Sweden’s AAK seeking sustainability in coco oil supply
SWEDEN’s AarhusKarlshamn (AAK) said it plans to work with coconut farmers to guarantee quality and supply for its fats and oils facility in Batangas.
No violators so far in Davao Gulf closed fishing season
DAVAO CITY — The fourth year of implementing the closed fishing season in the Davao Gulf commenced with no violators apprehended since June 1, according to the Bureau of Fisheries and Aquatic Resources-Davao Region office (BFAR-11).
Palay farmgate price rises in 3rd week of June
THE average farmgate price of palay, or unmilled rice, continued to rise in the third week of June to P21.36 per kilogram (kg.), the Philippine Statistics Authority (PSA) said.
Marijuana stocks drive Toronto exchange to strong quarter
TORONTO — Canada’s main stock index notched its biggest quarterly gain in more than four years and could gain more this year as higher oil prices boost energy shares and legalization of pot leads to deal making among cannabis companies, investors said.
Brazil’s BRF aims to raise $130 million from noncore asset sales
SAO PAULO — Brazilian food company BRF SA aims to raise about 500 million reais ($130 million) from noncore asset sales to cut debt amid rising feed costs and new barriers to the European Union, management said on Friday.
Davao targets 1,000-ha. in extra land for coffee
THE government is hoping to upgrade the coffee bean crop by raising production in the Davao region and by improving the genetic quality of domestic output.
Bamboo designated ‘golden crop’ by Davao agri expo in September
DAVAO CITY -- This year’s Davao Agri-Trade Expo will promote the planting of so-called “golden crops,” which include cacao, coffee, coconut, corn, cassava, rice, banana, as well as bamboo.
Brazil cane crop size hard to gauge due to irregular rains
SAO PAULO -- Sugar market players in Brazil are diverging widely about the size of the 2018-19 cane crop in the center-south, the world’s largest sugar producing region, as erratic weather makes it difficult to assess the season’s likely final tally.
EPA to propose 19.88 billion gallon biofuels mandate, up 3%
THE US Environmental Protection Agency (EPA) will propose setting a 19.88-billion-gallon biofuels blending mandate in 2019 under the Renewable Fuel Standard (RFS), up about 3 percent from 2018, according to two sources briefed on the matter.
Australian banks face rural lending reckoning
SYDNEY -- Australian potato farmer Tom Fox says he had never missed a bank payment in two decades before a delay sending a shipment to Indonesia during a trade dispute between the countries prompted his lender to force him into receivership in 2013.
US feedlots draw more cattle than expected
CHICAGO -- Ranchers in May drove more cattle into U.S. feedlots than anticipated compared with the same period a year ago, said analysts after Friday’s U.S. Department of Agriculture (USDA) monthly Cattle-On-Feed report.
Seed supply company targets growing urban farming market
VEGETABLE and flower seed producer and supplier East-West Seed Co. is planning to expand its portfolio by offering vertical farming solutions such as hydroponic units and smaller greenhouses to urban dwellers.
