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Germany starts move to ban GMO crops

Germany has initiated a move to stop the growing of genetically modified crops under new European Union rules, documents seen by Reuters showed on Monday. German Agriculture Minister Christian Schmidt has informed German state governments of his intention to tell the EU that Germany will make use of new “opt-out” …

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Palm oil hits 11-month low as demand worries persist

Malaysian palm oil futures reversed gains to hit an 11-month low on Wednesday as worries about rising production and falling demand offset initial support from a weak currency and firmer comparative vegetable oils. By the close, the benchmark palm oil contract for October on the Bursa Malaysia Derivatives Exchange had …

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