Flash floods in Pakistan have destroyed thousands of acres of crops in Punjab, the country’s largest producer https://t.co/yHl2W5ruQl ...

Core Viewpoint - FirstFarms A/S reported a pre-tax profit of 7 million DKK in the first half of 2025, despite challenges from a foot and mouth disease (FMD) outbreak affecting milk production and lower-than-expected prices in pig and crop production [1][9]. Financial Performance - The company's turnover decreased by 28 million DKK, with EBITDA down by 11 million DKK and EBIT down by 13 million DKK compared to the previous year [1][9]. - The pre-tax result was 12 million DKK lower than the same period last year [1]. Impact of Foot and Mouth Disease - The FMD outbreak in Slovakia led to the culling of 3,521 animals, significantly impacting operations and financial results [2][6]. - The construction of a dairy facility in Plavecky Stvrtok is temporarily on hold due to the FMD outbreak, with plans to resume in the second half of 2025 [2]. - The total positive impact on the value adjustment of pigs, cattle, and unharvested crops was 42 million DKK, while the negative impact from culling milking cows due to FMD was 35 million DKK, resulting in a net impact of 4 million DKK [4]. Future Expectations - The company expects to re-establish full milk production in Plavecky Stvrtok by Q4 2025, with a complete herd restoration anticipated by 2026 [7][8]. - Following the FMD outbreak, the company adjusted its expectations for the year's results downwards by 45 million DKK but later revised them upwards, anticipating subsidies of 40-55 million DKK [10][11]. Operational Developments - The company is focusing on the full re-establishment of milk production and aims to operate the rest of its production more efficiently and sustainably [11]. - Ongoing construction projects, including a silo expansion and irrigation system enhancement in Romania, continue despite the challenges faced [5].

China has decided to place tariffs on Canadian rapeseed imports following an anti-dumping probe, disrupting crop flows and adding to a trade spat between the two sides https://t.co/x735jEIGOl ...

The area allocated to monsoon-sown rice crops has surged 47% from a year earlier to 3.5 million hectares as of Friday, according to India’s agriculture ministry https://t.co/LeP0jAsZjz ...