U.S. Thanksgiving turkey dinner to be easy on the wallet

Reuters / Americans will be able to enjoy relatively cheap Thanksgiving turkeys this year, thanks to many retailers locking in their costs before a drought this year drove up U.S. feed prices. And retailers are determined to keep prices for the traditional Thanksgiving main course as low as possible, even though sky-high corn prices have



U.S. group raps China over proposed rice import rules

Reuters / Chinese proposals to assure that any rice imported from the United States is safe and free of pests are “onerous and restrictive,” a U.S. rice trade group said Nov. 2, forecasting long negotiations before sales can go ahead. U.S. groups have pursued access to China, the world’s largest rice consumer, since 2006. Although


EU may extend zero import duties

Reuters / The European Union’s cereals management committee will vote Nov. 8 on whether to extend the suspension of the bloc’s import duties on feed wheat and barley until the end of June 2013, a draft regulation showed. In June, the European Union suspended its import duties of 12 euros per tonne for low- and

TV network wants federal court to hear “pink slime” lawsuit

Reuters / ABC News wants a Federal Court to deal with a meat processor’s defamation lawsuit over reports about lean finely textured beef, a product that critics have labelled “pink slime.” Lawyers for the network filed to transfer the case, brought last month by Beef Products Inc., the leading producer of the product, from of


USDA hears earful about corn estimates at annual meeting

Reuters / Top U.S. agriculture officials Monday were to face questions about quarterly estimates for corn inventories that have frustrated traders and roiled markets for the past two years. Traders said they would raise their concerns about supply estimates at the U.S. Department of Agriculture’s annual meeting in Chicago for users of agricultural data. The

The truth is out there

For some reason, the once popular sci-fi television series “The X-Files” came to mind last week as the unfolding debacle at XL Foods led to an ever-widening beef recall — and not just because of the X in the company’s name. There’s something surreal about advice from public health officials telling you to go to


Ag secretary says U.S. isn’t “going to run out of corn”

washington / reuters U.S. Agriculture Secretary Tom Vilsack says tight corn stocks aren’t a cause for concern. “We really have to wait until the kernels are counted and the (soy) beans are counted to know the impact of the drought,” said Vilsack. “I don’t think the United States of America is going to run out

Producers cash out before calf market nosedives

With his calculator at the ready beside him, Pipestone-area rancher Bob Forder watched as the first lot of “good solid” black calves at Heartland Livestock Services’ first fall pre-sort sale came through the ring. When the bidding stopped at $1.725 per pound for the lot averaging 533 lbs, a fellow in the row in front of him turned