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Updated: Controversial ag-environment bill fails Minnesota Senate vote
ST. PAUL -- Minnesota senators defeated by a single vote the spotlight bill of today's special legislative session, raising the possibility of a second special session.
Friday, June, 12, 2015 - Forum News Service - News

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Lower cash prices sink CME live cattle futures
CHICAGO - Chicago Mercantile Exchange live cattle futures fell hard Friday, pressured by lower prices for market-ready, or cash, cattle, traders said. June closed 2.775 cents per lb lower at 152.450 cents, and August down 2.125 cents to 150.800 cents.
Friday, June, 12, 2015 - Reuters - News

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Wheat falls to 1-1/2 week low as supply risks ease
CHICAGO - U.S. wheat futures fell to their lowest level in 1-1/2 weeks on Friday, surrendering more gains from a recent rally, weighed down by plentiful supplies and slow export sales.
Friday, June, 12, 2015 - Reuters - News

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Minnesota special session spotlight bill stalls
Minnesota senators at midday today delayed public debate on a bill funding environment and agriculture programs, the most controversial part of a historic special legislative session.
Friday, June, 12, 2015 - Forum News Service - News

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NGFA urges new grain shipping rules procedure
he National Grain and Feed Association this week urged the Surface Transportation Board to issue a proposed rulemaking to establish a new process which agricultural commodity shippers could use to challenge freight rates they believe are unreasonable or unlawful under the Staggers Rail Act of 1980.
Friday, June, 12, 2015 - Agweek - News

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House passes grain standards, mandatory price reporting
The House passed three agricultural measures this week by voice vote: H.R. 2051, the Mandatory Price Reporting Act; H.R. 2088, the United States Grain Standards Act Reauthorization Act; and H.R. 2394, the National Forest Foundation Reauthorization Act.
Friday, June, 12, 2015 - Agweek - News

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Timeline: Tracing the bird flu outbreak in N. American poultry flocks
The United States is facing its worst outbreak on record of avian influenza in poultry as three deadly strains have hit North American flocks since December. More than 47 million chickens and turkeys have been killed or will be culled, and U.S. egg prices are projected to set an annual record high because of the losses.
Friday, June, 12, 2015 - Reuters - News

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Soil conservationists encouraging producers to plant more trees
The Cass County (N.D.) Soil Conservation District plans to plant 260,000 linear feet of trees this summer in field windbreaks, farmstead windbreaks and wildlife plantings.
Friday, June, 12, 2015 - Forum News Service - News

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Shares of Texas chicken-wing chain Wingstop soar in debut
Shares of Wingstop Inc, a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.
Friday, June, 12, 2015 - Reuters - News

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India's economic data brings cheer as monsoon worries mount
NEW DELHI - India's industrial production output grew more than expected in April, reaching a two-month high, and retail inflation edged up in May, easing concern over an economy facing the worst drought since 2009.
Friday, June, 12, 2015 - Reuters - News

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Oil bosses break long climate silence with urgent initiative
LONDON - For an industry used to cautious, long-term evolution, the speed at which leaders of Europe's biggest oil and gas companies moved to take a joint stand in the climate debate speaks volumes.
Friday, June, 12, 2015 - Reuters - News

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Outflows from energy ETPs continue in May
LONDON - Investors continued to pull money from energy exchange-traded products in May after a rebound in oil prices stumbled as the global supply glut showed no signs of eroding.
Friday, June, 12, 2015 - Reuters - News

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N.D. oil production down slightly in April
WILLISTON, N.D. – North Dakota oil production decreased 1.8 percent in April to nearly 1.2 million barrels a day, preliminary figures released Friday show. Natural gas production increased 1.4 percent in April to an average of 1.5 billion cubic feet per day, according to the Department of Mineral Resources.
Friday, June, 12, 2015 - Forum News Service - News

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Palm oil rally likely to fizzle as Ramadan demand fades, harvest supply looms
KUALA LUMPUR - A rally in the price of palm oil to three month-highs may run out of steam as buying ahead of the Muslim festival of Ramadan fades and markets brace for growing supply as the main harvest approaches, traders and analysts said.
Friday, June, 12, 2015 - Reuters - News

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U.S. producer prices post largest gain since 2012
WASHINGTON - U.S. producer prices in May recorded their biggest increase in more than 2-1/2 years as the cost of gasoline and food rose, suggesting that an oil-driven downward drift in prices was nearing an end.
Friday, June, 12, 2015 - Reuters - News

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Razor-edge U.S. Congress vote to decide fate of Obama Pacific trade pact
WASHINGTON - President Barack Obama's goal of strengthening U.S. economic ties with Asia will hang in the balance in Congress on Friday when divided lawmakers vote on legislation central to his hallmark Pacific Rim trade deal.
Friday, June, 12, 2015 - Reuters - News

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Wheat falls to 1-1/2 week low as supply risks ease
LONDON - Chicago wheat futures fell to their lowest level in 1-1/2 weeks on Friday, surrendering more gains from a recent rally, weighed down by plentiful supplies and slow export sales.
Friday, June, 12, 2015 - Reuters - News

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After oil price drop, Algeria tries to boost food crops
SIDI RACHED, Algeria - At Ahmed Bekhi's cereal farm outside Algiers, there are clear signs of Algeria's campaign to increase food production to help curb billions of dollars in imports and offset a sharp fall in world oil prices.
Thursday, June, 11, 2015 - Reuters - News

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In blow to oil industry, EPA says oil refiners recover RINs costs
NEW YORK - Oil companies ultimately recover their costs of complying with the U.S. biofuels program, according to an Environmental Protection Agency (EPA) analysis that marks the regulator's clearest challenge yet to a key criticism of the policy.
Thursday, June, 11, 2015 - Reuters - News

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Profit-taking undercuts CME live cattle futures
CHICAGO - Chicago Mercantile Exchange live cattle futures snapped a three-day win streak on Thursday, pressured by profit-taking and wholesale beef price downturn, traders said.
Thursday, June, 11, 2015 - Reuters - News

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