News

As the country prepares for a better sugarcane harvest next season, increasing possibility of more sugar production, industry and experts have demanded de- controlling the sector --one of the few sectors un- touched by liberalisation.

Corn jumped to a four-week high and soybeans rose for a fourth straight session after farmers curbed sales following a price slump earlier this year, tightening supplies for export and for producing animal feed and fuel.

Ukraine’s grain export in January-June, the second half on the 2009-10 marketing year, is likely to total 6 million metric tons, the Ukraine Agrarian Confederation said Friday.

The European Commission today officially announced the winner of the EU organic logo competition. Over the past two months, some 130,000 people have voted online to choose the new organic symbol from three finalists. The winning design is by Dusan Milenkovic, a student from Germany, who gained 63% of the overall vote for his “Euro-leaf” logo. From 1st July 2010, the organic logo of the EU will be obligatory on all pre-packaged organic products that have been produced in any of the EU Member States and meet the necessary standards. It will be optional for imported products.