Rubrica english-section - pagina 6

Washington has surprised traders by raising its estimate for America’s corn production to a record 13.2m bushels (334.1m tonnes), despite the lengthy delays to harvesting which have left a chunk of the crop in the field. The data sent corn limit down in Chicago.

Ukraine’s grain output will fall this year despite a rise in plantings as rates of winterkill near-double and tight finances dent farm spending on sprays, UkrAgroConsult has said.

Cairo is poised to send a delegation to Uganda to identify farmland for growing wheat in Egypt’s latest move to shore-up supplies of the grain, of which it is the world’s biggest importer. The move comes amid a controversial grab for farmland by many importing nations, with popular protest crushing plans by South Korea’s Daewoo […]

Fertilizer industry is facing a new issue in the beginning of the year, – lack of domestically produced gas needed for fertilizer production, producers say. „Chemical fertilizer plants don”t have enough to help them function at maximum capacity”, said Marian Milea, the president of the national professional association Nitrofosfor.

Cargo transshipment at the state-run Illichevsk Commercial Seaport „(SCPI, Odessa region, Ukraine) decreased over 12 months, 2009 by 13,8% compared with 2008 – to 16.286 million tones.

Corn rose, capping a third straight weekly gain, on speculation that snow and rain during the past two months damaged crops in the U.S., the biggest grower and exporter. About 95 percent of the corn crop was harvested as of Dec.

Bulgarian livestock farmers will receive nearly 135 million GBN (70 million euros) in subsidies from the national government this year in order to support the Bulgarian cattle industry and to increase the level of beef production, according to local media reports.

Saudi Arabia would discourage cultivation of water intensive crops such as wheat and corn and rely more heavily on imports to secure future consumption. Due to its desert location Saudi Arabia is among the least food self-sufficient nations, needing to import almost its entire requirement of major foodstuffs.

Romania’s Finance Minister Sebastian Vladescu on Thursday said no final decision has been made as to applying a tax on fast food, adding it is only an idea and it remains to be seen whether or not the tax will be applied.