MUMBAI/MOSCOW (Reuters) — India has agreed to buy potash from Russia’s Uralkali at the lowest price in seven years and about 25 percent less than last year’s level, Russian company said on Tuesday. The bargaining power of buyers has increased since Uralkali, the world’s largest potash producer, broke away in July from a sales alliance […] Read more
Stories by Reuters News Service
Russia restricts Australian beef imports
MOSCOW (Reuters) — Russia is restricting imports of Australian beef due to the presence of the stimulant Trenbolone, the state veterinary and phytosanitary service said on Tuesday. Limits on chilled beef from Australia were imposed on March 31, while frozen beef imports will be restricted from April 7, VPSS spokesman Alexei Alekseenko told Reuters. “Basically […] Read more
Trader Louis Dreyfus to keep capital options open
PARIS (Reuters) — Louis Dreyfus Commodities would consider a share listing or tie-up with a partner as it leaves open options for developing the 163-year-old family-owned firm, main shareholder Margarita Louis-Dreyfus said in a newspaper interview. Louis Dreyfus is the “D” of the so-called ABCD majors that dominate agricultural commodities, alongside Archer Daniels Midland, Bunge […] Read more
Ukraine grain exports rise in March
KIEV (Reuters) — Ukraine’s grain exports reached 2.98 million tonnes in March compared with 2.82 million tonnes in February, the agriculture ministry said on Tuesday. The ministry’s data showed that shipments of corn rose to 2.6 million tonnes last month from 2.33 million a month earlier. Ukraine, which harvested an all-time-high of 63 million tonnes […] Read more
CME hogs close lower on bearish USDA hog report
By P.J. Huffstutter CHICAGO, March 31 (Reuters) – Chicago Mercantile Exchange hogs closed lower on Monday, recovering somewhat from a limit-down open in response to a recent bearish USDA hog report. CME feeder and live cattle were also lower, with feeders pressed by a jump in Chicago Board of Trade corn prices after the U.S. […] Read more
Climate change threatens India’s economy, food security – IPCC
NEW DELHI, March 31 (Thomson Reuters Foundation) – India’s high vulnerability and exposure to climate change will slow its economic growth, impact health and development, make poverty reduction more difficult and erode food security, a new report by scientists said on Monday. The latest report from the U.N. Intergovernmental Panel on Climate Change (IPCC) stresses […] Read more
U.S. hog data to hit futures prices but virus fears continue
CHICAGO (Reuters) — New data showing the U.S. hog herd is shrinking less quickly than feared is small comfort to farmers as their piglets fall victim to a fast-moving virus that has ravaged the country’s arable heartland with no cure or containment yet in sight. Latest figures from the U.S. Department of Agriculture on Friday […] Read more
Threat from global warming heightened in latest UN report
YOKOHAMA, Japan (Reuters) — Global warming poses a growing threat to the health, economic prospects, and food and water sources of billions of people, top scientists said in a report that urges swift action to counter the effects of carbon emissions. The latest report from the U.N. Intergovernmental Panel on Climate Change says the effects […] Read more
U.S. hog herd decline less than expected despite deadly pig virus
By Theopolis Waters March 28 (Reuters) – The U.S. hog herd fell by three percent in the latest quarter, U.S. government data showed on Friday, far less than some in the industry had anticipated given the spread of a deadly pig virus on U.S. farms. “The industry is definitely not in step with what the […] Read more
U.S. hog herd declines less than expected despite deadly pig virus
By Theopolis Waters March 28 (Reuters) – The U.S. hog herd shrank less than feared in the latest quarter compared with a year earlier, leaving it well above average trade forecasts, a U.S. Department of Agriculture report showed on Friday. The data suggests the spread of the deadly Porcine Epidemic Diarrhea virus was not as […] Read more
