Brazil soy exports surpass 10 million tonnes in April

SAO PAULO (Reuters) – Brazil’s soybean exports surpassed 10 million tonnes in April, government data showed on Wednesday, close to an all-time monthly record as local farmers begin to benefit from a trade dispute between China and the United States. Brazilian shipments totaled 10.26 million tonnes last month, foreign trade agency Secex data showed, just […] Read more

World food price index little changed in April vs March – U.N. FAO

ROME – World food prices edged marginally higher in April from March, with the prices of most cereals and dairy products continuing to rise while sugar fell further, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, […] Read more

Monsanto appeals to India’s top court over GM cotton patents

NEW DELHI (Reuters) – Monsanto Co has appealed to India’s Supreme Court against a ruling by the Delhi High Court which decreed last month that the world’s biggest seed maker cannot claim patents on its GM cotton seeds, a company spokesman said on Friday. The Delhi High Court last month concurred with Indian seed company […] Read more

Drought to shrink Kansas wheat crop to smallest since 1989

MANHATTAN, Kan., May 3 (Reuters) – Drought sapped yield potential for the Kansas wheat crop and likely will result in the smallest harvest in the top wheat growing state since 1989, scouts said on the final day of a annual crop tour on Thursday. The crop shortfall could mean higher prices for wheat that would […] Read more

Germany plans to toughen conditions for insecticide use

BERLIN (Reuters) – Germany plans to make it more difficult for farmers to use agrochemicals that protect plants from insects in a bid to preserve biodiversity, an environment ministry document showed. “Insect biomass has fallen by more than 75 percent in the last 27 years in Germany,” according to the paper seen by Reuters on […] Read more

Incoming BASF boss rules out DowDuPont-style break-up

FRANKFURT (Reuters) – The incoming boss of BASF has thrown his weight behind the chemical titan’s contentious strategy of keeping divergent businesses folded into one company, at a time when its major rivals such as DowDuPont are breaking themselves up. The comments from Martin Brudermueller, who will take over as CEO on Friday, provide clarity […] Read more

Trade tensions crimp U.S. soybean sales to China – Bunge CEO

(Reuters) – U.S. soybean sales to China have ground to a halt after Beijing threatened tariffs on imports, the CEO of agricultural trader Bunge Ltd said on Wednesday, the latest sign of mounting trade tensions upsetting the global flow of commodities. Countries such as Brazil and Canada are increasing soybean sales to China after Beijing […] Read more

Trade rows spell gain, and pain, for U.S. grain exporters

CHICAGO (Reuters) – Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed crop prices, trading margins are on […] Read more

Chinese scientist gets 10 years for stealing GM rice

(Reuters) — A Chinese scientist in Kansas has been sentenced to more than 10 years in a federal prison for conspiring to steal samples of a variety of genetically modified rice seeds from a U.S. research facility, the Department of Justice said. U.S. district court judge Carlos Murguia in the District of Kansas sentenced Weiqiang […] Read more

As trade spat grows, China hits U.S. sorghum imports with hefty deposit

BEIJING (Reuters) – China said on Tuesday it will slap a hefty temporary deposit on imports of U.S. sorghum after finding the U.S. grain has damaged the domestic industry in a preliminary antidumping ruling, stirring trade tensions between the world’s top two economies. CHS Inc and other U.S. companies will have to put a 178.6 […] Read more