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Globalization worsens food price shocks for importers
ROME - The chances of shock food price rises in import-dependent states are rising as the world's population grows and nations become more reliant on global markets, researchers said in a study published on Tuesday.
Tuesday, May, 12, 2015 - Reuters - News

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CME live cattle, hogs end higher after volatile session
CHICAGO - Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after a choppy day, partly supported by rising wholesale beef values, traders said.
Tuesday, May, 12, 2015 - Reuters - News

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Seeding barrels ahead
Western Canadian seeding has passed the 25 percent mark, about double the normal pace. Conditions are generally excellent although eastern Manitoba and southern Alberta could use rain.
Tuesday, May, 12, 2015 - - News

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FAA considers UAV initiatives
U.S. aviation regulators are talking to unmanned aerial vehicle (UAV) makers and service providers about testing commercial UAVs that can fly beyond an operator’s visual line of sight, currently banned for safety reasons, according to people with knowledge of the discussions.
Tuesday, May, 12, 2015 - Reuters - News

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Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported Tuesday: ** China's largest grain trader COFCO is setting up a venture with sovereign wealth fund China Investment Corp (CIC) to control COFCO's investments in Dutch trader Nidera and Noble Group Ltd's agribusiness.
Tuesday, May, 12, 2015 - Reuters - News

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Dutch goat's cheese gets protected EU status
BRUSSELS - A type of Dutch goat's cheese can now only be produced in the Netherlands after the European Union said on Tuesday it had registered it as protected, awarding it the same status as Greece's Feta and Italy's Parmesan.
Tuesday, May, 12, 2015 - Reuters - News

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Ahold, Delhaize in talks to create top 20 global retailer
BRUSSELS/AMSTERDAM - Supermarket groups Ahold and Delhaize are in talks to create a top 20 global retailer with a major presence in the United States, a move that would help them fight booming discounters by increasing their buying power.
Tuesday, May, 12, 2015 - Reuters - News

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U.S. small business confidence jumps
WASHINGTON - U.S. small business confidence increased in April with owners in the energy field surprisingly bullish about capital expenditure and hiring plans, further supporting views that economic growth was rebounding after a dismal first quarter.
Tuesday, May, 12, 2015 - Reuters - News

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At the gas pump, US biofuel lobby scores a point against big oil
NEW YORK - In a long-running battle between oil refiners and the U.S. farm lobby over the future of ethanol fuel, biofuel producers may have just made a small, but important dent in big oil's formidable defenses.
Tuesday, May, 12, 2015 - Reuters - News

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Amidst an oil boom, North Dakota produces premium caviar
WILLISTON, N.D. - North Dakota is known globally not just for prolific oil production, but also, it turns out, for caviar. A distinctly American version of the salty delicacy prized for centuries by Russian czars gets its start each May in the cool waters where the Missouri and Yellowstone rivers converge, the same spot where explorers Lewis and Clark camped two centuries ago.
Tuesday, May, 12, 2015 - Reuters - News

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Fast-track trade bill faces key test in U.S. Congress
WASHINGTON - The Pacific trade agreement faces its first test in the U.S. Senate on Tuesday in a knife-edge vote that may hold the key to President Barack Obama's diplomatic pivot to Asia.
Tuesday, May, 12, 2015 - Reuters - News

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Brazil meatpackers show supply-chain rules can protect forests
BARCELONA - Commitments by Brazilian slaughterhouses to buy cattle only from ranches that ceased clearing rainforests in the Amazon region of Pará led to a sharp drop in tree felling among their suppliers, researchers said.
Tuesday, May, 12, 2015 - Reuters - News

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Canada says will defend dairy protection at Pacific trade talks
OTTAWA - Canada will continue to defend a system of tariffs and quotas that protect dairy farmers, a senior official said on Monday, in comments that could worry nations negotiating a Pacific trade treaty.
Monday, May, 11, 2015 - Reuters - News

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El Nino seems all but certain, Asia braces for crop damage
SINGAPORE - In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia. Food prices surged. A closely watched forecast by Japan will confirm its return this year as all but certain now.
Monday, May, 11, 2015 - Reuters - News

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China's state firms cool on new derivatives power
HONG KONG/BEIJING - Chastened by several high-profile calamities in the recent past, many of the state companies China has freed to trade overseas derivatives will be sitting on their hands, put off by the risks or a lack of expertise.
Monday, May, 11, 2015 - Reuters - News

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Timeline: Tracing the bird flu outbreak in poultry flocks
The United States is facing its worst outbreak on record of avian influenza as three deadly strains have hit North American poultry flocks since December, with the spread of infection picking up speed in the last month.
Monday, May, 11, 2015 - Reuters - News

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As Cuba opens, Hollande seeks greater French role
HAVANA - French President Francois Hollande urged an end to the U.S. trade embargo of Cuba and envisioned a larger French role in Cuba's engagement with the West during the first visit by a French head of state to Cuba.
Monday, May, 11, 2015 - Reuters - News

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CME live cattle gains fade as funds roll positions
CHICAGO - Chicago Mercantile Exchange live cattle futures closed lower on Monday, paring early advances, after funds sold or rolled their June positions and bought deferred months, traders said.
Monday, May, 11, 2015 - Reuters - News

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Cal-Maine Foods hits record high as brokerage raises price target
Egg supplier Cal-Maine Foods Inc's shares touched a record high on Monday, after theflyonthewall.com said research firm Sidoti & Co raised its price target on the stock, citing better egg pricing power following a shortage of birds after an outbreak of avian influenza in the United States.
Monday, May, 11, 2015 - Reuters - News

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Planting ahead of schedule
Wheat traded with losses three of the four sessions last week with all exchanges once again hitting new weekly lows. The corn market traded to seven-month lows last week with rapid planting progress and widespread rain. As of the May 7 close, July soybeans were 10.25 cents higher for the week while November soybeans were up 10.25 cents.
Monday, May, 11, 2015 - - News

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