The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled.
U.S. production of table eggs bound for breakfast tables, baked goods and other purposes was down 0.6 percent in April, the U.S. Department of Agriculture said on Friday, as the country's worst-ever bird flu outbreak decimated flocks.
German drugmaker Bayer expects the world's largest economies to pool billions of euros in funding for the development of antibiotics against the growing threat of drug-resistant superbugs, its chief executive said on Friday.
Argentina's trade surplus plunged 69.2 percent in April from the same month a year earlier to $252 million because of a fall in commodity prices, official data showed on Friday, sharply undershooting market expectations.
Economic activity in Brazil tumbled in the first quarter and unemployment climbed to a near four-year high, adding to signals that a looming recession could worsen as President Dilma Rousseff reins in public spending.
Monsanto Co., the world's largest seed company, is also known for the popularity of its Roundup herbicide, a weedkiller beloved by farmers and homeowners alike for its speed and deadly assault on tough weeds.
There has been a dramatic change in the economic environment of Red River Valley agriculture, as documented by Farm Business Management Program reports from 230 farms in North Dakota and Minnesota during the 2012 to 2014 period.
The El Nino weather phenomenon predicted by meteorologists could push depressed palm oil prices as high as $700 a tonne this year, an industry group in top producer Indonesia said on Friday, although any impact on production would not come until early 2016.
Michael Taylor and Anuradha Raghu
May 22, 2015
Chipotle hit the headlines last week when the company announced it would no longer serve customers genetically modified foods. This despite the fact that more than a trillion meals containing genetically modified food have already been eaten in the United States without incident. Science has decisively found that these foods have no negative impact on health.
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