DENVER, Colorado, June 1 (TNSres) -- CoBank, a cooperative bank that serves agribusinesses, rural infrastructure providers and Farm Credit associations, issued the following news release: The cost of storing grain, commonly referred to as the cost of carry, has soared to record highs due to rising interest rates, high commodity prices and increasing costs for labor, insurance, transportation and energy. That is putting a significant squeeze on grain elevators, which may be forced to lower their  more

WASHINGTON, June 1 -- The Congressional Research Service issued the following In Focus white paper (No. IF11529) entitled "U.S. Farm Commodity Support: Base Acres and Payment Yields" on May 31, 2023, by agricultural policy analyst Stephanie Rosch and research associate Christine Whitt. Here are excerpts: * * * U.S. Farm Commodity Support: Base Acres and Payment Yields The Agriculture Improvement Act of 2018 (2018 farm bill; P.L. 115-334) reauthorized the Price Loss Coverage (PLC) and the Ag  more

LONDON, England, May 30 -- Plant Biotechnology, a journal that says it features reviews by leading researchers in applied plant science, with an emphasis on molecular plant sciences and their applications through plant biotechnology from the Society for Experimental Biology and Association of Applied Biologists, published research articles, including the following topics, in its June 2023 edition: Brief Communications: * Functional analysis of the glutathione S-transferases from Thinopyrum an  more

HELSINKI, Finland, June 2 -- The U.S. State Department issued the following remarks by Secretary Antony J. Blinken at an event at the Helsinki City Hall on what he calls Russia's strategic failure and Ukraine's secure future. He was introduced by Helsinki Mayor Juhana Vartiainen and Mika Aaltola, director of the Finnish Institute of International Affairs. * * * MAYOR VARTIAINEN: Your Excellencies, ladies and gentlemen, dear friends, it is my great pleasure to warmly welcome you all to the bea  more

ROME, Italy, June 3 -- The United Nations Food and Agricultural Organization issued the following news on June 2, 2023: The benchmark index of international food commodity prices declined in May amid significant drops in quotations for most cereals, vegetable oils and dairy products, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 12  more

WARSAW, Poland, June 2 (TNSres) -- The Virginia Farm Bureau issued the following news: Peaceful plots of waving grains are ground zero for intensive research and development that keeps Virginia farmers competitive. Stakeholders took the opportunity to see it for themselves at the recent 2023 Virginia Small Grains Field Day at the Eastern Virginia Agricultural Research and Extension Center in Richmond County. The event was presented by AREC faculty, staff of Virginia Tech's College of Agricultu  more

GENEVA, Switzerland, June 1 (TNSres) -- The World Trade Organization issued the following news release: A new Global Trade Data Portal now available on the WTO website provides access to real-time data on trade, allowing users to monitor supply chain activities and providing advance warning of potential disruptions. This information can be helpful in determining appropriate policy action. The Portal was launched by the WTO on 31 May with the release, among other things, of new dashboards on sea  more