Agriculture

Indonesia waives soybean import duty

TofuThe Indonesian government has decided to waive soybean import duty in view of the recent hike in price of the commodity

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FAO Food Price Index falls again

FAO-food01The FAO Food Price Index fell for the third consecutive month in June 2012, dipping 1.8 per cent from May to its lowest level since September 2010

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Sodrugestvo Group, Mitsui form strategic alliance

grains-mitsuiA new agreement has made Japan’s Mitsui & Co a 10 per cent shareholder in Luxembourg-based Sodrugestvo Group

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Cargill sells 32,000 tonnes of Indian wheat to Indonesia

wheat-cargillAgribusiness major Cargill Inc has sold about 32,000 tonnes of Indian wheat to Indonesia's Bogasari flour mills in the first large shipment of the grain to Asia in at least seven years

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World demand for agricultural equipment to increase 6.7 per cent yearly

Agri-equipmentAccording to the 'World Agricultural Equipment to 2016' research, global demand for agricultural equipment is expected to increase 6.7 per cent per year through 2016 to US$173.5 billion

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