Latest Oilseed farming News

'Like quicksand': Ohio farmer survives soybean entrapment

Jun. 15, 2019 11:19 AM EDT

COLUMBUS, Ohio (AP) — The sea of shifting soybean kernels had risen to Jay Butterfield's knees inside a tall grain bin on his Ohio farm. "I knew I was in trouble then," the 70-year-old said. "Because it's just like being in quicksand or cement." Sometimes a job becomes so routine and familiar that...

Cargill to spend $30M for ideas to end Brazil deforestation

Jun. 13, 2019 3:46 PM EDT

MINNEAPOLIS (AP) — Cargill Inc. said Thursday the Minnesota-based agribusiness giant will spend $30 million to fund new ideas for ending deforestation in Brazil, and called on its peers, governments and organizations to work together to come up with real solutions. Minnetonka-based Cargill is a major...

USDA: Weather delay cuts corn crop to smallest in 4 years

Jun. 11, 2019 3:19 PM EDT

DES MOINES, Iowa (AP) — The U.S. Department of Agriculture has lowered its estimate of this year's corn crop to the lowest in four years, saying wet weather has delayed planting and reduced acres planted and the expected per-acre yield. The expected production was cut in a monthly report released Tuesday...

Extradition hearing for Huawei executive set for January

Jun. 6, 2019 5:22 PM EDT

VANCOUVER, British Columbia (AP) — An extradition hearing will begin in January for a top executive of the Chinese tech company Huawei wanted by the U.S on fraud charges. British Columbia's Supreme Court on Thursday accepted a proposal by Meng Wanzhou's defense team to start her hearing Jan. 20, more than...

Soggy fields leave Midwestern farmers with few good answers

May. 30, 2019 6:46 PM EDT

DES MOINES, Iowa (AP) — Between the country's trade dispute with China and the seemingly endless storms that have drenched the central U.S., Iowa farmer Robb Ewoldt has had plenty of time to think about whether it's too late to plant this season, how much federal aid he might get if he does or whether to...

Escalating trade war causing anxiety in America's heartland

May. 14, 2019 5:32 PM EDT

BISMARCK, N.D. (AP) — When President Donald Trump began talking about tariffs in 2017, Upper Midwest soybean farmer Jamie Beyer suspected that her crop could become a weapon. Two years later, she and her family are watching the commodity markets on an hourly basis as an escalating trade war between the...

China retaliates on tariffs, stock markets go into a slide

May. 13, 2019 9:36 PM EDT

BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...

The Latest: Trump threatens more action in China trade fight

May. 13, 2019 7:35 PM EDT

WASHINGTON (AP) — The Latest on the tariffs battle between China and the United States (all times local): 2:35 p.m. President Donald Trump says he's going to take further action to help the nation's farmers in the midst of an escalating trade war with China. Trump is telling reporters that China has been...

US farmers who sell to China feel pain of Beijing's tariffs

May. 13, 2019 7:10 PM EDT

DES MOINES, Iowa (AP) — China's announcement Monday of higher tariffs on $60 billion of American exports — retaliation for President Donald Trump's latest penalties on Chinese goods — hit particularly hard in the farm belt. China's vast consumer market has been a vital source of revenue for...