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Money managers’ net short in CBOT wheat futures and options rose to a 23-week high of 108,176 futures and options contracts as of Nov. 21 versus 89,271 a week earlier. That is funds’ most bearish corn stance since June 2020. wheat futures and optionsFunds’ Minneapolis wheat views remain near record-bearish, though they were slight net buyers in the week ended Nov. 21. On Monday, CBOT corn and all U.S. hard and soft wheat futures hit contract lows during trading, including the lowest price for most-active corn since December 2020. Open interest in CBOT soybean meal futures and options surged 4% during the week to another record of 671,039 contracts.
Persons: soyoil, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, Reuters, Thomson Locations: NAPERVILLE , Illinois, South America, Chicago, Kansas City, Minneapolis, K.C, U.S, Brazil
It's part of a statewide program requiring larger businesses to donate edible food and, if they can, recycle remaining food scraps. In 2015, the U.S. Department of Agriculture and Environmental Protection Agency announced a goal of 50% food waste reduction by 2030. California and Vermont have launched programs converting residents’ food waste into compost or energy, while Connecticut requires businesses, including larger food wholesalers and supermarkets, to recycle food waste. This is the problem.”Despite New York's success, advocates for food waste worry not enough is being done to meet the 2030 goal. “The best solution for food waste is to not have it in the first place,” Bender said.
Persons: , Sean Rafferty, wasn't, Rafferty, , Emily Broad Leib, Broad Leib, we’re, Sally Rowland, Danielle Vasquez, Vasquez, Betsy Quiroa, Quiroa, Kathryn Bender, ” Bender, let's, ” ___ Casey Organizations: Harvard Food Law, Policy Clinic, The U.S, Harvard University, Food Law, U.S . Department of Agriculture, Environmental Protection Agency, District of Columbia, New York, New, New York State, Westchester, Carver, Port, Social Security, University of Delaware Locations: New York, ” New York, United States, U.S, California, Vermont, Connecticut, Farmers, Maryland, New, Rhode, Massachusetts, Westchester County, Port Chester's, Westchester, ., Boston
In Canada, the wild pigs roaming Alberta, Saskatchewan and Manitoba pose a new threat. Wild pigs already cause around $2.5 billion in damage to U.S. crops every year, mostly in southern states like Texas. Eradication of wild pigs is no longer possible in Manitoba and Saskatchewan, Brook said. “The question is: What will be done about it?”Brook said Montana has been the most serious about keeping wild pigs out. It banned raising and transporting wild pigs within the state.
Persons: Ryan Brook, they've, Brook, They've, , ” Brook, Gary Nohrenberg, Mike Marlow, ” Marlow Organizations: University of Saskatchewan, Canada -, state’s Department of Natural Resources, U.S . Department of Agriculture, USDA Wildlife Services, Wildlife Services, USDA, Feral Swine Locations: MINNEAPOLIS, Canada, Minnesota, North Dakota, Montana, Alberta, Saskatchewan, Manitoba, North America, Texas, Canada - North Dakota, Vermont , New York , Pennsylvania, New Hampshire , Wisconsin, Washington
"It can be very challenging to raise kids on one income," said Cathy Curtis, founder and CEO of Curtis Financial Planning in Oakland, California. Experts shared these 3 financial tips for single mothers. After accounting for fixed expenses, Curtis said, "closely monitor and budget for variable and miscellaneous expenses." Single mothers also should make sure they're preparing for their own future, said Jennifer Bush, a certified financial planner with Mainstreet Financial Planning in San Jose, California. To manage fears and be prepared for such a scenario, Curtis said, single mothers should take some additional precautions.
