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Oil set for steepest weekly losses since June

LONDON, Aug 8 (Reuters): Oil prices steadied on Friday and were poised for the steepest weekly losses since late June on a tariff-hit economic outlook and a potential meeting between US President Donald Trump and Russian counterpart Vladimir Putin.Brent crude futures were up 14 cents, or 0.2%, at $66.57 a...

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Faridpur faces price shock

FARIDPUR, Aug 8 (UNB): Onion prices in Faridpur have surged by Tk 1,000 per maund over the past 10 days due to reduced supply in the market, affecting retail customers.According to Md Shaheduzzaman, Deputy Director of the Department of Agricultural Extension (DAE) in Faridpur, the district is the second-largest onion-producing...

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Govt plans to boost milk, meat production thru local cattle development

The government has unveiled a plan to increase meat and milk production through developing local cattle breed aiming to address nutritional needs, reduce poverty and improve rural livelihood, reports BSS.The government will focus on breeding 'proven bulls' by selecting male calves from the highest-yielding crossbred cows under a five-year initiative...

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Old trees, ageing farmers worsen outlook for top palm oil exporters

PONTIAN, Malaysia, Aug 8 (Reuters): Malaysian farmer Suratmen Mosman faces a dilemma that threatens to sap supply from the world's top palm oil exporters and drive up prices of the vegetable oil essential to billions of consumers worldwide in the next five years.The ageing trees on his plantation 300 km...

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