Agriculture Sector

Monsanto Not Planning to Apply for Approvals of Novel GM Seeds in Europe

Monsanto Not Planning to Apply for Approvals of Novel GM Seeds in Europe   Monsanto, a publicly traded American multinational agricultural biotechnology corporation and a leading producer of genetically engineered seed, has made some important announcement.

Obeid Plays Smart, Agricultural Land Market Value Increases Four Times

Obeid Plays Smart, Agricultural Land Market Value Increases Four TimesIndependent Commission against Corruption has been informed that Former NSW Resources Minister Ian Macdonald of New South Wales and upper house MP Eddie Obeid's family invested $200,000 in an agricultural land, which returned them tens of millions of dollars. Recent reports subjected that the land was afterwards approved and a license was provided to exploit the land for coal deposits.

Corn Crop Sales Surge Five-Week High

Corn-Crop-SalesA recent report by the government of the US has unveiled that though, overall sales of corn have not realized a major rise. A fall in price of the corn last week made the nation realize a five-week high in its export sales.

Saudi Govt and UAE Will Farmland Abroad

Saudi ArabiaUAE and Saudi Arabia have decided to make investment to purchase farmland in foreign countries.

These two nations face shortage cultivated products to supply food and water to their citizens. Therefore, higher authorities of these two Middle East countries have chalked out plans and programs to buy farmland for arranging food and drinks.

The Future Lies in Genetically Modified Crops

Experts of science from the Royal Academy today outlined the need for Genetically Modified (GM) crops. Reasons allocated for such a requirement include the ever growing population, the subsequent food crisis and the infamous ‘Global Warming’. With passing time, the climate worsens and to survive these harsh conditions GM techniques will be required.

Agriculture deal to be signed between UAE’s Janan and Egypt

Tuesday, the official news agency MENA reported that a deal would be signed by a United Arab Emirates Company with Egypt, with the aim to cultivate 100,000 feddans, about 42,000 hectares (103 acres), of land with wheat, corn and feed.

The agency said that, next week, a deal would be signed by UAE agricultural investment firm Janan with Egypt's Agriculture Ministry, for the project which will expand until 2015.

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