The Obama administration is pushing for the Trans-Pacific Partnership (TPP) Agreement to be approved because it would create major free trade between the U.S. and Pacific Rim countries by eliminating trade tariffs. Negotiations have been in the works since 2009 and the deal includes 11 nations other than the U.S., such as Australia, New Zealand,…
During the past decade, cotton production in India has experienced exponential growth. According to Commodity Online, output has increased from 15.8 million bales of cotton in 2002 to 40.2 million bales of cotton in 2014. Now, 37 percent of the world’s cotton acreage is in India. That means India has surpassed the cotton production in…
According to Bloomberg, “Monsanto Co., the world’s largest seed company, is offering Brazilian farmers a 16 percent discount on its newest genetically modified soybeans if they drop claims that patents on older beans expired years ago. Monsanto’s insect-fighting Intacta soy went on sale today in Brazil for 115 reais ($51.23) per hectare, the St. Louis-based…