GFM Network News

Straw prices soar, piling pressure on N.Europe livestock farmers

In some areas straw now more expensive than grains

Hamburg | London | Reuters – Livestock and dairy farmers across northern Europe are paying soaring prices for straw used in food and bedding for cattle, as hot, dry weather across the region reduces crops. The higher bills put further pressure on farmers already facing one of their toughest summers ever; many have had to

Marubeni to close Australian grain business

Sydney/Hamburg | Reuters — Japan’s Marubeni Corp. is to close its Australian grain trading business after a review of its global operations. The move “is not in any way reflective of the performance of Marubeni Australia’s grain trading business division, which has been trading profitably for the past three years,” Makoto Kajitani, chairman and managing