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Wheat and oat futures fall, while corn and soybean futures rise on the CBOT

CHICAGO - Grains futures were mixed Friday on the Chicago Board of Trade. Wheat for July delivery fell 4.5 cents to $6.8325 a bushel; July corn rose 11.25 cents to $6.5275 a bushel; July oats slipped 2.25 cents to $3.755 a bushel; while July soybeans jumped 21 cents to $14.485 a bushel. Beef and pork prices fell on the Chicago Mercantile Exchange. June live cattle fell 0.50 cent to $1.1940 a pound; August feeder cattle fell 1.75 cent to $1.4337 a pound; June lean hogs fell 1.35 cent to 91.52 cents a pound.

Alliance Grain Traders reports best quarter since market soured in 2011

REGINA - Alliance Grain Traders Inc. (TSX:AGT) says it has benefited from an improvement in market conditions that began in late 2012 and continued into the first quarter of this year. The Regina-based company, which sells lentils, peas, chickpeas and other specialty foods, reported Monday a loss of $380,000 or two cents per share for the quarter ended March 31 on $276.4 million of revenue. The results compared with a profit of $2.8 million or 14 cents per share a year ago on $197.4 million in revenue.

Benguet maintains over 2,000 metric tons of daily vegetable harvest despite summer heat

Benguet provincial agriculturist Lolita Bentrez Friday said despite the hot summer weather, local farmers have maintained a daily harvest average of more than 2,000 metric tons of vegetables and root crops.

Guimaras eyes sweet potato for global market

The island province of Guimaras in Western Visayas is leveling up into a scenic island of not just mangoes but also potential agricultural products for international markets. Atty.

Banana fiber-making industry augments income of Davao del Norte farmers

What is commonly regarded as farm waste is yielding huge income for banana farmers in this town. Banana stalk, or in particular the pseudostem, is a good source of silk grade fiber, which currently has a huge demand in Japan as high as five tons per month. "Since we have steady income as banana fruit contract growers, we disregard the use of its trunk [pseudostem] and just allow it to rot in our plantation," said Avito Magdalaga, chair of Marsman Agrarian Reform Beneficiaries Cooperative (MARBCo). Elmer Degorio, municipal agriculture officer said they had long been convin

Italy asks EU to halt GM maize cultivation

The Italian government has asked the European Commission not to renew authorisation of a key genetically-modified corn, according to a letter seen by AFP on Thursday. The product is US agri-giant Monsanto's MON 810 maize, one of only two GM products cleared to be grown in Europe along with German conglomerate BASF's Amflora potato. Renewal of the maize licence is currently on hold due to hostility or reticence by a string of European Union states.

Food price rises put restive Egypt on edge

By Sylvia Westall and Tom Perry CAIRO (Reuters) - YDBWith croissants, baguettes and bagels spilling off metal trolleys at the bakery where Mohammed Alif works in central Cairo, food is not scarce, but profits certainly are. The Egyptian pound has lost more than 8 percent of its value against the U.S. dollar since the end of December as concern deepens about the state of the economy, which is being undermined by political instability and rioting.

Gates and Slim inaugurate bioscience center in Mexico

Texcoco, Mexico, Feb 14 (EFE).- Bill Gates and Carlos Slim, who control the world's two largest fortunes, inaugurated a bioscience center in Mexico that will conduct research to improve wheat and corn seeds to fight hunger. "Of the three principal crops with which we feed ourselves, rice, wheat and corn, the key work on two of them is done here and it's fantastic to see the renovation that has taken place here," Bill Gates said during Wednesday's inauguration ceremony.

Venezuela supermarket scramble mixes dearth with gourmet

* Staple foods go scarce, luxury goods easy to find * Price controls, panic purchases leave some shelves bare * Government says merchants hoarding food to destabilize By Brian Ellsworth CARACAS, Jan 25 (Reuters) - A supermarket in a posh district of Caracas is barren of wheat flour but well stocked with gourmet cream-filled sweetbread imported from Italy. Sugar is nowhere to be found, but sweeteners such as Equal and Splenda take its place on shelves.
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