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Prices for pork bellies have increased about 80 percent this year, and frozen reserves are at a 60-year low.
As much as 40% of all German wheat will be used for animal fodder this year, double the usual level, according to estimates from Agravis and researcher Agriculture Market Information Co.
China is tackling soil, water pollution in agriculture reforms.
China plans to treat more waste from livestock breeding to improve its rural environment and reduce agriculture pollution in the world’s top pork producer.
Farmers can’t keep up and rising costs can boost inflation.
USDA quarterly survey likely to show stockpiles at 6-year high.
Vietnam to top China per-capita consumption as incomes improve.
South Africa’s driest weather in more than a century has destroyed more than 5 percent of the nation’s cattle and pork-breeding herds, fueling food prices and hitting jobs, lawmakers heard on Tuesday.
Cargill Inc., one of the world’s biggest agriculture companies, posted a 77 percent gain in net income in the fiscal second quarter after the $1.45 billion sale of its U.S. pork business.
As grillers welcome cheaper pork now, money managers are betting that costs will climb again as demand strengthens.