Agriculture

U.S. grains merchant Bunge BG.N and Glencore-backed GLEN.L Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger, the European Commission website showed on Friday. The companies announced their merger a year ago, in a challenge to global giants Archer-Daniels-Midland ADM.N and Cargill CARG.UL. The European Commission, which did not […]

In an effort to keep a lid on local wheat prices, the Indian government has decided to sell wheat from its state reserves to bulk consumers such as flour millers and biscuit makers starting next month. According to a government order seen by Reuters, the state-run Food Corporation of India (FCI) has been allowed to […]

Indonesia, the world’s largest palm oil exporter, plans to use funds from its palm oil export levy to finance the development of the country’s cocoa and coconut sectors, according to the country’s trade minister. Since 2015, Indonesia has collected a levy on palm oil exports to fund its palm oil biodiesel mandate, smallholder replanting program, […]

China, the world’s largest beef importer, and Brazil, the biggest supplier, have agreed to set up a pilot scheme as part of efforts to make beef production more sustainable, according to state media reports. The State Administration for Market Regulation in China has met with Brazilian institutions to discuss methods to ensure transparency in the […]

Michigan’s nation-leading efforts to stop the spread of bird flu are sparking concerns among some dairy farmers, who fear the added costs and restrictions will harm their livelihoods and rural communities. The government’s measures, which include tracking who comes and goes from farms, are rekindling unwanted memories of the COVID-19 pandemic in small towns across […]

According to the Malaysian Palm Oil Council (MPOC), crude palm oil prices are expected to remain supported by tighter production conditions and strong demand from top buyers India and China. MPOC chief executive Belvinder Kaur Sron told the business daily The Edge Malaysia that Malaysia’s benchmark palm oil prices are seen trading within a range […]

According to Russia’s Union of Grain Exporters, Russia has become the top exporter of peas to China, accounting for almost half of the country’s total imports and overtaking Canada in less than two years after gaining access to the $1 billion market. The union’s data shows that in the 2023/24 agricultural season, Russia exported 1.13 […]

The U.S. Department of Agriculture (USDA) has reported that the percentage of corn and soybean crops in good-to-excellent condition has increased, topping analyst expectations despite heavy storms and flooding in the western Midwest. According to the USDA, 68% of both the corn and soybean crops are currently in good-to-excellent condition, the highest for this time […]

According to France’s farm ministry, the country’s main wheat crop is expected to fall by 15% this year to its lowest level since 2020. The ministry’s first projection puts soft wheat production at 29.65 million metric tons, which would be only the third time in 20 years that output has been below 30 million tons, […]

Sicily, the Mediterranean island, is facing a severe drought that has nearly dried up its only natural lake, Lake Pergusa. This lake has long served as a vital resting station for birds migrating between Africa and Europe. The Italian government has declared a state of emergency over the crisis, which has devastated crops and desiccated […]