DA to allow imports of galunggong for direct sale to market
THE Department of Agriculture (DA) and the fisheries industry agreed on Friday to allow the importation of round scad, or galunggong, as the closed fishing season nears.
After big-name cocoa sector exits, small firms start filling trade gap
LONDON -- A number of small trade houses are beefing up their cocoa teams, as a wave of high-profile exits left the sector highly concentrated, presenting more physical trading opportunities.
USDA boosts forecast for 2018/19 sugar crops
THE U.S. Department of Agriculture (USDA) on Friday upped its outlook for sugar supplies in 2018/19 amid higher production of both beet and cane.
Drought slashes EU wheat output, reducing region’s export surplus
HAMBURG -- Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday.
Fast-growing bamboo evaluated under mining reforestation rules
GOVERNMENT departments are looking to develop opportunities for the bamboo industry as a consequence of changes to rules governing the reforesting of mining areas.
Palay farmgate prices rise as lean season begins
THE average farmgate price of palay, or unmilled rice, continued to rise year-on-year two weeks into the start of the lean season, the Philippine Statistics Authority (PSA) reported.
German poultry farmers seeking price rises as drought increases costs
HAMBURG -- German poultry farmers are seeking price rises from supermarkets because this summer’s drought has caused a surge in the cost of animal feed grain, producer association ZDG said on Friday.
Archer Daniels takes early lead in fight for trade war spoils
CHICAGO -- Agricultural commodities trader Archer Daniels Midland Co. has so far weathered the U.S.-China trade war better than rival Bunge Ltd with a more conservative trading strategy, diversified crop sales and limited exposure to Brazil’s currency swings.
Court rules against Smithfield Foods unit in North Carolina case
A FEDERAL JURY in North Carolina has awarded $473.5 million to six residents near a North Carolina hog farm run by Murphy-Brown LLC, a unit of U.S. pork producer Smithfield Foods Inc., after they sued the company over management of the animals.
DowDuPont ‘defers’ field trials to seek sale of GM corn seed in India
NEW DELHI -- DowDuPont, Inc. has told India it is putting off trials needed for approval to sell a genetically modified variety of corn, taking a cue from U.S. rival Monsanto that has also pulled a similar application due to intellectual property concerns.
LGUs reluctant to propose irrigation projects — PRDP
DAVAO CITY -- Many farm areas around the country stand to benefit from an irrigation system, but proposals from local government units (LGUs) are thin on the ground, an official of the Philippine Rural Development Project (PRDP) said.
Domestic sugar output can fill US quota — SRA
THE Sugar Regulatory Administration (SRA) said that the Philippines has sufficient output to supply the raw sugar cane export quota allocated by the US amid worries over domestic shortage for bottlers.