Monsanto and Brazilian grower organizations announced an agreement to support the introduction of next-generation products like INTACTA RR2 PRO™ soybeans.
Plants can adapt to extreme shifts in water availability, such as drought and flooding, but their ability to withstand these extreme patterns will be tested by future climate change.
South Australia’s 2012-13 grain crop is expected to come in at 6.45 million tonnes from four million hectares, an increase from the previous estimate of 6.19 million tonnes.
Argentina will produce 10.1 million tons of wheat this season, the agricultural ministry said, citing extreme weather as the reason for cutting back its previous estimate of 10.5 million tons.
The country’s agriculture industry — bannered by the crops, poultry and livestock subsectors — grew by 2.92 per cent in 2012, grossing P1.4 trillion at current prices.
US agrifood business Cargill has secured the winning bid to complete the acquisition of two animal feed mills from Lancaster, Pa.-based Pennfield Corporation for $9.8 million.
The Cabinet Committee on Economic Affairs (CCEA) approved the proposal of the Department of Commerce for allowing the export of processed and/or value-added agricultural products.
Jamaica Broiler Group (JBG) is producing corn for its own use and will likely operate the farm itself, said Ian Parsard, senior vice-president for operations and finance.
Corn and soybean futures moved sharply higher on Monday in part still reacting to Friday’s USDA report, but also reacting to some good export sales announced on Friday and again on Monday.
According to the USDA's "Grain: World Markets and Trade" report, recent quarterly shipment data show U.S. corn exports dropping to the lowest level in at least two decades.
Müller UK has announced plans to create up to 100 UK jobs through a £17 million investment in a new butter manufacturing facility in Market Drayton, Shropshire.
USDA forecasts Argentine corn production for 2012/13 at 28.0 million tons, up two per cent from last month and 33 per cent above the 21 million tons grown in 2011/12.