Nutrien misses estimate, cites bad weather

NUTRIEN LTD, the world’s largest crop nutrient provider, missed profit estimates for the second straight quarter on Thursday, as flooding across the United States and drought in Australia disrupted the agriculture supply chain.

China expects its 2019/20 soybean output to hit highest in 14 years

BEIJING -- China expects its soybean output to hit the highest level in 14 years in 2019/20, boosted by a plan to revitalize the nation’s production of the oilseed.

Palay prices remain under pressure in mid-April

THE farmgate price of palay, or unmilled rice, continued to decline during the middle weeks of April, with domestic prices still under pressure amid expectations of more liberal imports of cheap rice, even as the government concentrates all its procurement efforts on domestic rice.

Climate change leads US fund managers to adjust investments in agriculture

NEW YORK -- After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer.

Canada unveils measures to help canola farmers hit by China ban, seeks to boost...

OTTAWA -- The Canadian government, as expected, on Wednesday offered more financial assistance to canola seed farmers who have been hit by a Chinese ban on imports and said it was looking to diversify into other markets.

Labeling caused China to suspend two Canada pork shippers

WINNIPEG, MANITOBA/OTTAWA -- China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved.

Davao municipalities get ₱890 million in PRDP funding

DAVAO CITY -- The Philippine Rural Development Project (PRDP) has approved P890 million worth of projects for several municipalities in Davao del Sur province as well as Davao City, with more than 90% of the funds allocated for farm-to-market roads and.

Agriculture loan repayment rate falls due to calamities

THE Department of Agriculture (DA) said the repayment rate on its loan program for farmers fell this year because of damage to crops caused natural calamities last year.

Philippines among top US markets for soybean cake, meal

THE United States Department of Agriculture (USDA) said that the net sales to the Philippines of US soybean cake and meal as well as wheat increased during the week of April 12-18, 2019.

ADM’s move to spin off ethanol assets speaks to industry’s woes

NEW YORK/CHICAGO -- Biofuels pioneer Archer Daniels Midland (ADM) took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with US President Donald Trump’s trade wars, thin margins, and overproduction.

Brazil’s BRF sees China certifying meat plants

SAO PAULO -- Brazilian food processor BRF SA’s chief executive said Chinese authorities are only likely to make a decision on whether to approve more Brazilian meat plants when the United States and China have a deal to end a trade war.

India hikes wheat import duty to support local farmers

MUMBAI -- India has raised its import duty on wheat to 40 percent from 30 percent, the government said late on Friday, as the world’s No. 2 producer of the grain tries to support local farmers.