Kenya – Drought impact

USDA reports that a severe drought in late January has caused near-total failure in the maize and wheat crops, with farmers converting them to livestock feed to salvage value.

USA – wildfires spread

Drovers report that over the past week, more than 283,000 acres have been burned by wildfires in northern Oklahoma and southern Kansas.

New Zealand – shareholder dividend

Fonterra has announced that it will pay out 100% of underlying earnings generated by Mainland Group prior to the completion of its sale and worth between NZ14c and NZ18c (€0.07-€0.09).

Uruguay – Mercosur approval

The Uruguayan legislature is voting on the Mercosur trade deal this week and if approved will be the first South American country to ratify the deal.