1 - India against new texts for WTO talks

Developing nations refuse to accept April 21 texts that call for mandatory sectoral tariff cuts as
basis of negotiations. Even as the debate around whether the Doha Round of global trade talks
would be concluded by the year-end or not gain momentum, a cohort of developing countries,
specifically India, has refused to accept the April 21 texts which call for mandatory sectoral tariff
cuts as the basis of negotiations, despite US pressure.
http://www.business-standard.com/india/news/india-against-new-texts-for-
wto-talks/437270/

2 - Argentine economy thrives as grain, soy prices soar

High grain and soybean prices have driven global food inflation to the point of causing riots in
Africa, but no one is complaining on the banks of the Parana River in Argentina's central farm
belt. In the port city of Rosario, profits from grains exports have funded construction of some of
Argentina's tallest skyscrapers over the last year, helping to make Argentina's devastating
2001/02 financial crisis a distant memory.
http://www.forexyard.com/en/news/Argentine-economy-thrives-as-grain-soy-prices-soar-2011-
05-30T153801Z

3 - EU: Three month drought hits yields of processed vegetables

Crops for the EU's vegetable processing industry will fall well below expectation due to
unfavourable conditions in the first five months of this year. An exceptionally long period of dry
and hot weather in the north of Europe is creating problems for growing crops. Particularly for
small seeded crops, such as carrots and onions, that experienced poor germination due to the dry
soil conditions, and for those crops that are currently reaching maturity, such as spinach, peas,
broad beans and cauliflower, that without moisture cannot achieve their potential yield.
http://www.21food.com/news/detail34967.html

4 - Vegetable world confused after outbreak of EHEC bacteria

The results of the outbreak of the EHEC bacteria keeps Europe in its hold. In the meantime more
than one thousand cases are known, whilst normally speaking about nine hundred people are
infected during an entire year. During the weekend four people died, two women in Kiel (38 and
84), a 36-year old lady in Lubeck and an 87-year old woman in Hamburg.
In total eleven people have died, but the German authorities are sure that more fatalities will
occur.
http://www.freshplaza.com/news_detail.asp?id=81211
5 - Costa Rica: Pineapple exports to U.K. and U.S. grow
Higher sales to the U.K. were seen with US$17 million and to the U.S. with US$3.8 million,
decreasing melon shipments.Costa Rica exports reached in the first four months of 2011,
US$3,352.1 million, 5.2% more than the US$3,184.8 recorded in the same period of 2010, said
today an official source.

The three main sectors of production, livestock and fisheries, agriculture and industry, "grew in
the first four months of 2011 at rates of 10.4%, 7.5% and 4.3%, respectively", explained in a
press conference the Foreign Trade Minister, Anabel González.
http://www.freshplaza.com/news_detail.asp?id=81133

6 - Mexico could increase fruit and vegetables exports to EU

Exports of Mexican fruit and vegetables to Europe exceeded US$68 million last year, a figure
that could increase if producers improve their presentation, said the expert Manuel Alonso Báez.

In the XI Forum of Expectations of Agri-Food and Fisheries, the expert from the Center for Food
Research and Development explained that fruits whose sales could grow to that continent are
those of tropical origin, such as mango, guava and papaya.
http://www.freshplaza.com/news_detail.asp?id=81110

7 - U-turn for Maersk on Asia-Europe rate increase

Maersk Line has delayed the implementation of its Asia to North Europe General Rate Increase
(GRI), pencilled in for next week, just a month after it announced the price increase. The Danish
carrier is postponing the US$500 per 40ft dry container increase it planned for 1 June until 1
July. However, there was no announcement on rates from Asia to the Mediterranean, which were
also due to rise by $500 per feu on 1 June.
http://www.freshplaza.com/news_detail.asp?id=81172

8 - China: Droughts cause rise in vegetable prices

Soaring vegetable prices amid China's worst droughts in half a century have
triggered worries that inflation will climb to a new high in May. Vegetable prices
rose 18.84 percent last week from the previous week, according to figures from the
Baishazhou Market in Wuhan, capital of drought-hit Hubei Province in central China.
For areas outside the drought-affected regions, things are nearly the same.
Vegetable dealer Liu Baohua, who is head of the vegetable supply center of the Yuji
Township Cooperative Association in Liaocheng, Shandong Province, found that
spinach prices jumped to 3 yuan per kilogram from merely 0.4 to 0.6 yuan per
kilogram a month earlier.
http://www.freshplaza.com/news_detail.asp?id=81173
9 - China imposes duty on guar exports
Guar gum exporters from India are at a distinct disadvantage. China has
imposed customs duty of 7% and 15% on guar exports from India, the world's
largest exporter. But import from Pakistan is duty free. This preferential
treatment is costing India in global market share.

The guar splits and guar powder attract a duty of 7% and 15% respectively.
China accounts for 25% to 30% of the total exports of guar gum splits. Due to
the higher duty on guar powder, India's exports to China is decreasing while
exports of refined guar gum splits is increasing.
http://economictimes.indiatimes.com/news/economy/foreign-
trade/china-imposes-duty-on-guar-exports/articleshow/8655752.cms

10 - Brazil - North African and Middle East markets expanding for beef
The share of Middle Eastern and African countries in revenues of the Brazilian group JBS,
the world's leading processor of animal protein, has increased, according to the ANBA news
agency. According to the results announced this week, JBS exported the equivalent of
US$2.45 billion in the first quarter this year. Out of that total, 15.9 per cent was shipped to
countries in Africa and the Middle East, at a value of $389 million.
http://meattradenewsdaily.co.uk/news/310511/brazil___north_african_a
nd_middle_east_markets_expanding_for_beef.aspx