Carey's Feed
Apr 11, 2013

Storms rip through Missouri, Arkansas; homes damaged

, April 11 (Reuters) – A severe storm
spawning hail, driving rain and a possible tornado roared
through parts of Missouri and Arkansas overnight leaving a trail
of damage in its wake, as a broader storm system stretched from
Texas to Pennsylvania.

Missouri Governor Jay Nixon declared a state of emergency in
the St. Louis area where about 25 homes in the suburb of
Hazelwood sustained damage from high winds and falling trees.

Apr 11, 2013

Spring storms unleash heavy snow, tornadoes in central U.S

KANSAS CITY, Missouri (Reuters) – Spring storms unleashed heavy snow, rain and high winds, including tornadoes, across parts of the central United States on Wednesday, leaving thousands of residents and businesses without power and causing scattered property damage.

At least three people were taken to the hospital with injuries attributed to severe weather in Van Buren County, Arkansas, where an apparent twister tore through a church near the town of Clinton, damaged other buildings and uprooted trees, officials said.

Apr 10, 2013

Storms bring heavy snow, hail, rains to central U.S

KANSAS CITY, Missouri (Reuters) – High winds and heavy snow and rain whipped through parts of the central United States on Wednesday, knocking out power for thousands of people and closing schools and businesses.

Storm watchers were tracking a line of severe weather from Arkansas through southeastern Missouri into Illinois, Indiana and Ohio, with tornado watches issued by the National Weather Service Storm Prediction Center for Arkansas and Missouri.

Apr 10, 2013

Central U.S. spared the worst of forecasts, but rains, snow ahead

, April 10 (Reuters) – Forecasts for severe
weather, including tornadoes, failed to materialize overnight in
the central U.S. region, prompting a sigh of relief from
residents early on Wednesday.

“We dodged a big bullet yesterday and last night. I don’t
know why things changed but I’m glad they changed,” said Pat
Slattery, spokesman for the National Weather Service in Kansas

Apr 3, 2013

Monsanto beats expectations, raises full-year outlook

By Carey Gillam

(Reuters) – Monsanto Co (MON.N: Quote, Profile, Research, Stock Buzz), the world’s largest seed company, raised its full-year profit forecast on Wednesday after reporting a better-than-expected second quarter driven by strength in its global corn business.

Its shares rose nearly 2 percent in premarket trading after the company, a leading developer of genetically engineered corn, soybeans and other crops, said it expects to sell a record amount of corn this year.

Mar 26, 2013

Monsanto, DuPont settle antitrust, patent lawsuits, set new deal

March 26 (Reuters) – Monsanto Co and DuPont
have settled a bitter legal battle over rights to technology for
genetically modified seeds and will drop antitrust and patent
lawsuits against each other in U.S. federal court, the companies
said on Tuesday.

The deal tosses out a $1 billion verdict that DuPont owed
Monsanto. Instead, it calls for DuPont to make at least $1.75
billion in royalty payments over several years while giving its
Pioneer agricultural seeds unit broad access to develop products
using Monsanto’s leading genetic technology.

Mar 21, 2013

Groups sue EPA over honey bee deaths, blame some insecticides

March 21 (Reuters) – U.S. environmental regulators are
failing to protect honey bees and their role in pollinating
important food crops, and should immediately suspend use of some
toxic insecticides tied to the widespread deaths of the bees, a
lawsuit filed on Thursday charges.

“It is a catastrophe in progress,” said migratory bee keeper
Steve Ellis who maintains 2,000 bee hives for pollinating crops
from Minnesota to California. “We have an ongoing problem that
is worsening.”

Mar 12, 2013

Ethanol RIN values fall after rapid run higher

March 12 (Reuters) – U.S. ethanol blending credits, known as
RINs, took a volatile ride on Tuesday, losing nearly half their
value in early trading but later staging a swift partial

The 2013 “vintage” ethanol RINs were trading around 90-92
cents per gallon Tuesday afternoon after trading in the mid-60s
to 70-cent range earlier, trading sources said. On Monday, the
blending credits for 2013 were trading between $1.05 and $1.13,
well up from the mid-20 cents at the end of January.

Mar 5, 2013

Flour power:ConAgra, Cargill, CHS to create mega-miller

March 5 (Reuters) – Giant U.S. food and grain-handling
companies ConAgra Foods Inc, Cargill and CHS
Inc plan to combine their North American flour milling
businesses into a new venture that would control more than a
third of U.S. capacity, dwarfing all competitors in size and
market reach.

Dubbed Ardent Mills, the operation would encompass 44 flour
mills with locations coast to coast, from California to
Massachusetts as well as bakery mix and specialty bakery
facilities, with footholds in Canada and Puerto Rico.

Mar 5, 2013

Flour power: ConAgra, Cargill and CHS combine milling

March 5 (Reuters) – Giant U.S. food and grain-handling
companies ConAgra Foods Inc, Cargill and CHS
Inc on Tuesday said they plan to combine their North
American flour milling businesses into a new company called
Ardent Mills.

The venture, which the companies expect to launch later this
year, encompasses 44 flour mills, three bakery mix facilities
and a specialty bakery, with locations in the United States,
Canada and Puerto Rico.

    • About Carey

      "Generalist/Commodities, with responsibilities for coverage of agricultural markets, issues and companies, including Monsanto and DuPont; as well as general and political news; and equities coverage of trucking and rail companies. Provide backstop for Treasury as needed."
    • Follow Carey