Crop products and commodities
Biofuel crops
ANZ still owes villagers over sugar loan: Oxfam
Australian banking giant ANZ has come under fire for its response to a scandal over its financing of a sugar plantation previously linked to forced evictions and child labour in Kampong Speu province. Titled Still Banking on Land Grabs, Oxfam’s Australia branch released a report on ...
Sugar posts 1st gain in 5 years as El Nino ends surplus
After four bitter years, sugar mills can look forward to sweeter prospects in 2016. Prices have rebounded 50% since reaching a seven-year low in August. Raw-sugar futures traded in New York posted a 5% gain for the year, their first annual advance since 2010. The market ...
Low yields sour Savannakhet sugarcane farmers' prospects
Some individual sugarcane growers in Savannakhet province now owe the milling company as much as 174 million kip following their poor harvests, it was recently revealed. According to a workshop on reducing debt risks for farmers in Vientiane, some families in Savannakhet’s Xaybouly district are in ...
