EU27 real agricultural income per worker increases by 1.0%

EU27 real agricultural income per worker has increased by 1.0% in 2012, after an increase of 8.0% in 2011, according to first estimates2 issued by Eurostat, the statistical office of the European Union. This increase results from a rise in real agricultural income (+0.5%), together with a reduction in agricultural labour input (-0.5%). These estimates for the EU27 are based on data supplied by the national authorities in the Member States.

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Worldwide Ag Machinery Associations Provide Assessment Of Industry's Future

Overall, the global agricultural machinery industry remains positive; worldwide production volume is expected to increase to $110 billion (€ 86 billion) by year-end 2012 and could grow by another five percent in 2013, according to reports from the Agrievolution Economic Committee, a gathering of the world's largest agricultural machinery...

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Russia - Pravda report Russia throws poisonous meat back to US

U.S. meat supplies to Russia have been banned. The Russian Federation and the United States differ in the assessment of the causes of the situation. Russia claims that the reason for the ban was the presence of ractopamine drug in US meat. America insists that Russia's actions were a response to the adoption of the Magnitsky Act by the

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Wheat 50% overvalued - corn to hit three-year low

Wheat futures for next year's crop are overvalued by nearly 50%, and corn prices are on their way to their lowest since 2010, Macquarie said, pegging soybeans as the best bet of Chicago's big three crops for 2013.

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