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Tuesday, February 09, 2010
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Firm to spend $782m on sugar production
Johannesburg  
 
  Illovo Sugar plans to spend about 6 billion rand ($782.2 million) over the next five years to boost sugar production in Africa to 2.5-2.7 million tonnes from 1.7 million, the Business Day reported on Monday.  
   

  Wheat intervention to be last resort for EU farmers
Paris : 
  Rising stocks and a subdued market may lead European Union farmers to resort to selling wheat to public stores, but sizeable offers are unlikely to come before the end of the season as growers hold out for better prices.     
   
  Saudi rules out ban on dairy exports
Riyadh : 
  The Saudi government will not implement a recommendation by an advisory council to ban dairy exports, the kingdom's agriculture minister said in an interview on Tuesday.     
   

 
Today's Poll
Do you think the growing tension between the U.S. and China may lead to "economic cold war" between these two countries?
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