Edition:
United States

Christine Stebbins

CME fields complaints on soy crush spread after futures pits close

Jul 23 2015

CHICAGO, July 23 CME Group is looking into complaints by grain brokers who say the exchange's trading platform cannot accommodate some popular spread trades involving soybean futures after the July 6 close-down of century-old futures trading pits, traders said on Thursday.

Closing of Chicago trading pits: a requiem for family ties

Jul 03 2015

CHICAGO Thomas Cashman was not long out of law school when his dad, Tom, brought him to the Chicago Board of Trade soybean pit in 1994. The two spent the next 10 years trading side by side, until Thomas moved upstairs to begin trading on computer screens.

USDA says backing push to expand "bio-economy"

Jun 17 2015

CHICAGO, June 17 The productivity and innovation of U.S. agriculture is driving a transformation to bio-based products across the economy that is supporting millions of jobs and significantly displacing fossil fuels, according to a study from the U.S. Department of Agriculture on Wednesday.

Farm loans keep rising in U.S. grain belt as cash squeeze tightens

Apr 22 2015

CHICAGO, April 22 Farmers in the central U.S. grain and livestock states continued to take out new operating loans in the first quarter of 2015 as low grain prices failed to cover high costs for seed, rents and crop chemicals ahead of spring field work, the Federal Reserve Bank of Kansas City said on Wednesday.

Vilsack says pleased with Farm Bill sign-up, results likely in May

Apr 15 2015

CHICAGO U.S. Agriculture Secretary Tom Vilsack said on Wednesday he is pleased with the number of grain farmers signing up for the new five-year federal farm bill’s main crop supports, but final results will not be available for another month.

U.S. pushing organic crops as demand grows

Apr 15 2015

CHICAGO, April 15 The U.S. government will boost support for production of organic crops and produce this year to meet growing consumer demand and boost rural incomes, U.S. Agriculture Department Secretary Tom Vilsack said on Wednesday.

U.S. wheat crop worries build as drought expands in Plains, West

Apr 02 2015

CHICAGO, April 2 Drought pressures intensified in the U.S. Plains hard red winter wheat fields in the past week with rain forecast next week only for the northern portions of the belt while many parched western areas will likely remain dry, meteorologists said on Thursday.

PREVIEW-U.S. soybean plantings seen up in 2015 despite falling prices, corn lower

Mar 30 2015

CHICAGO, March 30 U.S. farmers will plant more soybeans, sorghum and other grains than last spring, and less corn, a more expensive crop to grow, as they face their tightest finances in a decade, analysts said before the government's closely watched plantings report on Tuesday.

Forecaster sees favorable weather for U.S. grains this season

Mar 26 2015

CHICAGO, March 26 A cool April in the U.S. southern Plains and Delta region will slow some planting of corn, soybeans and other crops but below-normal rainfall across the main crop belt should prevent any major planting delays this spring, an agricultural meteorologist said on Thursday.

USDA says a quarter of farmers yet to select subsidies

Mar 26 2015

CHICAGO, March 26 About 25 percent of U.S. farmers have yet to make their final selections for the government's new crop subsidies with the deadline to enroll less than a week away, the U.S. Department of Agriculture said on Thursday.

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