, sugar by 10 percent and maize, or corn, by 6 percent during the four-month period between October 2012 and February 2013. The poverty-fighting institution said lower demand from a sharp fall in the use of wheat feed and declines in corn consumption for ethanol in the United Sta
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