Mexico studying avocado exports to Davao City
DAVAO CITY -- Mexico is exploring the possibility of exporting Hass avocados and limoncito, a citrus-like fruit, to Davao City, according to Mexico Ambassador Gerardo Lozano.
Ottawa expands insurance for Canadian canola exporters amid China dispute
OTTAWA/WINNIPEG, MANITOBA -- Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China.
Brazil lifts suspension of beef exports to China
SAO PAULO -- Brazil’s government said on Thursday it has lifted a suspension of beef exports to China after dealing with an atypical case of mad cow disease, sending shares of Marfrig Global Foods, Minerva SA and other Brazilian meatpackers soaring.
Trump trade blows fail to slow Mexican demand for US wheat
MEXICO CITY -- Mexican bread and flour tortilla makers will likely use significantly more wheat sourced from the United States this year despite growing unease with President Donald Trump, according to Mexico’s main wheat chamber.
Coffee enterprise hoping to promote peace in conflict areas
SOCIAL enterprise Coffee For Peace, Inc. said it hopes to promote coffee growing in conflict areas with an eye towards meeting domestic demand which is currently served largely by imports.
Palay farmgate price continues to fall in late May
THE AVERAGE farmgate price of palay, or unmilled rice, fell 0.2% week-on-week during the fourth week of May to P18.20 per kilogram (kg), the Philippine Statistics Authority (PSA) said.
Davao farmers awaiting DA directive on young coconut exports to US
DAVAO CITY -- Farmers in Davao Oriental province, the biggest coconut producer in the region, are awaiting the specifics on the Department of Agriculture’s (DA’s) recent pronouncement that the US market is open for young coconut exports.
Venezuelan cocoa piles up in New York
NEW YORK -- US stockpiles of Venezuelan cocoa swelled in May to levels not seen in at least five years, a Reuters analysis showed, as exporters in the crisis-hit country hit by US sanctions scramble to raise cash however they can.
More sugar factory closures expected in Europe
PARIS -- More European sugar factories will close as companies are forced to cut costs after a slump in prices since the end of EU production quotas wiped out profits, French sugar group Cristal Union’s chief executive said on Thursday.
Trump’s swaps watchdog bows out leaving tough enforcement legacy
NEW YORK -- When chairman of the US Commodity Futures Trading Commission Chris Giancarlo steps down next month, he will leave an unlikely legacy: a major crackdown on white collar misconduct.
Meat industry fears potential fallout from pork import ban
MEAT processors said their products are safe to consume, as they sought to distance themselves from recent recall orders issued for pork products from African Swine Fever (ASF)-affected countries, including nearby Asian countries like Vietnam and China.
Australian firm seeks partnership with FEDCO for organic food
DAVAO CITY -- Queensland-based BioAust Pty Ltd. has proposed a partnership with the Federation of Cooperatives in Mindanao (FEDCO) for an organic food project.