CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production is due to weaker demand […] Read more
Global markets: Japan, Germany cut economic forecasts
McDonald’s to offer first-ever organic burger, in Germany
Reuters — McDonald’s will offer its first-ever 100 per cent organic beef hamburger for a limited time in Germany, as a growing number of global diners demand food that is more natural and less processed. From Oct. 1 to Nov. 18 McDonald’s will offer “McB” burgers, made with organic beef sourced from organic farms in […] Read more
Baking, parched fields set to trim EU wheat harvest
Paris | Reuters — A heatwave in Western Europe is adding to stress on wheat crops after a dry end to spring and reducing what had been very high yield potential only a month ago. Record temperatures for early July at around 40 C in parts of France unnerved traders in the European Union’s top […] Read more
Germany to press EU for national right to ban GMOs before 2015 harvest
Berlin | Reuters — Germany is pressing the European Commission to allow individual EU countries to ban cultivation of crops with genetically modified organisms (GMOs) before the 2015 harvest. German farm minister minister Christian Schmidt said “social-economic reasons” should be taken into account to allow a European Union country to ban GMO crops even when […] Read more
Neonics ban results in bug damage to crops
Rapeseed crops show damage four weeks after planting
Reading Time: < 1 minute Reuters – Rapeseed crops in Germany are suffering unusually high levels of insect damage this autumn following the European Union’s ban on neonics, says the German farming association DBV. Some farmers may suffer lower yields in the upcoming 2015 rapeseed harvest, it said. The EU has decided to restrict neonicotinoids which have been linked to […] Read more
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