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EU grain farmers brace for life without safety net. * Price support suspended for feedgrains * Remaining milling wheat support will cushion * Southern Europeans wary of competition

China will further increase investment in the agricultural sector with 818.3 billion ($119.84 billion) yuan in 2010, up 93 billion yuan compared with last year, according to Premier Wen Jiabao during his government work report at the Third Session of the 11th National People's Congress Friday

The rally in palm oil futures will be capped by the large soybean harvest in Latin America and rising inventory of oilseeds in India, the biggest buyer of the cooking oil, Adani Wilmar Ltd. said today

Qatar-based Hassad Food has initiated its investment in Australian ­agriculture with the purchase of the prized Kaladbro Estate in far western Victoria.

The Australian dollar is being overtaken by the Canadian dollar among commodity currencies as the safety of Canadas banking system and ties with the U.S. economy spur investors to buy the loonie. Options show demand for the right to sell the so-called Aussie and buy the Canadian dollar reached the highest last month in almost a year

U.S. farmers grew record-large corn and soy crops in 2009 but production in 2010 could be even bigger, aided by an El Nino weather pattern that is typically a boon to the Midwest but less so for growers in Australia and southeast Asia, a forecaster said Thursday.

Wheat futures may fall to as low as $4.50 a bushel in Chicago in the first half of this year as global supply rises, damping demand for U.S. exports, Commonwealth Bank of Australia said.

Chinas rapeseed oil imports in 2009 more than doubled to a record 3.29 million metric tons

The U.S. cattle herd this year may be the smallest since 1958, the result of herd liquidation after years of losses due to mad cow export bans, high feed costs and a devastating recession, livestock analysts said.