Food and beverage company WhiteWave Foods has bought Earthbound Farm in a $600m all-cash deal. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh fruits and vegetables, frozen fruits and ...
Tags: WhiteWave Foods, Organic Food
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday dropped 13.58 cents, or 12.47%, to a seven-week low of $0.9535/gallon, a review of US Department of Agriculture and Platts data ...
Tags: Ethanol Output, Chemicals
Closing Grain and Livestock Futures Prices Mar. corn closed at $4.23 and 1/2, up 3 cents Jan. soybeans closed at $12.89 and 1/4, up 2 and 1/4 cents Jan. soybean meal closed at $424.50, up 70 cents Jan. soybean oil closed at 38.34, ...
Tags: soybeans, crop development conditions, wheat, corn, crop price
A third or more of all the honey consumed in the U.S. is likely to have been smuggled in from China and may be tainted with illegal antibiotics and heavy metals. A Food Safety News investigation has documented that millions of pounds of ...
Tags: honey, Chinese honey, food safety
Last week, USDA Economic Research Service (ERS) released their estimates of monthly average retail meat prices for November. According to this data, beef prices continue to edge higher. Both average Choice and All Fresh retail beef prices ...
Tags: Meat, Agriculture, Food
The January US benzene contract price rose to a settlement of $4.84/gal ($1,448.62/mt), sources said Thursday. The settlement is up 36 cents and 37 cents from December's split settlement of $4.48/gal and $4.49/gal. Market participants ...
Tags: Benzene CP, Chemicals
All three wheat futures closed lower than the last report on December 20. Abundant world supplies and weakness in the corn market pushed futures to their lowest point since May 2012 on Thursday. Bargain buying on Friday helped notch the ...
Tags: Wheat, Agriculture, Food
USDA has proposed opening U.S. markets to beef from certain states in Brazil that are free of foot and mouth disease. FMD is controlled in Brazil through vaccination. The proposed change will make many in the U.S. beef industry nervous. ...
Tags: Agriculture, Food
Most of the attention to USDA's hogs and pigs reports is focused on their quarterly numbers. They also publish monthly estimates as part of the quarterly reports. Perhaps the most import number in the December 27 report was their estimate ...
Tags: Agriculture, Food
Feed-in tariffs (FIT) have been the preferred policy in many regions of the world to help support investors to rapidly increase installation of renewable energy installations projects and markets. Under most FITs, homeowners, businesses, ...
Tags: Feed-in Tariffs, PV Demand
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
On Friday, the CME Group's corn, soybean and wheat markets are expected to start higher. The early calls for the commodities on Friday, January 3, 2013, are higher. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents higher, and ...
Tags: Corn, Soybeans, Agriculture, Food
The CME Group's corn, soybean and wheat markets are expected to start lower. The early calls for the commodities on Thursday, January 2, 2013, are lower. Corn is seen opening 1-2 cents lower, soybeans 1-2 cents lower, and wheat 1-2 cents ...
Tags: Agriculture, Food
On Thursday, the CME Group corn market is leading the way up, soybeans down. At mid-session, the March corn futures contract is trading 1 1/2 cents higher at $4.23. The March soybean futures contract is trading 18 cents lower at $12.76. ...
Tags: Agriculture, Food, Corn, Soybeans