Pekanbaru, Indonesia | Reuters — Indonesia has sent nearly 21,000 personnel to fight forest fires raging in its northern islands, the disaster management agency said on Tuesday, but smoke cloaks much of the region with pollution readings in the “very unhealthy” region in neighbouring Singapore. Slash-and-burn agriculture has blanketed Singapore, Malaysia and northern Indonesia in […] Read more
Indonesia making no progress against hazardous haze
Talks halt on sale of malt barley trader Interbrau
Paris | Reuters –– Swiss grain trading group Ameropa said Monday it would not go ahead with the sale of German malting barley trader Interbrau GmbH to French co-operative group Vivescia, as conditions for the deal had not been met. The companies entered into an agreement in mid-July for the takeover of Interbrau by Vivescia, […] Read more
USDA analyzing effects of wild pigs on crops, livestock
Chicago | Reuters –– The U.S. Department of Agriculture (USDA) said Friday it has started analyzing for the first time data it has collected on the impact that wild pigs have on U.S. farmers’ crop and livestock operations. It is estimated by federal and state agricultural officials that there are more than five million wild […] Read more
U.S. regulators revise proposal on commodity position limits
Chicago | Reuters — U.S. derivatives regulators are revising their proposal to limit the positions that traders can hold in commodity markets to make it easier for some hedge funds and banks to keep large trades. The Commodity Futures Trading Commission wants to allow financial firms to count their market positions separately from subsidiaries if […] Read more
Iran cancels import duties on wheat, barley
Dubai/Moscow | Reuters — Iran has canceled import duties it imposed on wheat and barley in July, according to an official document seen by Reuters on Tuesday. The document said the import duties ended on Sept. 6 for wheat and on Aug. 22 for barley. It gave no reason for the cancellation. The Iranian government […] Read more
Mosaic cuts potash output as demand slumps
Reuters — U.S. fertilizer company Mosaic Co. said Monday it would cut potash production and maintain its reduced phosphate output pace, lowering its outlook for sales. Delayed fertilizer purchases in Brazil and North America have weakened markets, along with volatile currency and equity markets and lower crop prices, Mosaic said in a statement after markets […] Read more
Deal would let southern California buy surplus water from Nevada
Reuters — A US$45 million deal that would let southern California’s biggest water agency access a major supply of water that would normally go to southern Nevada won approval on Thursday from the Southern Nevada Water Authority. The board of the Metropolitan Water District, a wholesaler that supplies public utilities in heavily populated southern California, […] Read more
JBS to expand in processed foods, eyes Europe
Sao Paulo | Reuters –– Brazil’s JBS, the world’s largest beef exporter, is looking to enlarge its processed foods operations and expand in Europe, CEO Wesley Batista said in an interview with Valor Economico published Friday. The company, which in recent months has made billion-dollar acquisitions in the U.K. and U.S., is also looking to […] Read more
China to stockpile corn during 2015-16 at lower price
Beijing | Reuters — The Chinese government will continue its controversial corn stockpile policy during 2015-16 and will start to stock the grain from farmers at a lower price compared with last year, government bodies said in a statement late Friday. Beijing will pay 2,000 yuan (C$414) per tonne to farmers in the northeast, the […] Read more
Russia defends crop data reliability
Moscow | Reuters –– Russia’s agriculture ministry defended the reliability of its crop data on Thursday, after a farmers’ lobby said regional officials were pressuring farmers to report bigger grain crops to the ministry than they actually harvested this year. The ministry said its numbers, compiled by its regional departments which send “operational information” to […] Read more
Canadian Cattlemen Presents: Depth of Field
