European Union grain exporters will be the main beneficiaries of Russia’s pullback from international grain markets as Moscow races to cool domestic prices in the face of economic crisis, analysts and traders say.
South Korea is intensifying efforts to contain an outbreak of foot-and-mouth disease by inoculating all hogs in affected areas, the agriculture ministry says.
South Korea earlier this month confirmed a fresh case of foot-and-mouth disease at a hog farm, five months after an outbreak elsewhere added to fears about food safety.
Chinese government approval for imports of a controversial type of Syngenta AG biotech corn increases the likelihood the seed maker will pay settlements to more than 100 U.S. farmers and exporters suing for damages from grain shipments rejected by Beijing, lawyers say.
The Dec. 17 agreement between the U.S. and Cuba to normalize diplomatic relations between the two countries could lead to improved trade possibilities and important opportunities for U.S. Agriculture, Upper Great Plains officials said.
The president and general manager of the nation’s only state-owned mill will receive a $61,857 bonus after a prosperous year in which the mill generated nearly $13.4 million in profits, the second highest in its 92-year history.
A top Chinese government official said the country has approved imports of genetically modified Agrisure Viptera corn and two varieties of soybeans, U.S. Agriculture Secretary Tom Vilsack said on Wednesday.
The normalization of diplomatic relations between the U.S. and Cuba is an “important opportunity” for U.S. agriculture that will make exports of U.S. farm goods cheaper, easier and less time consuming for shippers, U.S. Department of Agriculture Secretary Tom Vilsack said on Wednesday.
Chinese authorities have informed some agriculture industry officials the government has approved U.S. imports of a type of genetically modified corn developed by Syngenta AG, according to reports from Agri-Pulse and Bloomberg.
A bill that would allow farmers, ranchers and other small businesses to expense equipment to run their operations is on its way to President Barack Obama’s desk.
The Senate passed the one-year Tax Increase Prevention Act 76-16 Tuesday night. The measure extends Section 179, meaning small businesses, including ranchers and farmers, may expense purchases made in 2014.
On Dec. 15, France launched a plan to promote the cultivation of high-protein crops for livestock, aimed at reducing its reliance on imports of mostly South American soybeans, which it fears could eventually be diverted to meet a surge in Asian demand.
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