Persons: Christopher Hopefitch, Cathy Curtis, Curtis, That'll, Jennifer Bush, Bush, Emma Johnson, Johnson Organizations: Bank, Getty, National Women's Law, U.S . Department of Agriculture, Curtis Financial, CNBC FA, Fidelity Investments Locations: Oakland , California, overspending, San Jose , California
The U.S. Department of Agriculture’s ” plant hardiness zone map ” was updated Wednesday for the first time in a decade, and it shows the impact that climate change will have on gardens and yards across the country. One key figure on the map is the lowest likely winter temperature in a given region, which is important for determining which plants may survive the season. It's calculated by averaging the lowest winter temperatures of the past 30 years. Winter temperatures and nighttime temperatures are rising faster than daytime and summer temperatures, Primack said, which is why the lowest winter temperature is changing faster than the U.S. temperature overall. “There are a lot of downsides to the warmer winter temperatures, too,” said Theresa Crimmins, who studies climate change and growing seasons at the University of Arizona and was not involved in creating the map.
Persons: Chris Daly, Richard Primack, ” Primack, Primack, , Theresa Crimmins Organizations: WASHINGTON, The U.S . Department, Oregon, Agricultural Research Service, Boston University, University of Arizona, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Boston, The, U.S
Veterinary laboratories in several states are investigating an unusual respiratory illness in dogs, and encouraging people to take basic precautions to keep their pets healthy as veterinarians try to pin down what's making the animals sick. Oregon, Colorado and New Hampshire are among the states that have seen cases of the illness, which has caused lasting respiratory disease and pneumonia and does not respond to antibiotics. Symptoms of respiratory illness in dogs include coughing, sneezing, nasal or eye discharge and lethargy. Some cases of the pneunomia progress quickly, making dogs very sick within 24 to 36 hours. Dogs have died, said Kurt Williams, director of the Oregon Veterinary Diagnostic Laboratory at Oregon State University.
Persons: Kurt Williams, Williams, David Needle, Robert Wood Johnson Organizations: Oregon Department of Agriculture, U.S . Department of, National Veterinary Services Laboratory, Oregon Veterinary Diagnostic, Oregon State University, University of New, Diagnostic, Hubbard, for Genome Research, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Oregon , Colorado, New Hampshire, Oregon, University of New Hampshire's New Hampshire, Rhode Island , New Hampshire, Massachusetts
The trend worries some U.S. lawmakers who fear corporate interest will make agricultural land unaffordable for the next generation of farmers. Investment firm acquisitions are also outpacing farmland purchases by foreign entities, according to data from the U.S. Department of Agriculture (USDA). Lawmakers debated this year whether to curtail foreign farmland ownership, concerned that adversaries might buy land to exert political influence. "If the next generation isn’t enticed to come back to the farm," he said, "then who’s going to own that land?" About 60% of U.S. farmland is farmer-owned and -operated, with the rest owned by non-farmer operators including individuals, trusts, and corporations, according to USDA.
Persons: Nuveen, Paul Schadegg, Tim Gibbons, isn’t, It’s, David Gladstone, Gladstone, Cory Booker, Bruce Sherrick, Leah Douglas, Richard Valdmanis, Anna Driver Organizations: Investment, Reuters, Manulife Investment Management, National Council of Real Estate Investment, United Nations, U.S . Department of Agriculture, Lawmakers, Senate, National Defense, Farmers National Company, Missouri Rural Crisis Center, USDA, Gladstone, Agriculture Committee, TIAA, Research, University of Illinois, Thomson Locations: U.S, United, China, Russia, Iran, North Korea, Missouri
The 4.6 million birds killed this year compares to the nearly 58 million birds the U.S. Department of Agriculture said were slaughtered last year in the first year of the outbreak. Retail turkey prices aren't tracked the same way, but USDA reports show that wholesale frozen turkey prices averaged $1.15 per pound in October, down from last year's $1.79 per pound and the previous year's $1.35 per pound. “I think there should be a lot of relief coming in the holiday season.”A combination of factors contributed to the sharp drop in bird flu cases this year. Officials say bird flu doesn’t represent a significant health threat. Bird flu vaccines are being developed and might help in the future, but at this point they remain impractical.
