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Egypt increases wheat harvest, cuts back on imports |
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The world's biggest wheat importer, Egypt is
expecting a bumper crop this year, allowing the country to cut back on
imports as it deals with an economic crisis that has depleted national
reserves of foreign currency. |
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Soaring feed prices greatly affect Vietnam farms |
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With high animal feed prices of about 15-20% higher
than in China, Thailand and Indonesia, Vietnam farms and husbandry
households, especially those that raise poultry, pigs and tra fish, are
experiencing financial losses, according to the Vietnam Animal Feed
Association (VAFA). |
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Indian government agencies 30% more wheat during Rabi |
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In the Rabi marketing season, India’s government
agencies have procured 11.94 million tonnes of wheat as arrivals gained
momentum in states such as Punjab and Haryana, about 30% more than 9.23
million tonnes in the same period last year. |
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China Modern Dairy denies takeover by Mengniu |
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China Modern Dairy has denied a takeover by "a
third party" - assumed to be dairy product manufacturer, Mengniu, but
has confirmed that talks are ongoing with the unnamed company concerning
"possible disposal of certain assets." |
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Dairy Crest, Arla boost UK milk prices |
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UK milk prices are set to reach record highs as
Dairy Crest and Arla Foods, As two of the UK's leading dairies announced
they would pay farmers more than £0.30 (US$0.46) for a litre of milk. |
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