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Morning round-up, Thursday July 04


* Coffee farming associations from around the world are set to meet in Campinas, Brazil next week for the World Coffee Producers Forum to discuss the economic sustainability of producers.


Coffee prices around the globe have reached record lows, causing many farmers to abandon the crop and look for alternative ways to earn an income.

According to Reuters, coffee prices in New York reached 86 US cents in May, the lowest in 12 years. They have since recovered slightly to around 110 cents. But this is still worrying many analysts as the price is considered unsustainable.




* White House economic adviser, Larry Kudlow told reporters on Wednesday that the US and China would resume face-to-face trade talks in the coming week.


The two countries have already been communicating via telephone since announcing over the weekend that they will pick up discussions again.




* Canda’s Food Inspection Agency and the EU’s Department of Health and Food Safety have come to an agreement on ways to continue safe trade and limit the spread of African swine fever should the disease hit the North American nation.




* China’s cabinet on Wednesday released plans on how to prevent and control the spread of African swine fever in the country.


The government said that it will promote large-scale pig farming through production subsidies in areas seriously affected by the disease.


It also plans to reduce the number of small pig farms.


China has reported more than 120 cases of the deadly disease since it was first reported in August last year.




* Malaysia, the world’s second biggest palm oil producer, will be taking on an international school in the country for what it calls “anti-palm oil propaganda”.


The education ministry made the announcement on Wednesday, promising that the government would take action against the school after a video circulated showing students talking about palm oil’s role in the decreasing numbers of orangutans in the country.

Malaysia’s education ministry said that students’ actions violate the country’s national policy.



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