By Julie Ingwersen. U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said. Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination of the 2021 U.S. crop added support.
Investors expect the new chief executive of Canada's Nutrien Ltd (NTR) to swing deals as part of a more aggressive growth strategy, after an abrupt shake-up at Canada's biggest agriculture company.
For 35-year-old Nour al-Sabah Mohammed and her crew of bakers, business is brisk during the holy month of Ramadan. The women travel by train to Cairo to sell their home-baked bread, piled high on metal trays, as well as eggs, vegetables, and cheese, produced by neighbours in a farming village near the city of Beni Suef, about 150 kilometres to the south.
When Kenyan farmer Waki Munyalo's crop of lentils shrank by three quarters last year because of unusually low rainfall, disaster was averted thanks to a simple remedy that was previously unavailable to most African farmers - insurance.
- In dense tropical forests in Sierra Leone, scientists have rediscovered a coffee species not seen in the wild in decades - a plant they say may help secure the future of this valuable commodity that has been imperiled by climate change.
Farmers flush with cash after a run-up in grain prices are clamoring for farm machinery maker AGCO Corp (AGCO) to get them new equipment in time for this year's harvest. This is a boom time for the Georgia-based company after years of depressed demand. The supply logjam has hit AGCO (AGCO), one of the world's largest farm machinery makers, just as planting season gets under way in the Northern Hemisphere.
Farmers flush with cash after a run-up in grain prices are clamoring for farm machinery maker AGCO Corp (AGCO) to get them new equipment in time for this year's harvest. This is a boom time for the Georgia-based company after years of depressed demand. The supply logjam has hit AGCO (AGCO), one of the world's largest farm machinery makers, just as planting season gets under way in the Northern Hemisphere.
Russia's plan to temporarily restrict movement of foreign warships in part of the Black Sea will not affect the nearby Kerch Strait, the RIA news agency reported on Friday, signalling lower risks for regional trade from Russia-Ukraine tensions. The Kerch Strait is a crucial part of the regional grain trade connecting the Azov sea with the Black Sea.
Brazil's Litoral Soluções, an unlisted port agent representing U.S. grain trader Bunge (BG), won the reversal of an injunction blocking its right to ship grains from a key southern Brazilian port's public terminal. The ruling, seen by Reuters on Thursday, was handed down on Wednesday by Judge João Carlos Franco, who overturned his own decision from last week suspending the contract.
Retail giant Walmart (WMT) is among the worst offenders in a new ranking of companies in Latin America that sell eggs from caged chickens, part of a new list of firms from Mexico to Argentina that aims to encourage more humane supply practices.
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