New Zealand says it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns, which will affect major trading partners including Australia and China.
Brazilian production of ethanol from corn rose 58% in the newly passed year as dozens of recently built plants in the country’s grain heartland ramped up production.
China’s soybean imports almost doubled in March from levels in the same month a year earlier, data from customs showed on Tuesday, as cargoes of beans from top exporter Brazil cleared customs after delays.
Successive cold snaps in the past week have destroyed between 30,000 and 50,000 hectares of French sugar beet, growers group CGB said on Monday, calling it the worst frost-related losses for the sector ever recorded.
The dollar slipped on Monday towards a three-week low as Treasury yields traded near recent lows and traders awaited crucial U.S. inflation and retail sales data in coming days.
USDA will alter how it reports soybean oil use by biofuels producers beginning with its monthly World Agriculture Supply & Demand Estimates (WASDE) report in May, a USDA spokesperson told Reuters.
Canada’s Nutrien Ltd, the world’s largest fertilizer producer by capacity, said on Thursday it aimed to cut greenhouse gas emissions by at least 30% by 2030, in a plan costing the company up to $700 million.
World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said on Thursday.
Cotton futures rose on Wednesday supported by concerns that dry weather in West Texas, the largest U.S cotton-producing region, may weigh on U.S supplies of the crop.
USDA’s Foreign Agricultural Service forecasts Brazilian producers will expand soybean planted area to reach 40 million hectares in the 2021/22 season, up from the estimated 38.5 million ha planted in the 2020/21 season
