Malaysian Palm Oil Inventory Drops as Ramadan Slows Harvests

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Palm oil stockpiles in Malaysia, the second-largest grower, probably fell in August from a month earlier as the Muslim fasting month of Ramadan slowed harvests, according to a Bloomberg News survey. Inventories fell 5 percent to 1.9 million metric tons last month from 2 million tons in July, according to the median estimate in a [...]

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Michigan apple growers expecting a great crop this year

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Not only will there be way more Michigan apples this year, they’ll probably be bigger and better looking too. According to estimates from the United States Department of Agriculture, Michigan apple growers are likely to produce 26.1 million bushels this season. The 5 year average is 19.5 million bushels. Only Washington and New York state [...]

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Bill eases growers’ creation of ponds

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A move by two North Coast legislators to speed up the approval process for small farm irrigation ponds has earned the support of rival factions in the region’s water wars and is now one step away from becoming law. The legislation by Democratic Assemblymen Jared Huffman of San Rafael and Wes Chesbro of Arcata would [...]

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BASF Said to Be Close to Selling Fertilizer Assets to Yara

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Sept. 7 (Bloomberg) — BASF SE, the world’s largest chemicals company, is poised to sell most of its nitrogen fertilizer assets to Yara International ASA, two people with knowledge of the situation said. Talks are advancing and an initial agreement may be reached by the end of September, said one of the people, who declined [...]

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Phosagro 1H 2011 net income surges more than 150% on strong demand

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Russian phosphate fertilizer producer, Phosagro, has posted a 1H 2011 net income of 12.291 billion roubles under IFRS. The net result is up more than 156% year on year from the 4.798 billion rouble net profit posted for 1H 2010, with EBITDA up 106% year on year to 17.752 billion roubles, on the back of [...]

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20 companies cleared to import sugar

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The Trade ministry has cleared 20 Ugandan registered companies to import duty free sugar. The companies will receive tax waivers as soon as they declare the volume of sugar they have imported. “We will be giving tax waivers to 40,000 metric tonnes of sugar for the first six months as we observe how the market [...]

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Rains damage various crops, prices to surge

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KARACHI: Around 600,000 acres of cultivation belt in Sindh has been inundated with rainwater, which has caused a massive damage to standing crops of cotton, sugarcane and other agriculture commodities, Sindh Agriculture Forum (SAF) said on Saturday. Rainwater hit around 250,000 acre of the total fields, which are under cotton, 200,000 acres of land with [...]

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Brazil Government: Change In Gasoline Mix To Free Up Ethanol Supply

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SAO PAULO -(Dow Jones)- By reducing the amount of ethanol blended with gasoline, Brazil’s Agriculture Ministry said Friday it hopes sugarcane mills will increase output of pure alcohol fuel, prices of which have soared this year and contributed to high inflation. Gasoline at Brazilian fueling stations currently contains 25% anhydrous ethanol, but that percentage will [...]

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TO THE LAST DROP: Ogallala Aquifer low in Gaines County

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TCEQ classifies water conservation for Loop, Texas at stage 3 The consequences of diminishing water supplies are many and relentless. The Ogallala Aquifer, a vast underground chamber of water that spans 174,000 squre miles and barely lies beneath Gaines County, [Texas] presents the predominantly farming city of Loop with such a case. On Aug. 22, [...]

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Bayer CropScience Launches New Technology and Showcases Innovations in the Museum of Modern Agriculture

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DECATUR, IL — A corporate greenhouse devoted to innovation and research, century farms, and new products are conversation topics as Bayer CropScience debuts the Museum of Modern Agriculture at the 2011 Farm Progress Show in Decatur, Ill. The museum is an opportunity to engage growers in the stories behind the agricultural innovations they enjoy today and [...]

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Rio+20 summit co-ordinator seeks to put agriculture centre stage

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UN executive Brice Lalonde says pinpointing one key area will focus minds and boost progress on other development goals The Rio+20 global development summit co-ordinator is pushing for a tight focus on agriculture in an attempt to inject new energy into the landmark event, the Guardian has learned. Such a departure from UN tradition could [...]

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EU Pits Alberta Beef Against Quebec Dairy Products in Canada Trade Talks

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The European Union may refuse to open its market to more Canadian beef, pork and sweet corn unless Canada provides better access to its heavily protected dairy sector, a senior European diplomat said. The EU is “disappointed” Canada hasn’t offered any concessions for products shielded by its supply-management system, under which domestic farmers receive production [...]

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Dept. Agriculture to help transform Negros Island areas into ‘salad bowls’

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MANILA, Philippines – The Department of Agriculture will partner with local officials and farmers to transform semi-temperate areas in Negros Island as “vegetable salad bowls” in the Visayas that will provide the vegetable needs of the cities of San Carlos, Dumaguete, Bacolod and Cebu. Agriculture Secretary Proceso J. Alcala recognized the vast potentials of two areas in Negros — the town [...]

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Court expected to rule in favor of Agrexco’s liquidation today

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State lashes back at institutionals for slackness, ignoring bad signs. Agrexco may become history today: The court is expected to rule on the company’s liquidation after bondholders rejected a creditors’ arrangement proposed by trustee manager Shlomo Nass. Meanwhile, the produce export company’s workers will be demonstrating outside the home of Agriculture Minister Orit Noked today [...]

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