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Iran inks MOU with Russia, Kazakhstan for temporary imports of wheat

“TEHRAN- Iran signed a memorandum of understanding with Russia and Kazakhstan for temporary imports of wheat from those countries, Iranian deputy agriculture minister announced on Sunday” reports tehrantimes.com. The MOU with Russian and Kazakhstan is on temporary imports as well as transit and swap of wheat, Mehrfard said and added that wheat swap has been mentioned but details is not specified yet.As the capacity of Iran’s flour mill plants is two folds more than the domestic demand, temporary imports of wheat for flour production can be an advantage for the…

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Farmers are using AI to spot pests and catch diseases — and many believe it’s the future of agriculture

“There is a ways to go before artificial intelligence can truly solve the issues facing agriculture today and in the future” writes Nisha Stickles for businessinsider.com. Ryan Pierce comes from a cloud computing background, but decided to jump into indoor growing, despite little to no experience in agriculture.Machine learning — a kind of artificial intelligence that’s trained on huge data sets and then learns on its own — is the “brains.”. “We can tell when a leaf is developing and if there are any nutrient deficiencies, necrosis, whatever might be…

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American farmers ask for mental health help in face of economic stress

“The issues facing farmers, in particular, are unique, sometimes leaving the broader mental health community ill-equipped to meet their needs” reports washingtonexaminer.com. He recalled hearing talk of someone having to go to Independence, where the mental health institute is located.”It just gradually has gone away where today, there’s been movements to do away with the term mental health and substitute for brain disease,” he said.But policymakers today are paying more attention to the mental health struggles of farmers than they did in the 1980s, when land values plummeted and farm…

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On trade, farmers willing to get tough with China

“For one thing, while agriculture was not one of the issues that prompted the Trump administration to challenge Beijing on trade, Duvall says that China was closed off to a lot of U.S. agricultural trade even before the current trade war” reports washingtonexaminer.com. At several points in the interview, Duvall said that, first and foremost, farmers want to ensure that trade policy “does no harm.”.  Source: washingtonexaminer.com

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Trump’s trade dysfunction is undermining American agriculture

“With trade wars raging and massive subsidies flowing primarily to the largest corporate farms, American agriculture stands at a crossroads” reports washingtonexaminer.com. The Trans-Pacific Partnership would have made meaningful progress in opening notoriously-closed Asian agriculture markets for American farmers and ranchers.Given U.S. technological advantages, American farmers and ranchers would be the biggest winners of widespread multilateral liberalization of agricultural trade.The remaining members of the Trans-Pacific Partnership moved forward with the agreement, leaving American agriculture producers at a disadvantage in a fast-growing region of the world.Shortly after taking office, Trump withdrew…

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This is how far the spotted lanternfly might spread, as feds eye funds for fight

“The spotted lanternfly threatening $18 billion per year worth of Pennsylvania agriculture products could spread throughout the Mid-Atlantic and New England, west into Kansas, and show up on the West Coast, too” writes For Lehighvalleylive Com for nj.com. The Lehigh Valley is part of a 14-county quarantine area in Pennsylvania aimed at restricting the lanternfly’s spread.Click here to learn about 11 ways you can help fight the lanternfly’s spread. Source: nj.com

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News Oil 

US imposes tariffs on EU wine, cheese, and olive oil

“U.S.-EU trade talks were seriously pursued by both sides earlier in the year but ran aground largely over the issue of agricultural subsidies” reports washingtonexaminer.com. A new round of tariffs on European Union goods, such as wine, cheese and olive oil, are set to go into effect Friday, a move that illustrates the current dim prospects for a broader U.S.-EU trade deal.But the U.S. tariffs are also intended to send a message to the EU that it should reconsider its position on agriculture in any broader trade talks, some involved…

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Wednesday Sector Leaders: Agriculture & Farm Products, Electric Utilities

“In trading on Wednesday, agriculture & farm products shares were relative leaders, up on the day by about 0.5%” writes Bnk Invest for nasdaq.com. Leading the group were shares of S&W Seed, up about 9% and shares of Cresud S.A.C.I.F. Y A. up about 1.5% on the day.Also showing relative strength are electric utilities shares, up on the day by about 0.3% as a group, led by Pacific Gas & Electric, trading up by about 5.8% and Just Energy Group, trading higher by about 3.7% on Wednesday. Source: nasdaq.com

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North Macedonia banks on medicinal cannabis growth to boost economy, exports

“Since 2017, North Macedonia has issued 28 licences for growth and production of cannabis oil and another 15 companies are waiting for permits” writes Midwest Communications Inc for 95kqds.com. “We expect the cannabis industry could generate as much as one percent of national output,” Venko Filipce, the country’s health minister told Reuters. Source: 95kqds.com

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Ivory Coast president appoints new finance and agriculture ministers

“ABIDJAN (Reuters) – Ivory Coast President Alassane Ouattara named a new government on Wednesday in which Adama Coulibaly will assume the role of finance minister, the government said in a statement” writes Midwest Communications Inc for 95kqds.com. Kobenan Kouassi Adjoumani was appointed to the other key position of agriculture minister in the world’s biggest cocoa-producing nation.Ouattara’s camp has said he may reconsider a decision not to run in the 2020 presidential poll if long-time rivals Gbagbo and Bedie were to stand. Source: 95kqds.com

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