Persons: , Denise Heard, haven't, they're, , Jada Thompson, ” Heard, hasn't, It’s, John Clifford Organizations: U.S . Department of Agriculture, U.S . Poultry, Egg Association, U.S . Bureau of Labor Statistics, National Turkey Federation, University of Arkansas, Farmers, USDA, Export, USA, Egg Export Council Locations: OMAHA, Neb, Minnesota , Iowa, South Dakota, Iowa, Minnesota, Indiana, Turkey, United States
Additionally, tightness in U.S. soybean meal supplies related to Argentina’s extreme crop shortfall earlier this year has lent significant support to soybean and soymeal futures lately. Managed money net position in CBOT soybean futures and optionsIt was funds’ biggest net buying week in soybeans since early April, and both new longs and short-covering played an instrumental role. Managed money net position in CBOT soybean meal futures and optionsThe new managed money meal long is the biggest since mid-March and the largest ever for the date. CBOT soybean meal on Monday traded up the daily limit at one point, reaching the most-active contract’s highest since mid-March and notching another contract high for December meal. Most-active CBOT soybeans on Monday hit their highest price since Aug. 31, and most-active corn futures rose 2.9%, their biggest single-day percentage gain since July 24.
Persons: Karen Braun, Leslie Adler Organizations: U.S . Commodity Futures Trading Commission, China, U.S . Department of Agriculture, Reuters, Thomson Locations: NAPERVILLE, Ill, Brazil, Chicago
[1/2] Employees cut fresh beef meat into small pieces at the First Capitol Meat Processing plant in Corydon, Indiana U.S. January 31, 2022. "There's typically now a pretty big race to get product in under that quota," Sothmann said. The U.S. Department of Agriculture forecasts total U.S. beef and veal imports at about 1.6 million metric tons this year. Paraguay may eventually ship 3,250 to 6,500 metric tons annually, or 5% to 10% of the tariff-rate-quota for the countries without individual agreements, the USDA said. Analysts expect Paraguay to compete with producers like Brazil to supply lean beef that is blended with fattier U.S. supplies.
Persons: Amira Karaoud, Stephen Sothmann, Sothmann, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Import Council of America, Suppliers, U.S . Department of Agriculture, U.S, Thomson Locations: Corydon , Indiana, Paraguay, U.S, Brazil, Ireland, Japan, Namibia
Homebuyers put down an average of 13.8% of the home price in 2023, according to a Realtor.com analysis of the 150 largest real estate markets for the quarter ending in September. Here's a look at the 15 most expensive real estate markets, based on the median cost for a typical down payment on a home. In Killeen, Texas, median down payment is only $2,182. This includes Fayetteville, North Carolina; Shreveport, Louisiana; and El Paso, Texas, where median down payments are $5,000 or less. U.S. Department of Agriculture loans also require no down payment, which might lead to low down payments in relatively rural areas.
Persons: Homebuyers, That's, Freddie Mac, Warren Buffett Organizations: PMI, Santa, Thousand Oaks, Seattle, Boston, Cambridge, Fort, Stamford -, U.S . Department of Veterans Affairs, U.S . Department Locations: California, U.S, San Jose, Sunnyvale, Santa Clara , California, Francisco, Oakland, Berkeley , California, Santa Maria, Santa Barbara , California, Angeles, Long, Anaheim , California, Santa Rosa, Petaluma , California, Oxnard, Ventura , California, Tacoma, Bellevue , Washington, Diego, Chula Vista, Carlsbad , California, Newton , Massachusetts, New Hampshire, Fort Collins , Colorado, Sacramento, Roseville, Folsom , California, Naples, Marco Island, Florida, York, Newark, Jersey City , New York, New Jersey, Pennsylvania, Portland, Vancouver, Hillsboro , Oregon, Washington, Bridgeport, Stamford, Stamford - Norwalk , Connecticut, U.S . California, Killeen , Texas, Killeen, Fayetteville, North Carolina, Shreveport , Louisiana, El Paso , Texas
The decline in cattle numbers, after years of drought fried pasture lands used for grazing, led to soaring U.S. beef prices. Higher prices incentivize companies to import cheaper beef and discourage U.S. beef purchases by buyers like China, Japan and Egypt. For Tyson, the loss of U.S. export business compounds margin pressure from higher cattle prices, Goldman Sachs analysts said. U.S. beef exports typically command higher margins than domestic shipments, they said. The USDA on Thursday raised its forecasts for beef imports in 2023 and 2024 in a monthly report.
