Monday, 11 May 2015

Global Agri & Food Updates - 12May'15 !

1. Russia-China strengthen agricultural ties with $2bn fund.An experimental free trade zone in China's biggest grain-producing region was also agreed.

2. The USDA will invest $235 million capital into water conservation partnerships that aim to solve regional water issues.

3. Agriculture is one of the sectors that OPIC is targeting with its $400m mandate for seven to eight PE fund managers.

4. Daily consumption of a low-calorie cranberry juice may improve certain risk factors of heart disease, including blood pressure and triglycerides, says a new study from the Agricultural Research Service at the USDA and Ocean Spray Cranberries.

5. Food safety in countries including Montenegro, Slovenia, Turkey and Moldova has been highlighted as part of the World Health Organization’s (WHO’s) World Health Day.

6. Vietnamese dairy giant Vinamilk is in talks to acquire dairy operations in Europe, according to reports from the South East Asian country.

7. The WHO is urging people to ‘use with caution’ its own predictions that nearly 90% of Irish men and 77% of Greek men would be obese by 2030.

8. hrough the Food for Progress Program, USDA's Foreign Agricultural Service will provide the government of Jordan with 100,000 metric tons of U.S. wheat, valued at approximately $25 million.

9. Global food import costs are set to reach their lowest level in five years during 2015, even as volumes remain the same or rise slightly, according to the Food and Agriculture Organisation (FAO).

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