China’s Recent Agriculture Development Measures Not to Result in Imports Decline

Vincent Martin, a representative of the UN Food and Agriculture Organization (FAO) in China stated that China’s import demand will not decline in the near future due to the population growth, income increase and change on consumption structure. MOSCOW (Sputnik) — The full-scale agricultural modernization announced by China will not result in country’s imports decline […]

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Department Of Agriculture Approves Two Types Of Simplot’s Genetically Engineered Potatoes

The U.S. Department of Agriculture has approved commercial planting of two types of potatoes that are genetically engineered to resist the pathogen that caused the Irish potato famine. The approval announced Friday covers Idaho-based J.R. Simplot Co.’s Ranger Russet and Atlantic varieties of the company’s second generation of Innate potatoes. The company says the potatoes […]

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India sets up fertiliser research organisation

To promote fertiliser research and improve soil fertility, India has set up Indian Council for Fertilizer and Nutrient Research (ICFNR). The research organisation to operate on the lines of Indian Council of Agricultural Research (ICAR) and Indian Council of Medical Research (ICMR) will work under the department of fertilizers. “ICFNR will have a governing council […]

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Seeding risk in Chinese agricultural insurance

China’s agricultural sector is undertaking risk remodelling. A widely republished Economic Daily editorial in late 2015 refined China’s domestic policy arithmetic in the agriculture sector from ‘banks, futures and insurance’ to simply ‘futures and insurance’. According to this new policy, insurance companies will offer agricultural insurance based on prices in the futures market — which […]

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NEW HOLLAND TO ACQUIRE KONGSKILDE AGRICULTURE

CNH Industrial, owner of New Holland, will acquire the grass and soil businesses of Kongskilde Industries, a part of the Danish Group Dansk Landbrugs Grovvareselskab (DLG). Since New Holland is known primarily for hay equipment, this acquisition will make the company’s product offerings all-encompassing for growers looking for tillage implements and extended hay and forage offerings. Kongskilde […]

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Brazil’s Farmers Could Reap $12 Soybeans

Brazil’s soybean farmers could reap record  $12 price in the next harvest, according to some estimates, as the country’s soybean planting progress advanced to roughly 40% in top producing states. Meanwhile, could Brazil be trying to cut into current U.S. soybean exports to China? According to one consultant, soybean prices will rise to $12 by February 2017, just in time […]

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