Persons: Amira Karaoud, world's, Tyson, Cargill, Pete Bonds, Bonds, Goldman Sachs, Donnie King, Katelyn McCullock, McCullock, Derrell, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Tyson, U.S . Department of Agriculture, USDA, U.S ., U.S, Marketing, Center, Oklahoma State University, Thomson Locations: Corydon , Indiana, United States, China, Japan, Egypt, Texas, U.S, Tyson's, Florida, South Carolina, Australia, New Zealand, Paraguay, Paraguayan, Mexico
An additional 1.2 million chickens will be slaughtered to prevent the spread of the bird flu after the virus was confirmed on an Iowa egg farm in the second massive case this week. Earlier this week, 1 million chickens were killed on a Minnesota egg farm. Political Cartoons View All 1240 ImagesIowa remains the hardest hit state in the nation, with more than 17 million birds killed there since the outbreak began. In one case last year, 5 million chickens were slaughtered on a single Iowa egg farm. Nebraska comes next with more than 6.7 million birds killed, followed by Colorado's 6.26 million and Minnesota's 5.6 million.
Organizations: Iowa Department of Agriculture, Land Stewardship, U.S . Department of Agriculture, Farmers Locations: Iowa, Taylor County, Minnesota, Nebraska, Minnesota , South Dakota
Stephanie Land Source: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. Annie Nova: I notice that whenever you've been faced with a big setback or problem, you don't really have time to feel much about it. So, it didn't really feel helpful. We really didn't have that much stuff. I don't think my daughter was really affected by it all that much because she was so little.
Persons: Stephanie Land, Simon, Schuster Stephanie Land's, Emilia, , Annie Nova, you've, I've, Schuster, they've Organizations: Netflix, Higher, U.S . Department of Agriculture, Finance, Social Security, CNBC, SL Locations: U.S, Europe
USDA pegged U.S. corn yield at 174.9 bushels per acre, up from 173 last month and above nearly all estimates, which on average predicted a slight increase. It was the most bearish corn yield in a November report since 2017. That could negatively impact Brazil’s second corn production, as was the case after the 2015-16 El Nino, rerouting corn demand to the United States. USDA left Brazil’s 2023-24 soy crop unchanged at 163 million metric tons this month, but it raised the prior crop by 2 million tons to 158 million, suggesting exports are outperforming prior crop expectations. However, USDA has flashed 2.85 million tons (105 million bushels) of U.S. soybean sales so far this week, mostly to China and unknown destinations.
Persons: Dane Rhys, El, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department, USDA, El Nino, Reuters, Thomson Locations: Deerfield , Ohio, U.S, Rights NAPERVILLE , Illinois, Brazil, United States, China
The trade’s idea of corn yield lines up with past similar years. Other than 2023, the last three times that soybean yields fell in August, September and October were 2008, 2003 and 1999. Crop Watch results generally support these predictions since the 11-field soybean yield ended up close to the season’s lowest score while corn yields bounced a bit at the end. It has been 15 years since the agency lowered Brazil’s soy crop between October and November. 2024Without severe crop losses in Brazil’s soy or corn this year, U.S. supplies, especially corn, could balloon in 2024-25.
Persons: USDA’s, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, South, Reuters, SOUTH AMERICA, Consultancy, USDA, Thomson Locations: NAPERVILLE , Illinois, U.S, USDA, Mato Grosso, Argentina
Where are the 12 US gov't funding bills to avert shutdown?
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +7 min
But first, the House and Senate would have to agree upon the overall dollar amount of spending for the 12 bills combined. The Senate passed its version as part of a three-bill package on Nov. 1 with strong bipartisan support. DEFENSEOne of the largest of the 12 bills funds the Department of Defense - the Army, Navy, Air Force and the CIA. The Senate's version passed out of committee on July 27. The Senate's version passed out of committee on July 27.
