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Australia's AWB agrees payout over Iraq bribesSydney (AFP) Feb 15, 2010 Australia's AWB wheat firm on Monday agreed to pay 39.5 million dollars (35 million US) to settle a class action for bribing the regime of former Iraqi president Saddam Hussein to secure lucrative deals. The former monopoly exporter will make the payment, including interest and costs, to more than 1,000 shareholders and farmers who claimed the scandal cost them 100 million Australian dollars in losses. "We are pleased that it has been settled," retired farmer John Watson told reporters outside t ... read more |
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Urbanization And Export Crops Drive Deforestation
New York NY (SPX) Feb 12, 2010The drivers of tropical deforestation have shifted in the early 21st century to hinge on growth of cities and the globalized agricultural trade, a new large-scale study concludes. The observations starkly reverse assumptions by some scientists that fast-growing urbanization and the efficiencies of global trade might eventually slow or reverse tropical deforestation. The study, which covers most ... more Fernandez, farmers locked in Argentine row
Buenos Aires (UPI) Feb 11, 2009 Argentina's government has courted more controversy after a meeting between President Cristina Fernandez de Kirchner and farmers' representatives deteriorated into an angry war of words over who is to blame for higher beef prices. The government is already embroiled in an unprecedented row after its attempted use of Central Bank reserves to pay off Argentina's debt, which led to the rem ... more Genome Sequencing Speeds Ability To Improve Soybeans
West Lafayette IN (SPX) Feb 10, 2010Purdue University scientists led an effort to sequence the soybean genome, giving researchers a better understanding of the plant's genes and how to use them to improve its characteristics. Agronomy professor Scott Jackson said the U.S. departments of Energy and Agriculture study found that the soybean has about 46,000 genes, but many of those - 70 percent to 80 percent - are duplicates. T ... more |
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US Soy Delivers Environmental And Energy BenefitsWashington DC (SPX) Feb 11, 2010 The United Soybean Board (USB) released a new peer-reviewed life cycle profile that documents multiple energy and environmental benefits of U.S. soybean farming and processing. It confirms why manufacturers are increasingly using U.S. soy in green chemistry for a wide array of biobased products. Renewable by nature, U.S. soy is used as an ingredient in a diverse group of biobased products. They range from biodiesel that fuels vehicles to the resins that go in the exterior panels of cars and farm m ... read more |
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