US misses out on billions in China soybean sales midway through peak season

BEIJING/SINGAPORE/CHICAGO — US farmers are missing out on billions of dollars of soybean sales to China halfway through their prime marketing season, as stalled...

Dairy duty: Indonesia presses businesses to find a million cows

KUNINGAN, Indonesia - The once-empty barns of the Laras Ati milk cooperative are filled with the recent arrival of more than 200 pregnant spotted...

Amendments being readied for coconut levy fund law

THE Department of Finance (DoF) will propose legislation to amend the coconut levy fund that will expedite the release of funds to farmers. “We will...

Dry weather threatens India tea exports, global supply

TINSUKIA, India — Under blazing skies at a tea plantation in India’s northeastern state of Assam, picker Kamini Kurmi wears an umbrella fastened over...

Sweden to temporarily halve VAT on food in election-year budget

STOCKHOLM — The Swedish government plans to temporarily halve value-added tax (VAT) on food to 6% in its election-year budget bill to help support...

Coffee roasters hike prices in Brazil as raw bean costs surge

LONDON/NEW YORK - Coffee roasters 3 Coracoes and Melitta are raising prices for their products in Brazil, the world's second-largest coffee consumer behind the...

Agri trade deficit in July widens to 4.9%

THE deficit in the agricultural goods trade in July rose 4.9% year on year to $929.78 million, according to the Philippine Statistics Authority (PSA). Agricultural...

Trump demand for Japan to buy more US rice stalled trade talks — report

TOKYO — A Trump administration request that Japan buy more US rice caused this week’s snag in bilateral trade talks as Tokyo “strongly objected”...

India push for ethanol-mixed fuel sparks backlash from motorists

NEW DELHI/LUCKNOW — The Indian government is facing a backlash from motorists after the nationwide rollout of fuel blended with 20% ethanol, amid fears...

Camarines Sur cold storage complex up and running by Dec.

THE Department of Agriculture (DA) said a P500-million cold storage facility is set to open in Camarines Sur in December. The proposed facility in Pili...

Brazil’s FRIGON sees PHL demand for beef growing with middle classes

A BRAZILIAN beef processor and exporter said the Philippines’ growing middle class will fuel demand for high-quality protein. FRIGON (Irmãos Gonçalves Comércio e Indústria Ltda.),...

US tariffs behind arabica price surge, Brazilian exporters say

SAO PAULO — The global arabica coffee market has surged in August with prices gaining more than 30% on the ICE exchange, driven mainly...