Persons: Jon Cherry, shutdowns, Joe Biden, Biden, Kevin McCarthy, Moira Warburton, Aurora Ellis Organizations: U.S . Capitol, REUTERS, Rights, Democratic, Republican, Senate, of Veterans Affairs, Army, Navy, Air Force, U.S . Department of Agriculture, Food and Drug Administration, of Transportation, Federal Aviation Administration, Department of Housing, Urban, House Republicans, Amtrak, Department of Defense, CIA, Department of Energy, Nuclear Regulatory, of, of Indian Affairs, Land Management, Environmental Protection Agency, The, Department of Homeland Security, FBI, Federal Emergency Management Agency, Department of State, Agency for International Development, Peace Corps, Congress, Capitol Police, of Congress, Office, Treasury, of Columbia, Federal Trade Commission, COMMERCE, of Commerce, U.S . Census, U.S . Patent, Department of Justice, Republicans, HUMAN, of Education, Department of Health, Human Services, Department of Labor, Social Security Administration, National Labor Relations Board, Thomson Locations: Washington , U.S, United States, New York, U.S, Washington
Imported soybeans are transported at a port in Nantong, Jiangsu province, China August 6, 2018. If confirmed, Tuesday's sales would be the largest single-day soybean purchases by the world's top soy importer since late July, according to U.S. Department of Agriculture (USDA) daily sales data. They were the latest in a series of soy import deals since late last week by Sinograin, China's state-owned importer, according to three export traders with knowledge of the deals. Total purchases over that time were estimated at as much as 20 to 25 cargoes, two traders said. Confirmed sales to China as of late October were down 35% from a year ago, and sales to all destinations were down 28%.
Persons: Stringer, Sinograin, Brazil's, Karl Plume, Marguerita Choy, Bill Berkrot Organizations: REUTERS, Rights, U.S . Department of Agriculture, High, USDA, Traders, Thomson Locations: Nantong, Jiangsu province, China, Gulf Coast, Pacific Northwest, U.S, Brazil, China's, High U.S, Chicago
Looking at export inspection data versus export sales data suggests that the actual shipments, not demand, are the standout factor. USDA predicts U.S. wheat exports at a 52-year low of 19.05 million tons in 2023-24, which began on June 1. As of Oct. 26, export sales totaled 11.4 million tons, some 60% of the full-year target, above the date’s recent average of 58%. USDA’s projections call for 2023-24 U.S. wheat exports to decline 8% on the year, and export sales were down 7% as of Oct. 26. Since June 1, wheat export inspections at the U.S. Gulf are down 40% from a year ago, while the Pacific Northwest volume is down 16%.
Persons: Karen Braun, Matthew Lewis Organizations: Weekly, U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, States, U.S, Mississippi, Gulf, Pacific, Pacific Northwest, China, United States
Nearly 1 million chickens on a Minnesota egg farm will be slaughtered to help limit the spread of the highly contagious bird flu after it was confirmed there, officials said Monday. The Minnesota farm is the first egg-laying operation where bird flu has been found this year. Even after 940,000 chickens on the Minnesota farm are slaughtered, there will only have been about 3.4 million birds killed this year. Political Cartoons View All 1234 ImagesMinnesota has now lost a total of more than 5.5 million birds since the outbreak began. Egg farms like the one in Minnesota tend to have the most birds on any one farm.
Organizations: U.S . Department of Agriculture Locations: Minnesota, Wright County , Minnesota, South Dakota, Iowa, McPherson County, Iowa’s Clay County, Turkey, Minnesota , South Dakota
Tyson recalls 30,000 pounds of Dino Chicken Nuggets
  + stars: | 2023-11-05 | by ( ) www.reuters.com   time to read: +1 min
The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 5 (Reuters) - U.S. food company Tyson Foods (TSN.N) has said it was voluntarily recalling approximately 30,000 pounds of frozen, fully cooked dinosaur-shaped chicken “Fun Nuggets” or Dino Chicken Nuggets. The company said the recall includes Tyson brand fully cooked “Fun Nuggets” sold to retailers in 29-ounce packages. The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said Tyson food is recalling around 30,000 pounds of fully cooked breaded chicken in a release on Saturday. It said it has received no additional reports of injury or illness from consumption of these products.
