Thursday, October 14th 2010 - 05:32 UTC

Argentine farmers warn on deteriorating conditions for agriculture and livestock

SRA president Hugo Luis Biolcati: ten million head of cattle lost since the Kirchner couple arrived

The combination of policies from the Argentine presidential Kirchner couple and scarce rainfall have had devastating consequences for agriculture and livestock breeding, claimed Hugo Luis Biolcati president of the Argentine Rural Society, SRA, the country’s strongest farmers’ lobby.

Wednesday, October 13th 2010 - 23:36 UTC

FAO promotes agriculture resources in Eastern Europe and Central Asia

Soils are better and 13 million hectares are waiting to return to full production

The countries of Central and Eastern Europe and Central Asia have vast untapped agricultural resources and can play a vital role in improving world food security, the FAO and EBRD (European Bank for Reconstruction and Development) said at the opening of a two-day meeting in Istanbul this week.

Tuesday, October 12th 2010 - 06:59 UTC

China resumes purchases of Argentine soy beans banned since April

Argentine Ambassador to China Cesar Mayoral

China’s two largest state-owned grains and oilseeds trading companies to import soybean oil from Argentina, easing restrictions imposed in April. Beijing-based Cofco Ltd., China’s biggest grain trader, and China Grain Reserves Corp. have been cleared by the commerce ministry to import soybean oil from Argentina.

Tuesday, October 12th 2010 - 06:36 UTC

UN corn and soybean futures resumed rally on Monday

The rally was fuelled by the US Agriculture Department estimates

United States corn and soybean futures resumed their rally Monday as a surprising government crop report from last week continued to drive concerns over supplies.

Friday, October 8th 2010 - 00:12 UTC

Brazil forecasts crop will reach a record 148.9 million tons in 2010 farm year

Soybeans with 68.7 million tons are almost half the total harvest

Brazil forecasts a record crop of cereals and oilseeds totalling 148.9 million tons, the largest ever, according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.

Wednesday, October 6th 2010 - 22:47 UTC

GM cultivation totalled 134 million hectares in 2009; 77% soybeans, 49% cotton

Soybean country Brazil experienced the greatest leap in 2009

The cultivation of genetically modified plants increased globally in 2009 with the field area rising by nine million hectares over 2008 to a total of 134 million.

Monday, October 4th 2010 - 22:40 UTC

Zoellick calls for the reinstatement of emergency food aid program

Soaring wheat prices force hikes in substitutes

World Bank president Robert Zoellick expressed concern about the renewed speculation with agriculture commodities which in the last months have seen prices of food in developing countries soar

Saturday, September 25th 2010 - 05:02 UTC

FAO emergency meeting to address soaring prices of cereals

Wheat prices have soared 60-80% since July while maize spiked about 40%.

Experts from more than 75 FAO Member States agreed Friday that while there were no grounds for complacency, there was no indication of an impending world food crisis. They proposed exploring new measures to check food price volatility and manage associated risks.

Sunday, September 12th 2010 - 06:50 UTC

USDA cuts forecast for global wheat 2010/11 harvest, 5.5% down from last year

Relief: Ukraine is not following Russia on banning wheat exports

US Department of Agriculture (USDA) has cut its forecast for global wheat production in 2010-11, but by less than expected. USDA now predicts total output of 643 million tonnes for the current agricultural year, down from its August forecast of 645.7 million.

Monday, September 6th 2010 - 05:15 UTC

IMF confident risks of further large price spikes for wheat have eased

Wheat production should recover quickly next year

Despite a large rise in the two months to August, wheat prices remain well below levels reached during the boom in 2008 and market pricing indicates that the risks of further large price spikes have eased, says a report from the IMF.


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