U.S. courts helpless to stop biotech crops while being reviewed

A number of U.S. farm groups wants to extend a law that allows farmers to grow a genetically modified crop while regulatory approval of the variety is still being challenged in court. No one in Congress claims ownership of Section 735 of a recent spending bill, but the 22-line provision has blown up a storm

Foreign demand for beef, soybeans adds pressure on Amazon forest

A study links consumers to environmental impact on Brazil, saying foreign demand 
accounts for 30 per cent of deforestation

Reuters / Rising foreign demand for beef and soybeans will tempt Brazil to clear more of the Amazon rainforest, in a reversal of recent success in slowing forest losses, a study said April 4. About 30 per cent of deforestation in Brazil in the decade to 2010 was due to farmers and ranchers seeking land


U.K. scientists develop safer foot-and-mouth vaccine

Reuters / British scientists have developed a new vaccine against foot-and-mouth disease that is safer and easier to manufacture, an advance they believe should greatly increase production capacity and reduce costs. The technology behind the livestock product might also be applied to make improved human vaccines to protect against similar viruses, including polio. The new

U.S. corn plantings seen at highest since 1936

Reuters / U.S. farmers may plant 97.43 million acres of corn this year, up 0.3 per cent from last year, which would be the largest corn area since 1936, according to a Farm Futures magazine survey. The survey of 1,750 U.S. growers also showed farmers intend to plant a record 79.09 million acres of soybeans, up


Black Sea 2013-14 grain exports to rebound

moscow/kiev / reuters The Black Sea region’s top three grain producers — Russia, Ukraine and Kazakhstan — will see output and potential export volumes restored in the 2013-14 marketing year with improved weather conditions benefiting crops. The three countries were hit by drought in 2012 which slashed their combined grain crop by one-third to 130

Brazil potash deposit has 18 years of country’s needs

Reuters / A Brazilian fertilizer deposit owned by Canada’s Brazil PotashCorp has potash reserves equal to at least 18 years of Brazil’s potassium-fertilizer needs, a source with direct knowledge of the project told Reuters. The mine project has total potassium reserves of about 500 million tonnes of which at least 125 million, or a quarter,


Argentina threatens barley export cap in bid to boost wheat crop

Grains behemoth Argentina is pushing farmers to produce more wheat by threatening to crack down on the fast-expanding barley sector, which growers are using as a hedge against export curbs, sources with direct knowledge of the situation told Reuters. With national inflation seen by private economists at 30 per cent this year and global food

Furloughs for meat inspectors expected to start mid-July

Washington / Reuters / All U.S. meat inspectors will be furloughed on the same days as the federal meat safety agency, a top USDA official said, leading to spotty meat shortages in the summer and fall as automatic spending cuts shave $53 million off the agency’s budget. The furloughs, expected to total 11 days, are


Hedge funds get bullish on corn and natural gas

Hedge funds and other big speculators raised their bullish bets on U.S. commodities for the first time in five weeks, piling mostly into natural gas and corn due to favourable supply-and-demand situations, trade data showed Mar. 15. Natural gas saw close to $2 billion worth of new net long contracts by the so-called money managers