IFC to boost agricultural lending by 30%

The International Finance Corporation , the World Bank’s private sector arm, will boost lending to agribusiness by up to 30 per cent in the next three years, as it promotes the role of the private sector in the fight against hunger.

EU moves to ease dairy crisis

The European Commission on Tuesday proposed expanding its programme to stockpile butter and skim milk powder in its latest bid to ease a dairy crisis that has sown unrest among farmers across Europe.

EU wheat falls with US; harvest pressure grows

European Union wheat prices mostly eased on Monday, pressured by a drop in Chicago, weakness in oil and financial markets and the advancing winter grains harvest in the United States and Europe. Milling wheat futures in Paris fell in line with Chicago wheat, although they remained underpinned by a support zone plus worries about possible heat stress to later-developing winter wheat in northern France.

8.853mn tons of grain transported by railways in H1 2009

Crisis not impacted villages in Kazakhstan

The Prime Minister of Kazakhstan, Karim Masimov, during the meeting on realization of the anti-recessionary measures with participation of the head of the state stated the economic crisis has not had any impact on villages, "Kazakhstan Today" agency reports.

Crop freight tariffs to remain flat against 2008

According to the Ministry of Transport and Communications, tariffs for crop cargo freight and handling in ports will remain unchanged.

Gasoline grows in price by 10-12 kopecks over a week

Gasoline prices in the retail sector of the Ukrainian market grew by 1.6-2.1% June 30 through July 7, UKRINFORM reported, referring to UPECO Company

Brazilian Beef Exports Begin to Fall

Brazils beef exports continue their decline, with January through May export volumes down nearly 17 per cent to 436,525 MT compared to last years small volume (down 37 per cent compared to 2007).

U.S. USDA's export credit for grain surpasses $5 billion

On June 24 and July 2, the U.S. Department of Agriculture (USDA) announced an additional $1.05 billion for GSM-102 export credit guarantees for the 2009 fiscal year, bringing this year's total allocations to $5.375 billion, according to the U.S. Grains Council (USGC)

Russian grain prices down

Russian grain prices fell more last week on as expected healthy harvests elsewhere kept international demand low, analysts said on Monday. "Exporters are concerned about low demand on the part of importing nations, which this season are expecting large wheat crops," the Institute for Agricultural Market Studies (IKAR) said.