News

02.03.2010 14:19

1 March 2010, Guadalajara, Mexico - The focus of modern and conventional biotechnologies should be redirected so as to benefit poor farmers in poor countries and not only rich farmers in rich countries, FAO said today.

"Modern and conventional biotechnologies provide potent tools for the agriculture sector, including fisheries and forestry," said Modibo Traore, FAO Assistant Director-General, addressing the international technical conference on Agricultural Biotechnologies in Developing Countries in Guadalajara, Mexico.

Read more
1979 reads

26.02.2010 13:56

The European Union's executive today approved export licences for 99,871 tonnes of out-of-quota sugar, completing its controversial export of half a million tonnes of unsubsidised sugar, official documents show.

Read more
2216 reads

26.02.2010 02:21

Global wheat prices may plunge 14 percent in the next few months as new harvests enter the market, or sooner if Russia releases its stockpiles, the nation’s second-largest exporter said.

Read more
1778 reads

26.02.2010 02:17

Sugar futures fell, extending a slide to the lowest level in almost 11 weeks, after the dollar climbed, eroding the appeal commodities as alternative assets.

Read more
1677 reads

26.02.2010 02:12

Soybeans, corn and wheat declined on speculation that a rally in the dollar will erode the appeal of commodities from the U.S., the biggest exporter of the crops.

Read more
2059 reads

26.02.2010 02:05

The Buenos Aires Cereals Exchange increased its forecast for Argentina’s 2009-10 corn crop Thursday, pegging output at 20.2 million metric tons compared to the 19.3 million metric tons it forecast last week.

Read more
1914 reads

26.02.2010 01:58

World 2009-10 wheat production has been revised higher to 675 million metric tons, up 1 million tons on the month, the International Grains Council said Thursday.

Read more
1750 reads

25.02.2010 02:13

There have been long delays in exports of wheat from Black Sea ports due to heavy snow and cold weather in the growing regions and this is preventing any further fall in prices despite ample supplies, trading executives said Wednesday.

“Shipments scheduled for January spilled over to February and those for this month into March,” said an exporter based in Ukraine.

Read more
2601 reads

25.02.2010 02:08

China’s agricultural commodities imports in January surged from a year earlier because they were cheaper than local options and as companies took shipments in anticipation of a recovery in consumer and industrial demand, said analysts Wednesday.

Read more
1789 reads

25.02.2010 01:55

U.S. Department of Agriculture Secretary Tom Vilsack said Wednesday he expects the U.S. agriculture-trade surplus to rise by “several billion dollars” in coming years.