Michael's Feed
Jun 26, 2015

U.S. Big Corn goes after old foe, sugar, with new lobbying tactic

CHICAGO (Reuters) – The powerful U.S. corn lobby is launching an unusual offensive against the country’s sugar sector, an old foe in the lucrative sweetener market: seeking to overturn the controversial, near-century old U.S. sugar program.

The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar’s long-protected status, a spokesman for the organization said on Thursday.

Jun 16, 2015

Weather makes impatient Chicago wait a while for Stanley Cup

CHICAGO (Reuters) – Chicago Blackhawks fans waited 77 years for their team to win the Stanley Cup on home ice, and then had to wait just a little bit longer, thanks to an inclement weather.

Torrential rains and a rare tornado warning, with a funnel cloud spotted just south of the city, almost prevented the Cup from reaching the United Center, where the Blackhawks beat the Tampa Bay Lightning four games to two on Monday.

Jun 16, 2015

Blackhawks beat Lightning to claim Stanley Cup

CHICAGO (Reuters) – Duncan Keith and Patrick Kane gave Chicago all the offense they needed as the Blackhawks shut out the Tampa Bay Lightning 2-0 to win their third Stanley Cup in six years.

Keith banged in his own rebound late in the second period, giving goalie Corey Crawford all he would need for the win, and spoiling a fabulous effort by Tampa Bay goalie Ben Bishop, who turned aside 30 Chicago shots.

Jun 12, 2015

Wheat falls to 1-1/2 week low as supply risks ease

CHICAGO, June 12 (Reuters) – U.S. wheat futures fell to
their lowest level in 1-1/2 weeks on Friday, surrendering more
gains from a recent rally, weighed down by plentiful supplies
and slow export sales.

Corn and soybean prices also eased, with overall favorable
U.S. crop conditions contributing to the downward pressure on
prices.

Jun 12, 2015

U.S. distillers’ grains prices tumble on China cancellation talk

CHICAGO, June 12 (Reuters) – Prices for U.S. distillers’
dried grains with solubles (DDGS) fell more than $15 per short
ton this week on chatter that top importer China was cancelling
cargoes or pushing back deliveries until autumn, export sources
said on Friday.

China cancelled two bulk vessels of U.S. DDGS and could
cancel as many as six more cargoes, two sources said. The
vessels can hold as much as 55,000 tonnes of DDGS, a
protein-rich animal feed that is a byproduct of corn-based
ethanol.

Jun 11, 2015

Wheat slips to 1-week low after USDA raises supply outlook

CHICAGO, June 11 (Reuters) – U.S. wheat futures extended
losses to the lowest levels in a week on Thursday, pressured by
gains in the dollar and after the U.S. Department of Agriculture
raised its supply outlook.

Soybeans and corn also eased as the higher greenback made
U.S. goods less attractive in international markets. The dollar
climbed as a surge in U.S. retail sales could push the Federal
Reserve to boost interest rates by September.

Jun 11, 2015

Crawford steals spotlight as Blackhawks beat Lightning 2-1

By Michael Hirtzer

(Reuters) – Chicago netminder Corey Crawford stood tall and Brandon Saad scored the winner as the Blackhawks beat the Tampa Bay Lightning 2-1 to square the Stanley Cup final at two games each on Wednesday.

Crawford was strong early and even stronger in the game’s closing minutes, stopping a flurry of shots including two point-blank rips from Steven Stamkos with an extra skater on the ice for Tampa Bay.

Jun 10, 2015

Wheat falls most in two weeks as USDA boosts supply outlook

CHICAGO, June 10 (Reuters) – U.S. wheat futures tumbled more
than 3 percent on Wednesday, on pace for their largest losses in
two weeks, after the U.S. Department of Agriculture in a monthly
supply and demand report boosted its production forecast for the
winter wheat crop.

Corn futures also were lower at the Chicago Board of Trade,
pressured by plentiful domestic and global grain supplies, while
soybean futures were narrowly mixed.

Jun 9, 2015

Hedman’s passes loom large for Lightning in Game Three win

CHICAGO (Reuters) – The Tampa Bay Lightning’s 3-2 Game Three win over the Chicago Blackhawks in the Stanley Cup Finals on Monday was defender Victor Hedman’s “coming-out party,” according to Lightning coach Jon Cooper.

The imposing Swede, who stands 6 feet, 6 inches (198 cm), extended his franchise-record playoffs points total for defenseman with his second straight multi-assist game.

Jun 9, 2015

Lightning score late to take series lead vs Blackhawks

CHICAGO (Reuters) – The Tampa Bay Lightning shrugged off a hostile Chicago crowd to score twice in the third period and beat the Blackhawks 3-2 on Monday, giving them a 2-1 lead in the Stanley Cup Final.

After a split of the opening two games in the best-of-seven series, Chicago looked like they would seize the advantage when Brandon Saad put them 2-1 up early in the third.