The first two of 16 U.S. Crop Watch fields were harvested last week, though for the most part, the producers report that harvest activity has been on the lighter side and will likely ramp up in the coming days.
U.S. agricultural commodities trader and processor Cargill Inc has acquired a soy processing facility in eastern China via a judicial auction, expanding its crushing capacity in the world’s top soy consuming nation.
Mosaic Company filed a petition in mid-July that accuses phosphate producers in Morocco and Russia of receiving unfair government subsidies that cause material injury to domestic (U.S.) producers as a result.
One of the most devastating crop insurance frauds in history allowed willing farmers to collect on fake claims and sell hidden yields. At a minimum, $100 million was stolen at all levels of the agriculture industry.