Agriculture Commodity Prices – Mbare Market 20 December 2022

Agriculture Commodity Prices – Mbare Market 20 December 2022

Farmers receive training on tick-borne disease management

EFFORTS to re-build the national herd continue to gain traction with a local company, National Kraal hosting an on-site animal health training programme to capacitate farmers with the technical knowledge on animal disease management to help reduce cattle mortality rates.

Powerspeed revenue jumps 2009pc to $26,9bn

Tapiwanashe Mangwiro Business Writer Powerspeed, which operates the Electrosales hardware chain, recorded a 2009 percent growth in revenue to $26,9 billion in the financial period ended September 30, 2022. Chairman…

‘Transform 381pc increased cotton hectarage to yields’

FOLLOWING the 381 percent expansion of the cotton hectarage this season, thanks to various support programmes, the Agricultural Advisory and Rural Development Services (AARDS) has challenged farmers to use proper agronomic practices and transform the increased hectarage into yields.

Big oil investors demand aggressive climate targets

Investors with combined assets of €1,3 trillion (US$1,4 trillion) have asked the world’s biggest oil companies for swifter action to cut greenhouse gas emissions.

Asian equities fall on rates outlook

Asian stocks retreated as the Federal Reserve’s resolve to keep raising rates reduced the appetite for riskier assets. The yen stabilised after speculation that a shift is on the horizon for Japan’s monetary regime fuelled early gains.

Brazil done with meat export

Meat consumption in Brazil, the world’s biggest beef and chicken exporter, fell sharply this year as rising food prices curbs demand. What’s most curious: more than 90 percent of Brazilians say they don’t want to return to their past meat-eating habits.

Oil rose on China growth

Oil rose at the week’s open following a pledge from China to revive consumption as Covid-19 Zero is abandoned and a plan from the Biden administration to begin refilling the nation’s strategic crude reserves.

Musk asks users to decide

Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.

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