Alfalfa genetically modified to withstand Monsanto Co.’s Roundup weed killer was correctly deemed by U.S. agriculture officials not to be a plant pest that needs to be regulated, a federal appeals court ruled.
Mironovskiy Hleboproduct SA, Ukraine’s biggest poultry producer, expects this year’s Ebitda to be unchanged from 2012, after a first-quarter decline, by boosting chicken production and planting more grain.
China ordered local authorities to tighten scrutiny of the production and sale of fake meat products, the official Xinhua News Agency reported today, citing the State Council’s Food Safety Commission Office.
Yum! Brands Inc., owner of the KFC and Pizza Hut dining chains, said sales at stores open at least 12 months fell 29 percent in China in April as customers remained concerned about the safety of its chicken and the spread of bird flu hurt demand.
Monsanto Co. and Dow Chemical Co. face delays in selling crops engineered to survive older weedkillers after the the U.S. Department of Agriculture announced increased scrutiny of the genetically modified plants.
Wal-Mart Stores Inc., the world’s largest retailer, will invest 100 million yuan ($16.3 million) over three years to improve food safety in China as it works to bolster its image after a series of food-related citations.
A record New Zealand dollar pushed the central bank into its first confirmed currency intervention in six years. It’s also forcing the nation’s biggest exporters to innovate as the soaring kiwi squeezes returns.