Grain, oilseed futures start Tuesday higher

Grain and oilseed futures were higher Tuesday morning after the Renewable Fuel Standards were raised by the EPA Monday afternoon. The total renewable fuels mandate was set at 18.11 billion gallons, while the ethanol mandate was raised 500 million gallons to 14.5 billion gallons, boosting corn futures. Still, lagging export inspections and better than expected U.S. production could limit the upside. Argentina plans to abolish the 20% corn export tax on Dec 10, 2015, the first day the new regime takes office. The dollar was a bit lower yet still remains above 100.0.


John Innes Centre and BecA strengthen their alliance

The John Innes Centre, a leader in plant and microbial research, has strengthened its alliance with Biosciences east and central Africa (BecA) to maximise the impact of JIC’s cutting edge science in Africa and to build capacity in the Nairobi-based research hub by supporting African scientists to find scientific solutions to African food security challenges.


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