Persons: Arnd, Dino, Tyson, FSIS, Scott DiSavino, Aurora Ellis Organizations: Tyson Foods, REUTERS, U.S . Department of Agriculture’s, Inspection, Thomson Locations: Davos, Switzerland
Tyson Foods is recalling nearly 30,000 pounds (13,600 kilograms) of breaded chicken ""Fun Nuggets'' after consumers complained of finding metal pieces in the dinosaur-shaped patties. Tyson informed the U.S. Department of Agriculture's Food Safety and Inspection Service and said it recalled the nuggets voluntarily “out of an abundance of caution.'' USDA said that there had been only one report of a ”minor oral injury associated with consumption of this product.'' They were shipped to distributors in Alabama, California, Illinois, Kentucky, Michigan, Ohio, Tennessee, Virginia and Wisconsin to be passed on to retailers. The USDA urged consumers with the nuggets in their freezers to throw them out or return them to the place of purchase.
Persons: Tyson Organizations: U.S . Department of Agriculture's, Inspection Service, USDA, Associated Press Locations: , Arkansas, Alabama , California , Illinois , Kentucky, Michigan , Ohio , Tennessee, Virginia, Wisconsin
Tyson Foods is recalling nearly 30,000 pounds of its dinosaur-shaped chicken nuggets after some consumers said they found small metal pieces in them, federal officials said. The recall, which was announced on Saturday, involves 29-ounce plastic bags of the product, which is called “Fully Cooked Fun Nuggets Breaded Shaped Chicken Patties,” the U.S. Department of Agriculture’s Food Safety and Inspection Service said in a statement. The recall affects approximately 29,819 pounds of the dinosaur-shaped nuggets, which were produced on Sept. 5 by the Arkansas-based food processing company. The bags affected have a “best if used by” date of Sept. 4, 2024, and lot codes 2483BRV0207, 2483BRV0208, 2483BRV0209 and 2483BRV0210, the statement said. The packaging features cartoon dinosaurs, one green and one red, looking over a plate of the breaded nuggets.
Persons: Tyson Organizations: U.S . Department of Agriculture’s, Inspection Service Locations: Arkansas
The tiny, half-pint cartons of milk served with millions of school lunches nationwide may soon be scarce in some cafeterias, with districts across the country scrambling to find alternatives. The problem is not a shortage of milk itself, but the cardboard cartons used to package and serve it, according to dairy industry suppliers and state officials. The shortage is affecting the company’s ability to “fully supply some school milk orders,” according to Matt Herrick, spokesperson for the International Dairy Foods Association. In Clarence, New York, local school district officials told parents they plan to provide “small bottles of water or cups of milk with lids” if the cartons run out. In Everett, Washington, school officials told parents to expect a disruption in cafeteria milk supply that could “range up to several months.”Herrick said U.S. milk processors are working with other package suppliers to resolve the shortage.
Persons: North America ”, , Matt Herrick, , Jayme Taylor, , ” Herrick Organizations: International Dairy Foods Association . School, U.S . Department of Agriculture, Nutrition Service, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Lake Forest , Illinois, North America, New York , Pennsylvania, California, Washington, U.S, Clarence , New York, Lake Stevens , Washington, Seattle, , Everett , Washington
Southeast Asia a high priority market: U.S. agriculture official
  + stars: | 2023-11-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoutheast Asia is an 'extremely high priority' market for us: U.S. agriculture department officialAlexis Taylor, under secretary at the U.S. Department of Agriculture, says China will continue to be an important market even as the U.S. pursues diversification.
Persons: Alexis Taylor Organizations: U.S . Department of Agriculture Locations: Asia, U.S, China
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